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Fund Overview

Fund Size

Fund Size

₹986 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, 4 months and 2 days, having been launched on 10-Mar-21.
As of 11-Jul-24, it has a Net Asset Value (NAV) of ₹24.02, Assets Under Management (AUM) of 985.87 Crores, and an expense ratio of 0.43%.
  • ITI Mid Cap Fund Direct Growth has given a CAGR return of 30.05% since inception.
  • The fund's asset allocation comprises around 95.74% in equities, 0.32% in debts, and 3.94% 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

+76.05%

+56.53% (Cat Avg.)

3 Years

+28.07%

+25.95% (Cat Avg.)

Since Inception

+30.05%

(Cat Avg.)

Portfolio Summaryas of 30th June 2024

Equity943.89 Cr95.74%
Debt3.14 Cr0.32%
Others38.85 Cr3.94%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Solar Industries India LtdEquity27.85 Cr2.83%
Treps 01-Jul-2024Cash - Repurchase Agreement22.68 Cr2.30%
SJVN LtdEquity21.96 Cr2.23%
Phoenix Mills LtdEquity21.36 Cr2.17%
Max Healthcare Institute Ltd Ordinary SharesEquity21.16 Cr2.15%
Lupin LtdEquity20.21 Cr2.05%
Samvardhana Motherson International LtdEquity19.81 Cr2.01%
Cummins India LtdEquity18.75 Cr1.90%
Vodafone Idea LtdEquity18.39 Cr1.87%
The Federal Bank LtdEquity17.38 Cr1.76%
Bharat Dynamics Ltd Ordinary SharesEquity16.86 Cr1.71%
Jindal Stainless LtdEquity16.25 Cr1.65%
Sundaram Finance LtdEquity16.1 Cr1.63%
REC LtdEquity16.1 Cr1.63%
ABB India LtdEquity15.9 Cr1.61%
Timken India LtdEquity15.77 Cr1.60%
Indian BankEquity15.54 Cr1.58%
Suzlon Energy LtdEquity15.34 Cr1.56%
Tube Investments of India Ltd Ordinary SharesEquity15.31 Cr1.55%
Hindustan Aeronautics Ltd Ordinary SharesEquity15.27 Cr1.55%
Net Receivables / (Payables)Cash14.9 Cr1.51%
Oil India LtdEquity14.77 Cr1.50%
Mphasis LtdEquity14.58 Cr1.48%
L&T Technology Services LtdEquity14.36 Cr1.46%
NHPC LtdEquity14.36 Cr1.46%
Honeywell Automation India LtdEquity13.76 Cr1.40%
Bharat Heavy Electricals LtdEquity13.71 Cr1.39%
Syngene International LtdEquity13.61 Cr1.38%
Bharat Electronics LtdEquity13.44 Cr1.36%
Persistent Systems LtdEquity13.37 Cr1.36%
Schaeffler India LtdEquity13.03 Cr1.32%
Steel Authority Of India LtdEquity12.99 Cr1.32%
Prestige Estates Projects LtdEquity12.37 Cr1.25%
Bank of IndiaEquity12.25 Cr1.24%
KPIT Technologies LtdEquity12.09 Cr1.23%
Jyoti CNC Automation LtdEquity12.07 Cr1.22%
Bharti Hexacom LtdEquity11.86 Cr1.20%
Power Finance Corp LtdEquity11.62 Cr1.18%
Sona BLW Precision Forgings LtdEquity11.49 Cr1.17%
Mahindra & Mahindra Financial Services LtdEquity11.34 Cr1.15%
AIA Engineering LtdEquity11.1 Cr1.13%
Gland Pharma LtdEquity10.97 Cr1.11%
Astral LtdEquity10.84 Cr1.10%
JSW Energy LtdEquity10.82 Cr1.10%
Oracle Financial Services Software LtdEquity10.66 Cr1.08%
Brigade Enterprises LtdEquity10.6 Cr1.08%
Trent LtdEquity10.5 Cr1.07%
Union Bank of IndiaEquity10.44 Cr1.06%
NTPC LtdEquity10.37 Cr1.05%
Jindal Saw LtdEquity10.05 Cr1.02%
Dalmia Bharat LtdEquity10.01 Cr1.02%
Bank of MaharashtraEquity9.69 Cr0.98%
Biocon LtdEquity9.66 Cr0.98%
Oberoi Realty LtdEquity9.59 Cr0.97%
Hindustan Petroleum Corp LtdEquity9.57 Cr0.97%
Container Corporation of India LtdEquity8.92 Cr0.90%
Tata Communications LtdEquity8.91 Cr0.90%
Indian Renewable Energy Development Agency LtdEquity8.85 Cr0.90%
Sterling and Wilson Renewable Energy LtdEquity8.79 Cr0.89%
Shriram Finance LtdEquity8.77 Cr0.89%
Intellect Design Arena Ltd.Equity8.62 Cr0.87%
Zomato LtdEquity8.49 Cr0.86%
Indian Oil Corp LtdEquity8.47 Cr0.86%
Popular Vehicles and Services LtdEquity8.39 Cr0.85%
Sundaram Fasteners LtdEquity8.26 Cr0.84%
Inox Wind LtdEquity8.21 Cr0.83%
Paradeep Phosphates LtdEquity8.16 Cr0.83%
NMDC LtdEquity8.14 Cr0.83%
Westlife Foodworld LtdEquity8.12 Cr0.82%
TVS Motor Co LtdEquity7.95 Cr0.81%
ITC LtdEquity7.18 Cr0.73%
Jupiter Wagons LtdEquity7.17 Cr0.73%
National Aluminium Co LtdEquity7.13 Cr0.72%
Sun TV Network LtdEquity6.89 Cr0.70%
Man Industries (India) LtdEquity6.76 Cr0.69%
GlaxoSmithKline Pharmaceuticals LtdEquity6.3 Cr0.64%
Kaynes Technology India LtdEquity5.89 Cr0.60%
ZF Commercial Vehicle Control Systems India LtdEquity5.49 Cr0.56%
India Cements LtdEquity5.47 Cr0.55%
IRCON International LtdEquity4.96 Cr0.50%
ITI Banking & PSU Dir GrMutual Fund - Open End4.41 Cr0.45%
Housing & Urban Development Corp LtdEquity4.15 Cr0.42%
IRM Energy LtdEquity2.22 Cr0.23%

