ITI Large Cap Fund
ITI Mutual Fund·Large Cap Fund·vs Nifty 100 TRI
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 | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹18.2959 | — | — | — | — | — | — |
| Regular Growth | ₹16.4143 | -1.04% | -6.84% | -8.91% | -4.31% | +10.26% | +8.96% |
| Direct IDCW | ₹17.3642 | — | — | — | — | — | — |
| Regular IDCW | ₹15.4870 | — | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
47
Top 5 Weight
30.57%
Top 10 Weight
48.63%
Active Share
—
Large Cap
85.28%
Gini
0.390
What Changed2026-03-31 → 2026-04-30
Holdings: 62 → 48+1 added−15 removed43 weight shifts ≥ 0.1%
| 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
Banks27.8%
Finance9.5%
Power6.7%
Petroleum Products6.2%
Telecom - Services5.6%
Automobiles5.2%
Construction4.5%
Retailing3.3%
Pharmaceuticals & Biotechnology3.0%
Aerospace & Defense2.9%
Top 10 sectors by % to NAV. Excludes derivatives.