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 target companies exhibiting robust expansion potential, ideally accompanied by sustained margin enhancement. Our investment process prioritizes a convergence of growth and governance principles, culminating in a disciplined approach to valuation. We acquire stakes in these enterprises solely when they present at attractive price points. Our investment philosophy posits that portfolio performance is a direct consequence of a carefully considered synthesis of strategic sector allocation and meticulous individual security selection. This bifurcated methodology intrinsically integrates risk mitigation throughout the portfolio construction framework, encompassing not only the selection of holdings but also the timing and execution of their acquisition.

Investment Objective

To achieve sustained superior returns relative to the chosen benchmark, aiming for an alpha generation of 4-5% across varying market conditions. This performance will be assessed over rolling 3-year intervals.

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, the founder of Itus Capital, brings two decades of extensive professional expertise to the firm. His career commenced at Lehman Brothers in Tokyo, where he focused on Equity Origination and Capital Markets. Subsequently, he held the position of Head of ex-Japan (Asia) Trading at NOMURA in Hong Kong. Before establishing Itus Capital, Mr. Chandramohan dedicated 7.5 years to fund management, concentrating on Indian markets from his base in Hong Kong. His most recent role prior to founding Itus involved serving as the Responsible Officer for Hutchin Hill, with oversight of their Hong Kong operations. Mr. Chandramohan possesses a distinguished history of managing capital within the Indian markets over the past 15 years. His performance was recognized with the prestigious "Best Fund Manager" award from Asia Hedge for three consecutive years, from 2012 to 2014. During his tenure managing an India-focused fund, he achieved an Internal Rate of Return (IRR) of 23% over a seven-year period. At Itus Capital, Mr. Chandramohan has similarly demonstrated exceptional fund management capabilities, particularly with the multi-cap fund. This fund has delivered an IRR of 18.1% over eight years. Furthermore, Mr. Chandramohan is a co-author of a research paper published in the Journal for Networking and Communication, resulting from a Nokia-sponsored initiative. His academic background includes the design of a MEMS-based micro-robot during his undergraduate studies.

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

Interested in ?

Get in touch with our partner to learn more about 's portfolio management services and how they align with your investment goals.

Disclaimer

Returns are as of 2025-12-31. Returns for periods up to one year are not annualized. Returns for periods exceeding one year are annualized. Returns are computed using the Time Weighted Rate of Return (TWRR) methodology and are provided by the respective Asset Management Companies (AMCs). 'ND' denotes 'No Data', and 'NA' denotes 'Not Applicable'. The performance of the respective Benchmark Indices is presented above. Benchmark(s) are as defined in SEBI circular no. SEBI/HO/IMD/IMD-PoD-2/P/CIR/2022/172 dated December 16, 2022, APMI circular no. APMI/2022-23/02 dated March 23, 2023, and Revised Annexure-1.

This page is provided solely for general informational purposes in relation to the strategy and is based on publicly available information. While reasonable care has been taken to ensure accuracy, the information may not reflect the most recent 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.

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