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This Less Than 2 Year Old Large-Cap Fund Delivered 14.53% Annual Average Returns

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Investing in mutual funds is a slow but dependable way to combat market volatility without having to worry about market timing. Mutual fund fans are increasingly investing in equity mutual funds through SIPs, owing to the benefits of disciplined investment without having to worry about market volatility and the ability to compound money over time. Here, in this analysis, we have given details of a large-cap mutual fund. The details include returns as well as the portfolio. Check details here!

 

ITI Large Cap Fund - Direct Plan-Growth

ITI Large Cap Fund - Direct Plan-Growth

It's an open-ended equity mutual fund, launched on 24 December 2020 by the ITI Asset Management Ltd. It is a small-sized fund investment fund of its category. The fund's Assets Under Management (AUM) are worth Rs 195.95 Crore. The fund's current Net Asset Value (NAV) declared on 28th April 2022 is Rs 11.99. Fund's expense ratio is below its category average expense ratio of 0.3%. 

The scheme seeks to generate long term capital appreciation by predominantly investing in equity and equity-related securities of large-cap stocks. It is a highly risky large-cap mutual fund. The minimum investment for lump sum payment is Rs 5000 and for SIP is Rs 1000. The fund has no lock-in period. This fund is good for 3-4 years of investment tenure.

Absolute And Annualised Returns
 

Absolute And Annualised Returns

Lump-Sum Investment Returns

Since its launch, it has delivered 14.53% average annual returns.

TenureAbsolute ReturnsAnnualised Returns
1 Year12.01%12.01%
Since Inception19.98%14.53%

SIP Returns

TenureAbsolute ReturnsAnnualised Returns
1 Year0.14%0.27%
Portfolio

Portfolio

The fund has 99.3% investment in equities of which 83.9% is in large-cap stocks, and 6.24% is in mid-cap stocks. The fund has the majority of its money invested in the Financial, Technology, Energy, Consumer Staples, and Consumer Discretionary sectors. The fund's top holdings are Reliance Industries Ltd., Infosys Ltd., Kotak Mahindra Bank Ltd., HDFC Bank Ltd., and Axis Bank Ltd.

Disclaimers

Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.

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