e.g. Tata motors, Reliance MF, 500570

ITI Balanced Advantage Fund - Direct Plan - IDCW-Reinvestment

Hybrid Equity Oriented Moderately High

NAV on (No Data Available)

₹0.00

No Data Available

Fund Size

₹351.17 Crores

1Y Returns

No Data Available%

 

Earn 1% Higher Returns on Direct Funds

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Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.

 

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 long term capital appreciation. However, there can be no assurance that the investment objective of the scheme will be realized.

AMC

ITI Asset Management Limited

Fund Details

Launch Date

December 9, 2019

Fund Manager

Mr. Vasav Sahgal

Initial Price

10

AUM Fund

351.17 Cr

Min investment

Rs 5000

Expense Ratio

0.65%

SIP Minimum Investment

"Daily - Rs. 500/- and in multiples of Re. 1/- thereafter. Minimum 30 Instalments. Weekly - Rs. 500/- and in multiples of Re. 1/- thereafter. Minimum 12 installments.Weekly - Rs. 1000/- and in multiples of Re. 1/- thereafter. Minimum 6 installments.Monthly - Rs. 500/- and in multiples of Re. 1/- thereafter. Minimum 12 installments.Monthly - Rs. 1000/- and in multiples of Re. 1/- thereafter. Minimum 6 installments."

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:0.50% if redeemed or switched out on or before completion of 3 months from the date of allotment of unitsNil, if redeemed or switched out after completion of 3 months from the date of allotment of units."

Address
ITI House 36,Dr. R. K. Shirodkar Marg,Parel Mumbai Maharashtra India 400012
Phone
+91 22 69153500
Fax
+91 22 66214998
Launch Date
December 9, 2019
Custodian
Deutsche Bank AG
Registrar & Transfer Agent
KFIN Technologies Pvt. Ltd.

Frequently Asked Questions

Q: What is the current NAV of ITI Balanced Advantage Fund - Direct Plan - IDCW-Reinvestment?

A: The latest NAV of ITI Balanced Advantage Fund - Direct Plan - IDCW-Reinvestment is ₹ .

Q: What type of mutual fund is ITI Balanced Advantage Fund - Direct Plan - IDCW-Reinvestment?

A: ITI Balanced Advantage Fund - Direct Plan - IDCW-Reinvestment is a 'Hybrid - Equity Oriented' type mutual fund managed by 'ITI Asset Management Limited'.

Q: What is the expense ratio of ITI Balanced Advantage Fund - Direct Plan - IDCW-Reinvestment?

A: The expense ratio of ITI Balanced Advantage Fund - Direct Plan - IDCW-Reinvestment is 0.65%, which impacts overall returns.

Q: Who manages ITI Balanced Advantage Fund - Direct Plan - IDCW-Reinvestment?

A: ITI Balanced Advantage Fund - Direct Plan - IDCW-Reinvestment is managed by Mr. Vasav Sahgal, who oversees investment strategy and portfolio decisions.

Q: Is ITI Balanced Advantage Fund - Direct Plan - IDCW-Reinvestment a good investment?

A: ITI Balanced Advantage Fund - Direct Plan - IDCW-Reinvestment may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.

Q: What is the exit load of ITI Balanced Advantage Fund - Direct Plan - IDCW-Reinvestment?

A: The exit load of ITI Balanced Advantage Fund - Direct Plan - IDCW-Reinvestment is "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:0.50% if redeemed or switched out on or before completion of 3 months from the date of allotment of unitsNil, if redeemed or switched out after completion of 3 months from the date of allotment of units.", applicable if redeemed within the specified period.

Q: How is ITI Balanced Advantage Fund - Direct Plan - IDCW-Reinvestment taxed?

A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.

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