ITI Small Cap Fund Direct Growth

Equity
Direct
Small-Cap
ITI Small Cap Fund Direct Growth

About the Fund

ITI Small Cap Fund Direct Growth is an equity fund. This fund was started on 17 February, 2020. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. ITI Small Cap Fund Direct Growth has ₹2034 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

ITI Small Cap Fund Direct Growth has given a CAGR return of 28.59% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 69.99% and 24.41% respectively.

Holdings

ITI Small Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Basic Materials, Consumer Cyclical, Tech, Health, Government, Consumer Defensive, Communication, Real Estate, Corporate, Utilities, Energy. Its top holdings are Jindal Stainless Ltd, Bharat Dynamics Ltd Ordinary Shares, NCC Ltd, Kirloskar Oil Engines Ltd, Jyoti CNC Automation Ltd

Taxation

As it is a small-cap 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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of ITI Small Cap Fund Direct Growth

The investment objective of the Scheme is to generate capital appreciation by predominantly investing in equity and equity related securities of small cap companies. 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 Small Cap Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
430 people have invested ₹ 40.4L in ITI Small Cap Fund Direct Growth in the last three months

INDmoney Rank

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3Y returns in the bottom 25% of the category

Fund Overview

Expense ratio0.19%
Benchmark
S&P BSE Smallcap TR INR
AUM₹2034 Cr
Inception Date17 February, 2020
Min Lumpsum/SIP₹5000/₹500
Exit Load
1%
Lock InNo Lock-in
TurnOver
74.06%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 93.7%

  • Debt & Cash 6.3%

Small cap
61.8%

Mid cap
20.5%

Large cap
11.4%

Sector Allocation

May'24

Apr'24

Mar'24

Industrial
32.7%
Financial Services
16.4%
Basic Materials
16.1%
Consumer Cyclical
11.5%
Tech
7%
Health
6.7%
Consumer Defensive
3.4%
Communication
2.1%
Real Estate
2%
Utilities
1.2%
Energy
0.9%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

ITI Small Cap Fund Direct Growth Highlights

Risk 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 28.59% since inception which is more than its category average return of 21.38%
Fund Allocations

Fund Allocations

This fund has an allocation of 93.67% in Equity, 0.33% in Debt and 5.99% in Cash related instruments
AUM size ₹2034 Cr

AUM size ₹2034 Cr

This fund has AUM of ₹2034 Cr which is less than its category average of ₹ 6871 Cr
Expense Ratio 0.19%

Expense Ratio 0.19%

This fund has an expense ratio of 0.19% which is less than its category average expense ratio of 1.2%

Frequently Asked Questions

The current NAV of ITI Small Cap Fund Direct Growth is ₹29.66 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
ITI Small Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
11.39%
11.39%
6 Month Returns
28.86%
28.86%
1 Year Returns
69.99%
69.99%
3 Years Returns
92.55%
24.41%
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.
0.19% as on May 2024
₹2034 Cr as on May 2024
Jindal Stainless Ltd(3.01%), Bharat Dynamics Ltd Ordinary Shares(2.89%), NCC Ltd(2.64%), Kirloskar Oil Engines Ltd(2.55%), Jyoti CNC Automation Ltd(1.93%) as on May 2024
Industrial(30.66%), Financial Services(15.32%), Basic Materials(15.04%) as on May 2024
The alpha ratio for the ITI Small Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
ITI Small Cap Fund Direct Growth
21.38
2.2
-
As on May 2024
The alpha for ITI Small Cap Fund Direct Growth is calculated against S&P BSE Smallcap 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 Small Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
ITI Small Cap Fund Direct Growth
0.6
0.77
-
As on May 2024
The Beta for ITI Small Cap Fund Direct Growth is calculated with S&P BSE Smallcap 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 Small 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 Small Cap Fund Direct Growth
3.99
1.11
-
As on May 2024
The sharpe ratio for ITI Small Cap Fund Direct Growth is calculated with S&P BSE Smallcap 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 Small 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 Small Cap Fund Direct Growth
11.64
15.64
-
As on May 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 1.94 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
The Exit load of ITI Small Cap Fund Direct Growth is 1%