ITI ELSS Tax Saver Fund Direct Growth
NAV as on 11-04-2025
₹ 23.79
▲2.4%
1D
Inception Returns
17.1%
/yr
Historical NAV & Returns
Absolute
▲
▼
429 people have invested ₹ 15.8L in ITI ELSS Tax Saver Fund Direct Growth in the last three months
About ITI ELSS Tax Saver Fund Direct Growth
ITI ELSS Tax Saver Fund Direct Growth is an equity fund. This fund was started on 18 October, 2019. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- ITI ELSS Tax Saver Fund Direct Growth has ₹378 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.6.
Returns
ITI ELSS Tax Saver Fund Direct Growth has given a CAGR return of 17.13% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 0.02%, 18.47% and 24.39% respectively.
Holdings
ITI ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Basic Materials, Tech, Consumer Cyclical, Utilities, Real Estate, Consumer Defensive, Communication, Health, Energy. Its top holdings are HDFC Bank Ltd, InterGlobe Aviation Ltd, Axis Bank Ltd, Aditya Birla Real Estate Ltd, Cholamandalam Investment and Finance Co Ltd
Taxation
As it is a elss (tax savings) mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of ITI ELSS Tax Saver Fund Direct Growth
To provide long-term capital appreciation by investing predominantly in equity and equity related securities. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for ITI ELSS Tax Saver Fund Direct Growth of 3 Years
ITI ELSS Tax Saver Fund Direct Growth Overview
| Expense ratio | 0.57% |
Benchmark | Nifty 500 TR INR |
| AUM | ₹378 Cr |
| Inception Date | 18 October, 2019 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 169.2% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
INDmoney Rank for ITI ELSS Tax Saver Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Trailing Returns
as on (11-Apr-25)
Fund Distribution
as on (31-Mar-25)
Large cap
44.4%
Small cap
42.6%
Mid cap
7.7%
Sector Allocation
Financial Services
30.3%
Industrial
20.5%
Basic Materials
10%
Consumer Cyclical
9.6%
Tech
9.5%
Utilities
6.4%
Real Estate
4.5%
Consumer Defensive
3.1%
Communication
2.8%
Health
2.4%
Energy
0.9%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 8.33% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund outperformed Nifty 500 by 1.08% in Mar'25
- AUM of the fund stands at 343.3 Cr as of Feb'25
- AUM decreased by 30.9 Cr between Feb'25 and Jan'25
Mid Cap allocation has gone down from 9.1% to 8.2%
Large Cap allocation has gone up from 43.4% to 44.7%
Small Cap allocation has gone down from 44.6% to 44.4%
Cash allocation has gone down from 1.7% to 1%
Top 3 Sectors in February were Financial Services, Industrial & Consumer Cyclical
Feb'25
Financial Services
30%
Industrial
20%
Basic Materials
10%
Jan'25
Financial Services
26%
Industrial
21%
Consumer Cyclical
12%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 6.74% | 0% | |
 InterGlobe Aviation Ltd | 3.96% | 0% | |
 Axis Bank Ltd | 3.29% | 0% | |
 Aditya Birla Real Estate Ltd | 3.28% | 0% | |
 Cholamandalam Investment and Finance Co Ltd | 3.1% | 0% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
ITI ELSS Tax Saver Fund Direct Growth | 0.02% | 18.47% | 24.39% | 17.13% |
 DSP ELSS Tax Saver Fund Direct Plan Growth | 10.14% | 16.88% | 27.78% | 17.73% |
 SBI Long Term Equity Fund Direct Growth | 3.28% | 21.44% | 29.47% | 16.2% |
 Mirae Asset ELSS Tax Saver Fund -Direct Plan-Growth | 1.96% | 12.3% | 25.64% | 18.55% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 Interglobe Aviation Ltd | 8.9% |
 Adani Energy Solutions Ltd | 8.1% |
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Fund House
ITI Asset Management Limited
Total Schemes
Total AUM
₹8.64K Cr
as on 31-Mar-2025
Address
Naman Midtown “A” Wing, 21st Floor, Senapati Bapat Marg, Elphinstone Road
Phone
022-66214999
Website
mfassist@itiorg.com
Mutual Fund Insights
In the last 1 year, DSP ELSS Tax Saver Fund Direct Plan Growth has given 10.14% return, outperforming this fund by 10.13%.
This fund has one of the lowest expense ratio in the category (elss (tax savings)). Its expense ratio is 0.57% which is lower than the category average expense ratio of 1.3%.
In the last 3 years, SBI Long Term Equity Fund Direct Growth has given 21.44% return, outperforming this fund by 2.96% per annum.
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 35.38% return, outperforming this fund by 10.99% per annum.
ITI ELSS Tax Saver Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 17.13% since inception which is more than its category average return of 14.14%
Fund Allocations
This fund has an allocation of 96.37% in Equity, 0% in Debt and 3.63% in Cash related instruments
AUM size ₹378 Cr
This fund has AUM of ₹378 Cr which is less than its category average of ₹ 4791 Cr
Expense Ratio 0.57%
This fund has an expense ratio of 0.57% which is less than its category average expense ratio of 1.41%
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More funds from ITI
5Y CAGR
▲ 31.80
3Y CAGR
▲ 21.04
3Y CAGR
▲ 18.45
3Y CAGR
▲ 17.48
5Y CAGR
▲ 21.75
Frequently Asked Questions for ITI ELSS Tax Saver Fund Direct Growth
The current NAV of ITI ELSS Tax Saver Fund Direct Growth is ₹23.79 as on 11-Apr-2025.
Existing (Absolute + CAGR) as on 11-Apr-2025.
ITI ELSS Tax Saver Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.09% | 3.09% |
6 Month Returns | -15.73% | -15.73% |
1 Year Returns | 0.02% | 0.02% |
3 Years Returns | 66.28% | 18.47% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.57% as on March 2025
₹378 Cr as on March 2025
HDFC Bank Ltd(6.74%), InterGlobe Aviation Ltd(3.96%), Axis Bank Ltd(3.29%), Aditya Birla Real Estate Ltd(3.28%), Cholamandalam Investment and Finance Co Ltd(3.1%) as on March 2025
Financial Services(29.25%), Industrial(20.83%), Basic Materials(9.44%) as on March 2025
The alpha ratio for the ITI ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ITI ELSS Tax Saver Fund Direct Growth | 0.18 | 5.83 | 1.7 |
As on March 2025
The alpha for ITI ELSS Tax Saver Fund Direct Growth is calculated against Nifty 500 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the ITI ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ITI ELSS Tax Saver Fund Direct Growth | 1.15 | 0.99 | 0.93 |
As on March 2025
The Beta for ITI ELSS Tax Saver Fund Direct Growth is calculated with Nifty 500 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the ITI ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ITI ELSS Tax Saver Fund Direct Growth | 0.05 | 0.88 | 1.25 |
As on March 2025
The sharpe ratio for ITI ELSS Tax Saver Fund Direct Growth is calculated with Nifty 500 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the ITI ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ITI ELSS Tax Saver Fund Direct Growth | 19.67 | 15.44 | 15.77 |
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.45 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.4 as on March 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of ITI ELSS Tax Saver Fund Direct Growth is 0%