ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Equity
Direct
Mid-Cap
NAV: ₹ 18.81 as on 18-04-2024
Fund Performance
About the ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl
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 . The fund could potentially beat inflation in the long-run.
Key Parameters
- ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl has ₹748 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.
ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl Overview
 | 0.43% |
 Benchmark | S&P BSE Midcap TR INR |
 | ₹748 Cr |
 | 10 March, 2021 |
 | ₹5000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 59.8% |
ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl Distribution as on (31-Mar-24)
Size breakup
Mid cap
67.1%
Large cap
15.6%
Small cap
12.2%
Sector Allocation
Industrial
23.4%
Financial Services
21.4%
Basic Materials
13.1%
Consumer Cyclical
12.4%
Tech
6.4%
Health
6.3%
Utilities
6.2%
Real Estate
4.6%
Communication
2.7%
Energy
2.5%
Consumer Defensive
0.9%
Top Holdings of ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl as on (31-Mar-24)
Equity Holdings79
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Solar Industries India Ltd | 3.26% | -4.1% | |
 Bank of India | 2.59% | -10.6% | |
 SJVN Ltd | 2.11% | 0% | |
 REC Ltd | 2.05% | 0% | |
Jindal Stainless Ltd | 2.04% | 0% |
See all
ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.79% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at -1.16% as on Mar'24
- This fund outperformed Nifty Midcap 150 by 2.95% in Mar'24
AUM Change
- AUM of the fund stands at 748.3 Cr as of Mar'24
- AUM increased by 32.1 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
Jyoti CNC Automation Ltd | 34.2% |
 ABB India Ltd | 20.7% |
 Solar Industries India Ltd | 16.1% |
Top Losers | 1M Return |
|---|---|
 Coforge Ltd | -9% |
 Persistent Systems Ltd | -2.1% |
 NMDC Ltd | 16.3% |
Peer Analysis
ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl 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 24.43% since inception which is more than its category average return of 18.76%
Fund Allocations
This fund has an allocation of 96.05% in Equity, 0.42% in Debt and 3.54% in Cash related instruments
AUM size ₹748 Cr
This fund has AUM of ₹748 Cr which is less than its category average of ₹ 7349 Cr
Expense Ratio 0.43%
This fund has an expense ratio of 0.43% which is less than its category average expense ratio of 1.39%
Frequently Asked Questions
The current NAV of ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl is ₹18.81 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 6.26% | 6.26% |
6 Month Returns | 31.95% | 31.95% |
1 Year Returns | 66.09% | 66.09% |
3 Years Returns | 97.9% | 25.55% |
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.
0.43% as on March 2024
₹748 Cr as on March 2024
Solar Industries India Ltd(3.26%), Bank of India(2.59%), SJVN Ltd(2.11%), REC Ltd(2.05%), Jindal Stainless Ltd(2.04%) as on March 2024
Industrial(22.46%), Financial Services(20.59%), Basic Materials(12.62%) as on March 2024
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 | 10.27 | 0.4 | - |
As on March 2024
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 | 0.87 | 0.89 | - |
As on March 2024
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 | 3.75 | 1.27 | - |
As on March 2024
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 | 12.15 | 14.12 | - |
As on March 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 2.72 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
The Exit load of ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl is 1%