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):	243.81
AAUM (in Rs. Cr):	240.70
% of top 5 holdings:	57.22%
% of top 10 holdings:	76.72%
No of scrips:	23

Average P/B	3.21
Average P/E	22.68
Portfolio Beta	0.91
(P/E ratio taken on net equity level)

	Regular Plan (in Rs.)	Direct Plan (in Rs.)
Growth:	11.1309	11.5025
IDCW:	11.1309	11.5025

Name of the Instrument	% to NAV	% to NAV Derivatives
Equity & Equity Related Total	95.44
Financial Services	95.44
ICICI Bank Limited	16.55
HDFC Bank Limited	15.91
Axis Bank Limited	9.26
Housing Development Finance Corporation Limited	8.93
Bajaj Finance Limited	6.57
Kotak Mahindra Bank Limited	6.07
State Bank of India	5.37
Shriram Finance Limited	2.74
Equitas Small Finance Bank Limited	2.71
Can Fin Homes Limited	2.61
SBI Life Insurance Company Limited	2.32
Muthoot Finance Limited	2.30
Ujjivan Financial Services Limited	2.22
Mahindra & Mahindra Financial Services Limited	2.03
ICICI Prudential Life Insurance Company Limited	2.03
LIC Housing Finance Limited	1.53
ICICI Lombard General Insurance Company Limited	1.45
Max Financial Services Limited	1.01
IndusInd Bank Limited	0.90
SBI Cards and Payment Services Limited	0.83
Cholamandalam Investment and Finance Company Limited	0.76
ICICI Securities Limited	0.71
Power Finance Corporation Limited	0.63
Short Term Debt & Net Current Assets	4.56

Top Ten Holdings

Period	Fund Returns (%)	Benchmark Returns (%)	Additional Benchmark Returns (%)	Fund (Rs)	Benchmark (Rs)	Additional Benchmark Returns (Rs)
Regular - Growth
Last 1 Year	16.64%	19.07%	12.94%	11,664	11,907	11,294
Since Inception	7.50%	8.08%	7.62%	11,131	11,220	11,150
Direct - Growth
Last 1 Year	19.20%	19.07%	12.94%	11,920	11,907	11,294
Since Inception	9.90%	8.08%	7.62%	11,503	11,220	11,150

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	129694	15.39%	131250	17.92%	128147	12.89%
Since Inception	180000	197857	12.60%	199573	13.81%	193708	9.68%
Direct - Growth
Last 1 Year	120000	131214	17.86%	131250	17.92%	128147	12.89%
Since Inception	180000	201331	15.05%	199573	13.81%	193708	9.68%

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).