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iti mid cap fund direct growth
ITI Mid Cap Fund Direct Growth

ITI Mid Cap Fund Direct Growth

  • Very High Risk
  • Equity
  • Mid-Cap
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NAV as on Apr 23, 2025
i
Price per unit of the scheme.
₹ 21.75210.65%1 Day Change
3.87%
Minimum Investment₹5000
Expense Ratio0.43%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Apr 23, 2025
Compare fund’s performance against category average across different time periods
1M3M6M1Y3Y5Y
28Out of 29 funds in the category
Category Avg Return
4.00%
Fund Return 3.87%
Low-5.21%2.12%9.45%16.78%24.11%High
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
ITI Mid Cap Fund Direct Growth
VS
Equity: Mid-Cap Average NAV
    Topper in Equity: Mid-Cap
    Invesco India Mid Cap Fund Direct Plan Growth Option
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    ITI Mid Cap Fund Direct Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹3,60,000
    • Return
      ₹1,51,060
    • Current Value
      ₹5,11,060

    bt_logoFUND SUMMARY

    Benchmark
    IISL Nifty Midcap 150 TR INR
    Expense Ratio
    0.43%
    Category Avg Expense Ratio
    0.75%
    Minimum Investment (Lumpsum/SIP)
    ₹ 5000 /₹ 1000
    Lock In (Years)
    No Lock-in
    Fund Size
    ₹ 1,091.64 Cr(As on Mar, 2025)
    Inception Date
    Mar 10, 2021
    Turnover
    - %
    Exit Load
    1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units; Nil, if redeemed or switched out after completion of 12 months from the date of allotment of units.

    bt_logoABOUT THE FUND

    Objective: The investment objective of the Scheme is to seek to generate long term capital appreciation by predominantly investing in equity and equity related securities of mid cap stocks. However, there can be no assurance that the investment objective of the scheme would be achieved.

    ITI Mid Cap Fund Direct Growth is an Equity - Mid-Cap fund. The fund was launched inMar 10, 2021. Its risk level is . The NAV of the fund as onApr 23, 2025 is ₹21.75. Its expense ratio is 0.43 %. The fund has an AUM of ₹1,091.64 Cr.The fund is managed byDhimant Shah,Rohan Korde,Tanay Gabhawala.
    The minimum initial investment is  ₹5000 in Lumpsum mode.

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    bt_logoFUND MANAGER

    Rohan Korde
    Rohan Korde
    i
    Lead Fund Manager.
    Apr 29, 2022 - Present
    • Fund Manager Rank3Out of 25
      i
      Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
    • Schemes managed12
    • Total AUM₹ 7,654.54 Cr
    • Highest Return In 1 Yr22.80 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    ITI Pharma and Healthcare Fund Direct Growth
    --
    ₹ 17.29
    1.64%
    1.39%
    Very High Risk
    ₹213.78Cr
    ITI Large Cap Fund Direct Growth
    --
    ₹ 18.66
    2.76%
    4.11%
    Very High Risk
    ₹472.57Cr
    ITI Value Fund Direct Growth
    --
    ₹ 17.10
    4.43%
    3.60%
    Very High Risk
    ₹297.69Cr
    ITI Pharma and Healthcare Fund Direct Growth
    Very High Risk--
    • NAV₹ 17.29
    • Fund Size₹213.78Cr
    Fund Return1.64%
    Category Return1.39%
    ITI Large Cap Fund Direct Growth
    Very High Risk--
    • NAV₹ 18.66
    • Fund Size₹472.57Cr
    Fund Return2.76%
    Category Return4.11%
    ITI Value Fund Direct Growth
    Very High Risk--
    • NAV₹ 17.10
    • Fund Size₹297.69Cr
    Fund Return4.43%
    Category Return3.60%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Dhimant Shah
    Dhimant Shah
    i
    Lead Fund Manager.
    Oct 1, 2022 - Present
    • Schemes managed11
    • Total AUM₹ 7,696.79 Cr
    • Highest Return In 1 Yr22.80 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    ITI Pharma and Healthcare Fund Direct Growth
    --
    ₹ 17.29
    1.64%
    1.39%
    Very High Risk
    ₹213.78Cr
    ITI Large Cap Fund Direct Growth
    --
    ₹ 18.66
    2.76%
    4.11%
    Very High Risk
    ₹472.57Cr
    ITI Value Fund Direct Growth
    --
    ₹ 17.10
    4.43%
    3.60%
    Very High Risk
    ₹297.69Cr
    ITI Pharma and Healthcare Fund Direct Growth
    Very High Risk--
    • NAV₹ 17.29
    • Fund Size₹213.78Cr
    Fund Return1.64%
    Category Return1.39%
    ITI Large Cap Fund Direct Growth
    Very High Risk--
    • NAV₹ 18.66
    • Fund Size₹472.57Cr
    Fund Return2.76%
    Category Return4.11%
    ITI Value Fund Direct Growth
    Very High Risk--
    • NAV₹ 17.10
    • Fund Size₹297.69Cr
    Fund Return4.43%
    Category Return3.60%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Tanay Gabhawala
    Tanay Gabhawala
    i
    Lead Fund Manager.
    Oct 21, 2022 - Present
    • Schemes managed10
    • Total AUM₹ 7,592.06 Cr
    • Highest Return In 1 Yr22.80 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    ITI Pharma and Healthcare Fund Direct Growth
    --
    ₹ 17.29
    1.64%
    1.39%
    Very High Risk
    ₹213.78Cr
    ITI Value Fund Direct Growth
    --
    ₹ 17.10
    4.43%
    3.60%
    Very High Risk
    ₹297.69Cr
    ITI Banking and Financial Services Fund Direct Growth
    --
    ₹ 15.86
    7.25%
    8.35%
    Very High Risk
    ₹287.76Cr
    ITI Pharma and Healthcare Fund Direct Growth
    Very High Risk--
    • NAV₹ 17.29
    • Fund Size₹213.78Cr
    Fund Return1.64%
    Category Return1.39%
    ITI Value Fund Direct Growth
    Very High Risk--
    • NAV₹ 17.10
    • Fund Size₹297.69Cr
    Fund Return4.43%
    Category Return3.60%
    ITI Banking and Financial Services Fund Direct Growth
    Very High Risk--
    • NAV₹ 15.86
    • Fund Size₹287.76Cr
    Fund Return7.25%
    Category Return8.35%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on Mar, 2025
    EQUITY (93.89%)
    DEBT (0.33%)
    CASH (5.78%)
    Allocation by Market Cap
    Large Cap(10.18%)
    Mid Cap(66.71%)
    Small Cap(16.99%)
    Industry Holdings
    • Credit Services10.21%
    • Drug Manufacturers Specialty Generic7.83%
    • Diversified Industrials6.00%
    • Information Technology Services5.87%
    • Banks Regional5.44%
    • Medical Care4.11%
    Stock Holdings
    • Solar Industries India Ltd2.58%
    • Indian Bank2.23%
    • Max Healthcare Institute Ltd Ordinary Shares2.07%
    • SRF Ltd2.00%
    • Lupin Ltd1.98%
    • Persistent Systems Ltd1.97%

