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  • ITI Mutual Fund
  • ITI Banking and Financial Services Fund (Growth)
ITI Mutual Fund

ITI Banking and Financial Services Fund (Growth)

EquitySectoral/ Thematic

12.8657

NAV (Apr 23)

9.8%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
Our analysis of this fundLearn how we rate funds ->

Fund Size

Outperformance Consistency

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Want the equity funds that are right for your long term equity investment needs?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

12.8657

NAV (Apr 23)

Fund Returns

Last 1Y
21.4%
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
9.8%
6 Month CAGR
12.9%

Scheme Information

Investment Objective

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.

Expense Ratio
2.34
Launched (3y ago)
Dec 08, 2021
AUM in Crores
258.299
ISIN
INF00XX01BR2
Lock-in
No Lock-in
Benchmark
Nifty Financial Services TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
0
Standard Deviation (5yr)
0
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
0
Sharpe Ratio (5yr)
0
YTM
0
Fund Managers

Rohan Korde

Fund Manager

Nilay Dalal

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
ITI Banking and Financial Services Fund (Growth)70%12,64,128 5,31,51621.4%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-04-23

Top Stock Holdings

icici bank ltd

19.3%
19.3%

hdfc bank ltd

14.7%
14.7%

state bank of india

9%
9%

axis bank ltd

6.3%
6.3%

kotak mahindra bank ltd

4.5%
4.5%
See all holdings

Allocation by Sector

financial services

96.4%
96.4%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
HDFC Large and Mid Cap Fund (G)
HDFC Large and Mid Cap Fund (G)

₹ 17,313 cr

₹ 14,075 cr

₹ 21,475 cr

₹ 53,505 cr

₹ 41,281 cr

amc-img

About the AMC

ITI Asset Management Limited

ITI Asset Management Limited manages assets worth 6,793 crores and was set up on 10 January 2008. It's current offering of mutual fund schemes includes 17 equity,33 debt and 10 hybrid funds.amc-img
phone-img022-66214998
Fund NameScripbox Opinion
Till Date CAGR

19.5%

18.7%

19.5%

18.7%

19%

16.7%

25%

23.9%

19%

16.7%

ITI Banking and Financial Services Fund (G) Review

ITI Banking and Financial Services Fund (G) is a Sectoral/ Thematic Equity fund and has delivered an annualised return of 9.8% over a period of 2 years. The fund is managed by ITI Asset Management Limited. The fund managers are Nilay Dalal, Rohan Korde.

Nav of ITI Banking and Financial Services Fund (G) as of 4/23/2024 is ₹12.87 with the total AUM as of 4/24/2024 is ₹258.299. With Scripbox you can compare and check the latest nav for all mutual funds in India. ITI Banking and Financial Services Fund (G) was launched on Dec 08, 2021. The category risk of the fund is Very High Risk.

The minimum SIP amount for ITI Banking and Financial Services Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

ITI Banking and Financial Services Fund (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to Nifty Financial Services TR INR.

ITI Banking and Financial Services Fund (G) is rated as a 0 fund in Equity and delivered 21.4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with ITI Banking and Financial Services Fund (G).

Frequently Asked Questions

What is ITI Banking and Financial Services Fund (G)?

ITI Banking and Financial Services Fund (G) is a Sectoral/ Thematic Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in ITI Banking and Financial Services Fund (G)?

You can invest in ITI Banking and Financial Services Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of ITI Banking and Financial Services Fund (G)?

The minimum sip amount for ITI Banking and Financial Services Fund (G) is ₹1000. You can invest in multiples of ₹5000.

Is ITI Banking and Financial Services Fund (G) good to invest in?

As per Scripbox experts, ITI Banking and Financial Services Fund (G) is a Not Reviewed Yet fund. You can investITI Banking and Financial Services Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the ITI Banking and Financial Services Fund (G)?

The expense ratio of the ITI Banking and Financial Services Fund (G) is 2.34% for regular plan.