ITI Mutual Fund

Fund Name	Ratings	Risk	3Y Returns	AUM
ITI Small Cap Fund Equity Small Cap Fund	0	Very High	27.31%	₹2,366.10 cr.
ITI Small Cap Fund Equity Small Cap Fund	0	Very High	27.31%	₹2,366.10 cr.
ITI Small Cap Fund Equity Small Cap Fund	0	Very High	27.31%	₹2,366.10 cr.
ITI Mid Cap Fund Equity Mid Cap Fund	0	Very High	25.21%	₹1,109.96 cr.
ITI Mid Cap Fund Direct Plan IDCW Payout Equity Mid Cap Fund	0	Very High	23.44%	₹1,109.96 cr.
ITI Mid Cap Fund Direct Plan IDCW Reinvestment Equity Mid Cap Fund	0	Very High	23.44%	₹1,109.96 cr.
ITI Pharma and Healthcare Fund Equity Sectoral / Thematic	0	Very High	22.99%	₹208.21 cr.
ITI Pharma and Healthcare Fund Direct Plan IDCW Payout Equity Sectoral / Thematic	0	Very High	22.99%	₹208.21 cr.
ITI Pharma and Healthcare Fund Direct Plan IDCW Reinvestment Equity Sectoral / Thematic	0	Very High	22.99%	₹208.21 cr.
ITI Value Fund Equity Value Fund	0	Very High	22.25%	₹300.54 cr.
ITI Value Fund Direct Plan IDCW Payout Equity Value Fund	0	Very High	22.25%	₹300.54 cr.
ITI Value Fund Direct Plan IDCW Reinvestment Equity Value Fund	0	Very High	22.25%	₹300.54 cr.
ITI ELSS Tax Saver Fund Equity ELSS	1	Very High	22.19%	₹388.48 cr.
ITI Multi Cap Fund Equity Multi Cap Fund	0.5	Very High	21.66%	₹1,360.14 cr.
ITI ELSS Tax Saver Fund Direct Plan IDCW Payout Equity ELSS	1	Very High	20.67%	₹388.48 cr.
ITI Multi Cap Fund Direct Plan IDCW Payout Equity Multi Cap Fund	0.5	Very High	20.15%	₹1,360.14 cr.
ITI Multi Cap Fund Direct Plan IDCW Reinvestment Equity Multi Cap Fund	0.5	Very High	20.15%	₹1,360.14 cr.
ITI Large Cap Fund Equity Large Cap Fund	0	Very High	14.99%	₹360.06 cr.
ITI Large Cap Fund Direct Plan IDCW Payout Equity Large Cap Fund	0	Very High	14.99%	₹360.06 cr.
ITI Large Cap Fund Direct Plan IDCW Reinvestment Equity Large Cap Fund	0	Very High	14.99%	₹360.06 cr.
ITI Balanced Advantage Fund Hybrid Dynamic Asset Allocation or Balanced Advantage	0	Moderately High	11.21%	₹381.88 cr.
ITI Balanced Advantage Fund Direct Plan IDCW Payout Hybrid Dynamic Asset Allocation or Balanced Advantage	0	Moderately High	10.95%	₹381.88 cr.
ITI Balanced Advantage Fund Direct Plan IDCW Reinvestment Hybrid Dynamic Asset Allocation or Balanced Advantage	0	Moderately High	10.95%	₹381.88 cr.
ITI Dynamic Bond Fund Direct Plan Quarterly IDCW Reinvestment Debt Dynamic Bond	0	Moderately Low	7.08%	₹43.08 cr.
ITI Dynamic Bond Fund Direct Plan Quarterly IDCW Payout Debt Dynamic Bond	0	Moderately Low	7.08%	₹43.08 cr.
ITI Dynamic Bond Fund Debt Dynamic Bond	0	Moderately Low	7.02%	₹43.08 cr.
ITI Dynamic Bond Fund Direct Plan Annually IDCW Reinvestment Debt Dynamic Bond	0	Moderately Low	7.02%	₹43.08 cr.
ITI Dynamic Bond Fund Direct Plan Annually IDCW Payout Debt Dynamic Bond	0	Moderately Low	7.02%	₹43.08 cr.
ITI Dynamic Bond Fund Direct Plan Monthly IDCWoption Reinvestment Debt Dynamic Bond	0	Moderately Low	7.01%	₹43.08 cr.
ITI Dynamic Bond Fund Direct Plan Monthly IDCWoption Payout Debt Dynamic Bond	0	Moderately Low	7.01%	₹43.08 cr.
ITI Banking and PSU Debt Fund Direct Plan IDCW Payout Debt Banking and PSU Fund	0	Moderately Low	6.52%	₹31.24 cr.
ITI Banking and PSU Debt Fund Direct Plan IDCW Reinvestment Debt Banking and PSU Fund	0	Moderately Low	6.52%	₹31.24 cr.
ITI Banking and PSU Debt Fund Debt Banking and PSU Fund	0	Moderately Low	6.52%	₹31.24 cr.
ITI Ultra Short Duration Fund Direct Plan Annually IDCW Reinvestment Debt Ultra Short Duration Fund	0	Moderately Low	6.37%	₹157.28 cr.
ITI Ultra Short Duration Fund Direct Plan Annually IDCW Payout Debt Ultra Short Duration Fund	0	Moderately Low	6.37%	₹157.28 cr.
