1M
6M
1Y
All
| NAV: 13 May 2024 | ₹13.30 |
| Min. SIP amount | ₹500 |
| Rating | NA |
| Fund size | ₹267.94Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Equity Sectoral / Thematic
Absolute returns
| 3M | 6M | 1Y | All | |
|---|---|---|---|---|
| Fund returns | 1.2% | 10.1% | 18.0% | 33.0% |
| Category average | NA | NA | 20.9% | NA |
| Rank with in category | 21 | 15 | 15 | NA |
Understand terms
Holdings (31)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
ICICI Bank Ltd. | Financial | Equity | 19.35% |
HDFC Bank Ltd. | Financial | Equity | 14.69% |
State Bank of India | Financial | Equity | 8.98% |
Axis Bank Ltd. | Financial | Equity | 6.29% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 4.52% |
Bajaj Finance Ltd. | Financial | Equity | 3.11% |
SBI Life Insurance Company Ltd. | Insurance | Equity | 2.96% |
ICICI Lombard General Insurance Comapny Ltd. | Insurance | Equity | 2.26% |
Muthoot Finance Ltd. | Financial | Equity | 2.01% |
Shriram Finance Ltd | Financial | Equity | 1.99% |
See All
Pros and cons
Category: Equity Sectoral / Thematic
Pros
Cons
Lower expense ratio: 0.44%
1Y annualised returns lower than category average by 3.8%
Expense ratio, exit load and tax
Expense ratio: 0.44%
Inclusive of GST
Exit load
Exit load of 1% if redeemed within 12 months.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Rohan KordeApr 2022 - PresentView details
Rohan Korde
Apr 2022 - Present
View details
Education
Mr. Korde is a Masters in Management Studies (Finance), Bachelor of Commerce
Experience
Prior to joining ITI Mutual Fund, he has worked with BOB Capital Markets as Vice President
Also manages these schemes
Tanay GabhawalaOct 2022 - PresentView details
Tanay Gabhawala
Oct 2022 - Present
View details
Education
Mr. Gabhawala has done CA, CFA.
Experience
Prior to Joining ITI Mutual Fund, he has worked with CLSA India and Emkay Global Financial Services Ltd..
Also manages these schemes
Nilay DalalMay 2023 - PresentView details
Nilay Dalal
May 2023 - Present
View details
Education
Mr. Nilay holds a degree in B.E (Computer) from D.J Sanghvi College of Engg & master’s in management studies in KJ Somaiya Institute of Management Studies & Research.
Experience
Prior to joining ITI Mutual Fund, he has with Axis Asset Management Company, SBI Life Insurance Company Ltd & MAQ Software Pvt Ltd.
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
ITI Asset Mangement Limited,ITI House, Building no. 36,Dr. R. K. Shirodkar Marg, Parel, Mumbai 400012
Phone
022-66214999
Launch Date
14 May 2018
E-mail
[email protected]Website
www.itiamc.com
ITI Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
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