Investment Objective and Approach

The scheme seeks to generate long term capital appreciation by investing in equity and equity related securities of large cap & mid cap stocks. This fund invests in a combination of large- and medium-sized companies, providing reasonable degree of flexibility to the fund management team to invest in companies of different sizes, depending on where it expects maximum gains.

The fund follows a balanced investment strategy that capitalizes on the growth potential of both large-cap and mid-cap companies. When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. However, investors should be prepared for ups and downs in your investment value along the way. Do not invest in this, or any other large & mid-cap fund, if you need to redeem your investment in less than five years.

Key Investment Features:

- Minimum SIP Investment: ₹500

- Minimum Lumpsum Investment: ₹5,000

- Exit Load: 0.50%, if redeemed within 3 months

- AUM (as of August 2025): ₹10,737 Cr

- Fund Launch Date: 14 May 2018

Fund Managers

The fund is currently managed by a team of experienced professionals:

Mr. Alok Ranjan (Since November 2024)

- Total Experience: 25 years

- MBA (Finance), BSc Physics (Honors)

- 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.

Mr. Rohan Korde (Since September 2024)

- Total Experience: 17 years

- Masters in Management Studies (Finance), Bachelor of Commerce

- Prior to joining ITI Mutual Fund, he was with BOB Capital Markets, Prabhudas Lilladher, and Anand Rathi Share & Stock Brokers.

About the Fund House (AMC)

ITI Asset Management Limited was established in 2018 with the mission to provide high-quality investment solutions for long-term wealth creation. It prides itself on offering considerate and investor-focused investment solutions, supported by a highly experienced team of researchers and investment managers.

Key AMC Details:

- Assets Under Management: ₹10,666 crores (as reported)

- Fund Portfolio: 50 debt, 48 equity, 16 hybrid funds

- CEO: Jatinder Pal Singh

- Promoter: The Investment Trust of India Ltd.

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 AMC is part of the ITI Group of Companies, an emerging conglomerate that offers a range of financial services, including equity research for both retail and institutional clients, equity broking for retail and institutional customers, investment banking, asset-based lending, and alternative investment solutions.

Should I Invest in ITI Large & Mid Cap Fund?

This fund is suitable for investors with specific investment profiles and objectives:

Investment Horizon: Ideal for investors with a minimum investment horizon of five years or more, as shorter durations may expose you to market volatility without sufficient time for recovery.

Risk Profile: The ITI Large & Mid Cap Fund Direct Growth is rated Very High risk. This makes it suitable for investors with high risk tolerance who can handle market fluctuations.

Return Expectations: When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.

Tax Implications:

- Short-term (less than 1 year): 20% tax rate on entire gains

- Long-term (more than 1 year): Gains up to Rs 1.25 lakh are exempt; gains above this threshold are taxed at 12.5%

The fund offers flexibility through its dual focus on large and mid-cap stocks, potentially providing better risk-adjusted returns compared to funds focused on a single market capitalization segment.

FAQs

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

As of August 14, 2025, the fund has an Asset Under Management (AUM) of ₹10,737 Cr.

What is the expense ratio of ITI Large & Mid Cap Fund?

The expense ratio is 2.19% for Regular Plan and 0.45% for Direct Plan, including additional expenses and GST on management fees.

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

Being a relatively new fund launched in May 2018, long-term performance data is still developing. Check Allvest platform for the most current return figures.

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

The minimum SIP investment amount is ₹500.

How do I invest in ITI Large & Mid Cap Fund?

You can invest through Allvest platform online, which offers a seamless investment experience with zero commission. Simply create an account, complete KYC, and start investing.

How to start a SIP in ITI Large & Mid Cap Fund?

On Allvest platform, select ITI Large & Mid Cap Fund, choose SIP option, set your monthly investment amount (minimum ₹500), select investment date, and complete the setup with auto-debit instructions.

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

Allvest platform allows you to set up automatic SIP with bank mandate. Once configured, the SIP amount will be automatically debited from your account on the chosen date each month.

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

You can redeem your investment through Allvest platform by logging into your account and placing a redemption request. Note that there's an exit load of 0.50% if redeemed within 3 months.