ITI Large Cap Fund
The fund is heavily positioned for financial sector resilience, with banks and financials commanding nearly 37% of the portfolio—a pronounced tilt reflecting confidence in India's lending cycle. The sharp reduction in IT and diversified conglomerate exposure, coupled with increased conviction in HDFC Bank and Airtel, signals the manager is rotating away from slower-growth tech toward domestically-driven consumption and credit themes. The concentrated top-10 allocation of nearly 49% leaves limited margin for error if sentiment shifts.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹18.5409 | — | — | — | — |
| Regular Growth | ₹16.6335 | -1.72% | -4.89% | +10.65% | +9.25% |
| Direct IDCW | ₹17.5967 | — | — | — | — |
| Regular IDCW | ₹15.6938 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Balanced ApproachActive 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 |
|---|---|
| Godfrey Phillips India Limited | 1.07% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Limited INE040A01034 | 7.86% |
| 2 | Reliance Industries Limited INE002A01018 | 6.18% |
| 3 | ICICI Bank Limited INE090A01021 | 5.92% |
| 4 | Bharti Airtel Limited INE397D01024 | 5.61% |
| 5 | State Bank of India INE062A01020 | 5.00% |
| 6 | Axis Bank Limited INE238A01034 | 4.59% |
| 7 | Larsen & Toubro Limited INE018A01030 | 4.53% |
| 8 | Bajaj Finance Limited INE296A01032 | 3.38% |
| 9 | Mahindra & Mahindra Limited INE101A01026 | 2.81% |
| 10 | Kotak Mahindra Bank Limited INE237A01036 | 2.75% |
| 11 | NTPC Limited INE733E01010 | 2.64% |
| 12 | JSW Energy Limited INE121E01018 | 2.56% |
| 13 | Eternal Limited INE758T01015 | 2.24% |
| 14 | Sun Pharmaceutical Industries Limited INE044A01036 | 2.12% |
| 15 | Titan Company Limited INE280A01028 | 2.08% |
| 16 | Cholamandalam Investment and Finance Company Ltd INE121A01024 | 2.02% |
| 17 | Adani Ports and Special Economic Zone Limited INE742F01042 | 1.93% |
| 18 | Bharat Electronics Limited INE263A01024 | 1.86% |
| 19 | Hindalco Industries Limited INE038A01020 | 1.72% |
| 20 | UltraTech Cement Limited INE481G01011 | 1.67% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does ITI Large Cap Fund hold?
ITI Large Cap Fund holds 47 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 30.57% of NAV.
What is the largest holding in ITI Large Cap Fund?
The largest position in ITI Large Cap Fund is HDFC Bank Limited, accounting for 7.86% of NAV in the Banks sector.
Is ITI Large Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.390, ITI Large Cap Fund is well-diversified. The HHI concentration index is 33,844 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 30.57% of the portfolio.
What is the market cap allocation of ITI Large Cap Fund?
Based on SEBI's AMFI classification, ITI Large Cap Fund's equity portfolio is split as: Large Cap: 85.28%, Mid Cap: 4.73%, Small Cap: 5.69%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does ITI Large Cap Fund invest in most?
ITI Large Cap Fund has the highest allocation to Banks (27.80%), Finance (9.51%), Power (6.70%). The fund is invested across 27 sectors in total.
How actively managed is ITI Large Cap Fund compared to other Large Cap Fund funds?
ITI Large Cap Fund has an Active Share of 38.79%, classifying it as "Balanced Approach" among 33 Large Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in ITI Large Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, ITI Large Cap Fund added 1 new stock (including Godfrey Phillips India Limited) and exited 15 stocks (including Infosys Limited). Total holding count decreased from 62 to 48 stocks.