Dezerv

Fund Overview

Fund Size

Fund Size

₹353 Cr

Expense Ratio

Expense Ratio

2.36%

ISIN

ISIN

INF00XX01655

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

31 Dec 2019

About this fund

ITI Balanced Advantage Fund Regular Growth is a Dynamic Asset Allocation mutual fund schemes offered by ITI Mutual Fund. This fund has been in existence for 4 years, 4 months and 20 days, having been launched on 31-Dec-19.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹13.38, Assets Under Management (AUM) of 353.06 Crores, and an expense ratio of 2.36%.
  • ITI Balanced Advantage Fund Regular Growth has given a CAGR return of 6.87% since inception.
  • The fund's asset allocation comprises around 54.81% in equities, 10.20% in debts, and 34.99% in cash & cash equivalents.
  • You can start investing in ITI Balanced Advantage Fund Regular Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+24.29%

+23.60% (Cat Avg.)

3 Years

+11.64%

+12.61% (Cat Avg.)

Since Inception

+6.87%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity193.52 Cr54.81%
Debt36.01 Cr10.20%
Others123.53 Cr34.99%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Treps 02-May-2024Cash - Repurchase Agreement45.13 Cr12.78%
Cash Offset For DerivativesCash - General Offset36.74 Cr10.41%
Reliance Industries LtdEquity19.45 Cr5.51%
Net Receivables / (Payables)Cash18.75 Cr5.31%
HDFC Bank LtdEquity15.69 Cr4.44%
6.89% Govt Stock 2025Bond - Gov't/Treasury14.98 Cr4.24%
Zomato LtdEquity13.11 Cr3.71%
Infosys LtdEquity12.97 Cr3.67%
Axis Bank Ltd.Bond - Corporate Bond12.97 Cr3.67%
NTPC LtdEquity11.71 Cr3.32%
Bharti Airtel Ltd (Partly Paid Rs.1.25)Equity11.05 Cr3.13%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit9.93 Cr2.81%
Axis Bank LtdEquity9.73 Cr2.75%
ICICI Bank LtdEquity9.6 Cr2.72%
364 DTB 05122024Bond - Gov't/Treasury9.6 Cr2.72%
Sun Pharmaceuticals Industries LtdEquity8.52 Cr2.41%
Titan Co LtdEquity7.81 Cr2.21%
State Bank of IndiaEquity7.68 Cr2.18%
Infosys LimitedEquity - Future-7.56 Cr2.14%
Adani Ports & Special Economic Zone LtdEquity7.53 Cr2.13%
Tata Consultancy Services LtdEquity6.75 Cr1.91%
Power Finance Corporation Ltd.Bond - Corporate Bond6.46 Cr1.83%
Mankind Pharma LtdEquity6.31 Cr1.79%
R R Kabel LtdEquity6.24 Cr1.77%
SBI Life Insurance Company LimitedEquity6.21 Cr1.76%
Bank of IndiaEquity5.88 Cr1.67%
ICICI Lombard General Insurance Co LtdEquity5.56 Cr1.57%
Future on HDFC Bank LtdEquity - Future-5.41 Cr1.53%
Larsen & Toubro LtdEquity5.23 Cr1.48%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond4.97 Cr1.41%
Concord Biotech LtdEquity4.71 Cr1.33%
IndusInd Bank LtdEquity4.62 Cr1.31%
Future on Adani Enterprises LtdEquity - Future-3.96 Cr1.12%
Adani Enterprises LtdEquity3.94 Cr1.12%
REC LtdEquity3.92 Cr1.11%
PB Fintech LtdEquity3.83 Cr1.09%
Future on ABB India LtdEquity - Future-3.7 Cr1.05%
ABB India LtdEquity3.68 Cr1.04%
ICICI Securities LtdEquity3.62 Cr1.02%
Tata Steel LtdEquity3.42 Cr0.97%
Future on Titan Corporation LimitedEquity - Future-3.4 Cr0.96%
Future on Tata Steel LtdEquity - Future-3.38 Cr0.96%
HCL Technologies LtdEquity3.17 Cr0.90%
Hindalco Industries LtdEquity2.98 Cr0.84%
Future on Reliance Industries LtdEquity - Future-2.73 Cr0.77%
Vodafone Idea LtdEquity2.35 Cr0.67%
Future on Tata Motors LtdEquity - Future-2.17 Cr0.61%
Tata Motors LtdEquity2.15 Cr0.61%
Future on Cummins India LtdEquity - Future-1.97 Cr0.56%
Cummins India LtdEquity1.97 Cr0.56%
Tata Consumer Products LtdEquity1.87 Cr0.53%
Ambuja Cements LtdEquity1.79 Cr0.51%
Apollo Hospitals Enterprise LtdEquity1.71 Cr0.48%
Future on DLF LtdEquity - Future-1.48 Cr0.42%
DLF LtdEquity1.47 Cr0.42%
Jindal Saw LtdEquity1.07 Cr0.30%
Future on ITC LtdEquity - Future-0.98 Cr0.28%
ITC LtdEquity0.98 Cr0.28%

