ITI Flexi Cap Fund
ITI Mutual Fund · Flexi Cap · Direct plan, growth option
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -3.6% | -5.5% |
| 3 months | 0.5% | -2.7% |
| 6 months | 19.1% | 9.8% |
| Year to date | 6.5% | -2.7% |
| 1 year | 11.2% | 0.2% |
| 3 years (CAGR) | 17.7% | 11.0% |
| 5 years (CAGR) | n/a | 10.1% |
| 7 years (CAGR) | n/a | 14.6% |
| 10 years (CAGR) | n/a | 13.0% |
| Since first NAV (CAGR) | 22.4% | – |
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 11.5% | 11.7% |
| 3Y rolling median | 20.4% | 16.7% |
| 3Y rolling worst | 17.6% | 0.2% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | 100% | 83% |
| 5Y rolling median | n/a | 15.8% |
| 5Y rolling worst | n/a | 1.9% |
| 5Y periods ahead of benchmark | n/a | 77% |
Benchmark: Nifty 500 (proxy: Motilal Oswal Nifty 500 Index Fund, price return).
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 17.4% | 15.6% |
| Sharpe ratio | 0.70 | 0.35 |
| Sortino ratio | 1.09 | 0.52 |
| Beta | 1.05 | 0.96 |
| Alpha (ann.) | 8.6% | 2.3% |
| Upside capture | 135.51 | 101.88 |
| Downside capture | 96.89 | 95.74 |
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −21.4% | −29.9% |
| Maximum drawdown, last 10Y | n/a | −36.7% |
| Maximum drawdown, last 5Y | n/a | −20.0% |
| Current drawdown | −4.1% | −6.7% |
| Recovery time of worst fall | 469 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 21.6: higher than 1% of days since 2023 (median 24.2)
- 1Y −3.9% · 3Y +8.9% p.a. · 5Y +8.6% p.a. (index fund NAV, after costs)
- −9.3% 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 2.31% 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.
- 1 Oct 2026: TER reduced from 0.91% to 0.88% (AMFI TER disclosure)
| Fund manager | Role | Managing since |
|---|---|---|
| Dhimant Shah | Fund Manager | 17 Feb 2023 |
| Nilay Dalal | Fund Manager | 8 May 2026 |
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 0.88% | 0.91% |
| 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.
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 13.0% | -2.0% TRI |
| Return, 3 years (AMFI) | 17.9% | 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 Direct plans; how it is calculated.
| Year | Scheme | Nifty 500 proxy | Difference |
|---|---|---|---|
| 2026 YTD | 6.5% | -7.8% | +14.2% |
| 2025 | 4.7% | 7.7% | −3.0% |
| 2024 | 28.1% | 15.6% | +12.5% |
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.
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,28,192 | 12.9% |
| 3 years | ₹3,60,000 | ₹4,27,015 | 11.4% |
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 |
|---|---|---|---|
| ITI Multi Cap Fund | Multi Cap | 0.98 | 16.1% |
| Aditya Birla Sun Life Multi-Cap Fund | Multi Cap | 0.98 | 13.3% |
| ITI Large & Mid Cap Fund | Large & Mid Cap | 0.97 | n/a |
| Union Multicap Fund | Multi Cap | 0.97 | 13.7% |
| DSP Multi Cap Fund | Multi Cap | 0.97 | n/a |
| HSBC Multi Cap Fund | Multi Cap | 0.97 | 17.0% |
- What is the latest NAV of ITI Flexi Cap Fund?
- The NAV of the Direct plan (growth option) was ₹20.5475 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 (Direct plans).
- What returns has ITI Flexi Cap Fund delivered?
- Over one year the NAV changed by 11.2%. The 3-year CAGR is 17.7% (category median 11.0%). 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 20.4%, the lowest was 17.6%, 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 21.4%.
- 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 ₹4,27,015 on 1 Oct 2026, an annualised return (XIRR) of 11.4%. 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 Flexi Cap Fund?
- The total expense ratio of the Direct plan is 0.88% a year, as disclosed to AMFI (median of Flexi Cap Direct plans: 0.91%). 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 17.9% 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.
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