ITI Mid Cap Fund

(An open ended equity scheme predominantly investing in Mid Cap stocks)

CATEGORY OF SCHEME Mid 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 Mid Cap stocks. However, there can be no assurance that the investment objective of the scheme would be achieved.
Inception Date (Date of Allotment): 05-Mar-2021
Benchmark: Nifty Midcap 150 TRI
Minimum Application Amount: Rs.5,000/- and in multiples of Rs. 1/- thereafter
Load Structure: Entry Load: Nil
Exit Load: – If units are redeemed /switched out within 12 months - 1%. Nil thereafter
Total Expense Ratio (TER):

Including Additional Expenses and Goods and Service Tax on Management Fees
Regular Plan: 2.26% Direct Plan: 0.43%
Fund Manager Mr. Rohan Korde (Since 29 April 2022)
Total Experience: 19 years
Mr. Dhimant Shah (Since 01-Oct-2022)
Total Experience: 26 years

AUM (in Rs. Cr):
815.66
AAUM (in Rs. Cr):
779.22
% of top 5 holdings:
12.41%
% of top 10 holdings:
21.63%
No. of scrips:
77

Standard Deviation^:
14.39%
Beta^:
0.89
Sharpe Ratio^*:
1.06
Average P/B
8.82
Average P/E
27.69
Portfolio Turnover Ratio
1.27

^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:
19.2648
20.6007
IDCW:
18.4077
19.7415

Value of Investment of 10,000
Period
Fund Returns (%)
Benchmark Returns (%)
Additional Benchmark
Returns (%)
Fund ()
Benchmark
()
Additional Benchmark
()
Regular - Growth
Last 1 Year
66.8%
58.6%
26.3%
16,752
15,924
12,651
Last 3 Years
24.3%
28.4%
16.9%
19,238
21,190
15,990
Since Inception
23.1%
27.0%
15.3%
19,265
21,281
15,677
Direct - Growth
Last 1 Year
69.9%
58.6%
26.3%
17,066
15,924
12,651
Last 3 Years
27.0%
28.4%
16.9%
20,495
21,190
15,990
Since Inception
25.7%
27.0%
15.3%
20,601
21,281
15,677

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 3 years period has not been provided, since scheme is in existence for less than 3 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 Midcap 150 TRI Additional Benchmark: Nifty 50 TRI. Fund Managers: Mr. Rohan Korde (Managing since 29-April-2022) and Mr. Dhimant Shah (Managing since 01-October-2022). Inception date of the scheme (05-Mar-2021). Face Value per unit: Rs. 10. ITI Mid Cap Fund NAV as on April 30, 2024: Rs. 19.2648 (Regular Growth Option), Rs. 20.6007 (Direct Growth Option)

Period
Amount Invested
Fund Value
()
Fund Returns
(%)
Benchmark
Value ()
Benchmark
Returns (%)
Additional Benchmark
Value ()
Additional Benchmark
Returns (%)
Regular - Growth
Last 1 Year                         
120,000
                 
160,539
68.31%
                                
150,931
51.21%
                                                         
135,650
25.13%
Last 3 Years                         
360,000
                 
574,990
32.95%
                                
566,385
31.81%
                                                         
461,369
16.82%
Since Inception                         
370,000
                 
594,229
32.36%
                                
587,584
31.53%
                                                         
477,112
16.76%
Direct - Growth
Last 1 Year                         
120,000
                 
162,234
71.38%
                                
150,931
51.21%
                                                         
135,650
25.13%
Last 3 Years                         
360,000
                 
594,168
35.46%
                                
566,385
31.81%
                                                         
461,369
16.82%
Since Inception                         
370,000
                 
614,705
34.87%
                                
587,584
31.53%
                                                         
477,112
16.76%

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 Midcap 150 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.
Name of the Instrument
% to NAV
% to NAV Derivatives

Automobile and Auto Components

7.86

Samvardhana Motherson International Limited

1.67

Bosch Limited

1.26

Schaeffler India Limited

1.24

Tube Investments of India Limited

1.14

Popular Vehicles and Services Limited

0.99

TVS Motor Company Limited

0.84

Sundram Fasteners Limited

0.72

Capital Goods

20.31

ABB India Limited

1.76

Bharat Heavy Electricals Limited

1.73

Cummins India Limited

1.71

Timken India Limited

1.60

Suzlon Energy Limited

1.54

Bharat Electronics Limited

1.49

Bharat Dynamics Limited

1.45

Hindustan Aeronautics Limited

1.39

Honeywell Automation India Limited

1.34

Jyoti CNC Automation Ltd

1.17

AIA Engineering Limited

1.01

Astral Limited

0.96

Jupiter Wagons Limited

0.87

Man Industries (India) Limited

0.80

Inox Wind Limited

0.76

Kaynes Technology India Limited

0.70

JNK India Limited

0.03

Chemicals

3.04

Solar Industries India Limited

3.04

Construction

1.97

Sterling And Wilson Renewable Energy Limited

1.13

IRCON International Limited

0.85

Construction Materials

1.24

0.46

Dalmia Bharat Limited

1.24

The India Cements Limited

0.46

Consumer Services

4.04

Zomato Limited

1.24

Trent Limited

1.03

Westlife Foodworld Limited

1.00

Thomas Cook  (India)  Limited

0.76

Fast Moving Consumer Goods

0.87

Emami Limited

0.87

Financial Services

19.60

Bank of India

2.68

REC Limited

2.03

Sundaram Finance Limited

1.99

Indian Bank

1.90

The Federal Bank Limited

1.73

Bank of Maharashtra

1.59

Union Bank of India

1.44

Power Finance Corporation Limited

1.33

Muthoot Finance Limited

1.33

Mahindra & Mahindra Financial Services Limited

0.99

Shriram Finance Limited

0.94

Max Financial Services Limited

0.88

Housing & Urban Development Corporation Limited

0.78

Healthcare

7.59

Max Healthcare Institute Limited

2.53

Lupin Limited

1.82

Syngene International Limited

1.25

Gland Pharma Limited

1.11

Mankind Pharma Limited

0.87

Information Technology

4.84

Persistent Systems Limited

1.46

KPIT Technologies Limited

1.35

Coforge Limited

1.05

MphasiS Limited

0.98

Media, Entertainment & Publication

0.69

Sun TV Network Limited

0.69

Metals & Mining

5.98

Jindal Stainless Limited

1.70

Steel Authority of India Limited

1.33

NMDC Limited

1.11

National Aluminium Company Limited

0.98

JSW Steel Limited

0.85

Oil Gas & Consumable Fuels

2.89

Oil India Limited

1.50

Hindustan Petroleum Corporation Limited

1.07

IRM Energy Ltd

0.32

Power

6.14

SJVN Limited

2.13

NHPC Limited

1.75

NTPC Limited

1.21

JSW Energy Limited

1.05

Realty

4.37

The Phoenix Mills Limited

1.59

Prestige Estates Projects Limited

1.10

Brigade Enterprises Limited

0.99

Oberoi Realty Limited

0.69

Services

0.92

Container Corporation of India Limited

0.92

Telecommunication

2.45

Vodafone Idea Limited

1.44

Tata Communications Limited

1.01

Textiles

1.09

Page Industries Limited

1.09

Equity & Equity Related Total

95.90

0.46

Mutual Fund Units

0.53

ITI Banking & PSU Debt Fund -Direct Plan -Growth Option

0.53

Short Term Debt & Net Current Assets

3.11

Top Ten Holdings

THIS PRODUCT IS SUITABLE FOR INVESTORS WHO ARE SEEKING^

  • Capital appreciation over long term
  • Investment in a diversified portfolio predominantly consisting of equity and equity related instruments of mid 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 Midcap 150 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