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: 2.34% Direct Plan: 0.44%
Fund Manager	Mr. Nilay Dalal (Since 05 May 2023) Total Experience : 12 years Mr. Rohan Korde (Since 29-Apr-22) Total Experience: 19 years

AUM (in Rs. Cr):	252.94
AAUM (in Rs. Cr):	245.27
% of top 5 holdings:	54.68%
% of top 10 holdings:	72.00%
No of scrips:	27

Average P/B	3.56
Average P/E	25.46
Portfolio Beta	0.92
(P/E ratio taken on net equity level)

	Regular Plan (in Rs.)	Direct Plan (in Rs.)
Growth:	11.7014	12.1106
IDCW:	11.7014	12.1106

Name of the Instrument	% to NAV	% to NAV Derivatives
Equity & Equity Related Total	97.64
Financial Services	97.64
ICICI Bank Limited	15.13
HDFC Bank Limited	14.30
Housing Development Finance Corporation Limited	10.73
Axis Bank Limited	8.95
Bajaj Finance Limited	5.58
State Bank of India	4.64
Kotak Mahindra Bank Limited	3.46
Shriram Finance Limited	3.39
HDFC Life Insurance Company Limited	2.92
ICICI Lombard General Insurance Company Limited	2.91
Ujjivan Financial Services Limited	2.37
Muthoot Finance Limited	2.24
HDFC Asset Management Company Limited	2.13
Mahindra & Mahindra Financial Services Limited	2.09
Can Fin Homes Limited	2.02
ICICI Prudential Life Insurance Company Limited	1.95
Karur Vysya Bank Limited	1.65
L&T Finance Holdings Limited	1.49
DCB Bank Limited	1.48
Bank of Baroda	1.35
Max Financial Services Limited	1.35
SBI Life Insurance Company Limited	1.17
Cholamandalam Financial Holdings Limited	1.08
Home First Finance Company India Limited	0.98
Cholamandalam Investment and Finance Company Limited	0.79
Bajaj Finserv Limited	0.77
Power Finance Corporation Limited	0.72
Short Term Debt & Net Current Assets	2.36

Top Ten Holdings

Period	Fund Returns (%)	Benchmark Returns (%)	Additional Benchmark Returns (%)	Fund (Rs)	Benchmark (Rs)	Additional Benchmark Returns (Rs)
Regular - Growth
Last 1 Year	30.61%	30.79%	22.91%	13,061	13,079	12,291
Since Inception	10.57%	9.83%	9.73%	11,701	11,579	11,563
Direct - Growth
Last 1 Year	33.42%	30.79%	22.91%	13,342	13,079	12,291
Since Inception	13.02%	9.83%	9.73%	12,111	11,579	11,563

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. Nilay Dalal (Managing Since 05 May 2023) 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	134653	23.57%	133568	21.77%	131535	18.43%
Since Inception	190000	218529	18.04%	216348	16.67%	211280	13.48%
Direct - Growth
Last 1 Year	120000	136192	26.13%	133568	21.77%	131535	18.43%
Since Inception	190000	222522	20.54%	216348	16.67%	211280	13.48%

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).