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ITI Long Term Equity Fund Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (21-Nov-24)
₹25.62-0.58%1D
Returns (Since Inception)
20.28%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹388 Cr
Expense Ratio
0.50%
ISIN
INF00XX01390
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
18 Oct 2019
About this fund
ITI Long Term Equity Fund Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by ITI Mutual Fund. This fund has been in existence for 5 years, 1 months and 4 days, having been launched on 18-Oct-19.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹25.62, Assets Under Management (AUM) of 388.48 Crores, and an expense ratio of 0.5%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹25.62, Assets Under Management (AUM) of 388.48 Crores, and an expense ratio of 0.5%.
- ITI Long Term Equity Fund Direct Growth has given a CAGR return of 20.28% since inception.
- The fund's asset allocation comprises around 94.55% in equities, 0.00% in debts, and 5.45% in cash & cash equivalents.
- You can start investing in ITI Long Term Equity Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+31.44%
+27.83% (Cat Avg.)
3 Years
+18.27%
+14.94% (Cat Avg.)
5 Years
+19.75%
+19.25% (Cat Avg.)
Since Inception
+20.28%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹367.31 Cr | 94.55% |
| Others | ₹21.17 Cr | 5.45% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Trent Ltd | Equity | ₹18.42 Cr | 4.74% |
| Zomato Ltd | Equity | ₹17.55 Cr | 4.52% |
| HDFC Bank Ltd | Equity | ₹15.63 Cr | 4.02% |
| InterGlobe Aviation Ltd | Equity | ₹15.54 Cr | 4.00% |
| Treps 04-Nov-2024 | Cash - Repurchase Agreement | ₹13.54 Cr | 3.49% |
| Aditya Birla Real Estate Ltd | Equity | ₹12.71 Cr | 3.27% |
| ITC Ltd | Equity | ₹12.24 Cr | 3.15% |
| TVS Motor Co Ltd | Equity | ₹10.79 Cr | 2.78% |
| State Bank of India | Equity | ₹10.14 Cr | 2.61% |
| ICICI Bank Ltd | Equity | ₹10.04 Cr | 2.58% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹9.8 Cr | 2.52% |
| Karnataka Bank Ltd | Equity | ₹9.12 Cr | 2.35% |
| Axis Bank Ltd | Equity | ₹9.05 Cr | 2.33% |
| Welspun Corp Ltd | Equity | ₹8.91 Cr | 2.29% |
| Tata Consultancy Services Ltd | Equity | ₹8.43 Cr | 2.17% |
| NTPC Ltd | Equity | ₹8.21 Cr | 2.11% |
| Bajaj Finance Ltd | Equity | ₹8.13 Cr | 2.09% |
| CG Power & Industrial Solutions Ltd | Equity | ₹7.74 Cr | 1.99% |
| Net Receivables / (Payables) | Cash | ₹7.63 Cr | 1.96% |
| Jindal Saw Ltd | Equity | ₹7.17 Cr | 1.85% |
| KEI Industries Ltd | Equity | ₹7.13 Cr | 1.83% |
| Supreme Petrochem Ltd | Equity | ₹6.9 Cr | 1.78% |
| eClerx Services Ltd | Equity | ₹6.57 Cr | 1.69% |
| CMS Info Systems Ltd | Equity | ₹6.45 Cr | 1.66% |
| Sobha Ltd | Equity | ₹6.32 Cr | 1.63% |
| Phoenix Mills Ltd | Equity | ₹6.21 Cr | 1.60% |
| Usha Martin Ltd | Equity | ₹6.16 Cr | 1.59% |
| Bharti Airtel Ltd (Partly Paid Rs.1.25) | Equity | ₹6.03 Cr | 1.55% |
| Tega Industries Ltd | Equity | ₹5.87 Cr | 1.51% |
| Tata Power Co Ltd | Equity | ₹5.76 Cr | 1.48% |
| Supriya Lifescience Ltd | Equity | ₹5.71 Cr | 1.47% |
| NLC India Ltd | Equity | ₹5.45 Cr | 1.40% |
| Jana Small Finance Bank Ltd | Equity | ₹5.42 Cr | 1.40% |
| Bikaji Foods International Ltd | Equity | ₹5.15 Cr | 1.33% |
| Oil & Natural Gas Corp Ltd | Equity | ₹4.97 Cr | 1.28% |
| Larsen & Toubro Ltd | Equity | ₹4.69 Cr | 1.21% |
| Jindal Stainless Ltd | Equity | ₹4.58 Cr | 1.18% |
| Dredging Corp of India Ltd | Equity | ₹4.34 Cr | 1.12% |
| KPIT Technologies Ltd | Equity | ₹4.21 Cr | 1.08% |
| Zaggle Prepaid Ocean Services Ltd | Equity | ₹4.15 Cr | 1.07% |
| Adani Energy Solutions Ltd | Equity | ₹3.9 Cr | 1.01% |
| Arvind Ltd | Equity | ₹3.72 Cr | 0.96% |
| Bharat Bijlee Ltd | Equity | ₹3.71 Cr | 0.96% |
| Bharti Airtel Ltd | Equity | ₹3.56 Cr | 0.92% |
| Zensar Technologies Ltd | Equity | ₹3.52 Cr | 0.91% |
| Finolex Industries Ltd | Equity | ₹3.19 Cr | 0.82% |
| KEC International Ltd | Equity | ₹2.96 Cr | 0.76% |
| Life Insurance Corporation of India | Equity | ₹2.95 Cr | 0.76% |
| Mahindra & Mahindra Ltd | Equity | ₹2.73 Cr | 0.70% |
| Engineers India Ltd | Equity | ₹2.72 Cr | 0.70% |
| DLF Ltd | Equity | ₹2.55 Cr | 0.66% |
| GlaxoSmithKline Pharmaceuticals Ltd | Equity | ₹2.44 Cr | 0.63% |
| West Coast Paper Mills Ltd | Equity | ₹2.27 Cr | 0.59% |
| NBCC India Ltd | Equity | ₹2.19 Cr | 0.56% |
| Siemens Ltd | Equity | ₹2.1 Cr | 0.54% |
| Jyothy Labs Ltd | Equity | ₹2.08 Cr | 0.53% |
| Sansera Engineering Ltd | Equity | ₹2.05 Cr | 0.53% |
| Vishnu Chemicals Ltd | Equity | ₹2.04 Cr | 0.52% |
| Spicejet Ltd | Equity | ₹1.99 Cr | 0.51% |
| Nitin Spinners Ltd | Equity | ₹1.41 Cr | 0.36% |
| Tech Mahindra Ltd | Equity | ₹1.08 Cr | 0.28% |
