ITI Small Cap Fund

(An open ended equity scheme predominantly investing in small cap stocks)

CATEGORY OF SCHEME SMALL CAP FUND
INVESTMENT OBJECTIVE The investment objective of the Scheme is to generate capital appreciation by predominantly investing in equity and equity related securities of small cap companies. However, there can be no assurance that the investment objective of the scheme would be achieved.
Inception Date (Date of Allotment): 17-Feb-20
Benchmark: Nifty Smallcap 250 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: 1.95% Direct Plan: 0.19%
Fund Manager Mr. Dhimant Shah (Since 08 August 2022)
Total Experience : 26 years
Mr. Rohan Korde (Since 01 December 2022)
Total Experience: 19 years

AUM (in Rs. Cr):
2026.03
AAUM (in Rs. Cr):
1955.87
% of top 5 holdings:
13.01%
% of top 10 holdings:
22.17%
No. of scrips:
79

Standard Deviation^:
15.63%
Beta^:
0.77
Sharpe Ratio^*:
0.93
Average P/B
7.74
Average P/E
27.07
Portfolio Turnover Ratio
1.29
^Computed for the 3-yr period ended May 31, 2024. Based on monthly return.
* Risk free rate: 6.76 (Source: FIMMDA MIBOR)

Regular Plan (in Rs.)
Direct Plan (in Rs.)
Growth:
25.7470
28.0858
IDCW:
24.8392
27.1744

Name of the Instrument
% to NAV
% to NAV Derivatives

Equity & Equity Related Total

93.67

3.75

Automobile and Auto Components

5.26

Exide Industries Limited

1.78

Maruti Suzuki India Limited

1.07

ZF Commercial Vehicle Control Systems India Limited

0.90

Sundram Fasteners Limited

0.76

MRF Limited

0.76

Capital Goods

24.98

Bharat Dynamics Limited

2.89

Kirloskar Oil Engines Limited

2.55

Jyoti CNC Automation Ltd

1.93

Exicom Tele-Systems Ltd

1.90

Kirloskar Pneumatic Company Limited

1.69

Titagarh Rail Systems Limited

1.66

Inox Wind Limited

1.50

KSB Limited

1.45

Apar Industries Limited

1.41

Ingersoll Rand (India) Limited

1.31

Kaynes Technology India Limited

1.31

Hi-Tech Pipes Limited

1.27

Mazagon Dock Shipbuilders Limited

1.21

Welspun Corp Limited

1.07

Praj Industries Limited

0.95

JNK India Limited

0.88

Chemicals

2.51

Solar Industries India Limited

1.37

Sumitomo Chemical India Limited

1.14

Construction

4.29

NCC Limited

2.64

PNC Infratech Limited

1.65

Construction Materials

1.80

Birla Corporation Limited

0.91

JK Cement Limited

0.89

Consumer Durables

4.96

PG Electroplast Limited

1.39

Blue Star Limited

1.37

Dixon Technologies (India) Limited

1.18

Century Plyboards (India) Limited

1.02

Consumer Services

3.15

Zomato Limited

1.22

Wonderla Holidays Limited

1.01

Taj GVK Hotels & Resorts Limited

0.92

Fast Moving Consumer Goods

3.15

Radico Khaitan Limited

1.19

ITC Limited

0.99

Tata Consumer Products Limited

0.96

Financial Services

16.40

2.54

Central Depository Services (India) Limited

1.20

Bank of Maharashtra

1.14

Karur Vysya Bank Limited

1.12

Computer Age Management Services Limited

1.08

BSE Limited

1.08

Indian Bank

1.07

Canara Bank

1.04

Bank of Baroda

1.03

The Jammu & Kashmir Bank Limited

0.99

IndusInd Bank Limited

0.98

DCB Bank Limited

0.94

REC Limited

0.91

1.02

IDFC Limited

0.83

The Karnataka Bank Limited

0.79

CreditAccess Grameen Limited

0.77

Home First Finance Company India Limited

0.67

CSB Bank Limited

0.58

RBL Bank Limited

0.16

0.71

State Bank of India

0.81

Forest Materials

1.34

Century Textiles & Industries Limited

1.34

Healthcare

7.26

JB Chemicals & Pharmaceuticals Limited

1.41

Sun Pharmaceutical Industries Limited

1.21

Global Health Limited

1.05

Mankind Pharma Limited

1.00

Ami Organics Limited

0.95

Suven Pharmaceuticals Limited

0.89

Aster DM Healthcare Limited

0.76

Information Technology

4.42

KPIT Technologies Limited

1.67

Cyient Limited

1.53

Birlasoft Limited

1.22

Metals & Mining

5.08

1.21

Jindal Stainless Limited

3.01

National Aluminium Company Limited

1.07

Tata Steel Limited

1.00

0.25

Vedanta Limited

0.97

Oil Gas & Consumable Fuels

0.87

Hindustan Petroleum Corporation Limited

0.87

Power

1.15

KPI Green Energy Limited

1.15

Realty

1.86

Brigade Enterprises Limited

1.86

Services

0.85

VRL Logistics Limited

0.85

Telecommunication

2.01

Vodafone Idea Limited

1.19

Route Mobile Limited

0.82

Textiles

2.33

Arvind Limited

1.40

Raymond Limited

0.94

Mutual Fund Units

0.40

ITI Dynamic Bond Fund -Direct Plan -Growth Option

0.23

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

0.17

Short Term Debt & Net Current Assets

2.18

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
64.3%
58.4%
22.9%
16,456
15,864
12,302
Last 3 Years
21.2%
26.0%
14.4%
17,829
20,016
14,991
Since Inception
24.7%
30.7%
17.1%
25,747
31,561
19,682
Direct - Growth
Last 1 Year
67.2%
58.4%
22.9%
16,749
15,864
12,302
Last 3 Years
23.6%
26.0%
14.4%
18,905
20,016
14,991
Since Inception
27.2%
30.7%
17.1%
28,086
31,561
19,682

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 5 years period has not been provided, since scheme is in existence for less than 5 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 Small Cap 250 TRI Additional Benchmark: Nifty 50 TRI. Fund Managers: Mr. Dhimant Shah (Managing since 08-August-2022) and Mr. Rohan Korde (Managing since 01-December-2022). Inception date of the scheme (Since 17-Feb-20). Face Value per unit: Rs. 10. ITI Small Cap Fund NAV as on May 31, 2024: Rs. 24.8789 (Regular Growth Option), Rs. 27.0983 (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
156,265
60.46%
147,065
44.35%
133,075
20.83%
Last 3 Years
360,000
587,707
34.59%
563,741
31.42%
455,493
15.90%
Since Inception
510,000
998,964
32.72%
1,060,389
35.81%
759,072
18.93%
Direct - Growth
Last 1 Year
120,000
157,872
63.32%
147,065
44.35%
133,075
20.83%
Last 3 Years
360,000
605,854
36.92%
563,741
31.42%
455,493
15.90%
Since Inception
510,000
1,049,018
35.25%
1,060,389
35.81%
759,072
18.93%

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 Smallcap 250 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
  • Investment in a diversified Portfolio predominantly consists of equity and equity related instruments of small 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 Smallcap 250 TRI

Face Value per Unit: Rs. 10 unless other wise specified; Data is as of May 31, 2024 unless other wise specified.

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