Fundalysisby DARKHORSESTOCKS

Scheme

ITI Large Mid Cap Fund

Holds 88 companies worth ₹671 Cr in Sept 2026.

  • Fund house

    ITIThe fund house that runs this scheme.

  • AUM

    ₹691 CrITI Large Mid Cap Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 5.2% on Aug 2026, ₹729 Cr.

  • Largest holding

    ESDS Software Solution LtdESDS Software Solution Ltd is 4.6% of this scheme's NAV.

  • Fund manager

    Alok RanjanRuns it since 4 Nov 2024, as the fund house dates it. With Nilay Dalal (fund manager).

Overview(8 Oct 2026)

Fund managers2

  1. Alok RanjanFund manager · Nov 2024 · 25y · MBA
  2. Nilay DalalFund manager · May 2026 · 14y · MBA
  1. Rohan KordeSept 2024 – May 2026

Key facts

Benchmark
NIFTY LARGE - MIDCAP 250 Index (TRI)
Risk
Very High
Expense
Regular 2.65% · Direct 1.06%
Exit load
0.50% if redeemed or switched out on or before completion of 3 months from the date of allotment of units. Nil, if redeemed or switched out after completion of 3 months from the date of allotment of units.
Started
11 Sept 2024
Minimum
₹5,000

Source.Its Scheme Summary Document as of 8 Oct 2026 at AMFI.

What changed(13 changes)

Aug 2026

1 change
  1. Expense ratio
    30 AugRegular 2.6% → 2.64%Direct 1.03% → 1.06%

Jul 2026

1 change
  1. Expense ratio
    30 JulRegular 2.67% → 2.6%Direct 1.1% → 1.03%

Jun 2026

1 change
  1. Expense ratio
    29 JunRegular 2.32% → 2.67%Direct 0.74% → 1.1%

Source.Its filings at NSE, since Jul 2025.

Fund managers over time(Sept 2024 – now)

  1. Alok Ranjan
  2. Nilay Dalal
  3. Rohan Korde
MainCoSlice20252026
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.
12 changesRegularDirectΔ pt
30 Aug 20262.64%1.06%0.03
30 Jul 20262.60%1.03%0.07
29 Jun 20262.67%1.10%0.36
30 May 20262.32%0.74%1.68
29 Apr 20263.97%2.42%1.98
30 Mar 20262.24%0.44%0
30 Jan 20262.22%0.44%0.01
30 Dec 20252.17%0.43%0.12
29 Nov 20252.18%0.55%0.02
31 Oct 20252.16%0.57%0.06
31 Aug 20252.18%0.63%0
31 Jul 20252.19%0.63%–
Direct plan, 30 Aug 2026
1.06%
Regular plan 2.64% · Exit load 0.50% if redeemed or switched out on or before completion of 3 months from the date of allotment of units. Nil, if redeemed or switched out after completion of 3 months from the date of allotment of units.
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(8 Oct 2026)

Objective

The investment objective of the Scheme is to seek to generate long term capital appreciation by predominantly investing in equity and equity related securities of large cap & mid cap stocks. 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 equity scheme investing in both large cap and mid cap stocks
Benchmark
NIFTY LARGE - MIDCAP 250 Index (TRI)

Asset allocation it may hold% of NAV

  1. Equity, Units issued by REITs and Equity related instruments of large and mid-cap companie
    Allowed70–100%
  2. Large Cap^ companies
    Allowed35–65%
  3. Mid Cap^ Companies
    Allowed35–65%
  4. Small Cap^ Companies
    Allowed0–30%
  5. Debt and Money Market Instruments
    Allowed0–30%Holds2.9%
  6. Units issued by InvITs
    Allowed0–10%Holds0.0%

Holds in Sept 2026.97.1% equity · 2.9% debt and cash

How to invest(8 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/ Quarterly, 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(8 Oct 2026)

What it is

Category
Large & Mid Cap Fund
Offer
21 Aug 2024 to 4 Sept 2024
Started
11 Sept 2024
Reopened
13 Sept 2024
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
TIM/O/E/LMF/24/06/0019