ITI Value Fund

(An open-ended equity scheme following a value investment strategy)

CATEGORY OF SCHEME Value
INVESTMENT OBJECTIVE The investment objective of the scheme is to seek to generate long term capital appreciation by investing substantially in a portfolio of equity and equity related instruments by following value investing strategy. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Inception Date (Date of Allotment): 14-June-2021
Benchmark: Nifty 500 Total Return Index
Minimum Application Amount: Rs.5,000/- and in multiples of Rs. 1/- thereafter
Load Structure: Entry Load: Nil
Exit Load: – 1% if redeemed or
switched out on or before completion of 3 months
from the date of allotment of units · Nil, if
redeemed or switched out after completion of 3
months from the date of allotment of units.
Total Expense Ratio (TER):

Including Additional Expenses and Goods and Service Tax on Management Fees
Regular Plan: 2.35% Direct Plan: 0.46%
Fund Manager Mr. Rohan Korde (Since 14-Jun-21)
Total Experience: 19 years
Mr. Dhimant Shah (Since 01 December 2022)
Total Experience : 26 years

AUM (in Rs. Cr):
187.49
AAUM (in Rs. Cr):
182.22
% of top 5 holdings:
17.73%
% of top 10 holdings:
29.47%
No. of scrips:
70

Standard Deviation^:
NA
Beta^:
NA
Sharpe Ratio^*:
NA
Average P/B
6.33
Average P/E
27.40
Portfolio Beta
1.06
Portfolio Turnover Ratio
1.21
^Scheme has not completed 3 years hence NA * Risk free rate: 6.80 (Source: FIMMDA MIBOR)

Regular Plan (in Rs.)
Direct Plan (in Rs.)
Growth:
15.0217
15.9105
IDCW:
15.0217
15.9105

