Mutual Funds
AMC
ITI Banking and Financial Services Fund-Dir (IDCW)

ITI Banking and Financial Services Fund-Dir (IDCW)

NAV
17.44(0.23%)
Fund Size (CR)
₹348.01
Expense Ratio
0.4
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
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
0.5%
Return Since Launch
14.67%

Absolute Return: 7.96%

Annualized Return: 0%

1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment

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	15 December 2025	9978.21	-0.22%	-	0.48%	861/960
1 Month	21 November 2025	10037.96	0.38%	-	0.14%	351/940
3 Month	22 September 2025	10807.20	8.07%	-	0.62%	2/920
6 Month	20 June 2025	10809.62	8.10%	-	4.60%	104/876
1 Year	20 December 2024	12155.85	21.56%	21.56%	5.09%	27/808
3 Year	22 December 2022	15613.52	56.14%	16.00%	19.65%	397/506
5 Year	-	-	-	-	-	-/-
Since Inception	6 December 2021	17398.30	73.98%	14.67%	12.89%	467/960

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 January 2025	1,20,000	134765.96	12.30%	12.30%
3 Year	2 January 2023	3,60,000	464647.49	29.07%	8.88%
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%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Minimum value allowed is 500

Expected Returns Rate (%)

Minimum value allowed is 1

Time Period (in Years)

Minimum value allowed is 1

Start your SIP now

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

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

3.58%

Standard Deviation

0.96%

Beta

0.86%

Sharpe Ratio

0.06%

Treynor's Ratio

1.56%

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
HDFC Bank	17.64%	609120	61.37	Equity	Banks
ICICI Bank	11.71%	293543	40.77	Equity	Banks
SBI	8.91%	316857	31.02	Equity	Banks
Axis Bank	8.45%	229894	29.42	Equity	Banks
Kotak Mah. Bank	6.42%	105118	22.33	Equity	Banks
Bajaj Finance	4.69%	157425	16.33	Equity	Finance
BSE	3.25%	38950	11.30	Equity	Financial Services
Shriram Finance	3.24%	132200	11.26	Equity	Finance
SBI Life Insuran	2.30%	40739	8.01	Equity	Insurance
HDFC Life Insur.	2.17%	99000	7.57	Equity	Insurance

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
ITI Banking and Financial Services Fund-Dir (IDCW)	348.01	0.38%	8.07%	8.10%	21.56%	16.00%
Nippon India Taiwan Equity Fund - Direct (G)	423.45	7.41%	6.25%	40.94%	49.13%	38.38%
Nippon India Taiwan Equity Fund - Direct (IDCW)	423.45	7.41%	6.25%	40.94%	49.13%	38.38%
Aditya Birla SL International Equity Fund - Direct (G)	273.54	4.74%	3.23%	15.53%	34.87%	16.74%
Aditya Birla SL International Equity Fund - Direct (IDCW)	273.54	4.74%	3.23%	15.53%	34.87%	16.74%
Quant BFSI Fund - Direct (G)	728.97	0.50%	6.29%	14.16%	25.30%	-

List of Schemes under ITI Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
ITI Multi Cap Fund	Equity	Very High	4.48%	3	₹1,349.22
ITI Large Cap Fund	Equity	Very High	5.74%	4	₹537.20
ITI Large & Mid Cap Fund	Equity	Very High	0.39%	0	₹860.91
ITI Mid Cap Fund	Equity	Very High	6.2%	4	₹1,309.29
ITI Small Cap Fund	Equity	Very High	-2.4%	3	₹2,819.14
ITI Value Fund	Equity	Very High	4.93%	2	₹349.28
ITI Focused Fund	Equity	Very High	9.88%	0	₹567.02
ITI Pharma and Healthcare Fund	Equity	Very High	-4.99%	3	₹230.85
ITI Banking and Financial Services Fund	Equity	Very High	21.56%	2	₹348.01
ITI Bharat Consumption Fund	Equity	Very High	0%	0	₹360.91
ITI ELSS Tax Saver Fund	Equity	Very High	4.66%	4	₹440.77
ITI Overnight Fund	Debt	Low	5.64%	1	₹39.93
ITI Liquid Fund	Debt	Moderately Low	6.55%	2	₹52.46
ITI Ultra Short Duration Fund	Debt	Moderately Low	7.01%	3	₹150.19
ITI Dynamic Bond Fund	Debt	Moderately Low	5.03%	3	₹114.99
ITI Banking and PSU Debt Fund	Debt	Moderate	7.45%	5	₹37.34
ITI Balanced Advantage Fund	Hybrid	Moderately High	6.89%	2	₹399.17
ITI Arbitrage Fund	Hybrid	Low	7.16%	1	₹50.35
ITI Flexi Cap Fund	Equity	Very High	4.21%	0	₹1,296.60

News

ITI Mutual Fund announces change in Key Personnel
ITI Mutual Fund has announced the Mr. Chetan Shah (DIN: 08038633) has been appointed, as an Independent Director of ITI Asset Management Limited (ITIAML) with effect from December 12, 2025.
Details of Mr. Chetan Shah
Age: 62 years
Designation: Independent Director
Qualification: MBA in Marketing of Financial Services (University of Paisley)
Powered by Capital Market - Live News

ITI MF announces Income Distribution cum Capital Withdrawal (IDCW) under its scheme
ITI Mutual Fund has announced 05 December 2025 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) option under the following scheme. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:
ITI Balanced Advantage Fund:
Regular Plan ' IDCW: 0.10
Direct Plan ' IDCW: 0.10
Powered by Capital Market - Live News

ITI Mutual Fund announced the cessation of Key personnel
ITI Mutual Fund announced the cessation of, Mr. Hitesh Thakkar has resigned from the services of the company and pursuant to his resignation, he ceased to be the Chief Operating Officer (Key Personnel of the Company) with effective from closure of business hours of November 29, 2025. Accordingly, the references pertaining to Mr. Hitesh Thakkar in the SAI of ITI Mutual Fund stands deleted.
Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

15 November 2021

Total AUM (Cr)

₹348.01

ITI Banking and Financial Services Fund-Dir (IDCW) is an Sectoral / Thematic-oriented fund from the renowned AMC, ITI Mutual Fund. Launched in 15 November 2021, this fund is managed by Nilay Dalal. With assets under management (AUM) worth ₹348.01 (Cr), as of 23 December 2025, ITI Banking and Financial Services Fund-Dir (IDCW) is categorized as a Sectoral / Thematic within its segment. The fund has generated a return of 14.67% since its launch.
The current NAV of ITI Banking and Financial Services Fund-Dir (IDCW) is ₹17.44, as on 23 December 2025. The fund's benchmark index is Nifty Financial Services TRI. You can invest in ITI Banking and Financial Services Fund-Dir (IDCW) 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 16.00% 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 97.77% in Equity, 2.23% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 66.86% in Banks, 20.13% in Finance, 5.56% in Capital Markets, 4.27% in Insurance, 1.67% in Cash & Others