ITI Long Term Equity Fund - Growth - Regular Plan

₹10.5518 (-0.78%)Nav, as on 17-02-2020
Previous Nav
₹ 10.6346
Net Change on 17-02-2020
₹-0.08
PersonalFN Rating
Unrated
Category
Equity - ELSS
Assets (Cr.)
₹ 22.65
Expense Ratio
2.51%
(As on Jan 31, 2020)

Fund Overview Growth | Regular Plan

Fund House
ITI Mutual Fund
Launch Date
18-Oct-2019
Benchmark
NIFTY 500 - TRI
Minimum Investment (₹)
500
Minimum Addl Investment (₹)
500
Exit Load (%)
Nil
Minimum SIP Investment (₹)
500
Minimum STP Investment (₹)
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
10.00
52 Week Low Nav Date
18-Oct-2019
52 Week High Nav (₹)
10.93
52 Week High Nav Date
24-Jan-2020

Fund Objective

Capital appreciation over long term.An open ended equity linked saving scheme with a statutory lockin of 3 years and tax benefit.However, there is no assurance or guarantee that the investmentobjective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
NIFTY 500 - TRI	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	Ratings	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Axis Long Term Equity Fund - Regular Plan - Growth	Dec 29, 2009		26.30	16.69	11.14	1.62	21,996.95
Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option	Sep 21, 2005	Unrated	8.49	1.33	1.63	1.92	10,583.85
Aditya Birla Sun Life Tax Relief '96 - Growth Option	Mar 10, 2008		12.13	11.41	8.74	2.00	10,308.05
SBI Long Term Equity Fund - REGULAR PLAN- GROWTH	Mar 31, 1993		9.97	6.55	4.88	1.91	7,581.91
HDFC TaxSaver-Growth Plan	Mar 31, 1996	Unrated	7.40	4.50	4.26	1.89	7,326.69

Fund Holdings as on 31-January-2020

Company % Assets
ITC Ltd.
5.97
TREPS 03-Feb-2020
4.28
Reliance Industries Ltd.
4.20
Infosys Ltd.
3.38
Housing Development Finance Corporation Ltd.
3.29
Larsen & Toubro Ltd.
3.07
ICICI Bank Ltd.
2.76
Max Financial Services Ltd.
2.46
Cholamandalam Financial Holdings Ltd.
2.45
Equitas Holdings Ltd.
2.04
State Bank of India
2.02
HDFC Bank Ltd.
1.76
Mahindra & Mahindra Financial Services Ltd.
1.74
Oracle Financial Services Software Ltd.
1.68
Nucleus Software Exports Ltd.
1.56
Sobha Ltd.
1.54
Hindustan Petroleum Corporation Ltd.
1.53
Orient Electric Ltd.
1.50
Hindustan Zinc Ltd.
1.44
Kotak Mahindra Bank Ltd.
1.42
Axis Bank Ltd.
1.36
Net Receivable / Payable
1.33
Cummins India Ltd.
1.23
Maruti Suzuki India Ltd.
1.16
Bajaj Holdings & Investment Ltd.
1.04
Central Depository Services (I) Ltd.
0.98
Bank of Baroda
0.97
Indian Bank
0.94
HCL Technologies Ltd.
0.94
Mangalore Refinery and Petrochemicals Ltd.
0.92
Cholamandalam Investment & Finance Co. Ltd.
0.92
Marico Ltd.
0.90
NTPC Ltd.
0.89
Tata Consultancy Services Ltd.
0.89
Mahindra & Mahindra Ltd.
0.86
Godrej Agrovet Ltd.
0.86
Torrent Power Ltd.
0.85
Ratnamani Metals & Tubes Ltd.
0.84
Larsen & Toubro Infotech Ltd.
0.81
Sun TV Network Ltd.
0.81
Minda Industries Ltd.
0.80
KNR Constructions Ltd.
0.79
Tata Steel Ltd.
0.77
ABB India Ltd.
0.77
Cyient Ltd.
0.76
Quess Corp Ltd.
0.75
Can Fin Homes Ltd.
0.74
Motherson Sumi Systems Ltd.
0.71
Nestle India Ltd.
0.70
Ramco Industries Ltd.
0.69
United Spirits Ltd.
0.68
ICICI Prudential Life Insurance Company Ltd.
0.67
Cipla Ltd.
0.67
Dishman Carbogen Amcis Ltd.
0.67
Atul Ltd.
0.65
Aditya Birla Fashion and Retail Ltd.
0.64
Alembic Pharmaceuticals Ltd.
0.62
Mahindra Lifespace Developers Ltd.
0.62
Amara Raja Batteries Ltd.
0.61
Thomas Cook (India) Ltd.
0.60
Power Grid Corporation of India Ltd.
0.59
Ultratech Cement Ltd.
0.58
Natco Pharma Ltd.
0.57
Blue Star Ltd.
0.57
NESCO Ltd.
0.57
Hexaware Technologies Ltd.
0.56
Bharti Airtel Ltd.
0.55
Ambuja Cements Ltd.
0.54
Sundaram Finance Ltd.
0.53
V-Guard Industries Ltd.
0.52
Divi's Laboratories Ltd.
0.52
Jtekt India Ltd.
0.52
Godrej Industries Ltd.
0.51
Shree Cement Ltd.
0.51
Godrej Properties Ltd.
0.51
Grasim Industries Ltd.
0.46
Lupin Ltd.
0.45
DCB Bank Ltd.
0.45
Jubilant Foodworks Ltd.
0.42
The Karnataka Bank Ltd.
0.41
Chennai Petroleum Corporation Ltd.
0.41
Subros Ltd.
0.40
Aster DM Healthcare Ltd.
0.39
Glaxosmithkline Pharmaceuticals Ltd.
0.35
Persistent Systems Ltd.
0.35
The Phoenix Mills Ltd.
0.34
Swaraj Engines Ltd.
0.34
Sanofi India Ltd.
0.34
Supreme Industries Ltd.
0.30
V.S.T Tillers Tractors Ltd.
0.30
JK Cement Ltd.
0.29
Endurance Technologies Ltd.
0.29
Indoco Remedies Ltd.
0.25
3M India Ltd.
0.25
SJVN Ltd.
0.25
PI Industries Ltd.
0.21
TVS Motor Company Ltd.
0.20
Crompton Greaves Consumer Electricals Ltd.
0.18
Bharat Heavy Electricals Ltd.
0.17
Kalyani Investment Company Ltd.
0.15
Tata Investment Corporation Ltd.
0.15
Ashiana Housing Ltd.
0.14
ABB Power Products & Systems India Ltd.
0.09

