ITI Mutual Fund was established in 2018 to offer the best investment solutions to investors for wealth generation over the long-term. It boasts of thoughtful and investor-centric investment solutions backed by a highly experienced team of researchers and investment managers. With a team of one of the best equity and credit researchers, as well as investment managers, ITI AMC runs a unique investment philosophy and strategies that are well-positioned to generate returns in the long-run. Being the latest entrant allows the AMC to offer products that can help investors benefit from our evolving economy. The promoter of the AMC is the Investment Trust of India Ltd. The Mutual Fund has around 29 branches in India with more than 196 employees.
The AMC is a part of the ITI Group of Companies which is an emerging conglomerate offering various financial services like equity research (retail and institutional), equity broking (retail and institutional), investment banking, asset-based lending, alternative investment funds, etc. Currently, the AMC handles Rs. 6396.15 crores worth of assets.
| Fund Name | Category | Risk | 1Y Returns | Rating | Fund Size(in Cr) |
|---|---|---|---|---|---|
ITI Banking and PSU Fund | Debt | Moderate | 8.3% | 5 | ₹30 |
ITI Banking & PSU Debt Fund | Debt | Moderate | 6.9% | 5 | ₹30 |
ITI ELSS Tax Saver Fund | Equity | Moderately High | 46.9% | 4 | ₹411 |
ITI Dynamic Bond Fund | Debt | Moderate | 10.0% | 4 | ₹43 |
ITI Mid Cap Fund | Equity | Very High | 53.3% | 3 | ₹1,162 |
ITI Value Fund | Equity | Very High | 37.0% | 3 | ₹303 |
ITI Large Cap Fund | Equity | Very High | 32.5% | 3 | ₹370 |
ITI Ultra Short Duration Fund | Debt | Low to Moderate | 7.5% | 3 | ₹156 |
ITI Small Cap Fund | Equity | Very High | 49.1% | 2 | ₹2,415 |
ITI Balanced Advantage Fund | Hybrid | Moderately High | 23.8% | 2 | ₹390 |
ITI Liquid Fund | Debt | Low | 7.1% | 2 | ₹67 |
ITI Arbitrage Fund | Hybrid | Moderately Low | 7.9% | 1 | ₹35 |
ITI Overnight Fund | Debt | Low | 6.5% | 1 | ₹43 |
ITI Multi Cap Fund | Equity | Moderately High | 39.6% | -- | ₹1,425 |
ITI Large & Mid Cap Fund | Equity | Very High | NA | -- | ₹781 |
| View All |
| Mutual fund name | ITI Mutual Fund | |||
| Asset management company name | ITI Asset Management Limited | |||
| AMC Setup Date | May 14, 2018 | |||
| AMC Incorporation Date | January 10, 2018 | |||
| Sponsor name | The Investment Trust of India Limited | Fortune Credit Capital Limited | ||
| Trustee organisation | ITI Mutual Fund Trustee Pvt. Ltd | |||
| Name of trustees | Mr. Sudhir Valia | Mr. T.P. Ostwal | Ms. Priti Savla | Mr. Naushad Panjwani |
| MD and CEO | Mr. Hitesh Thakkar | |||
| Compliance Officer | Ms. Nisha Sanjeev | |||
| Investor Service Officer | Ms. Nimisha Keny | |||
| Total AUM (as of end of last quarter) | Rs. 2690 Cr |
— Registered with SEBI, AMFI & BSE
— Paperless sign up on web & app
— Expert recommendations
— ZERO fees !
You can invest in ITI Mutual Fund online by following the steps below:
Follow these steps to avail the fund:
Step 1: Log in to your Groww account. If you do not have a Groww account, you can register for one.
Step 2: If you are someone who has never invested in mutual funds before, you will have to furnish a few details as part of the KYC process. This includes, sharing your PAN, Aadhaar details, bank account details to link your bank to your investments etc. Onboarding on Groww is completely paperless and with smart integrations like Digilocker and Aadhaar based esign, it wouldn’t take you more than 5 minutes to get started.
Step 3: Once the onboarding is complete, you can start investing! Under the ‘Explore’ section, go to mutual funds and search for your desired ITI Mutual Fund. All you have to do is start typing the name of the funds on the ‘search mutual funds and stocks’ bar.
Step 4: Once the name of your desired ITI Mutual Fund scheme comes up, tap on it. This will open the mutual fund’s page. Here you can see all the details of the mutual fund such as past returns generated by the scheme, fund strategy and objectives as well as details of the fund manager among other things.
Step 5: Once you have seen the details of the mutual fund, click on the 'Monthly SIP' option and enter the instalment amount and the SIP date. You can also click on ‘One-time’ payment as well.
Step 6:Then, click on ‘Invest Now’ to invest in the mutual fund after selecting the date of the monthly instalment.
Step 7: There are several methods through which you can make the payment for your SIP account. These methods include payment through UPI Apps, Net Banking, Bank transfer or by manually entering the UPI id.
