ITI Flexi Cap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV: ₹ 16.3 as on 03-05-2024
About the Fund
ITI Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 22 February, 2023. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- ITI Flexi Cap Fund Direct Growth has ₹860 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.4.
Fund Performance
69 people have invested ₹ 9.5L in ITI Flexi Cap Fund Direct Growth in the last three months
Overview
 | 0.44% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹860 Cr |
 | 22 February, 2023 |
 | ₹5000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 6.96% |
ITI Flexi Cap Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
40.9%
Small cap
31.1%
Mid cap
17.5%
Sector Allocation
Financial Services
24.4%
Industrial
22.2%
Consumer Cyclical
13.5%
Basic Materials
8.6%
Tech
8.1%
Energy
6.4%
Consumer Defensive
6%
Health
4.8%
Utilities
2.9%
Communication
2.1%
Real Estate
1.1%
Top Holdings of ITI Flexi Cap Fund Direct Growth as on (30-Apr-24)
Equity Holdings75
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 3.15% | 0% | |
 Reliance Industries Ltd | 3.1% | 0% | |
 HDFC Bank Ltd | 3.04% | 0% | |
 Larsen & Toubro Ltd | 2.44% | 0% | |
 ITC Ltd | 2.06% | 0% |
See all
Gainers & Losers Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Kirloskar Pneumatic Company Ltd | 57.4% |
 Linde India Ltd | 17.7% |
 Va Tech Wabag Ltd | 17.6% |
Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 0.36% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 0.83% in Mar'24
AUM Change
- AUM of the fund stands at 810.6 Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
ITI Flexi Cap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 51.54% since inception which is more than its category average return of 18.65%
Fund Allocations
This fund has an allocation of 91.58% in Equity, 0.36% in Debt and 8.06% in Cash related instruments
AUM size ₹860 Cr
This fund has AUM of ₹860 Cr which is less than its category average of ₹ 7234 Cr
Expense Ratio 0.44%
This fund has an expense ratio of 0.44% which is less than its category average expense ratio of 1.33%
Frequently Asked Questions
The current NAV of ITI Flexi Cap Fund Direct Growth is ₹16.3 as on 03-May-2024.
Existing (Absolute + CAGR) as on 03-May-2024.
ITI Flexi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.66% | 2.66% |
6 Month Returns | 30.7% | 30.7% |
1 Year Returns | 54.25% | 54.25% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.44% as on April 2024
₹860 Cr as on April 2024
ICICI Bank Ltd(3.15%), Reliance Industries Ltd(3.1%), HDFC Bank Ltd(3.04%), Larsen & Toubro Ltd(2.44%), ITC Ltd(2.06%) as on April 2024
Financial Services(22.39%), Industrial(20.32%), Consumer Cyclical(12.33%) as on April 2024
The alpha ratio for the ITI Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ITI Flexi Cap Fund Direct Growth | 12.97 | - | - |
As on April 2024
The alpha for ITI Flexi Cap Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the ITI Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ITI Flexi Cap Fund Direct Growth | 0.97 | - | - |
As on April 2024
The Beta for ITI Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the ITI Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ITI Flexi Cap Fund Direct Growth | 3.48 | - | - |
As on April 2024
The sharpe ratio for ITI Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the ITI Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ITI Flexi Cap Fund Direct Growth | 11.22 | - | - |
As on April 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
The Exit load of ITI Flexi Cap Fund Direct Growth is 1%