1M
6M
1Y
3Y
All
| NAV: 04 Oct 2022 | ₹11.15 |
| Min. SIP amount | ₹500 |
| Rating | 1 |
| Fund size | ₹9.66Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Hybrid Arbitrage
Annualised returns
Absolute returns
| 6M | 1Y | 3Y | All | |
|---|---|---|---|---|
| Fund returns | NA | 3.1% | 3.6% | 3.7% |
| Category average | NA | 3.4% | 3.8% | NA |
| Rank with in category | NA | 23 | 20 | NA |
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Holdings (20)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Adani Enterprises Ltd. | Services | Equity | 9.9% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 9.8% |
| Bajaj Finance Ltd. | Financial | Equity | 9.5% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 5.6% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.6% |
| Tata Consultancy Services Ltd. | Technology | Equity | 4.5% |
| HDFC Life Insurance Co Ltd. | Insurance | Equity | 3.3% |
| Marico Ltd. | Consumer Staples | Equity | 2.6% |
| ICICI Bank Ltd. | Financial | Equity | 2.5% |
| Mphasis Ltd. | Technology | Equity | 2.3% |
See All
Pros and cons
Category: Hybrid Arbitrage
Pros
Cons
Lower expense ratio: 0.22%
Lower AUM: 9Cr.
Funds with lower AUM tend to have higher expense ratio
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Consistently lower annualised returns than category average for the past 1Y and 3Y
Low rating: 1
Expense ratio, exit load and tax
Expense ratio: 0.22%
Inclusive of GST
Exit load
Exit load of 0.25%, if redeemed within 30 days.
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
Vikrant MehtaJan 2021 - PresentView details
Vikrant Mehta
Jan 2021 - Present
View details
Education
Mr. Mehta is CFA and M.S.
Experience
Prior to joining ITI Mutual Fund, he has worked with Indiabulls AMC, Kotak Mahindra Mutual Fund, AIG India Liaison Office, NVS Brokerage Pvt. Ltd., JM Morgan Stanley Fixed Income Securities Pvt. Ltd. and Mata Securities India Pvt. Ltd.
Also manages these schemes
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 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.
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
1800-266-9603 / 022-66214999
Launch Date
14 May 2018
E-mail
[email protected]Website
NA
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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