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Return

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  • 6M
  • 1Y
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  • 5Y
This Fund:
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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹500 & Lump. ₹5000

AUM (Fund size)

₹321 Cr

Lock In Period

N/A

Expense Ratio

2.34

Benchmark

Nifty Financial Services Total Return

Exit Load

If redeemed/Switched out on or before 3 Months from the date of allotment; Exit Load is 0.50%.Exit Load after completion of 3 months - Nil.

Summary

Latest details for ITI Banking and Financial Services Fund Growth include a ₹15.8116 NAV as of Apr 22,2026 and returns since inception of 50.00%. Minimum investments start at SIP ₹500. The ITI Banking and Financial Services Fund Growth AUM is ₹321 Cr, with a lock-in of N/A years, expense ratio of 2.34%, and benchmark Nifty Financial Services Total Return. Exit load is - If redeemed/Switched out on or before 3 Months from the date of allotment; Exit Load is 0.50%.Exit Load after completion of 3 months - Nil.. In the growth review for 1M Month/Year, the fund recorded 9.01% returns, against a category average of 1.33% and a category best of 23.39%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M9.011.3323.39
6M1.181.7895.07
1Y7.315.76265.59
3Y14.4714.02335.86

Portfolio Analysis

  • Equity: 98.84%
  • Debt: 1.16%
  • Others
As on: 2026-03-31
View allocation % by

1. ICICI Bank Limited13.86%
2. HDFC Bank Limited9.50%
3. Axis Bank Limited9.50%
4. Kotak Mahindra Bank Limited8.60%
5. RBL Bank Limited1.59%
6. AU Small Finance Bank Limited1.52%
7. IndusInd Bank Limited1.40%
8. Ujjivan Small Finance Bank Limited1.32%
9. Bandhan Bank Limited1.32%
10. The Federal Bank Limited1.14%
11. The Jammu & Kashmir Bank Limited0.99%
12. IDFC First Bank Limited0.89%
13. Equitas Small Finance Bank Limited0.80%

1. Bajaj Finance Limited5.01%
2. Shriram Finance Limited4.67%
3. Cholamandalam Investment and Finance Company Ltd2.29%
4. Mahindra & Mahindra Financial Services Limited1.34%
5. Muthoot Finance Limited1.31%
6. IIFL Finance Limited1.02%

1. State Bank of India9.33%
2. Bank of Maharashtra1.47%
3. Indian Bank1.01%
4. Bank of Baroda0.83%

1. SBI Life Insurance Company Limited2.75%
2. ICICI Prudential Life Insurance Company Limited1.11%

1. Multi Commodity Exchange of India Limited2.01%
2. BSE Limited1.75%

1. Aditya Birla Sun Life AMC Limited1.52%
2. Nippon Life India Asset Management Limited1.45%

1. PNB Housing Finance Limited1.09%
2. Home First Finance Company India Limited1.05%
3. Aptus Value Housing Finance India Limited0.47%

1. Power Finance Corporation Limited1.92%

1. CreditAccess Grameen Limited1.56%

1. Aditya Birla Capital Limited1.45%

About Fund

ITI Banking and Financial Services Fund Growth managed by ITI Mutual Fund,is a Equity - Sector Fundscheme with Assets Under Management of ₹321 Crore. The fund benchmarks its performance against the Nifty Financial Services Total Return while maintaining an expense ratio of 2.34. Under the expert guidance of Nilay Dalal ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Nilay Dalal

Mr. Nilay Dalal holds MBA (Finance). Mr. Nilay Dalal joined ITI Asset Management Limited in April 2023 and has over 12 years of work experience in financial markets. Prior to joining ITI Mutual Fund he was associated with Axis Asset Management Company as Equity Research Analyst; with SBI Life Insurance as Equity Research Analyst.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
This FundHDFC Business Cycle Fund Growth02334.25 CR2.03
This FundKotak ESG Exclusionary Strategy Fund Growth0709.25 CR2.35
This FundITI Banking and Financial Services Fund Growth1321.16 CR2.34
This FundICICI Prudential PSU Equity Fund Growth01798.21 CR2.1
This FundNippon India Taiwan Equity Fund Growth3599.16 CR2.36
Fund Name1Y3Y
This FundHDFC Business Cycle Fund Growth3.86145.2216
This FundKotak ESG Exclusionary Strategy Fund Growth3.476146.9802
This FundITI Banking and Financial Services Fund Growth7.310450.0038
This FundICICI Prudential PSU Equity Fund Growth10.7949112.0188
This FundNippon India Taiwan Equity Fund Growth260.5585318.1066

FAQs

ITI Banking and Financial Services Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of ITI Banking and Financial Services Fund Growth is 2.34. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

ITI Banking and Financial Services Fund Growth’s fund performance is as follows:
  • 1 Month : 9.01%
  • 6 Months : 1.18%
  • 1 Year : 7.31%
  • 3 Years : 14.47%
Returns of ITI Banking and Financial Services Fund Growth are updated daily based on NAV of ₹ 15.8116 as on Apr 22,2026. Since inception, the return has been 50.00%.

You can invest in ITI Banking and Financial Services Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of ITI Banking and Financial Services Fund Growth is ₹321 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in ITI Banking and Financial Services Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500