ITI MF

CATEGORY OF SCHEME	Sectoral/ Thematic Fund
INVESTMENT OBJECTIVE	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.
Inception Date (Date of Allotment):	06-Dec-21
Benchmark:	Nifty Financial Services Total Return Index
Minimum Application Amount:	Rs. 5,000/- and in multiples of Re. 1/- thereafter
Load Structure:	Entry Load: Nil Exit Load:1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units · Nil, if redeemed or switched out after completion of 12 months from the date of allotment of units.
Total Expense Ratio (TER):	Including Additional Expenses and Goods and Service Tax on Management Fees Regular Plan: 2.33% Direct Plan: 0.38%
Fund Manager	Mr. Dhimant Shah (Since 01-Dec-22) Total Experience : 26 years Mr. Rohan Korde (Since 29-Apr-22) Total Experience: 19 years

AUM (in Rs. Cr):	237.96
AAUM (in Rs. Cr):	230.83
% of top 5 holdings:	66.79%
% of top 10 holdings:	82.05%
No of scrips:	23

Average P/B	2.87
Average P/E	20.66
Portfolio Beta	0.96
(P/E ratio taken on net equity level)

	Regular Plan (in Rs.)	Direct Plan (in Rs.)
Growth:	10.8548	11.1958
IDCW:	10.8548	11.1958

Name of the Instrument	% to NAV	% to NAV Derivatives
Equity & Equity Related Total	96.24
Financial Services	96.24
HDFC Bank Limited	20.27
ICICI Bank Limited	19.92
Housing Development Finance Corporation Limited	10.78
Kotak Mahindra Bank Limited	8.26
State Bank of India	7.55
Axis Bank Limited	7.14
Bajaj Finance Limited	2.61
SBI Life Insurance Company Limited	2.19
Cholamandalam Investment and Finance Company Limited	1.71
Bank of Baroda	1.61
IndusInd Bank Limited	1.38
The Federal Bank Limited	1.33
Mahindra & Mahindra Financial Services Limited	1.30
Shriram Finance Limited	1.22
Bajaj Finserv Limited	1.20
Power Finance Corporation Limited	1.14
Can Fin Homes Limited	1.11
Indian Bank	1.09
ICICI Lombard General Insurance Company Limited	0.99
RBL Bank Limited	0.98
Muthoot Finance Limited	0.96
The Karnataka Bank Limited	0.75
Max Financial Services Limited	0.74
Short Term Debt & Net Current Assets	3.76

Top Ten Holdings

Period	Fund Returns (%)	Benchmark Returns (%)	Additional Benchmark Returns (%)	Fund (Rs)	Benchmark (Rs)	Additional Benchmark Returns (Rs)
Regular - Growth
Last 1 Year	13.97%	16.18%	6.91%	11,393	11,613	10,689
Since Inception	6.07%	6.99%	5.96%	10,855	10,986	10,839
Direct - Growth
Last 1 Year	16.51%	16.18%	6.91%	11,646	11,613	10,689
Since Inception	8.45%	6.99%	5.96%	11,196	10,986	10,839

Past performance may or may not be sustained in future. Different Plans i.e. Regular Plan and Direct Plan under the scheme have different expense structure. Benchmark: Nifty Financial Services TRI Additional Benchmark: Nifty 50 TRI. Fund Managers: Mr. Dhimant Shah (Managing since 01-December-22) and Mr. Rohan Korde (Managing since 29-Apr-22). Inception date of the scheme (06-Dec-21). Face Value per unit: Rs. 10.

Period	Amount Invested	Fund Value ()	Fund Returns (%)	Benchmark Value ()	Benchmark Returns (%)	Additional Benchmark Value ()	Additional Benchmark Returns (%)
Regular - Growth
Last 1 Year	120000	127880	12.63%	130127	16.32%	125330	8.49%
Since Inception	170000	182969	10.37%	185438	12.35%	178352	6.67%
Direct - Growth
Last 1 Year	120000	129371	15.07%	130127	16.32%	125330	8.49%
Since Inception	170000	185984	12.78%	185438	12.35%	178352	6.67%

Past performance may or may not be sustained in future. Different Plans i.e. Regular Plan and Direct Plan under the scheme have different expense structure. Benchmark: Nifty Financial Services TRI Additional Benchmark: Nifty 50 TRI. For SIP returns, monthly investment of Rs.10,000 invested on the 1st business day of every month has been considered. CAGR Returns (%) are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return).