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ITI Long Term Equity Fund

ITI Long Term Equity Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

-10.51

as on 24 May 2022

1 Year

Investment of ₹ 10,000 in this fund 1 Year back would be ₹ 8,949 today.

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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

  • ₹ 12.374

    as on 24 May 2022
  • Regular - Growth

  • -

  • ₹ 500

  • ₹ 105 Cr.

    as on 31 Dec 2021
  • 2.53%

  • 18 Oct 2019

  • Equity - ELSS

  • Nifty 500 TRI

  • ITI Mutual Fund

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  • Data not available.

Highlights of this fund

ITI Long Term Equity Fund is an Open-ended Equity 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 Equity funds offered by ITI Mutual Fund.

Latest NAV of the fund is ₹ 12.374 as on 24 May 2022.

This fund has 2 years of track record. Since 30 Nov 2021 expense ratio of this fund is 2.53%. 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 Rohan Korde

    Picture of Rohan  Korde
  • 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 Very 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 -3.91% 6.82% -3.57% 17.83% 61.14% 30.73% 21.42% 20.03% 2.71% 36.59% 39.59% 27.97% 22.59%
Category Average -7.31% -1.55% -9.75% 5.67% 33.89% 12.43% 10.75% 15.12% -9.07% 14.22% 16.18% 12.41% 13.36%
ITI Long Term Equity Fund -6.62%₹ 9,337 -3.25%₹ 9,675 -14.70%₹ 8,530 -10.51%₹ 8,949 -19.37%₹ 10,707 24.95%₹ 15,632 3.23%₹ 24,809 - - - - - -
DSP Tax Saver Fund -7.28%₹ 9,271 -0.99%₹ 9,901 -8.51%₹ 9,148 5.07%₹ 10,507 -8.48%₹ 11,445 36.81%₹ 18,749 17.11%₹ 28,393 14.77%₹ 15,122 18.68%₹ 47,373 12.41%₹ 17,953 14.78%₹ 86,852 17.25%₹ 49,146 15.39%₹ 2,68,622
Mirae Asset Tax Saver Fund -7.48%₹ 9,251 -0.87%₹ 9,912 -9.61%₹ 9,038 5.15%₹ 10,514 -8.78%₹ 11,425 40.46%₹ 19,766 16.54%₹ 28,241 16.55%₹ 15,840 19.62%₹ 48,000 15.41%₹ 20,478 16.32%₹ 90,204 - -
Quant Tax Plan -8.96%₹ 9,104 6.82%₹ 10,681 -5.33%₹ 9,467 14.41%₹ 11,440 2.71%₹ 12,174 61.14%₹ 26,033 36.59%₹ 33,712 30.73%₹ 22,356 39.59%₹ 62,697 21.42%₹ 26,405 27.97%₹ 1,19,501 20.03%₹ 62,157 22.59%₹ 3,96,116
BOI AXA Tax Advantage Fund -9.66%₹ 9,033 -3.22%₹ 9,677 -13.41%₹ 8,658 3.72%₹ 10,371 -14.98%₹ 11,008 35.64%₹ 18,428 13.71%₹ 27,500 19.34%₹ 17,004 19.46%₹ 47,897 15.24%₹ 20,332 15.86%₹ 89,183 16.22%₹ 45,002 15.25%₹ 2,66,551
Canara Robeco Equity Tax Saver Fund -6.66%₹ 9,333 -3.77%₹ 9,623 -10.94%₹ 8,906 4.88%₹ 10,488 -10.96%₹ 11,280 34.30%₹ 18,066 14.12%₹ 27,606 15.67%₹ 15,483 18.17%₹ 47,036 14.43%₹ 19,628 15.88%₹ 89,219 15.49%₹ 42,247 14.79%₹ 2,60,087

Portfolio Holdings

Portfolio holdings pattern of ITI Long Term Equity Fund as on 25 May 2022 are listed below:

  • Equity Holdings:

    93.71%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    6.29%

Top Sector Holdings of ITI Long Term Equity Fund

Name of SectorHolding PercentageHolding Values in Crore
Pharmaceuticals 24.74% ₹ 28.37 Cr.
Banks 17.21% ₹ 25.57 Cr.
Computers - Software 10.58% ₹ 11.56 Cr.
Refineries/Marketing 6.15% ₹ 7.18 Cr.
Commercial vehicles 6.50% ₹ 7.10 Cr.
Others 34.82% -

Top Stock Holdings of ITI Long Term Equity Fund

Name of StocksHolding PercentageHolding Values in Crore
HDFC Bank Ltd. 7.75% ₹ 8.47 Cr.
Sun Pharmaceutical Industries Ltd. 7.37% ₹ 8.05 Cr.
Lupin Ltd. 7.17% ₹ 7.83 Cr.
Eicher Motors Ltd. 6.50% ₹ 7.10 Cr.
Alembic Pharmaceuticals Ltd. 5.21% ₹ 5.69 Cr.
Others 66.00% -

Other Holdings

Holding TypeHolding Percentage
TREPS 4.78%
Net Receivables 1.51%