ITI Balanced Advantage Fund
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.
Growthvine rating: 1/5 — ranked #30 of 37 in category.
Fund basics
| Category | Hybrid: Balanced Advantage |
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| NAV | ₹13.30 (as of 2026-10-23) |
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| AUM | ₹348 Cr |
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| Expense ratio | 2.10% |
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| Riskometer | Very High |
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| Fund manager | Animesh Singh |
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| Exit load | For units in excess of 10% of the investment, 0.5% will be charged for redemption within 3 months |
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Performance & risk
| 5-year annualised return | 5.43% |
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| Sharpe ratio | 0.16 |
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| Standard deviation | 8.22% |
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| Max drawdown | −33.85% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 91.1% of NIFTY 50 Hybrid Composite Debt 50:50 Index's upside and 94.1% of its downside.
Market cap allocation
| Large cap | 43.5% |
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| Mid cap | 19.4% |
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| Small cap | 37.0% |
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Concentration
| Top 5 holdings | 16.6% |
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| Top 10 holdings | 26.8% |
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| Total holdings | 56 |
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Top holdings
- HDFC Bank Ltd. — 4.3%
- Reliance Industries Ltd — 4.3%
- Net Receivable / Payable — 4.2%
- ICICI Bank Ltd. — 3.2%
- 8.13% Power Grid Corporation of India Limited (25/04/2028) — 3.2%
- 7.48% National Bank For Agriculture and Rural Development (15/09/2028) — 2.8%
- Wockhardt Ltd — 2.5%
- 7.53% National Bank For Agriculture and Rural Development (24/03/2028) — 2.5%
- Laurus Labs Limited — 2.4%
- TREPS 01-Oct-2026 — 2.4%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | −10.2% | Q4 (Bottom) | #35 of 35 |
| 2025 | 4.4% | Q3 | #24 of 34 |
| 2024 | 13.5% | Q2 | #12 of 30 |
| 2023 | 17.1% | Q3 | #16 of 26 |
| 2022 | −3.1% | Q4 (Bottom) | #21 of 21 |