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 TRI
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: 2.25% Direct Plan: 0.35%
Fund Manager	Mr. Nilay Dalal (Since 05 May 2023) Total Experience : 12 years Mr. Rohan Korde (Since 29-Apr-22) Total Experience: 17 years

AUM (in Rs. Cr):	265.94
AAUM (in Rs. Cr):	262.84
% of top 5 holdings:	58.79%
% of top 10 holdings:	72.54%
No of scrips:	30

Standard Deviation^:	13.99%
Beta^:	0.92
*Sharpe Ratio^:**	0.20
Average P/B	4.02
Average P/E	15.76
Portfolio Beta	NA
Portfolio Turnover Ratio	1.41
^Computed for the 3-yr period ended January 31, 2025. Based on monthly return. *Risk free rate: 6.65 (Source: FIMMDA MIBOR) (P/E ratio taken on net equity level)

	Regular Plan (in Rs.)	Direct Plan (in Rs.)
Growth:	13.2212	14.1007
IDCW:	13.2212	14.1007

Name of the Instrument	% to NAV	% to NAV Derivatives
Equity & Equity Related Total	97.95
Financial Services	97.09
HDFC Bank Limited	24.47
ICICI Bank Limited	14.49
Kotak Mahindra Bank Limited	7.30
State Bank of India	6.41
Axis Bank Limited	6.13
Bajaj Finance Limited	5.19
Bajaj Finserv Limited	2.43
Muthoot Finance Limited	2.19
ICICI Securities Limited	1.99
Cholamandalam Investment and Finance Company Ltd	1.95
Mahindra & Mahindra Financial Services Limited	1.78
HDFC Life Insurance Company Limited	1.76
Power Finance Corporation Limited	1.68
L&T Finance Limited	1.64
Aditya Birla Capital Limited	1.62
Shriram Finance Limited	1.58
Karur Vysya Bank Limited	1.54
City Union Bank Limited	1.48
REC Limited	1.32
LIC Housing Finance Limited	1.24
Multi Commodity Exchange of India Limited	1.20
Housing & Urban Development Corporation Limited	1.12
Nuvama Wealth Management Limited	1.05
SBI Life Insurance Company Limited	1.04
The Federal Bank Limited	0.99
India Shelter Finance Corporation Limited	0.98
PNB Housing Finance Limited	0.95
ICICI Lombard General Insurance Company Limited	0.91
Jio Financial Services Limited	0.68
Information Technology	0.86
Protean eGov Technologies Limited	0.86
Short Term Debt & Net Current Assets	2.05

Top Ten Holdings

Period	Fund Returns (%)	Benchmark Returns (%)	Additional Benchmark Returns (%)	Fund (Rs)	Benchmark (Rs)	Additional Benchmark Returns (Rs)
Regular - Growth
Last 1 Year	5.65%	14.38%	9.55%	10,566	11,443	10,958
Last 3 Years	9.50%	10.22%	12.01%	13,132	13,393	14,058
Since Inception	9.25%	10.17%	12.30%	13,221	13,576	14,422
Direct - Growth
Last 1 Year	7.66%	14.38%	9.55%	10,768	11,443	10,958
Last 3 Years	11.74%	10.22%	12.01%	13,956	13,393	14,058
Since Inception	11.50%	10.17%	12.30%	14,101	13,576	14,422

Past performance may or may not be sustained in future and is not a guarantee of any future returns, and should not be used as a basis of comparison with other investments. The performance data for 3 years period has not been provided, since scheme is in existence for less than 3 years. In case, the start / end date of the concerned period is a non-business date (NBD), the NAV of the previous date is considered for computation of returns. 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. Nilay Dalal (Managing since 05-May-23) and Mr. Rohan Korde (Managing since 29-Apr-22). Inception date of the scheme (06-Dec-21). Face Value per unit: Rs. 10. Since the scheme is in existence for more than 3 years but less than 5 years hence performance data for 5 years and more are not provided.
ITI Banking and Financial Services Fund NAV as on January 31, 2025: Rs. 13.2212 (Regular Growth Option), Rs. 14.1007 (Direct Growth Option)

Period	Amount Invested	Fund Returns (%)	Benchmark Returns (%)	Additional Benchmark Returns (%)	Fund Value ()	Benchmark Value ()	Additional Benchmark Value ()
Regular - Growth
Last 1 Year	1,20,000	-2.50%	4.91%	0.02%	1,18,370	1,23,165	1,20,014
Last 3 Year	3,60,000	9.75%	12.13%	13.39%	4,16,927	4,31,696	4,39,652
Since Inception	3,80,000	9.68%	11.89%	13.19%	4,43,196	4,58,550	4,67,790
Direct - Growth
Last 1 Year	1,20,000	-0.61%	4.91%	0.02%	1,19,603	1,23,165	1,20,014
Last 3 Year	3,60,000	11.96%	12.13%	13.39%	4,30,613	4,31,696	4,39,652
Since Inception	3,80,000	11.89%	11.89%	13.19%	4,58,597	4,58,550	4,67,790

Past performance may or may not be sustained in future and is not a guarantee of any future returns, and should not be used as a basis of comparison with other investments. 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).