Dezerv

Fund Overview

Fund Size

Fund Size

₹748 Cr

Expense Ratio

Expense Ratio

0.43%

ISIN

ISIN

INF00XX01929

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

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 3 years, 1 months and 13 days, having been launched on 10-Mar-21.
As of 22-Apr-24, it has a Net Asset Value (NAV) of ₹19.79, Assets Under Management (AUM) of 748.32 Crores, and an expense ratio of 0.43%.
  • ITI Mid Cap Fund Direct Growth has given a CAGR return of 24.48% since inception.
  • The fund's asset allocation comprises around 96.05% in equities, 0.42% in debts, and 3.54% 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

+67.39%

+51.06%(Cat. Avg.)

3 Years

+26.46%

+25.10%(Cat. Avg.)

Since Inception

+24.48%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Equity718.73 Cr96.05%
Debt3.12 Cr0.42%
Others26.47 Cr3.54%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Net Receivables / (Payables)Cash25.25 Cr3.37%
Solar Industries India LtdEquity24.41 Cr3.26%
Bank of IndiaEquity19.4 Cr2.59%
SJVN LtdEquity15.77 Cr2.11%
REC LtdEquity15.33 Cr2.05%
Jindal Stainless LtdEquity15.23 Cr2.04%
Indian BankEquity14.83 Cr1.98%
Max Healthcare Institute Ltd Ordinary SharesEquity14.27 Cr1.91%
Sundaram Finance LtdEquity14.21 Cr1.90%
Lupin LtdEquity14.08 Cr1.88%
ABB India LtdEquity14.03 Cr1.87%
Cummins India LtdEquity12.84 Cr1.72%
Phoenix Mills LtdEquity12.76 Cr1.70%
NHPC LtdEquity12.59 Cr1.68%
Bharat Heavy Electricals LtdEquity12.46 Cr1.66%
Persistent Systems LtdEquity12.4 Cr1.66%
The Federal Bank LtdEquity12.32 Cr1.65%
Samvardhana Motherson International LtdEquity12.19 Cr1.63%
Union Bank of IndiaEquity11.73 Cr1.57%
Bank of MaharashtraEquity11.62 Cr1.55%
Power Finance Corp LtdEquity11.43 Cr1.53%
Oil India LtdEquity11.28 Cr1.51%
Timken India LtdEquity11.23 Cr1.50%
KPIT Technologies LtdEquity10.99 Cr1.47%
Bosch LtdEquity10.6 Cr1.42%
Bharat Electronics LtdEquity10.52 Cr1.41%
Bharat Dynamics Ltd Ordinary SharesEquity10.08 Cr1.35%
Coforge LtdEquity10.01 Cr1.34%
Jyoti CNC Automation LtdEquity9.97 Cr1.33%
Syngene International LtdEquity9.89 Cr1.32%
Muthoot Finance LtdEquity9.74 Cr1.30%
Hindustan Aeronautics Ltd Ordinary SharesEquity9.65 Cr1.29%
Zomato LtdEquity9.62 Cr1.29%
Steel Authority Of India LtdEquity9.47 Cr1.27%
Honeywell Automation India LtdEquity9.39 Cr1.25%
Tube Investments of India Ltd Ordinary SharesEquity9.35 Cr1.25%
Page Industries LtdEquity8.84 Cr1.18%
Tata Communications LtdEquity8.82 Cr1.18%
AIA Engineering LtdEquity8.51 Cr1.14%
Popular Vehicles and Services LtdEquity7.96 Cr1.06%
Westlife Foodworld LtdEquity7.78 Cr1.04%
Schaeffler India LtdEquity7.73 Cr1.03%
APL Apollo Tubes LtdEquity7.72 Cr1.03%
Trent LtdEquity7.57 Cr1.01%
Astral LtdEquity7.43 Cr0.99%
Dalmia Bharat LtdEquity7.37 Cr0.98%
NTPC LtdEquity7.37 Cr0.98%
Suzlon Energy LtdEquity7.36 Cr0.98%
Brigade Enterprises LtdEquity7.35 Cr0.98%
Prestige Estates Projects LtdEquity7.28 Cr0.97%
NMDC LtdEquity7.25 Cr0.97%
Shriram Finance LtdEquity7.11 Cr0.95%
Mphasis LtdEquity7.08 Cr0.95%
TVS Motor Co LtdEquity6.95 Cr0.93%
Mankind Pharma LtdEquity6.95 Cr0.93%
HDFC Asset Management Co LtdEquity6.92 Cr0.93%
Hindustan Petroleum Corp LtdEquity6.88 Cr0.92%
JSW Energy LtdEquity6.85 Cr0.91%
JK Cement LtdEquity6.77 Cr0.90%
JSW Steel LtdEquity6.57 Cr0.88%
Jupiter Wagons LtdEquity6.55 Cr0.87%
Container Corporation of India LtdEquity6.46 Cr0.86%
Max Financial Services LtdEquity6.41 Cr0.86%
Emami LtdEquity6.3 Cr0.84%
Man Industries (India) LtdEquity5.93 Cr0.79%
Inox Wind LtdEquity5.79 Cr0.77%
IRCON International LtdEquity5.77 Cr0.77%
Sundaram Fasteners LtdEquity5.76 Cr0.77%
IDFC First Bank LtdEquity5.69 Cr0.76%
Indus Towers Ltd Ordinary SharesEquity5.68 Cr0.76%
Kaynes Technology India LtdEquity5.65 Cr0.75%
Oberoi Realty LtdEquity5.6 Cr0.75%
Tata Technologies LtdEquity5.47 Cr0.73%
Sun TV Network LtdEquity5.18 Cr0.69%
GMR Airports Infrastructure LtdEquity5.09 Cr0.68%
ITI Banking & PSU Dir GrMutual Fund - Open End4.34 Cr0.58%
Indiabulls Housing Finance Ltd Ordinary Shares (Partly Paid Rs.0.67)Equity4.15 Cr0.55%
Thomas Cook India LtdEquity4 Cr0.54%
National Aluminium Co LtdEquity3.7 Cr0.49%
Housing & Urban Development Corp LtdEquity3.18 Cr0.43%
IRM Energy LtdEquity2.32 Cr0.31%

