- Mutual Funds
- ITI Mutual Fund
- ITI Banking and Financial Services Fund (Growth)
ITI Banking and Financial Services Fund (Growth)
₹ 10.1233
NAV (Mar 29)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 10.1233
NAV (Mar 29)
Fund Returns
Last 1Y | 6.6% |
Last 3Y | NA |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | -1.4% |
6 Month CAGR | 1.8% |
Scheme Information
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 | 2.6 |
Launched (2y ago) | Dec 08, 2021 |
AUM in Crores | 220.321 |
ISIN | INF00XX01BR2 |
Lock-in | No Lock-in |
Benchmark | IISL 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 |
Returns Calculator Comparison
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| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| ITI Banking and Financial Services Fund (Growth) | NaN | NaN | % | |
| EPF | 900,761 | 168,149 | 8.50% | |
| Property | 867,662 | 135,050 | 7.00% | |
| PPF | 869,819 | 137,207 | 7.10% | |
| Bank FD | 846,471 | 113,859 | 6.00% | |
| Gold | 846,471 | 113,859 | 6.00% | |
| Savings Bank | 825,950 | 93,338 | 5.00% |
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
Top Stock Holdings
hdfc bank ltd
20%icici bank ltd
19.6%housing development finance corp ltd
10.3%kotak mahindra bank ltd
7.8%axis bank ltd
7.6%Allocation by Sector
financial services
97.5%Compare ITI Banking and Financial Services Fund (Growth)
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 15,261 cr | ||
₹ 4,641 cr | ||
₹ 10,129 cr | ||
₹ 15,261 cr | ||
₹ 10,129 cr |
About the AMC
ITI Asset Management Limited
ITI Asset Management Limited manages assets worth 3,656 crores and was set up on 10 January 2008. It's current offering of mutual fund schemes includes 14 equity,24 debt and 10 hybrid funds.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
2.5% | 2.9% | ||
- | 4.3% | ||
22.8% | 9.4% | ||
- | -8% | ||
- | 6.4% |
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 -1.4% over a period of 1 years. The fund is managed by ITI Asset Management Limited. The fund managers are Dhimant Shah, Rohan Korde, Tanay Gabhawala.
Nav of ITI Banking and Financial Services Fund (G) as of 3/29/2023 is ₹10.12 with the total AUM as of 3/30/2023 is ₹220.321. 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 IISL Nifty Financial Services TR INR.
ITI Banking and Financial Services Fund (G) is rated as a 0 fund in Equity and delivered 6.6% 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)?
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 2.6% for regular plan.