ITI Long Term Equity Fund Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (25-Jul-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹363 Cr
Expense Ratio
0.48%
ISIN
INF00XX01390
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
18 Oct 2019
About this fund
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹26.75, Assets Under Management (AUM) of 363.38 Crores, and an expense ratio of 0.48%.
- ITI Long Term Equity Fund Direct Growth has given a CAGR return of 22.91% since inception.
- The fund's asset allocation comprises around 98.27% in equities, 0.00% in debts, and 1.73% in cash & cash equivalents.
- You can start investing in ITI Long Term Equity Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+55.51%
+37.41% (Cat Avg.)
3 Years
+21.28%
+19.51% (Cat Avg.)
Since Inception
+22.91%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹357.11 Cr | 98.27% |
| Others | ₹6.27 Cr | 1.73% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Bharti Airtel Ltd (Partly Paid Rs.1.25) | Equity | ₹18.11 Cr | 4.98% |
| Zomato Ltd | Equity | ₹14.56 Cr | 4.01% |
| Larsen & Toubro Ltd | Equity | ₹14.2 Cr | 3.91% |
| Trent Ltd | Equity | ₹14.16 Cr | 3.90% |
| InterGlobe Aviation Ltd | Equity | ₹12.83 Cr | 3.53% |
| Bharti Airtel Ltd | Equity | ₹12.24 Cr | 3.37% |
| Jindal Stainless Ltd | Equity | ₹11.55 Cr | 3.18% |
| KEI Industries Ltd | Equity | ₹11.55 Cr | 3.18% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹11.35 Cr | 3.12% |
| TVS Motor Co Ltd | Equity | ₹10.23 Cr | 2.82% |
| Arvind Ltd | Equity | ₹10.12 Cr | 2.78% |
| ICICI Bank Ltd | Equity | ₹9.32 Cr | 2.56% |
| Sobha Ltd | Equity | ₹8.86 Cr | 2.44% |
| State Bank of India | Equity | ₹8.71 Cr | 2.40% |
| Century Textiles & Industries Ltd | Equity | ₹8.35 Cr | 2.30% |
| Axis Bank Ltd | Equity | ₹7.92 Cr | 2.18% |
| Jana Small Finance Bank Ltd | Equity | ₹7.76 Cr | 2.14% |
| NTPC Ltd | Equity | ₹7.61 Cr | 2.09% |
| Tata Consultancy Services Ltd | Equity | ₹7.41 Cr | 2.04% |
| Finolex Industries Ltd | Equity | ₹7.16 Cr | 1.97% |
| JTL Industries Ltd | Equity | ₹6.68 Cr | 1.84% |
| Vodafone Idea Ltd | Equity | ₹6.54 Cr | 1.80% |
| Phoenix Mills Ltd | Equity | ₹6.51 Cr | 1.79% |
| Nava Ltd | Equity | ₹6.28 Cr | 1.73% |
| Net Receivables / (Payables) | Cash | ₹6.27 Cr | 1.73% |
| Ceat Ltd | Equity | ₹6.14 Cr | 1.69% |
| Finolex Cables Ltd | Equity | ₹6.08 Cr | 1.67% |
| Mahindra & Mahindra Ltd | Equity | ₹5.99 Cr | 1.65% |
| CMS Info Systems Ltd | Equity | ₹5.92 Cr | 1.63% |
| Sterling and Wilson Renewable Energy Ltd | Equity | ₹5.71 Cr | 1.57% |
| Tata Motors Ltd | Equity | ₹5.23 Cr | 1.44% |
| HDFC Bank Ltd | Equity | ₹5.07 Cr | 1.40% |
| KPIT Technologies Ltd | Equity | ₹4.93 Cr | 1.36% |
| Jindal Saw Ltd | Equity | ₹4.8 Cr | 1.32% |
| Reliance Industries Ltd | Equity | ₹4.79 Cr | 1.32% |
| ITC Ltd | Equity | ₹4.39 Cr | 1.21% |
| Tega Industries Ltd | Equity | ₹4.11 Cr | 1.13% |
| Pidilite Industries Ltd | Equity | ₹4.08 Cr | 1.12% |
| Bharti Hexacom Ltd | Equity | ₹3.91 Cr | 1.08% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹3.87 Cr | 1.06% |
| Zensar Technologies Ltd | Equity | ₹3.74 Cr | 1.03% |
| CG Power & Industrial Solutions Ltd | Equity | ₹3.68 Cr | 1.01% |
| NLC India Ltd | Equity | ₹3.6 Cr | 0.99% |
| IndusInd Bank Ltd | Equity | ₹3.5 Cr | 0.96% |
| NCC Ltd | Equity | ₹3.16 Cr | 0.87% |
| Bharat Petroleum Corp Ltd | Equity | ₹2.77 Cr | 0.76% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹2.68 Cr | 0.74% |
| DLF Ltd | Equity | ₹2.57 Cr | 0.71% |
| GlaxoSmithKline Pharmaceuticals Ltd | Equity | ₹2.39 Cr | 0.66% |
| Siemens Ltd | Equity | ₹2.32 Cr | 0.64% |
| Bharat Electronics Ltd | Equity | ₹2.3 Cr | 0.63% |
| Dredging Corp of India Ltd | Equity | ₹2.21 Cr | 0.61% |
| TVS Srichakra Ltd | Equity | ₹2.19 Cr | 0.60% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹1.88 Cr | 0.52% |
| Nitin Spinners Ltd | Equity | ₹1.21 Cr | 0.33% |
| Tech Mahindra Ltd | Equity | ₹0.96 Cr | 0.26% |
| eClerx Services Ltd | Equity | ₹0.75 Cr | 0.21% |
| Sobha Limited | Equity | ₹0.17 Cr | 0.05% |
