ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl
ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl

ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl

Equity
Direct
Mid-Cap

NAV: ₹ 12.2 as on 06-10-2022

Fund Performance

Fund Performance

Return
1M
3M
6M
1Y
This Fund
0.3%
16.7%
8.4%
0.9%
Benchmark
-0.9%
14.2%
3.2%
1.9%
Category
-0.3%
14.8%
3.3%
2.8%
About the Fund

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

Key parameters

1) ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl has a NAV of 12.2332 as on 06-10-2022.

2) ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl has 406 Cr worth of assets under management (AUM) as on 31-08-2022 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
₹406 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
39.58%

Fund Distribution

  • Equity 97.6%
  • Debt & Cash 2.4%
Size breakup
Mid cap
75.5%
Large cap
15.3%
Small cap
6.8%

Sector Allocation

Aug'22

Jul'22

Jun'22

Consumer Cyclical

19.8%

Industrial

18.6%

Financial Services

17.2%

Basic Materials

9.6%

Health

8.9%

Tech

5.9%

Energy

5.7%

Utilities

5.4%

Real Estate

3.5%

Consumer Defensive

3.2%

Communication

2.3%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings61
Equity Holdings60
Debt Holdings1

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 21.8 Cr in last 1M
Aug'22 return underperformed benchmark

Change in AUM

Aug'22
₹ 406.4 Cr
Jul'22
₹ 384.6 Cr
Jun'22
₹ 348.5 Cr

Fund Returns vs Benchmark

Aug'22
10.50%
11.08%
Jul'22
10.50%
11.08%
Jun'22
-2.86%
-5.75%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Aug'22
Jul'22
Jun'22
No of Holdings
61
62
62
Top 5 Company Concentration
16.5%
16.1%
15.3%
Company having highest exposure
Aditya Birla Fashion and Retail Ltd (3.6%)
Max Financial Services Ltd (3.5%)
Max Financial Services Ltd (3.5%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
72.3%
73.7%
72%
Sector having highest exposure
Consumer Cyclical (19.3%)
Consumer Cyclical (18.9%)
Consumer Cyclical (18.1%)

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
0%
18.04%
Rohan Korde

Rohan Korde

Managing this fund since 29 April 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
ITI Arbitrage Fund Direct Growth
3.53%
3.81%
ITI Long Term Equity Fund Direct Growth
0%
18.04%
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%
32.39%
ITI Balanced Advantage Fund Direct Growth
0%
11.8%
ITI Multi Cap Fund Direct Growth
12.55%
21.66%

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 13.69% since inception which is less than its category average return of 15.81%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.64% in Equity, 0% in Debt and 2.36% in Cash related instruments
AUM size ₹406 Cr

AUM size ₹406 Cr

This fund has AUM of ₹406 Cr which is less than its category average of ₹ 4676 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 1.53%

Frequently Asked Questions

The current NAV of ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl is 12.12.
Existing (Absolute + CAGR)
ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.47%
0.47%
6 Month Returns
8.72%
8.72%
1 Year Returns
-0.78%
-0.78%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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0.32 as on September 2022
406 Cr as on September 2022
Aditya Birla Fashion and Retail Ltd(3.61%),ABB India Ltd(3.48%),The Federal Bank Ltd(3.38%),Max Financial Services Ltd(3.19%),Sundaram Finance Ltd(2.81%) as on September 2022
Consumer Cyclical(19.32%),Industrial(18.12%),Financial Services(16.79%) as on September 2022
The alpha ratio for the ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl
-4.8
-
-
As on month end.
The alpha for ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl 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 Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl
0.82
-
-
As on month end.
The Beta for ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl 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 Reinvestment Inc Dist cum Cap Wdrl 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 Reinvestment Inc Dist cum Cap Wdrl
-0.25
-
-
As on month end.
The sharpe ratio for ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl 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 Reinvestment Inc Dist cum Cap Wdrl 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 Reinvestment Inc Dist cum Cap Wdrl
16.15
-
-
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,Dhimant Shah are the fund managers of ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl
The Exit load of ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl is 1%