ITI Flexi Cap Fund
ITI Flexi Cap is heavily tilted toward financial services, with banks commanding nearly 18 percent of the portfolio alongside blue-chip names like Reliance and L&T. The manager's recent additions of renewable energy plays and reduction in commodity exposure signal a tactical pivot toward India's clean energy transition, though the persistent banking overweight and modest cash buffer suggest conviction in economic resilience rather than defensive positioning.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹19.0037 | — | — | — | — |
| Regular Growth | ₹17.9795 | +1.27% | +4.26% | +18.62% | — |
| Direct IDCW | ₹18.4069 | — | — | — | — |
| Regular IDCW | ₹17.3850 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Power Grid Corporation of India Limited | 0.93% |
| Acme Solar Holdings Ltd | 0.90% |
| Talwandi Sabo Power Limited | 0.44% |
| Vedanta Aluminium Metal Limited | 0.44% |
| Malco Energy Limited | 0.44% |
| Vedanta Iron And Steel Limited | 0.44% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Limited INE040A01034 | 4.82% |
| 2 | ICICI Bank Limited INE090A01021 | 4.35% |
| 3 | Reliance Industries Limited INE002A01018 | 4.28% |
| 4 | TREPS 04-May-2026 nan | 4.13% |
| 5 | Net Receivables / (Payables) nan | 3.57% |
| 6 | Bharti Airtel Limited INE397D01024 | 2.75% |
| 7 | Larsen & Toubro Limited INE018A01030 | 2.39% |
| 8 | State Bank of India INE062A01020 | 2.29% |
| 9 | Axis Bank Limited INE238A01034 | 1.87% |
| 10 | NTPC Limited INE733E01010 | 1.81% |
| 11 | Multi Commodity Exchange of India Limited INE745G01043 | 1.71% |
| 12 | Aditya Infotech Limited INE819V01029 | 1.66% |
| 13 | VA Tech Wabag Limited INE956G01038 | 1.65% |
| 14 | Ather Energy Limited INE0LEZ01016 | 1.59% |
| 15 | KSH International Limited INE987S01020 | 1.55% |
| 16 | ITC Limited INE154A01025 | 1.53% |
| 17 | Varun Beverages Limited INE200M01039 | 1.52% |
| 18 | Apar Industries Limited INE372A01015 | 1.48% |
| 19 | Hindustan Copper Limited INE531E01026 | 1.47% |
| 20 | Navin Fluorine International Limited INE048G01026 | 1.46% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does ITI Flexi Cap Fund hold?
ITI Flexi Cap Fund holds 72 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 18.59% of NAV.
What is the largest holding in ITI Flexi Cap Fund?
The largest position in ITI Flexi Cap Fund is HDFC Bank Limited, accounting for 4.82% of NAV in the Banks sector.
Is ITI Flexi Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.278, ITI Flexi Cap Fund is well-diversified. The HHI concentration index is 16,500 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 18.59% of the portfolio.
What is the market cap allocation of ITI Flexi Cap Fund?
Based on SEBI's AMFI classification, ITI Flexi Cap Fund's equity portfolio is split as: Large Cap: 50.78%, Mid Cap: 10.60%, Small Cap: 24.79%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does ITI Flexi Cap Fund invest in most?
ITI Flexi Cap Fund has the highest allocation to Banks (17.49%), nan (8.09%), Pharmaceuticals & Biotechnology (6.29%). The fund is invested across 33 sectors in total.
How actively managed is ITI Flexi Cap Fund compared to other Flexi Cap Fund funds?
ITI Flexi Cap Fund has an Active Share of 52.70%, classifying it as "Active Stock Picker" among 41 Flexi Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in ITI Flexi Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, ITI Flexi Cap Fund added 6 new stocks (including Power Grid Corporation of India Limited) and exited 5 stocks (including Techno Electric & Engineering Company Limited). Total holding count increased from 72 to 74 stocks.