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ITI Banking And Financial Services Fund

The fund details shown here are of the Growth Plan option and belongs to the Equity, Sectoral Fund category.

The NAV for ITI Banking And Financial Services Fund Fund is 14.686 as of 12 Aug 2025. NAV or Net Asset Value, is a crucial metric in the context of mutual funds. It represents the per - unit market value of a mutual fund scheme. NAV is calculated by the fund house on every business day and is a key factor in determining the value of an investor's holdings in the mutual fund.

This fund has given 12.16% annualized return for the last 3 years.

At present ITI Banking And Financial Services Fund has not been rated by us.

  • 1M
  • 3M
  • 6M
  • 1YR
  • 3YR
  • 5YR
  • 10YR
  • Since Inception

Performance

Monthly SIP of   ₹    for

Below table shows comparison of ITI Banking And Financial Services Fund with respect to the investments in Fixed Deposit and Gold for the Total investment of ₹36,000 over the period of 3 years.

Total Value Gain Return %
This Fund

43,300

7,300

12.35%
Bank FD

39,824

3,824

 6.5%
Gold

40,770

4,770

 8.00%

Fund Information

  • As of 28 Feb 2025, fund size of ITI Banking And Financial Services Fund is 257.23 Cr.

  • ITI Banking And Financial Services Fund shown here is of Growth plan.

  • The Total Expense Ratio (TER) of the fund is 2.34%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.

  • ITI Banking And Financial Services Fund is an Equity oriented mutual fund in the - Sectoral Fund category.

  • Nifty Financial Services TRI is the benchmark for ITI Banking And Financial Services Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.

  • The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on 06 Dec 2021 as at present it is 4 years old fund.

  • Name of the AMC is ITI Mutual Fund. Click here to know more about ITI Mutual Fund.

Fund Managed By

Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. ITI Banking And Financial Services Fund managed by following fund manager(s);

How does the Return Comparison of the ITI Banking And Financial Services Fund fare against peer funds in the Sectoral fund category?

Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by ITI Banking And Financial Services Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Equity, Sectoral fund category these peer funds belongs to.

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 6.66% 16.65% 29.93% 33.77% 30.28% 31.25% 35.62% 18.16%
Category Average -2.18% 1.51% 5.59% 0.86% 15.21% 16.01% 21.35% 12.98%
ITI Banking And Financial Services Fund -3.61% -0.66% 12.37% 9.41% 12.23% 12.16% - -
SBI PSU Fund -2.68% 1.26% 12.69% -7.50% 30.26% 31.26% 29.74% 12.74%
Invesco India PSU Equity Fund -5.39% 2.77% 16.33% -8.25% 29.81% 30.39% 27.35% 15.81%
HDFC Infrastructure Fund -2.02% 2.97% 13.10% -2.87% 24.43% 29.13% 33.40% 11.06%
ICICI Prudential Infrastructure Fund -3.10% 3.37% 12.69% 0.95% 26.26% 29.08% 35.62% 16.33%
Franklin India Opportunities Fund -2.00% 2.40% 9.46% 0.55% 29.13% 28.74% 28.82% 15.70%

Fund Portfolio Details

Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of ITI Banking And Financial Services Fund are shown below;

Equity 97.48%

Debt 0.00%

Others 2.52%

Top Equity Holdings

Name of the EquityHolding Percentage
HDFC Bank Ltd 25.32%
ICICI BANK LTD. 13.86%
KOTAK MAHINDRA BANK LTD. 7.48%
STATE BANK OF INDIA 6.74%
AXIS BANK LTD. 6.67%
Others 39.93%
Click here to know More

Allocation by Sector

Name of the SectorHolding Percentage
Financial Services 96.72%
Financial 89.20%
Insurance 6.34%
N/A 2.52%
Healthcare 1.10%
Others -95.88%
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Portfolio Holdings shown is as of 28 Feb 2025

Riskometer

Investors understand that their principal
will be at Very High risk