Fundalysisby DARKHORSESTOCKS

Scheme

ITI Balanced Advantage Fund

Holds 55 companies worth ₹238 Cr in Sept 2026.

  • Fund house

    ITIThe fund house that runs this scheme.

  • AUM

    ₹320 CrITI Balanced Advantage Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 8.1% on Aug 2026, ₹348 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 4.3% of this scheme's NAV.

  • Fund manager

    Laukik BagweRuns it since 1 Feb 2025, as the fund house dates it. With Nilay Dalal (fund manager), Animesh Singh (fund manager).

Overview(7 Oct 2026)

Fund managers3

  1. Laukik BagweFund manager, debt · Feb 2025 · 26y · PGDM B.Com
  2. Nilay DalalFund manager · May 2026 · 14y · MBA
  3. Animesh SinghFund manager · May 2026 · 23y · CFA PGDM
  1. Rajesh BhatiaSept 2023 – May 2026
  2. Vasav SahgalFeb 2025 – May 2026
  3. Rohan KordeNov 2024 – Apr 2026

Key facts

Benchmark
Nifty 50 Hybrid Composite Debt 50:50 Index
Risk
Very High
Expense
Regular 3.24% · Direct 1.59%
Exit load
10% of the units allotted may be redeemed without any exit load, on or before completion of 3 months from the date of allotment of units. Any redemption in excess of such limit in the first 3 months from the date of allotment shall be subject to the following exit load: i. 0.50% if redeemed or switchedout on or before completion of 3 months from the date of allotment of units ii. Nil, if redeemed or switched out after complep from the date of allotment of units.
Started
31 Dec 2019
Minimum
₹5,000

Source.Its Scheme Summary Document as of 7 Oct 2026 at AMFI.

What changed(14 changes)

Aug 2026

1 change
  1. Expense ratio
    30 AugRegular 3.26% → 3.25%Direct 1.61% → 1.6%

Jul 2026

1 change
  1. Expense ratio
    30 JulRegular 3.25% → 3.26%Direct 1.6% → 1.61%

Jun 2026

1 change
  1. Expense ratio
    29 JunRegular 2.41% → 3.25%Direct 0.76% → 1.6%

Source.Its filings at NSE, since Jul 2025.

Fund managers over time(Sept 2023 – now)

  1. Laukik Bagwe
  2. Nilay Dalal
  3. Animesh Singh
  4. Rajesh Bhatia
  5. Vasav Sahgal
  6. Rohan Korde
MainCoSlice202420252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Jul 2025 – Oct 2026)

Every change to the expense ratio, newest first.
7 changesRegularDirectΔ pt
30 Aug 20263.25%1.60%0.01
30 Jul 20263.26%1.61%0.01
29 Jun 20263.25%1.60%0.84
30 May 20262.41%0.76%0.01
30 Mar 20262.42%0.75%0.10
30 Jan 20262.39%0.65%0.02
31 Jul 20252.37%0.63%–
Direct plan, 30 Aug 2026
1.60%
Regular plan 3.25% · Exit load 10% of the units allotted may be redeemed without any exit load, on or before completion of 3 months from the date of allotment of units. Any redemption in excess of such limit in the first 3 months from the date of allotment shall be subject to the following exit load: i. 0.50% if redeemed or switchedout on or before completion of 3 months from the date of allotment of units ii. Nil, if redeemed or switched out after complep from the date of allotment of units.
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(7 Oct 2026)

Objective

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.

Risk, type and benchmark

Riskometer
Very High
At launch
Moderately High
Type
An open ended dynamic asset allocation fund investing in debt and equity instruments only
Benchmark
Nifty 50 Hybrid Composite Debt 50:50 Index

Asset allocation it may hold% of NAV

  1. Equity, Units Issued by REITs & Equity related instruments including derivatives
    Allowed65–100%
  2. Money market instruments(including cash and reverse repo) and debt instruments with residual maturity up to 3 years
    Allowed0–35%Holds25.6%
  3. Units issued by InvITs
    Allowed0–10%Holds0.0%

Holds in Sept 2026.74.4% equity · 25.6% debt and cash

How to invest(7 Oct 2026)

Buying

To start
₹5,000, then in multiples of ₹1
To add
₹1,000, then in multiples of ₹1
Systematic
SIP-Daily/Weekly/Monthly, STP- Daily/Weekly/Monthly/Quarterly, SWP- Monthly/ Quarterly
Dates
SIP-Daily (Every Business Day), Weekly (Any Day from Monday to Friday),Monthly (Every Business Day), STP- Daily (Every Business Day), Weekly (Any Day from Monday to Friday),Quarterly (1st or 7th or 14th or 21st or 28th of last month of every quarter), Monthly (1,7,14,21 or 28th of the month), SWP-Monthly and Quarterly (1,7,14,21 or 28th of every month/month of every quarter)
Minimum
SIP-Daily: Rs. 500/-/ Weekly and Monthly:Rs. 500/- or Rs. 1000/-, STP- Rs. 500/-, SWP- Rs. 1000/-, then sIP-1, STP-1, SWP-1
Instalments
SIP-Daily- 30 ; Weekly/Monthly -12 or 6, STP-Daily-30; Weekly /Monthly/Quarterly -2, SWP- Monthly/Quarterly-2
Most
Nil

Selling and switching

To redeem
₹1,000
Switch minimum
₹5,000
Switch multiples
₹1

Scheme details(7 Oct 2026)

What it is

Category
Dynamic Asset Allocation / Balanced Advantage Fund
Offer
9 Dec 2019 to 23 Dec 2019
Started
31 Dec 2019
Reopened
3 Jan 2020
Plans
Regular Plan- Growth Option · Regular Plan- Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of IDCW option) · Regular Plan- IDCW Option (with Reinvestment of IDCW option) · Direct Plan- Growth Option · Direct Plan- IDCW Option (with Payout of IDCW option) · Direct Plan- IDCW Option (with Reinvestment of IDCW option)
Face value
Rs.10/- each
Listed
No

How it is run

Swing pricing
No
Side-pocketing
No
Custodian
Deutsche Bank A.G.
Auditor
S. R. Batliboi & Co. LLP
Registrar
KFin Technologies Limited
SEBI code
ITIM/O/H/BAF/19/11/0006