February 13, 2025
mayank
ITI Balanced Advantage Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 15.1521
NAV IDCW: Rs 13.7255
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.
These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.
Like for all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy:
The Scheme seeks capital appreciation by investing in equity and equity related securities and fixed income instruments. The allocation between equity instruments and fixed income will be managed dynamically so as to provide investors with long term capital appreciation.
Fund Manager:
1) Laukik Bagwe
Education: Mr. Bagwe is a B.Com (H) and PGDBA (Finance)
Experience: Prior to joining ITI Mutual fund he has worked with DSP Mutual Fund, Derivium Capital and Securities Pvt. Ltd. and with Birla Sun Life Securities Ltd.
2) Rohan Korde
Education: Mr. Korde is a Masters in Management Studies (Finance), Bachelor of Commerce
Experience: Prior to joining ITI Mutual Fund, he has worked with BOB Capital Markets as Vice President
3) Rajesh Bhatia
Education: Mr. Bhatia has done B.Com, ACMA and CFA
Experience: Prior to joining ITI Mutual Fund, he was associated with The Investment Trust Of India Ltd, Simto Investment Company Ltd, ProAlpha Systematic Capital, Heritage India Advisors Ltd and Reliance Capital Asset Management Ltd
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption within 90 days |
Basic Details of ITI Balanced Advantage Fund
| Fund House | ITI Mutual Fund |
| Launch Date | 31-Dec-19 |
| Return Since Launch | 8.45% |
| Benchmark | NIFTY 50 Hybrid Composite debt 50:50 Index |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 378 Cr |
| (As on 31-Jan-2025) | |
| Expense | 0.63% |
| (As on 31-Jan-2025) | |
| Risk Grade | Above Average |
| Return Grade | Below Average |
| Turnover | 693.00% |
Trailing Returns (%) of ITI Balanced Advantage Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ITI Balanced Advantage Dir | -3.36 | 0.31 | -1.82 | -1.83 | -0.49 | 7.29 | 9.82 | 8.12 | — | — |
| VR Dynamic Asset TRI | -4.34 | -0.11 | -2.60 | -4.04 | -5.46 | 7.10 | 10.69 | 12.88 | — | — |
| Hybrid: Dynamic Asset Allocation | -3.71 | -0.11 | -2.39 | -2.90 | -2.97 | 8.49 | 11.59 | 12.52 | — | — |
| Rank within category | 19 | 1 | 14 | 13 | 7 | 25 | 22 | 22 | — | — |
| Number of funds in category | 38 | 38 | 38 | 38 | 38 | 35 | 28 | 23 | 15 | 11 |
Peer Comparison of ITI Balanced Advantage Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| ITI Balanced Advantage Dir | 2 star | 7.29 | 9.82 | 8.12 | 0.63 | 378 | 8.45 | 1.00 (90) | 5Y 1M | 693.00 |
| HDFC Balanced Advantage Dir | 5 star | 9.53 | 19.47 | 19.81 | 0.78 | 94,251 | 15.60 | 1.00 (365) | 12Y 1M | 21.79 |
| ICICI Pru Balanced Advantage Dir | 4 star | 10.22 | 12.11 | 12.88 | 0.92 | 60,347 | 12.97 | 1.00 (365) | 12Y 1M | 32.00 |
| SBI Balanced Advantage Dir | 4 star | 9.27 | 13.32 | — | 0.69 | 33,309 | 12.30 | 1.00 (365) | 3Y 5M | 14.00 |
| Tata Balanced Advantage Dir | 4 star | 7.10 | 11.42 | 13.83 | 0.43 | 10,109 | 13.30 | 1.00 (90) | 6Y | 29.04 |
Portfolio Analysis of ITI Balanced Advantage Fund
| No. of Stocks | 42 |
| Top 10 Holdings | 35.15% |
| Top 5 Stocks | 22.76% |
| Top 3 Sectors | 25.85% |
| Portfolio P/B Ratio | 3.89 |
| Portfolio P/E Ratio | 26.69 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 3,46,418 | 2,29,568 |
| Giant (%) | 79.36 | 60.35 |
| Large (%) | 11.75 | 20.02 |
| Mid (%) | 3.66 | 14.82 |
| Small (%) | 5.23 | 4.93 |
| Tiny (%) | — | 0.15 |
| Fund | Category | |
| Number of Securities | 62 | 124 |
| Macaulay Duration (yrs) | 0.04 | 3.48 |
| Average Maturity (yrs) | 0.04 | 5.87 |
| Yield to Maturity (%) | 6.46 | 7.23 |
| Avg Credit Rating | GOI/Cash | — |
Chanakya’s Mutual Fund Guidance For ITI Balanced Advantage Fund
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