ITI Banking and Financial Services Fund
The scheme seeks 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.
Growthvine rating: 2/5 — ranked #58 of 85 in category.
Fund basics
| Category | Equity: Sectoral |
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| NAV | ₹15.00 (as of 2026-10-01) |
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| AUM | ₹386 Cr |
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| Expense ratio | 2.10% |
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| Riskometer | Very High |
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| Fund manager | Animesh Singh |
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| Exit load | 0.5% for redemption within 3 months |
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Performance & risk
| Sharpe ratio | 0.43 |
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| Standard deviation | 15.85% |
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| Max drawdown | −16.92% |
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| Alpha | 0.5 |
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| Beta | 0.99 |
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Over 5 years, captured 100.0% of NIFTY Financial Services's upside and 94.5% of its downside.
Market cap allocation
| Large cap | 65.1% |
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| Mid cap | 11.6% |
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| Small cap | 23.4% |
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Concentration
| Top 5 holdings | 41.8% |
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| Top 10 holdings | 60.9% |
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| Total holdings | 34 |
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Top holdings
- ICICI Bank Ltd. — 11.2%
- State Bank Of India — 7.9%
- HDFC Bank Ltd. — 7.6%
- AXIS Bank Ltd. — 7.6%
- Bajaj Finance Limited — 7.5%
- Kotak Mahindra Bank Ltd. — 5.4%
- Shriram Finance Limited — 5.2%
- Cholamandalam Investment and Finance Company Ltd — 3.5%
- BSE Ltd. — 3.0%
- Net Receivables / (Payables) — 2.7%
Top sectors
- Banking & Financial — 61.5%
- Finance & Investments — 31.5%
- Cash — 4.8%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −7.2% | Q3 | #53 of 76 |
| 2025 | 20.5% | Q1 (Top) | #3 of 69 |
| 2024 | 6.7% | Q4 (Bottom) | #57 of 58 |
| 2023 | 14.6% | Q4 (Bottom) | #48 of 48 |
| 2022 | 9.3% | Q2 | #21 of 46 |