ITI Ultra Short Duration Fund Debt Ultra Short Duration Fund	0	Moderately Low	6.34%	₹157.28 cr.
ITI Liquid Fund Direct Plan Annually IDCW Reinvestment Debt Liquid Fund	1.5	Moderately Low	6.16%	₹75.18 cr.
ITI Liquid Fund Direct Plan Annually IDCW Payout Debt Liquid Fund	1.5	Moderately Low	6.16%	₹75.18 cr.
ITI Liquid Fund Debt Liquid Fund	1.5	Moderately Low	6.14%	₹75.18 cr.
ITI Liquid Fund Direct Plan Monthly IDCW Reinvestment Debt Liquid Fund	1.5	Moderately Low	6.13%	₹75.18 cr.
ITI Liquid Fund Direct Plan Monthly IDCW Payout Debt Liquid Fund	1.5	Moderately Low	6.13%	₹75.18 cr.
ITI Arbitrage Fund Hybrid Arbitrage Fund	1	Low	5.97%	₹37.79 cr.
ITI Arbitrage Fund Direct Plan IDCW Payout Hybrid Arbitrage Fund	1	Low	5.97%	₹37.79 cr.
ITI Arbitrage Fund Direct Plan IDCW Reinvestment Hybrid Arbitrage Fund	1	Low	5.97%	₹37.79 cr.
ITI Overnight Fund Direct Plan Monthly IDCW Reinvestment Debt Overnight Fund	1	Low	5.79%	₹23.69 cr.
ITI Overnight Fund Direct Plan Monthly IDCW Payout Debt Overnight Fund	1	Low	5.79%	₹23.69 cr.
ITI Overnight Fund Debt Overnight Fund	1	Low	5.77%	₹23.69 cr.
ITI Ultra Short Duration Fund Direct Plan Monthly IDCW Reinvestment Debt Ultra Short Duration Fund	0	Moderately Low	3.37%	₹157.28 cr.
ITI Ultra Short Duration Fund Direct Plan Monthly IDCW Payout Debt Ultra Short Duration Fund	0	Moderately Low	3.37%	₹157.28 cr.
ITI Dynamic Bond Fund Direct Plan Half Yearly IDCW Reinvestment Debt Dynamic Bond	0	Moderately Low	0.61%	₹43.08 cr.
ITI Dynamic Bond Fund Direct Plan Half Yearly IDCW Payout Debt Dynamic Bond	0	Moderately Low	0.61%	₹43.08 cr.
ITI Banking and Financial Services Fund Equity Sectoral / Thematic	0	Very High	0%	₹268.28 cr.
ITI Overnight Fund Direct Plan Annual IDCW Reinvestment Debt Overnight Fund	1	Low	0%	₹23.69 cr.
ITI Banking and Financial Services Fund Direct Plan IDCW Payout Equity Sectoral / Thematic	0	Very High	0%	₹268.28 cr.
ITI Banking and Financial Services Fund Direct Plan IDCW Reinvestment Equity Sectoral / Thematic	0	Very High	0%	₹268.28 cr.
ITI Overnight Fund Direct Plan Annual IDCW Payout Debt Overnight Fund	1	Low	0%	₹23.69 cr.
ITI Flexi Cap Fund Equity Flexi Cap Fund	0	Very High	0%	₹1,262.58 cr.
ITI Flexi Cap Fund Direct Plan IDCW Payout Equity Flexi Cap Fund	0	Very High	0%	₹1,262.58 cr.
ITI Flexi Cap Fund Direct Plan IDCW Reinvestment Equity Flexi Cap Fund	0	Very High	0%	₹1,262.58 cr.
ITI Focused Equity Fund Equity Focused Fund	0	Very High	0%	₹497.16 cr.
ITI Focused Equity Fund Direct Plan IDCW Payout Equity Focused Fund	0	Very High	0%	₹497.16 cr.
ITI Focused Equity Fund Direct Plan IDCW Reinvestment Equity Focused Fund	0	Very High	0%	₹497.16 cr.
ITI Large and Midcap Fund Direct Plan Growth Equity Large & Mid Cap Fund	0	Very High	0%	₹782.52 cr.
ITI Large and Midcap Fund Direct Plan IDCW Payout Equity Large & Mid Cap Fund	0	Very High	0%	₹782.52 cr.
ITI Large and Midcap Fund Direct Plan IDCW Reinvestment Equity Large & Mid Cap Fund	0	Very High	0%	₹782.52 cr.
ITI Conservative Hybrid Fund Direct Plan Growth			0%	₹.00 cr.
ITI Conservative Hybrid Fund Direct Plan Quarterly IDCW Reinvestment			0%	₹.00 cr.
ITI Conservative Hybrid Fund Direct Plan Quarterly IDCW Payout			0%	₹.00 cr.
ITI Conservative Hybrid Fund Direct Plan Half Yearly IDCW Reinvestment			0%	₹.00 cr.
ITI Conservative Hybrid Fund Direct Plan Half Yearly IDCW Payout			0%	₹.00 cr.
ITI Conservative Hybrid Fund Direct Plan Annually IDCW Reinvestment			0%	₹.00 cr.
ITI Conservative Hybrid Fund Direct Plan Annually IDCW Payout			0%	₹.00 cr.

