NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹14.65
0.40%
NAV as on 16 Feb 26, 12:00 AM
moderately high risk
dynamic asset allocation
hybrid (nc)
NAV as on 16 Feb 26, 12:00 AM
moderately high risk
dynamic asset allocation
hybrid (nc)
7.45%p.a.
Last 1Y
11.09%p.a.
Last 3Y
9.13%p.a.
Last 5Y
6.42%p.a.
Since Inception
About ITI Balanced Advantage Fund - Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the ITI Balanced Advantage Fund - Growth scheme from ITI Asset Management Limited. It is a Dynamic Asset Allocation mutual fund scheme that predominantly invests in Dynamic Asset Allocation stocks of companies. Launched on Dec 2019, ITI Balanced Advantage Fund - Growth is Dynamic Asset Allocation fund of its category with 381.39 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Dynamic Asset Allocation funds.
- ITI Balanced Advantage Fund - Growth delivered 7.5% annual returns during the last year. It has delivered 6.4% average annual returns since the fund was launched.
- ITI Balanced Advantage Fund - Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in hybrid (nc)
Fund 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.
Top 10 Holdings
Net Receivables
7.84%
Cash Margin
4.70%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR VII 7.47 BD 25NV25 FVRS10LAC
1.26%
GOVERNMENT OF INDIA 32829 GOI 10AP28 7.06 FV RS 100
4.03%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR IV 7.79 BD 19AP27 FVRS1LAC
1.98%
NATIONAL HOUSING BANK 7.59 BD 08SP27 FVRS1LAC
0.53%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25E 7.53 BD 24MR28 FVRS1LAC
2.11%
GOVERNMENT OF INDIA 35708 091 DAYS TBILL 12JU25 FV RS 100
0.51%
Siemens Energy India Ltd
1.07%
Aegis Vopak Terminals Ltd.
0.92%
Fund Managers
- Vasav Sahgal (Feb 2025 - Present)
- Rajesh Bhatia (Sep 2023 - Present)
- Rohan Korde (Nov 2024 - Present)
- Laukik Bagwe (Feb 2025 - Present)
Key Information
View Scheme Document
ITI Balanced Advantage Fund - Growth SIP Calculator
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NRI Mutual Fund Tax on ITI Balanced Advantage Fund - Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in ITI Balanced Advantage Fund - Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in ITI Balanced Advantage Fund - Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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Frequently Asked Questions
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