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ITI Large Cap Fund - NAV, Returns, SIP, Investment Details | Allvest

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Invest in ITI Large Cap Fund through Allvest. Check latest NAV, AUM, expense ratio, fund manager details and investment process. Minimum SIP ₹500 with exit load of 1%.

Investment Objective and Approach

The ITI Large Cap Fund is an open-ended equity scheme investing predominantly in large-cap companies. The fund seeks to provide long-term capital appreciation by focusing on companies with large market capitalisation. Managed by Alok Ranjan and Rohan Korde, the scheme is benchmarked against the NIFTY 100 Total Return Index.

Large Cap funds invest in stocks of the top 100 companies in terms of full market capitalization. The fund follows a disciplined investment approach, focusing on quality companies with strong fundamentals and growth potential within the large-cap universe.

Key Fund Details:

- Minimum SIP Investment is set to ₹500

- Minimum Lumpsum Investment is ₹5,000

- The fund imposes an exit load of 1% if units are redeemed within 1 year from the date of allotment

- The AUM of ITI Large Cap Fund, is ₹518.35 crore as of recent data

Fund Managers

The fund is managed by a team of experienced professionals:

Mr. Alok Ranjan (Since November 4, 2024)

- Total Experience: 25 years

- He is an MBA from IIM Calcutta and graduate from NIT Warangal where he graduated with an Institute Rank and a Gold Medal

- Currently with ITI Mutual Fund, he has previously served as Fund Manager (Equity) at IDBI Asset Management Ltd. and Shriram Asset Management Ltd. His earlier roles include Head of Research and Advisory at Way2Wealth Securities and Vice President at First Global, showcasing his extensive experience across diverse facets of the financial services industry

Mr. Rohan Korde (Since September 11, 2024)

- Total Experience: 17 years

- Mr. Korde holds a degree in master's in management studies (Finance) from Mumbai University, and a Bachelor of Commerce from RA Poddar College, Mumbai. He joined ITI Asset Management Ltd. in June 2019 and has over 17 years of work experience in capital markets

- His focus has been on fundamental research on investment ideas across various sectors and industries

About the Fund House (AMC)

ITI Mutual Fund was established in India in 2018. They offer high-quality investment solutions to investors. They offer various schemes across equity, debt and hybrid categories.

Founded in 2018, ITI Mutual Fund is dedicated to offering superior investment solutions for long-term wealth creation among investors. As part of the ITI Group of Companies, a growing conglomerate providing diverse financial services such as equity research (for both retail and institutional clients), equity broking (for both retail and institutional clients), investment banking, asset-based lending, and alternative investment funds, the AMC has positioned itself as a comprehensive financial service provider.

As of December 2023, the AMC manages assets amounting to Rs. 5355 crores. With the finest minds in investment management, they follow a unique investment philosophy. ITI aspires to make a better financial status for its investors. It offers thoughtful and investor centric investment solutions. They have a strong management team and a highly experienced research analyst.

Should I Invest in ITI Large Cap Fund?

ITI Large Cap Fund may be suitable for investors seeking:

- Long-term Capital Growth: The fund focuses on large-cap companies with established business models and stable growth prospects

- Diversified Exposure: Investment across India's top 100 companies by market capitalization provides broad market exposure

- Professional Management: Experienced fund managers with strong track records in equity research and portfolio management

- Regulatory Compliance: SEBI-registered fund house with transparent investment processes

Investment Considerations:

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

- Suitable for investors with moderate to high risk tolerance

- Recommended investment horizon of 5+ years for optimal returns

- 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%

FAQs

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

The NAV varies daily based on market conditions. You can check the current NAV on Allvest platform or the fund's official website for real-time updates.

What is the AUM of ITI Large Cap Fund?

The AUM of ITI Large Cap Fund is ₹518.35 crore as per the latest available data.

What is the expense ratio of ITI Large Cap Fund?

The expense ratio varies between regular and direct plans. Direct plans typically have lower expense ratios, making them more cost-effective for investors.

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

ITI Large Cap Fund scheme return performance in last 1 year is 6.10%, in last 3 years is 73.91% and 89.13% since scheme launch (for one variant). Returns may vary between different plan options.

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

Minimum SIP Investment is set to ₹500 making it accessible for retail investors.

How do I invest in ITI Large Cap Fund?

You can invest in ITI Large Cap Fund through Allvest platform by completing your KYC, selecting the fund, choosing investment amount and mode (SIP/lumpsum), and making payment through various options.

How to start a SIP in ITI Large Cap Fund?

Through Allvest, you can start a SIP by selecting the fund, choosing monthly SIP option, setting investment amount (minimum ₹500), selecting SIP date, and setting up auto-debit facility.

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

You can automate SIP through Allvest by setting up auto-debit mandate with your bank, enabling automatic monthly investments on your chosen date.

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

You can redeem your investment through Allvest platform by submitting redemption request. The fund imposes an exit load of 1% if units are redeemed within 1 year from the date of allotment, so plan your redemptions accordingly.