ITI Large Cap Fund

(An open ended equity scheme predominantly investing in large cap stocks)

CATEGORY OF SCHEME Large Cap Fund
INVESTMENT OBJECTIVE 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.
Inception Date (Date of Allotment): 24-Dec-20
Benchmark: Nifty 100 TRI
Minimum Application Amount: Rs. 5,000/- and in multiples of Re. 1/- thereafter
Load Structure: Entry Load: Nil
Exit Load:1% if redeemed or
switched out on or before completion of 3 months from the date of allotment of units · Nil, if redeemed or switched out after completion of 3 months from the date of allotment of units.
Total Expense Ratio (TER):

Including Additional Expenses and Goods and Service Tax on Management Fees
Regular Plan: 2.35% Direct Plan: 0.47%
Fund Manager

Mr Rajesh Bhatia (Since 01-Jan-2024)
Total Experience: 31 years
Mr Rohan Korde (Since 29-April-2022)
Total Experience: 19 years
Mr. Vishal Jajoo (Since 01-Jan-2024)
Total Experience: 15 years

AUM (in Rs. Cr):
296.94
AAUM (in Rs. Cr):
282.82
% of top 5 holdings:
25.42%
% of top 10 holdings:
38.99%
No. of scrips:
59

Standard Deviation^:
13.38%
Beta^:
0.97
Sharpe Ratio^*:
0.64
Average P/B
6.21
Average P/E
21.17
Portfolio Turnover Ratio
0.93
^Computed for the 3-yr period ended April 30, 2024. Based on monthly return.
* Risk free rate: 6.75 (Source: FIMMDA MIBOR)

Regular Plan (in Rs.)
Direct Plan (in Rs.)
Growth:
17.0328
18.2988
IDCW:
17.0328
18.2988

Name of the Instrument
% to NAV
% to NAV Derivatives

Equity & Equity Related Total

96.93

0.45

Automobile and Auto Components

4.98

Maruti Suzuki India Limited

1.69

Tata Motors Limited

1.58

Bosch Limited

0.95

TVS Motor Company Limited

0.76

Capital Goods

7.65

Exicom Tele-Systems Ltd

1.88

Hindustan Aeronautics Limited

1.57

Man Industries (India) Limited

1.48

Jindal Saw Limited

0.99

Bharat Electronics Limited

0.92

Bharat Dynamics Limited

0.78

JNK India Limited

0.04

Chemicals

0.64

PI Industries Limited

0.64

Construction

5.31

Larsen & Toubro Limited

3.48

Engineers India Limited

1.15

IRCON International Limited

0.68

Construction Materials

2.04

Ambuja Cements Limited

1.29

Grasim Industries Limited

0.75

Consumer Durables

2.15

Titan Company Limited

2.15

Consumer Services

1.08

Thomas Cook  (India)  Limited

0.65

Credo Brands Marketing Limited

0.43

Fast Moving Consumer Goods

3.78

ITC Limited

2.40

Nestle India Limited

1.38

Financial Services

32.51

HDFC Bank Limited

6.49

ICICI Bank Limited

5.72

Axis Bank Limited

3.18

State Bank of India

3.06

Bank of Baroda

1.76

Canara Bank

1.75

IndusInd Bank Limited

1.57

Life Insurance Corporation Of India

1.55

REC Limited

1.21

Jio Financial Services Limited

1.17

SBI Life Insurance Company Limited

1.04

Punjab National Bank

1.03

Bank of India

1.02

Union Bank of India

0.98

ICICI Lombard General Insurance Company Limited

0.98

Healthcare

2.79

Mankind Pharma Limited

1.42

Sun Pharmaceutical Industries Limited

1.37

Information Technology

6.95

Infosys Limited

2.53

Tata Consultancy Services Limited

2.37

HCL Technologies Limited

2.06

Metals & Mining

8.43

Hindalco Industries Limited

1.98

Tata Steel Limited

1.45

Steel Authority of India Limited

1.17

Vedanta Limited

1.01

Jindal Steel & Power Limited

0.99

National Aluminium Company Limited

0.97

NMDC Limited

0.86

Oil Gas & Consumable Fuels

9.51

Reliance Industries Limited

6.55

Oil & Natural Gas Corporation Limited

1.21

Coal India Limited

0.91

GAIL (India) Limited

0.84

Others

0.45

Bank Nifty Index

0.45

Power

3.78

NTPC Limited

2.65

Power Grid Corporation of India Limited

1.13

Realty

0.69

DLF Limited

0.69

Services

1.40

InterGlobe Aviation Limited

1.40

Telecommunication

2.93

Bharti Airtel Limited

2.93

Textiles

0.30

Gokaldas Exports Limited

0.30

Short Term Debt & Net Current Assets

2.62

Top Ten Holdings

Period
Amount Invested
Fund Value
()
Fund Returns
(%)
Benchmark
Value ()
Benchmark
Returns (%)
Additional Benchmark
Value ()
Additional Benchmark
Returns (%)
Regular - Growth
Last 1 Year                         
120,000
                 
146,758
43.95%
                                
140,133
32.63%
                                                         
135,650
25.13%
Last 3 Years                         
360,000
                 
494,110
21.72%
                                
473,759
18.70%
                                                         
461,369
16.82%
Since Inception                         
400,000
                 
558,374
20.48%
                                
540,275
18.37%
                                                         
526,132
16.69%
Direct - Growth
Last 1 Year                         
120,000
                 
148,436
46.86%
                                
140,133
32.63%
                                                         
135,650
25.13%
Last 3 Years                         
360,000
                 
510,711
24.12%
                                
473,759
18.70%
                                                         
461,369
16.82%
Since Inception                         
400,000
                 
579,530
22.88%
                                
540,275
18.37%
                                                         
526,132
16.69%

Past performance may or may not be sustained in future and is not a guarantee of any future returns, and should not be used as a basis of comparison with other investments. Different Plans i.e. Regular Plan and Direct Plan under the scheme have different expense structure. Benchmark: Nifty 100 TRI Additional Benchmark: Nifty 50 TRI. For SIP returns, monthly investment of Rs.10,000 invested on the 1st business day of every month has been considered. CAGR Returns (%) are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return).
Disclaimer - Fund SIP Performance
The performance details provided herein are of Growth option under Direct and Regular Plans. The Fund(s) offer Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would have grown if you had invested say Rs. 10,000 systematically on the first Business Day of every month over a period of time in the Growth Option of respective scheme. The returns are calculated by XIRR approach assuming investment of 10,000/- on the 1st working day of every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows with correct allowance for the time impact of the transactions.

Period
Fund Returns (%)
Benchmark Returns (%)
Additional Benchmark
Returns (%)
Fund (Rs)
Benchmark (Rs)
Additional Benchmark
Returns (Rs)
Regular - Growth
Last 1 Year
39.9%
32.0%
26.3%
14,027
13,225
12,651
Last 3 Years
17.5%
17.8%
16.9%
16,220
16,374
15,990
Since Inception
17.2%
18.2%
17.3%
17,033
17,515
17,062
Direct - Growth
Last 1 Year
42.7%
32.0%
26.3%
14,309
13,225
12,651
Last 3 Years
20.0%
17.8%
16.9%
17,276
16,374
15,990
Since Inception
19.8%
18.2%
17.3%
18,299
17,515
17,062

Past performance may or may not be sustained in future and is not a guarantee of any future returns, and should not be used as a basis of comparison with other investments. The performance data for 5 years period has not been provided, since scheme is in existence for less than 5 years. In case, the start / end date of the concerned period is a non-business date (NBD), the NAV of the previous date is considered for computation of returns. Different Plans i.e. Regular Plan and Direct Plan under the scheme have different expense structure. Benchmark: Nifty 100 TRI Additional Benchmark: Nifty 50 TRI. Fund Managers: Mr Rajesh Bhatia (Managing Since 01-Jan-2024), Mr Rohan Korde (Managing Since 01-Jan-2024) and Mr. Vishal Jajoo (Managing Since 01-Jan-2024) . Inception date of the scheme (24-Dec-20). Face Value per unit: Rs. 10. ITI Large Cap Fund NAV as on April 30, 2024: Rs. 17.0328 (Regular Growth Option), Rs. 18.2988 (Direct Growth Option)

THIS PRODUCT IS SUITABLE FOR INVESTORS WHO ARE SEEKING^

  • Capital appreciation over long term
  • Investment in equity and equity related instruments of large cap companies

^Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Riskometer of the Scheme
Riskometer of the Primary Benchmark
Nifty 100 TRI

Face Value per Unit: Rs. 10 unless other wise specified; Data is as of April 30, 2024 unless other wise specified.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully