ITI Multi Cap Fund
ITI Mutual Fund·Multi Cap Fund·vs Nifty 500 Multicap 50:25:25 TRI
ITI Multi Cap Fund is tilted heavily toward defensives—banks and electrical equipment dominate at over 27% combined—suggesting the manager anticipates steady earnings rather than cyclical upside. The five new additions in chemicals, steel, and power signal a tentative pivot toward industrial recovery, though the meaningful Vedanta trim indicates caution about commodity-linked bets. With 81 holdings and top-five concentration at 17.5%, the fund balances conviction plays with adequate diversification, positioning for stability over aggressive growth.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹27.4312 | — | — | — | — | — | — |
| Regular Growth | ₹23.9865 | +3.75% | +0.90% | -0.34% | +6.92% | +18.92% | +12.58% |
| Direct IDCW | ₹24.2679 | — | — | — | — | — | — |
| Regular IDCW | ₹20.9816 | — | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
79
Top 5 Weight
17.48%
Top 10 Weight
27.38%
Active Share
—
Large Cap
42.28%
Gini
0.288
What Changed2026-03-31 → 2026-04-30
Holdings: 76 → 81+5 added−1 removed28 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Acutaas Chemicals Limited | 0.78% |
| Vedanta Aluminium Metal Limited | 0.29% |
| Vedanta Iron And Steel Limited | 0.29% |
| Talwandi Sabo Power Limited | 0.29% |
| Malco Energy Limited | 0.29% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Hitachi Energy India Limited INE07Y701011 | 4.61% |
| 2 | HDFC Bank Limited INE040A01034 | 3.75% |
| 3 | Reliance Industries Limited INE002A01018 | 3.26% |
| 4 | ICICI Bank Limited INE090A01021 | 3.12% |
| 5 | TD Power Systems Limited INE419M01027 | 2.74% |
| 6 | Multi Commodity Exchange of India Limited INE745G01043 | 2.48% |
| 7 | Net Receivables / (Payables) nan | 2.39% |
| 8 | Bharti Airtel Limited INE397D01024 | 2.08% |
| 9 | Lupin Limited INE326A01037 | 1.89% |
| 10 | Aditya Infotech Limited INE819V01029 | 1.74% |
| 11 | Larsen & Toubro Limited INE018A01030 | 1.71% |
| 12 | State Bank of India INE062A01020 | 1.71% |
| 13 | Marico Limited INE196A01026 | 1.69% |
| 14 | Linde India Limited INE473A01011 | 1.64% |
| 15 | Wockhardt Limited INE049B01025 | 1.56% |
| 16 | ZF Commercial Vehicle Control Systems India Limited INE342J01019 | 1.52% |
| 17 | Titan Company Limited INE280A01028 | 1.46% |
| 18 | NTPC Limited INE733E01010 | 1.43% |
| 19 | Solar Industries India Limited INE343H01029 | 1.42% |
| 20 | One 97 Communications Limited INE982J01020 | 1.40% |
Sector Allocation
Banks15.8%
Electrical Equipment11.9%
Pharmaceuticals & Biotechnology7.7%
Chemicals & Petrochemicals5.5%
Consumer Durables5.0%
Industrial Manufacturing3.8%
IT - Software3.6%
Auto Components3.6%
Petroleum Products3.3%
Automobiles3.2%
Top 10 sectors by % to NAV. Excludes derivatives.