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ITI Multi Asset Allocation Fund

Q: What is the NAV of ITI Multi Asset Allocation Fund?

As of 05 Oct 2026, the NAV of ITI Multi Asset Allocation Fund is ₹9.84 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has ITI Multi Asset Allocation Fund delivered?

ITI Multi Asset Allocation Fund has returned -1.51% 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.

Q: What is the expense ratio of ITI Multi Asset Allocation Fund?

ITI Multi Asset Allocation Fund charges an expense ratio of 1.93% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: How risky is ITI Multi Asset Allocation Fund?

ITI Multi Asset Allocation Fund is rated high on SEBI's risk-o-meter and its worst peak-to-trough fall in our sample was -2.2%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of ITI Multi Asset Allocation Fund?

ITI Multi Asset Allocation Fund is benchmarked against the 50% NIFTY 500 TRI + 30% CRISIL Composite Bond Index + 10% Domestic Price of Physical Gold +10% Domestic Price of Silver. Its alpha and beta on this page are measured against that index.

Q: Who manages ITI Multi Asset Allocation Fund?

ITI Multi Asset Allocation Fund is managed by Laukik Bagwe and Nilay Dalal at ITI.

Q: How is ITI Multi Asset Allocation Fund taxed?

ITI Multi Asset Allocation 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.

ITI Mutual Fund · Best Multi Asset Allocation Mutual Funds

NAV

₹9.84

+0.30% 1D

as of 05 Oct 2026

This is the Direct plan of ITI Multi Asset Allocation Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is distributed, which is why this NAV sits below the growth plan of the same fund.

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Performance

-1.51%absolute

52-week rangePrev NAV ₹9.82

Latest ₹9.84

Low ₹9.8213th percentile of its 52-week rangeHigh ₹10.04

Key Metrics

Annual fee charged by the fund, already deducted from NAV

1.93%

Category —

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

—

Category —

Scheme Info

Definitions

Plan

Direct · IDCW

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

0.50% if redeemed or switched out on or before completion of 3 months from the date of allotment of units ; Nil, if redeemed or switched out after completion of 3 months from the date of allotment of units.

Up to 0.50%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹500

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

50% NIFTY 500 TRI + 30% CRISIL Composite Bond Index + 10% Domestic Price of Physical Gold +10% Domestic Price of Silver

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

10 Sep 2026

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-1.51%

Absolute return over the last 3 months (not annualized)

—

Absolute return over the last 6 months (not annualized)

—

Absolute return since 1 Jan of this year (not annualized)

-1.51%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

—

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

-1.51%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

—

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-2.19%

Benchmark ratios (vs Nifty 50 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 50 TRI

—

Sensitivity to Nifty 50 TRI moves; 1 = moves with the index

—

How much of the fund's movement Nifty 50 TRI explains

—

Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

—

Fund's share of benchmark gains in up months (100 = matches index)

—

Fund's share of benchmark losses in down months (lower is better)

—

Computed vs the Nifty 50 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Multi Asset Allocation)

Period	Fund	Category avg.	Diff
1M abs	-1.51%	—	—
3M abs	—	—	—
6M abs	—	—	—
1Y CAGR	—	—	—
3Y CAGR	—	—	—
5Y CAGR	—	—	—

Category average across peers in Multi Asset Allocation, 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.

Monthly investment (₹)

Period

Invested

₹10.00K

Current value

₹10.00K

Absolute

0.00%

XIRR

+450.01%

Value vs. invested

ValueInvested

Pick a longer period to plot the path.

1 monthly installments of ₹10,000 into ITI Multi Asset Allocation Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Recent changes

Expense-ratio, fund-manager, exit-load and minimum-investment changes we've picked up in the last 30 days.

Expense ratio up: 0.41% → 1.93%
02 Oct 2026

History points

Expense ratio

1.93%

Exit load

Taxation

Taxed as equity

This 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.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

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.

