ITI Flexi Cap Fund Direct - Growth

Q: What are the returns of this mutual fund scheme?

The ITI Flexi Cap Fund Direct - Growth is a 3 yrs old fund and has delivered average annual returns of 23.21% since inception. ITI Flexi Cap Fund Direct - Growth Returns 1-Year Since Inception 9.81% 23.21%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹18.375-1.46% 1 day change	23.21% p.a.	App exclusive #NA View Ranked Funds	₹1,299 Cr

Historical NAV & returns

NAV: ₹18.375 as on Feb 02, 2026

This fund Category average

ITI Flexi Cap Fund overview

Expense ratio	0.37% as on Feb 02, 2026
Exit load	0.5% Exit load of 0.50%, if redeemed within 3 months.!
AUM (Fund size)	₹1,299 Cr
Lock-in Period	Nil
Age	3 yrs since Jan 27, 2023
Benchmark	NIFTY 500 TRI
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

ITI Flexi Cap Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-5.05%	-7.1%
3 Months	-4.02%	-7.08%
6 Months	-0.46%	-4.04%
1 Year	9.81%	2.91%
2 Years	9.81%	7.38%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 59.89%

Mid Cap 11.79%

Small Cap 27.66%

Other Cap 0%

Top holdings

HDFC Bank Ltd.5.65%

ICICI Bank Ltd.4.6%

Reliance Industries Ltd.4.02%

Bharti Airtel Ltd.2.9%

Top sectors

Financial 25.240000000000006%

Automobile 8.639999999999999%

Capital Goods 8.56%

Metals & Mining 6.869999999999999%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo/CBLO 0.74036739%

Mutual Fund 0.37878796%

Other Holdings

Others 0.74%

ITI Banking and PSU Debt Fund Direct-Growth 0.38%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
ITI Flexi Cap Fund	-5.05%	-0.46%	9.81%	N.A.	N.A.	N.A.
HDFC Flexi Cap Fund	-3.14%	3.58%	12.52%	21.97%	21.54%	18.87%
Parag Parikh Flexi Cap Fund	-2.29%	1.6%	6.59%	20.22%	19.06%	18.93%
JM Flexicap Fund	-5.61%	-3.69%	-3.21%	20.6%	18.26%	18.38%
Edelweiss Flexi Cap Fund	-4.39%	3.25%	10.4%	20.09%	17.7%	17.38%
Franklin India Flexi Cap Fund	-4.59%	-0.76%	5.95%	18.48%	16.72%	15.66%

Fund name	Std. deviation	Beta	Sharpe	Sortino
ITI Flexi Cap Fund	N.A.	N.A.	N.A.	N.A.
HDFC Flexi Cap Fund	10.29	0.78	1.44	2.41
Parag Parikh Flexi Cap Fund	8.29	0.59	1.68	2.59
JM Flexicap Fund	14.8	1.03	0.97	1.35
Edelweiss Flexi Cap Fund	13.05	0.99	1.09	1.44
Franklin India Flexi Cap Fund	12.12	0.92	1.01	1.48

Fund name	ETM Rank	AUM	Fund age	Expense ratio
ITI Flexi Cap Fund	N.A.	1,299 Cr	3 yrs	0.37%
HDFC Flexi Cap Fund	N.A.	96,295 Cr	13 yrs 1 m	0.67%
Parag Parikh Flexi Cap Fund	N.A.	1,33,309 Cr	12 yrs 8 m	0.63%
JM Flexicap Fund	N.A.	5,463 Cr	13 yrs 1 m	0.62%
Edelweiss Flexi Cap Fund	N.A.	3,127 Cr	11 yrs	0.43%
Franklin India Flexi Cap Fund	N.A.	19,972 Cr	13 yrs 1 m	0.92%

View all Flexi Cap funds

Key risk & return ratios Compared to other funds in the category

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

About this fund

About ITI Flexi Cap Fund

ITI Flexi Cap Fund Direct - Growth is a Flexi Cap mutual fund scheme from Iti Mutual Fund. This fund has been in existence for 3 yrs, having been launched on 27/01/2023. ITI Flexi Cap Fund Direct - Growth has ₹1,299 Crores worth of assets under management (AUM) as on 31/12/2025 and is small fund of its category. The latest Net Asset Value (NAV) of ITI Flexi Cap Fund Direct - Growth as of 02/02/2026 is ₹18.38. The fund has an expense ratio of 0.37%, which is less than what most other Flexi Cap funds charge.

