ITI Large & Mid Cap Fund
The fund maintains a defensive, financially-weighted positioning with banking and finance constituting over 27 percent of the portfolio, suggesting conviction in India's credit cycle and domestic consumption recovery. The manager is actively reshaping the portfolio by trimming underperforming tech and capital goods names while adding financial services and consumer-adjacent plays, signaling a tactical shift toward lower volatility and dividend-yielding sectors over growth momentum. The near-fully invested stance with minimal cash leaves little room for opportunistic buying during market corrections.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹9.5359 | — | — | — | — | — | — |
| Regular Growth | ₹9.2694 | +3.67% | -0.63% | -5.63% | -0.89% | — | — |
| Direct IDCW | ₹9.5359 | — | — | — | — | — | — |
| Regular IDCW | ₹9.2694 | — | — | — | — | — | — |
Portfolio Metrics(latest month)
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Motilal Oswal Financial Services Limited | 1.01% |
| Grasim Industries Limited | 1.01% |
| Shriram Finance Limited | 0.91% |
| Godfrey Phillips India Limited | 0.80% |
| Bandhan Bank Limited | 0.69% |
| Union Bank of India | 0.65% |
| Gujarat Fluorochemicals Limited | 0.64% |
| RBL Bank Limited | 0.63% |
| NTPC Limited | 0.49% |
| Fortis Healthcare Limited | 0.49% |
| HDFC Bank Limited | 0.46% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Net Receivables / (Payables) nan | 3.33% |
| 2 | Reliance Industries Limited INE002A01018 | 2.89% |
| 3 | IndusInd Bank Limited INE095A01012 | 2.71% |
| 4 | Bharti Hexacom Limited INE343G01021 | 2.59% |
| 5 | ICICI Bank Limited INE090A01021 | 2.04% |
| 6 | Larsen & Toubro Limited INE018A01030 | 1.95% |
| 7 | State Bank of India INE062A01020 | 1.90% |
| 8 | Supriya Lifescience Limited INE07RO01027 | 1.73% |
| 9 | Housing & Urban Development Corporation Limited INE031A01017 | 1.73% |
| 10 | LG Electronics India Ltd INE324D01010 | 1.71% |
| 11 | KEI Industries Limited INE878B01027 | 1.67% |
| 12 | Sun Pharmaceutical Industries Limited INE044A01036 | 1.63% |
| 13 | TVS Motor Company Limited INE494B01023 | 1.57% |
| 14 | Axis Bank Limited INE238A01034 | 1.57% |
| 15 | Kotak Mahindra Bank Limited INE237A01036 | 1.52% |
| 16 | Divi's Laboratories Limited INE361B01024 | 1.50% |
| 17 | Bajaj Finance Limited INE296A01032 | 1.50% |
| 18 | One 97 Communications Limited INE982J01020 | 1.48% |
| 19 | NLC India Limited INE589A01014 | 1.43% |
| 20 | Kirloskar Pneumatic Company Limited INE811A01020 | 1.38% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.