ITI Focused Fund
The scheme seek to generate long term capital appreciation by investing in a concentrated portfolio of equity & equity related instruments of upto 30 companies across market capitalization.
Growthvine rating: 3/5 — ranked #12 of 28 in category.
Fund basics
| Category | Equity: Focused |
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| NAV | ₹15.62 (as of 2026-10-01) |
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| AUM | ₹612 Cr |
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| Expense ratio | 2.06% |
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| Riskometer | Very High |
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| Fund manager | Alok Ranjan |
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| Exit load | 0.5% for redemption within 3 months |
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Performance & risk
| Sharpe ratio | 0.74 |
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| Standard deviation | 16.28% |
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| Max drawdown | −19.04% |
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| Alpha | 4.41 |
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| Beta | 1.02 |
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Over 5 years, captured 109.6% of Nifty 500's upside and 89.1% of its downside.
Market cap allocation
| Large cap | 56.3% |
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| Mid cap | 20.3% |
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| Small cap | 23.4% |
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Concentration
| Top 5 holdings | 23.2% |
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| Top 10 holdings | 42.4% |
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| Total holdings | 28 |
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| Index overlap | 29.5% |
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| Active share | 70.5% |
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Top holdings
- KRN HEAT EXCHANGER AND REFRIGERATION LIMITED — 5.4%
- ICICI Bank Ltd. — 5.1%
- Reliance Industries Ltd — 4.4%
- Solar Industries India Limited — 4.2%
- Net Receivables / (Payables) — 4.2%
- Vedanta Aluminium Metal Limited — 4.1%
- Multi Commodity Exchange of India Ltd — 4.1%
- HDFC Bank Ltd. — 4.0%
- State Bank Of India — 3.8%
- Graphite India Ltd. — 3.7%
Top sectors
- Banking & Financial — 19.0%
- Industrial Products — 14.2%
- Cash — 7.4%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | −1.7% | Q2 | #11 of 28 |
| 2025 | 7.7% | Q1 (Top) | #7 of 28 |
| 2024 | 24.5% | Q1 (Top) | #4 of 27 |