ITI Mid Cap Fund
ITI Mutual Fund · Mid Cap · Direct plan, growth option
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -6.5% | -6.3% |
| 3 months | -3.2% | -3.3% |
| 6 months | 12.4% | 11.6% |
| Year to date | 0.2% | 1.6% |
| 1 year | 7.1% | 4.6% |
| 3 years (CAGR) | 18.1% | 15.3% |
| 5 years (CAGR) | 15.1% | 14.3% |
| 7 years (CAGR) | n/a | 21.0% |
| 10 years (CAGR) | n/a | 15.8% |
| Since first NAV (CAGR) | 17.5% | – |
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 11.1% | 15.5% |
| 3Y rolling median | 25.2% | 21.4% |
| 3Y rolling worst | 18.1% | -3.9% |
| 3Y periods positive | 100% | 99% |
| 3Y periods ahead of benchmark | 85% | 34% |
| 5Y rolling median | 17.5% | 18.6% |
| 5Y rolling worst | 15.1% | 0.8% |
| 5Y periods ahead of benchmark | 18% | 23% |
Benchmark: Nifty Midcap 150 (proxy: Motilal Oswal Nifty Midcap 150 Index Fund, price return).
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 19.4% | 18.1% |
| Sharpe ratio | 0.66 | 0.57 |
| Sortino ratio | 1.02 | 0.88 |
| Beta | 1.03 | 0.95 |
| Alpha (ann.) | 4.4% | 2.6% |
| Upside capture | 108.64 | 99.19 |
| Downside capture | 92.28 | 92.19 |
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −22.7% | −32.8% |
| Maximum drawdown, last 10Y | n/a | −36.2% |
| Maximum drawdown, last 5Y | −22.7% | −21.2% |
| Current drawdown | −7.6% | −7.5% |
| Recovery time of worst fall | 351 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
This scheme invests mainly in the market below, which is also close to how many of them are benchmarked. Where that market stands today:
- P/E 28.1: higher than 5% of days since 2024 (median 34.1)
- 1Y +2.5% · 3Y +13.0% p.a. · 5Y +14.3% p.a. (index fund NAV, after costs)
- −8.1% from its 52-week high
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
The Regular plan's expense ratio is 2.43% a year and the Direct plan's 0.91%, a gap of 1.52%; over the last 3 years the Direct plan returned 1.98 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹34,09,137.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
| Fund manager | Role | Managing since |
|---|---|---|
| Alok Ranjan | Fund Manager | 8 May 2026 |
| Dhimant Shah | Fund Manager | 1 Oct 2022 |
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 0.91% | 0.94% |
| AUM, whole scheme (₹ crore) | 1,453 | 7,540 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 9.6% | 4.6% TRI |
| Return, 3 years (AMFI) | 18.5% | 13.7% TRI |
| Return, 5 years (AMFI) | 15.4% | 14.8% TRI |
| Month-ends above category median (3Y CAGR) | 97% | 44% median |
| Month-ends in category top quartile (3Y) | 52% | 27% median |
Official benchmark: Nifty Midcap 150 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Mid Cap Direct plans; how it is calculated.
| Year | Scheme | Nifty Midcap 150 proxy | Difference |
|---|---|---|---|
| 2026 YTD | 0.2% | -2.5% | +2.6% |
| 2025 | 6.6% | 5.8% | +0.8% |
| 2024 | 32.4% | 24.2% | +8.2% |
| 2023 | 43.9% | 44.3% | −0.4% |
| 2022 | 4.0% | 3.6% | +0.4% |
Benchmark proxy: Motilal Oswal Nifty Midcap 150 Index Fund (Direct plan NAV, price return), which carries its own costs. The first year starts from the first 31 December in the scheme's history.
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,21,760 | 2.7% |
| 3 years | ₹3,60,000 | ₹4,09,037 | 8.5% |
| 5 years | ₹6,00,000 | ₹9,03,450 | 16.4% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Bandhan Business Cycle Fund | Sectoral/Thematic | 0.97 | n/a |
| LIC MF Dividend Yield Fund | Dividend Yield | 0.97 | 17.5% |
| ITI Multi Cap Fund | Multi Cap | 0.97 | 16.1% |
| PGIM India Multi Cap Fund | Multi Cap | 0.97 | n/a |
| Union Business Cycle Fund | Sectoral/Thematic | 0.97 | n/a |
| Baroda BNP Paribas Dividend Yield Fund | Dividend Yield | 0.97 | n/a |
- What is the latest NAV of ITI Mid Cap Fund?
- The NAV of the Direct plan (growth option) was ₹24.4832 on 1 Oct 2026, as published by AMFI.
- Which category is ITI Mid Cap Fund in?
- It is classified as Mid Cap in AMFI's daily NAV file; a Mid Cap scheme invests at least 65% in mid-cap stocks. MFIC compares it with 33 Mid Cap schemes (Direct plans).
- What returns has ITI Mid Cap Fund delivered?
- Over one year the NAV changed by 7.1%. The 3-year CAGR is 18.1% (category median 15.3%) and the 5-year CAGR is 15.1% (category median 14.3%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 25.2%, the lowest was 18.1%, and 100% of 3-year periods ended with a gain. It was ahead of Nifty Midcap 150 (index-fund proxy) in 85% of those periods.
- What was the largest fall in ITI Mid Cap Fund's NAV?
- The largest peak-to-trough fall in its available history was 22.7%; within the last five years it was 22.7% (category median 21.2%).
- How volatile is ITI Mid Cap Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 19.4%, which is above the Mid Cap category median of 18.1%.
- What would a monthly SIP in ITI Mid Cap Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹9,03,450 on 1 Oct 2026, an annualised return (XIRR) of 16.4%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of ITI Mid Cap Fund?
- The total expense ratio of the Direct plan is 0.91% a year, as disclosed to AMFI (median of Mid Cap Direct plans: 0.94%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is ITI Mid Cap Fund?
- Assets under management of the whole scheme were ₹1,453 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of ITI Mid Cap Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of ITI Mid Cap Fund and how has it compared?
- Its official benchmark is the Nifty Midcap 150 TRI. Over 3 years AMFI reports a return of 18.5% for this plan against 13.7% for the benchmark total return index; over 5 years 15.4% against 14.8%. Past performance does not indicate future results.
- How often has ITI Mid Cap Fund beaten its category?
- At 97% of the 31 month-ends compared over the last 10 years, its 3-year return was above the median of Mid Cap schemes (Direct plans); it was in the top quarter at 52% of them. A typical scheme would show about 50%.
- Who manages ITI Mid Cap Fund?
- According to its Scheme Summary Document, ITI Mid Cap Fund is managed by Alok Ranjan (since 8 May 2026), Dhimant Shah (since 1 Oct 2022).
- What is the exit load of ITI Mid Cap Fund?
- As stated in its scheme documents: If redeemed/Switched out on or before 3 Months from the date of allotment; Exit Load is 0.50% Exit Load after completion of 3 months - NIL Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in ITI Mid Cap Fund?
- The minimum application amount is ₹5,000. SIP details: SIP-Daily: Rs. 500/-/ Weekly and Monthly:Rs. 500/- or Rs. 1000/-, STP- Rs. 500/-, SWP- Rs. 1000/-.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 7.1% and the Regular plan's by 5.4%. The Regular plan includes the services of a distributor.
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