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: 2.29% 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):
621.85
AAUM (in Rs. Cr):
621.85
% of top 5 holdings:
11.50%
% of top 10 holdings:
21.05%
No. of scrips:
73

Standard Deviation^:
NA
Beta^:
NA
Sharpe Ratio^*:
NA
Average P/B
8.74
Average P/E
60.35
Portfolio Beta
0.95
^Scheme has not completed 3 years hence NA * Risk free rate: 6.90 (Source: FIMMDA MIBOR)

Regular Plan (in Rs.)
Direct Plan (in Rs.)
Growth:
16.2922
17.3197
IDCW:
16.2922
17.3197

Value of Investment of 10,000
Period
Fund Returns (%)
Benchmark Returns (%)
Additional Benchmark
Returns (%)
Fund ()
Benchmark
()
Additional Benchmark
()
Regular - Growth
Last 1 Year
41.2%
44.8%
21.4%
14,112
14,461
12,130
Since Inception
18.9%
26.1%
15.6%
16,292
19,207
15,045
Direct - Growth
Last 1 Year
44.0%
44.8%
21.4%
14,386
14,461
12,130
Since Inception
21.5%
26.1%
15.6%
17,320
19,207
15,045

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.

Period
Amount Invested
Fund Value
()
Fund Returns
(%)
Benchmark
Value ()
Benchmark
Returns (%)
Additional Benchmark
Value ()
Additional Benchmark
Returns (%)
Regular - Growth
Last 1 Year
1,20,000
1,56,357
61.3%
1,57,053
62.6%
1,40,517
33.5%
Since Inception
3,30,000
4,65,398
26.1%
4,91,959
30.7%
4,18,485
17.7%
Direct - Growth
Last 1 Year
1,20,000
1,58,031
64.3%
1,57,053
62.6%
1,40,517
33.5%
Since Inception
3,30,000
4,79,747
28.6%
4,91,959
30.7%
4,18,485
17.7%

Past performance may or may not be sustained in future and is not a guarantee of future 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. 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

94.55

0.72

Automobile and Auto Components

7.72

Schaeffler India Limited

1.53

TVS Motor Company Limited

1.45

Tube Investments of India Limited

1.42

Bosch Limited

1.34

Samvardhana Motherson International Limited

1.00

Sundram Fasteners Limited

0.98

Capital Goods

20.21

Bharat Dynamics Limited

1.99

ABB India Limited

1.88

Bharat Heavy Electricals Limited

1.69

Bharat Electronics Limited

1.64

Timken India Limited

1.57

Honeywell Automation India Limited

1.43

Hindustan Aeronautics Limited

1.40

Cummins India Limited

1.34

Inox Wind Limited

1.03

AIA Engineering Limited

1.02

Jupiter Wagons Limited

0.89

Suzlon Energy Limited

0.85

Kaynes Technology India Limited

0.82

Carborundum Universal Limited

0.79

Ideaforge Technology Limited

0.75

APL Apollo Tubes Limited

0.65

Finolex Cables Limited

0.49

Chemicals

6.26

Solar Industries India Limited

3.11

Archean Chemical Industries Limited

1.11

Vinati Organics Limited

1.02

Sumitomo Chemical India Limited

1.01

Construction

1.84

IRCON International Limited

0.94

Rail Vikas Nigam Limited

0.89

Construction Materials

1.99

Dalmia Bharat Limited

1.23

JK Cement Limited

0.76

Consumer Durables

1.03

TTK Prestige Limited

1.03

Consumer Services

4.58

Zomato Limited

1.48

Trent Limited

1.18

Westlife Foodworld Limited

1.08

Thomas Cook (India) Limited

0.84

Fast Moving Consumer Goods

1.28

Emami Limited

1.28

Financial Services

18.17

The Federal Bank Limited

2.26

Sundaram Finance Limited

1.92

Power Finance Corporation Limited

1.89

REC Limited

1.87

Indian Bank

1.84

Bank of India

1.82

Union Bank of India

1.82

Muthoot Finance Limited

1.34

Shriram Finance Limited

1.23

Bank of Maharashtra

1.19

Max Financial Services Limited

0.97

Healthcare

8.28

Max Healthcare Institute Limited

2.06

Laurus Labs Limited

2.02

Alkem Laboratories Limited

1.75

Aurobindo Pharma Limited

1.49

Mankind Pharma Limited

0.96

Information Technology

6.96

Persistent Systems Limited

2.04

Coforge Limited

1.82

MphasiS Limited

1.67

KPIT Technologies Limited

0.90

Tata Technologies Ltd

0.52

Metals & Mining

3.19

Jindal Stainless Limited

1.85

NMDC Limited

1.34

Oil Gas & Consumable Fuels

0.43

0.72

IRM Energy Ltd

0.43

Bharat Petroleum Corporation Limited

0.72

Power

4.09

NTPC Limited

1.09

NLC India Limited

1.05

SJVN Limited

0.99

NHPC Limited

0.96

Realty

2.59

The Phoenix Mills Limited

1.46

Brigade Enterprises Limited

1.13

Services

2.33

GMR Airports Infrastructure Limited

1.33

Container Corporation of India Limited

1.01

Telecommunication

1.24

Tata Communications Limited

1.24

Textiles

2.39

Page Industries Limited

1.58

Ganesha Ecosphere Limited

0.81

Mutual Fund Units

0.68

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

0.68

Short Term Debt & Net Current Assets

4.06

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 December 29, 2023 unless other wise specified.

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