Name of the Instrument
% to NAV
% to NAV Derivatives

Equity & Equity Related Total

96.50

1.09

Automobile and Auto Components

4.35

Bosch Limited

1.98

Samvardhana Motherson International Limited

1.55

Sundram Fasteners Limited

0.81

Capital Goods

8.28

ABB India Limited

2.04

Bharat Heavy Electricals Limited

1.43

Avalon Technologies Limited

1.42

Suzlon Energy Limited

1.41

Carborundum Universal Limited

1.09

Finolex Cables Limited

0.89

Chemicals

2.27

Solar Industries India Limited

1.15

Vishnu Chemicals Limited

0.75

Astec LifeSciences Limited

0.37

Construction

6.61

Larsen & Toubro Limited

3.13

NCC Limited

1.41

Capacit'e Infraprojects Limited

1.11

IRCON International Limited

0.96

Construction Materials

2.02

Ambuja Cements Limited

1.14

UltraTech Cement Limited

0.87

Consumer Durables

3.94

Titan Company Limited

1.65

VIP Industries Limited

1.07

Sheela Foam Limited

0.72

Stylam Industries Limited

0.51

Consumer Services

3.17

Wonderla Holidays Limited

1.73

V-Mart Retail Limited

0.86

Thomas Cook (India) Limited

0.58

Fast Moving Consumer Goods

4.44

ITC Limited

3.42

Jyothy Labs Limited

1.02

Financial Services

24.27

1.09

HDFC Bank Limited

2.67

REC Limited

2.42

IndusInd Bank Limited

2.41

Union Bank of India

2.39

DCB Bank Limited

1.97

Bank of India

1.73

The Jammu & Kashmir Bank Limited

1.40

Power Finance Corporation Limited

1.28

RBL Bank Limited

1.18

State Bank of India

1.14

1.09

ICICI Bank Limited

1.13

Bank of Baroda

1.00

ICICI Securities Limited

0.99

Jio Financial Services Limited

0.73

Karur Vysya Bank Limited

0.73

Housing & Urban Development Corporation Limited

0.58

Indiabulls Housing Finance Limited

0.51

Healthcare

5.79

Laurus Labs Limited

1.70

Suven Pharmaceuticals Limited

1.64

Orchid Pharma Limited

1.47

Alembic Pharmaceuticals Limited

0.99

Information Technology

3.62

HCL Technologies Limited

1.39

Affle (India) Limited

1.24

Wipro Limited

0.99

Metals & Mining

6.44

Jindal Stainless Limited

2.30

Tata Steel Limited

1.21

Vedanta Limited

1.02

JSW Steel Limited

0.98

Steel Authority of India Limited

0.93

Oil Gas & Consumable Fuels

8.79

Reliance Industries Limited

5.87

Oil & Natural Gas Corporation Limited

1.19

GAIL (India) Limited

0.97

Coal India Limited

0.76

Power

7.09

NTPC Limited

2.65

KPI Green Energy Limited

1.88

SJVN Limited

1.79

NLC India Limited

0.77

Realty

2.67

Swan Energy Limited

1.19

Sunteck Realty Limited

0.80

Indiabulls Real Estate Limited

0.69

Services

0.87

GMR Airports Infrastructure Limited

0.87

Telecommunication

1.23

Bharti Airtel Limited

1.23

Textiles

0.66

Page Industries Limited

0.66

Short Term Debt & Net Current Assets

2.41

Top Ten Holdings

Value of Investment of 10,000
Period
Fund Returns (%)
Benchmark Returns (%)
Additional Benchmark
Returns (%)
Fund ()
Benchmark
()
Additional Benchmark
()
Regular - Growth
Last 1 Year
49.6%
39.6%
28.4%
14,972
13,971
12,849
Since Inception
16.2%
16.8%
14.2%
15,022
15,246
14,340
Direct - Growth
Last 1 Year
52.4%
39.6%
28.4%
15,263
13,971
12,849
Since Inception
18.67%
16.82%
14.21%
15,911
15,246
14,340

Past performance may or may not be sustained in future and is not a guarantee of any future returns, and should not be used as a basis of comparison with other investments. The performance data for 3 years period has not been provided, since scheme is in existence for less than 3 years. In case, the start / end date of the concerned period is a non-business date (NBD), the NAV of the previous date is considered for computation of returns. Different Plans i.e. Regular Plan and Direct Plan under the scheme have different expense structure. Benchmark: Nifty 500 TRI Additional Benchmark: Nifty 50 TRI. Fund Managers: Mr. Rohan Korde (Managing since 14-Jun-21) and Mr. Dhimant Shah (Managing since 01-December-2022). Inception date of the scheme (14-June-2021). Face Value per unit: Rs. 10. ITI Value Fund NAV as on Feb 29, 2024: Rs. 15.0217 (Regular Growth Option), Rs. 15.9105 (Direct Growth Option)

Period
Amount Invested
Fund Value
()
Fund Returns
(%)
Benchmark
Value ()
Benchmark
Returns (%)
Additional Benchmark
Value ()
Additional Benchmark
Returns (%)
Regular - Growth
Last 1 Year
1,20,000
1,52,490
53.97%
1,45,011
40.96%
1,37,805
28.73%
Since Inception
3,30,000
4,72,825
27.36%
4,38,037
21.22%
4,13,247
16.66%
Direct - Growth
Last 1 Year
1,20,000
1,54,145
56.90%
1,45,011
40.96%
1,37,805
28.73%
Since Inception
3,30,000
4,87,210
29.82%
4,38,037
21.22%
4,13,247
16.66%

Past performance may or may not be sustained in future and is not a guarantee of any future returns, and should not be used as a basis of comparison with other investments. Different Plans i.e. Regular Plan and Direct Plan under the scheme have different expense structure. Benchmark: Nifty 500 TRI Additional Benchmark: Nifty 50 TRI. For SIP returns, monthly investment of Rs.10,000 invested on the 1st business day of every month has been considered. CAGR Returns (%) are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return).
Disclaimer - Fund SIP Performance
The performance details provided herein are of Growth option under Direct and Regular Plans. The Fund(s) offer Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would have grown if you had invested say Rs. 10,000 systematically on the first Business Day of every month over a period of time in the Growth Option of respective scheme. The returns are calculated by XIRR approach assuming investment of 10,000/- on the 1st working day of every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows with correct allowance for the time impact of the transactions.

THIS PRODUCT IS SUITABLE FOR INVESTORS WHO ARE SEEKING^

  • Capital appreciation over long term
  • Investments in portfolio predominantly consisting of equity and equity related instruments by following a value investment strategy.

^Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Riskometer of the Scheme
Riskometer of the Primary Benchmark
Nifty 500 Total Return Index

Face Value per Unit: Rs. 10 unless other wise specified; Data is as of February 29, 2024 unless other wise specified.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully