About Fund
The investment objective of the Scheme is to seek to generate long term capital appreciation by predominantly investing in equity and equity related securities of mid cap stocks. However, there can be no assurance that the investment objective of the scheme would be achieved.
The ITI Mid Cap Fund Direct Growth has an AUM of 1358.05 crores & has delivered CAGR of 18.69 in the last 5 years. The fund has an exit load of 0.50% and an expense ratio of 0.28%. The minimum investment in ITI Mid Cap Fund Direct Growth is Rs 5000 and the minimum SIP is Rs 500.
As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.
The fund has a present cash holding of %. The top holdings of the fund include Federal Bank, Solar Industries India, Lloyds Metals And Energy, Marico.
The major sectors where the fund is invested are Regional Banks, Consumer Financial Services, Software & Programming, Electronic Instr. & Controls.
Some of the similar funds are ITI Mid Cap Fund Direct Growth, Union Midcap Fund Direct Growth, JM Midcap Fund Direct Growth, Bandhan Midcap Fund Direct Growth, Bank of India Mid Cap Fund Direct Growth. ITI Mid Cap Fund Direct Growth has a sharpe ratio of 0.98 & a standard deviation of 19.16%.
