MonitorDirect · GrowthWatch before adding
ITI Large & Mid Cap Fund
ITI Mutual FundEquity Scheme - Large & Mid Cap Fund2.1 years
The scheme seek to generate long term capital appreciation by investing in equity and equity related securities of large cap & mid cap stocks.
- NAV
- 9.8042
- 29 Oct 2026
- 1Y
- -3.1%
- Trailing CAGR
- AUM
- ₹690.61 Cr
- 30 Sept 2026
- Volatility
- High
- 17.1% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Risk-adjusted return (Sharpe) is negative over the available daily history.
Prefer peers if · Prefer DSP Large & Mid Cap Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Fail
2.1 years - thin for judging consistency.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
1.06% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -20.2%. Ask whether you can hold through a similar fall.
Vs category
n/a
Category relative read still thin.
Manager tenure
Watch
Nilay Dalal · 0.5 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 22.1% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 20%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-3.1%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- SI-1.3%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+2.0%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- Since inception
- -1.3%
- Calendar-day CAGR
- Excess 1Y
- +0.6%
- Category median, same plan and option
- 3Y win rate
- n/a
- Windows beating the median
- 3Y percentile
- n/a
- Vs comparable share classes
- SIP 3Y XIRR
- n/a
- Simulated monthly SIP
- Worst rolling 3Y
- n/a
- 0 daily-ending windows
- Median rolling 3Y
- n/a
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -20.2%
- Worst peak-to-trough
- Current
- -7.7%
- Below last peak
- Current spell
- 36 days
- Days below latest peak
- Time below peak
- +96%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 62 days
- 9 recovered episodes
- Longest recovery
- 521 days
- Trough to prior peak
11 Dec 2024 – 3 Aug 2026
Trough 28 Feb 2025 · recovered in 521 days
-20.2%
23 Sept 2026 – open
Trough 23 Oct 2026 · not recovered
-11.0%
24 Sept 2024 – 6 Dec 2024
Trough 18 Nov 2024 · recovered in 18 days
-8.1%
10 Sept 2026 – 23 Sept 2026
Trough 16 Sept 2026 · recovered in 7 days
-2.2%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
15
Vs category
54
Consistency
17
Risk-adjusted
8
Drawdown
50
Mean
29
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Risk-adjusted return (Sharpe) is negative over the available daily history.
Supporting reads
No supporting reads in the current evidence set.
Portfolio
30 Sept 2026 · 90 holdings · top 10 are 22.1%.
- Top 5
- 12.9%
- Top 10
- 22.1%
- Largest holding
- 4.6%
- Effective holdings
- 72.6
ESDS Software Solution Ltd.
Technology
4.6%
ICICI Bank Ltd
Financial
2.3%
Indusind Bank Ltd
Financial
2.1%
Divi's Laboratories Ltd
Healthcare
2.0%
LG Electronics India Ltd.
Consumer Discretionary
2.0%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
DSP Large & Mid Cap Fund
DSP Mutual Fund
- 1Y
- -7.4%
- 3Y
- +12.9%
- Vol
- 15.9%
- Max DD
- -36.8%
- Sharpe
- 0.62
- 3Y win
- +74%
- Lower volatility
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown
Edelweiss Large & Mid Cap Fund
Edelweiss Mutual Fund
- 1Y
- -3.0%
- 3Y
- +13.6%
- Vol
- 15.7%
- Max DD
- -34.9%
- Sharpe
- 0.67
- 3Y win
- +88%
- Lower volatility
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown
Navi Large & Midcap Fund
Navi Mutual Fund
- 1Y
- -3.3%
- 3Y
- +9.8%
- Vol
- 15.6%
- Max DD
- -38.4%
- Sharpe
- 0.56
- 3Y win
- +53%
- Lower volatility
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown
PGIM India Large and Midcap Fund
PGIM India Mutual Fund
- 1Y
- -5.0%
- 3Y
- n/a
- Vol
- 14.0%
- Max DD
- -15.5%
- Sharpe
- 0.23
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
SBI LARGE & MIDCAP FUND
SBI Mutual Fund
- 1Y
- -5.4%
- 3Y
- +12.0%
- Vol
- 15.0%
- Max DD
- -36.4%
- Sharpe
- 0.67
- 3Y win
- +72%
- Lower volatility
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown