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 #60 of 87 in category.
Fund basics
| Category | Equity: Sectoral |
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| NAV | ₹14.83 (as of 2026-10-22) |
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| AUM | ₹388 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 | 0.23 |
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| Standard deviation | 16.45% |
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| Max drawdown | −16.92% |
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| Alpha | 0.73 |
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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 | 65.2% |
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| Mid cap | 14.0% |
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| Small cap | 20.7% |
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Concentration
| Top 5 holdings | 40.8% |
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| Top 10 holdings | 59.2% |
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| Total holdings | 33 |
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Top holdings
- ICICI Bank Ltd. — 11.0%
- HDFC Bank Ltd. — 9.2%
- AXIS Bank Ltd. — 7.7%
- TREPS 01-Oct-2026 — 6.9%
- State Bank Of India — 6.7%
- Bajaj Finance Limited — 6.3%
- Kotak Mahindra Bank Ltd. — 5.8%
- Shriram Finance Limited — 4.9%
- Cholamandalam Investment and Finance Company Ltd — 3.3%
- RBL Bank Limited — 2.2%
Top sectors
- Banking & Financial — 63.3%
- Finance & Investments — 22.7%
- Cash — 9.0%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −8.3% | 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 |