ITI Flexi Cap Fund Direct Growth

ITI Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 22 February, 2023. The fund is managed by . The fund could potentially beat inflation in the long-run.

1. ITI Flexi Cap Fund Direct Growth has ₹1052 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
2. The fund has an expense ratio 0.3.
   

ITI Flexi Cap Fund Direct Growth has given a CAGR return of 29.50% since inception. Over the last 1 year the fund has given a CAGR return of 9.27%.

ITI Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Tech, Consumer Cyclical, Basic Materials, Health, Corporate, Government, Consumer Defensive, Energy, Communication, Utilities, Real Estate. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Godfrey Phillips India Ltd, Bharti Airtel Ltd

As it is a flexi cap mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The investment objective of the scheme is to generate long-term capital appreciation from a diversified portfolio that dynamically invests in equity and equity-related securities of companies across various market capitalisation. However, there can be no assurance that the investment objective of the scheme would be achieved.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. ITI Flexi Cap Fund Direct Growth has no lock in period.