Iti Long Term Equity Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 7
BMSMONEY Rating
Gro. Opt. As On: 26-07-2024
NAV ₹24.64(R) +1.52% ₹27.16(D) +1.53%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 54.68% 20.22% -% -% -%
LumpSum (D) 57.5% 22.59% -% -% -%
SIP (R) 59.11% 34.02% -% -% -%
SIP (D) 62.03% 36.4% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.88 0.53 0.7 1.91% 0.13
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
13.06% -11.9% -17.82% 0.86 8.44%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
SBI Long Term Equity Fund 1
HDFC Taxsaver 2
Quant Tax Plan 3
Motilal Oswal Long Term Equity Fund (Moflte) 4
Bank Of India Tax Advantage Fund 5
JM Tax Gain Fund 6
ITI Long Term Equity Fund 7
Franklin India Taxshield 8

NAV Date: 26-07-2024

Scheme Name NAV Rupee Change Percent Change
ITI Long Term Equity Fund - Regular Plan - IDCW Option 22.61
0.3400
1.5200%
ITI Long Term Equity Fund - Regular Plan - Growth Option 24.64
0.3700
1.5200%
ITI Long Term Equity Fund - Direct Plan - IDCW Option 25.04
0.3800
1.5300%
ITI Long Term Equity Fund - Direct Plan - Growth Option 27.16
0.4100
1.5300%

Review Date: 26-07-2024

ITI Long Term Equity Fund has exhibited very good performance in the ELSS (Tax Saving) Fund category. The fund has rank of 7 out of 35 funds in the category. The fund has delivered return of 54.68% in 1 year and 20.22% in 3 years. The category average for the same periods is 39.91% and 20.18% respectively, which shows poor return performance of fund in the category. The fund has exhibited standard deviation of 13.06, VaR of -11.9, Average Drawdown of -9.27, Semi Deviation of 8.44 and Max Drawdown of -17.82. The category average for the same parameters is 12.71, -14.08, -5.57, 9.01 and -12.33 respectively. The fund has average risk in the category.
  • standard deviation of 13.06 and based on VaR one can expect to lose more than -11.9% of current value of fund in one year.
  • Sharpe ratio of the fund is 0.88 which shows average performance of fund in the elss (tax saving) fund category.
  • The fund has R-square of 0.75, Beta of 0.86 and Jensen's Alpha of 1.91% which exhibit good performance in the elss (tax saving) fund category .


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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 2.06
    3.56
    		1.50 | 6.29 33 | 35 Poor
    3M Return % 11.34
    11.56
    		8.82 | 16.41 18 | 35 Good
    6M Return % 22.00
    20.14
    		15.39 | 27.68 9 | 35 Very Good
    1Y Return % 54.68
    39.91
    		24.44 | 56.46 3 | 35 Very Good
    3Y Return % 20.22
    20.18
    		11.54 | 28.89 15 | 33 Good
    1Y SIP Return % 59.11
    48.01
    		33.64 | 64.79 5 | 35 Very Good
    3Y SIP Return % 34.02
    28.05
    		20.20 | 39.75 6 | 33 Very Good
    Standard Deviation 13.06
    12.71
    		9.99 | 16.36 25 | 33 Average
    Semi Deviation 8.44
    9.01
    		7.16 | 11.67 10 | 33 Good
    Max Drawdown % -17.82
    -12.33
    		-22.81 | -6.28 32 | 33 Poor
    VaR 1 Y % -11.90
    -14.08
    		-20.17 | -11.38 4 | 33 Very Good
    Average Drawdown % -9.27
    -5.57
    		-11.96 | -2.58 32 | 33 Poor
    Sharpe Ratio 0.88
    0.95
    		0.28 | 1.59 20 | 33 Average
    Sterling Ratio 0.70
    0.93
    		0.36 | 1.67 28 | 33 Poor
    Sortino Ratio 0.53
    0.51
    		0.17 | 0.91 13 | 33 Good
    Jensen Alpha % 1.91
    2.63
    		-8.40 | 13.97 18 | 33 Good
    Treynor Ratio 0.13
    0.14
    		0.04 | 0.23 15 | 33 Good
    Modigliani Square Measure % 19.75
    20.91
    		10.22 | 30.40 21 | 33 Average
    Alpha % -0.84
    0.58
    		-7.65 | 12.32 20 | 33 Average
    Return data last Updated On : July 26, 2024.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : April 30, 2024
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 2.22 3.65 1.60 | 6.34 33 | 35
    3M Return % 11.83 11.86 9.08 | 16.66 17 | 35
    6M Return % 23.09 20.78 16.31 | 28.51 8 | 35
    1Y Return % 57.50 41.42 26.33 | 58.34 2 | 35
    3Y Return % 22.59 21.54 12.42 | 29.75 11 | 33
    1Y SIP Return % 62.03 49.61 35.65 | 65.93 4 | 35
    3Y SIP Return % 36.40 29.41 21.08 | 40.65 4 | 33
    Standard Deviation 13.06 12.71 9.99 | 16.36 25 | 33
    Semi Deviation 8.44 9.01 7.16 | 11.67 10 | 33
    Max Drawdown % -17.82 -12.33 -22.81 | -6.28 32 | 33
    VaR 1 Y % -11.90 -14.08 -20.17 | -11.38 4 | 33
    Average Drawdown % -9.27 -5.57 -11.96 | -2.58 32 | 33
    Sharpe Ratio 0.88 0.95 0.28 | 1.59 20 | 33
    Sterling Ratio 0.70 0.93 0.36 | 1.67 28 | 33
    Sortino Ratio 0.53 0.51 0.17 | 0.91 13 | 33
    Jensen Alpha % 1.91 2.63 -8.40 | 13.97 18 | 33
    Treynor Ratio 0.13 0.14 0.04 | 0.23 15 | 33
    Modigliani Square Measure % 19.75 20.91 10.22 | 30.40 21 | 33
    Alpha % -0.84 0.58 -7.65 | 12.32 20 | 33
    Return data last Updated On : July 26, 2024.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : April 30, 2024
    KPIs: Key Performance Indicators