Peer comparison · Multi Asset Allocation

Compare all


ITI Multi Asset Allocation FundThis fund ITI · Direct · IDCW	—	—	—	—	—	1.93%	—
Quant Multi Asset Allocation Fund quant · Direct · IDCW	—	+13.21%	+22.37%	+18.72%	—	1.13%	₹5,474Cr
Nippon India Multi Asset Allocation Fund Nippon India · Direct · IDCW	—	+2.23%	+16.03%	+13.68%	—	0.47%	₹15,069Cr
DSP Multi Asset Allocation Fund DSP · Direct · IDCW	—	+8.42%	+15.53%	—	—	0.63%	₹9,515Cr
Kotak Multi Asset Allocation Fund Kotak Mahindra · Direct · IDCW	—	+3.75%	+14.77%	—	—	0.64%	₹13,629Cr
SBI Multi Asset Allocation Fund SBI · Direct · IDCW	—	+7.18%	+14.17%	+12.84%	—	0.68%	₹17,976Cr

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.

Launched

13 May 2018

Total AUM

₹11,302Cr+4.4% QoQ

Avg AUM · April - June 2026

Website

itiamc.com

Fund Managers

LBLaukik BagweStart date not disclosed

Role

Fund Manager Income

Education

SMP, Leadership and General Management Program, management Information System-IIM Calcutta. PGDBA, Finance & Marketing- ICFAI Business School B.com, International Business/ Trade/Commerce -Mumbai University.

Experience

Mr. Laukik Bagwe joined ITI Mutual Fund in February 2025 and has over 25 years of experience in capital markets. Banking & PSU Debt Fund, Past experience - Prior to joining ITI ITI Dynamic AMC, he acted as Fund Manager- Fixed Income of DSP Asset Managers Pvt Ltd (November 2007 – January 2025)

Funds managed (10)

All schemes Laukik Bagwe runs →

NDNilay DalalStart date not disclosed

Role

Equity Fund

Education

MBA (Finance)

Experience

Mr. Nilay Dalal joined ITI Asset Management Limited in April 2023 and has over 13 years of work experience in financial markets. Past Experience : December 2019 – April 2023 with Axis Asset Management Company as Equity Research Analyst. May 2011 – December 2019 with SBI Life Insurance as Equity Research Analyst

Funds managed (2)

All schemes Nilay Dalal runs →

Fund manager, benchmark and dealing terms from 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.

Explore from here

Fund managers

Laukik Bagwe Nilay Dalal

ITI in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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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 Multi Asset Allocation funds

Multi asset funds spread money across at least three asset classes — typically equity, debt and gold — each at 10% or more. The mix aims to reduce the impact of any one asset having a bad year.

Frequently asked questions

What is the NAV of ITI Multi Asset Allocation Fund?

As of 05 Oct 2026, the NAV of ITI Multi Asset Allocation Fund is ₹9.84 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has ITI Multi Asset Allocation Fund delivered?

ITI Multi Asset Allocation Fund has returned -1.51% 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 Multi Asset Allocation Fund?

ITI Multi Asset Allocation Fund charges an expense ratio of 1.93% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

How risky is ITI Multi Asset Allocation Fund?

ITI Multi Asset Allocation Fund is rated high on SEBI's risk-o-meter and its worst peak-to-trough fall in our sample was -2.2%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of ITI Multi Asset Allocation Fund?

ITI Multi Asset Allocation Fund is benchmarked against the 50% NIFTY 500 TRI + 30% CRISIL Composite Bond Index + 10% Domestic Price of Physical Gold +10% Domestic Price of Silver. Its alpha and beta on this page are measured against that index.

Who manages ITI Multi Asset Allocation Fund?

ITI Multi Asset Allocation Fund is managed by Laukik Bagwe and Nilay Dalal at ITI.

How is ITI Multi Asset Allocation Fund taxed?

ITI Multi Asset Allocation 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.