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 | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹18.2927 | — | — | — | — | — | — |
| Regular Growth | ₹16.5923 | +2.82% | -2.42% | -2.13% | +4.88% | +15.98% | — |
| Direct IDCW | ₹17.3176 | — | — | — | — | — | — |
| Regular IDCW | ₹15.6218 | — | — | — | — | — | — |
Portfolio Metrics(latest month)
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.