ITI Pharma and Healthcare Fund Direct Growth
About the Fund
ITI Pharma and Healthcare Fund Direct Growth is an equity fund. This fund was started on 11 November, 2021. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- ITI Pharma and Healthcare Fund Direct Growth has ₹173 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
ITI Pharma and Healthcare Fund Direct Growth has given a CAGR return of 18.65% since inception. Over the last 1 year the fund has given a CAGR return of 44.35%.
Holdings
ITI Pharma and Healthcare Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Health, Basic Materials. Its top holdings are Sun Pharmaceuticals Industries Ltd, Dr Reddy's Laboratories Ltd, Lupin Ltd, Apollo Hospitals Enterprise Ltd, Suven Pharmaceuticals Ltd
Taxation
As it is a sector - healthcare mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of ITI Pharma and Healthcare Fund Direct Growth
The investment objective of the scheme is to seek to generate long term capital appreciation through investing in equity and equity related securities of companies engaged in Pharma and Healthcare. However, there can be no assurance that the investment objective of the scheme would be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. ITI Pharma and Healthcare Fund Direct Growth has no lock in period.
Fund Overview
| Expense ratio | 0.43% |
Benchmark | S&P BSE Healthcare PR |
| AUM | ₹173 Cr |
| Inception Date | 11 November, 2021 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 22.62% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Suven Pharmaceuticals Ltd | 24% |
 Dr Reddys Laboratories Ltd | 13.4% |
 Max Healthcare Institute Ltd | 4.2% |
ITI Pharma and Healthcare Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹173 Cr
Expense Ratio 0.43%
Frequently Asked Questions
ITI Pharma and Healthcare Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 7.9% | 7.9% |
6 Month Returns | 17.9% | 17.9% |
1 Year Returns | 44.35% | 44.35% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ITI Pharma and Healthcare Fund Direct Growth | 2.77 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ITI Pharma and Healthcare Fund Direct Growth | 0.87 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ITI Pharma and Healthcare Fund Direct Growth | 1.98 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ITI Pharma and Healthcare Fund Direct Growth | 14.34 | - | - |