| Launch date | 15 Feb 2021 |
| Allotment date | 05 Mar 2021 |
| End date | 01 Mar 2021 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.36%
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
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Dhimant ShahOct 2022 - PresentView details
Rohan KordeApr 2022 - PresentView details
Rajesh BhatiaJun 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | NA |
|---|---|
| Total AUM | ₹11,336.09Cr |
| Date of Incorporation | 14 May 2018 |
|---|
ITI 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. Pradeep Gokhale is the Current Fund Manager of ITI Mid Cap Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹11,336 Cr and the Latest NAV as of 29 Dec 2025 is ₹24.26. The ITI 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 seeks to seek to generate long term capital appreciation by predominantly investing in equity and equity related securities of mid cap stocks. ;
| Fund benchmark | NIFTY Midcap 150 Total Return Index |
|---|
Fund house contact details
Peer Comparison
| Equity, Mid Cap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
WhiteOak Capital Mid Cap Fund Direct Growth | 5 | 6.4% | 27.6% | 4,075.13 |
Edelweiss Mid Cap Direct Plan Growth | 5 | 4.8% | 27.5% | 12,646.93 |
Motilal Oswal Midcap Fund Direct Growth | 5 | -10.6% | 26.4% | 38,002.68 |
HDFC Mid Cap Fund Direct Growth | 5 | 7.0% | 26.3% | 92,168.85 |
Nippon India Growth Mid Cap Fund Direct Growth | 4 | 4.3% | 25.8% | 42,041.60 |