Asset Sadhu
Funds/ITI Pharma & Healthcare Fund

ITI Pharma & Healthcare Fund

ITI Mutual Fund·Sectoral / Thematic·vs Nifty 500 TRI

The fund maintains a heavily concentrated pharma-dominated portfolio with nearly 69% in pharmaceuticals and biotech, betting on sector strength through quality domestic players like Sun Pharma and Divi's. The top-10 concentration at 57% signals conviction in large-cap quality names, though this limits diversification benefits. Recent exits of smaller pharma players and increased cash positioning suggest the manager is becoming more selective, favoring established leaders while reducing exposure to niche players that may face pricing or competitive pressures.

Portfolio analysis · April 2026

PlanNAV1M1Y3Y CAGR5Y CAGR
Direct Growth₹18.3158
Regular Growth₹16.7296+8.60%+4.64%+21.52%
Direct IDCW₹18.3137
Regular IDCW₹16.7296
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Holdings
38
Top 5 Weight
37.52%
Top 10 Weight
56.75%
Max Position
12.40%
Conviction Bets
14
Gini
0.436
Large Cap
42.24%
Mid Cap
31.12%
Small Cap
23.52%
Top Sector
Pharmaceuticals & Biotechnology
Sector Count
7
HHI (bps)
46,674
Highly Differentiated
Active Share
88.62%
vs peer portfolio
Weight Overlap
8.23%
with avg peer
Cosine Similarity
0.249
portfolio angle
Peer Count
237
funds in category

Active Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.

Holdings: 4339+0 added4 removed22 weight shifts ≥ 0.1%
StockWeight
No new entries this month
#Holding% to NAV
1
Sun Pharmaceutical Industries Limited
INE044A01036
12.40%
2
Divi's Laboratories Limited
INE361B01024
8.83%
3
Apollo Hospitals Enterprise Limited
INE437A01024
6.25%
4
Max Healthcare Institute Limited
INE027H01010
5.22%
5
Torrent Pharmaceuticals Limited
INE685A01028
4.82%
6
Lupin Limited
INE326A01037
4.44%
7
Aurobindo Pharma Limited
INE406A01037
4.36%
8
Laurus Labs Limited
INE947Q01028
4.24%
9
Net Receivables / (Payables)
nan
3.12%
10
Fortis Healthcare Limited
INE061F01013
3.11%
11
Cohance Lifesciences Limited
INE03QK01018
3.08%
12
Neuland Laboratories Limited
INE794A01010
3.05%
13
Alkem Laboratories Limited
INE540L01014
2.93%
14
Glenmark Pharmaceuticals Limited
INE935A01035
2.69%
15
Aster DM Healthcare Limited
INE914M01019
2.24%
16
Mankind Pharma Limited
INE634S01028
1.91%
17
Sai Life Sciences Limited
INE570L01029
1.84%
18
Dr. Reddy's Laboratories Limited
INE089A01031
1.82%
19
Abbott India Limited
INE358A01014
1.79%
20
Park Medi World Limited
INE119201023
1.67%
Pharmaceuticals & Biotechnology69.0%
Healthcare Services21.0%
nan3.1%
Chemicals & Petrochemicals2.6%
Consumer Durables1.3%
Insurance1.3%
Industrial Manufacturing0.9%
Healthcare Equipment & Supplies0.8%

Top 10 sectors by % to NAV. Excludes derivatives.

How many stocks does ITI Pharma & Healthcare Fund hold?

ITI Pharma & Healthcare Fund holds 38 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 37.52% of NAV.

What is the largest holding in ITI Pharma & Healthcare Fund?

The largest position in ITI Pharma & Healthcare Fund is Sun Pharmaceutical Industries Limited, accounting for 12.40% of NAV in the Pharmaceuticals & Biotechnology sector.

Is ITI Pharma & Healthcare Fund a concentrated or diversified fund?

With a Gini coefficient of 0.436, ITI Pharma & Healthcare Fund is well-diversified. The HHI concentration index is 46,674 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 37.52% of the portfolio.

What is the market cap allocation of ITI Pharma & Healthcare Fund?

Based on SEBI's AMFI classification, ITI Pharma & Healthcare Fund's equity portfolio is split as: Large Cap: 42.24%, Mid Cap: 31.12%, Small Cap: 23.52%. This reflects the fund's positioning within the market cap spectrum.

Which sectors does ITI Pharma & Healthcare Fund invest in most?

ITI Pharma & Healthcare Fund has the highest allocation to Pharmaceuticals & Biotechnology (68.96%), Healthcare Services (21.02%), nan (3.12%). The fund is invested across 7 sectors in total.

How actively managed is ITI Pharma & Healthcare Fund compared to other Sectoral / Thematic funds?

ITI Pharma & Healthcare Fund has an Active Share of 88.62%, classifying it as "Highly Differentiated" among 237 Sectoral / Thematic peers. This means the fund takes significantly different stock positions compared to its category peers.

What changed in ITI Pharma & Healthcare Fund's portfolio in the latest month?

Between 2026-03-31 and 2026-04-30, ITI Pharma & Healthcare Fund exited 4 stocks (including Sumitomo Chemical India Limited). Total holding count decreased from 43 to 39 stocks.