| 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): | 981.47 |
| AAUM (in Rs. Cr): | 940.39 |
| % of top 5 holdings: | 11.42% |
| % of top 10 holdings: | 20.67% |
| No. of scrips: | 80 |
| Standard Deviation^: | 14.29% |
| Beta^: | 0.88 |
| Sharpe Ratio^*: | 1.20 |
| Average P/B | 8.94 |
| Average P/E | 29.67 |
| Portfolio Turnover Ratio | 1.19 |
^Computed for the 3-yr period ended June 30, 2024. Based on monthly return. * Risk free rate: 6.76 (Source: FIMMDA MIBOR) |
|
Regular Plan
(in Rs.) |
Direct Plan
(in Rs.) |
|
| Growth: | 21.5011 |
23.0580 |
| IDCW: | 20.5446 |
22.0959 |
Value of Investment of 10,000 |
||||||
| Period | Fund Returns (%) |
Benchmark Returns (%) |
Additional Benchmark Returns (%) |
Fund () |
Benchmark () |
Additional Benchmark () |
Regular - Growth |
||||||
| Last 1 Year | 69.0% |
56.6% |
26.7% |
16,874 |
15,644 |
12,666 |
| Last 3 Years | 24.0% |
28.0% |
16.6% |
19,066 |
20,945 |
15,826 |
| Since Inception | 26.0% |
29.4% |
16.8% |
21,501 |
23,490 |
16,743 |
Direct - Growth |
||||||
| Last 1 Year | 72.1% |
56.6% |
26.7% |
17,182 |
15,644 |
12,666 |
| Last 3 Years | 26.6% |
28.0% |
16.6% |
20,292 |
20,945 |
15,826 |
| Since Inception | 28.6% |
29.4% |
16.8% |
23,058 |
23,490 |
16,743 |
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 June 28, 2024: Rs. 21.5011 (Regular Growth Option), Rs. 23.0580 (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 |
163,992 |
75.57% |
154,036 |
57.41% |
139,256 |
31.54% |
| Last 3 Years | 360,000 |
621,253 |
39.05% |
601,347 |
36.51% |
480,654 |
19.80% |
| Since Inception | 400,000 |
706,028 |
36.16% |
693,545 |
34.94% |
547,298 |
19.26% |
Direct - Growth |
|||||||
| Last 1 Year | 120,000 |
165,694 |
78.73% |
154,036 |
57.41% |
139,256 |
31.54% |
| Last 3 Years | 360,000 |
641,791 |
41.61% |
601,347 |
36.51% |
480,654 |
19.80% |
| Since Inception | 400,000 |
732,448 |
38.70% |
693,545 |
34.94% |
547,298 |
19.26% |
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 |
95.74 |
||
Automobile and Auto Components |
9.10 |
||
Samvardhana Motherson International Limited |
2.01 |
||
Tube Investments of India Limited |
1.55 |
||
Schaeffler India Limited |
1.32 |
||
Sona BLW Precision Forgings Limited |
1.17 |
||
Popular Vehicles and Services Limited |
0.85 |
||
Sundram Fasteners Limited |
0.84 |
||
TVS Motor Company Limited |
0.81 |
||
ZF Commercial Vehicle Control Systems India Limited |
0.56 |
||
Capital Goods |
21.39 |
||
Cummins India Limited |
1.90 |
||
Bharat Dynamics Limited |
1.71 |
||
ABB India Limited |
1.61 |
||
Timken India Limited |
1.60 |
||
Suzlon Energy Limited |
1.56 |
||
Hindustan Aeronautics Limited |
1.55 |
||
Honeywell Automation India Limited |
1.40 |
||
Bharat Heavy Electricals Limited |
1.39 |
||
Bharat Electronics Limited |
1.36 |
||
Jyoti CNC Automation Ltd |
1.22 |
||
AIA Engineering Limited |
1.13 |
||
Astral Limited |
1.10 |
||
Jindal Saw Limited |
1.02 |
||
Inox Wind Limited |
0.83 |
||
