ITI Flexi Cap Fund
ITI Mutual Fund · Flexi Cap · Regular plan, growth option
NAV (₹), 1 Oct 2026
19.3276
1-day change
-0.74%
1Y return
9.5%
3Y CAGR
15.8%
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 22 Feb 2023 to 1 Oct 2026
Returns vs Flexi Cap median (46 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -3.7% | -5.6% |
| 3 months | 0.1% | -3.0% |
| 6 months | 18.3% | 9.3% |
| Year to date | 5.3% | -3.5% |
| 1 year | 9.5% | -0.9% |
| 3 years (CAGR) | 15.8% | 9.7% |
| 5 years (CAGR) | n/a | 8.7% |
| 7 years (CAGR) | n/a | 13.3% |
| 10 years (CAGR) | n/a | 12.0% |
| Since first NAV (CAGR) | 20.3% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 9.7% | 10.0% |
| 3Y rolling median | 18.4% | 15.0% |
| 3Y rolling worst | 15.7% | -4.0% |
| 3Y periods positive | 100% | 99% |
| 3Y periods ahead of benchmark | 100% | 41% |
| 5Y rolling median | n/a | 14.6% |
| 5Y rolling worst | n/a | 0.8% |
| 5Y periods ahead of benchmark | n/a | 14% |
Benchmark: Nifty 500 (proxy: Motilal Oswal Nifty 500 Index Fund, price return).
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 17.4% | 15.6% |
| Sharpe ratio | 0.59 | 0.29 |
| Sortino ratio | 0.91 | 0.41 |
| Beta | 1.05 | 0.96 |
| Alpha (ann.) | 6.7% | 1.1% |
| Upside capture | 129.84 | 99.18 |
| Downside capture | 99.41 | 97.41 |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −22.0% | −30.0% |
| Maximum drawdown, last 10Y | n/a | −36.7% |
| Maximum drawdown, last 5Y | n/a | −20.5% |
| Current drawdown | −4.2% | −7.2% |
| Recovery time of worst fall | 473 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 2.31% a year and the Direct plan's 0.88%, a gap of 1.43%; over the last 3 years the Direct plan returned 1.90 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 ₹32,37,877.
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.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 1 Oct 2026: TER reduced from 2.34% to 2.31% (AMFI TER disclosure)
- 17 Sep 2026: TER reduced from 2.35% to 2.34% (AMFI TER disclosure)
- 15 Sep 2026: TER increased from 2.34% to 2.35% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Dhimant Shah | Fund Manager | 17 Feb 2023 |
| Nilay Dalal | Fund Manager | 8 May 2026 |
Objective: The investment objective of the scheme is to generate long-term capital appreciation from a diversified portfolio that dynamically invests in equity and equity-related securities of companies across various market capitalisation. However, there can be no assurance that the investment objective of the scheme would be achieved.
Stated asset allocation: Equity, Units issued by REITs and Equity Related Instruments across market capitalization 65%-100%, Listed Preference Shares 0%-10%, Debt and Money Market Instruments 0%-35%, Units issued by InvITs 0%-10%
Benchmark (tier 1): Nifty 500 Total Return Index
Exit load: 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
Minimum application: ₹5,000
Allotment date: 17 Feb 2023
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 2.31% | 2.19% |
| AUM, whole scheme (₹ crore) | 1,588 | 4,704 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 11.3% | -2.0% TRI |
| Return, 3 years (AMFI) | 16.0% | 9.5% TRI |
Official benchmark: Nifty 500 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Flexi Cap Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Nifty 500 proxy | Difference |
|---|---|---|---|
| 2026 YTD | 5.3% | -7.8% | +13.1% |
| 2025 | 3.1% | 7.7% | −4.6% |
| 2024 | 25.9% | 15.6% | +10.3% |
Benchmark proxy: Motilal Oswal Nifty 500 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.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,27,153 | 11.2% |
| 3 years | ₹3,60,000 | ₹4,16,290 | 9.7% |
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 facts
AMC: ITI Mutual Fund
Category: Flexi Cap
Plan / option: Regular · Growth
AMFI scheme code: 151377
ISIN: INF00XX01CL3
First NAV in MFIC data: 22 Feb 2023
History: 3.6 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| ITI Multi Cap Fund | Multi Cap | 0.98 | 14.2% |
| Aditya Birla Sun Life Multi-Cap Fund | Multi Cap | 0.98 | 12.1% |
| ITI Large & Mid Cap Fund | Large & Mid Cap | 0.97 | n/a |
| Union Multicap Fund | Multi Cap | 0.97 | 12.3% |
| DSP Multi Cap Fund | Multi Cap | 0.97 | n/a |
| HSBC Multi Cap Fund | Multi Cap | 0.97 | 15.5% |
Questions about ITI Flexi Cap Fund
- What is the latest NAV of ITI Flexi Cap Fund?
- The NAV of the Regular plan (growth option) was ₹19.3276 on 1 Oct 2026, as published by AMFI.
- Which category is ITI Flexi Cap Fund in?
- It is classified as Flexi Cap in AMFI's daily NAV file; a Flexi Cap scheme invests at least 65% in equities without fixed limits across company sizes. MFIC compares it with 46 Flexi Cap schemes (Regular plans).
- What returns has ITI Flexi Cap Fund delivered?
- Over one year the NAV changed by 9.5%. The 3-year CAGR is 15.8% (category median 9.7%). 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 18.4%, the lowest was 15.7%, and 100% of 3-year periods ended with a gain. It was ahead of Nifty 500 (index-fund proxy) in 100% of those periods.
- What was the largest fall in ITI Flexi Cap Fund's NAV?
- The largest peak-to-trough fall in its available history was 22.0%.
- How volatile is ITI Flexi Cap Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 17.4%, which is above the Flexi Cap category median of 15.6%.
- What would a monthly SIP in ITI Flexi Cap Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 3 years (36 instalments, ₹3,60,000 invested) would have been worth about ₹4,16,290 on 1 Oct 2026, an annualised return (XIRR) of 9.7%. This uses the Regular 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 Flexi Cap Fund?
- The total expense ratio of the Regular plan is 2.31% a year, as disclosed to AMFI (median of Flexi Cap Regular plans: 2.19%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is ITI Flexi Cap Fund?
- Assets under management of the whole scheme were ₹1,588 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of ITI Flexi 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 Flexi Cap Fund and how has it compared?
- Its official benchmark is the Nifty 500 TRI. Over 3 years AMFI reports a return of 16.0% for this plan against 9.5% for the benchmark total return index. Past performance does not indicate future results.
- Who manages ITI Flexi Cap Fund?
- According to its Scheme Summary Document, ITI Flexi Cap Fund is managed by Dhimant Shah (since 17 Feb 2023), Nilay Dalal (since 8 May 2026).
- What is the exit load of ITI Flexi 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 Flexi 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 11.2% and the Regular plan's by 9.5%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.