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      3.18
      This Fund
      VS
      -0.97
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      93.89
      This Fund
      VS
      90.41
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      0.93
      This Fund
      VS
      0.90
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      0.98
      This Fund
      VS
      0.72
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      1.69
      This Fund
      VS
      1.18
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      17.11
      This Fund
      VS
      16.94
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Nippon India Growth Fund - Direct Plan - GrowthNippon India Growth Fund - Direct Plan - Growth
    ₹ 4,253.92
    5.62%
    4.00%
    Very High Risk
    ₹ 33,174.74 Cr
    Invesco India Mid Cap Fund Direct Plan Growth OptionInvesco India Mid Cap Fund Direct Plan Growth Option
    ₹ 192.72
    5.34%
    4.00%
    Very High Risk
    ₹ 5,779.32 Cr
    JM Midcap Fund Direct GrowthJM Midcap Fund Direct Growth
    --
    ₹ 18.96
    5.14%
    4.00%
    Very High Risk
    ₹ 1,261.10 Cr
    HSBC Midcap Fund Direct Plan GrowthHSBC Midcap Fund Direct Plan Growth
    ₹ 400.64
    5.14%
    4.00%
    Very High Risk
    ₹ 10,361.74 Cr
    Edelweiss Mid Cap Fund Direct Plan Growth OptionEdelweiss Mid Cap Fund Direct Plan Growth Option
    ₹ 109.55
    4.93%
    4.00%
    Very High Risk
    ₹ 8,633.85 Cr
    Taurus Discovery (Midcap) Fund - Direct Plan-Growth OptionTaurus Discovery (Midcap) Fund - Direct Plan-Growth Option
    ₹ 120.53
    4.85%
    4.00%
    Very High Risk
    ₹ 114.44 Cr
    Nippon India Growth Fund - Direct Plan - Growth
    Very High Risk
    • NAV₹ 4,253.92
    • Fund Size₹ 33,174.74 Cr
    Fund Return5.62%
    Category Return4.00%
    Invesco India Mid Cap Fund Direct Plan Growth Option
    Very High Risk
    • NAV₹ 192.72
    • Fund Size₹ 5,779.32 Cr
    Fund Return5.34%
    Category Return4.00%
    JM Midcap Fund Direct Growth
    Very High Risk--
    • NAV₹ 18.96
    • Fund Size₹ 1,261.10 Cr
    Fund Return5.14%
    Category Return4.00%
    HSBC Midcap Fund Direct Plan Growth
    Very High Risk
    • NAV₹ 400.64
    • Fund Size₹ 10,361.74 Cr
    Fund Return5.14%
    Category Return4.00%
    Edelweiss Mid Cap Fund Direct Plan Growth Option
    Very High Risk
    • NAV₹ 109.55
    • Fund Size₹ 8,633.85 Cr
    Fund Return4.93%
    Category Return4.00%
    Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option
    Very High Risk
    • NAV₹ 120.53
    • Fund Size₹ 114.44 Cr
    Fund Return4.85%
    Category Return4.00%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    ITI Banking and Financial Services Fund Direct GrowthITI Banking and Financial Services Fund Direct Growth
    --
    ₹ 15.86
    7.25%
    8.35%
    Very High Risk
    ₹ 287.76 Cr
    ITI Multi Cap Fund Direct GrowthITI Multi Cap Fund Direct Growth
    ₹ 24.72
    4.68%
    4.19%
    Very High Risk
    ₹ 1,116.36 Cr
    ITI Long Term Equity Fund Direct GrowthITI Long Term Equity Fund Direct Growth
    ₹ 25.65
    4.52%
    3.80%
    Very High Risk
    ₹ 377.68 Cr
    ITI Small Cap Fund Direct GrowthITI Small Cap Fund Direct Growth
    ₹ 29.66
    4.48%
    3.61%
    Very High Risk
    ₹ 2,219.20 Cr
    ITI Value Fund Direct GrowthITI Value Fund Direct Growth
    --
    ₹ 17.10
    4.43%
    3.60%
    Very High Risk
    ₹ 297.69 Cr
    ITI Flexi Cap Fund Direct GrowthITI Flexi Cap Fund Direct Growth
    --
    ₹ 17.35
    4.18%
    3.84%
    Very High Risk
    ₹ 1,031.77 Cr
    ITI Banking and Financial Services Fund Direct Growth
    Very High Risk--
    • NAV₹ 15.86
    • Fund Size₹ 287.76 Cr
    1 Month Return7.25%
    Category Return8.35%
    ITI Multi Cap Fund Direct Growth
    Very High Risk
    • NAV₹ 24.72
    • Fund Size₹ 1,116.36 Cr
    1 Month Return4.68%
    Category Return4.19%
    ITI Long Term Equity Fund Direct Growth
    Very High Risk
    • NAV₹ 25.65
    • Fund Size₹ 377.68 Cr
    1 Month Return4.52%
    Category Return3.80%
    ITI Small Cap Fund Direct Growth
    Very High Risk
    • NAV₹ 29.66
    • Fund Size₹ 2,219.20 Cr
    1 Month Return4.48%
    Category Return3.61%
    ITI Value Fund Direct Growth
    Very High Risk--
    • NAV₹ 17.10
    • Fund Size₹ 297.69 Cr
    1 Month Return4.43%
    Category Return3.60%
    ITI Flexi Cap Fund Direct Growth
    Very High Risk--
    • NAV₹ 17.35
    • Fund Size₹ 1,031.77 Cr
    1 Month Return4.18%
    Category Return3.84%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    ITI Asset Management Limited
    ITI Asset Management Limited manages assets worth ₹ 9,298.34 crores. It’s current offering of mutual fund schemes includes 12 equity, 3 debt and 2 hybrid schemes.
    phone icon
    Phone
    022-66214999
    mail icon
    Email
    mfassist@itiorg.com
    aum
    AUM
    ₹ 9,298.34 Cr (
    As on Mar 31, 2025
    )
    location
    Address
    Naman Midtown “A” Wing, 21st Floor, Senapati Bapat Marg, Elphinstone Road Mumbai,400013