About ITI Mutual Fund

Established in 2018, ITI Mutual Fund boasts of offering investor-centric investment solutions curated and managed by a highly experienced team of researchers and managers. They claim to have some of the finest minds in the equity research, investment management, and credit research fields onboard, which helps them run a unique investment philosophy and also adopt robust investment strategies. They focus on creating long-term wealth for their clients. Investment Trust of India Ltd. is the promoter of ITI Mutual Fund (ITIMF).

ITIMF is a part of the ITI Group of Companies. This is an emerging conglomerate that offers various financial services, including equity research, equity broking, asset-based lending, investment banking, alternative investment funds, and more. The AMC has around 29 branches in India. ITI AMC has an AUM of ₹4,764 crore, as of June 2023.

Following are the values of the company in their own words:

Integrity – Transparency and honesty are the cornerstones of ITIMF’s business. These allow them to build long-term relationships with investors.
Professionalism – AMC’s experts have decades of experience and knowledge, which they use to come up with strategies that move in line with an evolving market.
Simple solutions – They help investors bridge the gap between their money and their goals with simple investment solutions.

ITI Asset Management Company Key Information

Founding date	14 May 2018
AMC Incorporation date	10 Jan 2008
Headquarters in	Mumbai
Name of the sponsors	The Investment Trust of India Ltd. and Fortune Credit Capital Ltd.
Trustee organisation	ITI Mutual Fund Trustee Pvt. Ltd.
MD and CEO	Mr. Hitesh Thakkar
Chief Investment Officer	Mr. Rajesh Bhatia
Compliance Officer	Mr. Vikas Pandya

ITI Mutual Fund Managers

George Heber Joseph

Fund Manager since Jan 2020 (4 years)

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George Heber Joseph is an Associate Chartered Accountant. He worked at ICICI Prudential AMC before joining ITI Mutual Fund. Currently, he is the CEO & Chief Investment Officer.

