ITI ELSS Tax Saver Fund
The Scheme seeks to provide long-term capital appreciation by investing predominantly in equity and equity related securities.
Growthvine rating: 2/5 — ranked #29 of 57 in category.
Fund basics
| Category | Equity: ELSS |
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| NAV | ₹24.22 (as of 2026-10-01) |
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| AUM | ₹455 Cr |
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| Expense ratio | 2.10% |
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| Riskometer | Very High |
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| Fund manager | Alok Ranjan |
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| Exit load | 0 |
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Performance & risk
| 5-year annualised return | 10.09% |
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| Sharpe ratio | 0.57 |
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| Standard deviation | 19.97% |
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| Max drawdown | −38.71% |
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| Alpha | 2.97 |
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| Beta | 1.23 |
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Over 5 years, captured 111.6% of Nifty 500's upside and 106.2% of its downside.
Market cap allocation
| Large cap | 33.4% |
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| Mid cap | 7.2% |
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| Small cap | 59.4% |
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Concentration
| Top 5 holdings | 14.8% |
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| Top 10 holdings | 26.5% |
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| Total holdings | 68 |
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| Index overlap | 23.7% |
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| Active share | 76.3% |
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Top holdings
- HDFC Bank Ltd. — 3.3%
- Cholamandalam Investment and Finance Company Ltd — 3.1%
- TVS Motor Company Ltd. — 2.9%
- AXIS Bank Ltd. — 2.7%
- Bajaj Finance Limited — 2.7%
- State Bank Of India — 2.5%
- Sansera Engineering Limited — 2.4%
- Mahindra & Mahindra Ltd. — 2.4%
- IIFL FINANCE LIMITED — 2.3%
- Welspun Corp Limited — 2.2%
Top sectors
- Finance & Investments — 18.0%
- Banking & Financial — 17.9%
- Industrial Products — 11.4%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −1.2% | Q2 | #15 of 52 |
| 2025 | 2.6% | Q3 | #29 of 51 |
| 2024 | 22.2% | Q2 | #15 of 51 |
| 2023 | 36.5% | Q1 (Top) | #10 of 48 |
| 2022 | 2.5% | Q3 | #23 of 43 |