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Value · Equity

ITI Value Fund

ITI Asset Management Limited
Benchmark
Nifty 500 TRI
Riskometer
Very High
Size
₹343 cr
Allotted
Not on record
Holdings as of
30 Sep 2026

ITI Value Fund is a value fund of ITI Asset Management Limited with ₹343 cr under management. It is ahead of its benchmark (Nifty 500 TRI) in 3 of 3 periods. Its direct plan charges 1.34% a year. Nilay Dalal has managed it for 0.4 years.

Has ITI Value Fund beaten its benchmark?

Ahead of its benchmark, Nifty 500 TRI, in 3 of 3 periods in AMFI's figures; −0.60% over the last year against −4.30%.

Period returns

Direct Plan, growth · 3y and longer a year
PeriodFundNifty 500 TRIAhead
1 month−5.14% −3.60% —
3 months−4.55% −5.03% —
6 months−0.39% −1.83% —
1 year−0.14% −4.06% +3.92 pts
3 years+10.98% +9.27% +1.71 pts
5 years+10.04% +8.00% +2.04 pts
10 years— +12.69% —
Since start
from 17 Jun 2021
+11.65%——
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 500 TRI) in 3 of 3 periods.
PeriodDirectRegularBenchmarkAheadRank
1y −0.60%−2.32%−4.30% +3.70 🔒
3y +11.02%+9.02%+9.33% +1.69 🔒
5y +10.13%+8.02%+8.24% +1.89 🔒
10y ——— — —
Ahead in points a year · its rank among Value funds, and how steady the lead is, in the app

Value of 100, month-end

Jun 2021 to 14 Oct 2026
50100150200 20232025
Fund 180Nifty 500 TRI 173

₹100 put in at the start of Jun 2021 would be ₹180 on 14 Oct 2026, against ₹173 in the Nifty 500 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 Value Fund cost?

1.34% a year on the direct plan, 3.04% on the regular plan; 14 of 24 funds in its category charge less.

Direct plan
1.34% a year
Category median 1.23%
Regular plan
3.04% a year
Category median 2.29%
Gap
1.70 points
for the same holdings
14 of 24 funds in its category charge less on the direct plan.
Expense report, Oct 2026 · Equity Scheme - Value 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 Value Fund?

Nilay Dalal, since 8 May 2026; Dhimant Shah, since 8 May 2026.

Nilay Dalal
0.4 years
since 8 May 2026
Dhimant Shah
0.4 years
since 8 May 2026
Benchmark as filedNifty 500 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 Value Fund hold?

73 holdings as of 30 Sep 2026; the ten largest are 25.2% of the fund, the largest HDFC Bank Limited at 4.9%.

Mix

Holdings as of 30 Sep 2026
Equity95.6%Debt0.0%Cash4.4%Other0.0%
Holdings
73
71 shares
Top ten
25.2%
of the fund
Effective holdings
57.0
spread, as if equal-weighted
Matched to our table
100%
of the equity

Five largest

% of fund
HDFC Bank Limited4.90%
Reliance Industries Limited3.31%
ITC Limited2.27%
Manipal Payment and Identity Solutions Ltd2.23%
Bharat Heavy Electricals Limited2.21%

Five largest industries

% of fund
Banks23.1%
Finance13.3%
Healthcare Services6.40%
Chemicals & Petrochemicals6.10%
Pharmaceuticals & Biotechnology5.40%

By company size

% of equity · SEBI size lists
Large Cap44.3%Mid Cap10.9%Small Cap44.8%

How does ITI Value 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 Value 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 500: 69% of it differs from the index (an active fund is usually above 60%).
Active share 68.9%60%

Funds that hold much the same

% of holdings in common
ITI Balanced Advantage Fund49.1% the same
36 shared holdings
ITI Business Cycle Fund47.0% the same
35 shared holdings
Axis Value Fund39.1% the same
32 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 Value Fund?

Nilay Dalal (manager) since 8 May 2026; Dhimant Shah (manager) since 8 May 2026.

What is the expense ratio of ITI Value Fund?

1.34% a year on the direct plan and 3.04% on the regular plan (expense report, Oct 2026).

How has ITI Value Fund done?

Its direct plan returned +11.02% a year over 3 years against +9.33% for its benchmark, Nifty 500 TRI, as of 13 Oct 2026.

Inside the app

See ITI Value Fund beside your own funds in Valarth

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ITI Value Fund in the app: beside your own funds, with what you own through them

See the full analysis in the app →See pricing
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