    Investment Period Regular Direct
    Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
    1D 1.52 ₹ 10,152.00 1.53 ₹ 10,153.00
    1W 1.53 ₹ 10,153.00 1.55 ₹ 10,155.00
    1M 2.06 ₹ 10,206.00 2.22 ₹ 10,222.00
    3M 11.34 ₹ 11,134.00 11.83 ₹ 11,183.00
    6M 22.00 ₹ 12,200.00 23.09 ₹ 12,309.00
    1Y 54.68 ₹ 15,468.00 57.50 ₹ 15,750.00
    3Y 20.22 ₹ 17,376.00 22.59 ₹ 18,424.00
    5Y ₹ ₹
    7Y ₹ ₹
    10Y ₹ ₹
    15Y ₹ ₹

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

    Investment Period Invested Amount Regular Direct
    XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
    1Y ₹ 12000 59.11 ₹ 15,556.78 62.03 ₹ 15,721.57
    3Y ₹ 36000 34.02 ₹ 58,351.68 36.40 ₹ 60,197.72
    5Y ₹ 60000 ₹ ₹
    7Y ₹ 84000 ₹ ₹
    10Y ₹ 120000 ₹ ₹
    15Y ₹ 180000 ₹ ₹


    Date NAV Regular Growth NAV Direct Growth
    26-07-2024 24.6363 27.1589
    25-07-2024 24.2673 26.7509
    24-07-2024 24.337 26.8263
    23-07-2024 24.1027 26.5668
    22-07-2024 24.2661 26.7455
    19-07-2024 24.1195 26.58
    18-07-2024 24.6914 27.2088
    16-07-2024 24.8512 27.3822
    15-07-2024 24.7252 27.242
    12-07-2024 24.5361 27.0296
    11-07-2024 24.5336 27.0255
    10-07-2024 24.429 26.909
    09-07-2024 24.5263 27.0147
    08-07-2024 24.4427 26.9213
    05-07-2024 24.5461 27.0312
    04-07-2024 24.4921 26.9704
    03-07-2024 24.3458 26.8079
    02-07-2024 24.2027 26.649
    01-07-2024 24.2503 26.7001
    28-06-2024 24.1052 26.5363
    27-06-2024 24.1501 26.5845
    26-06-2024 24.1382 26.5701

    Fund Launch Date: 15/Jul/2019
    Fund Category: ELSS (Tax Saving) Fund
    Investment Objective: To provide long-term capital appreciation by investing predominantly in equity and equity related securities. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.
    Fund Description: An open ended equity linked saving scheme with a statutory lock-in of 3 years and tax benefit
    Fund Benchmark: Nifty 500 Total Return Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.