ITI ELSS Tax Saver Fund Direct - Growth
(Scheme Rating)
NAV as of Jun 12, 2026
27.242.96%
- Growth - Direct
(Earn upto 1.67% Extra Returns with Direct Plan)
Fund Category:
Equity: ELSS
Expense Ratio:
0.73%(1.20% Category
average)Fund Size:
Rs. 427.11 Cr(0.18% of Investment in Category)
ITI ELSS Tax Saver Fund Direct - Growth
(Scheme Rating)
NAV as of Jun 12, 2026
27.242.96%
Expense Ratio:
0.73%
Fund Size:
Rs. 427.11 Cr
Fund Category:
Equity: ELSS
1. Current NAV: The Current Net Asset Value of the ITI ELSS Tax Saver Fund - Direct Plan as of Jun 12, 2026 is Rs 27.24 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: -0.5% (1yr), 18.67% (3yr), 12.7% (5yr) and 16.25% (since launch). Whereas, Category returns for the same time duration are: -2.48% (1yr), 12.7% (3yr) and 11.58% (5yr).
3. Fund Size: The ITI ELSS Tax Saver Fund - Direct Plan currently holds Assets under Management worth of Rs 427.11 crore as on May 31, 2026.
4. Expense ratio: The expense ratio of the fund is 0.73% for Direct plan as on Jun 12, 2026.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 500 and minimum additional investment is Rs 500. Minimum SIP investment is Rs 500.
ITI ELSS Tax Saver Fund Direct - Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 1.87 9.83 -0.25 -0.50 18.67 12.70 Category Avg 1.40 3.45 -4.83 -2.48 12.70 11.58 Rank within Category 14 3 5 17 2 18 No. of funds within Category 39 39 39 39 37 33 - Loading...
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Return Comparison
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ITI ELSS Tax Saver Fund Direct - Growth Fund Details
Investment Objective - The Scheme seeks to provide long-term capital appreciation by investing predominantly in equity and equity related securities.
| Fund House | ITI Mutual Fund |
| Launch Date | Oct 18, 2019 |
| Benchmark | NIFTY 500 Total Return Index |
| Return Since Launch | 16.25% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | High |
| Return Grade | Above Average |
ITI ELSS Tax Saver Fund Direct - Growth Investment Details
| Minimum Investment (Rs.) | 500.00 |
| Minimum Additional Investment (Rs.) | 500.00 |
| Minimum SIP Investment (Rs.) | 500.00 |
| Minimum Withdrawal (Rs.) | 500.00 |
| Exit Load | 0% |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
| MAY 2026 | APR 2026 | MAR 2026 | FEB 2026 | JAN 2026 | DEC 2025 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 71 | 72 | 70 | 71 | 71 | 70 |
| Top 5 Company Holdings | 14.45% | 14.67% | 15.92% | 17.03% | 17.14% | 18.17% |
| Top 10 Company Holdings | 25.69% | 25.5% | 28.38% | 29.09% | 28.71% | 30.92% |
| Company with Highest Exposure | HDFC Bank (3.76%) | HDFC Bank (3.83%) | HDFC Bank (4.28%) | HDFC Bank (4.58%) | HDFC Bank (4.85%) | HDFC Bank (4.86%) |
| Number of Sectors | 14 | 14 | 14 | 14 | 14 | 14 |
| Top 3 Sector Holdings | 57.95% | 58.96% | 55.94% | 58.32% | 57.92% | 56.26% |
| Top 5 Sector Holdings | 72.34% | 72.49% | 70.1% | 72.42% | 72.58% | 72.21% |
| Sector with Highest Exposure | Financial (36.2%) | Financial (36.53%) | Financial (33.95%) | Financial (36.62%) | Financial (37.17%) | Financial (33.75%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) HDFC Bank Financial 3.76 - - -0.07 Axis Bank Financial 2.94 - - 0.09 Cholamandalam Investment and Finance Company Financial 2.77 - - - Bajaj Finance Financial 2.51 - - -0.04 TVS Motor Company Automobile 2.47 - - -0.05 State Bank of India Financial 2.45 - - -0.22 Mahindra & Mahindra Automobile 2.37 - - 0.70 Kei Industries Capital Goods 2.17 - - 0.20 Bharti Airtel Communication 2.14 - - -0.03 Kirloskar Pneumatic Capital Goods 2.11 - - 0.13
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y ITI ELSS Tax Saver Fund Direct - Growth 27.24 427.11 1.87 -0.50 18.67 12.70 HDFC ELSS Tax Saver Fund Direct Plan-Growth 1,446.20 15,366.50 1.60 -3.85 16.01 16.53 Motilal Oswal ELSS Tax Saver Fund Direct-Growth 62.38 4,663.26 0.86 5.97 23.76 18.81 SBI ELSS Tax Saver Fund Direct-Growth 462.20 30,955.01 1.28 -1.76 18.63 16.77 Parag Parikh ELSS Tax Saver Fund Direct - Growth 31.37 5,539.59 0.49 -8.16 12.30 13.89
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
High Volatality
19.96VS16.17Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
High Volatality
1.22VS0.98Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
0.68VS0.57Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Better risk-adjusted returns
11.03VS9.39Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Better risk-adjusted returns
3.71VS1.46Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
