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Fund Overview
Fund Size
₹1,133 Cr
Expense Ratio
0.26%
ISIN
INF00XX01929
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
10 Mar 2021
About this fund
ITI Mid Cap Fund Direct Growth is a Mid-Cap mutual fund schemes offered by ITI Mutual Fund. This fund has been in existence for 3 years, 9 months and 12 days, having been launched on 10-Mar-21.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹22.88, Assets Under Management (AUM) of 1133.44 Crores, and an expense ratio of 0.26%.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹22.88, Assets Under Management (AUM) of 1133.44 Crores, and an expense ratio of 0.26%.
- ITI Mid Cap Fund Direct Growth has given a CAGR return of 24.49% since inception.
- The fund's asset allocation comprises around 96.06% in equities, 0.16% in debts, and 3.77% in cash & cash equivalents.
- You can start investing in ITI Mid Cap Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
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
+37.68%
+32.43% (Cat Avg.)
3 Years
+26.76%
+23.91% (Cat Avg.)
Since Inception
+24.49%
— (Cat Avg.)
Portfolio Summaryas of 30th November 2024
| Equity | ₹1,088.82 Cr | 96.06% |
| Debt | ₹1.85 Cr | 0.16% |
| Others | ₹42.77 Cr | 3.77% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Lupin Ltd | Equity | ₹32.39 Cr | 2.86% |
| Solar Industries India Ltd | Equity | ₹28.43 Cr | 2.51% |
| Mphasis Ltd | Equity | ₹26.48 Cr | 2.34% |
| Net Receivables / (Payables) | Cash | ₹25.84 Cr | 2.28% |
| Phoenix Mills Ltd | Equity | ₹24.74 Cr | 2.18% |
| Persistent Systems Ltd | Equity | ₹23.63 Cr | 2.09% |
| Suzlon Energy Ltd | Equity | ₹23.02 Cr | 2.03% |
| National Aluminium Co Ltd | Equity | ₹22.77 Cr | 2.01% |
| Aurobindo Pharma Ltd | Equity | ₹21.62 Cr | 1.91% |
| SJVN Ltd | Equity | ₹21.53 Cr | 1.90% |
| Syngene International Ltd | Equity | ₹21.07 Cr | 1.86% |
| Oracle Financial Services Software Ltd | Equity | ₹20.86 Cr | 1.84% |
| PB Fintech Ltd | Equity | ₹20.77 Cr | 1.83% |
| L&T Technology Services Ltd | Equity | ₹20.45 Cr | 1.80% |
| Indian Bank | Equity | ₹19.14 Cr | 1.69% |
| Marico Ltd | Equity | ₹18.48 Cr | 1.63% |
| Fortis Healthcare Ltd | Equity | ₹17.86 Cr | 1.58% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹16.27 Cr | 1.44% |
| Bharti Hexacom Ltd | Equity | ₹15.98 Cr | 1.41% |
| REC Ltd | Equity | ₹15.78 Cr | 1.39% |
| The Federal Bank Ltd | Equity | ₹15.5 Cr | 1.37% |
| Max Financial Services Ltd | Equity | ₹15.32 Cr | 1.35% |
| Alkem Laboratories Ltd | Equity | ₹14.9 Cr | 1.31% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹14.59 Cr | 1.29% |
| Premier Energies Ltd | Equity | ₹14.54 Cr | 1.28% |
| Bharat Heavy Electricals Ltd | Equity | ₹14.47 Cr | 1.28% |
| Dixon Technologies (India) Ltd | Equity | ₹14.42 Cr | 1.27% |
| Prestige Estates Projects Ltd | Equity | ₹14.42 Cr | 1.27% |
| Wockhardt Ltd | Equity | ₹14.32 Cr | 1.26% |
| Treps 02-Dec-2024 | Cash - Repurchase Agreement | ₹14.23 Cr | 1.26% |
| Container Corporation of India Ltd | Equity | ₹13.91 Cr | 1.23% |
| GE Vernova T&D India Ltd | Equity | ₹13.87 Cr | 1.22% |
| NTPC Ltd | Equity | ₹13.84 Cr | 1.22% |
| Bharat Dynamics Ltd Ordinary Shares | Equity | ₹13.83 Cr | 1.22% |
