Holdings (70)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 6.74% |
| Interglobe Aviation Ltd. | Services | Equity | 3.96% |
| Axis Bank Ltd. | Financial | Equity | 3.29% |
| Aditya Birla Real Estate Ltd. | Consumer Staples | Equity | 3.28% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 3.1% |
| Welspun Corp Ltd. | Metals & Mining | Equity | 2.82% |
| Bajaj Finance Ltd. | Financial | Equity | 2.79% |
| TVS Motor Company Ltd. | Automobile | Equity | 2.77% |
| State Bank of India | Financial | Equity | 2.53% |
| Zaggle Prepaid Ocean Services Ltd. | Technology | Equity | 2.13% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 2.57% | 22.31% | 24.73% | 24.16% |
| Category Average | 6.81% | 17.49% | 23.81% | NA% |
| Rank Within Category | 35.00% | 4.00% | 18.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.57%
Inclusive of GST
Exit load
Nil
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.
Fund management
Education
Mr. Shah is a B.Com (H) and Chartered Accountant.
Experience
Prior to joining ITI Mutual Fund, he has worked with Principal Mutual Fund, HSBC AMC, Reliance Mutual Fund, ASK Raymond James Securities Pvt. Ltd. and IL&FS AMC. Senior Analyst from April 1997 to August 2003.
Managed Schemes
Education
Mr. Ranjan has done MBA (Finance), BSc Physics (Honors)
Experience
Prior to joining ITI Mutual Fund,he was associated with IDBI Asset Management Limited, Shriram Asset Management Ltd. as Fund Manager (Equity), Way2wealth Securities Ltd. as Head of Research and Advisory and First Global Ltd. as Vice President- Research.
Managed Schemes
IDBI India Top 100 Equity Fund Direct Growth
IDBI Equity Advantage Fund Direct Growth
IDBI Flexi Cap Fund Direct Growth
IDBI Hybrid Equity Fund Direct Growth
IDBI Banking & Financial Services Fund Direct Growth
ITI ELSS Tax Saver Fund Direct Growth
ITI Large Cap Fund Direct Growth
