ITI Flexi Cap Fund performance review analysis for January
ITI Flexi Cap Fund performance review analysis for January: This detailed review of ITI Flexi Cap Fund evaluates its recent performance, comparing it to the Nifty index, and analyzes key metrics such as Sharpe Ratio and sectoral allocation. The fund's strategy, top holdings, and recent portfolio moves are explored to provide insights for existing and potential investors.
ITI Flexi Cap Fund Direct Growth performance review analysis for January: ITI Flexi Cap Fund Direct Growth, managed by the seasoned fund managers Dhimant Shah,Rohan Korde, remains a prominent player in the Flexi Cap. ITI Flexi Cap Fund boasts an impressive AUM of ₹1287.64 crore. Under the guidance of Dhimant Shah,Rohan Korde, the fund adheres to its objective of 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. This detailed review of ITI Flexi Cap Fund evaluates its recent performance, comparing it to the NIFTY 500 index, and analyzes key metrics such as sharpe ratio and sectoral allocation. The fund's strategy, top holdings, and recent portfolio moves are explored to provide insights for existing and potential investors.
Performance Analysis:
Over the past week, ITI Flexi Cap Fund returned -5.65%, showing a negative delta of -4.14% with respect to NIFTY 500. The one-month performance shows a negative trend, with the fund delivering -9.64% against the NIFTY 500’s -7.02%.
The performance over the longer durations is mentioned below:
| Period | Mutual Fund Returns | NIFTY 500 Performance | Performance Difference |
|---|---|---|---|
| 6 Months | -5.10% | -6.43% | 1.33% |
| 1 Year | 17.72% | 9.51% | 8.21% |
| 3 Years | 0.00% | 37.58% | -37.58% |
| 5 Years | 0.00% | 114.76% | -114.76% |
Top Holdings of the Fund
Below is the list of top holdings in the fund:
| Holding Name | Percentage of Portfolio |
|---|---|
| HDFC Bank | 4.05% |
| Reliance Industries | 3.31% |
| ICICI Bank | 3.11% |
| ITC | 2.75% |
| Bharti Airtel | 2.21% |
Sector Allocation of the Fund
| Sector Name | Weightage (%) |
|---|---|
| Regional Banks | 11.65% |
| Construction Services | 8.07% |
| Electronic Instr. & Controls | 6.17% |
| Software & Programming | 5.62% |
| Oil & Gas Operations | 4.32% |
| Tobacco | 4.18% |
| Biotechnology & Drugs | 3.73% |
| Iron & Steel | 3.01% |
| Misc. Capital Goods | 2.73% |
| Misc. Fabricated Products | 2.35% |
| Consumer Financial Services | 2.25% |
| Communications Services | 2.21% |
| Water Utilities | 2.08% |
| Chemical Manufacturing | 1.98% |
| Construction - Raw Materials | 1.83% |
| Auto & Truck Parts | 1.67% |
| Investment Services | 1.65% |
| Electric Utilities | 1.61% |
| Computer Services | 1.55% |
| Audio & Video Equipment | 1.45% |
| Auto & Truck Manufacturers | 1.42% |
| Metal Mining | 1.36% |
| Hotels & Motels | 1.3% |
| Fabricated Plastic & Rubber | 1.21% |
| Textiles - Non Apparel | 1.01% |
| Constr. - Supplies & Fixtures | 0.95% |
| Insurance (Accident & Health) | 0.94% |
| Personal Services | 0.93% |
| Recreational Products | 0.93% |
| Food Processing | 0.91% |
| Oil & Gas - Integrated | 0.91% |
| Aerospace & Defense | 0.9% |
| Misc. Financial Services | 0.86% |
| Airline | 0.71% |
Risk Measurement
Understanding the risk associated with the fund is crucial for investors. The Sharpe Ratio, which measures risk-adjusted returns, is a key indicator of how well the fund compensates investors for the risk taken. Over the past year, the fund's Sharpe Ratio stands at 1.75, while the three-year and five-year ratios are 0.00 and 0.00, respectively. Sharpe ratio values above 1 are considered good, whereas values below 1 are considered bad.
In terms of volatility, the standard deviation over the same periods— 10.71% for one year, 0.00% for three years, and 0.00% for five years. Higher standard deviations indicate greater volatility, while lower ones suggest more stable returns.
Recent Portfolio Activity
In the last month, the fund acquired new positions in the following stocks:
| Stock Name | Holding (%) | No of shares | Holding Value (in Cr) |
|---|---|---|---|
| Pg Electroplast | 1.21% | 159811 | 15.68 |
| Godrej Properties | 1.00% | 46539 | 12.97 |
| Ntpc Green Energy | 0.95% | 970284 | 12.35 |
The fund has increased its position in the following stocks:
| Stock Name | No of shares (Before purchase) | No of shares (After purchase) | Holding Value (in Cr) |
|---|---|---|---|
| Dixon Technologies (India) | 11412.0 | 10482.0 | 18.81 |
| Vedanta | 498887.0 | 394700.0 | 17.55 |
| Polycab India | 24653.0 | 21124.0 | 15.37 |
| Senco Gold | 146623.0 | 137734.0 | 14.78 |
| PTC Industries | 10886.0 | 10677.0 | 14.37 |
| Mankind Pharma | 52086.0 | 47126.0 | 13.58 |
| Finolex Cables | 126279.0 | 113760.0 | 13.45 |
| Gulf Oil Lubricants India | 118326.0 | 107591.0 | 13.09 |
| Kirloskar Oil Engines | 134193.0 | 127143.0 | 13.06 |
| Techno Electric & Engineering | 84112.0 | 79693.0 | 12.52 |
| Linde India | 23664.0 | 20271.0 | 12.16 |
| Jindal Stainless | 186994.0 | 170857.0 | 11.95 |
| BHARAT BIJLEE | 34449.0 | 31450.0 | 11.80 |
| Bharat Petroleum Corporation | 416766.0 | 400809.0 | 11.73 |
| Syrma SGS Technology | 221448.0 | 188952.0 | 11.16 |
| Jupiter Wagons | 196207.0 | 161449.0 | 8.09 |
| Sundram Fasteners | 76474.0 | 70489.0 | 7.47 |
The fund has reduced its holding in the following stocks:
| Stock Name | No of shares (Before reduction) | No of shares (After reduction) | Holding Value (in Cr) |
|---|---|---|---|
| Va Tech Wabag | 171058.0 | 163390.0 | 26.85 |
| Oracle Financial Services Softwa | 20709.0 | 19018.0 | 24.33 |
| Godfrey Phillips India | 40111.0 | 35535.0 | 18.58 |
| Kirloskar Pneumatic Company | 105709.0 | 93279.0 | 14.34 |
| Piramal Enterprises | 104021.0 | 99661.0 | 11.01 |
| Sterling & Wilson Renewable Energy | 220134.0 | 194283.0 | 8.92 |
Disclaimer: This is an AI-generated live story and has not been edited by LiveMint staff.
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