ITI Mid Cap Fund Direct Growth

Fund Overview

Fund Size

₹1,201 Cr

Expense Ratio

0.38%

ISIN

INF00XX01929

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

10 Mar 2021

About this fund

ITI Mid Cap Fund Direct Growth is a Mid-Cap mutual fund schemes offered by ITI Mutual Fund. This fund has been in existence for 4 years, 3 months and 22 days, having been launched on 10-Mar-21.
As of 01-Jul-25, it has a Net Asset Value (NAV) of ₹23.45, Assets Under Management (AUM) of 1200.64 Crores, and an expense ratio of 0.38%.

ITI Mid Cap Fund Direct Growth has given a CAGR return of 21.88% since inception.
The fund's asset allocation comprises around 97.98% in equities, 0.24% in debts, and 1.78% in cash & cash equivalents.
You can start investing in ITI Mid Cap Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

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

+0.94%

+5.93% (Cat Avg.)

3 Years

+31.64%

+27.90% (Cat Avg.)

Since Inception

+21.88%

— (Cat Avg.)

Portfolio Summaryas of 31st May 2025

Equity	₹1,176.44 Cr	97.98%
Debt	₹2.85 Cr	0.24%
Others	₹21.36 Cr	1.78%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Solar Industries India Ltd	Equity	₹36.62 Cr	3.05%
Max Healthcare Institute Ltd Ordinary Shares	Equity	₹28.85 Cr	2.40%
Indian Bank	Equity	₹27.72 Cr	2.31%
Suzlon Energy Ltd	Equity	₹26.13 Cr	2.18%
Housing & Urban Development Corp Ltd	Equity	₹22.77 Cr	1.90%
PB Fintech Ltd	Equity	₹22 Cr	1.83%
The Federal Bank Ltd	Equity	₹21.86 Cr	1.82%
SRF Ltd	Equity	₹21.29 Cr	1.77%
Fortis Healthcare Ltd	Equity	₹21.25 Cr	1.77%
Sundaram Finance Ltd	Equity	₹20.61 Cr	1.72%
Bharti Hexacom Ltd	Equity	₹19.94 Cr	1.66%
Net Receivables / (Payables)	Cash	₹18.8 Cr	1.57%
Lloyds Metals & Energy Ltd	Equity	₹18.44 Cr	1.54%
GE Vernova T&D India Ltd	Equity	₹18.33 Cr	1.53%
Marico Ltd	Equity	₹18.14 Cr	1.51%
UPL Ltd	Equity	₹17.94 Cr	1.49%
Hindustan Petroleum Corp Ltd	Equity	₹17.86 Cr	1.49%
AWL Agri Business Ltd	Equity	₹17.33 Cr	1.44%
Escorts Kubota Ltd	Equity	₹17.08 Cr	1.42%
TVS Motor Co Ltd	Equity	₹16.75 Cr	1.40%
Persistent Systems Ltd	Equity	₹16.64 Cr	1.39%
REC Ltd	Equity	₹16.45 Cr	1.37%
PTC Industries Ltd	Equity	₹16.09 Cr	1.34%
Wockhardt Ltd	Equity	₹15.89 Cr	1.32%
Emami Ltd	Equity	₹15.86 Cr	1.32%
Coforge Ltd	Equity	₹15.83 Cr	1.32%
Navin Fluorine International Ltd	Equity	₹15.71 Cr	1.31%
Tube Investments of India Ltd Ordinary Shares	Equity	₹15.68 Cr	1.31%
Tata Power Co Ltd	Equity	₹15.67 Cr	1.31%
Bharat Forge Ltd	Equity	₹15.39 Cr	1.28%
Page Industries Ltd	Equity	₹15.23 Cr	1.27%
PG Electroplast Ltd	Equity	₹15.11 Cr	1.26%
IDBI Bank Ltd	Equity	₹15.09 Cr	1.26%
Blue Star Ltd	Equity	₹15 Cr	1.25%
Alkem Laboratories Ltd	Equity	₹14.57 Cr	1.21%
ZF Commercial Vehicle Control Systems India Ltd	Equity	₹14.53 Cr	1.21%
NTPC Ltd	Equity	₹14.48 Cr	1.21%
Mahindra & Mahindra Financial Services Ltd	Equity	₹13.95 Cr	1.16%
