ITI Balanced Advantage Fund

ITI Balanced Advantage Fund is a hybrid fund. This fund was started on 31 December, 2019. The fund is managed by Nilay Dalal, Laukik Bagwe, Animesh Singh. This fund gives you the benefit of diversification.

1. ITI Balanced Advantage Fund has ₹351 Cr worth of assets under management (AUM) as on Jun 2026 and is more than category average.
2. The fund has an expense ratio 0.8.
   

ITI Balanced Advantage Fund has given a CAGR return of 7.72% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 1.34%, 10.87% and 9.16% respectively.

ITI Balanced Advantage Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Basic Materials, Corporate, Health, Energy, Industrial, Consumer Cyclical, Tech, Communication, Consumer Defensive, Utilities.

As it is a dynamic asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The investment objective of the Scheme is to seek 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. However, there can be no assurance that the investment objective of the scheme will be realized.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. ITI Balanced Advantage Fund has no lock in period.