ITI Large & Mid Cap Fund Direct Growth

ITI Large & Mid Cap Fund Direct Growth

Equity

Direct

Large & Mid-Cap

NAV as on 21-11-2024

₹ 9.64

Inception Returns

-5.3%

/yr

About ITI Large & Mid Cap Fund Direct Growth

ITI Large & Mid Cap Fund Direct Growth is an equity fund. This fund was started on 10 September, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. ITI Large & Mid Cap Fund Direct Growth has ₹783 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

ITI Large & Mid Cap Fund Direct Growth has given a CAGR return of -5.25% since inception.

Holdings

ITI Large & Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Industrial, Tech, Consumer Cyclical, Health, Utilities, Consumer Defensive, Energy, Real Estate, Communication. Its top holdings are Zomato Ltd, HDFC Bank Ltd, ICICI Bank Ltd, Welspun Corp Ltd, Karnataka Bank Ltd

Taxation

As it is a large & mid-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 Large & Mid Cap Fund Direct Growth

The investment objective of the Scheme is to seek to generate long term capital appreciation by investing in equity and equity related securities of large cap & mid cap stocks. 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 Large & Mid Cap Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised
▲
▼

zero opening, trading, fund transfer fee
356 people have invested ₹ 68.6L in ITI Large & Mid Cap Fund Direct Growth in the last three months

ITI Large & Mid Cap Fund Direct Growth Overview

Expense ratio0.37%
Benchmark
S&P BSE 200 India TR INR
AUM₹783 Cr
Inception Date10 September, 2024
Min Lumpsum/SIP₹5000/₹500
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
0%
STCGRedeeming 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 (21-Nov-24)

Period
ITI Large & Mid Cap Fund Direct Growth
NIFTY 500
large & mid-cap
1M
-4%
-2.6%
-5.4%

Fund Distribution

as on (31-Oct-24)

  • Equity 86.5%

  • Debt & Cash 13.5%

Large cap
36.4%
Small cap
27.2%
Mid cap
23%
Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
18.7%
Basic Materials
17.3%
Industrial
15.5%
Tech
12.9%
Consumer Cyclical
8.2%
Health
7.5%
Utilities
6.4%
Consumer Defensive
6.3%
Energy
2.7%
Real Estate
2.7%
Communication
1.8%

  • Equity

Holdings
Weight%
1M Change
Zomato Ltd
Zomato Ltd
3.55%
0%
HDFC Bank Ltd
HDFC Bank Ltd
3.45%
55.6%
ICICI Bank Ltd
ICICI Bank Ltd
2.97%
0%
Welspun Corp Ltd
Welspun Corp Ltd
2.95%
0%
Karnataka Bank Ltd
Karnataka Bank Ltd
2.91%
0%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
ITI Large & Mid Cap Fund Direct Growth
ITI Large & Mid Cap Fund Direct Growth
-
-
-
-5.25%
Motilal Oswal Large and Midcap Fund Direct Growth
Motilal Oswal Large and Midcap Fund Direct Growth
48.07%
25.27%
27%
27.58%
Canara Robeco Emerging Equities Direct Plan Growth Option
Canara Robeco Emerging Equities Direct Plan Growth Option
32.57%
14.92%
22.11%
21.36%
Kotak Equity Opportunities Direct Growth
Kotak Equity Opportunities Direct Growth
31.51%
19.27%
22.27%
18.12%
See all

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Indian Bank
Indian Bank
2.1%
Fund
Oct'24
Sep'24
No of Holdings
61
55
Top 5 Company Concentration
15.8%
16.1%
Company having highest exposure
Zomato Ltd (3.6%)
Zomato Ltd (4%)
No of Sectors
11
11
Top 5 Sectors Concentration
72.6%
72.2%
Sector having highest exposure
Financial Services (18.7%)
Financial Services (18.3%)
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Fund House
ITI Asset Management Limited
Total Schemes
18
See all ITI schemes
Total AUM
₹9.95K Cr
as on 31-Oct-2024
Address
Naman Midtown “A” Wing, 21st Floor, Senapati Bapat Marg, Elphinstone Road
Phone
022-66214999
Website
mfassist@itiorg.com

ITI Large & Mid Cap Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
Fund Allocations

Fund Allocations

This fund has an allocation of 86.46% in Equity, 0% in Debt and 13.54% in Cash related instruments
AUM size ₹783 Cr

AUM size ₹783 Cr

This fund has AUM of ₹783 Cr which is less than its category average of ₹ 7239 Cr
Expense Ratio 0.37%

Expense Ratio 0.37%

This fund has an expense ratio of 0.37% which is less than its category average expense ratio of 1.37%

Frequently Asked Questions for ITI Large & Mid Cap Fund Direct Growth

The current NAV of ITI Large & Mid Cap Fund Direct Growth is ₹9.64 as on 21-Nov-2024.
Existing (Absolute + CAGR) as on 21-Nov-2024.
ITI Large & Mid Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-4%
-4%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
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.
0.37% as on October 2024
₹783 Cr as on October 2024
Zomato Ltd(3.55%), HDFC Bank Ltd(3.45%), ICICI Bank Ltd(2.97%), Welspun Corp Ltd(2.95%), Karnataka Bank Ltd(2.91%) as on October 2024
Financial Services(16.17%), Basic Materials(14.96%), Industrial(13.41%) as on October 2024
The alpha ratio for the ITI Large & Mid Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
ITI Large & Mid Cap Fund Direct Growth
-
-
-
As on October 2024
The alpha for ITI Large & Mid Cap Fund Direct Growth is calculated against S&P BSE 200 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 Large & Mid Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
ITI Large & Mid Cap Fund Direct Growth
-
-
-
As on October 2024
The Beta for ITI Large & Mid Cap Fund Direct Growth is calculated with S&P BSE 200 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 Large & Mid 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 Large & Mid Cap Fund Direct Growth
-
-
-
As on October 2024
The sharpe ratio for ITI Large & Mid Cap Fund Direct Growth is calculated with S&P BSE 200 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 Large & Mid 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 Large & Mid Cap Fund Direct Growth
-
-
-
As on October 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 Large & Mid Cap Fund Direct Growth is 0.5%