Jupiter Wagons Limited |
0.73 |
||
Man Industries (India) Limited |
0.69 |
||
Kaynes Technology India Limited |
0.60 |
||
Chemicals |
3.65 |
||
Solar Industries India Limited |
2.83 |
||
Paradeep Phosphates Limited |
0.83 |
||
Construction |
1.39 |
||
Sterling And Wilson Renewable Energy Limited |
0.89 |
||
IRCON International Limited |
0.50 |
||
Construction Materials |
1.57 |
||
Dalmia Bharat Limited |
1.02 |
||
The India Cements Limited |
0.55 |
||
Consumer Services |
2.75 |
||
Trent Limited |
1.07 |
||
Zomato Limited |
0.86 |
||
Westlife Foodworld Limited |
0.82 |
||
Fast Moving Consumer Goods |
0.73 |
||
ITC Limited |
0.73 |
||
Financial Services |
14.43 |
||
The Federal Bank Limited |
1.76 |
||
Sundaram Finance Limited |
1.63 |
||
REC Limited |
1.63 |
||
Indian Bank |
1.58 |
||
Bank of India |
1.24 |
||
Power Finance Corporation Limited |
1.18 |
||
Mahindra & Mahindra Financial Services Limited |
1.15 |
||
Union Bank of India |
1.06 |
||
Bank of Maharashtra |
0.98 |
||
Indian Renewable Energy Development Agency Limited |
0.90 |
||
Shriram Finance Limited |
0.89 |
||
Housing & Urban Development Corporation Limited |
0.42 |
||
Healthcare |
8.31 |
||
Max Healthcare Institute Limited |
2.15 |
||
Lupin Limited |
2.05 |
||
Syngene International Limited |
1.38 |
||
Gland Pharma Limited |
1.11 |
||
Biocon Limited |
0.98 |
||
GlaxoSmithKline Pharmaceuticals Limited |
0.64 |
||
Information Technology |
7.47 |
||
MphasiS Limited |
1.48 |
||
L&T Technology Services Limited |
1.46 |
||
Persistent Systems Limited |
1.36 |
||
KPIT Technologies Limited |
1.23 |
||
Oracle Financial Services Software Limited |
1.08 |
||
Intellect Design Arena Limited |
0.87 |
||
Media, Entertainment & Publication |
0.70 |
||
Sun TV Network Limited |
0.70 |
||
Metals & Mining |
4.52 |
||
Jindal Stainless Limited |
1.65 |
||
Steel Authority of India Limited |
1.32 |
||
NMDC Limited |
0.83 |
||
National Aluminium Company Limited |
0.72 |
||
Oil Gas & Consumable Fuels |
3.55 |
||
Oil India Limited |
1.50 |
||
Hindustan Petroleum Corporation Limited |
0.97 |
||
Indian Oil Corporation Limited |
0.86 |
||
IRM Energy Ltd |
0.23 |
||
Power |
5.83 |
||
SJVN Limited |
2.23 |
||
NHPC Limited |
1.46 |
||
JSW Energy Limited |
1.10 |
||
NTPC Limited |
1.05 |
||
Realty |
5.47 |
||
The Phoenix Mills Limited |
2.17 |
||
Prestige Estates Projects Limited |
1.25 |
||
Brigade Enterprises Limited |
1.08 |
||
Oberoi Realty Limited |
0.97 |
||
Services |
0.90 |
||
Container Corporation of India Limited |
0.90 |
||
Telecommunication |
3.97 |
||
Vodafone Idea Limited |
1.87 |
||
Bharti Hexacom Limited |
1.20 |
||
Tata Communications Limited |
0.90 |
||
Mutual Fund Units |
0.45 |
||
ITI Banking & PSU Debt Fund -Direct Plan -Growth Option |
0.45 |
||
Short Term Debt & Net Current Assets |
3.81 |
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 June 30, 2024 unless other wise specified.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully