The Bianconeri join Real Madrid, Galatasaray and Copenhagen in Group B and Conte feels his side have a good chance of proceeding to the knockout stages by coming out on top.
|14/1||Juventus are 14/1 with BetVictor to win the Champions League
"We're realistic, but we won't place limits on how far we can go.
"The added year of experience could be fundamental. In the Champions League groups you only have six games and it's difficult to recover after any slip-ups.
"What won't change is the team's philosophy. I'm convinced everyone will give me the responses I'm looking for.
"On paper you would say that Juventus and Galatasaray will battle it out for second place, yet Copenhagen could cause an upset."
And Conte believes that Madrid, fresh from splashing out €100 million (£85m) on Gareth Bale, are rightly being strongly-tipped to wrestle the trophy from Bayern Munich.
"It's a fascinating group. Real Madrid are chasing their 10th Champions League title and have spent a lot of money. They're favourites."
Juventus will play their first Champions League match of the season on September 17 against Copenhagen.