Sector Holding%
IT - Software
10.94
Bank - Private
8.16
Finance - NBFC
7.40
Refineries
7.06
Cigarettes/Tobacco
5.97
Miscellaneous
5.61
Pharmaceuticals & Drugs
4.45
Finance - Housing
4.03
Bank - Public
3.93
Engineering - Construction
3.86
Construction - Real Estate
3.14
Consumer Food
2.89
Auto Ancillary
2.71
Cement & Construction Materials
2.62
Finance - Investment
2.60
Power Generation/Distribution
2.58
Finance - Others
2.46
Automobiles - Passenger Cars
2.02
Diesel Engines
1.56
Household & Personal Products
1.50
Metal - Non Ferrous
1.44
Electric Equipment
1.29
Chemicals
1.16
Castings/Forgings
0.84
TV Broadcasting & Software Production
0.81
Steel & Iron Products
0.77
Engineering - Industrial Equipments
0.74
Diversified
0.72
Breweries & Distilleries
0.68
Insurance
0.67
Retailing
0.64
Batteries
0.61
Travel Services
0.60
Air Conditioners
0.57
Telecommunication - Service Provider
0.55
Hospital & Healthcare Services
0.39
Plastic Products
0.30
Automobiles-Tractors
0.30
Pesticides & Agrochemicals
0.21
Automobile Two & Three Wheelers
0.20
Consumer Durables - Domestic Appliances
0.18
Unspecified
0.09

About ITI Long Term Equity Fund

Scheme Analysis

ITI Long Term Equity Fund is a Equity - ELSS fund and belongs to ITI Mutual Fund. It was launched on 18-Oct-2019 and currently has an AUM of ₹22.65 crore. ITI Long Term Equity Fund is benchmarked against NIFTY 500 - TRI as primary index.

The NAV of ITI Long Term Equity Fund ended down ₹-0.08(-0.78%)yesterday to ₹10.5518.

Among its top 3 holdings the fund has exposure to ITC Ltd., and

The ITI Long Term Equity Fund is managed by Pradeep Gokhale and George Heber Joseph.

Fund House Contact

Address:

Naman Midtown, A - Wing, 21st Floor, Senapati Bapat Marg, Elphinstone Road Mumbai - 400 013

Phone Number: 022-66214999

Email Address: mfassist@itiorg.com

Fax Number:

Website: http://www.itimf.com/

Fund Manager

Pradeep Gokhale

Education:B.Com, CA, CFA
Experience: 25 years
Basic Details:He is in Tata Asset Management Ltd From September 2004 to date, joined as Deputy General Manager of Investment. Currently as Head of Research / Fund Manager & Reporting to the Co-Head Equities.
Funds Managed:
ITI Balanced Advantage Fund
ITI Long Term Equity Fund
ITI Long Term Equity Fund
ITI Multi-Cap Fund
ITI Multi-Cap Fund

George Heber Joseph

Holding Type Holding %
Cash
5.61
Equity
94.37

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