| Launch date | 06 Feb 2025 |
| Allotment date | 28 Feb 2025 |
| End date | 20 Feb 2025 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.77%
Inclusive of GST
Exit load
Exit load of 0.50%, if redeemed within 3 months.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Dhimant ShahFeb 2025 - PresentView details
Rohan KordeFeb 2025 - PresentView details
Rajesh BhatiaFeb 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | -- |
|---|---|
| Total AUM | ₹10,936.13Cr |
| Date of Incorporation | 14 May 2018 |
|---|
ITI Bharat Consumption Fund Direct Growth is a Equity Mutual Fund Scheme launched by ITI Mutual Fund. This scheme was made available to investors on 14 May 2018. Dhimant Shah is the Current Fund Manager of ITI Bharat Consumption Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹10,936 Cr and the Latest NAV as of 09 Apr 2026 is ₹10.67. The ITI Bharat Consumption Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.50%, if redeemed within 3 months. ;
Investment Objective
The scheme seeks to generate long-term capital appreciation by investing primarily in Equity and Equity related securities of companies engaged in consumption and consumption related activities or allied sectors. ;
| Fund benchmark | NIFTY India Consumption Total Return Index |
|---|