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ITI Long Term Equity Fund

ITI Long Term Equity Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

3 Years

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NAV Performance

ITI Long Term Equity Fund performance graph for last 3 years
Performance of ITI Long Term Equity Fund for last 3 Years

Fund Information

  • ₹ 14.230

    as on 10 Jun 2021
  • Regular - Growth

  • -

  • ₹ 500

  • ₹ 52 Cr.

    as on 10 Jun 2021
  • 2.58%

    since 31 Dec 2020
  • 18 Oct 2019

  • Tax Saver - ELSS

  • Nifty 500 TRI

  • ITI mutual fund

    Show All Funds

Highlights of this fund

ITI Long Term Equity Fund is an Open-ended Tax Saver Fund. The fund belongs to ELSS category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 18 Oct 2019. This fund is offered by one of the top AMC (Assets Management Company) ITI mutual fund. You can also view here all other Tax Saver funds offered by ITI mutual fund.

Latest NAV of the fund is ₹ 14.230 as on 10 Jun 2021.

This fund has 1 years of track record. Since 31 Dec 2020 expense ratio of this fund is 2.58%. Ideally you shoulds compare this fund with the benchmark Nifty 500 TRI.

You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 500.

Fund Objective

To provide long-term capital appreciation by investing predominantly in equity and equity related securities.

List of Fund Managers of ITI Long Term Equity Fund

  • About Pradeep Gokhale

    Picture of Pradeep GokhaleMr Pradeep is a qualified Chartered Accountant from Institute of Chartered Accountants of India, New Delhi and a Chartered Financial Analyst from CFA Institute – USA. Prior to joining ITI Asset Management Ltd., he has worked with Tata Asset Management Ltd., CARE Ratings Ltd., Bombay Dyeing, Tata International and Lubrizol India Ltd. He has over 23 years of extensive experience in Fund Management, Equity Research, Credit Evaluation and Ratings. During his 15-year stint at Tata Asset Management Ltd., he managed a broad spectrum of schemes across large cap (Tata Large Cap Fund), multi cap (Tata Large and Midcap Fund, Tata India Tax Savings Fund and the equity portion of Tata Hybrid Equity Fund), offshore fund (Tata India Offshore Opportunities Fund) and thematic funds (Tata Ethical Fund) with assets under management exceeding Rs. 5,000 crores. He was responsible for heading the equity research function and also for tracking various sectors and a wide variety of stocks. On the other hand, at CARE, he took care of multiple ratings and advisory assignments of companies across manufacturing, financial services and other services sectors.
  • About George Heber Joseph

