Fundalysisby DARKHORSESTOCKS

Scheme

ITI Flexi Cap Fund

Holds 81 companies worth ₹1,493 Cr in Sept 2026.

  • Fund house

    ITIThe fund house that runs this scheme.

  • AUM

    ₹1,588 CrITI Flexi Cap Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Up 0.0% on Aug 2026, ₹1,588 Cr.

  • Largest holding

    ICICI BankICICI Bank is 4.6% of this scheme's NAV.

  • Fund manager

    Dhimant ShahRuns it since 17 Feb 2023, as the fund house dates it. With Nilay Dalal (fund manager).

Overview(7 Oct 2026)

Fund managers2

  1. Dhimant ShahFund manager · Feb 2023 · 29y · CA B.Com
  2. Nilay DalalFund manager · May 2026 · 14y · MBA
  1. Rajesh BhatiaJun 2024 – Apr 2026
  2. Rohan KordeFeb 2023 – Apr 2026

Key facts

Benchmark
Nifty 500 Total Return Index
Risk
Very High
Expense
Regular 2.31% · Direct 0.88%
Exit load
0.5% within 3 months
Started
17 Feb 2023
Minimum
₹5,000

Source.Its Scheme Summary Document as of 7 Oct 2026 at AMFI.

What changed(15 changes)

Aug 2026

1 change
  1. Expense ratio
    30 AugRegular 2.42% → 2.36%Direct 0.99% → 0.92%

Jul 2026

1 change
  1. Expense ratio
    30 JulDirect 0.97% → 0.99%

Jun 2026

1 change
  1. Expense ratio
    29 JunRegular 2.1% → 2.42%Direct 0.64% → 0.97%

Source.Its filings at NSE, since Jul 2025.

Fund managers over time(Feb 2023 – now)

  1. Dhimant Shah
  2. Nilay Dalal
  3. Rajesh Bhatia
  4. Rohan Korde
MainCoSlice202420252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Jul 2025 – Oct 2026)

Every change to the expense ratio, newest first.
13 changesRegularDirectΔ pt
30 Aug 20262.36%0.92%0.07
30 Jul 20262.42%0.99%0.02
29 Jun 20262.42%0.97%0.33
30 May 20262.10%0.64%0.65
29 Apr 20262.52%1.29%0.93
30 Mar 20262.00%0.36%0
27 Feb 20261.98%0.36%0.01
30 Jan 20261.99%0.37%0.08
30 Dec 20252.02%0.45%0.12
29 Nov 20252.04%0.57%0.02
31 Oct 20252.04%0.59%0.05
30 Sept 20252.06%0.64%0
31 Jul 20252.07%0.64%–
Direct plan, 30 Aug 2026
0.92%
Regular plan 2.36% · Exit load 0.5% within 3 months
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(7 Oct 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.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
An open ended dynamic equity scheme investing across large cap, mid cap, small cap stocks
Benchmark
Nifty 500 Total Return Index

Asset allocation it may hold% of NAV

  1. Equity, Units issued by REITs and Equity Related Instruments across market capitalization
    Allowed65–100%
  2. Listed Preference Shares
    Allowed0–10%Holds94.0%
  3. Debt and Money Market Instruments
    Allowed0–35%Holds6.0%
  4. Units issued by InvITs
    Allowed0–10%Holds0.0%

Holds in Sept 2026.94.0% equity · 6.0% debt and cash

How to invest(7 Oct 2026)

Buying

To start
₹5,000, then in multiples of ₹1
To add
₹1,000, then in multiples of ₹1
Systematic
SIP-Daily/Weekly/Monthly, STP- Daily/Weekly/Monthly/Quartely, SWP- Monthly/ Quarterly
Dates
SIP-Daily (Every Business Day), Weekly (Any Day from Monday to Friday),Monthly (Every Business Day), STP- Daily (Every Business Day), Weekly (Any Day from Monday to Friday),Quarterly (1st or 7th or 14th or 21st or 28th of last month of every quarter), Monthly (1,7,14,21 or 28th of the month), SWP-Monthly and Quarterly (1,7,14,21 or 28th of every month/month of every quarter)
Minimum
SIP-Daily: Rs. 500/-/ Weekly and Monthly:Rs. 500/- or Rs. 1000/-, STP- Rs. 500/-, SWP- Rs. 1000/-, then sIP-1, STP-1, SWP-1
Instalments
SIP-Daily- 30 ; Weekly/Monthly -12 or 6, STP-Daily-30; Weekly /Monthly/Quarterly -2, SWP- Monthly/Quarterly-2
Most
Nil

Selling and switching

To redeem
₹1,000
Switch minimum
₹5,000
Switch multiples
₹1

Scheme details(7 Oct 2026)

What it is

Category
Flexi Cap Fund
Offer
27 Jan 2023 to 10 Feb 2023
Started
17 Feb 2023
Reopened
22 Feb 2023
Plans
Regular Plan- Growth Option · Regular Plan- Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of IDCW option) · Regular Plan- Income Distribution cum Capital Withdrawal (IDCW) Option (with Reinvestment of IDCW option) · Direct Plan- Growth Option · Direct Plan- Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of IDCW option) · Direct Plan- Income Distribution cum Capital Withdrawal (IDCW) Option (with Reinvestment of IDCW option)
Face value
Rs.10/- each
Listed
No

How it is run

Swing pricing
No
Side-pocketing
No
Custodian
Deutsche Bank A.G.
Auditor
S. R. Batliboi & Co. LLP
Registrar
KFin Technologies Limited
SEBI code
ITIM/O/E/FCF/22/12/0017