| 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 |
| 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): | 1129.30 |
| AAUM (in Rs. Cr): | 1088.36 |
| % of top 5 holdings: | 11.85% |
| % of top 10 holdings: | 20.81% |
| No. of scrips: | 77 |
| Standard Deviation^: | 14.40% |
| Beta^: | 0.89 |
| Sharpe Ratio^*: | 1.19 |
| Average P/B | 9.40 |
| Average P/E | 33.88 |
| Portfolio Turnover Ratio | 1.23 |
^Computed for the 3-yr period ended August 31, 2024. Based on monthly return. * Risk free rate: 6.80 (Source: FIMMDA MIBOR) |
|
Regular Plan
(in Rs.) |
Direct Plan
(in Rs.) |
|
| Growth: | 22.7312 |
24.4489 |
| IDCW: | 21.7200 |
23.4288 |
Value of Investment of 10,000 |
||||||
| Period | Fund Returns (%) |
Benchmark Returns (%) |
Additional Benchmark Returns (%) |
Fund () |
Benchmark () |
Additional Benchmark () |
Regular - Growth |
||||||
| Last 1 Year | 65.9% |
50.1% |
32.6% |
16,591 |
15,008 |
13,264 |
| Last 3 Years | 25.3% |
27.9% |
15.2% |
19,662 |
20,914 |
15,274 |
| Since Inception | 26.5% |
29.7% |
17.7% |
22,731 |
24,766 |
17,649 |
Direct - Growth |
||||||
| Last 1 Year | 68.9% |
50.1% |
32.6% |
16,889 |
15,008 |
13,264 |
| Last 3 Years | 27.9% |
27.9% |
15.2% |
20,907 |
20,914 |
15,274 |
| Since Inception | 29.2% |
29.7% |
17.7% |
24,449 |
24,766 |
17,649 |
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 August 30, 2024: Rs. 22.7312 (Regular Growth Option), Rs. 24.4489 (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 |
159202 |
65.90% |
150896 |
51.15% |
141155 |
34.36% |
| Last 3 Years | 360000 |
637501 |
40.92% |
611345 |
37.65% |
494043 |
21.70% |
| Since Inception | 420000 |
767048 |
36.30% |
751773 |
34.99% |
597500 |
20.58% |
Direct - Growth |
|||||||
| Last 1 Year | 120000 |
159202 |
65.90% |
150896 |
51.15% |
141155 |
34.36% |
| Last 3 Years | 360000 |
637501 |
40.92% |
611345 |
37.65% |
494043 |
21.70% |
| Since Inception | 420000 |
767048 |
36.30% |
751773 |
34.99% |
597500 |
20.58% |
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 |
|
Equity & Equity Related Total |
95.42 |
||
Automobile and Auto Components |
5.85 |
||
Tube Investments of India Limited |
1.45 |
||
Schaeffler India Limited |
1.17 |
||
Samvardhana Motherson International Limited |
0.96 |
||
TVS Motor Company Limited |
0.80 |
||
ZF Commercial Vehicle Control Systems India Limited |
0.77 |
||
Popular Vehicles and Services Limited |
0.71 |
||
Capital Goods |
16.65 |
||
Suzlon Energy Limited |
2.35 |
||
Bharat Heavy Electricals Limited |
1.46 |
||
Cummins India Limited |
1.38 |
||
Bharat Dynamics Limited |
1.21 |
||
Timken India Limited |
1.08 |
||
Bharat Electronics Limited |
1.05 |
||
Jyoti CNC Automation Ltd |
1.05 |
||
AIA Engineering Limited |
1.01 |
||
Honeywell Automation India Limited |
1.00 |
||
Inox Wind Limited |
1.00 |
||
Astral Limited |
1.00 |
||
Kirloskar Oil Engines Limited |
0.83 |
||
Hindustan Aeronautics Limited |
0.82 |
||
Jupiter Wagons Limited |
0.81 |
||
