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: 2/5 — ranked #26 of 35 in category.
Fund basics
| Category | Hybrid: Balanced Advantage |
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| NAV | ₹13.98 (as of 2026-10-01) |
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| AUM | ₹354 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 | 0.38 |
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| Standard deviation | 8.08% |
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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 | 50.8% |
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| Mid cap | 23.8% |
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| Small cap | 25.4% |
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Concentration
| Top 5 holdings | 15.8% |
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| Top 10 holdings | 25.9% |
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| Total holdings | 54 |
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Top holdings
- 7.06% Government of India (10/04/2028) — 4.4%
- ICICI Bank Ltd. — 4.2%
- HDFC Bank Ltd. — 3.5%
- Net Receivables / (Payables) — 3.3%
- Reliance Industries Ltd — 3.2%
- 8.13% Power Grid Corporation of India Limited (25/04/2028) — 2.9%
- TREPS 01-Sep-2026 — 2.7%
- 7.48% National Bank For Agriculture and Rural Development (15/09/2028) — 2.6%
- Bajaj Finance Limited — 2.4%
- Mahindra & Mahindra Ltd. — 2.4%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | −5.6% | Q4 (Bottom) | #28 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 |