FAQ : ITI Balanced Advantage Fund - Growth - Direct Plan

ITI Balanced Advantage Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 27.96 14.31 N/A N/A
Average Rolling Returns(%) 12.55 11.37 N/A N/A

The Current NAV of ITI Balanced Advantage Fund - Growth - Direct Plan is ₹14.36.

It is better to invest in a fund with a longer track record as ITI Balanced Advantage Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. Funds returns likely to be fairly different than its benchmark NIFTY 50 - TRI , as Funds portfolio is somewhat different.

ITI Balanced Advantage Fund - Growth - Direct Plan fund’s expense ratio is 0.60%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of ITI Balanced Advantage Fund - Growth - Direct Plan is currently ₹337 Crores.

The Top three stocks are Reliance Industries, HDFC Bank and Infosys and account for 15% of its portfolio. Top 5 and 10 stocks of fund account for 22% and 35% of fund’s portfolio respectively.

Top three sectors of ITI Balanced Advantage Fund - Growth - Direct Plan fund are Miscellaneous, BFSI and Others accounting for 57% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Hybrid - Balanced Advantage it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of ITI Balanced Advantage Fund - Growth - Direct Plan Fund is Hybrid - Balanced Advantage.

Dhimant Shah and Rohan Korde manage the ITI Balanced Advantage Fund - Growth - Direct Plan Fund.

ITI Balanced Advantage Fund - Growth - Direct Plan current PE ratio is 40.61 and PB ratio is 6.02

The asset allocation of ITI Balanced Advantage Fund - Growth - Direct Plan is Stocks : 64.72%, Debt : 35.29% and Gold : 0%

The minimum SIP amount for ITI Balanced Advantage Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹5000.00

The exit load for ITI Balanced Advantage Fund - Growth - Direct Plan is Nil upto 10% of units and 1% for remaining units on or before 3 months, Nil after 3 months

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