| Muthoot Finance Ltd | Equity | ₹13.76 Cr | 1.21% |
| Sundaram Finance Ltd | Equity | ₹13.62 Cr | 1.20% |
| AU Small Finance Bank Ltd | Equity | ₹13.22 Cr | 1.17% |
| Schaeffler India Ltd | Equity | ₹12.95 Cr | 1.14% |
| PI Industries Ltd | Equity | ₹12.69 Cr | 1.12% |
| Jindal Stainless Ltd | Equity | ₹12.53 Cr | 1.11% |
| One97 Communications Ltd | Equity | ₹12.44 Cr | 1.10% |
| TVS Motor Co Ltd | Equity | ₹12.38 Cr | 1.09% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹12.32 Cr | 1.09% |
| Tata Power Co Ltd | Equity | ₹12.25 Cr | 1.08% |
| Hindustan Petroleum Corp Ltd | Equity | ₹12.22 Cr | 1.08% |
| PTC Industries Ltd | Equity | ₹12.21 Cr | 1.08% |
| KPIT Technologies Ltd | Equity | ₹12.15 Cr | 1.07% |
| Page Industries Ltd | Equity | ₹12.03 Cr | 1.06% |
| Jyoti CNC Automation Ltd | Equity | ₹11.86 Cr | 1.05% |
| Navin Fluorine International Ltd | Equity | ₹11.81 Cr | 1.04% |
| Escorts Kubota Ltd | Equity | ₹11.7 Cr | 1.03% |
| Jindal Steel & Power Ltd | Equity | ₹11.66 Cr | 1.03% |
| Power Finance Corp Ltd | Equity | ₹11.59 Cr | 1.02% |
| JK Cement Ltd | Equity | ₹11.53 Cr | 1.02% |
| Aditya Birla Fashion and Retail Ltd | Equity | ₹11.52 Cr | 1.02% |
| L&T Finance Ltd | Equity | ₹11.33 Cr | 1.00% |
| Bharat Forge Ltd | Equity | ₹11.32 Cr | 1.00% |
| Voltas Ltd | Equity | ₹11.24 Cr | 0.99% |
| NMDC Ltd | Equity | ₹11.14 Cr | 0.98% |
| Usha Martin Ltd | Equity | ₹11.01 Cr | 0.97% |
| Firstsource Solutions Ltd | Equity | ₹10.97 Cr | 0.97% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹10.85 Cr | 0.96% |
| Timken India Ltd | Equity | ₹10.72 Cr | 0.95% |
| Inox Wind Ltd | Equity | ₹10.65 Cr | 0.94% |
| Astral Ltd | Equity | ₹10.55 Cr | 0.93% |
| ZF Commercial Vehicle Control Systems India Ltd | Equity | ₹9.93 Cr | 0.88% |
| Afcons Infrastructure Ltd | Equity | ₹9.91 Cr | 0.87% |
| GlaxoSmithKline Pharmaceuticals Ltd | Equity | ₹9.84 Cr | 0.87% |
| Central Depository Services (India) Ltd | Equity | ₹9.69 Cr | 0.85% |
| IIFL Finance Ltd | Equity | ₹9.58 Cr | 0.85% |
| H.G. Infra Engineering Ltd Ordinary Shares | Equity | ₹9.53 Cr | 0.84% |
| Torrent Power Ltd | Equity | ₹9.24 Cr | 0.82% |
| AIA Engineering Ltd | Equity | ₹9.21 Cr | 0.81% |
| Honeywell Automation India Ltd | Equity | ₹9.12 Cr | 0.80% |
| Senco Gold Ltd | Equity | ₹8.11 Cr | 0.72% |
| Jupiter Wagons Ltd | Equity | ₹7.85 Cr | 0.69% |
| Sterling and Wilson Renewable Energy Ltd | Equity | ₹7.72 Cr | 0.68% |
| Protean eGov Technologies Ltd | Equity | ₹6.52 Cr | 0.58% |
| Man Industries (India) Ltd | Equity | ₹5.1 Cr | 0.45% |
| ITI Banking & PSU Dir Gr | Mutual Fund - Open End | ₹4.56 Cr | 0.40% |
Allocation By Market Cap (Equity)
Large Cap Stocks
8.11%
Mid Cap Stocks
69.64%
Small Cap Stocks
16.15%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Industrials | ₹218.26 Cr | 19.26% |
| Financial Services | ₹192.48 Cr | 16.98% |
| Technology | ₹170.19 Cr | 15.02% |
| Healthcare | ₹148.28 Cr | 13.08% |
| Basic Materials | ₹138.66 Cr | 12.23% |
| Consumer Cyclical | ₹78.23 Cr | 6.90% |
| Utilities | ₹56.87 Cr | 5.02% |
| Real Estate | ₹39.16 Cr | 3.45% |
| Consumer Defensive | ₹18.48 Cr | 1.63% |
| Communication Services | ₹15.98 Cr | 1.41% |
| Energy | ₹12.22 Cr | 1.08% |
Risk & Performance Ratios
Standard Deviation
This fund
14.73%
Cat. avg.
