ITI Mid Cap Fund

(An open ended equity scheme predominantly investing in Mid Cap stocks)

CATEGORY OF SCHEME Mid Cap Fund
INVESTMENT OBJECTIVE The investment objective of the Scheme is to seek to generate long term capital appreciation by predominantly investing in equity and equity related securities of Mid Cap stocks. However, there can be no assurance that the investment objective of the scheme would be achieved.
Inception Date (Date of Allotment): 05-Mar-2021
Benchmark: Nifty Midcap 150 TRI
Minimum Application Amount: Rs.5,000/- and in multiples of Rs. 1/- thereafter
Load Structure: Entry Load: Nil
Exit Load: – If units are redeemed /switched out within 12 months - 1%. Nil thereafter
Total Expense Ratio (TER):

Including Additional Expenses and Goods and Service Tax on Management Fees
Regular Plan: 2.34% Direct Plan: 0.43%
Fund Manager Mr. Rohan Korde (Since 29 April 2022)
Total Experience: 19 years
Mr. Dhimant Shah (Since 01-Oct-2022)
Total Experience: 26 years

AUM (in Rs. Cr):
482.06
AAUM (in Rs. Cr):
467.80
% of top 5 holdings:
11.82%
% of top 10 holdings:
22.00%
No. of scrips:
72

Standard Deviation^:
NA
Beta^:
NA
Sharpe Ratio^*:
NA
Average P/B
6.74
Average P/E
38.82
Portfolio Beta
0.93
^Scheme has not completed 3 years hence NA * Risk free rate: 6.90 (Source: FIMMDA MIBOR)

Regular Plan (in Rs.)
Direct Plan (in Rs.)
Growth:
12.7423
13.4196
IDCW:
12.7423
13.4196

Value of Investment of 10,000
Period
Fund Returns (%)
Benchmark Returns (%)
Additional Benchmark
Returns (%)
Fund ()
Benchmark
()
Additional Benchmark
()
Regular - Growth
Last 1 Year
27.83%
34.40%
22.91%
12,783
13,440
12,291
Since Inception
11.01%
19.15%
12.78%
12,742
15,016
13,220
Direct - Growth
Last 1 Year
30.50%
34.40%
22.91%
13,050
13,440
12,291
Since Inception
13.51%
19.15%
12.78%
13,420
15,016
13,220

Past performance may or may not be sustained in future. Different Plans i.e. Regular Plan and Direct Plan under the scheme have different expense structure. Benchmark: Nifty Midcap 150 TRI Additional Benchmark: Nifty 50 TRI. Fund Managers: Mr. Rohan Korde (Managing since 29 April 2022) and Mr. Dhimant Shah (Managing since 01 October 2022). Inception date of the scheme (05-Mar-2021). Face Value per unit: Rs. 10.

Period
Amount Invested
Fund Value
()
Fund Returns
(%)
Benchmark
Value ()
Benchmark
Returns (%)
Additional Benchmark
Value ()
Additional Benchmark
Returns (%)
Regular - Growth
Last 1 Year
120000
134631
23.53%
138507
30.01%
131535
18.43%
Since Inception
270000
308487
11.91%
329857
18.22%
308946
12.04%
Direct - Growth
Last 1 Year
120000
136112
26.00%
138507
30.01%
131535
18.43%
Since Inception
270000
316428
14.28%
329857
18.22%
308946
12.04%

Past performance may or may not be sustained in future. Different Plans i.e. Regular Plan and Direct Plan under the scheme have different expense structure. Benchmark: Nifty Midcap 150 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.
Name of the Instrument
% to NAV
% to NAV Derivatives

Equity & Equity Related Total

94.08

1.00

Automobile and Auto Components

8.75

Schaeffler India Limited

2.03

TVS Motor Company Limited

1.96

Bosch Limited

1.58

Tube Investments of India Limited

1.31

Sundram Fasteners Limited

1.13

Sona BLW Precision Forgings Limited

0.74

Capital Goods

18.25

ABB India Limited

2.49

Timken India Limited

1.83

Bharat Electronics Limited

1.75

Honeywell Automation India Limited

1.72

Cummins India Limited

1.71

Hindustan Aeronautics Limited

1.55

Bharat Dynamics Limited

1.41

Bharat Forge Limited

1.32

Bharat Heavy Electricals Limited

0.99

SKF India Limited

0.88

Ashok Leyland Limited

0.74

Carborundum Universal Limited

0.73

JTL Industries Limited

0.62

Jupiter Wagons Limited

0.52

Chemicals

6.34

Solar Industries India Limited

2.16

Gujarat Fluorochemicals Limited

1.76

Vinati Organics Limited

1.46

Sumitomo Chemical India Limited

0.96

Construction Materials

2.05

Dalmia Bharat Limited

1.06

JK Cement Limited

0.99

Consumer Durables

4.13

Crompton Greaves Consumer Electricals Limited

1.76

TTK Prestige Limited

1.35

Voltas Limited

1.02

Consumer Services

4.17

Aditya Birla Fashion and Retail Limited

2.09

Westlife Foodworld Limited

1.21

Trent Limited

0.87

Fast Moving Consumer Goods

3.21

Emami Limited

1.13

Patanjali Foods Limited

1.09

Varun Beverages Limited

0.99

Financial Services

22.70

Shriram Finance Limited

2.86

Max Financial Services Limited

2.19

The Federal Bank Limited

2.12

Power Finance Corporation Limited

2.00

Indian Bank

2.00

Sundaram Finance Limited

1.98

Bank of Baroda

1.97

IDFC First Bank Limited

1.51

IndusInd Bank Limited

1.13

Mahindra & Mahindra Financial Services Limited

1.12

L&T Finance Holdings Limited

1.05

Ujjivan Financial Services Limited

1.03

Can Fin Homes Limited

0.87

City Union Bank Limited

0.86

Healthcare

6.21

Max Healthcare Institute Limited

2.06

Fortis Healthcare Limited

1.22

Syngene International Limited

1.16

Zydus Lifesciences Limited

1.02

Laurus Labs Limited

0.74

Information Technology

2.94

1.00

Coforge Limited

1.52

Persistent Systems Limited

1.41

Infosys Limited

1.00

Media, Entertainment & Publication

1.38

Zee Entertainment Enterprises Limited

1.38

Metals & Mining

3.53

Jindal Steel & Power Limited

1.57

Steel Authority of India Limited

1.18

Jindal Stainless Limited

0.77

Oil Gas & Consumable Fuels

0.93

Gujarat State Petronet Limited

0.93

Power

1.75

NTPC Limited

0.93

Power Grid Corporation of India Limited

0.82

Realty

3.02

The Phoenix Mills Limited

1.31

Oberoi Realty Limited

0.98

Brigade Enterprises Limited

0.73

Services

1.84

Container Corporation of India Limited

1.19

Blue Dart Express Limited

0.65

Telecommunication

1.04

Tata Communications Limited

1.04

Textiles

1.85

Page Industries Limited

1.07

Ganesha Ecosphere Limited

0.78

Mutual Fund Units

0.84

ITI Banking & PSU Debt Fund -Direct Plan -Growth Option

0.84

Short Term Debt & Net Current Assets

4.08

Top Ten Holdings

THIS PRODUCT IS SUITABLE FOR INVESTORS WHO ARE SEEKING^

  • Capital appreciation over long term
  • Investment in a diversified portfolio predominantly consisting of equity and equity related instruments of mid cap companies

^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 Midcap 150 TRI

Face Value per Unit: Rs. 10 unless other wise specified; Data is as of June 30, 2023 unless other wise specified.

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