Allocation By Market Cap (Equity)

Large Cap Stocks

15.61%

Mid Cap Stocks

67.13%

Small Cap Stocks

12.24%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Industrials168.1 Cr22.46%
Financial Services154.05 Cr20.59%
Basic Materials94.42 Cr12.62%
Consumer Cyclical89 Cr11.89%
Technology45.95 Cr6.14%
Healthcare45.19 Cr6.04%
Utilities44.89 Cr6.00%
Real Estate32.99 Cr4.41%
Communication Services19.68 Cr2.63%
Energy18.16 Cr2.43%
Consumer Defensive6.3 Cr0.84%

Risk & Performance Ratios

Standard Deviation

This fund

14.12%

Cat. avg.

13.99%

Lower the better

Sharpe Ratio

This fund

1.27

Cat. avg.

1.21

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

2.42

Higher the better

Fund Managers

Dhimant Shah

Dhimant Shah

Since October 2022

Rohan Korde

Rohan Korde

Since April 2022

Additional Scheme Detailsas of 31st March 2024

ISININF00XX01929Expense Ratio0.43%Exit Load1.00%Fund Size₹748 CrAge10 Mar 2021Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty Midcap 150 TR INR

Investment ObjectiveInvestment 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.

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Mirae Asset Midcap Fund Regular Growth

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Mirae Asset Midcap Fund Direct Growth

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Mahindra Manulife Mid Cap Fund Direct Growth

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About the AMC

Total AUM

₹6,706 Cr

Address

Mumbai, 400013

Other Funds by ITI Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
ITI Focused Equity Fund Direct Growth

Very High Risk

0.4%1.0%₹334.16 Cr-
ITI Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹37.47 Cr7.0%
ITI Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹153.98 Cr7.4%
ITI Multi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹1064.54 Cr57.3%
ITI Value Fund Direct Growth

Very High Risk

0.5%1.0%₹199.41 Cr55.8%
ITI Conservative Hybrid Fund Direct Growth

Moderate Risk

0.2%0.0%₹14.80 Cr8.9%
ITI Dynamic Bond Fund Direct Growth

Moderate Risk

0.1%0.0%₹39.82 Cr7.1%
ITI Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹339.71 Cr28.3%
ITI Small Cap Fund Direct Growth

Very High Risk

0.2%1.0%₹1770.83 Cr69.6%
ITI Large Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹269.80 Cr43.3%
ITI Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.1%0.0%₹29.83 Cr7.1%
ITI Banking and Financial Services Fund Direct Growth

Very High Risk

0.4%1.0%₹258.30 Cr23.5%
ITI Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹22.15 Cr8.2%
ITI Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹211.77 Cr6.6%
ITI Mid Cap Fund Direct Growth

Very High Risk

0.4%1.0%₹748.32 Cr67.4%
ITI Long Term Equity Fund Direct Growth

Very High Risk

0.5%0.0%₹301.77 Cr56.3%
ITI Pharma and Healthcare Fund Direct Growth

Very High Risk

0.4%1.0%₹160.39 Cr48.0%
ITI Flexi Cap Fund Direct Growth

Very High Risk

0.4%1.0%₹860.00 Cr55.3%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of ITI Mid Cap Fund Direct Growth, as of 22-Apr-2024, is ₹19.79.
The fund has generated 67.39% over the last 1 year and 26.46% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 96.05% in equities, 0.42% in bonds, and 3.54% in cash and cash equivalents.
The fund managers responsible for ITI Mid Cap Fund Direct Growth are:-
  1. Dhimant Shah
  2. Rohan Korde