Click here for top ranked funds in dynamic asset allocation or balanced advantage mutual funds.
However, Scripbox does not recommend investing in dynamic asset allocation or balanced advantage mutual funds.
Dynamic Asset Allocation funds change their exposure to debt and equity dynamically - taking a call on market valuation & conditions.
This makes their performance difficult to assess.
With a high Equity component, the impact of market fluctuations on these funds is high.It is better for investors to make the allocation to equity & debt themselves and choose the right funds in each asset class.
No single fund can achieve what a plan can. Learn why
Scheme Information
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.
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
ITI Asset Management Limited manages assets worth 1,073 crores and was set up on 10 January 2008. It's current offering of mutual fund schemes includes 8 equity,18 debt and 6 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Category View
We check if the sub-category of the fund is recommended by us.
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Equity Funds
Debt Funds
How to invest in Scripbox Mutual Funds?
Investing through Scripbox is made easy and paperless. All you need to do is follow the below steps and start investing.
Choose a plan
Choose a plan to invest to start investing
Create an Account
Create an account with Scripbox through a paperless process, to invest in this fund
Invest online & transfer
Invest via netbanking, UPI or through an SIP (eNACH mandate).
Track your investments
Track, invest more and withdraw your investments through the Scripbox dashboard
The Scripbox Promise
Scripbox has helped over 2500 people become millionaires in the last 7 years
You'll never have to worry about what funds to choose. We'll suggest what's best for you.
Continuous monitoring & alerts
We will track our recommendations and suggest changes & fund exists whenever required.
All week call assistance
Our customer champions are available 7 days a week from 8AM to 8PM.
Annual reviews & rebalances
We review your investments and make course corrections every year to make the best out of your investments
About ITI Balanced Advantage Fund (DP-A)
About ITI Balanced Advantage Fund (DP-A)
ITI Balanced Advantage Fund (DP-A) is a dynamic asset allocation or balanced advantage hybrid fund and has delivered an annualised return of -4.9% over a period of 2 years ..The fund is managed by ITI Asset Management Limited.The fund managers are George Joesph, Pradeep Gokhale, Rohan Korde
ITI Balanced Advantage Fund (DP-A) 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. However, there is no assurance that the objective of the scheme will be realized.
ITI Balanced Advantage Fund (DP-A) NAV,AUM,Risk
The ITI Balanced Advantage Fund (DP-A) fund was launched on Dec 31, 2019. The NAV (Net Asset Value) of this dynamic asset allocation or balanced advantage hybrid as of 2021-03-05 is ₹ 9.4304. The total AUM (Asset Under Management) of the fund as of 2021-03-06 is ₹ 196.894. The category risk of the ITI Balanced Advantage Fund (DP-A) fund is Low to Moderate Risk.
The fund charges 2.43 % as expense ratio.
ITI Balanced Advantage Fund (DP-A) Holdings
The fund’s highest allocation is towards others and has invested 47.4% in this asset class. The top three holdings of the fund are national bank for agriculture and rural development 6.4%,national housing bank 5.32% and future on tata motors ltd
ITI Balanced Advantage Fund (DP-A) SIP
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
ITI Balanced Advantage Fund (DP-A) Investment volatility and Horizon
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to Nifty 50 Hybrid Comp Debt 50:50 PR INR
ITI Balanced Advantage Fund (DP-A) Review
ITI Balanced Advantage Fund (DP-A) has a score of 1 on a scale of 5. The fund scores 1 out of 5 based on historical performance. As compared to the other funds in its category, ITI Balanced Advantage Fund (DP-A) has a score of 3 out of 5.
Scipbox has rated this fund 1 out of 5 based on consistency of performance over various years / tenures.
