ITI Banking and Financial Services Fund-Dir (G)

Sectoral / Thematic

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NAV
16.61(-0.15%)
Fund Size (CR)
₹362.26
Expense Ratio
0.68
Scheme Type
Active Fund
Value Research
-

Min. investment
₹5,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹500
Minimum Withdrawal
₹1,000
Exit Load
0.5%
Return Since Launch
12.11%

Absolute Return: -7.66%

Annualized Return: 0%

Basic Details

Scheme Manager

Nilay Dalal

Bench Mark

Nifty Financial Services TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	May 8, 2026	9722.59	-2.77%	-	-2.18%	693/1007
1 Month	April 15, 2026	9792.97	-2.07%	-	1.67%	845/1007
3 Month	February 13, 2026	9291.85	-7.08%	-	-0.00%	866/978
6 Month	November 14, 2025	9605.77	-3.94%	-	-1.66%	513/936
1 Year	May 15, 2025	10443.77	4.44%	4.44%	5.28%	400/868
3 Year	May 15, 2023	14574.04	45.74%	13.36%	17.78%	371/522
5 Year	-	-	-	-	-	-/-
Since Inception	December 6, 2021	16612.80	66.13%	12.11%	10.41%	515/1005

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	June 2, 2025	1,20,000	120191.32	0.16%	0.16%
3 Year	June 1, 2023	3,60,000	415538.14	15.43%	4.90%
5 Year	-	-	-	-	-
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

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Monthly Investment (₹)

Minimum value allowed is 500

Expected Returns Rate (%)

Minimum value allowed is 1

Time Period (in Years)

Minimum value allowed is 1

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Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

4.36%

Standard Deviation

0.96%

Beta

0.39%

Sharpe Ratio

-0.00%

Treynor's Ratio

2.13%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
ICICI Bank	10.53%	301797	38.13	Equity	Banks
SBI	9.03%	306103	32.71	Equity	Banks
HDFC Bank	8.89%	417242	32.20	Equity	Banks
Axis Bank	7.91%	225827	28.64	Equity	Banks
Kotak Mah. Bank	6.31%	595981	22.84	Equity	Banks
Bajaj Finance	5.19%	200840	18.82	Equity	Finance
Shriram Finance	4.44%	171524	16.08	Equity	Finance
BSE	3.25%	32296	11.76	Equity	Financial Services
SBI Life Insuran	2.49%	49639	9.03	Equity	Insurance
Cholaman.Inv.&Fn	2.34%	54217	8.47	Equity	Finance

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
ITI Banking and Financial Services Fund-Dir (G)	362.26	-2.07%	-7.08%	-3.94%	4.44%	13.36%
Nippon India Taiwan Equity Fund - Direct (G)	1138.67	15.48%	65.66%	107.59%	201.66%	67.28%
Nippon India Taiwan Equity Fund - Direct (IDCW)	1138.67	15.48%	65.66%	107.59%	201.66%	67.28%
Franklin Asian Equity Fund - Direct (G)	520.57	9.73%	11.27%	24.83%	46.94%	20.81%
Franklin Asian Equity Fund - Direct (IDCW)	520.57	9.72%	11.26%	24.82%	46.92%	20.80%
Aditya Birla SL International Equity Fund - Direct (IDCW)	320.39	9.06%	10.94%	18.12%	38.09%	21.33%

List of Schemes under ITI Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
ITI Multi Cap Fund	Equity	Very High	8.5%	3	₹1,364.64
ITI Large Cap Fund	Equity	Very High	-3.13%	4	₹369.62
ITI Large & Mid Cap Fund	Equity	Very High	-0.16%	0	₹735.57
ITI Mid Cap Fund	Equity	Very High	9.77%	4	₹1,358.05
ITI Small Cap Fund	Equity	Very High	10.73%	3	₹2,936.51
ITI Value Fund	Equity	Very High	5.76%	2	₹352.62
ITI Focused Fund	Equity	Very High	12.21%	0	₹561.17
ITI Pharma and Healthcare Fund	Equity	Very High	6.44%	3	₹229.56
ITI Banking and Financial Services Fund	Equity	Very High	4.44%	2	₹362.26
ITI Bharat Consumption Fund	Equity	Very High	0.33%	0	₹346.27
ITI Business Cycle Fund	Equity	Very High	0%	0	₹103.16
ITI ELSS Tax Saver Fund	Equity	Very High	1.29%	4	₹434.10
ITI Overnight Fund	Debt	Low	5.16%	1	₹15.61
ITI Liquid Fund	Debt	Moderately Low	6.2%	2	₹54.64
ITI Ultra Short Duration Fund	Debt	Moderately Low	6.29%	3	₹141.03
ITI Dynamic Bond Fund	Debt	Moderately Low	1.31%	3	₹29.77
ITI Banking and PSU Debt Fund	Debt	Moderate	4.82%	5	₹37.84
ITI Balanced Advantage Fund	Hybrid	Moderately High	-0.16%	2	₹351.17
ITI Arbitrage Fund	Hybrid	Low	6.9%	1	₹87.59
ITI Flexi Cap Fund	Equity	Very High	5.66%	0	₹1,290.33

News

ITI Mutual Fund announces change in fund manager under its schemes

ITI Mutual Fund has announced change in fund manager under the following schemes, with immediate effect.

