ITI Banking and Financial Services Fund -Regular Plan - Growth Option
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Delivered positive returns in 100% of 3-year investment horizons.
- Equities carry market risk; returns fluctuate and recommended investment horizon is 5+ years.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +6.93% | +6.32% | +0.61% |
| 3 Months | +0.12% | -0.20% | +0.32% |
| 6 Months | +5.39% | +5.98% | -0.59% |
| 1 Year | +2.31% | +3.90% | -1.59% |
| 3 Years CAGR | +11.84% | +13.23% | -1.39% |
| Since Inception | +9.64% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in ITI Banking and Financial Services Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +0.33% | +4.03% | -3.70% |
| 2025 | +20.45% | +1.43% | +19.02% |
| 2024 | +6.71% | +20.41% | -13.70% |
| 2023 | +14.57% | +30.70% | -16.13% |
| 2022 | +9.34% | +1.66% | +7.68% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -8.24% | +12.66% | +12.31% | +30.61% | 97.1% | 62.0% |
| 3-Year Rolling | +7.41% | +12.87% | +12.64% | +19.62% | 100.0% | 4.8% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2026-02-12 | 2026-03-31 | -16.9% | 2 months | Not yet recovered |
| 2022-02-02 | 2022-06-17 | -15.3% | 4 months | 2 months |
| 2024-09-26 | 2025-01-27 | -12.4% | 4 months | 3 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity, Units issued by REITs & Equity related securities of companies engaged in Banking and Financial Services 80%-100%, Equity, Units issued by REITs and Equity related securities of other Companies 0%-20%, Listed Preference Shares 0%-10%, Debt and Money Market Instruments 0%-20%, Units issued by InvITs 0%-10%. | Per Scheme Mandate |
Investment Objective & Strategy
The investment objective of the Scheme is to generate long-term capital appreciation to unitholders 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 or guarantee that the investment objective of the Scheme would be achieved.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 389 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as small relative to Sectoral / Thematic schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Sectoral / Thematic Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| SBI INFRASTRUCTURE FUND | 4.9 | +11.72% | 2.08% | 110.1% | Rs 4,976 cr | Compare → |
| Tata Banking And Financial Services Fund | 4.7 | +11.29% | 2.22% | 98.1% | Rs 3,292 cr | Compare → |
| Samco Active Momentum Fund | 4.4 | +12.23% | 3.39% | 60.7% | Rs 802 cr | Compare → |
| Sundaram Financial Services Opportunities Fund | 4.8 | +11.43% | 2.22% | 103.9% | Rs 1,713 cr | Compare → |
| 360 ONE QUANT FUND | 5.2 | +12.84% | 2.45% | 120.2% | Rs 800 cr | Compare → |
Frequently Asked Questions about ITI Banking and Financial Services Fund
What is the expense ratio of ITI Banking and Financial Services Fund?
ITI Banking and Financial Services Fund has a total expense ratio (TER) of 2.77% with a base expense ratio of 2.1%, compared to the Sectoral / Thematic category median of 2.52%.
Who manages ITI Banking and Financial Services Fund?
ITI Banking and Financial Services Fund is managed by Nilay Dalal (tenure: 3.5 years since 2023-05-05).
What are the historical returns of ITI Banking and Financial Services Fund?
ITI Banking and Financial Services Fund delivered a 3-year CAGR of 11.84%. Its 1-year return stands at +2.31%.
How large is ITI Banking and Financial Services Fund?
ITI Banking and Financial Services Fund manages assets of Rs 389 cr, placing it in the 'small' size band relative to Sectoral / Thematic peers.
How is ITI Banking and Financial Services Fund scored on MFIQ?
ITI Banking and Financial Services Fund holds an MFIQ Score of 4.6/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is ITI Banking and Financial Services Fund?
ITI Banking and Financial Services Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 16.52% with a maximum historical drawdown of -16.92%.