    bt_logoFAQ's

    What is the category of ITI Mid Cap Fund Direct Growth ?
    The category of ITI Mid Cap Fund Direct Growth is Equity - Mid-Cap
    What is the current NAV of ITI Mid Cap Fund Direct Growth ?
    The current NAV of ITI Mid Cap Fund Direct Growth as on Apr 23, 2025 is ₹21.75
    How safe is ITI Mid Cap Fund Direct Growth ?
    The risk level of ITI Mid Cap Fund Direct Growth is Very High.
    What are short term returns given by ITI Mid Cap Fund Direct Growth ?
    The return given by ITI Mid Cap Fund Direct Growth in 1 month is 3.87%, 3 months is 0.34%, 6 months is -4.72%, and 1 year is 9.09%
    What are the long term returns given by ITI Mid Cap Fund Direct Growth ?
    The return given by ITI Mid Cap Fund Direct Growth in 3 years is 25.22% and 5 years is --.
    What is the expense ratio of ITI Mid Cap Fund Direct Growth ?
    The expense ratio of ITI Mid Cap Fund Direct Growth is 0.43%
    What is the AUM of ITI Mid Cap Fund Direct Growth ?
    The assets under Management (AUM) of ITI Mid Cap Fund Direct Growth is Rs 1,091.64 crores.
    What is the minimum investment in ITI Mid Cap Fund Direct Growth ?
    The minimum Lumpsum investment in ITI Mid Cap Fund Direct Growth is ₹5,000.00 and the minimum SIP investment in ITI Mid Cap Fund Direct Growth is ₹1,000.00
    What is the asset allocation of ITI Mid Cap Fund Direct Growth?
    ITI Mid Cap Fund Direct Growth has an exposure of 93.89% in Equity, 0.33% in Debt and 5.78% in Cash & Money Market Securities

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