ITI Long Term Equity Fund Direct Growth

Fund Overview

Fund Size

₹374 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, 4 months and 4 days, having been launched on 18-Oct-19.
As of 21-Feb-25, it has a Net Asset Value (NAV) of ₹23.49, Assets Under Management (AUM) of 374.22 Crores, and an expense ratio of 0.5%.

ITI Long Term Equity Fund Direct Growth has given a CAGR return of 17.32% since inception.
The fund's asset allocation comprises around 98.34% in equities, 0.00% in debts, and 1.66% 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

+4.46%

+4.92% (Cat Avg.)

3 Years

+18.40%

+14.20% (Cat Avg.)

5 Years

+16.94%

+16.83% (Cat Avg.)

Since Inception

+17.32%

— (Cat Avg.)

Portfolio Summaryas of 31st January 2025

Equity	₹367.99 Cr	98.34%
Others	₹6.23 Cr	1.66%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
HDFC Bank Ltd	Equity	₹23.64 Cr	6.32%
Aditya Birla Real Estate Ltd	Equity	₹13.62 Cr	3.64%
InterGlobe Aviation Ltd	Equity	₹12.65 Cr	3.38%
Axis Bank Ltd	Equity	₹11.11 Cr	2.97%
TVS Motor Co Ltd	Equity	₹10.63 Cr	2.84%
Trent Ltd	Equity	₹10.17 Cr	2.72%
Cholamandalam Investment and Finance Co Ltd	Equity	₹9.9 Cr	2.65%
State Bank of India	Equity	₹9.55 Cr	2.55%
Bajaj Finance Ltd	Equity	₹9.3 Cr	2.49%
Welspun Corp Ltd	Equity	₹9.09 Cr	2.43%
Sobha Ltd	Equity	₹8.73 Cr	2.33%
Zaggle Prepaid Ocean Services Ltd	Equity	₹7.65 Cr	2.04%
Jana Small Finance Bank Ltd	Equity	₹7.44 Cr	1.99%
KEI Industries Ltd	Equity	₹7.08 Cr	1.89%
Mahindra & Mahindra Ltd	Equity	₹7.01 Cr	1.87%
CG Power & Industrial Solutions Ltd	Equity	₹6.98 Cr	1.86%
eClerx Services Ltd	Equity	₹6.9 Cr	1.85%
Supriya Lifescience Ltd	Equity	₹6.59 Cr	1.76%
NTPC Ltd	Equity	₹6.52 Cr	1.74%
KPI Green Energy Ltd	Equity	₹6.43 Cr	1.72%
NBCC India Ltd	Equity	₹6.39 Cr	1.71%
Net Receivables / (Payables)	Cash	₹6.23 Cr	1.66%
Bharti Airtel Ltd (Partly Paid Rs.1.25)	Equity	₹6 Cr	1.60%
ICICI Bank Ltd	Equity	₹5.96 Cr	1.59%
PNB Housing Finance Ltd	Equity	₹5.68 Cr	1.52%
Supreme Petrochem Ltd	Equity	₹5.61 Cr	1.50%
Godrej Properties Ltd	Equity	₹5.39 Cr	1.44%
Tata Consultancy Services Ltd	Equity	₹5.1 Cr	1.36%
Bharat Bijlee Ltd	Equity	₹5 Cr	1.34%
Usha Martin Ltd	Equity	₹4.96 Cr	1.32%
Tata Power Co Ltd	Equity	₹4.78 Cr	1.28%
Engineers India Ltd	Equity	₹4.69 Cr	1.25%
Tega Industries Ltd	Equity	₹4.63 Cr	1.24%
Larsen & Toubro Ltd	Equity	₹4.62 Cr	1.23%
Zensar Technologies Ltd	Equity	₹4.35 Cr	1.16%
KPIT Technologies Ltd	Equity	₹4.25 Cr	1.14%
Bikaji Foods International Ltd	Equity	₹4.19 Cr	1.12%
PG Electroplast Ltd	Equity	₹4 Cr	1.07%
Indus Towers Ltd Ordinary Shares	Equity	₹3.98 Cr	1.06%
Housing & Urban Development Corp Ltd	Equity	₹3.94 Cr	1.05%
Standard Glass Lining Technology Ltd	Equity	₹3.85 Cr	1.03%
ITC Ltd	Equity	₹3.82 Cr	1.02%
Dam Capital Advisors Ltd	Equity	₹3.81 Cr	1.02%
Home First Finance Co India Ltd ---	Equity	₹3.79 Cr	1.01%
Hindustan Petroleum Corp Ltd	Equity	₹3.75 Cr	1.00%
KEC International Ltd	Equity	₹3.64 Cr	0.97%
Anant Raj Ltd	Equity	₹3.58 Cr	0.96%
CMS Info Systems Ltd	Equity	₹3.44 Cr	0.92%
Sansera Engineering Ltd	Equity	₹3.4 Cr	0.91%
Arvind Ltd	Equity	₹3.38 Cr	0.90%
Dredging Corp of India Ltd	Equity	₹3.29 Cr	0.88%
Karur Vysya Bank Ltd	Equity	₹3.26 Cr	0.87%
Zomato Ltd	Equity	₹3.13 Cr	0.84%
Jyothy Labs Ltd	Equity	₹3.1 Cr	0.83%
Adani Energy Solutions Ltd	Equity	₹2.99 Cr	0.80%
Sequent Scientific Ltd	Equity	₹2.88 Cr	0.77%
One97 Communications Ltd	Equity	₹2.86 Cr	0.76%
JSW Infrastructure Ltd	Equity	₹2.8 Cr	0.75%
HariOm Pipe Industries Ltd	Equity	₹2.76 Cr	0.74%
Allied Blenders and Distillers Ltd	Equity	₹2.61 Cr	0.70%
Supreme Industries Ltd	Equity	₹2.29 Cr	0.61%
Juniper Hotels Ltd	Equity	₹2.21 Cr	0.59%
Finolex Industries Ltd	Equity	₹2.16 Cr	0.58%
Kalyan Jewellers India Ltd	Equity	₹1.88 Cr	0.50%
Siemens Ltd	Equity	₹1.83 Cr	0.49%
Cummins India Ltd	Equity	₹1.77 Cr	0.47%
Vishnu Chemicals Ltd	Equity	₹1.71 Cr	0.46%
Nitin Spinners Ltd	Equity	₹1.41 Cr	0.38%
Tech Mahindra Ltd	Equity	₹1.13 Cr	0.30%
Sanghvi Movers Ltd	Equity	₹0.63 Cr	0.17%
ITC Hotels Ltd	Equity	₹0.41 Cr	0.11%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹97.37 Cr	26.02%
Industrials	₹77.71 Cr	20.77%
Consumer Cyclical	₹43.62 Cr	11.66%
Basic Materials	₹37.74 Cr	10.08%
Technology	₹36.24 Cr	9.68%
Utilities	₹20.71 Cr	5.53%
Real Estate	₹17.69 Cr	4.73%
Consumer Defensive	₹13.71 Cr	3.66%
Communication Services	₹9.97 Cr	2.67%
Healthcare	₹9.47 Cr	2.53%
Energy	₹3.75 Cr	1.00%

