The Investment Trust of India Ltd – Portfolio Management Services (PMS)

The ITI Long-Short Equity Fund, registered with SEBI as a Category III Alternative Investment Fund (Registration No. IN/AIF3/13-14/0096), is managed by The Investment Trust of India. Operating for over 7 years since its launch in April 2018, the fund aims to outperform the Nifty index across market cycles while protecting capital during downturns, thereby reducing volatility. It follows a fundamental, stock-picking approach with both long and short exposures, combining a strategic core portfolio with tactical positions to navigate diverse market conditions. Over this period, the fund has demonstrated strong risk-adjusted performance with lower volatility compared to the benchmark.

Strategies

1

Investment Strategies & Performance

Alternative Investment Funds (AIF)

The Investment Trust of India Ltd Alternative Investment Funds (AIF) - Performance Returns
Strategy Category 1Y 3Y 5Y Inception

Long Short Equity Fund

Long Short 8.63% 15.89% 13.62% Apr 2018

AIF investments carry market risks. Please read scheme documents carefully.

Portfolio Managers & Fund Management Team

Mr Madhu Babu

Fund Manager

Mr. Madhu Babu has 18 plus years of experience in the Indian capital markets. Prior to joining The Investment Trust of India, Mr. Madhu worked at Groww MF wherein he was Assistant Fund Manager for ELSS scheme. He was also Assistant Fund Manager at Canara HSBC Insurance for three years. Prior to that he spent 15 years on the sell side covering IT Services sector in various reputed sell side firms. In previous roles, Mr. Madhu Babu worked as Senior Vice President at Centrum Broking covering sectors like IT Services, Telecom and Staffing sectors. He worked in multiple other firms which include Prabhudas Lilladher Stock Broking, HDFC Securities, Systematix Shares and stocks. Mr. Madhu holds a master’s in business administration (Finance) degree from ICFAI Business School, Hyderabad, a premier MBA institute. He also holds a B. Tech from Nagarjuna University.

Mr. Mohit Gulati

Fund Manager

Mohit Gulati serves as the Chief Investment Officer and Managing Partner at ITI Growth Opportunities Fund. An engineer from Pune University with a PGDM from IIT Bombay, Mohit began his career at Kelusa Capital, a Tiger Cub firm, where he gained expertise in Long-Short investing. Later, he worked at the Institutional Equities desk of Antique Finance. His venture capital journey took off at Oliphans Capital, where he led first-round deals for several early-stage ventures, including notable names such as Ecom Express (acquired now by Delhivery), Grab (acquired by RIL), 1MG (acquired by Tata), WigzoTech (acquired by Shiprocket), and HumourMe. Under Mohit's leadership, ITI Growth Opportunities Fund is now in its second fund with 26 active investments, contributing to ITI Group’s management of approximately $2.4 billion across diverse asset classes. With over 14 years of active fund management experience, Mohit is a recognised voice in the industry, having appeared on the TV show "Horses Stable." Beyond investing, he is an avid photographer, a CMAS Level 3 certified scuba diver, and shares his expertise by teaching venture capital at NMIMS (Mumbai) and Mesa business schools.

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Regulatory Information

SEBI Registration: IN/AIF3/13-14/0096

Registered Office: ITI House, 36 Dr. R. K. Shirodkar Marg, Opp HDFC House, Parel, Mumbai 400 012

Disclaimer

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Last Updated: December 2025 · Published by Affluense AI (affluense.ai)