ITI Flexi Cap Fund
NAV Growth: Rs 10.2496
NAV IDCW: Rs 10.2496
Suitable For Which Investors?
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 flexi-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 flexi-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.
Fund’s Investment Strategy:
The scheme seeks to generate long-term capital appreciation from a diversified portfolio that dynamically invests in equity and equity-related securities of companies across various market capitalisation.
Fund Manager:
1) Dhimant Shah
Education: Mr. Shah is a B.Com (H) and Chartered Accountant.
Experience: Prior to joining Principal Mutual Fund as a Senior Fund Manager he has worked with HSBC AMC, Reliance Mutual Fund, ASK Raymond James Securities Pvt. Ltd. and IL&FS AMC. Senior Analyst from April 1997 to August 2003.
2) Rohan Korde
Education: Mr. Korde is a Masters in Management Studies (Finance), Bachelor of Commerce
Experience: Prior to joining Asset Management Limited, he has worked with BOB Capital Markets as Vice President Research, Prabhudas Lilladher as Vice President Research and Anand Rathi Share & Stock Brokers as Vice President Research.
Investment Details
Min. Investment (Rs) | 5,000 |
Min. Addl Investment (Rs) | 1,000 |
Min. SIP Investment (Rs) | 500 |
Min. Withdrawal (Rs) | 1,000 |
Min. No of Cheques | 12 |
Min. Balance (Rs) | — |
Lock-in Period | NA |
Exit Load | 1% for redemption within 360 days |
Basic Details
Fund House | ITI Mutual Fund |
Launch Date | 17-Feb-23 |
Return Since Launch | 2.50% |
Benchmark | NIFTY 500 TRI |
Riskometer | Very High |
Type | Open-ended |
Assets | Rs 156 Cr |
(As on 31-Mar-2023) | |
Expense | 0.30% |
(As on 31-Mar-2023) | |
Risk Grade | — |
Return Grade | — |
Turnover | — |
ITI Flexi Cap Fund Trailing Returns (%)
Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
ITI Flexi Cap Dir | — | 0.05 | 3.54 | — | — | — | — | — | — | — |
S&P BSE 500 TRI | — | -0.05 | 3.32 | — | — | — | — | — | — | — |
Equity: Flexi Cap | — | 0.02 | 3.05 | — | — | — | — | — | — | — |
Rank within category | — | 31 | 12 | — | — | — | — | — | — | — |
Number of funds in category | 70 | 72 | 72 | 70 | 70 | 66 | 49 | 36 | 34 | 26 |
ITI Flexi Cap Fund Peer Comparison
Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
ITI Flexi Cap Dir | Unrated | — | — | — | 0.30 | 156 | 2.50 | 1.00 (360) | 0yrs 2mo | — |
HDFC Flexi Cap Dir | 4 star | 9.46 | 31.68 | 13.72 | 1.00 | 31,893 | 14.73 | 1.00 (365) | 10yrs 3mo | 43.83 |
Parag Parikh Flexi Cap Dir | 5 star | 5.82 | 30.76 | 18.10 | 0.73 | 31,290 | 18.73 | 2.00 (365) | 9yrs 10mo | 8.02 |
Franklin Ind Flexi Cap Dir | 4 star | 3.14 | 29.61 | 11.99 | 1.10 | 10,028 | 15.01 | 1.00 (365) | 10yrs 3mo | 18.10 |
Canara Robeco Flexi Cap Dir | 4 star | 2.32 | 23.86 | 13.55 | 0.55 | 8,713 | 13.69 | 1.00 (365) | 10yrs 3mo | 30.00 |
Portfolio Analysis
No. of Stocks | 44 |
Top 10 Stocks | 26.33% |
Top 5 Stocks | 16.03% |
Top 3 Sectors | 40.68% |
Portfolio P/B Ratio | 3.21 |
Portfolio P/E Ratio | 24.04 |
Portfolio Breakup
Fund | Category | |
Average Mkt Cap (Rs Cr) | 58,315 | 1,50,478 |
Giant (%) | 36.31 | 55.41 |
Large (%) | 19.47 | 17.58 |
Mid (%) | 27.29 | 20.77 |
Small (%) | 16.93 | 6.88 |
Tiny (%) | — | 0.05 |
Chanakya’s Mutual Fund Guidance For ITI Flexi Cap Fund
Do not invest in this, or any other flexi-cap fund, if you need to redeem your investment in less than five years.
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