About Company
ITI Mutual Fund
ITI Mutual Fund, established in 2018, is an emerging player in the Indian asset management industry, backed by The Investment Trust of India Limited. Managing an AUM of over ₹11,300 crore, the AMC focuses on a research-driven investment philosophy aimed at identifying mispriced securities with long-term growth potential. Under the leadership of CEO Jatinder Pal Singh and CIO Rajesh Bhatia, the company offers a diverse product suite of over 20 schemes, including equity, debt, and hybrid options. Known for its agile investment approach, ITI Mutual Fund emphasizes risk-adjusted returns and expanding its digital footprint to serve retail investors across India.
Fund Snapshot
| Category | Equity Long-Short Fund |
|---|---|
| Benchmark | Nifty 50 (TRI) Index |
| Subscription | Daily (Business Days) |
| Inception Date | 10 November 2025 |
| SIF ID | SIF-21 |
| Type | Interval Strategy |
Strategy Overview
Diviniti is positioned as an equity-oriented long-short strategy with a strong bias toward long equity exposure.
Key elements of the structure:
- Predominant allocation to equity and equity-related securities across market capitalisations
- Limited use of short exposure through equity derivatives as permitted under the mandate
- Minimal allocation to cash for liquidity management
- No active unhedged short derivative exposure in the current portfolio construct
With ~95% allocation to equity, the strategy behaves closer to a high-equity portfolio, with derivatives used selectively rather than as a core driver.
Objective
The strategy aims to:
- Generate long-term capital appreciation through diversified equity exposure
- Use derivative instruments selectively to manage positions and enhance efficiency
Subscription Details
- Open on all business days
- Applications received before 3:00 PM → same-day NAV
- After 3:00 PM → next business day NAV
- Minimum investment (NFO): ₹10 lakh (PAN-level)
- Additional investments allowed from ₹25,000 after meeting the minimum threshold
Redemption Details
- Allowed on all business days
- Before 3:00 PM → same-day NAV
- After 3:00 PM → next business day NAV
- No lock-in
- Exit load:
- 0.50% if redeemed within 6 months
- Nil after 6 months
- Subject to maintaining ₹10 lakh PAN-level holding under SIF
Portfolio Allocation
| Asset Class | Instrument Type | Allocation |
|---|---|---|
| Equity | Nifty 50 | 95% |
| Cash | Cash / Equivalents | 5% |
| Total | — | 100% |
Portfolio Construction Insights
- High equity exposure (95%) indicates primary reliance on market direction for returns
- Limited derivative usage suggests a low emphasis on hedging or short-driven alpha
- Absence of unhedged short exposure in the current portfolio reduces complexity but also limits downside protection mechanisms
- Cash allocation (5%) is maintained for liquidity rather than tactical allocation
Overall, the structure aligns more with an equity-focused strategy with optional derivative overlay, rather than a balanced long-short framework.
See Everything Clearly, Every Time
Trust comes from being upfront. At AltPort Funds, we believe in being clear about everything we do. We explain every decision, from how we structure your investments to how we review them, using logic. There’s nothing hidden or confusing—just solid reasons and responsible actions. This openness lets you understand your investments and stay involved without getting lost. When you know where your money is and why, investing feels like a team effort, not a puzzle.
