Scheme

ITI Value Fund

Holds 71 companies worth ₹330 Cr in Sept 2026.

Fund house
ITIThe fund house that runs this scheme.
AUM
₹346 CrITI Value Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 5.0% on Aug 2026, ₹364 Cr.
Largest holding
HDFC BankHDFC Bank is 4.9% of this scheme's NAV.
Fund manager
Dhimant ShahRuns it since 1 Dec 2022, as the fund house dates it. With Nilay Dalal (fund manager).

Overview^{(7 Oct 2026)}

Fund managers2

Dhimant ShahFund manager · Dec 2022 · 29y · CA B.Com
Nilay DalalFund manager · May 2026 · 14y · MBA

Rajesh BhatiaJun 2024 – Apr 2026
Rohan KordeJun 2021 – Apr 2026

Key facts

Benchmark: Nifty 500 Total Return Index
Risk: Very High
Expense: Regular 3.04% · Direct 1.34%
Exit load: 0.5% within 3 months
Started: 14 Jun 2021
Minimum: ₹5,000

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

What changed^{(9 changes)}

Aug 2026

1 change

Expense ratio
30 AugRegular 3.24% → 3.2%Direct 1.55% → 1.51%

Jul 2026

1 change

Expense ratio
30 JulRegular 3.18% → 3.24%Direct 1.49% → 1.55%

Jun 2026

1 change

Expense ratio
29 JunRegular 2.4% → 3.18%Direct 0.7% → 1.49%

Source.Its filings at NSE, since Jul 2025.

Fund managers over time^{(Jun 2021 – now)}

MainCoSlice20222023202420252026

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.
7 changes	Regular	Direct	Δ pt
30 Aug 2026	3.20%	1.51%	0.04
30 Jul 2026	3.24%	1.55%	0.06
29 Jun 2026	3.18%	1.49%	0.79
30 May 2026	2.40%	0.70%	0
29 Apr 2026	2.41%	0.70%	3.57
30 Mar 2026	5.98%	4.27%	3.70
31 Jul 2025	2.37%	0.57%	–

Direct plan, 30 Aug 2026

1.51%

Regular plan 3.20% · 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 seek to generate long term capital appreciation by investing substantially in a portfolio of equity and equity related instruments by following value investing strategy. 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 following a value investment strategy
Benchmark: Nifty 500 Total Return Index

Asset allocation it may hold% of NAV

Equity, Units Issued by REITs & Equity related instruments including derivatives
Allowed65–100%
Preference Shares
Allowed0–10%Holds95.6%
Debt and Money Market Instruments
Allowed0–35%Holds4.4%
Units issued by InvITs
Allowed0–10%Holds0.0%

Holds in Sept 2026.95.6% equity · 4.4% 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/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^{(7 Oct 2026)}

What it is

Category: Value Fund
Offer: 25 May 2021 to 8 Jun 2021
Started: 14 Jun 2021
Reopened: 17 Jun 2021
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/VAF/21/02/0012