14.85%
Lower the better
Sharpe Ratio
This fund
1.22
Cat. avg.
1.05
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.05
Higher the better
Fund Managers
Dhimant Shah
Since October 2022
Rohan Korde
Since April 2022
Additional Scheme Detailsas of 30th November 2024
ISIN INF00XX01929 | Expense Ratio 0.26% | Exit Load 1.00% | Fund Size ₹1,133 Cr | Age 3 years 9 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty Midcap 150 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 Mid-Cap Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bandhan Midcap Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1547.46 Cr | 35.6% |
| Bandhan Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1547.46 Cr | 37.7% |
| Motilal Oswal Midcap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹22897.62 Cr | 58.4% |
| HDFC NIFTY Midcap 150 ETF Very High Risk | 0.2% | - | ₹15.15 Cr | - |
| Mirae Asset Midcap Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹16695.39 Cr | 24.5% |
| Mirae Asset Midcap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹16695.39 Cr | 25.9% |
| Axis Midcap Fund Regular Growth Very High Risk | 1.6% | 1.0% | ₹30329.59 Cr | 33.5% |
| Mahindra Manulife Mid Cap Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹3460.90 Cr | 37.3% |
| Mahindra Manulife Mid Cap Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3460.90 Cr | 35.3% |
| Tata Mid Cap Growth Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹4494.44 Cr | 26.0% |
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 | 0.6% | 1.0% | ₹508.96 Cr | 29.8% |
| ITI Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹51.88 Cr | 7.1% |
| ITI Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹216.46 Cr | 7.5% |
| ITI Multi Cap Fund Direct Growth Very High Risk | 0.3% | 1.0% | ₹1381.80 Cr | 26.9% |
| ITI Value Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹311.43 Cr | 25.3% |
| 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% | ₹53.13 Cr | 9.4% |
| ITI Balanced Advantage Fund Direct Growth Moderately High risk | 0.6% | 1.0% | ₹388.43 Cr | 17.3% |
| ITI Small Cap Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹2438.95 Cr | 42.1% |
| ITI Large Cap Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹376.92 Cr | 20.3% |
| ITI Banking & PSU Debt Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹30.02 Cr | 8.1% |
| ITI Banking and Financial Services Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹271.75 Cr | 10.5% |
| ITI Arbitrage Fund Direct Growth Low Risk | 0.2% | 0.0% | ₹37.55 Cr | 8.1% |
| ITI Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹16.51 Cr | 6.5% |
| ITI Mid Cap Fund Direct Growth Very High Risk | 0.3% | 1.0% | ₹1133.44 Cr | 37.7% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹398.64 Cr | 28.4% |
| ITI Pharma and Healthcare Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹217.92 Cr | 47.7% |
| ITI Flexi Cap Fund Direct Growth Very High Risk | 0.3% | 1.0% | ₹1287.64 Cr | 32.2% |
Risk Level
Your principal amount will be at Very High Risk
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We're here to help.
What is the current NAV of ITI Mid Cap Fund Direct Growth?
The NAV of ITI Mid Cap Fund Direct Growth, as of 20-Dec-2024, is ₹22.88.
What are the returns of ITI Mid Cap Fund Direct Growth?
The fund has generated 37.68% over the last 1 year and 26.76% 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 Mid Cap Fund Direct Growth?
The fund's allocation of assets is distributed as 96.06% in equities, 0.16% in bonds, and 3.77% in cash and cash equivalents.
Who manages the ITI Mid Cap Fund Direct Growth?
The fund managers responsible for ITI Mid Cap Fund Direct Growth are:-
- Dhimant Shah
- Rohan Korde
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.