ITI Balanced Advantage Fund vs SBI Balanced Advantage Fund
Balanced Advantage & Dynamic Asset Allocation FundsDetailed head-to-head comparison of ITI Balanced Advantage Fund (ITI Mutual Fund) versus SBI Balanced Advantage Fund (SBI Mutual Fund). Sourced from official AMFI daily NAV disclosures with statutory taxation and SIP compounding schedule.
Key Fund Metrics Comparison
| Parameter | ITI Balanced Advantage Fund | SBI Balanced Advantage Fund |
|---|---|---|
| Asset Management Company (AMC) | ITI Mutual Fund | SBI Mutual Fund |
| Category & Benchmark | Balanced Advantage & Dynamic Asset Allocation Funds NIFTY 50 Hybrid Composite Debt 50:50 Index |
Balanced Advantage & Dynamic Asset Allocation Funds NIFTY 50 Hybrid Composite Debt 50:50 Index |
| Latest NAV (Direct Growth) | Rs 15.9805 As of 05-Oct-2026 |
Rs 16.0906 As of 05-Oct-2026 |
| Growth ISIN (Primary) | INF00XX01689 | INF200KA1Y73 |
| Recommended Horizon | 3 to 5 Years | 3 to 5 Years |
| Budget 2024 LTCG Tax | 12.5% on gains > Rs 1.25 Lakh (Sec 112A) | 12.5% on gains > Rs 1.25 Lakh (Sec 112A) |
| STCG Tax (< 12 Months) | 20% flat (Sec 111A) | 20% flat (Sec 111A) |
| Zero-Commission Platforms | Zerodha Coin, Groww, Angel One | Zerodha Coin, Groww, Angel One |
SIP Wealth Projection (Rs 5,000 / Month)
Hypothetical compounding schedule for systematic investment plans (SIP) in either fund assuming a long-term normalized 12% annual CAGR:
| Tenure | Total Invested Principal | Estimated Wealth @ 12% CAGR | Capital Appreciation |
|---|---|---|---|
| 1 Year | Rs 60,000 | Rs 64,047 | +Rs 4,047 |
| 3 Years | Rs 1,80,000 | Rs 217,538 | +Rs 37,538 |
| 5 Years | Rs 3,00,000 | Rs 412,432 | +Rs 112,432 |
Direct vs Regular Plan Compounding Impact
Both ITI Balanced Advantage Fund and SBI Balanced Advantage Fund offer Direct and Regular plans. Choosing Regular plans deducts up to 1.0% each year from your NAV to pay broker distributor commissions. Over a 15-year SIP of Rs 5,000/month, choosing Direct Plan generates an extra Rs 228,592 directly in your pocket.
Frequently Asked Questions
Which fund is better between ITI Balanced Advantage Fund and SBI Balanced Advantage Fund?
Both ITI Balanced Advantage Fund (managed by ITI Mutual Fund) and SBI Balanced Advantage Fund (managed by SBI Mutual Fund) operate within the Balanced Advantage & Dynamic Asset Allocation Funds category following NIFTY 50 Hybrid Composite Debt 50:50 Index. Selection depends on your risk tolerance: examine portfolio concentration, fund manager tenure, cash allocation, and tracking difference. Always opt for the Direct-Growth plan to eliminate distributor trail commissions.
How much extra corpus do I earn by choosing Direct Plan over Regular Plan?
Direct plans have an expense ratio approximately 0.75% to 1.25% lower than Regular plans because no distributor commission is paid. On a Rs 5,000 monthly SIP running for 15 years at an assumed 12% annual return, choosing the Direct plan creates an estimated extra wealth of Rs 228,592 compared to the Regular plan.
What is the capital gains tax on ITI Balanced Advantage Fund and SBI Balanced Advantage Fund under Budget 2024 rules?
Under Budget 2024 (Section 112A), equity mutual funds held for more than 12 months qualify for Long Term Capital Gains (LTCG) tax at 12.5% on capital gains exceeding the exemption threshold of Rs 1,25,000 per financial year. Units redeemed within 12 months are subject to Short Term Capital Gains (STCG) tax at 20% under Section 111A.
Can I invest in ITI Balanced Advantage Fund and SBI Balanced Advantage Fund with zero brokerage?
Yes. Discount brokers including Zerodha (Coin), Groww, and Angel One provide 100% zero-commission direct mutual fund investments without charging transaction fees or distributor commissions.
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