Small Cap · Equity

ITI Small Cap Fund

ITI Asset Management Limited

Benchmark

Nifty Smallcap 250 TRI

Riskometer

Very High

Size

₹3,710 cr

Allotted

Not on record

Holdings as of

30 Sep 2026

ITI Small Cap Fund is a small cap fund of ITI Asset Management Limited with ₹3,710 cr under management. It is ahead of its benchmark (Nifty Smallcap 250 TRI) in 3 of 3 periods. Its direct plan charges 0.84% a year.

Has ITI Small Cap Fund beaten its benchmark?

Ahead of its benchmark, Nifty Smallcap 250 TRI, in 3 of 3 periods in AMFI's figures; +18.48% over the last year against +5.12%.

Period returns

Direct Plan, growth · 3y and longer a year

Period	Fund	Nifty Smallcap 250 TRI	Ahead
1 month	−4.03%	−2.73%	—
3 months	+1.51%	−1.21%	—
6 months	+21.00%	+11.53%	—
1 year	+19.12%	+6.04%	+13.08 pts
3 years	+22.53%	+13.53%	+9.00 pts
5 years	+17.08%	+13.22%	+3.86 pts
10 years	—	+14.34%	—
Since start from 19 Feb 2020	+22.01%	—	—

Valarth price history to 14 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 13 Oct 2026

Ahead of its benchmark (Nifty Smallcap 250 TRI) in 3 of 3 periods.

Period	Direct	Regular	Benchmark	Ahead	Rank
1y	+18.48%	+16.79%	+5.12%	+13.36	🔒
3y	+22.65%	+20.77%	+13.51%	+9.14	🔒
5y	+17.26%	+15.27%	+13.33%	+3.93	🔒
10y	—	—	—	—	—

Ahead in points a year · its rank among Small Cap funds, and how steady the lead is, in the app

Value of 100, month-end

Feb 2020 to 14 Oct 2026

Fund 394Nifty Smallcap 250 TRI 389

₹100 put in at the start of Feb 2020 would be ₹394 on 14 Oct 2026, against ₹389 in the Nifty Smallcap 250 TRI.

Risk, falls and every year

🔒 Pro

Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

See them in the app →

What does ITI Small Cap Fund cost?

0.84% a year on the direct plan, 2.20% on the regular plan; 15 of 36 funds in its category charge less.

Direct plan

0.84% a year

Category median 0.90%

Regular plan

2.20% a year

Category median 2.05%

Gap

1.36 points

for the same holdings

15 of 36 funds in its category charge less on the direct plan.

Expense report, Oct 2026 · Equity Scheme - Small Cap Fund

What the regular plan costs you over time

🔒 Pro

The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages ITI Small Cap Fund?

Dhimant Shah, since None; Alok Ranjan, since None.

Dhimant Shah

None years

since None

Alok Ranjan

None years

since None

Benchmark as filedNifty Smallcap 250 Total Return Index

Exit load

If redeemed/Switched out on or before 3 Months from the date of allotment; Exit Load is 0.50% Exit Load after completion of 3 months - NIL

From 6 Scheme Summary Documents filed with NSE, first on 29 Apr 2026; as on 29 Sep 2026

What does ITI Small Cap Fund hold?

88 holdings as of 30 Sep 2026; the ten largest are 21.8% of the fund, the largest Acutaas Chemicals Limited at 3.5%.

Mix

Holdings as of 30 Sep 2026

Equity94.7%Debt0.0%Cash5.0%Other0.2%

Holdings

84 shares

Top ten

21.8%

of the fund

Effective holdings

68.4

spread, as if equal-weighted

Matched to our table

100%

of the equity

Five largest

% of fund

Acutaas Chemicals Limited3.55%

Welspun Corp Limited2.89%

Laurus Labs Limited2.36%

VA Tech Wabag Limited1.98%

Karur Vysya Bank Limited1.93%

Five largest industries

% of fund

Pharmaceuticals & Biotechnology12.8%

Industrial Products10.4%

Auto Components9.00%

Banks8.20%

Electrical Equipment7.80%

By company size

% of equity · SEBI size lists

Large Cap8.0%Mid Cap21.6%Small Cap70.3%

How does ITI Small Cap Fund score against its category?

Seven scores against funds of its kind, and the warning signs it trips.

Scorecard

🔒 Pro

Seven scores, each out of 5, against funds in its category, with the reasons, and the warning signs it trips: in the app.

Open scorecard in the app →

Are the companies inside any good?

The holdings by valuation, forensic risk, business quality and balance sheet, weighted by their share of the fund.

The companies inside

🔒 Pro

The holdings weighted by their share of the fund: P/E and ROE, forensic risk levels, Valarth's valuation view, quality, moats, balance sheets and who owns them: in the app.

How is ITI Small Cap Fund run?

Turnover, what it bought and sold, its cash and its record in new listings, from its monthly holdings files.

How it is run

🔒 Pro

Turnover, what it bought and sold and when, how long it holds, size drift, cash and its record in new listings, from up to two years of monthly holdings files: in the app.

Which funds hold much the same?

The index it is nearest and the funds whose holdings overlap most.

not an index tracker

Nearest to the Nifty Smallcap 250: 74% of it differs from the index (an active fund is usually above 60%).

Active share 73.6%60%

Funds that hold much the same

% of holdings in common

UNION SMALL CAP FUND41.4% the same

40 shared holdings

HSBC Small Cap Fund35.5% the same

33 shared holdings

UNION MULTICAP FUND35.1% the same

31 shared holdings

How much is in its sponsor's own group?

Holdings in companies of the fund house's sponsor group, beside the index.

Related-party exposure

🔒 Pro

How much of the fund is in companies of its sponsor's own group, beside what the index holds of them: in the app.

Questions people ask

Who manages ITI Small Cap Fund?

Dhimant Shah (manager) since None; Alok Ranjan (manager) since None.

What is the expense ratio of ITI Small Cap Fund?

0.84% a year on the direct plan and 2.20% on the regular plan (expense report, Oct 2026).

How has ITI Small Cap Fund done?

Its direct plan returned +22.65% a year over 3 years against +13.51% for its benchmark, Nifty Smallcap 250 TRI, as of 13 Oct 2026.