ITI Long Term Equity Fund Direct Growth+0.51%

1 Year Return

Fund Details

ITI Long Term Equity Fund Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.38%
NAV10.41 (21 Oct 2020)
Fund Started18 Oct 2019
Fund Size40 Cr


Data not available
1. Lower expense ratio - 0.38%
2. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Age is less than 3 years
3. Risk-adjusted returns are lower compared to the category

Top Holdings

NameSectorInstrument% Assets
HDFC Bank Ltd.FinancialEquity7.8%
Infosys Ltd.TechnologyEquity5.3%
Reliance Industries Ltd.EnergyEquity5.3%
Bharti Airtel Ltd.CommunicationEquity5.0%
ICICI Bank Ltd.FinancialEquity3.7%
JTEKT India Ltd.AutomobileEquity3.2%
Atul Ltd.ChemicalsEquity3.2%
Tata Consultancy Services Ltd.TechnologyEquity2.8%
MRF Ltd.AutomobileEquity2.8%
Housing Development Finance Corpn. Ltd.FinancialEquity2.7%
See All

Fund Managers

addPradeep Gokhale
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.
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
addGeorge Heber Joseph
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.
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

ITI Long Term Equity Fund Direct Growth Details

ITI Long Term Equity Fund Direct Growth is a Equity Mutual Fund Scheme launched by . This scheme was made available to investors on 18 Oct 2019. Pradeep Gokhale is the Current Fund Manager of ITI Long Term Equity Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹40 Cr and the Latest NAV as of 21 Oct 2020 is ₹10.41.

The ITI Long Term Equity Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.

Investment Objective

The Scheme seeks to provide long-term capital appreciation by investing predominantly in equity and equity related securities.

Tax Implications

Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

Scheme Information Document(SID)

Min for First Investment
Min for Second Investment
Exit Load

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ITI Long Term Equity Fund Direct Growth


Launch Date
Asset Management Company
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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