| Launch date | 21 Aug 2024 |
| Allotment date | 11 Sep 2024 |
| End date | 04 Sep 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.44%
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
Alok RanjanNov 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | -- |
|---|---|
| Total AUM | ₹9,994.74Cr |
| Date of Incorporation | 14 May 2018 |
|---|
ITI Large & Mid Cap 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. Rohan Korde is the Current Fund Manager of ITI Large & Mid Cap Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹9,995 Cr and the Latest NAV as of 17 Apr 2026 is ₹9.53. The ITI Large & Mid Cap 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 seek to generate long term capital appreciation by investing in equity and equity related securities of large cap & mid cap stocks. ;
| Fund benchmark | NIFTY Large Midcap 250 Total Return Index |
|---|
Fund house contact details
Peer Comparison
| Equity, Large & MidCap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Motilal Oswal Large and Midcap Fund Direct Growth | 5 | 18.3% | 27.7% | 13,995.29 |
Bandhan Large & Mid Cap Fund Direct Growth | 5 | 11.4% | 25.1% | 14,108.57 |
ICICI Prudential Large & Mid Cap Fund Direct Plan Growth | 5 | 9.3% | 22.2% | 27,004.55 |
Nippon India Vision Large & Mid Cap Direct Growth | 4 | 7.7% | 21.3% | 6,299.19 |
DSP Large & Mid Cap Fund Direct Plan Growth | 4 | 6.3% | 20.9% | 15,780.10 |