COMPARE
ITI Value Fund - Direct Plan - Growth Option vs LIC MF Value Fund-Direct Plan-Growth
ITI Value Fund and LIC MF Value Fund- are both in the Value Fund category, from ITI Asset Management Limited and LIC Mutual Fund Asset Management Limited respectively. ITI Value Fund has posted a higher 3-year rolling CAGR. ITI Value Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
ITI Value Fund has the lower direct-plan expense ratio, by 0.44 percentage points.
| ITI Value Fund - Direct Plan - Growth Option | LIC MF Value Fund-Direct Plan-Growth | |
|---|---|---|
| Category | Value Fund | Value Fund |
| AMC | ITI Asset Management Limited | LIC Mutual Fund Asset Management Limited |
| Benchmark | Nifty 500 TRI | Nifty 500 TRI |
| NAV | ₹17.291 (2026-10-28) | ₹29.5286 (2026-10-28) |
| AUM | ₹331.25 Cr | ₹356.863 Cr |
| Expense Ratio (Direct) | 1.42% | 1.86% |
| Inception | 2021-05-25 | 2018-07-30 |
Returns
ITI Value Fund leads on 3-year rolling CAGR (20.2% vs LIC MF Value Fund-'s 17.3%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
LIC MF Value Fund- has been the more volatile of the two by standard deviation.
| ITI Value Fund - Direct Plan - Growth Option | LIC MF Value Fund-Direct Plan-Growth | |
|---|---|---|
| 3Y Sharpe Ratio | 0.12 | 0.40 |
| 3Y Alpha | 0.6296% | 5.72% |
| 3Y Std Deviation | 16.4376% | 17.8206% |
| 3Y Calmar Ratio | 0.42 | 0.56 |
Portfolio Analytics
LIC MF Value Fund- carries the higher portfolio P/E ratio (a rougher proxy for how richly the underlying holdings are valued) - see the table below for the full comparison.
| ITI Value Fund - Direct Plan - Growth Option | LIC MF Value Fund-Direct Plan-Growth | |
|---|---|---|
| P/E Ratio | 26.0509 | 29.0845 |
| P/B Ratio | 8.38 | 6.5033 |
| Dividend Yield | 0.7787% | 0.948% |
| Active Share | 69.64% | 83.64% |
| Portfolio Turnover | 27% | 199% |
| YTM | - | - |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
ITI Value Fund and LIC MF Value Fund- carry the same Punji Quality grade.
Frequently asked questions
Which has a higher 3-year return, ITI Value Fund or LIC MF Value Fund-?
ITI Value Fund's 3-year rolling CAGR of 20.2% is higher than LIC MF Value Fund-'s 17.3%. ITI Value Fund sits in the 81st percentile of its category on this metric, versus the 38th percentile for LIC MF Value Fund- - though note both funds may belong to different categories with different medians, so a raw CAGR comparison doesn't account for how each fund performed relative to its own peers. A higher historical return also doesn't necessarily mean lower risk; check the risk metrics below before concluding either fund is the "better" choice.
Which has a lower expense ratio, ITI Value Fund or LIC MF Value Fund-?
ITI Value Fund's direct-plan expense ratio is 0.44 percentage points lower than LIC MF Value Fund-'s. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Which fund carries more risk, ITI Value Fund or LIC MF Value Fund-?
By standard deviation (a measure of how much a fund's returns swing around its own average), LIC MF Value Fund- has been more volatile than ITI Value Fund over the trailing window. Standard deviation captures total volatility in both directions - up and down - so a higher figure means bigger swings generally, not necessarily bigger losses specifically. Sharpe ratio (0.12 for ITI Value Fund vs 0.40 for LIC MF Value Fund-) is a better single measure of risk-adjusted return, since it weighs the return earned per unit of volatility taken rather than volatility alone.
Which has higher AUM, ITI Value Fund or LIC MF Value Fund-?
LIC MF Value Fund- has ₹357 Cr in assets under management, versus ₹331 Cr for ITI Value Fund. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which fund has a longer track record, ITI Value Fund or LIC MF Value Fund-?
LIC MF Value Fund- launched on 2018-07-30, making it older than ITI Value Fund (launched 2021-05-25). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.