February 13, 2025
mayank
ITI Bharat Consumption Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @sahifund.com
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the ITI Bharat Consumption Fund Open Date, Close Date?
NFO opens on February 06, 2025
NFO will close on February 20, 2025
Investment Strategy for this NFO?
The scheme seeks to generate long-term capital appreciation by investing primarily in Equity and Equity related securities of companies engaged in consumption and consumption related activities or allied sectors.
Basic Details
| Fund House | ITI Mutual Fund |
| Issue Open | 06 February 2025 |
| Issue Close | 20 February 2025 |
| Type | Open-ended |
| Category | Equity: Thematic-Consumption |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 0.5% for redemption within 3 months |
| Riskometer | Very High |
| Benchmark | NIFTY India Consumption TRI |
About Benchmark Index for this NFO?
The Nifty India Consumption Index is designed to reflect the behaviour and performance of a diversified portfolio of companies representing the domestic consumption sector which includes sectors like Consumer Non-durables, Healthcare, Auto, Telecom Services, Pharmaceuticals, Hotels, Media & Entertainment, etc. The Nifty India Consumption Index comprises of 30 companies listed on the National Stock Exchange (NSE).
At the time of rebalancing of shares/ change in index constituents/ change in investible weight factors (IWFs), the weightage of the index constituent (where applicable) is capped at 10%. Nifty India Consumption Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variant: Nifty India Consumption Total Returns Index.
Portfolio Characteristics
| Methodology | Periodic Capped Free Float MCap |
| No. of Constituents | 30 |
| Launch Date | July 12, 2011 |
| Base Date | January 02, 2006 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi-Annually |
Fund Managers of ITI Bharat Consumption Fund
1) Dhimant Shah
Education: Mr. Shah is a B.Com (H) and Chartered Accountant.
Experience: 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.
2) Rohan Korde
Education: Mr. Korde is a Masters in Management Studies (Finance), Bachelor of Commerce
Experience: Prior to joining ITI Mutual Fund, he has worked with BOB Capital Markets as Vice President
AMC
ITI Asset Management Ltd.
Address: ITI Asset Mangement Limited, ITI House, Building no. 36, Dr. R. K. Shirodkar Marg, Parel, Mumbai – 400012
Website: http://www.itiamc.com
Registrar & Transfer Agent
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: https://mfs.kfintech.com/mfs/
Review for ITI Bharat Consumption Fund @ sahifund.com by Paresh Gordhandas, C.A., Research Analyst
[ A ] Benchmark Performance of NIFTY India Consumption TRI
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | -11.31 | 18.63 | 18.63 | 18.05 | 13.64 |
| Total Return | -11.22 | 19.77 | 19.77 | 19.35 | 14.99 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 13.02 | 16.78 | 19.00 |
| Beta (NIFTY 50) | 0.76 | 0.76 | 0.80 |
| Correlation (NIFTY 50) | 0.81 | 0.86 | 0.90 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 46.77 | 9.02 | 0.94 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| ITC Ltd. | 10.13 |
| Bharti Airtel Ltd. | 9.92 |
| Mahindra & Mahindra Ltd. | 8.42 |
| Hindustan Unilever Ltd. | 6.53 |
| Zomato Ltd. | 6.10 |
| Trent Ltd. | 5.00 |
| Maruti Suzuki India Ltd. | 4.52 |
| Titan Company Ltd. | 4.26 |
| Asian Paints Ltd. | 3.26 |
| Bajaj Auto Ltd. | 3.09 |
Note on Benchmark Performance:
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Dhimant Shah
| Fund | ITI Multi Cap Fund | It’s Benchmark | ITI Small Cap Fund | It’s Benchmark |
| 1 Year | 9.52 | 11.65 | 19.81 | 12.16 |
| 3 Year | 17.00 | 16.11 | 21.67 | 18.30 |
| 5 Year | 13.79 | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 22-1-2025
Past Performance of Rohan Korde
| Fund | ITI Value Fund | It’s Benchmark | ITI Pharma and Healthcare Fund | It’s Benchmark |
| 1 Year | 8.34 | 9.86 | 27.28 | 30.94 |
| 3 Year | 17.46 | 13.21 | 18.15 | 21.11 |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 22-1-2025
Note on Fund Managers’ performance
[ C ] Conclusion
X
Is it good to invest in ITI Bharat Consumption Fund NFO?
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