ITI Mid Cap Fund
ITI Mid Cap Fund maintains a diversified yet balanced approach with no excessive concentration, though banking exposure at 11.5 percent signals confidence in financial sector resilience. The manager's recent portfolio churn—replacing pharmaceuticals and power finance positions with financial services, industrial, and infrastructure plays—reflects a tactical shift toward economically-sensitive businesses and capital markets beneficiaries. Modest cash levels and broad sector representation suggest measured conviction rather than aggressive directional bets.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹24.4413 | — | — | — | — |
| Regular Growth | ₹22.0888 | +2.86% | +7.26% | +23.38% | +17.11% |
| Direct IDCW | ₹22.4093 | — | — | — | — |
| Regular IDCW | ₹20.0980 | — | — | — | — |
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 |
|---|---|
| BSE Limited | 1.84% |
| AU Small Finance Bank Limited | 1.47% |
| Info Edge (India) Limited | 0.99% |
| Multi Commodity Exchange of India Limited | 0.79% |
| Five Star Business Finance Limited | 0.75% |
| Vedanta Aluminium Metal Limited | 0.18% |
| Malco Energy Limited | 0.18% |
| Vedanta Iron And Steel Limited | 0.18% |
| Talwandi Sabo Power Limited | 0.18% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | The Federal Bank Limited INE171A01029 | 2.78% |
| 2 | Solar Industries India Limited INE343H01029 | 2.23% |
| 3 | Lloyds Metals And Energy Limited INE281B01032 | 1.93% |
| 4 | Marico Limited INE196A01026 | 1.93% |
| 5 | Net Receivables / (Payables) nan | 1.85% |
| 6 | BSE Limited INE118H01025 | 1.84% |
| 7 | Tube Investments of India Limited INE974X01010 | 1.78% |
| 8 | Escorts Kubota Limited INE042A01014 | 1.76% |
| 9 | GE Vernova T&D India Limited INE200A01026 | 1.70% |
| 10 | Cummins India Limited INE298A01020 | 1.70% |
| 11 | PB Fintech Limited INE417T01026 | 1.67% |
| 12 | Oracle Financial Services Software Limited INE881D01027 | 1.66% |
| 13 | IndusInd Bank Limited INE095A01012 | 1.62% |
| 14 | Bank of India INE084A01016 | 1.57% |
| 15 | Sundaram Finance Limited INE660A01013 | 1.54% |
| 16 | Housing & Urban Development Corporation Limited INE031A01017 | 1.53% |
| 17 | Radico Khaitan Limited INE944F01028 | 1.53% |
| 18 | TVS Motor Company Limited INE494B01023 | 1.50% |
| 19 | IDFC First Bank Limited INE092T01019 | 1.48% |
| 20 | AU Small Finance Bank Limited INE949L01017 | 1.47% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does ITI Mid Cap Fund hold?
ITI Mid Cap Fund holds 82 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 10.71% of NAV.
What is the largest holding in ITI Mid Cap Fund?
The largest position in ITI Mid Cap Fund is The Federal Bank Limited, accounting for 2.78% of NAV in the Banks sector.
Is ITI Mid Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.207, ITI Mid Cap Fund is well-diversified. The HHI concentration index is 13,121 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 10.71% of the portfolio.
What is the market cap allocation of ITI Mid Cap Fund?
Based on SEBI's AMFI classification, ITI Mid Cap Fund's equity portfolio is split as: Large Cap: 13.53%, Mid Cap: 68.65%, Small Cap: 12.70%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does ITI Mid Cap Fund invest in most?
ITI Mid Cap Fund has the highest allocation to Banks (11.51%), Finance (6.60%), Auto Components (6.58%). The fund is invested across 34 sectors in total.
How actively managed is ITI Mid Cap Fund compared to other Mid Cap Fund funds?
ITI Mid Cap Fund has an Active Share of 53.21%, classifying it as "Active Stock Picker" among 30 Mid Cap Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in ITI Mid Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, ITI Mid Cap Fund added 9 new stocks (including BSE Limited) and exited 10 stocks (including Alkem Laboratories Limited). Total holding count remained at 84 stocks.