Schaeffler India Ltd	Equity	₹13.79 Cr	1.15%
JK Cement Ltd	Equity	₹13.76 Cr	1.15%
Jyoti CNC Automation Ltd	Equity	₹13.54 Cr	1.13%
KFin Technologies Ltd	Equity	₹13.48 Cr	1.12%
Supreme Industries Ltd	Equity	₹13.35 Cr	1.11%
Mankind Pharma Ltd	Equity	₹13.33 Cr	1.11%
Nippon Life India Asset Management Ltd Ordinary Shares	Equity	₹13.17 Cr	1.10%
Container Corporation of India Ltd	Equity	₹13.17 Cr	1.10%
Aditya Birla Capital Ltd	Equity	₹13.11 Cr	1.09%
Bharat Heavy Electricals Ltd	Equity	₹12.82 Cr	1.07%
L&T Technology Services Ltd	Equity	₹12.27 Cr	1.02%
Hindustan Aeronautics Ltd Ordinary Shares	Equity	₹12.26 Cr	1.02%
Shriram Finance Ltd	Equity	₹12.16 Cr	1.01%
Netweb Technologies India Ltd	Equity	₹11.93 Cr	0.99%
Prestige Estates Projects Ltd	Equity	₹11.79 Cr	0.98%
Cholamandalam Investment and Finance Co Ltd	Equity	₹11.69 Cr	0.97%
Phoenix Mills Ltd	Equity	₹11.46 Cr	0.95%
Oracle Financial Services Software Ltd	Equity	₹11.38 Cr	0.95%
Lupin Ltd	Equity	₹11.24 Cr	0.94%
Premier Energies Ltd	Equity	₹11.13 Cr	0.93%
Power Finance Corp Ltd	Equity	₹10.98 Cr	0.91%
Aurobindo Pharma Ltd	Equity	₹10.92 Cr	0.91%
Jindal Steel & Power Ltd	Equity	₹10.86 Cr	0.90%
PNB Housing Finance Ltd	Equity	₹10.85 Cr	0.90%
Trent Ltd	Equity	₹10.63 Cr	0.89%
Anant Raj Ltd	Equity	₹10.58 Cr	0.88%
GlaxoSmithKline Pharmaceuticals Ltd	Equity	₹10.45 Cr	0.87%
Engineers India Ltd	Equity	₹10.35 Cr	0.86%
Kirloskar Oil Engines Ltd	Equity	₹10.28 Cr	0.86%
Mazagon Dock Shipbuilders Ltd	Equity	₹10.19 Cr	0.85%
Aegis Vopak Terminals Ltd	Equity	₹10.18 Cr	0.85%
Granules India Ltd	Equity	₹9.95 Cr	0.83%
Timken India Ltd	Equity	₹9.91 Cr	0.83%
Afcons Infrastructure Ltd	Equity	₹9.88 Cr	0.82%
KPIT Technologies Ltd	Equity	₹9.34 Cr	0.78%
HDFC Life Insurance Co Ltd	Equity	₹9.25 Cr	0.77%
Abbott India Ltd	Equity	₹9.19 Cr	0.77%
Arvind Ltd	Equity	₹9.17 Cr	0.76%
H.G. Infra Engineering Ltd Ordinary Shares	Equity	₹9.07 Cr	0.76%
NLC India Ltd	Equity	₹9.05 Cr	0.75%
Treps 02-Jun-2025	Cash - Repurchase Agreement	₹9.05 Cr	0.75%
Honeywell Automation India Ltd	Equity	₹8.87 Cr	0.74%
Balkrishna Industries Ltd	Equity	₹8.43 Cr	0.70%
Cash Offset For Derivatives	Cash - General Offset	₹-8.43 Cr	0.70%
National Aluminium Co Ltd	Equity	₹7.84 Cr	0.65%
Protean eGov Technologies Ltd	Equity	₹5.68 Cr	0.47%
Sterling and Wilson Renewable Energy Ltd	Equity	₹5.17 Cr	0.43%
ITI Banking & PSU Dir Gr	Mutual Fund - Open End	₹4.78 Cr	0.40%
Mahindra &Mah Fin	Equity	₹0.44 Cr	0.04%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Industrials	₹263.28 Cr	21.93%
Financial Services	₹241.65 Cr	20.13%
Healthcare	₹145.64 Cr	12.13%
Technology	₹127.97 Cr	10.66%
Basic Materials	₹121.18 Cr	10.09%
Consumer Cyclical	₹103.93 Cr	8.66%
Consumer Defensive	₹51.33 Cr	4.28%
Utilities	₹39.2 Cr	3.27%
Real Estate	₹33.83 Cr	2.82%
Energy	₹28.05 Cr	2.34%
Communication Services	₹19.94 Cr	1.66%

