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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

  • ₹ 14.715

    as on 20 Sep 2021
  • Regular - Growth

  • -

  • ₹ 500

  • ₹ 94 Cr.

    as on 20 Sep 2021
  • 2.58%

    since 31 May 2021
  • 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 ₹ 14.715 as on 20 Sep 2021.

This fund has 1 years of track record. Since 31 May 2021 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 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 8.91% 15.45% 32.62% 76.41% 52.06% 29.98% 22.71% 19.78% 77.83% 71.83% 50.33% 31.80% 23.75%
Category Average 5.62% 10.99% 21.02% 54.17% 26.59% 16.32% 14.60% 15.70% 52.45% 41.58% 29.00% 19.20% 16.75%
ITI Long Term Equity Fund 6.01%₹ 10,600 3.77%₹ 10,376 15.30%₹ 11,529 43.24%₹ 14,324 40.28%₹ 14,480 - - - - - - - -
Mirae Asset Tax Saver Fund 5.59%₹ 10,559 10.95%₹ 11,094 21.76%₹ 12,175 59.64%₹ 15,963 56.05%₹ 15,391 32.36%₹ 17,532 47.51%₹ 36,902 22.08%₹ 18,214 34.52%₹ 58,777 20.69%₹ 25,622 24.39%₹ 1,09,786 - -
Canara Robeco Equity Tax Saver Fund 5.37%₹ 10,537 11.76%₹ 11,176 21.78%₹ 12,178 56.42%₹ 15,641 55.33%₹ 15,351 34.18%₹ 18,019 46.62%₹ 36,643 22.30%₹ 18,314 34.50%₹ 58,765 18.67%₹ 23,543 24.25%₹ 1,09,421 16.44%₹ 45,864 18.39%₹ 3,15,970
Axis Long Term Equity Fund 8.91%₹ 10,890 15.01%₹ 11,501 24.11%₹ 12,410 61.40%₹ 16,139 58.87%₹ 15,552 28.53%₹ 16,532 43.13%₹ 35,628 19.88%₹ 17,245 32.04%₹ 56,891 17.98%₹ 22,872 22.80%₹ 1,05,670 19.78%₹ 60,881 20.43%₹ 3,52,619
Quant Tax Plan 6.16%₹ 10,616 8.79%₹ 10,879 32.62%₹ 13,261 76.41%₹ 17,640 77.83%₹ 16,611 52.06%₹ 23,149 71.83%₹ 44,287 29.98%₹ 21,991 50.33%₹ 71,816 22.71%₹ 27,843 31.80%₹ 1,30,964 17.82%₹ 51,626 23.75%₹ 4,22,118
Invesco India Tax Plan 5.49%₹ 10,548 10.81%₹ 11,080 21.02%₹ 12,102 50.39%₹ 15,038 49.85%₹ 15,036 28.24%₹ 16,456 40.26%₹ 34,803 16.89%₹ 15,985 29.11%₹ 54,714 15.76%₹ 20,793 20.16%₹ 99,128 16.86%₹ 47,555 18.00%₹ 3,09,243

Portfolio Holdings

Portfolio holdings pattern of ITI Long Term Equity Fund as on 21 Sep 2021 are listed below:

  • Equity Holdings:

    97.40%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    2.60%

Top Sector Holdings of ITI Long Term Equity Fund

Name of SectorHolding PercentageHolding Values in Crore
Pharmaceuticals 24.34% ₹ 23.46 Cr.
Banks 5.89% ₹ 9.48 Cr.
Cigarettes 8.82% ₹ 8.25 Cr.
Computers - software 6.55% ₹ 6.25 Cr.
Commercial vehicles 6.65% ₹ 6.22 Cr.
Others 47.75% -

Top Stock Holdings of ITI Long Term Equity Fund

Name of StocksHolding PercentageHolding Values in Crore
Lupin Ltd. 9.70% ₹ 9.08 Cr.
Sun Pharmaceutical Industries Ltd. 9.31% ₹ 8.71 Cr.
ITC Limited 8.82% ₹ 8.25 Cr.
Eicher Motors Ltd. 6.65% ₹ 6.22 Cr.
HCL Technologies Limited 6.55% ₹ 6.13 Cr.
Others 58.97% -

Other Holdings

Holding TypeHolding Percentage
TREPS 2.67%
Net Receivables -0.07%