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ITI Long Term Equity Fund Direct Growth-1.01%

12.21%
1 Year Return
Equity
ELSS
6M
1Y
All

Fund Details

ITI Long Term Equity Fund Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.38%
NAV₹12.34 (25 Jan 2021)
Fund Started18 Oct 2019
Fund Size52 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
12.2%
-
-
20.4%
Category Average
15.3%
5.6%
13.3%
-
Rank Within Category
28
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Would have become
0
with 12.2% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.38%
2. Exit load is zero
Cons
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
Lupin Ltd.HealthcareEquity9.5%
Reliance Industries Ltd.EnergyEquity8.9%
HDFC Bank Ltd.FinancialEquity6.9%
ICICI Bank Ltd.FinancialEquity4.9%
State Bank of IndiaFinancialEquity4.8%
Federal Bank Ltd.FinancialEquity4.8%
Canara BankFinancialEquity4.1%
Mahindra & Mahindra Financial Services Ltd.FinancialEquity3.8%
GAIL (India) Ltd.EnergyEquity3.8%
DCB Bank Ltd.FinancialEquity3.7%
See All

Fund Managers

Pradeep Gokhale
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George Heber Joseph
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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 ₹52 Cr and the Latest NAV as of 25 Jan 2021 is ₹12.34.

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)

₹500
Min for First Investment
₹500
Min for Second Investment
Nil
Exit Load

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ITI Long Term Equity Fund Direct Growth
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About

Address
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Phone
NA
Launch Date
NA
E-mail
NA
Website
NA
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,
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