19.35VS15.18Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
ITI Mutual Fund News
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Fund Manager
- D.S.Dhimant ShahSince Dec 20227 schemes
- A.R.Alok RanjanSince Nov 20247 schemes
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.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y ITI Flexi Cap Fund Direct - Growth Flexi Cap 19.60 1,314.38 6.19 ITI Mid Cap Fund Direct - Growth Mid Cap 24.45 1,395.37 6.35 ITI Small Cap Fund Direct-Growth Small Cap 34.15 3,034.33 8.38 ITI Multi Cap Fund Direct - Growth Multi Cap 28.33 1,411.77 7.26 ITI Value Fund Direct - Growth Value Oriented 18.31 351.13 2.72 ITI Bharat Consumption Fund Direct-Growth Thematic-Consumption 11.13 Unrated 346.57 1.08 ITI Focused Fund Direct - Growth Flexi Cap 16.83 Unrated 579.50 8.11 Mr. Ranjan has done MBA (Finance), BSc Physics (Honors) Prior to joining ITI Mutual Fund,he was associated with IDBI Asset Management Limited, Shriram Asset Management Ltd. as Fund Manager (Equity), Way2wealth Securities Ltd. as Head of Research and Advisory and First Global Ltd. as Vice President- Research.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y ITI Small Cap Fund Direct-Growth Small Cap 34.15 3,034.33 8.38 ITI Mid Cap Fund Direct - Growth Mid Cap 24.45 1,395.37 6.35 ITI Multi Cap Fund Direct - Growth Multi Cap 28.33 1,411.77 7.26 ITI Large Cap Fund Direct - Growth Large Cap 18.67 361.32 -3.60 ITI Focused Fund Direct - Growth Flexi Cap 16.83 Unrated 579.50 8.11 ITI Business Cycle Fund Direct-Growth Thematic-Business Cycle 10.30 Unrated 107.82 - ITI Large & Mid Cap Fund Direct-Growth Large & MidCap 9.69 Unrated 731.30 -2.34
More ITI Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| ITI Small Cap Fund Direct-Growth | 2,936.51 | -1.32 | 13.31 | 10.15 | 4.65 | 25.14 | |
| ITI Multi Cap Fund Direct - Growth | 1,364.64 | -2.34 | 5.49 | 4.04 | 3.35 | 19.08 | |
| ITI Mid Cap Fund Direct - Growth | 1,358.05 | -3.01 | 3.85 | 3.34 | 3.29 | 23.32 | |
| ITI Flexi Cap Fund Direct - Growth | 1,290.33 | -0.60 | 4.94 | 2.73 | 2.88 | 19.45 | |
| ITI Large & Mid Cap Fund Direct-Growth | 735.57 | -3.62 | 4.20 | -0.57 | -5.60 | - | |
| ITI Focused Fund Direct - Growth | 561.17 | -2.29 | 3.55 | 3.73 | 5.44 | - | |
| ITI ELSS Tax Saver Fund Direct - Growth | 434.10 | -4.67 | 5.67 | -0.72 | -4.72 | 17.92 | |
| ITI Large Cap Fund Direct - Growth | 369.62 | -4.06 | -1.95 | -6.60 | -6.93 | 11.14 | |
| ITI Banking and Financial Services Fund Direct - Growth | 362.26 | -3.39 | -2.70 | -4.33 | 1.03 | 12.62 | |
| ITI Value Fund Direct - Growth | 352.62 | -4.57 | 0.51 | -1.60 | -0.33 | 16.05 |
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1. ITI ELSS Tax Saver Fund - Direct Plan is Open-ended ELSS Equity scheme which belongs to ITI Mutual Fund House.
2. The fund was launched on Oct 18, 2019.
Investment objective & Benchmark
1. The investment objective of the fund is that " The Scheme seeks to provide long-term capital appreciation by investing predominantly in equity and equity related securities. "
2. It is benchmarked against NIFTY 500 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 96.68% in equities, 0.0% in debts and 3.32% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 25.69% of the assets, the top 3 sectors constitute around 57.95% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on ITI ELSS Tax Saver Fund Direct - Growth
1. Short-term Capital Gain Tax - STCG is not applicable on ELSS schemes since these have a lock-in period of 3 years.
2. Investment into ELSS schemes qualify for tax deduction under Section 80C of the Indian Income Tax Act.
3. Gains of more than Rs. 1 lakh after completion of 3 years will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about ITI ELSS Tax Saver Fund Direct - Growth
- Is it safe to invest in ITI ELSS Tax Saver Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the ITI ELSS Tax Saver Fund - Direct Plan comes under Very High risk category.
- What is the category of ITI ELSS Tax Saver Fund - Direct Plan?ITI ELSS Tax Saver Fund - Direct Plan belongs to the Equity : ELSS category of funds.
- How Long should I Invest in ITI ELSS Tax Saver Fund - Direct Plan?The suggested investment horizon of investing into ITI ELSS Tax Saver Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the ITI ELSS Tax Saver Fund - Direct Plan?The ITI ELSS Tax Saver Fund - Direct Plan is managed by Dhimant Shah (Since Dec 01, 2022) and Alok Ranjan (Since Nov 04, 2024).
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