ITI Banking and Financial Services Fund Direct Growth
- Sector - Financial Services
- Equity
- Very High Risk
Explore On
Rating:
3
Key Metrics
Aum
₹362.26 Cr
Expense Ratio
0.68%
Exit Load
0.50%
Min. Investment
₹5,000.00
Min. SIP
₹500.00
Launch Date
8 Dec 2021
CAGR Returns
| Period | Absolute(%) | Annualised(%) |
|---|---|---|
| 1 Month | -2.35% | -- |
| 3 Months | -3.93% | -- |
| 6 Months | -5.14% | -- |
| 1 Year | +4.19% | +4.19% |
| 2 Years | -- | +13.23% |
| 3 Years | +43.21% | +12.72% |
| 5 Years | -- | 0% |
| Since Launch | +59.85% | +11.02% |
Holdings as on 7 June 2026
| Name | Value (₹Cr) | Holding % |
|---|---|---|
| ICICI Bank | 38.13 | 10.53 |
| State Bank of India | 32.71 | 9.03 |
| HDFC Bank | 32.20 | 8.89 |
| AXIS Bank Ltd | 28.65 | 7.91 |
| Net Receivables / (Payables) | 25.32 | 6.99 |
| Kotak Mahindra Bank | 22.85 | 6.31 |
| Bajaj Finance | 18.82 | 5.19 |
| Shriram Finance | 16.08 | 4.44 |
| BSE | 11.76 | 3.25 |
| SBI Life Insurance Company Ltd | 9.03 | 2.49 |
Morning Star Rating
Rating:
3
Risk
Return
Risk & Volitility
0.53
Sharpe Ratio
16.04%
Std. Deviation
--
Tracking Error
--
Alpha
--
Beta
Peer Comparison
| Fund Name | 1Y | 3Y | 5Y |
|---|---|---|---|
| Baroda BNP Paribas Banking and Financial Services Fund Direct Growth | -0.98% | +14.29% | +11.81% |
| LIC MF Banking & Financial Services Fund Direct Growth | -0.9% | +8.8% | +10.23% |
| ITI Banking and Financial Services Fund Direct Growth | +4.19% | +12.72% | -- |
| WhiteOak Capital Banking & Financial Services Fund Direct Growth | +1.13% | -- | -- |
| Helios Financial Services Fund Direct Growth | -1.51% | -- | -- |
Results are calculated on CAGR basis
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 362.26 crores & has delivered CAGR of 0.00 in the last 5 years. The fund has an exit load of 0.50% and an expense ratio of 0.68%. 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 High & Exceptional respectively.
The fund has a present cash holding of %. The top holdings of the fund include ICICI Bank, State Bank of India, HDFC Bank, AXIS Bank Ltd.
The major sectors where the fund is invested are Regional Banks, Consumer Financial Services, Investment Services, Insurance (Life).
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, WhiteOak Capital Banking & Financial Services Fund Direct Growth, Helios Financial Services Fund Direct Growth. ITI Banking and Financial Services Fund Direct Growth has a sharpe ratio of 0.53 & a standard deviation of 16.04%.
FAQs
According to the morning star rating ITI Banking and Financial Services Fund Direct Growth has a High risk & Exceptional return.
ITI Banking and Financial Services Fund Direct Growth is managed by Nilay Dalal,Animesh Singh.
The expense ratio of ITI Banking and Financial Services Fund Direct Growth is 0.68%.
The 5 year annualized return on ITI Banking and Financial Services Fund Direct Growth is 0.00% & it has generated 4.19% in the last 1 year.
The minimum investment in ITI Banking and Financial Services Fund Direct Growth is 5000 Rs.
ITI Banking and Financial Services Fund Direct Growth has an AUM of 362.26 crores.
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