ITI Flexi Cap Fund Direct Growth

ITI Flexi Cap Fund Direct Growth

Equity

Direct

Flexi Cap

NAV as on 23-12-2024

₹ 18.46

▼-2.1%

1D

Inception Returns

40.4%

/yr

About ITI Flexi Cap Fund Direct Growth

ITI Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 22 February, 2023. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. ITI Flexi Cap Fund Direct Growth has ₹1288 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

ITI Flexi Cap Fund Direct Growth has given a CAGR return of 40.37% since inception. Over the last 1 year the fund has given a CAGR return of 32.19%.

Holdings

ITI Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Tech, Consumer Cyclical, Basic Materials, Health, Consumer Defensive, Energy, Government, Communication, Real Estate, Utilities, Corporate. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, ITC Ltd, VA Tech Wabag Ltd

Taxation

As it is a flexi cap mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of ITI Flexi Cap Fund Direct Growth

The investment objective of the scheme is to generate long-term capital appreciation from a diversified portfolio that dynamically invests in equity and equity-related securities of companies across various market capitalisation. However, there can be no assurance that the investment objective of the scheme would be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. ITI Flexi Cap Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised
▲
▼

zero opening, trading, fund transfer fee
199 people have invested ₹ 22.5L in ITI Flexi Cap Fund Direct Growth in the last three months

ITI Flexi Cap Fund Direct Growth Overview

Expense ratio0.3%
Benchmark
S&P BSE 500 India TR INR
AUM₹1288 Cr
Inception Date22 February, 2023
Min Lumpsum/SIP₹5000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
112.72%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (23-Dec-24)

Period
ITI Flexi Cap Fund Direct Growth
Nifty 500
flexi cap
1M
2.8%
0.8%
2.5%
3M
-4.8%
-8.1%
-5.7%
6M
3.6%
0.8%
2.9%
1Y
32.2%
17.6%
24.4%

Fund Distribution

as on (30-Nov-24)

  • Equity 96.5%

  • Debt & Cash 3.5%

Large cap
42.1%
Small cap
37.3%
Mid cap
15.1%
Sector Allocation

Nov'24

Oct'24

Sep'24

Industrial
24.7%
Financial Services
19.9%
Tech
12.5%
Consumer Cyclical
11.7%
Basic Materials
9.6%
Health
5.8%
Consumer Defensive
4.7%
Energy
4.6%
Communication
2.4%
Real Estate
2.1%
Utilities
1.8%
All changes are between Sep'24 and Nov'24
Nov'24
Oct'24
Sep'24
Fund Returns
0.30%
-3.91%
2.20%
Nifty 500
-0.60%
-6.52%
2.04%
  • This fund’s returns stands at 0.30% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
  • This fund outperformed Nifty 500 by 0.90% in Nov'24
Parameters
Nov'24
Oct'24
Sep'24
AUM
₹ 1.3K Cr
₹ 1.3K Cr
₹ 1.3K Cr
  • AUM of the fund stands at 1.3K Cr as of Nov'24
  • AUM decreased by 22.4 Cr between Nov'24 and Oct'24
Top Stocks bought last month
Sanghvi Movers Ltd's allocation increased from 0.95% to 0.98%
Sanghvi Movers Ltd's allocation increased from 0.95% to 0.98%
Mid Cap allocation has gone down from 16.2% to 15.1%
Mid Cap allocation has gone down from 16.2% to 15.1%
Large Cap allocation has gone up from 41.5% to 42.1%
Large Cap allocation has gone up from 41.5% to 42.1%
Small Cap allocation has gone down from 38% to 37.3%
Small Cap allocation has gone down from 38% to 37.3%
Cash allocation has gone up from 3% to 3.3%
Cash allocation has gone up from 3% to 3.3%
Debt allocation has gone down from 0.2% to 0.1%
Debt allocation has gone down from 0.2% to 0.1%

Top 3 Sectors in November were Industrial, Financial Services & Tech

Nov'24
Industrial
25%
Financial Services
20%
Tech
13%
Oct'24
Industrial
25%
Financial Services
19%
Tech
12%

