ITI Banking and Financial Services Fund Direct Growth

+

Sector - Financial Services
Rating 3
Plan

15.01 +0.11 (0.71%) NAV as on 27 Mar, 2025

5D
1M
6M
1Y
5Y
MAX

Key Metrics

AUM (in Cr)259.84
CAGR 13.51%
Exit Load1.00%
Expense ratio0.56%
Category -
Min Investment5000
Min SIP500
Launch Date2021-12-08

Asset Allocation

Holdings As On - 28 March 2025

Holdings

Sectors

Name
Value (Cr)
Holding %

Hdfc Bank
65.79
25.32%

Icici Bank
36.01
13.86%

Kotak Mahindra Bank
19.43
7.48%

State Bank Of India
17.53
6.74%

Axis Bank
17.34
6.67%

Bajaj Finance
15.96
6.14%

Bajaj Finserv
6.97
2.68%

Net Receivables / (Payables)
6.55
2.52%

Icici Securities
5.14
1.98%

Peer Comparison

Risk & Volitility

Alpha 0.00%
Beta 0.00
Sharpe Ratio0.52
Std Deviation 13.53%
Tracking Error 0.00%

About Fund

The investment objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services. However, there can be no assurance that the investment objective of the scheme would be achieved.

The ITI Banking and Financial Services Fund Direct Growth has an AUM of 259.84 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 0.56%. The minimum investment in ITI Banking and Financial Services Fund Direct Growth is Rs 5000 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Moderate & Exceptional respectively.

The top holdings of the fund include Hdfc Bank, Icici Bank, Kotak Mahindra Bank & State Bank Of India.

The major sectors where the fund is invested are Regional Banks, Consumer Financial Services, Insurance (Life) & Investment Services.

Some of the similar funds are Baroda BNP Paribas Banking and Financial Services Fund Direct Growth, LIC MF Banking & Financial Services Fund Direct Growth, ITI Banking and Financial Services Fund Direct Growth, Quant BFSI Fund Direct Growth, WhiteOak Capital Banking & Financial Services Fund Direct Growth. ITI Banking and Financial Services Fund Direct Growth has a sharpe ratio of 0.52 & a standard deviation of 13.53%.