Investment Objective and Approach

The ITI Flexi Cap Fund is designed to generate long-term capital appreciation from a diversified portfolio that dynamically invests in equity and equity-related securities of companies across various market capitalisation. This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager.

The fund follows a flexible investment approach that allows the management team to adapt to market conditions and capitalize on opportunities across large-cap, mid-cap, and small-cap segments. The fund's performance is primarily benchmarked against the NIFTY 500 TRI with NIFTY 50 TRI serving as an addition.

Key Fund Details (as of August 2025):

- AUM: ₹1,193.76 Crore as of 8th August 2025

- Expense Ratio: 0.56% as of 8th August 2025

- Launch Date: 17th February 2023

- Minimum SIP Investment: ₹500

- Minimum Lump Sum Investment: ₹5,000

Fund Managers

The ITI Flexi Cap Fund is managed by an experienced team of fund managers:

Dhimant Shah - Head Equity & Fund Manager

Mr. Dhimant Shah carries a B.Com degree and holds an ACA. He has over 25+ years of experience in the stock market. Mr. Shah, with over 26 years in capital markets, joined ITI Asset Management Limited in August 2022. Previously, he served as Head Research and Co-Fund Manager-Equities at One up Finance (2020-2022) and as Senior Fund Manager at Principal AMC (2011-2019).

Before joining ITI Mutual Fund, he worked with Reliance Capital Asset Management Ltd., UTI Asset Management Company Ltd, HSBC Asset Management (India) Private Ltd., ASK Raymond James Securities Pvt. Limited.

Co-Fund Managers:

- Rohan Korde and Rajesh Bhatia are also current fund managers of this mutual fund

About the Fund House (ITI Asset Management Company)

ITI Mutual Fund represents a new generation asset management company with strong foundational backing. ITI Mutual Fund was established in 2018 to offer the best investment solutions to investors for wealth generation over the long-term. It boasts of thoughtful and investor-centric investment solutions backed by a highly experienced team of researchers and investment managers. With a team of one of the best equity and credit researchers, as well as investment managers, ITI AMC runs a unique investment philosophy and strategies that are well-positioned to generate returns in the long-run.

Company Overview:

- The promoter of the AMC is the Investment Trust of India Ltd

- The Mutual Fund has around 29 branches in India with more than 196 employees

- The AMC is a part of the ITI Group of Companies which is an emerging conglomerate offering various financial services like equity research (retail and institutional), equity broking (retail and institutional), investment banking, asset-based lending

Investment Philosophy:

The fund house believes that its unique equity investment philosophy "SQL" helps to buy excellent quality growing companies stocks with reasonable margin of safety and hold it for long term. ITI MF seeks to deliver the above proposition by focusing on SQL, its unique internal philosophy. SQL philosophy is based on three main pillars; S – Margin of Safety, Q – Quality of the Business and L – Low Leverage.

ITI Mutual Fund aims to offer high-quality investment solutions to investors seeking long term wealth creation. We have access to some of the finest minds in the Investment Management, Equity Research and Credit Research space that enables us to run a very unique investment philosophy and also deploy robust investment strategies that can stand the test of time. The agility, no baggage and fresh perspective can help investors get ahead in a rapidly evolving economy.

Should I Invest in ITI Flexi Cap Fund?

ITI Flexi Cap Fund can be considered by investors looking for long-term wealth creation through equity investments. However, there are several factors to consider:

Positive Aspects:

- Experienced fund management team with proven track record

- Flexible investment mandate across market capitalizations

- The alpha ratio for the ITI Flexi Cap Fund is 4.73. Positive alpha indicates that the fund has outperformed its expected return

- Reasonable expense ratio compared to category average

- Strong backing from ITI Group with established financial services background

Risk Considerations:

- The ITI Flexi Cap Fund Direct Growth is rated Very High risk

- Do not invest in this, or any other flexi-cap fund, if you need to redeem your investment in less than five years

- Like for all equity funds, you must invest only through the SIP route

The fund is suitable for investors with:

- Long-term investment horizon (minimum 5 years)

- High risk tolerance

- Goals of capital appreciation

- Preference for professional fund management across market caps

FAQs

What is today's NAV of ITI Flexi Cap Fund?

The latest NAV varies by plan - Direct Growth plan NAV is typically higher than Regular Growth plan due to lower expense ratios. You can check the current NAV on Allvest platform for real-time updates.

What is the AUM of ITI Flexi Cap Fund?

The AUM (assets under management) of ITI Flexi Cap Fund is ₹1,193.76 Crore as of 8th August 2025.

What is the expense ratio of ITI Flexi Cap Fund?

The expense ratio of ITI Flexi Cap Fund Plan is 0.56% as of 8th August 2025 for the direct plan, while regular plans have higher expense ratios.

What are the returns of ITI Flexi Cap Fund since inception?

Returns since inception are 30.31% per annum, though past performance doesn't guarantee future returns.

What is the minimum SIP amount to invest in ITI Flexi Cap Fund?

The minimum investment required to start investing in ITI Flexi Cap Fund is ₹5,000 for the lump sum option and ₹500 for the SIP (Systematic Investment Plan) option.

How do I invest in ITI Flexi Cap Fund?

You can invest in ITI Flexi Cap Fund through Allvest platform by completing KYC, selecting the fund, choosing SIP or lump sum investment, and making online payment. The process is completely digital and hassle-free.

How to start a SIP in ITI Flexi Cap Fund?

Log into your Allvest account, search for ITI Flexi Cap Fund, select Direct Growth plan, choose SIP option, set amount and frequency, provide bank details, and authorize the auto-debit mandate for seamless monthly investments.

How do I automate an SIP in ITI Flexi Cap Fund?

After starting your SIP through Allvest, set up auto-debit through your bank by completing the mandate registration. This ensures automatic monthly deduction from your bank account without manual intervention.

How can I withdraw/redeem my investment in ITI Flexi Cap Fund?

You can redeem your investment through Allvest platform by logging in, selecting the fund, choosing partial or full redemption, and submitting the request. Proceeds are typically credited to your registered bank account within 2-4 working days.