Risk & Performance Ratios

Fund Managers

Dhimant Shah

Since October 2022

Rohan Korde

Since April 2022

Additional Scheme Detailsas of 31st May 2025

ISIN

INF00XX01929

Expense Ratio

0.38%

Exit Load

No Charges

Fund Size

₹1,201 Cr

Age

4 years 3 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty Midcap 150 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

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Mid-Cap Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Kotak Nifty Midcap 150 ETF Very High Risk	0.1%	-	₹1.66 Cr	-
Helios Mid Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹97.67 Cr	-
Helios Mid Cap Fund Regular Growth Very High Risk	2.4%	1.0%	₹97.67 Cr	-
ICICI Prudential Nifty Midcap 150 ETF Very High Risk	0.1%	-	₹465.60 Cr	4.8%
ICICI Prudential Midcap Select ETF Very High Risk	0.1%	-	₹87.19 Cr	2.6%
Zerodha Nifty Midcap 150 ETF Very High Risk	0.2%	-	₹81.69 Cr	5.3%
LIC MF Nifty Midcap 100 ETF Very High Risk	0.2%	-	₹712.43 Cr	6.4%
HDFC NIFTY Midcap 150 ETF Very High Risk	0.2%	-	₹88.82 Cr	4.7%
UTI Nifty Midcap 150 ETF Very High Risk	0.2%	-	₹9.80 Cr	4.7%
Invesco India Mid Cap Fund Regular Growth Very High Risk	1.8%	1.0%	₹6641.11 Cr	17.3%
HSBC Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹11469.74 Cr	7.7%
Canara Robeco Mid Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹2961.56 Cr	5.6%
Canara Robeco Mid Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹2961.56 Cr	7.0%
ICICI Prudential Midcap Fund Direct Growth Very High Risk	1.1%	1.0%	₹6420.71 Cr	7.0%
Nippon India Growth Fund Direct Growth Very High Risk	0.7%	1.0%	₹36836.07 Cr	10.2%
Edelweiss Mid Cap Fund Direct Growth Very High Risk	0.4%	1.0%	₹10027.89 Cr	13.3%
Invesco India Mid Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹6641.11 Cr	18.7%
Kotak Emerging Equity Scheme Direct Growth Very High Risk	0.4%	1.0%	₹53463.94 Cr	9.1%
JM Midcap Fund Regular Growth Very High Risk	2.0%	1.0%	₹1396.31 Cr	-0.6%
JM Midcap Fund Direct Growth Very High Risk	0.5%	1.0%	₹1396.31 Cr	1.1%
Mirae Asset Nifty Midcap 150 ETF Very High Risk	0.1%	-	₹1072.66 Cr	4.8%
DSP Midcap Fund Regular Growth Very High Risk	1.7%	1.0%	₹18712.25 Cr	4.9%
Kotak Emerging Equity Scheme Regular Growth Very High Risk	1.4%	1.0%	₹53463.94 Cr	8.0%
ICICI Prudential Midcap Select ETF Very High Risk	0.1%	-	₹79.99 Cr	36.3%
ICICI Prudential Nifty Midcap 150 ETF Very High Risk	0.1%	-	₹424.94 Cr	26.8%
HDFC Mid-Cap Opportunities Fund Regular Growth Very High Risk	1.4%	1.0%	₹79717.67 Cr	8.2%
Nippon India ETF Nifty Midcap 150 Very High Risk	0.2%	-	₹2223.94 Cr	4.6%
UTI Mid Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹11642.99 Cr	3.9%
Axis Midcap Fund Direct Growth Very High Risk	0.5%	1.0%	₹30501.51 Cr	5.9%
HDFC Mid-Cap Opportunities Fund Direct Growth Very High Risk	0.8%	1.0%	₹79717.67 Cr	8.9%
Aditya Birla Sun Life Mid Cap Fund Direct Growth Very High Risk	1.1%	1.0%	₹5922.32 Cr	5.0%
Baroda BNP Paribas Mid Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹2136.80 Cr	2.3%
SBI Magnum Midcap Fund Direct Growth Very High Risk	0.8%	1.0%	₹22406.12 Cr	2.9%
Sundaram Mid Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹12344.49 Cr	8.4%
Tata Mid Cap Growth Fund Direct Growth Very High Risk	0.7%	1.0%	₹4701.47 Cr	0.7%
Taurus Discovery (Midcap) Fund Direct Growth Very High Risk	2.2%	1.0%	₹128.00 Cr	0.3%
DSP Midcap Fund Direct Growth Very High Risk	0.8%	1.0%	₹18712.25 Cr	4.4%
Quant Mid Cap Fund Direct Growth Very High Risk	0.6%	0.0%	₹9031.52 Cr	-9.0%
Franklin India Prima Fund Direct Growth Very High Risk	0.9%	1.0%	₹12285.44 Cr	7.6%
Motilal Oswal Nifty Midcap 100 ETF Very High Risk	0.2%	-	₹644.20 Cr	6.6%
Union Midcap Fund Regular Growth Very High Risk	2.1%	1.0%	₹1440.27 Cr	4.5%
Union Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹1440.27 Cr	5.9%
Edelweiss Mid Cap Fund Regular Growth Very High Risk	1.7%	1.0%	₹10027.89 Cr	10.0%
Motilal Oswal Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹30401.09 Cr	10.0%
LIC MF Midcap Fund Regular Growth Very High Risk	2.5%	1.0%	₹334.51 Cr	1.5%
LIC MF Midcap Fund Direct Growth Very High Risk	1.3%	1.0%	₹334.51 Cr	2.6%
Kotak Nifty Midcap 50 ETF Very High Risk	0.1%	-	₹68.13 Cr	6.7%
Aditya Birla Sun Life Mid Cap Fund Regular Growth Very High Risk	1.9%	1.0%	₹5922.32 Cr	4.1%
Baroda BNP Paribas Mid Cap Fund Regular Growth Very High Risk	2.0%	1.0%	₹2136.80 Cr	0.8%
ICICI Prudential Midcap Fund Regular Growth Very High Risk	1.9%	1.0%	₹6420.71 Cr	5.2%

About the AMC

ITI Mutual Fund

022-66214999

https://www.itimf.com/

Total AUM

₹9,155 Cr

Address

Mumbai, 400013

Other Funds by ITI Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
ITI Focused Equity Fund Direct Growth Very High Risk	0.7%	0.0%	₹510.76 Cr	8.6%
ITI Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹67.43 Cr	7.1%
ITI Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹164.10 Cr	7.7%
ITI Multi Cap Fund Direct Growth Very High Risk	0.5%	0.0%	₹1200.64 Cr	2.1%
ITI Value Fund Direct Growth Very High Risk	0.6%	0.0%	₹323.27 Cr	-0.9%
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%	₹39.11 Cr	9.5%
ITI Balanced Advantage Fund Direct Growth Moderately High risk	0.6%	0.0%	₹395.22 Cr	8.5%
ITI Small Cap Fund Direct Growth Very High Risk	0.6%	0.0%	₹2504.41 Cr	5.5%
ITI Large Cap Fund Direct Growth Very High Risk	0.6%	0.0%	₹538.94 Cr	1.9%
ITI Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹35.81 Cr	8.9%
ITI Banking and Financial Services Fund Direct Growth Very High Risk	0.7%	0.0%	₹306.69 Cr	13.4%
ITI Arbitrage Fund Direct Growth Low Risk	0.2%	0.0%	₹47.66 Cr	7.6%
ITI Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹30.59 Cr	6.2%
ITI Mid Cap Fund Direct Growth Very High Risk	0.4%	0.0%	₹1200.64 Cr	0.9%
ITI Long Term Equity Fund Direct Growth Very High Risk	0.6%	0.0%	₹418.87 Cr	4.7%
ITI Pharma and Healthcare Fund Direct Growth Very High Risk	0.5%	0.0%	₹220.85 Cr	17.6%
ITI Flexi Cap Fund Direct Growth Very High Risk	0.4%	0.0%	₹1135.49 Cr	3.7%

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
We're here to help.

What is the current NAV of ITI Mid Cap Fund Direct Growth?

The NAV of ITI Mid Cap Fund Direct Growth, as of 01-Jul-2025, is ₹23.45.

What are the returns of ITI Mid Cap Fund Direct Growth?

The fund has generated 0.94% over the last 1 year and 31.64% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of ITI Mid Cap Fund Direct Growth?

The fund's allocation of assets is distributed as 97.98% in equities, 0.24% in bonds, and 1.78% in cash and cash equivalents.

Who manages the ITI Mid Cap Fund Direct Growth?

The fund managers responsible for ITI Mid Cap Fund Direct Growth are:-

Dhimant Shah
Rohan Korde

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹1,201 Cr

Expense Ratio

0.38%

ISIN

INF00XX01929

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

10 Mar 2021

Risk Level

Your principal amount will be at Very High Risk