    Picture of George Heber JosephMr George holds dual Bachelor's Degrees in English Language & Literature and Commerce. He is a qualified CA from Institute of Chartered Accountants of India, New Delhi and a Cost and Management Accountant from Institute of Cost Accountants of India, Kolkata. Prior to joining ITI Asset Management Ltd., he has worked with ICICI Prudential Asset Management Ltd., Tanfac Industries Ltd. (Aditya Birla Group), Cholamandalam Investments & Finance Co. Ltd., Met Life India, Wipro and DSP Merrill Lynch Ltd. based in India and abroad. His last stint was at ICICI Prudential Asset Management Co. Ltd. Mumbai, where he spent more than a decade managing some of the large flagship fund strategies in the equity and hybrid categories with assets under management exceeding Rs. 10,000 crores. All funds (Multicap, ELSS – Long Term Equity Fund, Child Care) and discretionary portfolios (Wellness, Exports, Flexicap, Largecap, PIPE/Smallcap) managed by him during this entire period were excellent performers in their respective categories. There, he was designated as Senior Fund Manager (Vice President Grade) based in Mumbai, India and was one of the Key Management Personnel in the company and was part of the investment management team. He is known for his focus on extensive bottom-up research and stock-picking capabilities, has overseen fund managers activities and managed various research analysts during his tenure.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderately High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 8.44% 22.18% 44.03% 122.19% 41.42% 28.15% 23.06% 18.12% 110.33% 70.88% 47.34% 29.86% 22.59%
Category Average 6.41% 6.97% 21.79% 61.25% 17.91% 12.73% 14.62% 13.94% 56.36% 34.64% 23.63% 16.31% 15.52%
ITI Long Term Equity Fund 7.33%₹ 10,732 8.41%₹ 10,841 23.95%₹ 12,395 60.96%₹ 16,095 59.69%₹ 15,585 - - - - - - - -
Quant Tax Plan 4.71%₹ 10,471 22.18%₹ 12,217 44.03%₹ 14,403 122.19%₹ 22,218 110.33%₹ 18,339 41.42%₹ 20,057 70.88%₹ 43,955 28.15%₹ 21,072 47.34%₹ 69,172 23.06%₹ 28,242 29.86%₹ 1,25,053 15.24%₹ 41,357 22.59%₹ 3,96,192
Canara Robeco Equity Tax Saver Fund 6.32%₹ 10,632 6.62%₹ 10,661 23.56%₹ 12,356 66.72%₹ 16,671 58.37%₹ 15,511 23.39%₹ 15,233 39.84%₹ 34,656 19.56%₹ 17,115 29.07%₹ 54,654 18.02%₹ 22,906 21.17%₹ 1,01,555 14.85%₹ 39,961 16.96%₹ 2,92,416
Mirae Asset Tax Saver Fund 6.24%₹ 10,623 7.05%₹ 10,704 23.79%₹ 12,378 71.79%₹ 17,179 63.21%₹ 15,784 24.19%₹ 15,432 41.70%₹ 35,188 19.40%₹ 17,047 29.93%₹ 55,292 21.39%₹ 26,374 22.11%₹ 1,03,872 - -
DSP Tax Saver Fund 6.67%₹ 10,666 10.23%₹ 11,022 27.19%₹ 12,719 67.63%₹ 16,763 67.37%₹ 16,016 22.05%₹ 14,904 39.87%₹ 34,664 17.00%₹ 16,035 28.22%₹ 54,037 16.91%₹ 21,852 19.06%₹ 96,470 15.95%₹ 43,984 17.85%₹ 3,06,806
BOI AXA Tax Advantage Fund 7.28%₹ 10,728 10.53%₹ 11,053 26.21%₹ 12,621 73.88%₹ 17,387 67.08%₹ 16,000 30.81%₹ 17,124 46.00%₹ 36,429 16.79%₹ 15,951 32.97%₹ 57,561 19.07%₹ 23,944 22.19%₹ 1,04,071 14.99%₹ 40,449 17.82%₹ 3,06,290

Portfolio Holdings

Portfolio holdings pattern of ITI Long Term Equity Fund as on 12 Jun 2021 are listed below:

  • Equity Holdings:

    96.07%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    3.93%

Top Sector Holdings of ITI Long Term Equity Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 17.21% ₹ 13.00 Cr.
Pharmaceuticals 16.92% ₹ 12.79 Cr.
Computers - software 8.49% ₹ 6.42 Cr.
Cigarettes 4.03% ₹ 3.04 Cr.
Refineries/marketing 3.20% ₹ 2.42 Cr.
Others 50.15% -

Top Stock Holdings of ITI Long Term Equity Fund

Name of StocksHolding PercentageHolding Values in Crore
Lupin Ltd. 9.21% ₹ 6.96 Cr.
Infosys Ltd. 4.78% ₹ 3.61 Cr.
State Bank Of India 4.28% ₹ 3.23 Cr.
ITC Limited 3.38% ₹ 2.55 Cr.
Dr. Reddys Laboratories Ltd. 2.90% ₹ 2.19 Cr.
Others 75.45% -

Other Holdings

Holding TypeHolding Percentage
TREPS 5.15%
Net Receivables -1.22%