ITI Multi Cap Fund Direct Growth+0.61%

-5.21%
1 Year Return
Equity
Multi Cap
6M
1Y
All

Fund Details

ITI Multi Cap Fund Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.48%
NAV10.34 (23 Oct 2020)
Fund Started15 May 2019
Fund Size140 Cr

Returns

1Y
3Y*
5Y*
Since inception*
ITI Multi Cap Fund Direct Growth
-5.2%
NA
NA
2.3%
Category Average
2.7%
2.8%
7.3%
-
Rank within category
53
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    0
    with -5.2% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.48%
    Cons
    1. Age is less than 5 years
    2. Risk-adjusted returns are lower compared to the category
    3. 1Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    Infosys Ltd.TechnologyEquity6.4%
    HDFC Bank Ltd.FinancialEquity5.6%
    Bharti Airtel Ltd.CommunicationEquity5.1%
    Reliance Industries Ltd.EnergyEquity4.8%
    City Union Bank Ltd.FinancialEquity4.4%
    ICICI Bank Ltd.FinancialEquity3.7%
    Hindustan Petroleum Corpn. Ltd.EnergyEquity3.1%
    JTEKT India Ltd.AutomobileEquity3.0%
    Housing Development Finance Corpn. Ltd.FinancialEquity3.0%
    HDFC Life Insurance Co Ltd.FinancialEquity2.7%
    See All

    Fund Managers

    addPradeep Gokhale
    Education
    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.
    Experience
    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
    Education
    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.
    Experience
    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 Multi Cap Fund Direct Growth Details

    ITI Multi Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by . This scheme was made available to investors on 15 May 2019. Pradeep Gokhale is the Current Fund Manager of ITI Multi Cap Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹140 Cr and the Latest NAV as of 23 Oct 2020 is ₹10.34.

    The ITI Multi Cap Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000. Exit load of 1% if redeemed within 12 months.

    Investment Objective

    The Scheme seeks to generate long-term capital appreciation from a diversified portfolio that predominantly invests in equity and equity-related securities of companies across various market capitalisation.

    Tax Implications

    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.

    Scheme Information Document(SID)

    ₹1000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 1% if redeemed within 12 months.
    Exit Load

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    About

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