ITI Mid Cap Fund Direct Growth
ITI Mid Cap Fund Direct Growth

ITI Mid Cap Fund Direct Growth

Compare
Equity
Direct
Mid-Cap

NAV: ₹ 12.2 as on 25-11-2022

Fund Performance
zero opening, trading, fund transfer fee
53 people have invested ₹ 2.2L in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
This Fund
1.3%
2%
20.2%
0.9%
Benchmark
1.9%
1.8%
15.2%
6.1%
Category
1.1%
2%
17.2%
2.5%
About the Fund

ITI Mid Cap Fund Direct Growth is an equity fund. This fund was started on  10 March, 2021. The fund is managed by Hetal Gada, Rohan Korde, Tanay Gabhawala, Dhimant Shah. The fund could potentially beat inflation in the long-run.

Key parameters

1) ITI Mid Cap Fund Direct Growth has a NAV of 12.162 as on 25-11-2022.

2) ITI Mid Cap Fund Direct Growth has 422 Cr worth of assets under management (AUM) as on 30-09-2022 and is less than category average.

3) The fund has an expense ratio 0.32 %.

Fund Overview

Expense ratio
Expense ratio
0.32%
Benchmark
Benchmark
S&P BSE Midcap TR INR
AUM
AUM
₹422 Cr
Inception Date
Inception Date
10 March, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
296.92%

Fund Distribution

  • Equity 95.2%
  • Debt & Cash 4.8%
Size breakup
Mid cap
72%
Large cap
15.4%
Small cap
7.8%

Sector Allocation

Oct'22

Sep'22

Aug'22

Consumer Cyclical

19.8%

Industrial

18.9%

Financial Services

17.8%

Basic Materials

11.2%

Health

9.5%

Tech

5.8%

Utilities

5.4%

Energy

4.1%

Communication

2.8%

Real Estate

2.5%

Consumer Defensive

2.2%

Top Holdings

  • All
  • Equity
Total Holdings62
Equity Holdings62

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 9.8 Cr in last 1M
Oct'22 return underperformed benchmark

Change in AUM

Oct'22
₹ 421.8 Cr
Sep'22
₹ 411.9 Cr
Aug'22
₹ 406.4 Cr

Fund Returns vs Benchmark

Oct'22
0.90%
2.90%
Sep'22
-0.42%
-2.04%
Aug'22
6.08%
4.42%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Oct'22
Oct'22
Aug'22
No of Holdings
62
59
61
Top 5 Company Concentration
16.5%
16.6%
16.5%
Company having highest exposure
Aditya Birla Fashion and Retail Ltd (4%)
Aditya Birla Fashion and Retail Ltd (4.1%)
Aditya Birla Fashion and Retail Ltd (3.6%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
73.6%
71.4%
72.3%
Sector having highest exposure
Consumer Cyclical (18.9%)
Consumer Cyclical (19.8%)
Consumer Cyclical (19.3%)

Fund Manager

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
13.9%
17.04%
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
13.9%
17.04%
ITI Arbitrage Fund Direct Growth
3.34%
3.69%
Tanay Gabhawala

Tanay Gabhawala

Managing this fund since 21 October 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
ITI Small Cap Fund Direct Growth
0%
30.94%
ITI Balanced Advantage Fund Direct Growth
0%
11.34%
ITI Multi Cap Fund Direct Growth
11.03%
20.19%
Dhimant Shah

Dhimant Shah

Managing this fund since 1 October 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
ITI Small Cap Fund Direct Growth
0%
30.94%
ITI Balanced Advantage Fund Direct Growth
0%
11.34%
ITI Multi Cap Fund Direct Growth
11.03%
20.19%

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 12.14% since inception which is less than its category average return of 14.7%
Fund Allocations

Fund Allocations

This fund has an allocation of 95.22% in Equity, 0% in Debt and 4.78% in Cash related instruments
AUM size ₹422 Cr

AUM size ₹422 Cr

This fund has AUM of ₹422 Cr which is less than its category average of ₹ 4578 Cr
Expense Ratio 0.32%

Expense Ratio 0.32%

This fund has an expense ratio of 0.32% which is less than its category average expense ratio of 1.52%

Frequently Asked Questions

The current NAV of ITI Mid Cap Fund Direct Growth is 12.16.
Existing (Absolute + CAGR)
ITI Mid Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.27%
1.27%
6 Month Returns
20.21%
20.21%
1 Year Returns
0.87%
0.87%
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.
0.32 as on October 2022
422 Cr as on October 2022
Aditya Birla Fashion and Retail Ltd(4.03%),The Federal Bank Ltd(3.66%),ABB India Ltd(3.13%),Sundaram Finance Ltd(3.03%),Max Financial Services Ltd(2.64%) as on October 2022
Consumer Cyclical(18.88%),Industrial(18.03%),Financial Services(16.94%) as on October 2022
The alpha ratio for the ITI Mid Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
ITI Mid Cap Fund Direct Growth
-5.92
-
-
As on month end.
The alpha for ITI Mid Cap Fund Direct Growth is calculated against S&P BSE Midcap 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 Mid Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
ITI Mid Cap Fund Direct Growth
0.82
-
-
As on month end.
The Beta for ITI Mid Cap Fund Direct Growth is calculated with S&P BSE Midcap 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 Mid 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 Mid Cap Fund Direct Growth
-0.25
-
-
As on month end.
The sharpe ratio for ITI Mid Cap Fund Direct Growth is calculated with S&P BSE Midcap 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 Mid 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 Mid Cap Fund Direct Growth
16.16
-
-
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.
Hetal Gada,Rohan Korde,Tanay Gabhawala,Dhimant Shah are the fund managers of ITI Mid Cap Fund Direct Growth
The Exit load of ITI Mid Cap Fund Direct Growth is 1%

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.