Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
ITI Balanced Advantage Fund - Direct Plan - Growth Option
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 3/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 55/100 · Average
How this score is calculated
- Star rating (35%)3/5
- 3Y CAGR (30%)10.06%
- Expense ratio (20%)1.6%
- AUM (15%)₹354 Cr
Not investment advice — an analytical read of public fund data. Methodology →
ITI Mutual Fund · Hybrid · Dynamic Asset Allocation
₹16.47
AUM: ₹353 Cr
NAV updated 23 days ago
Plan
Direct
Option
Growth
Risk
High
Expense Ratio
1.6%
Exit Load
Exit Load for units in excess of 10% of the investment,0.50% will be charged for redemption within 3 months.
Fund Manager
Pradeep Gokhale
Inception
Dec 2019
Benchmark
NIFTY 50 Hybrid Composite Debt 50:50 Index
Sharpe Ratio
-0.43
Std Dev (1Y)
8.18%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-0.04%
3m
+3.96%
6m
+3.34%
1y
+2.31%
3y
+10.06%
5y
+8.69%
10y
—
since inception
+7.67%
TopFund's Take on ITI Balanced Advantage Fund - Direct Plan - Growth Option
ITI Balanced Advantage Fund - Direct Plan - Growth Option sits in the middle of the pack for Dynamic Asset Allocation funds, currently carrying a 3-star rating. It has delivered steady, if unspectacular, returns over a full market cycle. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 55/100.
Cost: At 1.6%, the expense ratio runs 67% above the Dynamic Asset Allocation category average of 0.96%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.43 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 8.18% is on the lower side for a Dynamic Asset Allocation fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Hybrid fund. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about ITI Balanced Advantage Fund - Direct Plan - Growth Option
The current NAV (Net Asset Value) of ITI Balanced Advantage Fund - Direct Plan - Growth Option is ₹16.47. NAV is updated every business day after market close by AMFI.
1Y: 2.31% · 3Y CAGR: 10.06% · 5Y CAGR: 8.69%
The expense ratio of ITI Balanced Advantage Fund - Direct Plan - Growth Option is 1.6% per annum. This is the annual fee charged by the fund to manage your investment.
ITI Balanced Advantage Fund - Direct Plan - Growth Option is managed by Pradeep Gokhale at ITI Mutual Fund.
ITI Balanced Advantage Fund - Direct Plan - Growth Option is classified as a High risk fund. It is suitable for investors with a long-term horizon of 3+ years.
ITI Balanced Advantage Fund - Direct Plan - Growth Option is a Dynamic Asset Allocation fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in ITI Balanced Advantage Fund - Direct Plan - Growth Option with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of ITI Balanced Advantage Fund - Direct Plan - Growth Option is ₹354 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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