Change in Fund Manager:

Scheme Name	Existing Fund Manager(s)	New Fund Manager(s)
ITI Small Cap Fund	Mr. Dhimant Shah	Mr. Dhimant Shah, Mr. Alok Ranjan
ITI Multi Cap Fund	Mr. Dhimant Shah	Mr. Dhimant Shah, Mr. Alok Ranjan
ITI Mid Cap Fund	Mr. Dhimant Shah	Mr. Alok Ranjan, Mr. Dhimant Shah
ITI Flexi Cap Fund	Mr. Dhimant Shah	Mr. Dhimant Shah, Mr. Nilay Dalal
ITI Large & Mid Cap Fund	Mr. Alok Ranjan	Mr. Alok Ranjan, Mr. Nilay Dalal
ITI Focused Fund	Mr. Dhimant Shah	Mr. Dhimant Shah, Mr. Alok Ranjan
ITI Large Cap Fund	Mr. Alok Ranjan	Mr. Alok Ranjan, Mr. Nilay Dalal
ITI Banking and Financial Services Fund	Mr. Nilay Dalal	Mr. Nilay Dalal, Mr. Animesh Singh
ITI Value Fund	Mr. Dhimant Shah	Mr. Nilay Dalal, Mr. Dhimant Shah
ITI Balanced Advantage Fund	Mr. Rajesh Bhatia, Mr. Laukik Bagwe and Mr. Vasav Sahgal	Mr. Nilay Dalal, Mr. Laukik Bagwe and Mr. Animesh Singh
ITI Bharat Consumption Fund	Mr. Dhimant Shah	Mr. Animesh Singh, Mr. Dhimant Shah
ITI Pharma and Healthcare Fund	Mr. Dhimant Shah	Mr. Animesh Singh, Mr. Nilay Dalal
ITI Arbitrage Fund	Mr. Vikas Nathani and Mr. Laukik Bagwe	Mr. Vikas Nathani, Mr. Animesh Singh and Mr. Laukik Bagwe

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ITI Mutual Fund announces Appointment of Key Personnel
ITI Mutual Fund has announced that CFA Animesh Singh has been appointed as Fund Manager and Key Personnel of ITI Asset Management Limited with immediate effect. The brief profile & work experience of Mr. Animesh Singh is given below:
Name: Mr. Animesh Singh
Age: 48 years
Designation: Fund Manager
Qualification: Post Graduate Diploma in Management. Bachelor of Honours - (Economics) CFA ' USA Certification .
Powered by Capital Market - Live News

ITI Mutual Fund announces change in fund manager under its schemes

ITI Mutual Fund has announced change in fund manager under the following schemes, With effect from 14 April 2026.

Change in the Fund Manager of scheme(s) of ITI Mutual Fund

Scheme Name	Name of Existing Fund Manager(s)	Name of Existing Co Fund Manager's	Revised
ITI Pharma and Healthcare Fund	Mr. Rohan Korde	Mr. Dhimant Shah	Mr. Dhimant Shah
ITI Banking and Financial Services Fund	Mr. Nilay Dalal	Mr. Rohan Korde	Mr. Nilay Dalal
ITI Flexi Cap Fund	Mr. Dhimant Shah	Mr. Rohan Korde	Mr. Dhimant Shah
ITI Focused Fund	Mr. Dhimant Shah	Mr. Rohan Korde	Mr. Dhimant Shah
ITI Large & Mid Cap Fund	Mr. Alok Ranjan	Mr. Rohan Korde	Mr. Alok Ranjan
ITI Bharat Consumption Fund	Mr. Rohan Korde	Mr. Dhimant Shah	Mr. Dhimant Shah
ITI Multi Cap Fund	Mr. Dhimant Shah	Mr. Rohan Korde	Mr. Dhimant Shah
ITI Large Cap Fund	Mr. Alok Ranjan	Mr. Rohan Korde	Mr. Alok Ranjan
ITI Mid Cap Fund	Mr. Rohan Korde	Mr. Dhimant Shah	Mr. Dhimant Shah
ITI Small Cap Fund	Mr. Dhimant Shah	Mr. Rohan Korde	Mr. Dhimant Shah
ITI Value Fund	Mr. Rohan Korde	Mr. Dhimant Shah	Mr. Dhimant Shah
ITI Balanced Advantage Fund	Mr. Rajesh Bhatia	Mr. Rohan Korde, Mr. Laukik Bagwe and Mr. Vasav Sahgal	Mr. Rajesh Bhatia, Mr. Laukik Bagwe and Mr. Vasav Sahgal
ITI Arbitrage Fund	Mr. Vikas Nathani	Mr. Rohan Korde and Mr. Laukik Bagwe	Mr. Vikas Nathani and Mr. Laukik Bagwe

Fund House Details & Investment Objective

Date of Incorporation

November 15, 2021

Total AUM (Cr)

₹362.26

ITI Banking and Financial Services Fund-Dir (G) is an Sectoral / Thematic-oriented fund from the renowned AMC, ITI Mutual Fund. Launched in November 15, 2021, this fund is managed by Nilay Dalal. With assets under management (AUM) worth ₹362.26 (Cr), as of May 15, 2026, ITI Banking and Financial Services Fund-Dir (G) is categorized as a Sectoral / Thematic within its segment. The fund has generated a return of 12.11% since its launch.
The current NAV of ITI Banking and Financial Services Fund-Dir (G) is ₹16.61, as on May 15, 2026. The fund's benchmark index is Nifty Financial Services TRI. You can invest in ITI Banking and Financial Services Fund-Dir (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 13.36% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 93.04% in Equity, 6.96% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 65.07% in Banks, 23.18% in Finance, 6.73% in Capital Markets, 3.86% in Insurance, 1.16% in Cash & Others

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