ITI Long Term Equity Fund

(An open ended equity linked saving scheme with a statutory lock-in of 3 years and tax benefit)

CATEGORY OF SCHEME ELSS Fund
INVESTMENT OBJECTIVE To provide long-term capital appreciation by investing predominantly in equity and equity related securities. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.
Inception Date (Date of Allotment): 18-Oct-19
Benchmark: Nifty 500 TRI
Minimum Application Amount: Rs. 500/- and in multiples of Rs. 500/- thereafter
Load Structure: Entry Load: Nil
Exit Load: Nil
Total Expense Ratio (TER):

Including Additional Expenses and Goods and Service Tax on Management Fees
Regular Plan: 2.30% Direct Plan: 0.50%
Fund Manager Mr. Vishal Jajoo (Since 05 May 2023)
Total Experience: 15 years
Mr. Dhimant Shah (Since 01 December
2022) Total Experience : 26 years

AUM (in Rs. Cr):
178.54
AAUM (in Rs. Cr):
174.49
% of top 5 holdings:
21.09%
% of top 10 holdings:
33.02%
No. of scrips:
73

Standard Deviation^:
14.72%
Beta^:
0.87
Sharpe Ratio^*:
1.02
Average P/B
5.28
Average P/E
32.97
^Computed for the 3-yr period ended May 31,, 2023. Based on daily NAV.
* Risk free rate: 6.40 (Source: FIMMDA MIBOR)

Regular Plan (in Rs.)
Direct Plan (in Rs.)
Growth:
14.8551
16.0374
IDCW:
14.2054
15.3539

Name of the Instrument
% to NAV
% to NAV Derivatives

Equity & Equity Related Total

97.21

Automobile and Auto Components

7.01

Mahindra CIE Automotive Limited

2.09

Maruti Suzuki India Limited

1.27

TVS Motor Company Limited

1.06

Bosch Limited

0.96

Asahi India Glass Limited

0.90

ZF Commercial Vehicle Control Systems India Limited

0.73

Capital Goods

7.66

Usha Martin Limited

1.31

Hindustan Aeronautics Limited

1.11

Bharat Dynamics Limited

1.03

Siemens Limited

0.98

Prince Pipes And Fittings Limited

0.94

Ashok Leyland Limited

0.94

Bharat Electronics Limited

0.74

Astral Limited

0.61

Chemicals

3.73

Gujarat Fluorochemicals Limited

1.44

Pidilite Industries Limited

1.19

PCBL Limited

0.69

Astec LifeSciences Limited

0.41

Construction

3.34

Larsen & Toubro Limited

1.78

PNC Infratech Limited

1.56

Construction Materials

3.13

Ambuja Cements Limited

1.07

UltraTech Cement Limited

1.06

Dalmia Bharat Limited

1.00

Consumer Durables

3.24

Titan Company Limited

1.81

La Opala RG Limited

0.97

Crompton Greaves Consumer Electricals Limited

0.46

Consumer Services

4.43

Jubilant Foodworks Limited

1.49

Trent Limited

1.04

Aditya Birla Fashion and Retail Limited

1.03

Avenue Supermarts Limited

0.87

Fast Moving Consumer Goods

6.34

ITC Limited

3.13

Emami Limited

1.25

Jyothy Labs Limited

1.01

Hindustan Unilever Limited

0.95

Financial Services

29.42

HDFC Bank Limited

6.06

ICICI Bank Limited

5.01

State Bank of India

3.05

Housing Development Finance Corporation Limited

2.68

Kotak Mahindra Bank Limited

2.13

Ujjivan Financial Services Limited

2.06

Bajaj Finance Limited

1.59

Axis Bank Limited

1.52

SBI Life Insurance Company Limited

1.27

CreditAccess Grameen Limited

1.10

Cholamandalam Investment and Finance Company Ltd

0.94

Max Financial Services Limited

0.77

Sundaram Finance Limited

0.68

Mahindra & Mahindra Financial Services Limited

0.56

Healthcare

2.39

Sun Pharmaceutical Industries Limited

1.40

Aster DM Healthcare Limited

0.99

Information Technology

8.70

Infosys Limited

2.96

Tata Consultancy Services Limited

1.34

LTIMindtree Limited

1.14

HCL Technologies Limited

1.05

KPIT Technologies Limited

1.02

Cyient Limited

0.72

Tech Mahindra Limited

0.47

Media, Entertainment & Publication

0.91

Zee Entertainment Enterprises Limited

0.91

Metals & Mining

3.37

Jindal Stainless Limited

1.97

Tata Steel Limited

0.90

Hindalco Industries Limited

0.50

Oil Gas & Consumable Fuels

6.38

Reliance Industries Limited

3.85

Coal India Limited

1.03

GAIL (India) Limited

0.98

Gulf Oil Lubricants India Limited

0.53

Power

1.36

NTPC Limited

1.36

Realty

0.83

DLF Limited

0.83

Services

1.86

Blue Dart Express Limited

0.76

InterGlobe Aviation Limited

0.66

Redington Limited

0.43

Telecommunication

2.56

Bharti Airtel Limited

2.56

Textiles

0.54

Page Industries Limited

0.54

Short Term Debt & Net Current Assets

2.79

 

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
16.24%
12.74%
12.94%
11,624
11,274
11,294
Last 3 Years
21.13%
27.61%
26.02%
17,792
20,806
20,037
Since Inception
11.56%
16.28%
14.93%
14,855
17,263
16,548
Direct - Growth
Last 1 Year
18.54%
12.74%
12.94%
11,854
11,274
11,294
Last 3 Years
23.71%
27.61%
26.02%
18,954
20,806
20,037
Since Inception
13.94%
16.28%
14.93%
16,037
17,263
16,548

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 500 TRI Additional Benchmark: Nifty 50 TRI. Fund Managers: Mr. Vishal Jajoo (Managing since 05 May, 2023) and Mr. Dhimant Shah (Managing since 01-December-2022). Inception date of the scheme (18-Oct-19). 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
120000
129592
15.22%
127911
12.51%
128147
12.89%
Last 3 Year
360000
422755
10.74%
450845
15.20%
447593
14.70%
Since Inception
430000
533614
12.10%
581171
17.06%
573370
16.27%
Direct - Growth
Last 1 Year
120000
130947
17.43%
127911
12.51%
128147
12.89%
Last 3 Year
360000
437296
13.07%
450845
15.20%
447593
14.70%
Since Inception
430000
556175
14.50%
581171
17.06%
573370
16.27%

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 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.

Record Date
Plan(s) Option(s)
Individuals/ HUF (IDCW)
(Rs per unit)
Others (IDCW)
(Rs per unit)
Cum-IDCW NAV
(Rs per unit)
22-Dec-20
Regular Plan - IDCW Option
0.5000
0.5000
11.4328
22-Dec-20
Direct Plan - IDCW Option
0.5000
0.5000
11.7326

Pursuant to payment of IDCW, the NAV of the IDCW Option(s) of the Scheme/Plan(s) falls to the extent of payout and statutory levy, if any. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. For complete list of IDCW, visit www.itiamc.com.

THIS PRODUCT IS SUITABLE FOR INVESTORS WHO ARE SEEKING^

  • Capital appreciation over long term
  • Investment in equity and equity related securities

^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 TRI

Face Value per Unit: Rs. 10 unless other wise specified; Data is as of May 31, 2023 unless other wise specified.

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