Skip to content
SmartFigure
ITI Mutual Fund

ITI Large & Mid Cap Fund

ITI Mutual Fund · Direct plan · Growth

1-year returns
4.9%
NAV
₹10.48
▲ 0.91% · 18 Sept 2026
Fund size
₹729 Cr
Expense ratio
1.03%
a year
Minimum SIP
₹500

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹10.13 and has returned 3.2% over a year.

Returns, and where it stands

Against the average large & mid cap fund, and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year4.9%2.3%ahead9 of 33
Every period, and the Regular plan →
PeriodDirectRegular
1 month1.4%1.3%
3 months5.1%4.7%
6 months16.2%15.3%
1 year4.9%3.2%
2 yearsp.a.2%0.3%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Sept 2024.

Plan

NAV history

▲ 4.89% in the last 1Y

8.439.4810.518 Sept 202520 Mar 202618 Sept 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
years
Total invested
₹1,20,000
Gain
₹10,270
XIRR (per year)
8.13%
Value today
₹1,30,270

24 monthly instalments from 20 Sept 2024, valued at the latest NAV. Past returns do not guarantee future returns.

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
17.1% a year
2.2% more than the category average — the bumpier side
Worst fall so far
−20.2%
Dec 2024 to Feb 2025.
Years that made money
69.2%
Of every one-year stretch it has been through.

Fund details

Minimum lumpsum
₹5,000
Minimum top-up
₹1,000
Lock-in
None
Plan started
10 Sept 2024
Portfolio turnover
1.29x
Expense ratio
1.03%
as of 31 Jul 2026

Managed by Alok Ranjan, Nilay Dalal

Direct plan figures, last checked on 20 Sept 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

ITI Large & Mid Cap Fund against other funds in the Large & Mid Cap Fund category
Fund1Y3Y5YExpenseFund size
Invesco India Large & Mid Cap Fund6.46%22.44%17.12%0.55%₹12,387 Cr
Motilal Oswal Large and Midcap Fund7.44%22.23%18.79%0.89%₹20,159 Cr
HSBC Large & Mid Cap Fund9.29%18.06%14.7%1.47%₹5,931 Cr
Bandhan Large & Mid Cap Fund3.44%17.61%16.87%1.23%₹19,777 Cr
Axis Large & Mid Cap Fund4.92%15.2%12.09%0.91%₹17,320 Cr
ICICI Prudential Large & Mid Cap Fund0.34%14.92%15.76%1.16%₹33,592 Cr
ITI Large & Mid Cap Fund4.89%1.03%₹729 Cr

About ITI Large & Mid Cap Fund

ITI Large & Mid Cap Fund is a large & mid cap fund managed by ITI Mutual Fund. Invest at least 35% each in large-cap and mid-cap companies, balancing stability with growth.

The investment objective of the Scheme is to seek to generate long term capital appreciation by 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.

The scheme's stated objective, as published by ITI Mutual Fund.

The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.

Tax on your gains

Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
DirectGrowth Option₹10.475152821
DirectIDCW Option₹10.475152823
RegularGrowth Option₹10.1263152824
RegularIDCW Option₹10.1263152822

Frequently asked questions

What is the NAV of ITI Large & Mid Cap Fund today?

The NAV of ITI Large & Mid Cap Fund (Direct plan, Growth) is ₹10.475 and the Regular plan NAV is ₹10.1263, as of 18 Sept 2026.

What returns has ITI Large & Mid Cap Fund given?

Over the last year the Direct plan returned 4.89%. Past returns do not guarantee future returns.

What is the expense ratio of ITI Large & Mid Cap Fund?

The Direct plan charges 1.03% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.

What is the minimum SIP amount in ITI Large & Mid Cap Fund?

You can start a monthly SIP with ₹500, or invest a lump sum of ₹5,000 or more.

How much has ITI Large & Mid Cap Fund fallen in the past?

Its deepest fall was 20.2% from 11 Dec 2024 to 28 Feb 2025. Of every one-year stretch in its history, 69% ended in a gain.

Which category does ITI Large & Mid Cap Fund belong to?

It is a Large & Mid Cap Fund from ITI Mutual Fund. Invest at least 35% each in large-cap and mid-cap companies, balancing stability with growth.

What is the difference between the Direct and Regular plan?

Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.

How are gains from ITI Large & Mid Cap Fund taxed?

Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.

Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.