This is the Regular plan of ITI Focused Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is distributed, which is why this NAV sits below the growth plan of the same fund.
This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.
View the Growth plan for compounded returns (+14.08% 3Y CAGR)Performance
Scorecard
Not ratedHow this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — too few comparable Equity funds (same plan and option) to rank against yet.
Not enough Focused Fund peers to rank yet
Volatility 16.5% (no category average yet)
2.6% expense (no category average yet)
100% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Consistent — positive in 100% of rolling 3-year windows
Concerns
No significant concerns identified.
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Focused Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -5.72% | — | — |
| 3M abs | -3.89% | — | — |
| 6M abs | +9.16% | — | — |
| 1Y CAGR | -3.41% | — | — |
| 3Y CAGR | +11.62% | — | — |
| 5Y CAGR | — | — | — |
Category average across peers in Focused Fund, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
36 monthly installments of ₹10,000 into ITI Focused Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | Nifty 500 TRI | Diff | |
|---|---|---|---|---|
| 2026part | -7.90% | -7.18% | -0.72% | |
| 2025 | +7.72% | +7.94% | -0.22% | |
| 2024 | +24.48% | +16.43% | +8.05% | |
| 2023part | +18.81% | — | — |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity92.55%
- Cash & Equivalents7.45%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹567.11Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
ITI Mutual Fund is run by ITI Asset Management, part of the Investment Trust of India group. It launched its first schemes in 2019 and runs a mix of equity, hybrid and debt funds.
Fund Managers
DSDhimant ShahManaging since 19 Jun 2023
Co- Head Equity Manager
B.Com & CA
Mr. Shah has joined ITI Asset Management Limited in August 2022 and has over 26 years of work experience in capital markets. Past Experience: July 2020- July 2022 with Oneup Finance as Head Research and Co-Fund Manager- Equities; June 2011- Oct 2019 with Principal AMC as Senior Fund Manager.
ARAlok RanjanManaging since 08 May 2026
Co- Head Equity Manager
B.Sc. (Hons.) Physics, MBA (Finance)
Mr. Alok joined ITI AMC in November 2024 and has over 25 years of work experience in fund management, portfolio management and equity research. Past experience:- Prior to joining ITI AMC, he was associated with ITI Alternate Funds Management Ltd as CEO from January 2024 to October 2024. Prior to ITI Alternate Funds Management Ltd he was associated with ITI AMC from September 2023 to December 2023 as Senior Fund Manager. Prior to ITI AMC he was associated with IDBI Asset Management Company Limited as CIO - Equity from August 2021 to September 2023 and his primary responsibility included fund management activities. Prior to that, he was associated with Shriram Asset Management Company Limited as Senior Fund Manager from July 2020 to January 2021. Prior to that he was associated with Way2Wealth Brokers Pvt. Ltd. as a Research Portfolio Manager from August 2007 to July 2020.
Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Focused funds
Focused funds hold a concentrated portfolio of at most 30 stocks. Higher conviction can mean higher returns, but a few positions carry more of the outcome — so more concentration risk.
Frequently asked questions
What is the NAV of ITI Focused Fund?
As of 01 Oct 2026, the NAV of ITI Focused Fund is ₹14.63 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has ITI Focused Fund delivered?
ITI Focused Fund has returned -3.41% over 1 year, +11.62% per year over 3 years and +12.40% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of ITI Focused Fund?
ITI Focused Fund charges an expense ratio of 2.59% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of ITI Focused Fund?
ITI Focused Fund's largest holdings are KRN Heat Exchanger And Refrigeration Limited (5.4%), ICICI Bank Limited (5.1%), Reliance Industries Limited (4.4%), Solar Industries India Limited (4.2%) and Vedanta Aluminium Metal Limited (4.1%). Holdings are disclosed monthly and change over time.
How risky is ITI Focused Fund?
ITI Focused Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 16.5% and its worst peak-to-trough fall in our sample was -19.4%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of 0.31 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ITI Focused Fund's 0.31 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of ITI Focused Fund?
ITI Focused Fund is benchmarked against the Nifty 500 Total Return Index. Its alpha and beta on this page are measured against that index.
Who manages ITI Focused Fund?
ITI Focused Fund is managed by Dhimant Shah and Alok Ranjan at ITI.
How is ITI Focused Fund taxed?
ITI Focused Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.