Pradeep Gokhale

Fund Manager since Apr 2022 (2 years)

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Pradeep Gokhale is a Chartered Financial Analyst and Chartered Accountant. He worked at Tata Asset Management Ltd, CARE Ratings Ltd, Bombay Dyeing, Tata International and Lubrizol India Ltd before joining ITI Mutual Fund.

Vikrant Mehta

Fund Manager since Apr 2022 (2 years)

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Vikrant Mehta worked at Mata Securities, JM Morgan Stanley, NVS Brokerage, AIG, PineBridge Investments and Indiabulls Asset Management before joining ITI Mutual Fund.

Dhimant Shah

Fund Manager since May 2023 (1 year)

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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). His extensive experience highlights his proficiency in equity management.

How to Invest in ITI Mutual Fund via Angel One?

Investing in the ITI Mutual Fund on Angel One is a hassle-free process. If you don’t have an Angel One Demat account, you can open one in under a few minutes by submitting the required documents. All you have to do is follow these steps:

Step 1: Log in to your Angel One using your mobile number and validate the OTP. Next, enter your MPIN.

Step 2: Determine the most suited fund based on your needs and risk profile. You can learn more about each fund on the Angel One app under the mutual fund section. Things to consider at this stage are:

Search for the fund you want to invest in or take cues from funds listed by Angel One across categories.
Analyse the fund’s past performance, tax implications, and the sectors and companies in which it invests. You can also calculate the potential returns using the available online calculators.
Evaluate the fund’s level of risk and weigh it against your risk tolerance.
Check the fund’s ratings given by reputed rating agencies. Generally, the ratings range from 1 to 5.
Consider the fund’s expense ratio to get an idea about the cost of investing in it.

Step 3: Once you finalise the ITI Mutual Fund scheme you want to invest in, open your Angel One account, go to the Mutual Funds section, and look for it. Since this can be a long-term investment, be careful when choosing the fund that you would like to invest in. Then,

Decide whether you want to invest in a lump sum or via monthly SIP.
Next, enter the amount you want to invest and choose how you want to make the payment. UPI is the preferred mode. Alternatively, you can choose net banking
After placing the order, in the case of the SIP route of investment, you can create a mandate to make hassle-free future installments.

Documents Required To Invest in ITI Mutual Fund

Investing in ITI Mutual Fund through Angel One is a digitally streamlined experience. The KYC process is simple, requiring only essential documents:

PAN Card Details (Mandatory)
Personal Information (Full Name, Mobile Number, Email Address)
We recommend using your Aadhar Card for Address Proof, both front and back sides.
Bank Account Details, including a cancelled check if necessary
Nominee details and FATCA Declarations

With Angel One, your KYC verification is a hassle-free procedure, ensuring efficient access to ITI Mutual Fund for both new and returning investors. You can count on our user-friendly platform to help you achieve your financial goals. Your KYC process will be completed in just 48-72 business hours, enabling you to initiate your mutual fund journey.

Top ITI Mutual Funds To Invest In

Name of the Fund	Sub Category	AUM (₹in crore)	Minimum Investment (₹)	CAGR 3Y (%)	CAGR 5Y (%)
ITI Small Cap Fund	Small Cap Fund	1450.13	500	27.7	–	0.24
ITI Multi-Cap Fund	Multi Cap Fund	643.11	500	23.71	–	0.5
ITI Long Term Equity Fund	Equity Linked Savings Scheme (ELSS)	198.22	500	21.36	–	0.5
ITI Balanced Advantage Fund	Balanced Advantage Fund	329.11	500	13.14	–	0.6
ITI Liquid Fund	Liquid Fund	48.84	500	4.57	–	0.09
ITI Overnight Fund	Overnight Fund	59.62	500	4.42	–	0.08
ITI Arbitrage Fund	Arbitrage Fund	9.49	500	4.15	–	0.2

**All data as of October 4, 2023.

Selection Criteria: The funds chosen have demonstrated the highest Compound Annual Growth Rate (CAGR) over the past 3 years.

