ITI Large & Mid Cap Fund Direct Growth

ITI Large & Mid Cap Fund Direct Growth

Equity

Large & Mid-Cap

NAV as on 25-04-2025

₹ 9.08

▼-2.1%

1D

Inception Returns

-9.2%

/yr

Historical NAV & Returns

Absolute
▲
▼

zero opening, trading, fund transfer fee
203 people have invested ₹ 14.7L in ITI Large & Mid Cap Fund Direct Growth in the last three months

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 ₹781 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

ITI Large & Mid Cap Fund Direct Growth has given a CAGR return of -9.23% since inception.

Holdings

ITI Large & Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Tech, Basic Materials, Health, Consumer Cyclical, Utilities, Energy, Consumer Defensive, Real Estate, Communication. Its top holdings are HDFC Bank Ltd, CG Power & Industrial Solutions Ltd, ICICI Bank Ltd, NLC India Ltd, InterGlobe Aviation 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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

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.

ITI Large & Mid Cap Fund Direct Growth Overview

Expense ratio0.45%
Benchmark
Nifty LargeMidcap 250 TR INR
AUM₹781 Cr
Inception Date10 September, 2024
Min Lumpsum/SIP₹5000/₹500
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
0%
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 (25-Apr-25)

Period
ITI Large & Mid Cap Fund Direct Growth
NIFTY 500
large & mid-cap
1M
0.7%
4.5%
2.2%
3M
1.3%
3.2%
2.4%
6M
-4.3%
-2.6%
-4%

Fund Distribution

as on (31-Mar-25)

  • Equity 97.6%

  • Debt & Cash 2.4%

Large cap
40.6%
Mid cap
34.8%
Small cap
21%
Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Sep'24

Industrial
23%
Financial Services
21.4%
Tech
10.8%
Basic Materials
10.5%
Health
9.9%
Consumer Cyclical
7.9%
Utilities
5.2%
Energy
3.7%
Consumer Defensive
3.3%
Real Estate
2.7%
Communication
1.7%
All changes are between Jan'25 and Mar'25
Mar'25
Feb'25
Jan'25
Fund Returns
8.91%
-9.27%
-7.23%
NIFTY 500
7.25%
-7.88%
-4.01%
  • This fund’s returns stands at 8.91% whereas the fund’s underlying benchmark NIFTY 500 returns stands at 7.25% as on Mar'25
  • This fund outperformed NIFTY 500 by 1.66% in Mar'25
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 780.7 Cr
₹ 716.7 Cr
₹ 783.4 Cr
  • AUM of the fund stands at 780.7 Cr as of Mar'25
  • AUM increased by 64 Cr between Mar'25 and Feb'25
Top Stocks bought last month
ITC Hotels Ltd's allocation increased from 0.06% to 0.66%
ITC Hotels Ltd's allocation increased from 0.06% to 0.66%
Housing & Urban Development Corp Ltd's allocation increased from 0.5% to 1.05%
Housing & Urban Development Corp Ltd's allocation increased from 0.5% to 1.05%
Hindustan Aeronautics Ltd Ordinary Shares's allocation increased from 1.7% to 2.12%
Hindustan Aeronautics Ltd Ordinary Shares's allocation increased from 1.7% to 2.12%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 4.01 % to 3.88 %
HDFC Bank Ltd's allocation decreased from 4.01 % to 3.88 %
Reliance Industries Ltd's allocation decreased from 2.49 % to 2.42 %
Reliance Industries Ltd's allocation decreased from 2.49 % to 2.42 %
Bajaj Finance Ltd's allocation decreased from 2.41 % to 2.32 %
Bajaj Finance Ltd's allocation decreased from 2.41 % to 2.32 %
Small Cap allocation has gone down from 21.4% to 21%
Small Cap allocation has gone down from 21.4% to 21%
Mid Cap allocation has gone up from 34.3% to 34.8%
Mid Cap allocation has gone up from 34.3% to 34.8%
Large Cap allocation has gone down from 40.7% to 40.6%
Large Cap allocation has gone down from 40.7% to 40.6%
Cash allocation has gone down from 3.1% to 2.4%
Cash allocation has gone down from 3.1% to 2.4%

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

Mar'25
Industrial
23%
Financial Services
21%
Tech
11%
Feb'25
Industrial
22%
Financial Services
22%
Tech
12%

  • Equity

Holdings
Weight%
1M Change
HDFC Bank Ltd
HDFC Bank Ltd
3.88%
0%
CG Power & Industrial Solutions Ltd
CG Power & Industrial Solutions Ltd
3.14%
0%
ICICI Bank Ltd
ICICI Bank Ltd
3.11%
0%
NLC India Ltd
NLC India Ltd
2.65%
0%
InterGlobe Aviation Ltd
InterGlobe Aviation Ltd
2.46%
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
-
-
-
-9.23%
Invesco India Large&MidCap Fund Direct Plan Growth
Invesco India Large&MidCap Fund Direct Plan Growth
21.27%
23.53%
27.68%
18.34%
Motilal Oswal Large and Midcap Fund Direct Growth
Motilal Oswal Large and Midcap Fund Direct Growth
15.72%
26.65%
31.62%
24.36%
ICICI Prudential Large & Mid Cap Fund Direct Plan Growth
ICICI Prudential Large & Mid Cap Fund Direct Plan Growth
15.1%
22.55%
31.65%
17.1%
See all

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Hindustan Aeronautics Ltd
Hindustan Aeronautics Ltd
1.7%
Fund
Mar'25
Feb'25
Jan'25
No of Holdings
84
87
84
Top 5 Company Concentration
15.2%
15.1%
14.4%
Company having highest exposure
HDFC Bank Ltd (3.9%)
HDFC Bank Ltd (4%)
HDFC Bank Ltd (3.6%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
75.6%
75.6%
76.6%
Sector having highest exposure
Industrial (23%)
Industrial (22.4%)
Industrial (22.9%)
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Fund House
ITI Asset Management Limited
Total Schemes
19
See all ITI 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

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 97.63% in Equity, 0% in Debt and 2.37% in Cash related instruments
AUM size ₹781 Cr

AUM size ₹781 Cr

This fund has AUM of ₹781 Cr which is less than its category average of ₹ 7538 Cr
Expense Ratio 0.45%

Expense Ratio 0.45%

This fund has an expense ratio of 0.45% which is less than its category average expense ratio of 1.38%

More funds from ITI

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

The current NAV of ITI Large & Mid Cap Fund Direct Growth is ₹9.08 as on 25-Apr-2025.
Existing (Absolute + CAGR) as on 25-Apr-2025.
ITI Large & Mid Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.69%
0.69%
6 Month Returns
-4.3%
-4.3%
1 Year Returns
0%
0%
3 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.
0.45% as on March 2025
₹781 Cr as on March 2025
HDFC Bank Ltd(3.88%), CG Power & Industrial Solutions Ltd(3.14%), ICICI Bank Ltd(3.11%), NLC India Ltd(2.65%), InterGlobe Aviation Ltd(2.46%) as on March 2025
Industrial(22.44%), Financial Services(20.89%), Tech(10.57%) as on March 2025
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 March 2025
The alpha for ITI Large & Mid Cap Fund Direct Growth is calculated against Nifty LargeMidcap 250 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 March 2025
The Beta for ITI Large & Mid Cap Fund Direct Growth is calculated with Nifty LargeMidcap 250 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 March 2025
The sharpe ratio for ITI Large & Mid Cap Fund Direct Growth is calculated with Nifty LargeMidcap 250 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 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.
The Exit load of ITI Large & Mid Cap Fund Direct Growth is 0.5%