ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Equity
Direct
Mid-Cap
NAV: ₹ 14.9 as on 29-09-2023
Fund Performance
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 . The fund could potentially beat inflation in the long-run.
Key Parameters
- ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl has ₹524 Cr worth of assets under management (AUM) as on Aug 2023 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 |
 | ₹524 Cr |
 | 10 March, 2021 |
 | ₹5000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 59.8% |
Fund Distribution as on (31-Aug-23)
Size breakup
Mid cap
66.9%
Large cap
15.7%
Small cap
13.1%
Sector Allocation
Industrial
22.5%
Consumer Cyclical
21.1%
Financial Services
20.4%
Basic Materials
13.1%
Health
8.7%
Tech
4.9%
Communication
3%
Real Estate
2.4%
Consumer Defensive
2.2%
Utilities
1.6%
Top Holdings of ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl as on (31-Aug-23)
Equity Holdings75
Debt Holdings1
ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at 2.79% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at 3.84% as on Aug'23
- This fund underperformed Nifty Midcap 150 by 1.04% in Aug'23
AUM Change
- AUM of the fund stands at 523.6 Cr as of Aug'23
- AUM increased by 15.6 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl portfolio Returns for the month of Aug
Top Growth Drivers | 1M Return |
|---|---|
 Suzlon Energy Ltd | 27.2% |
 Solar Industries India Ltd | 25.7% |
 Max Financial Services Ltd | 15.2% |
Peer Analysis
Fund 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 16.83% since inception which is less than its category average return of 17.28%
Fund Allocations
This fund has an allocation of 96.89% in Equity, 0.52% in Debt and 2.59% in Cash related instruments
AUM size ₹524 Cr
This fund has AUM of ₹524 Cr which is less than its category average of ₹ 5918 Cr
Expense Ratio 0.43%
This fund has an expense ratio of 0.43% which is less than its category average expense ratio of 1.43%
Frequently Asked Questions
The current NAV of ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl is ₹14.87 as on 29-Sep-2023.
Existing (Absolute + CAGR) as on 29-Sep-2023.
ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 3.61% | 3.61% |
6 Month Returns | 29.46% | 29.46% |
1 Year Returns | 25.65% | 25.65% |
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.
0.43% as on August 2023
₹524 Cr as on August 2023
Shriram Finance Ltd Shs Dematerialised(2.96%), The Federal Bank Ltd(2.75%), Solar Industries India Ltd(2.59%), Laurus Labs Ltd(2.16%), ABB India Ltd(2.1%) as on August 2023
Industrial(21.78%), Consumer Cyclical(20.49%), Financial Services(19.74%) as on August 2023
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 | - | - | - |
As on August 2023
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 | - | - | - |
As on August 2023
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 | 1.26 | - | - |
As on August 2023
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 | 9.9 | - | - |
As on August 2023
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.
The Exit load of ITI Mid Cap Fund Direct Reinvestment Inc Dist cum Cap Wdrl is 1%