RK
Rohan KordeFund Manager Since 29 Apr 2022
EquitySector - Financial Services
ITI Banking and Financial Services Fund Direct Growth
3Y Annualised
15.59%
-0.29% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
-11.44%
-0.29% 1D
Benchmark
SBI Nifty 10 yr Benchmark G-Sec ETF
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
4 years 9 months
NIFTY 50
6 years 2 months
FD
9 years 7 months
Fund info
Fund size
₹375.94 Cr
Min. SIP amount
₹500
Min. Lumpsum amount
₹5000
Exit load
0.01%
1% - if redeemed or switched out on or before completion of 12 months from the date of allotment of units. Nil - if redeemed or switched out after completion of 12 months from the date of allotment of units.
Risk Profile
Very High Risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
ICICI Prudential Nifty Bank ETF
11.86%
2nd
Kotak Nifty Bank ETF
4.60%
3rd
HDFC Nifty Bank ETF - Growth
4.01%
4th
ICICI Prudential Nifty Private Banks ETF
2.39%
5th
IDBI Banking Financial Services Fund Direct Payout of Income Distribution cum Cap wdrl
1.94%
140th
ITI Banking and Financial Services Fund Direct Growth
-11.44%
Fund Managers
PA
Pratibh AgarwalFund Manager Since 8 Dec 2021
HG
Hetal GadaFund Manager Since 8 Dec 2021
About ITI Banking and Financial Services Fund Direct Growth
ITI Banking and Financial Services Fund Direct Growth is a Equity mutual fund scheme from ITI Asset Management Limited. This fund has been in existence for 4 years, having been launched on 2021-12-08. ITI Banking and Financial Services Fund Direct Growth has ₹375.94 Cr worth of assets under management (AUM) as of Mon Mar 23 2026. The latest Net Asset Value (NAV) of ITI Banking and Financial Services Fund Direct Growth as of Fri Mar 20 2026 is ₹15.8851. The fund has an expense ratio of 0.4%, which is medium comparable to most other Equity funds.
ITI Banking and Financial Services Fund Direct Growth returns for the last 1 year are 8.73%. Since launch, it has delivered 10.62% average annual returns.
The ITI Banking and Financial Services Fund Direct Growth has the majority of its money invested in Financial Services sectors.
Top 5 Holdings of ITI Banking and Financial Services Fund Direct Growth.
- ICICI Bank Ltd: 13.17%
- Axis Bank Ltd: 9.67%
- Kotak Mahindra Bank Ltd: 9.13%
- State Bank of India: 8.76%
- HDFC Bank Ltd: 7.45%
AMC Information
| Name | ITI Asset Management Limited |
|---|---|
| Founding Date | 2021-12-08 |
| mfassist@itiorg.com | |
| Phone | 022-66214999 |
| Website | www.itimf.com |
| Address | Naman Midtown “A” Wing, 21st Floor, Senapati Bapat Marg, Elphinstone Road |
Tax Implications of ITI Banking and Financial Services Fund Direct Growth
| Short Term Gains | 20% + applicable Surcharge + 4% Cess |
|---|---|
| Long Term Gains | 12.5% without indexation + applicable Surcharge + 4% Cess |
Similar Funds from ITI Asset Management Limited
ITI Arbitrage Fund Regular Growth
Alternative StrategiesArbitrage Fund
3Y CAGR
6.91%
expense ratio
0.93%
fund size
₹48.75 Cr
ITI Arbitrage Fund Direct Growth
Alternative StrategiesArbitrage Fund
3Y CAGR
7.69%
expense ratio
0.21%
fund size
₹48.75 Cr
ITI Liquid Fund Regular Growth
Capital PreservationLiquid
3Y CAGR
6.59%
expense ratio
0.25%
fund size
₹55.79 Cr
ITI Liquid Fund Direct Growth
Capital PreservationLiquid
3Y CAGR
6.76%
expense ratio
0.09%
fund size
₹55.79 Cr
ITI Multi Cap Fund Direct Growth
EquityMulti-Cap
3Y CAGR
20.31%
expense ratio
0.33%
fund size
₹1336.69 Cr
Calculate Your Returns
Estimated Returns in 3 Years (Based on past 3Y returns)
₹0
Total Amount
₹0
