ITI Mid Cap Fund
The scheme seeks to seek to generate long term capital appreciation by predominantly investing in equity and equity related securities of mid cap stocks.
Growthvine rating: 4/5 — ranked #5 of 34 in category.
Fund basics
| Category | Equity: Mid Cap |
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| NAV | ₹21.99 (as of 2026-10-01) |
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| AUM | ₹1,480 Cr |
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| Expense ratio | 1.80% |
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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
| 5-year annualised return | 12.96% |
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| Sharpe ratio | 0.78 |
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| Standard deviation | 18.84% |
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| Max drawdown | −23.78% |
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| Alpha | 1.62 |
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| Beta | 1.03 |
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Over 5 years, captured 91.9% of NIFTY Midcap 150's upside and 93.0% of its downside.
Market cap allocation
| Large cap | 18.2% |
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| Mid cap | 66.4% |
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| Small cap | 15.4% |
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Concentration
| Top 5 holdings | 11.8% |
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| Top 10 holdings | 20.0% |
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| Total holdings | 92 |
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| Index overlap | 46.3% |
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| Active share | 53.7% |
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Top holdings
- Federal Bank Ltd. — 3.0%
- Solar Industries India Limited — 2.6%
- One 97 Communications Limited — 2.3%
- Fortis Healthcare Ltd — 2.0%
- Ather Energy Limited — 1.9%
- Radico Khaitan Ltd. — 1.8%
- TVS Motor Company Ltd. — 1.6%
- IDFC FIRST BANK LIMITED — 1.6%
- IndusInd Bank Ltd. — 1.6%
- AU Small Finance Bank Limited — 1.6%
Top sectors
- Banking & Financial — 17.7%
- Automobile — 9.7%
- Pharma & Biotech — 8.9%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −1.0% | Q3 | #21 of 31 |
| 2025 | 4.8% | Q1 (Top) | #7 of 29 |
| 2024 | 30.1% | Q2 | #11 of 29 |
| 2023 | 41.1% | Q1 (Top) | #7 of 28 |
| 2022 | 1.7% | Q3 | #13 of 22 |