ITI Focused Equity Fund Direct Growth
Equity
Direct
Focused Fund
NAV as on 19-11-2024
₹ 14.72
▲0.9%
1D
Inception Returns
31.7%
/yr
About ITI Focused Equity Fund Direct Growth
ITI Focused Equity Fund Direct Growth is an equity fund. This fund was started on 21 June, 2023. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- ITI Focused Equity Fund Direct Growth has ₹497 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
ITI Focused Equity Fund Direct Growth has given a CAGR return of 31.66% since inception. Over the last 1 year the fund has given a CAGR return of 31.66%.
Holdings
ITI Focused Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Health, Tech, Basic Materials, Consumer Defensive, Government, Consumer Cyclical, Energy, Corporate, Communication, Utilities, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Multi Commodity Exchange of India Ltd, Reliance Industries Ltd, Sun Pharmaceuticals Industries Ltd
Taxation
As it is a focused fund 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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of ITI Focused Equity Fund Direct Growth
The investment objective of the scheme is to seek to generate long term capital appreciation by investing in a concentrated portfolio of equity & equity related instruments of upto 30 companies across market capitalization. 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 Focused Equity Fund Direct Growth has no lock in period.
Historical NAV & Returns
ITI Focused Equity Fund Direct Growth Overview
| Expense ratio | 0.48% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹497 Cr |
| Inception Date | 21 June, 2023 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 72.46% |
| STCG | Redeeming 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 |
Trailing Returns
as on (19-Nov-24)
Fund Distribution
as on (31-Oct-24)
- This fund’s returns stands at -4.03% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 2.49% in Oct'24
- AUM of the fund stands at 514.2 Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top 3 Sectors in October were Financial Services, Industrial & Health
Top Growth Drivers | 1M Return |
|---|---|
 Wockhardt Ltd | 11.1% |
ITI Focused Equity Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹497 Cr
Expense Ratio 0.48%
Frequently Asked Questions for ITI Focused Equity Fund Direct Growth
ITI Focused Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.83% | -5.83% |
6 Month Returns | 7.08% | 7.08% |
1 Year Returns | 31.66% | 31.66% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ITI Focused Equity Fund Direct Growth | 11.77 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ITI Focused Equity Fund Direct Growth | 0.78 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ITI Focused Equity Fund Direct Growth | 2.83 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ITI Focused Equity Fund Direct Growth | 11.06 | - | - |