| Sobha Ltd Ordinary Shares (Partly Paid Rs.5) | Equity | ₹0.43 Cr | 0.11% |
Allocation By Market Cap (Equity)
Large Cap Stocks
50.02%
Mid Cap Stocks
9.72%
Small Cap Stocks
34.81%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹80.28 Cr | 20.67% |
| Industrials | ₹70.62 Cr | 18.18% |
| Consumer Cyclical | ₹56.67 Cr | 14.59% |
| Basic Materials | ₹50.75 Cr | 13.06% |
| Technology | ₹27.96 Cr | 7.20% |
| Utilities | ₹23.33 Cr | 6.00% |
| Consumer Defensive | ₹19.47 Cr | 5.01% |
| Real Estate | ₹15.52 Cr | 4.00% |
| Communication Services | ₹9.59 Cr | 2.47% |
| Healthcare | ₹8.15 Cr | 2.10% |
| Energy | ₹4.97 Cr | 1.28% |
Risk & Performance Ratios
Standard Deviation
This fund
13.60%
Cat. avg.
13.29%
Lower the better
Sharpe Ratio
This fund
0.99
Cat. avg.
0.78
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.39
Higher the better
Fund Managers
Additional Scheme Detailsas of 31st October 2024
ISIN INF00XX01390 | Expense Ratio 0.50% | Exit Load No Charges | Fund Size ₹388 Cr | Age 5 years 1 month | Lumpsum Minimum ₹500 | Fund Status Open Ended Investment Company | Benchmark Nifty 500 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar ELSS (Tax Savings) Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata India Tax Savings Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹4680.10 Cr | 27.8% |
| Tata India Tax Savings Fund Regular Growth Very High Risk | 1.8% | 0.0% | ₹4680.10 Cr | 26.4% |
| Axis Long Term Equity Fund Regular Growth Very High Risk | 1.5% | 0.0% | ₹36533.13 Cr | 23.7% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹4273.94 Cr | 26.8% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹4273.94 Cr | 25.4% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹54.03 Cr | 22.8% |
| Shriram Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹54.03 Cr | 20.8% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹388.48 Cr | 31.4% |
| ITI Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹388.48 Cr | 29.1% |
| Sundaram Diversified Equity Regular Growth Very High Risk | 2.2% | 0.0% | ₹1559.54 Cr | 17.6% |
About the AMC
Other Funds by ITI Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| ITI Focused Equity Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹497.16 Cr | 31.9% |
| ITI Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹71.52 Cr | 7.1% |
| ITI Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹198.12 Cr | 7.5% |
| ITI Multi Cap Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹1360.14 Cr | 29.5% |
| ITI Value Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹300.54 Cr | 28.9% |
| ITI Conservative Hybrid Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹14.80 Cr | 8.9% |
| ITI Dynamic Bond Fund Direct Growth Moderate Risk | 0.1% | 0.0% | ₹43.08 Cr | 9.7% |
| ITI Balanced Advantage Fund Direct Growth Moderately High risk | 0.6% | 1.0% | ₹381.88 Cr | 20.4% |
| ITI Small Cap Fund Direct Growth Very High Risk | 0.3% | 1.0% | ₹2366.10 Cr | 39.4% |
| ITI Large Cap Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹360.06 Cr | 24.9% |
| ITI Banking & PSU Debt Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹30.27 Cr | 8.2% |
| ITI Banking and Financial Services Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹268.28 Cr | 16.2% |
| ITI Arbitrage Fund Direct Growth Low Risk | 0.2% | 0.0% | ₹37.79 Cr | 8.3% |
| ITI Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹17.93 Cr | 6.5% |
| ITI Mid Cap Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹1109.96 Cr | 41.3% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹388.48 Cr | 31.4% |
| ITI Pharma and Healthcare Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹208.21 Cr | 45.8% |
| ITI Flexi Cap Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹1262.58 Cr | 36.3% |
Risk Level
Your principal amount will be at Very High Risk
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Still got questions?
We're here to help.
What is the current NAV of ITI Long Term Equity Fund Direct Growth?
The NAV of ITI Long Term Equity Fund Direct Growth, as of 21-Nov-2024, is ₹25.62.
What are the returns of ITI Long Term Equity Fund Direct Growth?
The fund has generated 31.44% over the last 1 year and 18.27% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of ITI Long Term Equity Fund Direct Growth?
The fund's allocation of assets is distributed as 94.55% in equities, 0.00% in bonds, and 5.45% in cash and cash equivalents.
Who manages the ITI Long Term Equity Fund Direct Growth?
The fund managers responsible for ITI Long Term Equity Fund Direct Growth are:-
- Dhimant Shah
- Alok Ranjan
- Vishal Jajoo
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.