Allocation By Market Cap (Equity)
Large Cap Stocks
55.15%
Mid Cap Stocks
16.37%
Small Cap Stocks
26.71%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Industrials | ₹85.67 Cr | 23.58% |
| Consumer Cyclical | ₹69.83 Cr | 19.22% |
| Financial Services | ₹56.32 Cr | 15.50% |
| Communication Services | ₹42.67 Cr | 11.74% |
| Basic Materials | ₹35.46 Cr | 9.76% |
| Technology | ₹23.5 Cr | 6.47% |
| Real Estate | ₹17.95 Cr | 4.94% |
| Utilities | ₹11.21 Cr | 3.09% |
| Energy | ₹7.56 Cr | 2.08% |
| Consumer Defensive | ₹4.39 Cr | 1.21% |
| Healthcare | ₹2.39 Cr | 0.66% |
Risk & Performance Ratios
Standard Deviation
This fund
12.79%
Cat. avg.
12.52%
Lower the better
Sharpe Ratio
This fund
1.18
Cat. avg.
0.97
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.80
Higher the better
Fund Managers
Dhimant Shah
Since December 2022
Vishal Jajoo
Since May 2023
Additional Scheme Detailsas of 30th June 2024
ISIN | INF00XX01390 | Expense Ratio | 0.48% | Exit Load | No Charges | Fund Size | ₹363 Cr | Age | 18 Oct 2019 | Lumpsum Minimum | ₹500 | Fund Status | Open Ended Investment Company | Benchmark | Nifty 500 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar ELSS (Tax Savings) Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata India Tax Savings Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹4551.18 Cr | 34.0% |
| Tata India Tax Savings Fund Regular Growth Very High Risk | 1.8% | 0.0% | ₹4551.18 Cr | 32.5% |
| Axis Long Term Equity Fund Regular Growth Very High Risk | 1.5% | 0.0% | ₹37106.30 Cr | 29.4% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹3731.20 Cr | 36.0% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹3731.20 Cr | 34.5% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.8% | 0.0% | ₹54.22 Cr | 41.8% |
| Shriram Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹54.22 Cr | 39.5% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹363.38 Cr | 55.5% |
| ITI Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹363.38 Cr | 52.7% |
| Sundaram Diversified Equity Regular Growth Very High Risk | 2.2% | 0.0% | ₹1649.12 Cr | 25.5% |
About the AMC
Other Funds by ITI Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| ITI Focused Equity Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹445.78 Cr | 46.7% |
| ITI Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹75.50 Cr | 7.1% |
| ITI Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹229.94 Cr | 7.4% |
| ITI Multi Cap Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹1333.12 Cr | 52.0% |
| ITI Value Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹277.58 Cr | 51.9% |
| ITI Conservative Hybrid Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹14.80 Cr | 8.9% |
| ITI Dynamic Bond Fund Direct Growth Moderate Risk | 0.1% | 0.0% | ₹56.60 Cr | 8.7% |
| ITI Balanced Advantage Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹378.71 Cr | 25.5% |
| ITI Small Cap Fund Direct Growth Very High Risk | 0.2% | 1.0% | ₹2299.93 Cr | 66.6% |
| ITI Large Cap Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹345.64 Cr | 38.8% |
| ITI Banking & PSU Debt Fund Direct Growth Moderate Risk | 0.1% | 0.0% | ₹30.46 Cr | 7.7% |
| ITI Banking and Financial Services Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹271.87 Cr | 13.6% |
| ITI Arbitrage Fund Direct Growth Low Risk | 0.2% | 0.0% | ₹33.58 Cr | 8.3% |
| ITI Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹33.41 Cr | 6.6% |
| ITI Mid Cap Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹1056.68 Cr | 70.2% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹363.38 Cr | 55.5% |
| ITI Pharma and Healthcare Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹173.47 Cr | 45.0% |
| ITI Flexi Cap Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹1116.40 Cr | 50.2% |
Risk Level
Your principal amount will be at Very High Risk
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Who manages the ITI Long Term Equity Fund Direct Growth?
- Dhimant Shah
- Vishal Jajoo
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