ITI Long Term Equity Fund Direct Growth
ITI Long Term Equity Fund Direct Growth

ITI Long Term Equity Fund Direct Growth

Compare
Equity
Direct
Elss (Tax Savings)

NAV: ₹ 15.7 as on 02-12-2022

Fund Performance
zero opening, trading, fund transfer fee
43 people have invested ₹ 92.5K in mutual fund in the last three months

INDmoney Rank

Powered by IND quant engine
IND ranking is not available for this fund.
Pros
Hold on while we find any good points for this fund.
Cons
3Y returns in the bottom 25% of the category

Fund Performance

Return
1M
3M
6M
1Y
3Y
This Fund
2.5%
6.8%
15.3%
6.1%
14.4%
Benchmark
2.8%
5%
13.4%
7.5%
17.7%
Category
2.4%
5.1%
12.8%
6.2%
17.6%
About the Fund

ITI Long Term Equity Fund Direct Growth is an equity fund. This fund was started on  18 October, 2019. The fund is managed by Rohan Korde, Hetal Gada, Pratibh Agarwal. The fund could potentially beat inflation in the long-run.

Key parameters

1) ITI Long Term Equity Fund Direct Growth has a NAV of 15.7404 as on 02-12-2022.

2) ITI Long Term Equity Fund Direct Growth has 155 Cr worth of assets under management (AUM) as on 31-10-2022 and is less than category average.

3) The fund has an expense ratio 0.44 %.

Fund Overview

Expense ratio
Expense ratio
0.44%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹155 Cr
Inception Date
Inception Date
18 October, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
489.22%

Fund Distribution

  • Equity 97.6%
  • Debt & Cash 2.4%
Size breakup
Large cap
68.7%
Mid cap
16.1%
Small cap
12.1%

Sector Allocation

Oct'22

Sep'22

Aug'22

Financial Services

31%

Consumer Cyclical

11.1%

Tech

10.9%

Energy

9.4%

Consumer Defensive

9.3%

Industrial

8.5%

Basic Materials

8%

Health

5%

Utilities

3.4%

Communication

2.7%

Real Estate

0.7%

Top Holdings

  • All
  • Equity
Total Holdings82
Equity Holdings82

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 8.5 Cr in last 1M
Oct'22 return underperformed benchmark

Change in AUM

Oct'22
₹ 154.8 Cr
Sep'22
₹ 146.3 Cr
Aug'22
₹ 146.4 Cr

Fund Returns vs Benchmark

Oct'22
5.30%
5.37%
Sep'22
-1.96%
-2.51%
Aug'22
4.19%
3.22%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Oct'22
Oct'22
Aug'22
No of Holdings
82
79
80
Top 5 Company Concentration
28.8%
28.7%
30.7%
Company having highest exposure
HDFC Bank Ltd (7.4%)
HDFC Bank Ltd (7.4%)
HDFC Bank Ltd (7.8%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
70%
69.8%
71.2%
Sector having highest exposure
Financial Services (30.3%)
Financial Services (30%)
Financial Services (30.3%)

Fund Manager

Rohan Korde

Rohan Korde

Managing this fund since 29 April 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
ITI Long Term Equity Fund Direct Growth
14.4%
17.57%
ITI Arbitrage Fund Direct Growth
3.37%
3.73%
Hetal Gada

Hetal Gada

Managing this fund since 8 August 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
ITI Long Term Equity Fund Direct Growth
14.4%
17.57%
Pratibh Agarwal

Pratibh Agarwal

Managing this fund since 1 October 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
ITI Small Cap Fund Direct Growth
0%
32.27%
ITI Balanced Advantage Fund Direct Growth
0%
11.65%
ITI Multi Cap Fund Direct Growth
11.4%
20.79%

AMC details

Address
Naman Midtown “A” Wing, 21st Floor, Senapati Bapat Marg, Elphinstone Road
Phone
022-66214999
Fund House
ITI Asset Management Limited

Fund Highlights

meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 15.63% since inception which is more than its category average return of 13.83%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.63% in Equity, 0% in Debt and 2.37% in Cash related instruments
AUM size ₹155 Cr

AUM size ₹155 Cr

This fund has AUM of ₹155 Cr which is less than its category average of ₹ 2695 Cr
Expense Ratio 0.44%

Expense Ratio 0.44%

This fund has an expense ratio of 0.44% which is less than its category average expense ratio of 1.59%

Frequently Asked Questions

The current NAV of ITI Long Term Equity Fund Direct Growth is 15.74.
Existing (Absolute + CAGR)
ITI Long Term Equity Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.48%
2.48%
6 Month Returns
15.31%
15.31%
1 Year Returns
6.15%
6.15%
3 Years Returns
49.71%
14.4%
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 November 2022
155 Cr as on November 2022
HDFC Bank Ltd(7.4%),Reliance Industries Ltd(6.92%),ITC Ltd(5.28%),Infosys Ltd(4.83%),ICICI Bank Ltd(4.39%) as on November 2022
Financial Services(30.28%),Consumer Cyclical(10.87%),Tech(10.61%) as on November 2022
The alpha ratio for the ITI Long Term Equity Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
ITI Long Term Equity Fund Direct Growth
-1.59
-3.3
-
As on month end.
The alpha for ITI Long Term Equity Fund Direct Growth is calculated against S&P BSE 200 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 Long Term Equity Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
ITI Long Term Equity Fund Direct Growth
0.76
0.96
-
As on month end.
The Beta for ITI Long Term Equity Fund Direct Growth is calculated with S&P BSE 200 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 Long Term 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 Long Term Equity Fund Direct Growth
0.24
0.53
-
As on month end.
The sharpe ratio for ITI Long Term Equity Fund Direct Growth is calculated with S&P BSE 200 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 Long Term 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 Long Term Equity Fund Direct Growth
13.25
22.63
-
As on month end.
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.
0.73
Rohan Korde,Hetal Gada,Pratibh Agarwal are the fund managers of ITI Long Term Equity Fund Direct Growth
The Exit load of ITI Long Term Equity Fund Direct Growth is 0%

Mutual Fund execution provided by

Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.