Historical NAV & Returns
Absolute
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803 people have invested ₹ 49.4L in ITI Mid Cap Fund Direct Growth in the last three months
About ITI Mid Cap Fund Direct Growth
ITI Mid Cap Fund Direct Growth is an equity fund. This fund was started on 10 March, 2021. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- ITI Mid Cap Fund Direct Growth has ₹1092 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.2.
Returns
ITI Mid Cap Fund Direct Growth has given a CAGR return of 18.81% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 0.93% and 21.04% respectively.
Holdings
ITI Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Tech, Health, Basic Materials, Consumer Cyclical, Consumer Defensive, Utilities, Corporate, Government, Communication, Energy, Real Estate. Its top holdings are Solar Industries India Ltd, Indian Bank, Max Healthcare Institute Ltd Ordinary Shares, SRF Ltd, Lupin Ltd
Taxation
As it is a 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 benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of ITI Mid 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 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 Mid Cap Fund Direct Growth has no lock in period.
ITI Mid Cap Fund Direct Growth Overview
| Expense ratio | 0.17% |
Benchmark | Nifty Midcap 150 TR INR |
| AUM | ₹1092 Cr |
| Inception Date | 10 March, 2021 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 129.59% |
| STCG | Selling mutual fund 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 |
INDmoney Rank for ITI Mid Cap Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
3Y returns in the top 25% of the category
No bad points found for this fund.
Trailing Returns
as on (11-Apr-25)
Fund Distribution
as on (31-Mar-25)
Mid cap
66.7%
Small cap
17%
Large cap
10.2%
Sector Allocation
Financial Services
20.4%
Industrial
19.2%
Tech
16.7%
Health
14.6%
Consumer Cyclical
10.5%
Basic Materials
7.2%
Consumer Defensive
4.8%
Utilities
2.8%
Communication
1.6%
Energy
1.2%
Real Estate
1.1%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 9.57% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at 7.55% as on Mar'25
- This fund outperformed Nifty Midcap 150 by 2.02% in Mar'25
- AUM of the fund stands at 987.5 Cr as of Feb'25
- AUM decreased by 107.8 Cr between Feb'25 and Jan'25
Mid Cap allocation has gone up from 67.2% to 67.8%
Large Cap allocation has gone up from 8.4% to 10.4%
Small Cap allocation has gone down from 18.9% to 17.6%
Cash allocation has gone down from 5.3% to 3.9%
Debt allocation has gone up from 0.2% to 0.3%
Top 3 Sectors in February were Industrial, Financial Services & Tech
Feb'25
Financial Services
20%
Industrial
19%
Tech
17%
Jan'25
Industrial
23%
Financial Services
20%
Tech
17%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Solar Industries India Ltd | 2.58% | 0% | |
 Indian Bank | 2.23% | 28.9% | |
 Max Healthcare Institute Ltd Ordinary Shares | 2.07% | 24% | |
 SRF Ltd | 2% | 149.4% | |
 Lupin Ltd | 1.98% | 0% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
 ITI Mid Cap Fund Direct Growth | 0.93% | 21.04% | - | 18.81% |
 Invesco India Mid Cap Fund Direct Plan Growth Option | 12.39% | 20.5% | 30.79% | 20.69% |
 Motilal Oswal Midcap Direct Growth | 8.95% | 24.23% | 35.96% | 23.05% |
 Kotak Emerging Equity Scheme Direct Growth | 7.13% | 16.57% | 31.36% | 20.07% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 Solar Industries India Ltd | 15.7% |
 PTC Industries Ltd | 9.5% |
 Lloyds Metals & Energy Ltd | 7.5% |
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Fund House
ITI Asset Management Limited
Total 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 Mid 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 18.81% since inception which is more than its category average return of 17.8%
Fund Allocations
This fund has an allocation of 93.89% in Equity, 0.32% in Debt and 5.79% in Cash related instruments
AUM size ₹1092 Cr
This fund has AUM of ₹1092 Cr which is less than its category average of ₹ 11455 Cr
Expense Ratio 0.17%
This fund has an expense ratio of 0.17% which is less than its category average expense ratio of 1.21%
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5Y CAGR
▲ 31.80
5Y CAGR
▲ 24.39
3Y CAGR
▲ 18.45
3Y CAGR
▲ 17.48
5Y CAGR
▲ 21.75
Frequently Asked Questions for ITI Mid Cap Fund Direct Growth
The current NAV of ITI Mid Cap Fund Direct Growth is ₹20.22 as on 11-Apr-2025.
Existing (Absolute + CAGR) as on 11-Apr-2025.
ITI Mid Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.44% | 2.44% |
6 Month Returns | -15.04% | -15.04% |
1 Year Returns | 0.93% | 0.93% |
3 Years Returns | 77.34% | 21.04% |
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.
0.17% as on March 2025
₹1092 Cr as on March 2025
Solar Industries India Ltd(2.58%), Indian Bank(2.23%), Max Healthcare Institute Ltd Ordinary Shares(2.07%), SRF Ltd(2%), Lupin Ltd(1.98%) as on March 2025
Industrial(18.9%), Financial Services(18.46%), Tech(13.43%) as on March 2025
The alpha ratio for the ITI Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ITI Mid Cap Fund Direct Growth | 0.32 | 3.4 | - |
As on March 2025
The alpha for ITI Mid Cap Fund Direct Growth is calculated against Nifty Midcap 150 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 Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ITI Mid Cap Fund Direct Growth | 1.05 | 0.96 | - |
As on March 2025
The Beta for ITI Mid Cap Fund Direct Growth is calculated with Nifty Midcap 150 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 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 Mid Cap Fund Direct Growth | 0.16 | 0.98 | - |
As on March 2025
The sharpe ratio for ITI Mid Cap Fund Direct Growth is calculated with Nifty Midcap 150 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 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 Mid Cap Fund Direct Growth | 21.74 | 17.11 | - |
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.
Sortino ratio is 1.69 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.79 as on March 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of ITI Mid Cap Fund Direct Growth is 1%