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 #25 of 35 in category.
Fund basics
| Category | Hybrid: Balanced Advantage |
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| NAV | ₹14.54 (as of 2026-08-21) |
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| AUM | ₹355 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 | 7.36% |
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| Sharpe ratio | 0.31 |
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| Standard deviation | 8.11% |
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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 98.8% of NIFTY 50 Hybrid Composite Debt 50:50 Index's upside and 100.5% of its downside.
Market cap allocation
| Large cap | 53.1% |
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| Mid cap | 16.7% |
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| Small cap | 30.2% |
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Concentration
| Top 5 holdings | 18.3% |
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| Top 10 holdings | 31.4% |
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| Total holdings | 52 |
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Top holdings
- Net Receivable / Payable — 9.3%
- TREPS 03-Aug-2026 — 7.4%
- 7.06% Government of India (10/04/2028) — 4.3%
- ICICI Bank Ltd. — 4.1%
- Bajaj Finance Limited — 3.8%
- HDFC Bank Ltd. — 3.7%
- Shriram Finance Limited — 3.5%
- Reliance Industries Ltd — 3.3%
- Wockhardt Ltd — 2.9%
- 8.13% Power Grid Corporation of India Limited (25/04/2028) — 2.9%
Top sectors
- Banking & Financial — 18.8%
- Finance & Investments — 11.6%
- Pharma & Biotech — 6.8%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | -1.9% | Q4 (Bottom) | #30 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 |