The fund uses a dynamic asset allocation strategy, that aims to deliver consistent long-term returns in all market conditions. The fund actively manages its allocation towards equity and debt using our research based asset allocation framework.

ITI Balanced Advantage Fund

( An open-ended dynamic asset allocation fund)
Investment 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 a long term capital appreciation. However, there can be no assurance that the investment objective of the scheme will be realized.
Fund Manager: Mr. George Heber Joseph and Mr. Pradeep Gokhale
Benchmark: CRISIL Hybrid 50+50 - Moderate Index

Key Features

All Rounder

The fund is suitable for all age groups, risk profiles and investing types.

Asset Allocation Framework

Allocation based on Valuations, Trend and Volatility

SQL

'S': Margin of Safety, 'Q': Quality of the business and 'L': Low Leverage.

No timing the market

Investors do not need to worry about timing the market

Tax efficient

Tax efficient rebalancing with arbitrage

Safety

Downside protection with reduced drawdown

Investment Strategy

  • Multi Cap approach for equity component.Maximum 3 years maturity papers in debt component. While the gross equity exposure would be maintained between 65%-100% for tax efficiency, the net equity exposure can be brought down significantly below 65% by hedging through equity derivatives. :
  • Allocation between equity and debt is based on a three factor framework - Valuations, Trend and Volatility
  • Valuation factor guides in strategic allocation, Trend & Volatility factors helps in tactical allocations.
  • Above methodology acts as the guiding principle in deciding right asset allocation of equity & debt and also helps in equity allocation across market capitalizations.
Asset Allocation
Instruments Indicative Allocation (% of net assets) Risk Profile
Maximum Minimum Low/Medium/High

Equity & Equity Related Instruments Including Derivatives

100% 65% High
Money Market Instruments (including cash and reverse repo) and debt instruments with residual maturity up to 3 years 35% 0% Low to Medium
Units issued by REITs and InvITs 10% 0% Medium to High
Plans: Direct & Regular Plan

Options: Growth & Dividend (Payout & Reinvestment)

SWP: Monthly & Quarterly. Also available fixed amount of SWP of 0.75% per month.

Minimum application amount: Additional application amount: Rs. 5000- and in multiples of Rs.1/- thereafter
Rs. 1000/- and in multiples of Rs.1/- thereafter
Systematic Investment Plan (SIP):

Minimum amount:
Available. For more information refer to section on
Ongoing Offer Details in the SID
Rs.500/- per installment
Minimum redemption amount:


Rs 1000/- and in multiples of Rs.1/- or account balance whichever is lower. There will be no minimum redemption criterion for Unit based redemption.
Load Structure Entry Load: NA


Entry Load: NA
Exit Load: 0% of the units allotted may be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. Any redemption in excess of such limit in the first 12 months from the date of allotment shall be subject to the following exit load: 1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units.Nil, thereafter.
This product is suitable for investors who are seeking*
  • Capital appreciation while generating income over medium to long term
  • Dynamic Asset allocation between equity,equity related instruments and fixed income instruments so as to provide with long term capital appreciation.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
riskometer
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.