MonitorDirect · GrowthWatch before adding
ITI Value Fund
ITI Mutual FundEquity Scheme - Value Fund5.4 years
The scheme seeks to generate long term capital appreciation by investing substantially in a portfolio of equity and equity related instruments by following value investing strategy.
- NAV
- 17.4497
- 29 Oct 2026
- 1Y
- -6.4%
- Trailing CAGR
- Upside capture
- +104%
- Vs NIFTY 500 TRI
- Downside capture
- +102%
- Lower is better
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 · The fund beat the category median in 69% of rolling 3-year windows.
Prefer peers if · Prefer ICICI Prudential Value Fund (erstwhile Value Discovery Fund) if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
5.4 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
1.34% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -22.7%. Ask whether you can hold through a similar fall.
Vs category
Pass
69% of rolling 3Y windows beat the category median, same plan and option.
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 ≈ 26.0% 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 23%. 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-6.4%
- 3Y+11.3%
- 5Y+10.6%
- 10Yn/a
- SI+10.9%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-8.9%
- 3Y+0.7%
- 5Y+9.7%
- 10Yn/a
- Since inception
- +10.9%
- Calendar-day CAGR
- Excess 1Y
- +0.5%
- Category median, same plan and option
- 3Y win rate
- +69%
- Windows beating the median
- 3Y percentile
- 46
- Vs comparable share classes
- SIP 3Y XIRR
- +0.7%
- Simulated monthly SIP
- Worst rolling 3Y
- +10.2%
- 586 daily-ending windows
- Median rolling 3Y
- +20.0%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 93 daily-ending windows
Official benchmark
Date-aligned against NIFTY 500 TRI. Capture ratios use common month-end observations through 30 Oct 2026.
- 1Y excess
- +1.2%
- Fund minus TRI
- 3Y excess
- +0.9%
- Fund minus TRI
- Upside capture
- +104%
- Benchmark-up months
- Downside capture
- +102%
- Lower is better
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -22.7%
- Worst peak-to-trough
- Current
- -9.4%
- Below last peak
- Current spell
- 762 days
- Days below latest peak
- Time below peak
- +89%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 14 days
- 46 recovered episodes
- Longest recovery
- 339 days
- Trough to prior peak
18 Oct 2021 – 25 May 2023
Trough 20 Jun 2022 · recovered in 339 days
-22.7%
27 Sept 2024 – open
Trough 3 Mar 2025 · not recovered
-21.4%
3 Jun 2024 – 13 Jun 2024
Trough 4 Jun 2024 · recovered in 9 days
-9.2%
5 Mar 2024 – 1 Apr 2024
Trough 13 Mar 2024 · recovered in 19 days
-7.3%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
46
Vs category
53
Consistency
66
Risk-adjusted
44
Drawdown
43
Mean
50
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
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Supporting reads
- The fund beat the category median in 69% of rolling 3-year windows.
Portfolio
30 Sept 2026 · 73 holdings · top 10 are 26.0%.
- Top 5
- 15.4%
- Top 10
- 26.0%
- Largest holding
- 4.9%
- Effective holdings
- 58.7
HDFC Bank Ltd
Financial
4.9%
Reliance Industries Ltd
Energy & Utilities
3.3%
Net Receivables
Unspecified
2.7%
ITC Ltd
Consumer Staples
2.3%
Manipal Payment and Identity Solutions Ltd.
Industrials
2.2%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
29 Oct 2026
DECISION
Status moved from HEALTHY to MONITOR.
27 Oct 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
ICICI Prudential Value Fund (erstwhile Value Discovery Fund)
ICICI Prudential Mutual Fund
- 1Y
- -10.4%
- 3Y
- +11.6%
- Vol
- 14.2%
- Max DD
- -36.7%
- Sharpe
- 0.76
- 3Y win
- +72%
- Lower volatility
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Deeper drawdown
DSP Value Fund
DSP Mutual Fund
- 1Y
- +0.3%
- 3Y
- +16.3%
- Vol
- 10.7%
- Max DD
- -16.5%
- Sharpe
- 0.98
- 3Y win
- +40%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
Caveat: Higher TER
Nippon India Value Fund
Nippon India Mutual Fund
- 1Y
- -11.5%
- 3Y
- +12.1%
- Vol
- 16.7%
- Max DD
- -38.6%
- Sharpe
- 0.57
- 3Y win
- +80%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Quant Value Fund
quant Mutual Fund
- 1Y
- +4.6%
- 3Y
- +19.7%
- Vol
- 19.5%
- Max DD
- -24.0%
- Sharpe
- 0.65
- 3Y win
- +99%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Tata Value Fund
Tata Mutual Fund
- 1Y
- -6.5%
- 3Y
- +11.8%
- Vol
- 16.3%
- Max DD
- -37.9%
- Sharpe
- 0.63
- 3Y win
- +71%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown