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: 4/5 — ranked #9 of 37 in category.
Fund basics
| Category | Equity: Small Cap |
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| NAV | ₹34.29 (as of 2026-08-21) |
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| AUM | ₹3,322 Cr |
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| Expense ratio | 1.65% |
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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 | 15.60% |
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| Sharpe ratio | 0.87 |
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| Standard deviation | 19.79% |
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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 87.4% of NIFTY Smallcap 250's upside and 74.5% of its downside.
Market cap allocation
| Large cap | 9.3% |
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| Mid cap | 24.6% |
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| Small cap | 66.1% |
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Concentration
| Top 5 holdings | 12.4% |
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| Top 10 holdings | 21.6% |
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| Total holdings | 80 |
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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 — 3.6%
- Laurus Labs Limited — 2.4%
- Net Receivables / (Payables) — 2.3%
- Karur Vysya Bank Ltd. — 2.3%
- VA Tech Wabag Limited — 2.1%
- Welspun Corp Limited — 2.0%
- Radico Khaitan Ltd. — 2.0%
- Kirloskar Oil Engines Limited — 1.9%
- CarTrade Tech Limited — 1.9%
- Wockhardt Ltd — 1.8%
Top sectors
- Banking & Financial — 14.4%
- Industrial Products — 12.7%
- Pharma & Biotech — 12.2%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 22.2% | Q1 (Top) | #4 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 |