ITI Banking and Financial Services Fund Direct Growth
EquitySector - Financial ServicesVery High Risk
Direct
NAV (27-Jan-26)
Returns (Since Inception)
Fund Overview
Fund Size
₹356 Cr
Expense Ratio
0.40%
ISIN
INF00XX01BU6
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
08 Dec 2021
About this fund
As of 27-Jan-26, it has a Net Asset Value (NAV) of ₹17.38, Assets Under Management (AUM) of 355.82 Crores, and an expense ratio of 0.4%.
- ITI Banking and Financial Services Fund Direct Growth has given a CAGR return of 13.44% since inception.
- The fund's asset allocation comprises around 96.11% in equities, 0.00% in debts, and 3.89% in cash & cash equivalents.
- You can start investing in ITI Banking and Financial Services Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+28.33%
+22.52% (Cat Avg.)
3 Years
+17.87%
+12.78% (Cat Avg.)
Since Inception
+13.44%
— (Cat Avg.)
Portfolio Summaryas of 31st December 2025
| Equity | ₹341.97 Cr | 96.11% |
| Others | ₹13.85 Cr | 3.89% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹53.38 Cr | 15.00% |
| ICICI Bank Ltd | Equity | ₹35.91 Cr | 10.09% |
| State Bank of India | Equity | ₹34.07 Cr | 9.57% |
| Axis Bank Ltd | Equity | ₹32.07 Cr | 9.01% |
| Kotak Mahindra Bank Ltd | Equity | ₹27.42 Cr | 7.71% |
| Shriram Finance Ltd | Equity | ₹15.68 Cr | 4.41% |
| Bajaj Finance Ltd | Equity | ₹13.92 Cr | 3.91% |
| Net Receivables / (Payables) | Cash | ₹13.85 Cr | 3.89% |
| BSE Ltd | Equity | ₹11.43 Cr | 3.21% |
| SBI Life Insurance Co Ltd | Equity | ₹10.27 Cr | 2.89% |
| ICICI Prudential Life Insurance Co Ltd | Equity | ₹5.55 Cr | 1.56% |
| IDFC First Bank Ltd | Equity | ₹5.45 Cr | 1.53% |
| Poonawalla Fincorp Ltd | Equity | ₹5.39 Cr | 1.51% |
| Union Bank of India | Equity | ₹5.38 Cr | 1.51% |
| Bank of Baroda | Equity | ₹5.38 Cr | 1.51% |
| IIFL Finance Ltd | Equity | ₹5.33 Cr | 1.50% |
| Bank of Maharashtra | Equity | ₹5.31 Cr | 1.49% |
| PNB Housing Finance Ltd | Equity | ₹5.3 Cr | 1.49% |
| Manappuram Finance Ltd | Equity | ₹5.16 Cr | 1.45% |
| HDFC Life Insurance Co Ltd | Equity | ₹5.13 Cr | 1.44% |
| PB Fintech Ltd | Equity | ₹5 Cr | 1.41% |
| Muthoot Finance Ltd | Equity | ₹4.39 Cr | 1.24% |
| Aditya Birla Capital Ltd | Equity | ₹4.26 Cr | 1.20% |
| ICICI Prudential Asset Management Co Ltd | Equity | ₹3.69 Cr | 1.04% |
| Bank of India | Equity | ₹3.63 Cr | 1.02% |
| Multi Commodity Exchange of India Ltd | Equity | ₹3.6 Cr | 1.01% |
| L&T Finance Ltd | Equity | ₹3.59 Cr | 1.01% |
| Canara Bank | Equity | ₹3.57 Cr | 1.00% |
| Aptus Value Housing Finance India Ltd | Equity | ₹3.52 Cr | 0.99% |
| Can Fin Homes Ltd | Equity | ₹3.51 Cr | 0.99% |
| Max Financial Services Ltd | Equity | ₹3.49 Cr | 0.98% |
| One97 Communications Ltd | Equity | ₹3.46 Cr | 0.97% |
| The South Indian Bank Ltd | Equity | ₹3.45 Cr | 0.97% |
| Ujjivan Small Finance Bank Ltd Ordinary Shares | Equity | ₹3.4 Cr | 0.95% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹1.9 Cr | 0.53% |
Allocation By Market Cap (Equity)
Large Cap Stocks
70.87%
Mid Cap Stocks
16.90%
Small Cap Stocks
8.34%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹338.51 Cr | 95.13% |
| Technology | ₹3.46 Cr | 0.97% |
Risk & Performance Ratios
Standard Deviation
This fund
12.26%
Cat. avg.
14.77%
Lower the better
Sharpe Ratio
This fund
0.74
Cat. avg.
0.61
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.11
Higher the better
Fund Managers
Rohan Korde
Since April 2022
Nilay Dalal
Since May 2023
Additional Scheme Detailsas of 31st December 2025
ISIN INF00XX01BU6 | Expense Ratio 0.40% | Exit Load No Charges | Fund Size ₹356 Cr | Age 4 years 1 month | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty Financial Services TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Sector - Financial Services Funds
About the AMC
Other Funds by ITI Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Diviniti Equity Long Short Fund Direct Growth Very High Risk | - | 0.0% | ₹288.91 Cr | - |
| ITI Bharat Consumption Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹367.19 Cr | - |
| ITI Large & Mid Cap Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹823.88 Cr | 5.1% |
| ITI Focused Equity Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹573.08 Cr | 16.2% |
| ITI Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹52.46 Cr | 6.4% |
| ITI Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹150.19 Cr | 6.8% |
| ITI Multi Cap Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹1348.96 Cr | 9.6% |
| ITI Value Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹353.72 Cr | 11.6% |
| ITI Conservative Hybrid Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹14.80 Cr | 8.9% |
| ITI Dynamic Bond Fund Direct Growth Moderate Risk | 0.1% | 0.0% | ₹114.99 Cr | 4.2% |
| ITI Balanced Advantage Fund Direct Growth Moderately High risk | 0.6% | 0.0% | ₹396.81 Cr | 7.6% |
| ITI Small Cap Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹2793.05 Cr | 4.6% |
| ITI Large Cap Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹528.41 Cr | 9.0% |
| ITI Banking & PSU Debt Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹37.34 Cr | 6.9% |
| ITI Banking and Financial Services Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹355.82 Cr | 28.3% |
| ITI Arbitrage Fund Direct Growth Low Risk | 0.2% | 0.0% | ₹50.93 Cr | 7.2% |
| ITI Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹39.93 Cr | 5.5% |
| ITI Mid Cap Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹1329.00 Cr | 12.5% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹439.54 Cr | 9.1% |
| ITI Pharma and Healthcare Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹223.80 Cr | -5.2% |
| ITI Flexi Cap Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹1299.35 Cr | 12.0% |
Risk Level
Your principal amount will be at Very High Risk
Take control of your wealth
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Who manages the ITI Banking and Financial Services Fund Direct Growth?
- Rohan Korde
- Nilay Dalal
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