ITI Value Fund

(An open-ended equity scheme following a value investment strategy)

CATEGORY OF SCHEME Value
INVESTMENT OBJECTIVE The investment objective of the scheme is to seek to generate long term capital appreciation by investing substantially in a portfolio of equity and equity related instruments by following value investing strategy. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Inception Date (Date of Allotment): 14-June-2021
Benchmark: Nifty 500 TRI
Minimum Application Amount: Rs.5,000/- and in multiples of Rs. 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 · 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: 2.35% Direct Plan: 0.48%
Fund Manager Mr. Rohan Korde (Since 14-Jun-21)
Total Experience: 19 years
Mr. Dhimant Shah (Since 01-Dec-2022)
Total Experience : 26 years

AUM (in Rs. Cr):
262.33
AAUM (in Rs. Cr):
249.40
% of top 5 holdings:
18.22%
% of top 10 holdings:
28.50%
No. of scrips:
71

Standard Deviation^:
13.30%
Beta^:
0.91
Sharpe Ratio^*:
0.99
Average P/B
5.67
Average P/E
23.73
Portfolio Beta
NA
Portfolio Turnover Ratio
1.28
^Computed for the 3-yr period ended June 30, 2024. Based on monthly return. * Risk free rate: 6.86 (Source: FIMMDA MIBOR)

Regular Plan (in Rs.)
Direct Plan (in Rs.)
Growth:
17.2420
18.3749
IDCW:
17.2420
18.3749

Name of the Instrument
% to NAV
% to NAV Derivatives

Equity & Equity Related Total

98.98

Automobile and Auto Components

5.81

Samvardhana Motherson International Limited

1.97

Bosch Limited

1.69

Craftsman Automation Limited

1.22

Sundram Fasteners Limited

0.93

Capital Goods

13.66

ABB India Limited

1.82

Man Industries (India) Limited

1.72

Finolex Cables Limited

1.60

Carborundum Universal Limited

1.22

Avalon Technologies Limited

1.19

Bharat Heavy Electricals Limited

1.19

Jindal Saw Limited

1.15

Mold-Tek Packaging Limited

0.96

JTL Industries Limited

0.94

Finolex Industries Limited

0.94

Transformers And Rectifiers (India) Limited

0.93

Chemicals

2.86

Solar Industries India Limited

1.22

Archean Chemical Industries Limited

1.02

Paradeep Phosphates Limited

0.62

Construction

6.28

Larsen & Toubro Limited

2.53

NCC Limited

1.29

Sterling And Wilson Renewable Energy Limited

1.02

Capacit'e Infraprojects Limited

0.94

IRCON International Limited

0.50

Construction Materials

1.70

Ambuja Cements Limited

1.15

The India Cements Limited

0.55

Consumer Durables

1.87

Titan Company Limited

0.94

Stylam Industries Limited

0.93

Consumer Services

1.75

Wonderla Holidays Limited

1.05

Thomas Cook  (India)  Limited

0.71

Diversified

0.84

Swan Energy Limited

0.84

Fast Moving Consumer Goods

4.55

ITC Limited

2.90

Dabur India Limited

0.97

Jyothy Labs Limited

0.68

Financial Services

20.92

HDFC Bank Limited

4.26

IndusInd Bank Limited

2.02

Axis Bank Limited

1.95

REC Limited

1.92

State Bank of India

1.80

ICICI Bank Limited

1.79

DCB Bank Limited

1.61

Union Bank of India

1.50

Bank of India

1.11

Power Finance Corporation Limited

1.10

Karur Vysya Bank Limited

0.85

Jio Financial Services Limited

0.61

Housing & Urban Development Corporation Limited

0.42

Forest Materials

0.98

West Coast Paper Mills Limited

0.98

Healthcare

3.28

Suven Pharmaceuticals Limited

1.49

Orchid Pharma Limited

1.03

Laurus Labs Limited

0.76

Information Technology

8.35

Infosys Limited

4.03

HCL Technologies Limited

2.00

Affle (India) Limited

1.26

Intellect Design Arena Limited

1.05

Media, Entertainment & Publication

0.69

Sun TV Network Limited

0.69

Metals & Mining

5.75

Jindal Stainless Limited

1.64

Tata Steel Limited

1.37

Steel Authority of India Limited

1.28

Hindustan Zinc Limited

0.74

National Aluminium Company Limited

0.71

Oil Gas & Consumable Fuels

6.93

Reliance Industries Limited

4.49

Coal India Limited

1.32

GAIL (India) Limited

1.12

Power

6.45

NTPC Limited

2.34

SJVN Limited

1.79

KPI Green Energy Limited

1.40

NLC India Limited

0.92

Realty

1.00

Indiabulls Real Estate Limited

1.00

Telecommunication

3.80

Bharti Airtel Limited

1.95

Vodafone Idea Limited

1.85

Utilities

1.49

VA Tech Wabag Limited

1.49

Short Term Debt & Net Current Assets

1.02

Top Ten Holdings

Value of Investment of 10,000
Period
Fund Returns (%)
Benchmark Returns (%)
Additional Benchmark
Returns (%)
Fund ()
Benchmark
()
Additional Benchmark
()
Regular - Growth
Last 1 Year
51.0%
38.8%
26.7%
15,084
13,867
12,666
Last 3 Years
20.1%
20.0%
16.6%
17,314
17,276
15,826
Since Inception
19.6%
19.5%
16.1%
17,242
17,186
15,748
Direct - Growth
Last 1 Year
53.9%
38.8%
26.7%
15,369
13,867
12,666
Last 3 Years
22.6%
20.0%
16.6%
18,432
17,276
15,826
Since Inception
22.1%
19.5%
16.1%
18,375
17,186
15,748

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 500 TRI Additional Benchmark: Nifty 50 TRI. Fund Managers: Mr. Rohan Korde (Managing since 14-Jun-21) and Mr. Dhimant Shah (Managing since 01-December-2022). Inception date of the scheme (14-June-2021). Face Value per unit: Rs. 10. ITI Value Fund NAV as on June 28, 2024: Rs. 17.2420 (Regular Growth Option), Rs. 18.3749 (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
152,025
53.81%
146,039
43.24%
139,256
31.54%
Last 3 Years
360,000
568,708
32.23%
519,822
25.50%
480,654
19.80%
Since Inception
370,000
585,950
31.46%
537,008
25.13%
496,402
19.58%
Direct - Growth
Last 1 Year
120,000
153,653
56.73%
146,039
43.24%
139,256
31.54%
Last 3 Years
360,000
587,701
34.74%
519,822
25.50%
480,654
19.80%
Since Inception
370,000
606,075
33.96%
537,008
25.13%
496,402
19.58%

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 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).
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.

THIS PRODUCT IS SUITABLE FOR INVESTORS WHO ARE SEEKING^

  • Capital appreciation over long term
  • Investments in portfolio predominantly consisting of equity and equity related instruments by following a value investment strategy.

^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 500 Total Return Index

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