ITI MF

CATEGORY OF SCHEME	Balanced Advantage
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.
Inception Date (Date of Allotment):	31-Dec-19
Benchmark:	Nifty 50 Hybrid Composite Debt 50:50 Index
Minimum Application Amount:	Rs.5,000/- and in multiples of Rs. 1/- thereafter
Load Structure:	Entry Load: Nil 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 switched out on or before completion of 3 months from the date of allotment of units ii. Nil, if redeemed or switched out after completion of 3 months from the date of allotment of units.
Total Expense Ratio (TER):*	Including Additional Expenses and Goods and Service Tax on Management Fees Regular Plan: 2.37% Direct Plan: 0.63%
Fund Manager	Mr. Rajesh Bhatia (Since 15-Sep-23) Total Experience: 31 years Mr. Rohan Korde (Since 14-Nov-24) Total experience: 17 years Mr. Laukik Bagwe (Since 01-Feb-25) Total experience: 25 years Mr. Vasav Sahgal (Since 17-Feb-25) Total experience: 7 years

AUM (in Rs. Cr):	399.17
AAUM (in Rs. Cr):	399.16
% of top 5 holdings:	26.08%
% of top 10 holdings:	40.61%
No. of scrips:	39

Average Maturity:	0.42 Years
Macaulay Duration:	0.39 Years
Modified Duration:	0.37 Years
Yield To Maturity (Regular & Direct) Plans :	5.40%

Standard Deviation^:	8.36%
Beta^:	1.21
*Sharpe Ratio^:**	0.64
Average P/B	4.33
Average P/E	28.63
Portfolio Turnover Ratio	4.88
^^Computed for the 3-yr period ended November 30, 2025. Based on monthly return. *Risk free rate: 5.59 (Source: FIMMDA MIBOR)

	Regular Plan (in Rs.)	Direct Plan (in Rs.)
Growth:	14.8001	16.6187
IDCW:	12.7210	14.4982

Name of the Instrument	% to NAV	% to NAV Derivatives
Equity & Equity Related Total	64.57	9.03
Automobile and Auto Components	2.37
Mahindra & Mahindra Limited	2.37
Capital Goods	4.49	-0.73
Garware Hi-Tech Films Limited	2.56
ABB India Limited	0.73	-0.73
Cummins India Limited	0.67
Cochin Shipyard Limited	0.52
Construction	1.48
Larsen & Toubro Limited	1.48
Construction Materials	0.99
UltraTech Cement Limited	0.99
Consumer Durables	2.61
Dixon Technologies (India) Limited	1.41
Amber Enterprises India Limited	1.20
Consumer Services	4.38	1.01
Swiggy Limited	2.23
Eternal Limited	2.15	1.01
Fast Moving Consumer Goods	0.51
Tata Consumer Products Limited	0.51
Financial Services	22.35	6.98
Shriram Finance Limited	5.23
HDFC Bank Limited	4.37
Bajaj Finance Limited	2.31
State Bank of India	2.09
ICICI Bank Limited	2.02
PB Fintech Limited	1.38
One 97 Communications Limited	1.19	1.64
Axis Bank Limited	1.09	1.63
SBI Life Insurance Company Limited	1.07
ICICI Lombard General Insurance Company Limited	1.00
DAM Capital Advisors Limited	0.59
AU Small Finance Bank Limited		2.21
Kotak Mahindra Bank Limited		1.50
Healthcare	4.23
Laurus Labs Limited	2.06
Wockhardt Limited	1.64
Apollo Hospitals Enterprise Limited	0.53
Information Technology	6.94	0.30
Infosys Limited	3.15
Tata Consultancy Services Limited	1.53	-1.54
Sagility Limited	1.32
HCL Technologies Limited	0.94
LTIMindtree Limited		1.84
Metals & Mining	2.03
Vedanta Limited	2.03
Oil Gas & Consumable Fuels	6.52
Reliance Industries Limited	6.52
Power	1.33
NTPC Limited	0.86
Power Grid Corporation of India Limited	0.47
Realty		1.46
Godrej Properties Limited		1.46
Telecommunication	4.34
Bharti Airtel Limited	4.34

Name of the Instrument	Ratings	% to NAV

Corporate Bond		16.57
National Bank For Agriculture and Rural Development	CRISIL AAA / ICRA AAA	5.61
Power Grid Corporation of India Limited	CRISIL AAA	2.59
Small Industries Dev Bank of India	CRISIL AAA	1.91
Power Finance Corporation Limited	CRISIL AAA	1.89
REC Limited	CRISIL AAA	1.78
NTPC Limited	CRISIL AAA	0.63
HDB Financial Services Limited	CRISIL AAA	0.63
Nuclear Power Corporation Of India Limited	CRISIL AAA	0.52
National Housing Bank	CRISIL AAA	0.51
Indian Railway Finance Corporation Limited	CRISIL AAA	0.51
Government Bond		3.86
7.06% GOI (MD 10/04/2028)	SOVEREIGN	3.86
Short Term Debt & Net Current Assets		5.96

Top Ten Holdings

					Value of Investment of 10,000
Period	Fund Returns (%)	Benchmark Returns (%)	Additional Benchmark Returns (%)	Fund ()	Benchmark ()	Additional Benchmark ()
Regular - Growth
Last 1 Year	4.00%	8.39%	9.97%	10,399	10,837	10,994
Last 3 Years	10.99%	10.40%	13.10%	13,668	13,452	14,461
Last 5 Years	10.99%	11.23%	16.46%	16,855	17,034	21,446
Since Inception	6.85%	11.53%	15.20%	14,800	19,069	23,098
Direct - Growth
Last 1 Year	5.83%	8.39%	9.97%	10,582	10,837	10,994
Last 3 Years	12.99%	10.40%	13.10%	14,422	13,452	14,461
Last 5 Years	13.16%	11.23%	16.46%	18,566	17,034	21,446
Since Inception	8.97%	11.53%	15.20%	16,619	19,069	23,098

Past performance may or may not be sustained in future and is not a guarantee of any future returns, and should not be used as a basis of comparison with other investments. In case, the start / end date of the concerned period is a non-business date (NBD), the NAV of the previous date is considered for computation of returns. Different Plans i.e. Regular Plan and Direct Plan under the scheme have different expense structure. Benchmark: Nifty 50 Hybrid Composite Debt 50:50 Index Additional Benchmark: Nifty 50 TRI. Fund Managers: Mr. Rajesh Bhatia (Managing since 15-Sep-23) and Mr. Rohan Korde (Managing since 04-Nov-24), Mr. Laukik Bagwe (Since 01-Feb-25) and Mr. Vasav Sahgal (Since 17-Feb-25) Inception date of the scheme (31-Dec-19). Face Value per unit: Rs. 10. ITI Balanced Advantage Fund NAV as on November 28, 2025: Rs. 14.8001 (Regular Growth Option), Rs. 16.6187 (Direct Growth Option)

Period	Amount Invested	Fund Returns (%)	Benchmark Returns (%)	Additional Benchmark Returns (%)	Fund Value ()	Benchmark Value ()	Additional Benchmark Value ()
Regular - Growth
Last 1 Year	1,20,000	8.93%	11.19%	17.34%	1,25,626	1,27,027	1,30,795
Last 3 Year	3,60,000	10.27%	10.78%	14.21%	4,19,726	4,22,847	4,44,280
Last 5 Year	6,00,000	9.95%	10.52%	14.08%	7,70,148	7,81,188	8,53,018
Since Inception	7,20,000	9.91%	11.34%	15.95%	9,71,840	10,14,527	11,65,418
Direct - Growth
Last 1 Year	1,20,000	10.84%	11.19%	17.34%	1,26,808	1,27,027	1,30,795
Last 3 Year	3,60,000	12.26%	10.78%	14.21%	4,31,995	4,22,847	4,44,280
Last 5 Year	6,00,000	12.00%	10.52%	14.08%	8,10,280	7,81,188	8,53,018
Since Inception	7,20,000	11.99%	11.34%	15.95%	10,34,708	10,14,527	11,65,418

Past performance may or may not be sustained in future and is not a guarantee of any future returns, and should not be used as a basis of comparison with other investments. Different Plans i.e. Regular Plan and Direct Plan under the scheme have different expense structure. Benchmark: Nifty 50 Hybrid Composite Debt 50:50 IndexAdditional Benchmark: Nifty 50 TRI. Additional Benchmark: Nifty 50 Hybrid Composite Debt 50:50 Index. For SIP returns, monthly investment of Rs.10,000 invested on the 1st business day of every month has been considered. CAGR Returns (%) are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return).
Disclaimer - Fund SIP Performance
The performance details provided herein are of Growth option under Direct and Regular Plans. The Fund(s) offer Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would have grown if you had invested say Rs. 10,000 systematically on the first Business Day of every month over a period of time in the Growth Option of respective scheme. The returns are calculated by XIRR approach assuming investment of 10,000/- on the 1st working day of every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows with correct allowance for the time impact of the transactions.

Record Date	Plan(s) Option(s)	Individuals/ HUF (IDCW) (Rs per unit)	Others (IDCW) (Rs per unit)	Cum-IDCW NAV (Rs per unit)
26-08-2025	Regular Plan - IDCW Option	0.02	0.02	12.39
26-08-2025	Direct Plan - IDCW Option	0.02	0.02	14.04
12-09-2025	Regular Plan - IDCW Option	0.06	0.06	12.71
12-09-2025	Direct Plan - IDCW Option	0.06	0.06	14.41
14-10-2025	Regular Plan - IDCW Option	0.06	0.06	12.65
14-10-2025	Direct Plan - IDCW Option	0.06	0.06	14.38

Pursuant to payment of IDCW, the NAV of the IDCW Option(s) of the Scheme/Plan(s) falls to the extent of payout and statutory levy, if any. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. For complete list of IDCW, visit www.itiamc.com.

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 of the Scheme

Riskometer of the Primary Benchmark Nifty 50 Hybrid Composite Debt 50:50 Index

ITI Balanced Advantage Fund

Scheme Details

Portfolio Details

Debt Attributions For Fixed Income Portion

Risk Ratio

NAV as on November 28, 2025

Portfolio

Equity Portion vs Index Overweight / Underweight

Portfolio Classification by Net Assets (%)

Portfolio Allocation of other asset class (%)

Market Capitalisation (% of allocation)

Fund Performance

SIP

IDCW History

Risk-o-Meter