"When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.
This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.
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 mid-cap fund, if you need to redeem your investment in less than seven years.
Taxability of earnings:
|S&P BSE 150 MidCap TRI||4.60||-0.02||2.63||2.94||-0.91||14.42||--||--||--||--||--|
|Equity: Mid Cap||4.20||0.07||2.39||3.47||0.17||14.70||--||--||--||--||--|
|Rank within category||31||8||29||33||33||32||--||--||--||--||--|
|Number of funds in category||35||35||35||33||33||32||29||24||21||20||18|
As on 14-Jan-2022
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|ITI Mid Cap Fund - Regular Plan||Mar-21||--||--||--||2.62%||370|
|Kotak Emerging Equity Fund Regular Plan | Invest Online||Mar-07||44.82||27.16||19.77||1.81%||17,529|
|Axis Midcap Fund||Feb-11||39.27||27.42||23.87||1.82%||16,835|
|Nippon India Growth Fund | Invest Online||Oct-95||44.43||26.25||19.79||1.88%||11,906|
|PGIM India Midcap Opportunities Fund - Regular Plan | Invest Online||Dec-13||58.73||38.10||23.56||2.13%||4,070|
|Best Performance||Worst Performance|
|Return (%)||Period||Return (%)||Period|
|Week||4.41||26-Aug-2021 - 02-Sep-2021||-6.61||13-Dec-2021 - 20-Dec-2021|
|Month||12.44||14-May-2021 - 15-Jun-2021||-8.34||18-Nov-2021 - 20-Dec-2021|
|Quarter||17.08||22-Apr-2021 - 22-Jul-2021||-6.50||12-Oct-2021 - 11-Jan-2022|
|S&P BSE 150 MidCap TRI*||24.78||25.06||0.84||0.91||--||--|
|Equity: Mid Cap*||23.26||23.32||0.84||0.88||0.90||0.51|
|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 31-Dec-2021
|Number of Stocks||35|
|Top 10 Stocks (%)||36.21|
|Top 5 Stocks (%)||20.59|
|Top 3 Sectors (%)||50.97|
|Portfolio P/B Ratio||3.12|
|Portfolio P/E Ratio||22.79|
|Average Mkt Cap (Rs Cr)||28,587||30,314|
|Company||Sector||P/E||3Y High||3Y Low||% Assets|
|Amara Raja Batteries||Engineering||16.75||4.95||0.00||3.12|
|Sun Pharmaceutical Industries||Healthcare||32.95||3.08||0.00||3.08|
|Kansai Nerolac Paints||Chemicals||61.49||3.10||0.50||2.96|
|The Federal Bank||Financial||11.74||4.07||1.79||2.93|
|Max Financial Services||Financial||119.01||3.10||0.53||2.83|
|Hindustan Petroleum Corporation||Energy||4.93||4.59||0.00||2.45|
|Bank of Baroda||Financial||12.71||4.49||1.65||1.99|
|Sun TV Network||Services||12.04||2.46||0.00||1.71|
|Sumitomo Chemical India||Chemicals||53.95||1.58||0.00||1.58|
|Akzo Nobel India||Chemicals||30.82||2.23||0.15||1.55|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2021
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.
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.
The scheme seeks to seek to generate long term capital appreciation by predominantly investing in equity and equity related securities of mid cap stocks.
|Min. Investment (₹)||5,000|
|Min. Addl Investment (₹)||1,000|
|Min. SIP Investment (₹)||500|
|Min. No of Cheques||12|
|Min. Withdrawal (₹)||1,000|
|Min. Balance (₹)||--|
|Lock-in Period||Not Applicable|
|Exit Load||1% for redemption within 365 days|
|Fund House:||ITI Mutual Fund|
|Return Since Launch:||16.91%|
|Benchmark:||NIFTY Midcap 150 TRI|
|Assets:||₹ 370 Cr (As on 31-Dec-2021)|
|Expense:||2.62% (As on 30-Nov-2021)|
AMC: ITI Asset Management Ltd.
Address: ITI Asset Mangement Limited, ITI House, Building no. 36, Dr. R. K. Shirodkar Marg, Parel, Mumbai - 400012
Phone: 1800-266-9603 / 022-66214999
Email: [email protected]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Email: [email protected]