ITI Large Cap Fund Direct Growth
Equity
Direct
Large-Cap
NAV as on 19-11-2024
₹ 18.41
▲0.4%
1D
Inception Returns
16.9%
/yr
About ITI Large Cap Fund Direct Growth
ITI Large Cap Fund Direct Growth is an equity fund. This fund was started on 24 December, 2020. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- ITI Large Cap Fund Direct Growth has ₹360 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 Large Cap Fund Direct Growth has given a CAGR return of 16.92% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 26.15% and 12.44% respectively.
Holdings
ITI Large Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Tech, Energy, Consumer Cyclical, Consumer Defensive, Basic Materials, Utilities, Communication, Health, Real Estate. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Infosys Ltd, Larsen & Toubro Ltd
Taxation
As it is a large-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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of ITI Large Cap Fund Direct Growth
The investment objective of the Scheme is to seek to generate long term capital appreciation by predominantly investing in equity and equity related securities of large 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 Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
66 people have invested ₹ 2.2L in ITI Large Cap Fund Direct Growth in the last three months
INDmoney Rank for ITI Large Cap Fund Direct Growth
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IND ranking is not available for this fund.
Hold on while we find any good points for this fund.
3Y returns in the bottom 25% of the category
ITI Large Cap Fund Direct Growth Overview
| Expense ratio | 0.5% |
Benchmark | S&P BSE 100 India TR INR |
| AUM | ₹360 Cr |
| Inception Date | 24 December, 2020 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 88.48% |
| 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)
Large cap
82.7%
Small cap
12.8%
Mid cap
0.8%
Sector Allocation
Financial Services
31.9%
Industrial
15.4%
Tech
11.3%
Energy
8.4%
Consumer Cyclical
8.4%
Consumer Defensive
5.6%
Basic Materials
5.1%
Utilities
5.1%
Communication
3.3%
Health
3%
Real Estate
2.4%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -6.05% whereas the fund’s underlying benchmark Nifty 100 returns stands at -6.79% as on Oct'24
- This fund outperformed Nifty 100 by 0.74% in Oct'24
- AUM of the fund stands at 360.1 Cr as of Oct'24
- AUM decreased by 9.9 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Reliance Industries Ltd's allocation increased from 5.29% to 6.89%
Mastek Ltd's allocation increased from 0.5% to 1.11%
Bharat Heavy Electricals Ltd's allocation increased from 0.62% to 1.18%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 6.03 % to 5.81 %
Axis Bank Ltd's allocation decreased from 3.62 % to 3.5 %
Bharti Airtel Ltd's allocation decreased from 3.25 % to 3.15 %
Large Cap allocation has gone up from 82.3% to 82.7%
Small Cap allocation has gone up from 12.4% to 12.8%
Mid Cap allocation has gone down from 0.9% to 0.8%
Cash allocation has gone down from 4.4% to 3.7%
Top 3 Sectors in October were Financial Services, Industrial & Tech
Oct'24
Financial Services
32%
Industrial
15%
Tech
11%
Sep'24
Financial Services
32%
Industrial
14%
Tech
10%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7.59% | 0% | |
 Reliance Industries Ltd | 6.89% | 40.5% | |
 ICICI Bank Ltd | 6.56% | 0% | |
 Infosys Ltd | 5.81% | 0% | |
 Larsen & Toubro Ltd | 3.63% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Mastek Ltd | 10.6% |
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Fund House
ITI Asset Management Limited
Total 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 Cap 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 16.92% since inception which is more than its category average return of 13.22%
Fund Allocations
This fund has an allocation of 96.32% in Equity, 0% in Debt and 3.68% in Cash related instruments
AUM size ₹360 Cr
This fund has AUM of ₹360 Cr which is less than its category average of ₹ 6986 Cr
Expense Ratio 0.5%
This fund has an expense ratio of 0.5% which is less than its category average expense ratio of 1.31%
Frequently Asked Questions for ITI Large Cap Fund Direct Growth
The current NAV of ITI Large Cap Fund Direct Growth is ₹18.41 as on 19-Nov-2024.
Existing (Absolute + CAGR) as on 19-Nov-2024.
ITI Large Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.48% | -5.48% |
6 Month Returns | 1.45% | 1.45% |
1 Year Returns | 26.15% | 26.15% |
3 Years Returns | 42.16% | 12.44% |
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.
0.5% as on October 2024
₹360 Cr as on October 2024
HDFC Bank Ltd(7.59%), Reliance Industries Ltd(6.89%), ICICI Bank Ltd(6.56%), Infosys Ltd(5.81%), Larsen & Toubro Ltd(3.63%) as on October 2024
Financial Services(30.75%), Industrial(14.81%), Tech(10.88%) as on October 2024
The alpha ratio for the ITI Large Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ITI Large Cap Fund Direct Growth | 2.93 | 0.86 | - |
As on October 2024
The alpha for ITI Large Cap Fund Direct Growth is calculated against S&P BSE 100 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 Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ITI Large Cap Fund Direct Growth | 0.93 | 0.94 | - |
As on October 2024
The Beta for ITI Large Cap Fund Direct Growth is calculated with S&P BSE 100 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 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 Cap Fund Direct Growth | 1.84 | 0.59 | - |
As on October 2024
The sharpe ratio for ITI Large Cap Fund Direct Growth is calculated with S&P BSE 100 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 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 Cap Fund Direct Growth | 13.15 | 13.29 | - |
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.
Sortino ratio is 1.01 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.14 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of ITI Large Cap Fund Direct Growth is 1%