Fundamental Value Fund

ITUS Capital Advisors Pvt Ltd
PMS Multi Cap & Flexi Cap
Benchmark
Nifty 50 TRI
Inception Date
1 February 2017
Min. Investment
₹1,00,00,000
AUM (Cr.)
₹1358.90
SIP Available
Yes
STP Available
Yes

Investment Strategy

Investment Approach

We seek businesses with strong growth, ideally supported by margin expansion over time.And when growth and governance align, our final discipline is price we aim to own these businesses only when they are available at a reasonable valuation.We believe portfolio outcomes are driven by a thoughtful combination of top-down sector positioning and bottom-up stock selection.This dual-layered approach ensures that risk management is embedded at the heart of our portfolio construction—not just through what we own, but also when and how we own it.

Investment Objective

To deliver consistent outperformance over the benchmark, targeting an alpha of 4–5% across market cycles, measured over rolling 3+ year periods.

Performance Returns

Returns as on 2025-12-31

Trailing Returns

Period Strategy Benchmark Outperformance
1 MONTH 3.11% -0.28% 3.39%
3 MONTHS 7.63% 6.33% 1.30%
6 MONTHS 4.14% 2.92% 1.22%
1 YEAR 6.64% 11.88% -5.24%
2 YEAR 9.65% 10.96% -1.31%
3 YEAR 14.72% 14.30% 0.42%
5 YEAR 13.66% 14.67% -1.01%
SINCE INCEPTION 18.12% 15.16% 2.96%

Calendar Year Performance

Year Return
CY 2025 6.64%
CY 2024 12.76%
CY 2023 25.35%
CY 2022 -2.82%
CY 2021 29.26%
CY 2020 40.48%
CY 2019 17.48%
CY 2018 -7.74%
CY 2017 42.20%

Financial Year Performance

Year Return
FY 26_YTD 14.11%
FY 25 4.09%
FY 24 31.95%
FY 23 -4.01%
FY 22 21.24%
FY 21 79.73%
FY 20 -14.73%
FY 19 15.11%
FY 18 22.06%
FY 17 4.59%

Past performance is not indicative of future results. Returns are subject to market risks.

Fund Managers

Naveen Chandramohan

Fund Manager, PMS

Mr. Naveen Chandramohan: Naveen Chandramohan, founder of Itus Capital, has 20 years of professional experience. He began his career at Lehman Brothers in Tokyo, specializing in Equity Origination and Capital Markets. He later served as Head of ex-Japan (Asia) Trading at NOMURA in Hong Kong. Prior to founding Itus Capital, Naveen spent 7.5 years as a fund manager investing in Indian markets, based out of Hong Kong. In his most recent role before establishing Itus, he was the Responsible Officer for Hutchin Hill, overseeing their Hong Kong office.Naveen has a strong track record of managing money in the Indian markets over the last 15 years. He was awarded the best fund manager award for 3 years in a row by Asia hedge, between 2012-14. His India fund delivered a 23% IRR over the 7 years he managed money.At Itus, Naveen has a strong track record of managing the multi-cap fund delivering a 18.1% IRR over 8 years. Mr. Naveen has also Co-authored a research paper published in the Journal for Networking and Communication (Nokia-sponsored project) and has designed a MEMS-based micro-robot during his undergrad.

Portfolio Details

Portfolio Composition

Large Cap
52.95%
Mid Cap
15.75%
Small Cap
24.55%
Cash & Equivalent
6.75%

Top 5 Holdings

  • Hindustan Copper Ltd 7.50%
  • HDFC Bank Limited 6.50%
  • ICICI Bank Limited 5.00%
  • Titan Company Limited 4.50%
  • Navin Fluorine International Ltd 4.50%

Top 5 Sectors

  • Banks 16.25%
  • Mining & Minerals 12.00%
  • Healthcare 11.00%
  • Chemicals 7.00%
  • Insurance 5.75%

Portfolio Characteristics

total number of stocks
23
top 5 stocks percent
28.00%
top 5 sectors percent
52.00%
average market cap
N/A
portfolio age
8 Yrs, 10 Months
sip
Available
stp
Available

Fee Structure

Variable Fee

AMC: 1%

Hurdle: 15%

Profit Sharing: 15%

Exit Load

Disclaimer

* Returns are as on31st December 2025 , * Returns over a 1 year period are annualized * Returns are calculated using the Time Weighted Rate of Return (TWRR) method and as provided by the respective AMCs. *ND (No Data) , * NA(Not Applicable) * Returns of the respective Benchmark Indices used are tabulated above. Benchmark(s) given are as per SEBI circular no. SEBI/HO/IMD/IMD-PoD-2/P/CIR/2022/172 dated December 16, 2022 and the APMI circular no. APMI/2022-23/02 dated 23rd March,2023 and Revised Annexure-1

This profile is provided for general informational purposes only and is based on publicly available information. While reasonable care is taken, the content may not always reflect the latest updates.

Nothing on this page constitutes investment, financial, or legal advice. Investment decisions should be made after consulting a qualified advisor and reviewing official scheme documents.

Affluense AI – Smarter Insights. Stronger Relationships with Affluents.

Last Updated: January 2026 · Published by Affluense AI (affluense.ai)