Risk & Performance Ratios

Fund Managers

Dhimant Shah

Since December 2022

Alok Ranjan

Since November 2024

Vishal Jajoo

Since May 2023

Additional Scheme Detailsas of 31st January 2025

ISIN

INF00XX01390

Expense Ratio

0.50%

Exit Load

No Charges

Fund Size

₹374 Cr

Age

5 years 4 months

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%	₹4397.93 Cr	7.9%
Tata India Tax Savings Fund Regular Growth Very High Risk	1.8%	0.0%	₹4397.93 Cr	6.7%
Axis Long Term Equity Fund Regular Growth Very High Risk	1.5%	0.0%	₹34496.58 Cr	8.3%
Parag Parikh Tax Saver Fund Direct Growth Very High Risk	0.6%	0.0%	₹4572.13 Cr	11.6%
Parag Parikh Tax Saver Fund Regular Growth Very High Risk	1.7%	0.0%	₹4572.13 Cr	10.4%
Shriram Long Term Equity Fund Direct Growth Very High Risk	0.8%	0.0%	₹47.53 Cr	-5.7%
Shriram Long Term Equity Fund Regular Growth Very High Risk	2.3%	0.0%	₹47.53 Cr	-7.2%
ITI Long Term Equity Fund Direct Growth Very High Risk	0.5%	0.0%	₹374.22 Cr	4.5%
ITI Long Term Equity Fund Regular Growth Very High Risk	2.3%	0.0%	₹374.22 Cr	2.6%
Sundaram Diversified Equity Regular Growth Very High Risk	2.2%	0.0%	₹1467.94 Cr	4.1%

About the AMC

ITI Mutual Fund

022-66214999

https://www.itimf.com/

Total AUM

₹9,280 Cr

Address

Mumbai, 400013

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%	₹482.56 Cr	7.9%
ITI Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹80.55 Cr	7.1%
ITI Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹317.43 Cr	7.4%
ITI Multi Cap Fund Direct Growth Very High Risk	0.2%	1.0%	₹1312.94 Cr	-0.6%
ITI Value Fund Direct Growth Very High Risk	0.5%	1.0%	₹301.03 Cr	-0.4%
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%	₹47.38 Cr	8.1%
ITI Balanced Advantage Fund Direct Growth Moderately High risk	0.5%	1.0%	₹378.30 Cr	4.8%
ITI Small Cap Fund Direct Growth Very High Risk	0.4%	1.0%	₹2253.76 Cr	6.5%
ITI Large Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹364.35 Cr	1.8%
ITI Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹30.73 Cr	7.6%
ITI Banking and Financial Services Fund Direct Growth Very High Risk	0.3%	1.0%	₹265.94 Cr	4.3%
ITI Arbitrage Fund Direct Growth Low Risk	0.2%	0.0%	₹43.18 Cr	7.8%
ITI Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹18.29 Cr	6.5%
ITI Mid Cap Fund Direct Growth Very High Risk	0.1%	1.0%	₹1095.38 Cr	4.8%
ITI Long Term Equity Fund Direct Growth Very High Risk	0.5%	0.0%	₹374.22 Cr	4.5%
ITI Pharma and Healthcare Fund Direct Growth Very High Risk	0.4%	1.0%	₹216.51 Cr	11.9%
ITI Flexi Cap Fund Direct Growth Very High Risk	0.1%	1.0%	₹1200.60 Cr	4.4%

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-Feb-2025, is ₹23.49.

What are the returns of ITI Long Term Equity Fund Direct Growth?

The fund has generated 4.46% over the last 1 year and 18.40% 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 98.34% in equities, 0.00% in bonds, and 1.66% 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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Fund Overview

Fund Size

₹374 Cr

Expense Ratio

0.50%

ISIN

INF00XX01390

Minimum SIP

₹500

Exit Load

No Charges

Inception Date

18 Oct 2019

Risk Level

Your principal amount will be at Very High Risk