ITI Focused Equity Fund Direct Growth
Equity
Direct
Focused Fund
NAV: ₹ 13.47 as on 03-05-2024
About the Fund
ITI Focused Equity Fund Direct Growth is an equity fund. This fund was started on 21 June, 2023. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- ITI Focused Equity Fund Direct Growth has ₹334 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
33 people have invested ₹ 1.1L in ITI Focused Equity Fund Direct Growth in the last three months
Overview
 | 0.44% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹334 Cr |
 | 21 June, 2023 |
 | ₹5000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 0% |
ITI Focused Equity Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
43.8%
Small cap
25.9%
Mid cap
21.7%
Sector Allocation
Financial Services
22.2%
Industrial
18.7%
Basic Materials
10.4%
Energy
9.5%
Consumer Cyclical
9.2%
Communication
9%
Tech
7.3%
Health
6.3%
Utilities
4%
Consumer Defensive
3.3%
Top Holdings of ITI Focused Equity Fund Direct Growth as on (30-Apr-24)
Equity Holdings29
Debt Holdings1
Gainers & Losers Returns for the month of Mar
Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.70% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 2.17% in Mar'24
AUM Change
- AUM of the fund stands at 319.9 Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
ITI Focused Equity 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 returns of 35.07% since inception (21nd Jun 2023)
Fund Allocations
This fund has an allocation of 91.41% in Equity, 0.91% in Debt and 7.68% in Cash related instruments
AUM size ₹334 Cr
This fund has AUM of ₹334 Cr which is less than its category average of ₹ 4160 Cr
Expense Ratio 0.44%
This fund has an expense ratio of 0.44% which is less than its category average expense ratio of 1.48%
Frequently Asked Questions
The current NAV of ITI Focused Equity Fund Direct Growth is ₹13.47 as on 03-May-2024.
Existing (Absolute + CAGR) as on 03-May-2024.
ITI Focused Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.34% | 2.34% |
6 Month Returns | 26.58% | 26.58% |
1 Year Returns | 0% | 0% |
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
₹334 Cr as on April 2024
Reliance Industries Ltd(5.49%), ICICI Bank Ltd(4.42%), HDFC Bank Ltd(4.27%), Solar Industries India Ltd(3.7%), Indus Towers Ltd Ordinary Shares(3.66%) as on April 2024
Financial Services(20.32%), Industrial(17.1%), Basic Materials(9.55%) as on April 2024
The alpha ratio for the ITI Focused Equity Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ITI Focused Equity Fund Direct Growth | - | - | - |
As on April 2024
The alpha for ITI Focused Equity 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 Focused Equity Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ITI Focused Equity Fund Direct Growth | - | - | - |
As on April 2024
The Beta for ITI Focused Equity 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 Focused Equity Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ITI Focused Equity Fund Direct Growth | - | - | - |
As on April 2024
The sharpe ratio for ITI Focused Equity 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 Focused Equity Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ITI Focused Equity Fund Direct Growth | - | - | - |
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 Focused Equity Fund Direct Growth is 1%