Allocation By Market Cap (Equity)

Large Cap Stocks

49.24%

Mid Cap Stocks

7.63%

Small Cap Stocks

1.05%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services76.34 Cr21.62%
Industrials24.64 Cr6.98%
Energy23.39 Cr6.62%
Consumer Cyclical23.08 Cr6.54%
Technology22.9 Cr6.49%
Healthcare21.25 Cr6.02%
Communication Services13.4 Cr3.79%
Utilities11.71 Cr3.32%
Basic Materials9.24 Cr2.62%
Consumer Defensive2.84 Cr0.81%
Real Estate1.47 Cr0.42%

Risk & Performance Ratios

Standard Deviation

This fund

7.78%

Cat. avg.

7.46%

Lower the better

Sharpe Ratio

This fund

0.88

Cat. avg.

0.95

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.90

Higher the better

Fund Managers

VM

Vikrant Mehta

Since February 2022

VJ

Vishal Jajoo

Since September 2023

Rajesh Bhatia

Rajesh Bhatia

Since September 2023

Additional Scheme Detailsas of 30th April 2024

ISININF00XX01655Expense Ratio2.36%Exit Load1.00%Fund Size₹353 CrAge31 Dec 2019Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty 50 TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Dynamic Asset Allocation Funds

Fund nameExpense RatioExit LoadFund size
1Y
Motilal Oswal Balance Advantage Fund Regular Growth

Very High Risk

2.2%1.0%₹1247.43 Cr27.0%
Motilal Oswal Balance Advantage Fund Direct Growth

Very High Risk

1.0%1.0%₹1247.43 Cr28.5%
Quant Dynamic Asset Allocation Fund Direct Growth

Very High Risk

0.7%1.0%₹1046.84 Cr61.0%
Quant Dynamic Asset Allocation Fund Regular Growth

Very High Risk

2.2%1.0%₹1046.84 Cr58.5%
Bandhan Balanced Advantage Fund Direct Growth

Moderately High risk

0.6%1.0%₹2228.68 Cr20.5%
Bandhan Balanced Advantage Fund Regular Growth

Moderately High risk

1.9%1.0%₹2228.68 Cr18.9%
Mahindra Manulife Balanced Advantage Fund Regular Growth

Very High Risk

2.3%1.0%₹731.33 Cr28.9%
Mahindra Manulife Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹731.33 Cr31.1%
Mirae Asset Balanced Advantage Fund Direct Growth

High Risk

0.7%1.0%₹1570.06 Cr22.3%
Mirae Asset Balanced Advantage Fund Regular Growth

High Risk

2.1%1.0%₹1570.06 Cr20.6%

About the AMC

Total AUM

₹6,817 Cr

Address

Mumbai, 400013

Other Funds by ITI Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
ITI Focused Equity Fund Direct Growth

Very High Risk

0.4%1.0%₹374.57 Cr-
ITI Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹38.22 Cr7.0%
ITI Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹158.44 Cr7.4%
ITI Multi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹1122.52 Cr56.9%
ITI Value Fund Direct Growth

Very High Risk

0.5%1.0%₹218.04 Cr53.6%
ITI Conservative Hybrid Fund Direct Growth

Moderate Risk

0.2%0.0%₹14.80 Cr8.9%
ITI Dynamic Bond Fund Direct Growth

Moderate Risk

0.1%0.0%₹36.88 Cr7.6%
ITI Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹353.06 Cr26.7%
ITI Small Cap Fund Direct Growth

Very High Risk

0.2%1.0%₹1937.79 Cr70.1%
ITI Large Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹296.94 Cr40.7%
ITI Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.1%0.0%₹30.05 Cr7.3%
ITI Banking and Financial Services Fund Direct Growth

Very High Risk

0.4%1.0%₹267.94 Cr18.8%
ITI Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹26.27 Cr8.4%
ITI Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹211.77 Cr6.6%
ITI Mid Cap Fund Direct Growth

Very High Risk

0.4%1.0%₹820.00 Cr72.3%
ITI Long Term Equity Fund Direct Growth

Very High Risk

0.5%0.0%₹325.14 Cr58.0%
ITI Pharma and Healthcare Fund Direct Growth

Very High Risk

0.4%1.0%₹161.86 Cr48.4%
ITI Flexi Cap Fund Direct Growth

Very High Risk

0.4%1.0%₹937.99 Cr52.7%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of ITI Balanced Advantage Fund Regular Growth, as of 17-May-2024, is ₹13.38.
The fund has generated 24.29% over the last 1 year and 11.64% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 54.81% in equities, 10.20% in bonds, and 34.99% in cash and cash equivalents.
The fund managers responsible for ITI Balanced Advantage Fund Regular Growth are:-
  1. Vikrant Mehta
  2. Vishal Jajoo
  3. Rajesh Bhatia