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 #53 of 84 in category.
Fund basics
| Category | Equity: Sectoral |
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| NAV | ₹16.26 (as of 2026-08-21) |
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| AUM | ₹381 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 | 0.35 |
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| Standard deviation | 16.02% |
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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 95.2% of its downside.
Market cap allocation
| Large cap | 61.1% |
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| Mid cap | 11.9% |
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| Small cap | 27.1% |
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Concentration
| Top 5 holdings | 42.2% |
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| Top 10 holdings | 61.3% |
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| Total holdings | 33 |
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Top holdings
- ICICI Bank Ltd. — 11.1%
- Bajaj Finance Limited — 8.1%
- HDFC Bank Ltd. — 8.1%
- State Bank Of India — 7.7%
- AXIS Bank Ltd. — 7.2%
- Kotak Mahindra Bank Ltd. — 5.1%
- Shriram Finance Limited — 4.9%
- BSE Ltd. — 3.7%
- Cholamandalam Investment and Finance Company Ltd — 3.1%
- TREPS 03-Aug-2026 — 3.0%
Top sectors
- Banking & Financial — 62.9%
- Finance & Investments — 31.1%
- Technology — 1.5%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 0.5% | Q3 | #46 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 |