ITI Flexi Cap Fund Direct - Growth returns of last 1-year are 8.72%. Since launch, it has delivered 22.81% average annual returns.
The fund has the majority of its money invested in Financial, Automobile, Capital Goods, Metals & Mining, Energy sectors. It has taken less exposure in Financial, Automobile sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd., Bharti Airtel Ltd., Larsen & Toubro Ltd..

...

Fund AUM

1,299 Cr as on Dec 31, 2025

Fund managers

Dhimant Shah

Mr. Shah is a B.Com (H) and Chartered Accountant. Prior to joining ITI Mutual Fund, he has worked with Principal Mutual Fund, HSBC AMC, Reliance Mutual Fund, ASK Raymond James Securities Pvt. Ltd. and IL&FS AMC. Senior Analyst from April 1997 to August 2003.

Rohan Korde

Mr. Korde is a Masters in Management Studies (Finance), Bachelor of Commerce Prior to joining ITI Mutual Fund, he has worked with BOB Capital Markets as Vice President

Investment objective

The scheme seeks 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.

ITI Mutual Fund details

No. of schemes	17 view all schemes
Total AUM	11,167 Cr as on Dec 31, 2025
Address	ITI Asset Mangement Limited, ITI House, Building no. 36, Dr. R. K. Shirodkar Marg, Parel, Mumbai, 400012
Email	mfassist@itiorg.com
Phone	022-66214999

More funds from ITI Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
ITI Small Cap Fund	N.A.	2,793 Cr	3.16%	19.0%
ITI Mid Cap Fund	N.A.	1,329 Cr	11.39%	N.A.
ITI ELSS Tax Saver Fund	N.A.	440 Cr	4.51%	14.77%
ITI Value Fund	N.A.	354 Cr	9.41%	N.A.
ITI Large Cap Fund	N.A.	528 Cr	6.01%	11.84%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of ITI Flexi Cap Fund Direct - Growth?

The current Net Asset Value (NAV) of the ITI Flexi Cap Fund - Direct Growth plan is approximately ₹18.375 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The ITI Flexi Cap Fund Direct - Growth is a 3 yrs old fund and has delivered average annual returns of 23.21% since inception.

ITI Flexi Cap Fund Direct - Growth Returns

1-Year	Since Inception
9.81%	23.21%

How much does this mutual fund charge as expense ratio?

The ITI Flexi Cap Fund - Direct Growth has an expense ratio of 0.37%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The ITI Flexi Cap Fund currently has assets under management (AUM) or fund size valued at approximately 1,299 Cr as on Dec 31, 2025.

What are the top stock holdings of ITI Flexi Cap Fund?

The ITI Flexi Cap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	5.65%
ICICI Bank Ltd.	4.6%
Reliance Industries Ltd.	4.02%
Bharti Airtel Ltd.	2.9%
Larsen & Toubro Ltd.	2.49%
Hindustan Copper Ltd.	2.26%
ITC Ltd.	2.23%
Multi Commodity Exchange Of India Ltd.	2.19%
Vedanta Ltd.	2.08%
State Bank of India	2.08%

What are the top sectors ITI Flexi Cap Fund has invested in?

The ITI Flexi Cap Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	25.240000000000006%
Automobile	8.639999999999999%
Capital Goods	8.56%
Metals & Mining	6.869999999999999%
Energy	6.8%
Consumer Staples	6.529999999999999%
Technology	6.3999999999999995%
Services	6.390000000000001%
Healthcare	5.91%
Construction	4.67%

What is risk level of ITI Flexi Cap Fund?

This is a Flexi Cap fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in ITI Flexi Cap Fund Direct - Growth?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for ITI Flexi Cap Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the ITI Flexi Cap Fund is complete.

How can I redeem my investments in ITI Flexi Cap Fund?

Redeeming your investments in the ITI Flexi Cap Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Flexi Cap

#NA

Return Outperformance: This fund has generated highest return amongst Flexi Cap funds in the last 2 Years.
Expense Ratio: This fund has the lowest expense ratio amongst actively/passively managed Flexi Cap funds.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 0.50%, if redeemed within 3 months.