Investment Objective and Approach

ITI Multi Cap Fund is an open-ended equity scheme investing across large cap, mid cap, and small cap stocks, seeking to generate long-term capital appreciation from a diversified portfolio that predominantly invests in equity and equity-related securities of companies across various market capitalisation. The fund maintains a minimum investment of 65% of total assets in equity & equity related instruments.

The fund is mandated to invest at least 25 percent of its money each in stocks of large, medium and small-sized companies. This balanced allocation approach provides investors exposure to growth opportunities across different market segments while maintaining diversification.

Key investment features:

- Diversified portfolio across market capitalizations

- Long-term capital appreciation focus

- At least 50% of assets invested in mid and small cap stocks which generally experience more severe ups and downs

- Suitable for long-term investors who don't mind higher risk

Fund Managers

ITI Multi Cap Fund is managed by Dhimant Shah and Rohan Korde.

Dhimant Shah - He holds a B.Com degree and is an ACA with over 25+ years of experience in the stock market. Before joining ITI Mutual Fund, he worked with Reliance Capital Asset Management Ltd., UTI Asset Management Company Ltd., HSBC Asset Management (India) Private Ltd., and ASK Raymond James Securities Pvt. Ltd. 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).

Rohan Korde - Mr Korde has been a fund manager at ITI AMC since May 2021. Prior to joining ITI Mutual Fund, he was with BOB Capital Markets, Prabhudas Lilladher, and Anand Rathi Share & Stock Brokers. Mr Korde is a Masters in Management Studies (Finance), and also did Bachelors of Commerce.

About the Fund House (AMC)

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.

Key highlights:

- 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 ITI Mutual Fund AUM is Rs. 10,01,537.60 Lakhs as of December 31, 2024

- 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

The fund house focuses on providing simple investment solutions to help investors bridge the gap between their money and their financial goals through professional asset management.

Should I Invest in ITI Multi Cap Fund?

ITI Multi Cap Fund can be suitable for specific investor profiles:

Ideal for:

- Investors planning to invest for five years or more who can expect gains that comfortably beat the inflation rate as well as returns from fixed income options

- Risk-tolerant investors comfortable with equity market volatility

- Those seeking diversified exposure across market capitalizations

- Long-term wealth creation goals

Investment considerations:

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

- Be prepared for ups and downs in your investment value along the way

- Fund can be fairly volatile since at least 50% of assets will always be invested in mid and small cap stocks

Performance metrics:

- The fund has delivered 15.68% returns since inception as of February 28, 2025

- The fund has delivered a CAGR of 13.78% in the last 5 years, with annualized returns of 6.98% in the past 1 year and 16.82% in the past 3 years

FAQs

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

The NAV changes daily based on market conditions. You can check the current NAV on the fund's official page or through investment platforms like Allvest.

What is the AUM of ITI Multi Cap Fund?

ITI Multi Cap Fund - Direct Growth has an AUM of ₹1,305 Crores as of August 1, 2025. The regular plan AUM may vary slightly.

What is the expense ratio of ITI Multi Cap Fund?

The expense ratio of ITI Multi Cap Fund - Direct Plan is 0.25%. The regular plan typically has a higher expense ratio.

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

ITI Multi Cap Fund has delivered 15.68% returns since inception as of February 28, 2025. Past performance doesn't guarantee future returns.

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

The minimum SIP investment is ₹500 for ITI Multi Cap Fund. The minimum lump sum investment varies between plans.

How do I invest in ITI Multi Cap Fund?

You can invest through Allvest's platform, the fund house website, or other authorized distributors. Complete your KYC, select the investment amount, and choose between SIP or lump sum.

How to start a SIP in ITI Multi Cap Fund?

Login to Allvest, search for ITI Multi Cap Fund, select 'SIP', choose your monthly amount (minimum ₹500), select the date, and complete the investment process.

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

Set up auto-debit mandate during SIP registration on Allvest. Your bank account will be automatically debited on the selected date each month for seamless investments.

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

Login to Allvest, go to your holdings, select ITI Multi Cap Fund, click 'Redeem', enter the amount or select 'Redeem All', and confirm. Exit load of 1% applies if redeemed within 3 months, nil thereafter.