  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
HDFC Bank Ltd
HDFC Bank Ltd
4.12%
0%
Reliance Industries Ltd
Reliance Industries Ltd
3.53%
0%
ICICI Bank Ltd
ICICI Bank Ltd
3.17%
7.1%
ITC Ltd
ITC Ltd
2.72%
19.5%
VA Tech Wabag Ltd
VA Tech Wabag Ltd
2.38%
0%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
ITI Flexi Cap Fund Direct Growth
ITI Flexi Cap Fund Direct Growth
32.19%
-
-
40.37%
Motilal Oswal Flexicap Fund Direct Plan Growth
Motilal Oswal Flexicap Fund Direct Plan Growth
47.41%
25.07%
19.31%
19.92%
JM Flexicap Fund (Direct) Growth Option
JM Flexicap Fund (Direct) Growth Option
39.21%
29.2%
25.29%
19.57%
Bank of India Flexi Cap Fund Direct Growth
Bank of India Flexi Cap Fund Direct Growth
36.32%
25.72%
-
35.18%
See all

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Zaggle Prepaid Ocean Services Ltd
Zaggle Prepaid Ocean Services Ltd
15.1%
Indian Hotels Co Ltd
Indian Hotels Co Ltd
11.9%
Zomato Ltd
Zomato Ltd
8.1%
Fund
Nov'24
Oct'24
Sep'24
No of Holdings
81
81
81
Top 5 Company Concentration
15.7%
15.7%
15.2%
Company having highest exposure
HDFC Bank Ltd (3.6%)
HDFC Bank Ltd (3.6%)
Reliance Industries Ltd (3.9%)
No of Sectors
13
13
13
Top 5 Sectors Concentration
78.5%
78.1%
75.9%
Sector having highest exposure
Industrial (24.7%)
Industrial (25.3%)
Industrial (22.8%)
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Fund House
ITI Asset Management Limited
Total Schemes
18
See all ITI schemes
Total AUM
₹9.68K Cr
as on 29-Nov-2024
Address
Naman Midtown “A” Wing, 21st Floor, Senapati Bapat Marg, Elphinstone Road
Phone
022-66214999
Website
mfassist@itiorg.com

ITI Flexi Cap Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 40.37% since inception which is more than its category average return of 19.11%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.54% in Equity, 0.14% in Debt and 3.31% in Cash related instruments
AUM size ₹1288 Cr

AUM size ₹1288 Cr

This fund has AUM of ₹1288 Cr which is less than its category average of ₹ 8877 Cr
Expense Ratio 0.3%

Expense Ratio 0.3%

This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 1.34%

Frequently Asked Questions for ITI Flexi Cap Fund Direct Growth

The current NAV of ITI Flexi Cap Fund Direct Growth is ₹18.46 as on 23-Dec-2024.
Existing (Absolute + CAGR) as on 23-Dec-2024.
ITI Flexi Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.83%
2.83%
6 Month Returns
3.65%
3.65%
1 Year Returns
32.19%
32.19%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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.
0.3% as on November 2024
₹1288 Cr as on November 2024
HDFC Bank Ltd(4.12%), Reliance Industries Ltd(3.53%), ICICI Bank Ltd(3.17%), ITC Ltd(2.72%), VA Tech Wabag Ltd(2.38%) as on November 2024
Industrial(23.89%), Financial Services(19.21%), Tech(12.07%) as on November 2024
The alpha ratio for the ITI Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
ITI Flexi Cap Fund Direct Growth
12.2
-
-
As on November 2024
The alpha for ITI Flexi Cap Fund Direct Growth is calculated against S&P BSE 500 India 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 Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
ITI Flexi Cap Fund Direct Growth
0.84
-
-
As on November 2024
The Beta for ITI Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India 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 Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
ITI Flexi Cap Fund Direct Growth
2.4
-
-
As on November 2024
The sharpe ratio for ITI Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India 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 Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
ITI Flexi Cap Fund Direct Growth
11.43
-
-
As on November 2024
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.
The Exit load of ITI Flexi Cap Fund Direct Growth is 1%