ITI Small Cap Fund
The Scheme seeks to generate capital appreciation by predominantly investing in equity and equity related securities of small cap companies.
Growthvine rating: 3/5 — ranked #10 of 37 in category.
Fund basics
| Category | Equity: Small Cap |
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| NAV | ₹33.07 (as of 2026-10-01) |
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| AUM | ₹3,454 Cr |
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| Expense ratio | 1.64% |
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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 | 16.19% |
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| Sharpe ratio | 0.91 |
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| Standard deviation | 19.89% |
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| Max drawdown | −39.98% |
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| Alpha | 7.83 |
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| Beta | 0.88 |
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Over 5 years, captured 89.5% of NIFTY Smallcap 250's upside and 74.8% of its downside.
Market cap allocation
| Large cap | 8.7% |
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| Mid cap | 23.4% |
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| Small cap | 67.9% |
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Concentration
| Top 5 holdings | 12.5% |
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| Top 10 holdings | 21.5% |
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| Total holdings | 82 |
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| Index overlap | 26.7% |
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| Active share | 73.3% |
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Top holdings
- ACUTAAS CHEMICALS LIMITED — 3.5%
- Welspun Corp Limited — 2.6%
- Laurus Labs Limited — 2.4%
- Karur Vysya Bank Ltd. — 2.1%
- VA Tech Wabag Limited — 1.9%
- TREPS 01-Sep-2026 — 1.9%
- Net Receivables / (Payables) — 1.9%
- CarTrade Tech Limited — 1.9%
- Multi Commodity Exchange of India Ltd — 1.9%
- Radico Khaitan Ltd. — 1.8%
Top sectors
- Industrial Products — 13.1%
- Banking & Financial — 12.7%
- Pharma & Biotech — 12.0%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 17.9% | Q1 (Top) | #6 of 34 |
| 2025 | −4.0% | Q2 | #15 of 30 |
| 2024 | 34.0% | Q1 (Top) | #5 of 28 |
| 2023 | 51.9% | Q1 (Top) | #4 of 24 |
| 2022 | −4.3% | Q4 (Bottom) | #19 of 22 |