Step 8: Then, tap on ‘Confirm & Pay’. Congratulations! You will get a message confirming your investment.
1. Vikrant Mehta
Mr. Vikrant Mehta joined ITI Asset Management Ltd. in January 2021 and brings with him more than 25 years of extensive experience in Fixed Income Markets. His last assignment was at Indiabulls Asset Management Co. Limited where he was designated as the Head - Fixed Income and successfully managed various fixed income products. Prior to this role, he has spent more than a decade at PineBridge Investments where he was the Head of Fixed Income and subsequently was the Asia sovereign analyst for PineBridge. Apart from this, he has held executive positions in organisations like NVS Brokerage Private Ltd and JM Morgan Stanley Fixed Income Securities Pvt. Ltd. Vikrant holds a master’s degree in engineering from Kiev Polytechnical Institute, Ukraine and he is also a Chartered Financial Analyst (CFA) from ICFAI.
2. Mr Rohan Korde
He has done a Master's in Management Studies (Finance) and Bachelor of Commerce. Before getting associated with ITI Mutual Fund, he worked with BOB Capital Markets as a Vice President.
3. Mr Dhimant Shah
He carries a B.Com degree and holds an ACA. He has over 25+ years of experience in the stock market. Before joining ITI Mutual Fund, he worked with Reliance Capital Asset Management Ltd., UTI Asset Management Company Ltd, HSBC Asset Management (India) Private Ltd., ASK Raymond James Securities Pvt. Limited.
4. Mr Vishal Jajoo
He has an MBA (Investments), is a Chartered Accountant, and holds a PGDM (Finance). Before associating with ITI Mutual Fund, he was a part of Tata Investment Corporation Ltd.
Now let us jump and check about these top 15 mutual fund schemes.
Fund Performance: The ITI Banking and PSU Fund comes under the Debt category of ITI Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for ITI Banking and PSU Fund is ₹5,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹30Cr |
| 1Y Returns | 8.3% |
Fund Performance: The ITI Banking & PSU Debt Fund comes under the Debt category of ITI Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for ITI Banking & PSU Debt Fund is ₹5,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹30Cr |
| 1Y Returns | 6.9% |
Fund Performance: The ITI ELSS Tax Saver Fund comes under the Equity category of ITI Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for ITI ELSS Tax Saver Fund is ₹500 and for SIP, it is ₹500.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹411Cr |
| 1Y Returns | 46.9% |
Fund Performance: The ITI Dynamic Bond Fund comes under the Debt category of ITI Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for ITI Dynamic Bond Fund is ₹5,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹43Cr |
| 1Y Returns | 10.0% |
Fund Performance: The ITI Mid Cap Fund comes under the Equity category of ITI Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for ITI Mid Cap Fund is ₹5,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹1,162Cr |
| 1Y Returns | 53.3% |
Fund Performance: The ITI Value Fund comes under the Equity category of ITI Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for ITI Value Fund is ₹5,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹303Cr |
| 1Y Returns | 37.0% |
Fund Performance: The ITI Large Cap Fund comes under the Equity category of ITI Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for ITI Large Cap Fund is ₹5,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹370Cr |
| 1Y Returns | 32.5% |
Fund Performance: The ITI Ultra Short Duration Fund comes under the Debt category of ITI Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for ITI Ultra Short Duration Fund is ₹5,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹156Cr |
| 1Y Returns | 7.5% |
Fund Performance: The ITI Small Cap Fund comes under the Equity category of ITI Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for ITI Small Cap Fund is ₹5,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹2,415Cr |
| 1Y Returns | 49.1% |
Fund Performance: The ITI Balanced Advantage Fund comes under the Hybrid category of ITI Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for ITI Balanced Advantage Fund is ₹5,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹390Cr |
| 1Y Returns | 23.8% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 5.99% & 4.93%. The ITI Liquid Fund comes under the Debt category of ITI Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for ITI Liquid Fund is ₹5,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹67Cr |
| 1Y Returns | 7.1% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 5.88% & 4.99%. The ITI Arbitrage Fund comes under the Hybrid category of ITI Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for ITI Arbitrage Fund is ₹5,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹35Cr |
| 1Y Returns | 7.9% |
Fund Performance: The ITI Overnight Fund comes under the Debt category of ITI Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for ITI Overnight Fund is ₹5,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹43Cr |
| 1Y Returns | 6.5% |
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 18.84% & 19.32%. The ITI Multi Cap Fund comes under the Equity category of ITI Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for ITI Multi Cap Fund is ₹1,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹1,425Cr |
| 1Y Returns | 39.6% |
Fund Performance: The ITI Large & Mid Cap Fund comes under the Equity category of ITI Mutual Funds.
Minimum Investment Amount: Lump sum minimum amount for ITI Large & Mid Cap Fund is ₹5,000 and for SIP, it is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹781Cr |
| 1Y Returns | NA |
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