Man Industries (India) Limited |
0.60 |
||
Chemicals |
4.20 |
||
Solar Industries India Limited |
2.52 |
||
SRF Limited |
0.97 |
||
Paradeep Phosphates Limited |
0.72 |
||
Construction |
3.49 |
||
H.G. Infra Engineering Limited |
0.99 |
||
NBCC (India) Limited |
0.89 |
||
IRCON International Limited |
0.88 |
||
Sterling And Wilson Renewable Energy Limited |
0.73 |
||
Construction Materials |
1.31 |
||
Dalmia Bharat Limited |
1.31 |
||
Consumer Services |
2.97 |
||
Zomato Limited |
1.19 |
||
Trent Limited |
1.15 |
||
Westlife Foodworld Limited |
0.63 |
||
Fast Moving Consumer Goods |
1.64 |
||
Marico Limited |
1.64 |
||
Financial Services |
14.98 |
||
The Federal Bank Limited |
1.77 |
||
Indian Bank |
1.67 |
||
REC Limited |
1.62 |
||
Sundaram Finance Limited |
1.53 |
||
PB Fintech Limited |
1.31 |
||
Muthoot Finance Limited |
1.15 |
||
Power Finance Corporation Limited |
1.13 |
||
Mahindra & Mahindra Financial Services Limited |
1.10 |
||
Max Financial Services Limited |
1.01 |
||
RBL Bank Limited |
0.96 |
||
Housing & Urban Development Corporation Limited |
0.90 |
||
Shriram Finance Limited |
0.83 |
||
Healthcare |
10.69 |
||
Lupin Limited |
2.46 |
||
Aurobindo Pharma Limited |
1.72 |
||
Max Healthcare Institute Limited |
1.63 |
||
Syngene International Limited |
1.57 |
||
Fortis Healthcare Limited |
1.22 |
||
Biocon Limited |
1.11 |
||
GlaxoSmithKline Pharmaceuticals Limited |
0.97 |
||
Information Technology |
8.62 |
||
Persistent Systems Limited |
1.73 |
||
Mphasis Limited |
1.73 |
||
L&T Technology Services Limited |
1.57 |
||
Oracle Financial Services Software Limited |
1.40 |
||
KPIT Technologies Limited |
1.18 |
||
Intellect Design Arena Limited |
0.99 |
||
Metals & Mining |
3.48 |
||
Jindal Stainless Limited |
1.38 |
||
National Aluminium Company Limited |
1.06 |
||
Vedanta Limited |
1.03 |
||
Oil Gas & Consumable Fuels |
4.52 |
||
Oil India Limited |
2.00 |
||
Hindustan Petroleum Corporation Limited |
1.52 |
||
Petronet LNG Limited |
1.00 |
||
Power |
4.37 |
||
SJVN Limited |
2.09 |
||
NTPC Limited |
1.30 |
||
NLC India Limited |
0.98 |
||
Realty |
4.56 |
||
The Phoenix Mills Limited |
2.43 |
||
Prestige Estates Projects Limited |
1.35 |
||
Brigade Enterprises Limited |
0.78 |
||
Services |
3.67 |
||
Container Corporation of India Limited |
1.43 |
||
GMR Airports Infrastructure Limited |
1.32 |
||
JSW Infrastructure Ltd |
0.92 |
||
Telecommunication |
3.41 |
||
Vodafone Idea Limited |
1.50 |
||
Bharti Hexacom Limited |
1.17 |
||
Indus Towers Limited |
0.73 |
||
Textiles |
1.01 |
||
Page Industries Limited |
1.01 |
||
Mutual Fund Units |
0.39 |
||
ITI Banking & PSU Debt Fund -Direct Plan -Growth Option |
0.39 |
||
Short Term Debt & Net Current Assets |
4.18 |
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.
Face Value per Unit: Rs. 10 unless other wise specified; Data is as of August 31, 2024 unless other wise specified.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully