ITI Large Cap Fund Direct Growth
Equity
Direct
Large-Cap
NAV as on 22-10-2024
₹ 18.98
1D
Inception Returns
18.8%
/yr
About ITI Large Cap Fund Direct Growth
ITI Large Cap Fund Direct Growth is an equity fund. This fund was started on 24 December, 2020. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- ITI Large Cap Fund Direct Growth has ₹370 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
ITI Large Cap Fund Direct Growth has given a CAGR return of 18.82% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 35.36% and 13.44% respectively.
Holdings
ITI Large Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Tech, Energy, Consumer Cyclical, Basic Materials, Consumer Defensive, Utilities, Communication, Health, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Reliance Industries Ltd, Axis Bank Ltd
Taxation
As it is a large-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of ITI Large Cap Fund Direct Growth
The investment objective of the Scheme is to seek to generate long term capital appreciation by predominantly investing in equity and equity related securities of large cap stocks. However, there can be no assurance that the investment objective of the scheme would be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. ITI Large Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
61 people have invested ₹ 1.7L in ITI Large Cap Fund Direct Growth in the last three months
INDmoney Rank for ITI Large Cap Fund Direct Growth
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3Y returns in the bottom 25% of the category
ITI Large Cap Fund Direct Growth Overview
| Expense ratio | 0.47% |
Benchmark | S&P BSE 100 India TR INR |
| AUM | ₹370 Cr |
| Inception Date | 24 December, 2020 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 88.48% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (22-Oct-24)
Fund Distribution
as on (30-Sep-24)
Large cap
82.3%
Small cap
12.4%
Mid cap
0.9%
Sector Allocation
Financial Services
32.2%
Industrial
14.1%
Tech
10.1%
Energy
8.4%
Consumer Cyclical
7.8%
Basic Materials
6.5%
Consumer Defensive
5.9%
Utilities
5.6%
Communication
3.4%
Health
3.1%
Real Estate
2.9%
All changes are between Jul'24 and Sep'24
- This fund’s returns stands at 0.78% whereas the fund’s underlying benchmark Nifty 100 returns stands at 2.11% as on Sep'24
- This fund underperformed Nifty 100 by 1.33% in Sep'24
- AUM of the fund stands at 370 Cr as of Sep'24
- AUM increased by 9.4 Cr between Sep'24 and Aug'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 5.23% to 7.37%
Larsen & Toubro Ltd's allocation increased from 3.21% to 3.59%
Mahindra & Mahindra Ltd's allocation increased from 2.21% to 2.37%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 7.45 % to 6.03 %
Reliance Industries Ltd's allocation decreased from 5.55 % to 5.29 %
State Bank of India's allocation decreased from 3.15 % to 2.97 %
Small Cap allocation has gone up from 9.1% to 12.4%
Mid Cap allocation has gone down from 2.3% to 0.9%
Large Cap allocation has gone down from 85.7% to 82.3%
Cash allocation has gone up from 2.9% to 4.4%
Top 3 Sectors in September were Financial Services, Industrial & Tech
Sep'24
Financial Services
32%
Industrial
14%
Tech
10%
Aug'24
Financial Services
30%
Industrial
13%
Tech
12%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 7.37% | 36.6% | |
 ICICI Bank Ltd | 6.29% | 0% | |
 Infosys Ltd | 6.03% | -13.9% | |
 Reliance Industries Ltd | 5.29% | 0% | |
 Axis Bank Ltd | 3.62% | 0% |
See all
See all
Top Losers | 1M Return |
|---|---|
 Reliance Industries Ltd | -9% |
 Tata Motors Ltd | -6.3% |
 Infosys Ltd | -0.9% |
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Fund House
ITI Asset Management Limited
Total Schemes
Total AUM
₹8.88K Cr
as on 30-Sep-2024
Address
Naman Midtown “A” Wing, 21st Floor, Senapati Bapat Marg, Elphinstone Road
Phone
022-66214999
Website
mfassist@itiorg.com
ITI Large 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 18.82% since inception which is more than its category average return of 13.96%
Fund Allocations
This fund has an allocation of 95.6% in Equity, 0% in Debt and 4.4% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 7321 Cr
Expense Ratio 0.47%
This fund has an expense ratio of 0.47% which is less than its category average expense ratio of 1.3%
Frequently Asked Questions for ITI Large Cap Fund Direct Growth
The current NAV of ITI Large Cap Fund Direct Growth is ₹18.98 as on 22-Oct-2024.
Existing (Absolute + CAGR) as on 22-Oct-2024.
ITI Large Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -3.28% | -3.28% |
6 Month Returns | 9.42% | 9.42% |
1 Year Returns | 35.36% | 35.36% |
3 Years Returns | 45.97% | 13.44% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
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- 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.
0.47% as on September 2024
₹370 Cr as on September 2024
HDFC Bank Ltd(7.37%), ICICI Bank Ltd(6.29%), Infosys Ltd(6.03%), Reliance Industries Ltd(5.29%), Axis Bank Ltd(3.62%) as on September 2024
Financial Services(30.82%), Industrial(13.48%), Tech(9.66%) as on September 2024
The alpha ratio for the ITI Large Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ITI Large Cap Fund Direct Growth | 4.07 | 0.55 | - |
As on September 2024
The alpha for ITI Large Cap Fund Direct Growth is calculated against S&P BSE 100 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 Large Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ITI Large Cap Fund Direct Growth | 0.9 | 0.95 | - |
As on September 2024
The Beta for ITI Large Cap Fund Direct Growth is calculated with S&P BSE 100 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 Large 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 Large Cap Fund Direct Growth | 2.69 | 0.79 | - |
As on September 2024
The sharpe ratio for ITI Large Cap Fund Direct Growth is calculated with S&P BSE 100 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 Large 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 Large Cap Fund Direct Growth | 10.55 | 12.62 | - |
As on September 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.
Sortino ratio is 1.47 as on September 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.02 as on September 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of ITI Large Cap Fund Direct Growth is 1%