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 ยท 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: 2.34% Direct Plan: 0.44%
Fund Manager

Mr. Dhimant Shah (Since 01-October-2022)
Total Experience: 26 years
Mr. Rohan Korde (Since 29-April-2022)
Total Experience: 19 years

AUM (in Rs. Cr):
206.38
AAUM (in Rs. Cr):
206.34
% of top 5 holdings:
33.48%
% of top 10 holdings:
48.87%
No. of scrips:
46

Standard Deviation^:
NA
Beta^:
NA
Sharpe Ratio^*:
NA
Average P/B
5.80
Average P/E
30.77
Portfolio Beta
0.96
^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:
13.0196
13.7568
IDCW:
13.0196
13.7568

Name of the Instrument
% to NAV
% to NAV Derivatives

Equity & Equity Related Total

97.86

1.03

Automobile and Auto Components

6.74

Maruti Suzuki India Limited

2.07

Mahindra & Mahindra Limited

1.39

Tata Motors Limited

1.24

TVS Motor Company Limited

1.06

Bosch Limited

0.98

Capital Goods

2.61

Hindustan Aeronautics Limited

1.38

Bharat Dynamics Limited

1.23

Chemicals

2.07

PI Industries Limited

1.16

Gujarat Fluorochemicals Limited

0.90

Construction

3.42

Larsen & Toubro Limited

3.42

Construction Materials

2.51

Ambuja Cements Limited

1.40

Grasim Industries Limited

1.11

Consumer Durables

3.20

Titan Company Limited

3.20

Consumer Services

1.33

Avenue Supermarts Limited

1.33

Fast Moving Consumer Goods

7.29

1.03

ITC Limited

5.91

Dabur India Limited

1.38

Nestle India Limited

1.03

Financial Services

35.09

HDFC Bank Limited

8.18

ICICI Bank Limited

7.80

Kotak Mahindra Bank Limited

3.27

Axis Bank Limited

2.79

State Bank of India

2.70

Bank of Baroda

2.08

IndusInd Bank Limited

1.95

The Karnataka Bank Limited

1.55

SBI Life Insurance Company Limited

1.37

ICICI Lombard General Insurance Company Limited

1.18

Housing Development Finance Corporation Limited

1.16

Canara Bank

1.06

Healthcare

5.03

Sun Pharmaceutical Industries Limited

2.33

Mankind Pharma Limited

1.60

Cipla Limited

1.10

Information Technology

9.25

Infosys Limited

3.69

Tata Consultancy Services Limited

2.05

HCL Technologies Limited

1.85

LTIMindtree Limited

1.65

Metals & Mining

1.24

Hindalco Industries Limited

1.24

Oil Gas & Consumable Fuels

9.87

Reliance Industries Limited

7.89

Coal India Limited

1.09

Gujarat State Petronet Limited

0.88

Power

3.02

NTPC Limited

1.99

Power Grid Corporation of India Limited

1.03

Realty

0.89

DLF Limited

0.89

Services

1.29

InterGlobe Aviation Limited

1.29

Telecommunication

2.67

Bharti Airtel Limited

2.67

Textiles

0.34

Ganesha Ecosphere Limited

0.34

Short Term Debt & Net Current Assets

1.11

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
120000
131655
18.63%
130272
16.36%
131535
18.43%
Since Inception
300000
335761
8.99%
345046
11.24%
350282
12.49%
Direct - Growth
Last 1 Year
120000
133101
21.00%
130272
16.36%
131535
18.43%
Since Inception
300000
345267
11.29%
345046
11.24%
350282
12.49%

Past performance may or may not be sustained in future. 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
23.38%
21.11%
22.91%
12,338
12,111
12,291
Since Inception
11.06%
14.90%
15.56%
13,020
14,182
14,387
Direct - Growth
Last 1 Year
25.93%
21.11%
22.91%
12,593
12,111
12,291
Since Inception
13.52%
14.90%
15.56%
13,757
14,182
14,387

Past performance may or may not be sustained in future. 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. Dhimant Shah (Managing since 01 October 2022) and Mr. Rohan Korde (Managing since 29 April 2022). Inception date of the scheme (24-Dec-20). Face Value per unit: Rs. 10.

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 June 30, 2023 unless other wise specified.

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