ITI MF

CATEGORY OF SCHEME	Focused Fund
INVESTMENT OBJECTIVE	The investment objective of the scheme is to seek to generate long term capital appreciation by investing in a concentrated portfolio of equity & equity related instruments of upto 30 companies across market capitalization. However, there can be no assurance that the investment objective of the scheme would be achieved.
Inception Date (Date of Allotment):	19th June, 2023
Benchmark:	Nifty 500 TRI
Minimum Application Amount:	Rs. 5,000/- and in multiples of Rs. 1/- thereafter
Load Structure:	Entry Load: Not Applicable Exit Load: · 1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units; · Nil, if redeemed or switched out after completion of 12 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: 2.34% Direct Plan: 0.44%
Fund Manager	Mr. Dhimant Shah (Since 19-June-2023) Total Experience : 26 years Mr. Rohan Korde (Since 19-June-2023) Total Experience: 19 years

AUM (in Rs. Cr):	493.85
AAUM (in Rs. Cr):	480.57
% of top 5 holdings:	23.09%
% of top 10 holdings:	41.23%
No of scrips:	29

Standard Deviation^:	NA
Beta^:	NA
*Sharpe Ratio^:**	NA
Average P/B	10.62
Average P/E	31.66
Portfolio Beta	NA
Portfolio Turnover Ratio	0.99
^Scheme has not completed 3 years hence NA * Risk free rate: 6.80 (Source: FIMMDA MIBOR)

	Regular Plan (in Rs.)	Direct Plan (in Rs.)
Growth:	15.0080	15.3597
IDCW:	15.0080	15.3597

Name of the Instrument	% to NAV	% to NAV Derivatives
Equity & Equity Related Total	94.22
Automobile and Auto Components	5.61
Craftsman Automation Limited	2.92
ZF Commercial Vehicle Control Systems India Limited	2.69
Capital Goods	13.70
Siemens Limited	3.15
Kaynes Technology India Limited	2.87
Graphite India Limited	2.85
AIA Engineering Limited	2.49
Praj Industries Limited	2.35
Chemicals	2.61
Solar Industries India Limited	2.61
Construction	5.99
Larsen & Toubro Limited	3.32
Sterling And Wilson Renewable Energy Limited	2.67
Construction Materials	2.79
UltraTech Cement Limited	2.79
Fast Moving Consumer Goods	5.85
ITC Limited	3.83
Tata Consumer Products Limited	2.02
Financial Services	23.64
HDFC Bank Limited	5.19
ICICI Bank Limited	4.48
Multi Commodity Exchange of India Limited	4.12
Power Finance Corporation Limited	3.55
State Bank of India	3.24
SBI Life Insurance Company Limited	3.06
Healthcare	7.34
Sun Pharmaceutical Industries Limited	4.14
Fortis Healthcare Limited	3.20
Information Technology	7.08
Oracle Financial Services Software Limited	3.95
Tata Consultancy Services Limited	3.13
Metals & Mining	3.48
Vedanta Limited	3.48
Oil Gas & Consumable Fuels	5.16
Reliance Industries Limited	5.16
Power	2.42
SJVN Limited	2.42
Realty	2.51
Prestige Estates Projects Limited	2.51
Services	3.10
InterGlobe Aviation Limited	3.10
Telecommunication	2.95
Bharti Airtel Limited	2.95

Mutual Fund Units	0.87
ITI Banking & PSU Debt Fund -Direct Plan -Growth Option	0.87
Short Term Debt & Net Current Assets	4.91

Top Ten Holdings

Period	Fund Returns (%)	Benchmark Returns (%)	Additional Benchmark Returns (%)	Benchmark (Rs)	Fund (Rs)	Additional Benchmark Returns (Rs)
Regular - Growth
Last 6 Months	47.0%	41.6%	32.6%	14,698	14,158	13,264
Since Inception	40.3%	39.3%	29.7%	15,008	14,889	13,661
Direct - Growth
Last 6 Months	49.8%	41.6%	32.6%	14,982	14,158	13,264
Since Inception	43.0%	39.3%	29.7%	15,360	14,889	13,661

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 500 TRI Additional Benchmark: Nifty 50 TRI. Fund Managers: Mr. Dhimant Shah (Managing since 19-June-2023) and Mr. Rohan Korde (Managing since 19-June-2023). Inception date of the scheme is (19-June-23). Face Value per unit: Rs. 10. Simple annualized returns have been provided as per the extant guidelines since the scheme has completed 6 months but not 1 year. ITI Focused Equity Fund NAV as on August 30, 2024: Rs. 15.0080 (Regular Growth Option), Rs. 15.3597 (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	120000	147454	45.16%	145995	42.64%	141155	34.36%
Since Inception	150000	187769	44.92%	187911	45.09%	178985	34.19%
Direct - Growth
Last 1 Year	120000	149077	47.98%	145995	42.64%	141155	34.36%
Since Inception	150000	189954	47.61%	187911	45.09%	178985	34.19%

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 500 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).