Allocation By Market Cap (Equity)

Large Cap Stocks

15.86%

Mid Cap Stocks

66.54%

Small Cap Stocks

12.47%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Industrials223.25 Cr22.64%
Financial Services142.23 Cr14.43%
Basic Materials112.82 Cr11.44%
Consumer Cyclical101.53 Cr10.30%
Healthcare81.91 Cr8.31%
Technology73.85 Cr7.49%
Utilities59.73 Cr6.06%
Real Estate53.92 Cr5.47%
Communication Services46.05 Cr4.67%
Energy32.8 Cr3.33%
Consumer Defensive7.18 Cr0.73%

Risk & Performance Ratios

Standard Deviation

This fund

14.27%

Cat. avg.

14.02%

Lower the better

Sharpe Ratio

This fund

1.36

Cat. avg.

1.23

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

2.45

Higher the better

Fund Managers

Dhimant Shah

Dhimant Shah

Since October 2022

Rohan Korde

Rohan Korde

Since April 2022

Additional Scheme Detailsas of 30th June 2024

ISIN
INF00XX01929
Expense Ratio
0.43%
Exit Load
1.00%
Fund Size
₹986 Cr
Age
10 Mar 2021
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty 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.

Similar Mid-Cap Funds

Fund nameExpense RatioExit LoadFund size
1Y
Bandhan Midcap Fund Regular Growth

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2.1%1.0%₹1234.74 Cr55.6%
Bandhan Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹1234.74 Cr58.1%
Motilal Oswal Midcap Fund Regular Growth

Very High Risk

1.7%1.0%₹10378.16 Cr66.3%
HDFC NIFTY Midcap 150 ETF

Very High Risk

0.2%-₹15.15 Cr-
Mirae Asset Midcap Fund Regular Growth

Very High Risk

1.7%1.0%₹16667.30 Cr47.8%
Mirae Asset Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹16667.30 Cr49.4%
Axis Midcap Fund Regular Growth

Very High Risk

1.6%1.0%₹30143.58 Cr48.8%
Mahindra Manulife Mid Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹2580.04 Cr66.4%
Mahindra Manulife Mid Cap Fund Regular Growth

Very High Risk

1.9%1.0%₹2580.04 Cr63.9%
Tata Mid Cap Growth Fund Regular Growth

Very High Risk

1.9%1.0%₹4193.89 Cr58.7%

About the AMC

Total AUM

₹7,530 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%₹401.92 Cr49.9%
ITI Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹63.19 Cr7.1%
ITI Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹180.50 Cr7.4%
ITI Multi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹1284.84 Cr56.6%
ITI Value Fund Direct Growth

Very High Risk

0.5%1.0%₹262.33 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%₹54.58 Cr8.4%
ITI Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹369.59 Cr26.2%
ITI Small Cap Fund Direct Growth

Very High Risk

0.2%1.0%₹2234.43 Cr71.0%
ITI Large Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹332.38 Cr41.1%
ITI Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.1%0.0%₹30.24 Cr7.6%
ITI Banking and Financial Services Fund Direct Growth

Very High Risk

0.4%1.0%₹270.65 Cr19.1%
ITI Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹31.15 Cr8.3%
ITI Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹23.89 Cr6.6%
ITI Mid Cap Fund Direct Growth

Very High Risk

0.4%1.0%₹985.87 Cr76.0%
ITI Long Term Equity Fund Direct Growth

Very High Risk

0.5%0.0%₹337.77 Cr58.4%
ITI Pharma and Healthcare Fund Direct Growth

Very High Risk

0.4%1.0%₹166.33 Cr43.7%
ITI Flexi Cap Fund Direct Growth

Very High Risk

0.4%1.0%₹1005.32 Cr55.2%

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 11-Jul-2024, is ₹24.02.
The fund has generated 76.05% over the last 1 year and 28.07% 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 95.74% in equities, 0.32% in bonds, and 3.94% in cash and cash equivalents.
The fund managers responsible for ITI Mid Cap Fund Direct Growth are:-
  1. Dhimant Shah
  2. Rohan Korde