ITI Small Cap Fund
ITI Small Cap Fund maintains a balanced but quality-focused approach, anchored in pharmaceuticals, banking, and industrial cyclicals—positioning for sustained growth in defensive healthcare and capex-driven sectors. The recent additions of Bandhan Bank, shipping, and power stocks suggest the manager is tactically building exposure to economic recovery plays while pruning slower performers. With top-10 holdings at just 24% and 86 total positions, the fund avoids excessive concentration, though the pharmacy overweight and nascent shift toward infrastructure names indicate conviction in both structural demand and cyclical recovery themes.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹33.3628 | — | — | — | — |
| Regular Growth | ₹29.7014 | +6.45% | +8.28% | +25.37% | +17.36% |
| Direct IDCW | ₹31.6275 | — | — | — | — |
| Regular IDCW | ₹28.0035 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Highly DifferentiatedActive 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 |
|---|---|
| Bandhan Bank Limited | 1.10% |
| Shipping Corporation Of India Limited | 0.91% |
| Talwandi Sabo Power Limited | 0.26% |
| Vedanta Aluminium Metal Limited | 0.26% |
| Malco Energy Limited | 0.26% |
| Vedanta Iron And Steel Limited | 0.26% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Multi Commodity Exchange of India Limited INE745G01043 | 3.80% |
| 2 | Acutaas Chemicals Limited INE00FF01025 | 3.76% |
| 3 | Karur Vysya Bank Limited INE036D01028 | 2.39% |
| 4 | Net Receivables / (Payables) nan | 2.22% |
| 5 | Kirloskar Oil Engines Limited INE146L01010 | 2.07% |
| 6 | Welspun Corp Limited INE191B01025 | 2.02% |
| 7 | ZF Commercial Vehicle Control Systems India Limited INE342J01019 | 1.98% |
| 8 | VA Tech Wabag Limited INE956G01038 | 1.94% |
| 9 | Radico Khaitan Limited INE944F01028 | 1.88% |
| 10 | Aster DM Healthcare Limited INE914M01019 | 1.79% |
| 11 | Laurus Labs Limited INE947Q01028 | 1.79% |
| 12 | Wockhardt Limited INE049B01025 | 1.69% |
| 13 | Shaily Engineering Plastics Limited INE151G01028 | 1.63% |
| 14 | Apar Industries Limited INE372A01015 | 1.56% |
| 15 | Quality Power Electrical Eqp Ltd INE0SII01026 | 1.54% |
| 16 | BSE Limited INE118H01025 | 1.53% |
| 17 | KSB Limited INE999A01023 | 1.53% |
| 18 | Sona BLW Precision Forgings Limited INE073K01018 | 1.49% |
| 19 | Solar Industries India Limited INE343H01029 | 1.47% |
| 20 | Navin Fluorine International Limited INE048G01026 | 1.47% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does ITI Small Cap Fund hold?
ITI Small Cap Fund holds 85 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 14.04% of NAV.
What is the largest holding in ITI Small Cap Fund?
The largest position in ITI Small Cap Fund is Multi Commodity Exchange of India Limited, accounting for 3.80% of NAV in the Capital Markets sector.
Is ITI Small Cap Fund a concentrated or diversified fund?
With a Gini coefficient of 0.267, ITI Small Cap Fund is well-diversified. The HHI concentration index is 14,453 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 14.04% of the portfolio.
What is the market cap allocation of ITI Small Cap Fund?
Based on SEBI's AMFI classification, ITI Small Cap Fund's equity portfolio is split as: Large Cap: 5.75%, Mid Cap: 18.52%, Small Cap: 67.71%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does ITI Small Cap Fund invest in most?
ITI Small Cap Fund has the highest allocation to Pharmaceuticals & Biotechnology (11.38%), Banks (10.01%), Industrial Products (8.78%). The fund is invested across 32 sectors in total.
How actively managed is ITI Small Cap Fund compared to other Small Cap Fund funds?
ITI Small Cap Fund has an Active Share of 72.10%, classifying it as "Highly Differentiated" among 31 Small Cap Fund peers. This means the fund takes significantly different stock positions compared to its category peers.
What changed in ITI Small Cap Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, ITI Small Cap Fund added 6 new stocks (including Bandhan Bank Limited) and exited 2 stocks (including Central Depository Services (India) Limited). Total holding count increased from 82 to 86 stocks.