ITI Small Cap Fund

ITI Small Cap Fund is categorised as a Small Cap Fund. It manages assets worth ₹1450.13 crore and maintains a low expense ratio of 0.24%. Over the past 3 years, it has demonstrated a Compound Annual Growth Rate (CAGR) of 27.7%. This fund allows investors to begin with a minimum investment of ₹500. Small Cap Funds primarily invest in stocks of smaller companies, aiming to provide capital appreciation over the long term.

ITI Multi-Cap Fund

ITI Multi-Cap Fund operates as a Multi Cap Fund with assets under management (AUM) totalling ₹643.11 crore and an expense ratio of 0.5%. Over the last 3 years, it has delivered a CAGR of 23.71%. The minimum investment in this fund is ₹500. Multi Cap Funds invest across different market cap, providing diversification through exposure to various types of stocks.

ITI Long Term Equity Fund

ITI Long Term Equity Fund falls under the Equity Linked Savings Scheme (ELSS) category, with an AUM of ₹198.22 crore and an expense ratio of 0.5%. It has delivered a 21.36% CAGR over the past 3 years. Investors can start with a minimum investment of ₹500. ELSS funds offer tax benefits under Section 80C of the Income Tax Act and primarily invest in equities to achieve capital appreciation.

ITI Balanced Advantage Fund

ITI Balanced Advantage Fund is categorised as a Balanced Advantage Fund, managing ₹329.11 crore in assets with an expense ratio of 0.6%. Over the past 3 years, it has generated a CAGR of 13.14%. The fund requires a minimum investment of ₹500. Balanced Advantage Funds maintain a mix of equities and fixed-income instruments to achieve a balance between growth and stability.

ITI Liquid Fund

ITI Liquid Fund operates as a Liquid Fund, with an AUM of ₹48.84 crore and a low expense ratio of 0.09%. It has provided a 4.57% CAGR over the last 3 years. The minimum investment in this fund is ₹500. Liquid Funds primarily invest in short-term, highly liquid assets such as money market instruments and government securities, making them suitable for parking surplus funds.

ITI Overnight Fund

ITI Overnight Fund falls under the category of Overnight Funds and manages ₹59.62 crore in assets, with an expense ratio of 0.08%. It has demonstrated a 4.42% CAGR in the past 3 years. This fund allows investors to begin with a minimum investment of ₹500. Overnight Funds invest in very short-term debt instruments, offering a high degree of safety and liquidity.

ITI Arbitrage Fund

ITI Arbitrage Fund is categorised as an Arbitrage Fund, with an AUM of ₹9.49 crore and an expense ratio of 0.2%. Over the past 3 years, it has provided a 4.15% CAGR. Investors can start with a minimum investment of ₹500. Arbitrage Funds aim to benefit from price differentials between cash and derivative markets, minimising market risk.

Mutual Funds Calculators

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ITI Mutual Fund FAQs

How to start ITI Mutual Fund SIP online?

You can start investing in ITI Asset Management Limited SIP online in several ways. One of them is through AMC’s official website. But for a seamless experience, you can do it via Angel One.

Which scheme is the best in ITI Mutual Fund?

To determine the best in the ITI Mutual Fund, conduct thorough research on the various schemes offered by them. Consider factors such as the scheme's investment objective, costs, historical performance, and risk level to select the one that aligns with your financial goals, risk tolerance, and horizon.

How to redeem ITI Mutual Fund online?

For online investments, you can redeem your units in three ways. First, via the Angel One app under the Mutual Funds section. Second, by visiting https://www.angelone.in/mutual-funds. Finally, you can also redeem your ITI Asset Management Limited units by visiting AMC's website.

Are ITI Mutual Fund schemes tax-free?

Not all schemes are tax-free. As with any other ELSS, the one offered by ITI Mutual Fund also comes with tax benefits. By investing in ITI Mutual Fund ELSS Funds, you can claim a tax deduction of up to ₹1.5 lakh under Section 80C every financial year.

Who owns the ITI Mutual Fund?

Investment Trust of India is the promoter of the ITI Mutual Fund. Mr Sudhir Valia is the mentor and one of the key shareholders of the ITI Group.

About ITI Mutual Fund

ITI Asset Management Company Key Information

ITI Mutual Fund Managers

How to Invest in ITI Mutual Fund via Angel One?

Documents Required To Invest in ITI Mutual Fund