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Unrated

ITI Multi Cap Fund - Direct Plan


Equity: Multi Cap

1 Lakh

Investment Grown to
₹ 1.51 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.45 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

This is a multi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes multi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other multi-cap fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 27.80 -1.14 -1.09 6.12 3.16 14.28 50.70 -- -- -- --
S&P BSE 500 TRI 30.07 -1.34 -0.16 6.37 11.02 21.09 56.57 -- -- -- --
Equity: Multi Cap -- -1.55 -0.55 6.41 12.52 25.76 -- -- -- -- --
Rank within category -- 2 10 8 11 10 -- -- -- -- --
Number of funds in category 0 11 11 11 11 10 0 0 0 0 0

As on 20-Sep-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ITI Multi Cap Fund - Direct Plan
Unrated
May-19 50.70 -- -- 0.49 288
Nippon India Multi Cap Fund - Direct Plan  | Invest Online
Unrated
Jan-13 70.45 15.38 13.96 1.31 10,622
ICICI Prudential Multicap Fund - Direct Plan  | Invest Now
Unrated
Jan-13 63.32 15.14 14.28 1.05 6,381
Aditya Birla Sun Life Multi-Cap Fund - Direct Plan  | Invest Online
Unrated
May-21 -- -- -- 0.23 2,832
Invesco India Multicap Fund - Direct Plan  | Invest Online
Unrated
Jan-13 62.63 18.64 16.85 0.96 1,573

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 11.21 01-Apr-2020 - 09-Apr-2020 -17.43 16-Mar-2020 - 23-Mar-2020
Month 20.99 23-Mar-2020 - 22-Apr-2020 -36.91 20-Feb-2020 - 23-Mar-2020
Quarter 28.13 23-Mar-2020 - 22-Jun-2020 -36.29 23-Dec-2019 - 23-Mar-2020
Year 84.91 23-Mar-2020 - 23-Mar-2021 -18.54 20-May-2019 - 19-May-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 500 TRI* 16.64 22.81 0.55 0.63 -- --
Equity: Multi Cap* 19.24 23.44 0.65 0.75 0.98 2.83
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-Aug-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 19
Top 10 Stocks (%) 71.43
Top 5 Stocks (%) 42.66
Top 3 Sectors (%) 68.01
Portfolio P/B Ratio 2.49
Portfolio P/E Ratio 21.27

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 29,888 56,843
Giant (%) 18.22 34.37
Large (%) 10.09 10.13
Mid (%) 42.55 33.64
Small (%) 29.13 21.76
Tiny (%) -- 0.39

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up V-Guard Industries Consumer Durable 48.94 9.50 0.00 9.50
up Lupin Healthcare 25.65 9.63 0.78 9.35
up Alembic Pharmaceuticals Healthcare 14.91 9.05 0.00 9.05
up Equitas Holdings Financial 9.50 8.08 0.00 8.08
new HDFC Financial 24.59 6.68 0.00 6.68
equal Eicher Motors Automobile 46.90 6.61 0.00 6.61
equal ITC FMCG 20.67 8.81 0.00 6.31
up Whirlpool Consumer Durable 80.29 6.31 0.00 6.31
equal Reliance Industries Energy 33.61 9.48 0.00 4.99
equal M&M Financial Services Financial -- 5.08 0.00 4.55
up DCB Bank Financial 9.62 4.42 0.00 4.42
equal Amara Raja Batteries Engineering 17.57 5.04 0.00 4.25
equal Godrej Consumer Products FMCG 63.43 3.35 0.00 3.35
equal City Union Bank Financial 18.08 4.43 0.00 3.08
equal Kansai Nerolac Paints Chemicals 54.24 2.96 0.00 2.84
equal Johnson Controls - Hitachi Air Conditioning India Consumer Durable 133.04 3.00 0.00 2.66
equal The Federal Bank Financial 10.40 4.67 0.00 2.56
equal Navneet Education FMCG 47.11 2.32 0.00 2.32
equal IDFC Financial -- 3.84 0.00 1.77

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Aug-2021

Fund Manager

— George Heber Joseph since 25-Apr-2019

Education: Mr George holds dual Bachelor's Degrees in English Language & Literature and Commerce. He is a qualified CA from Institute of Chartered Accountants of India, New Delhi and a Cost and Management Accountant from Institute of Cost Accountants of India, Kolkata.

Experience: Prior to joining ITI Asset Management Ltd., he has worked with ICICI Prudential Asset Management Ltd., Tanfac Industries Ltd. (Aditya Birla Group), Cholamandalam Investments & Finance Co. Ltd., Met Life India, Wipro and DSP Merrill Lynch Ltd. based in India and abroad. His last stint was at ICICI Prudential Asset Management Co. Ltd. Mumbai, where he spent more than a decade managing some of the large flagship fund strategies in the equity and hybrid categories with assets under management exceeding Rs. 10,000 crores. All funds (Multicap, ELSS – Long Term Equity Fund, Child Care) and discretionary portfolios (Wellness, Exports, Flexicap, Largecap, PIPE/Smallcap) managed by him during this entire period were excellent performers in their respective categories. There, he was designated as Senior Fund Manager (Vice President Grade) based in Mumbai, India and was one of the Key Management Personnel in the company and was part of the investment management team. He is known for his focus on extensive bottom-up research and stock-picking capabilities, has overseen fund managers activities and managed various research analysts during his tenure.

Funds Managed:

— Pradeep Gokhale since 25-Apr-2019

Education: Mr Pradeep is a qualified Chartered Accountant from Institute of Chartered Accountants of India, New Delhi and a Chartered Financial Analyst from CFA Institute – USA.

Experience: Prior to joining ITI Asset Management Ltd., he has worked with Tata Asset Management Ltd., CARE Ratings Ltd., Bombay Dyeing, Tata International and Lubrizol India Ltd. He has over 23 years of extensive experience in Fund Management, Equity Research, Credit Evaluation and Ratings. During his 15-year stint at Tata Asset Management Ltd., he managed a broad spectrum of schemes across large cap (Tata Large Cap Fund), multi cap (Tata Large and Midcap Fund, Tata India Tax Savings Fund and the equity portion of Tata Hybrid Equity Fund), offshore fund (Tata India Offshore Opportunities Fund) and thematic funds (Tata Ethical Fund) with assets under management exceeding Rs. 5,000 crores. He was responsible for heading the equity research function and also for tracking various sectors and a wide variety of stocks. On the other hand, at CARE, he took care of multiple ratings and advisory assignments of companies across manufacturing, financial services and other services sectors.

Funds Managed:


-1.14%

Change from previous, NAV as on 20-Sep-2021

Growth: ₹ 15.2271

IDCW: ₹ 14.5683


Investment Strategy

The Scheme seeks to generate long-term capital appreciation from a diversified portfolio that predominantly invests in equity and equity-related securities of companies across various market capitalisation.

Investment Details

Minimum Investment (₹) 1,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: ITI Mutual Fund
Launch Date: 15-May-2019
Return Since Launch: 19.56%
Benchmark: Nifty 500 Multicap 50:25:25 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 288 Cr (As on 31-Aug-2021)
Expense: 0.49% (As on 31-Jul-2021)
Risk Grade: --
Return Grade: --
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW22-Dec-20200.5000

Contact Information

AMC: ITI Asset Management Ltd.

Address: Naman Midtown 'A' - Wing, 21st Floor, Senapati Bapat Marg, Prabhadevi Mumbai - 400013

Phone: 1800-266-9603 / 022-66214999

Email: [email protected]

Website: http://www.itiamc.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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