ITI Bharat Consumption Fund
ITI Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI
The fund is heavily tilted toward domestic consumption and discretionary spending, with automobiles and allied sectors commanding over 26 percent of the portfolio. This concentration reflects strong conviction in rural demand recovery and middle-class consumption revival, though the top five holdings at 25 percent suggests limited diversification. The manager's recent exit from pharma and jewellery in favor of core consumption plays signals a tactical shift toward sectors benefiting from improved purchasing power rather than defensive positioning.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Regular Growth | ₹10.7367 | +1.77% | -3.79% | -7.37% | -1.39% | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
52
Top 5 Weight
25.33%
Top 10 Weight
40.42%
Active Share
—
Large Cap
75.78%
Gini
0.327
What Changed2026-03-31 → 2026-04-30
Holdings: 61 → 53+1 added−9 removed30 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Welspun Corp Limited | 0.50% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Bharti Airtel Limited INE397D01024 | 7.12% |
| 2 | ITC Limited INE154A01025 | 4.69% |
| 3 | Maruti Suzuki India Limited INE585B01010 | 4.57% |
| 4 | Titan Company Limited INE280A01028 | 4.53% |
| 5 | Mahindra & Mahindra Limited INE101A01026 | 4.42% |
| 6 | Eternal Limited INE758T01015 | 3.64% |
| 7 | Hindustan Unilever Limited INE030A01027 | 3.16% |
| 8 | Nestle India Limited INE239A01024 | 3.07% |
| 9 | TVS Motor Company Limited INE494B01023 | 2.61% |
| 10 | Adani Power Limited INE814H01029 | 2.61% |
| 11 | Apollo Hospitals Enterprise Limited INE437A01024 | 2.51% |
| 12 | Tata Power Company Limited INE245A01021 | 2.32% |
| 13 | Bajaj Auto Limited INE917I01010 | 2.21% |
| 14 | InterGlobe Aviation Limited INE646L01027 | 2.18% |
| 15 | Ather Energy Limited INE0LEZ01016 | 2.18% |
| 16 | Varun Beverages Limited INE200M01039 | 2.14% |
| 17 | Eicher Motors Limited INE066A01021 | 1.98% |
| 18 | Max Healthcare Institute Limited INE027H01010 | 1.91% |
| 19 | Trent Limited INE849A01020 | 1.86% |
| 20 | Britannia Industries Limited INE216A01030 | 1.78% |
Sector Allocation
Automobiles21.0%
Consumer Durables11.1%
Retailing9.8%
Telecom - Services8.1%
Diversified FMCG7.8%
Food Products5.8%
Healthcare Services5.6%
Auto Components5.2%
Power4.9%
Beverages4.7%
Top 10 sectors by % to NAV. Excludes derivatives.