Investment Objective and Approach

The scheme seeks to generate long term capital appreciation by investing substantially in a portfolio of equity and equity related instruments by following value investing strategy. ITI Value Fund follows a value/contrarian style of investing, which endeavours to find stocks that are priced significantly lower than what the fund management team believes their true worth is.

Value stock funds mainly invest in value stocks, which are selling at a low price in relation to earnings or other fundamental value measures. The fund employs a disciplined approach to identify undervalued securities across market capitalizations. Investments in portfolio predominantly consisting of equity and equity related instruments by following a value investment strategy.

The benchmark for performance comparison is Nifty 500 TRI with additional benchmark being Nifty 50. This equity scheme is suitable for investors seeking long-term wealth creation through a value-oriented investment approach.

Fund Manager

Pradeep Gokhale is the Current Fund Manager of ITI Value Fund Direct Growth fund. Pradeep Gokhale is a Chartered Financial Analyst and Chartered Accountant. Mr. Shah is a B.Com (H) and Chartered Accountant.

Prior to joining ITI Mutual Fund, he has worked with Principal Mutual Fund, HSBC AMC, Reliance Mutual Fund, ASK Raymond James Securities Pvt. Ltd. and IL&FS AMC. His extensive experience in fund management and equity research across leading asset management companies brings valuable expertise to the fund's investment decisions.

He has worked in various roles in Fund Management, Equity Research, Credit Evaluation, and Ratings with top companies like Tata Asset Management Ltd., CARE Ratings Ltd., Bombay Dyeing, Tata International, and Lubrizol India Ltd. As of now, Mr. Gokhale manages an AUM of 2371 crores and 20 schemes.

About the Fund House (AMC)

ITI Mutual Fund is a part of ITI Asset Management Limited, a subsidiary of The Investment Trust of India Limited. Established to offer a range of mutual fund schemes, ITI Mutual Fund aims to cater to diverse investor needs with a focus on long-term wealth creation.

ITI Mutual Fund, established in 2018, was founded with the aim of providing top-tier investment solutions for long-term wealth generation. It prides itself on offering considerate and investor-focused investment solutions, supported by a highly experienced team of researchers and investment managers.

With a team comprising some of the industry's leading equity and credit researchers, as well as investment managers, ITI AMC operates on a distinctive investment philosophy and strategy designed to deliver long-term returns. The promoter of the AMC is the Investment Trust of India Ltd. The AMC is a 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 investments.

As of September 30, 2024, the company have an average AUM of Rs. ₹9,909.06 crore.

Should I Invest in ITI Value Fund?

ITI Value Fund is suitable for investors with the following characteristics:

Investment Horizon: Do not invest in this, or any other value-oriented fund, if you need to redeem your investment in less than five years. Value investing requires patience as undervalued stocks may take time to realize their potential.

Risk Tolerance: The ITI Value Fund Direct Growth is rated Very High risk. Investors should be comfortable with equity market volatility and potential short-term fluctuations.

Investment Approach: The fund is ideal for investors who believe in value investing principles and seek to benefit from market inefficiencies. 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. But be prepared for ups and downs in your investment value along the way.

Key Investment Details:

- Minimum SIP Investment is set to ₹500

- Minimum Lumpsum Investment is ₹5,000

- Exit load of 0.50%, if redeemed within 3 months

- The expense ratio of ITI Value Fund is 0.57%

The fund launched on 14 May 2018 and has delivered CAGR of 14.84% since inception as of the latest available data.

FAQs

What is today's NAV of ITI Value Fund?

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

What is the AUM of ITI Value Fund?

The AUM of ITI Value Fund is 314.2 crore as per the latest available data. AUM fluctuates based on market performance and investor flows.

What is the expense ratio of ITI Value Fund?

The expense ratio of ITI Value Fund is 0.57%, which covers the annual fund management and operational costs.

What are the returns of ITI Value Fund since inception?

The fund has delivered a CAGR of 14.84% since inception. Past performance doesn't guarantee future returns.

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

Minimum SIP Investment is set to ₹500, making it accessible for regular investors to start their investment journey.

How do I invest in ITI Value Fund?

You can invest in ITI Value Fund through Allvest's platform online. Complete your KYC, select the fund, choose between SIP or lumpsum, and start investing digitally.

How to start a SIP in ITI Value Fund?

Register on Allvest, complete KYC verification, search for ITI Value Fund, select SIP option, choose investment amount and frequency, and set up auto-debit for hassle-free investing.

How do I automate an SIP in ITI Value Fund?

After setting up your SIP on Allvest, enable auto-debit from your bank account. This ensures automatic monthly investments without manual intervention.

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

Log into your Allvest account, navigate to your portfolio, select ITI Value Fund, choose partial or full redemption, and submit your request. Funds are typically credited within 2-3 business days.