ITI Value Fund
ITI Value Fund is heavily tilted toward financial services, which comprises nearly 30 percent of the portfolio alongside selective exposure to industrials and infrastructure plays like L&T. The manager's conviction in this positioning appears moderate, given the 3.9 percent cash buffer and recent rotations that brought in renewable energy and specialty finance names while trimming state-backed financials like PFC and IDBI Bank. This suggests a subtle shift toward growth-oriented value opportunities within the financial sector rather than a broader strategy reset.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹18.4061 | — | — | — | — |
| Regular Growth | ₹16.6944 | +1.12% | +3.49% | +16.12% | — |
| Direct IDCW | ₹17.4250 | — | — | — | — |
| Regular IDCW | ₹15.7180 | — | — | — | — |
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 |
|---|---|
| Indian Renewable Energy Development Agency Limited | 1.17% |
| Transformers And Rectifiers (India) Limited | 1.08% |
| Kalpataru Projects International Limited | 1.00% |
| Vardhman Textiles Limited | 1.00% |
| Wockhardt Limited | 0.97% |
| Billionbrains Garage Ventures Ltd | 0.97% |
| DCM Shriram Limited | 0.92% |
| Five Star Business Finance Limited | 0.82% |
| Engineers India Limited | 0.82% |
| Adani Ports and Special Economic Zone Limited | 0.80% |
| Shipping Corporation Of India Limited | 0.78% |
| Power Grid Corporation of India Limited | 0.75% |
| Bajaj Holdings & Investment Limited | 0.60% |
| Canara Bank | 0.59% |
| Titagarh Rail Systems Limited | 0.51% |
| Tata Capital Limited | 0.49% |
| Vedanta Iron And Steel Limited | 0.17% |
| Vedanta Aluminium Metal Limited | 0.17% |
| Talwandi Sabo Power Limited | 0.17% |
| Malco Energy Limited | 0.17% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Reliance Industries Limited INE002A01018 | 4.37% |
| 2 | HDFC Bank Limited INE040A01034 | 4.17% |
| 3 | Net Receivables / (Payables) nan | 3.86% |
| 4 | Larsen & Toubro Limited INE018A01030 | 3.05% |
| 5 | Bharti Airtel Limited INE397D01024 | 2.94% |
| 6 | State Bank of India INE062A01020 | 2.33% |
| 7 | Axis Bank Limited INE238A01034 | 2.23% |
| 8 | NTPC Limited INE733E01010 | 2.22% |
| 9 | Shriram Finance Limited INE721A01047 | 2.14% |
| 10 | Ather Energy Limited INE0LEZ01016 | 2.12% |
| 11 | Bharat Heavy Electricals Limited INE257A01026 | 1.78% |
| 12 | KSB Limited INE999A01023 | 1.66% |
| 13 | Ujjivan Small Finance Bank Limited INE551W01018 | 1.65% |
| 14 | Craftsman Automation Limited INE00LO01017 | 1.53% |
| 15 | Tata Motors Passenger Vehicles Limited INE155A01022 | 1.49% |
| 16 | Voltamp Transformers Limited INE540H01012 | 1.49% |
| 17 | Equitas Small Finance Bank Limited INE063P01018 | 1.48% |
| 18 | Samvardhana Motherson International Limited INE775A01035 | 1.48% |
| 19 | RBL Bank Limited INE976G01028 | 1.42% |
| 20 | VA Tech Wabag Limited INE956G01038 | 1.41% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does ITI Value Fund hold?
ITI Value Fund holds 77 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 16.86% of NAV.
What is the largest holding in ITI Value Fund?
The largest position in ITI Value Fund is Reliance Industries Limited, accounting for 4.37% of NAV in the Petroleum Products sector.
Is ITI Value Fund a concentrated or diversified fund?
With a Gini coefficient of 0.274, ITI Value Fund is well-diversified. The HHI concentration index is 16,048 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 16.86% of the portfolio.
What is the market cap allocation of ITI Value Fund?
Based on SEBI's AMFI classification, ITI Value Fund's equity portfolio is split as: Large Cap: 43.07%, Mid Cap: 13.63%, Small Cap: 38.76%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does ITI Value Fund invest in most?
ITI Value Fund has the highest allocation to Banks (19.37%), Finance (10.60%), Petroleum Products (5.38%). The fund is invested across 31 sectors in total.
How actively managed is ITI Value Fund compared to other Value Fund funds?
ITI Value Fund has an Active Share of 66.10%, classifying it as "Active Stock Picker" among 19 Value Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in ITI Value Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, ITI Value Fund added 20 new stocks (including Indian Renewable Energy Development Agency Limited) and exited 14 stocks (including Container Corporation of India Limited). Total holding count increased from 72 to 78 stocks.