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: 2.34% 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):	267.94
AAUM (in Rs. Cr):	262.75
% of top 5 holdings:	55.19%
% of top 10 holdings:	66.93%
No of scrips:	32

Average P/B	2.74
Average P/E	15.28
Portfolio Beta	NA
Portfolio Turnover Ratio	2.03
(P/E ratio taken on net equity level)

	Regular Plan (in Rs.)	Direct Plan (in Rs.)
Growth:	13.1910	13.8693
IDCW:	13.1910	13.8693

Name of the Instrument	% to NAV	% to NAV Derivatives
Equity & Equity Related Total	97.12
Financial Services	97.12
HDFC Bank Limited	18.01
ICICI Bank Limited	15.93
State Bank of India	9.29
Axis Bank Limited	7.84
Kotak Mahindra Bank Limited	4.11
Shriram Finance Limited	3.07
Bajaj Finance Limited	2.69
Manappuram Finance Limited	2.05
City Union Bank Limited	1.98
RBL Bank Limited	1.94
LIC Housing Finance Limited	1.81
ICICI Securities Limited	1.81
Suryoday Small Finance Bank Limited	1.78
Jio Financial Services Limited	1.76
Bank of India	1.68
Canara Bank	1.58
Karur Vysya Bank Limited	1.57
Indian Bank	1.56
PB Fintech Limited	1.49
Cholamandalam Investment and Finance Company Ltd	1.48
HDFC Asset Management Company Limited	1.45
SBI Life Insurance Company Limited	1.34
DCB Bank Limited	1.28
India Shelter Finance Corporation Limited	1.25
ICICI Lombard General Insurance Company Limited	1.25
L&T Finance Limited	1.24
Muthoot Finance Limited	1.19
The Federal Bank Limited	1.03
Punjab National Bank	1.02
Can Fin Homes Limited	0.94
Jana Small Finance Bank Limited	0.90
Indiabulls Housing Finance Limited	0.79
Short Term Debt & Net Current Assets	2.88

Top Ten Holdings

Period	Fund Returns (%)	Benchmark Returns (%)	Additional Benchmark Returns (%)	Fund (Rs)	Benchmark (Rs)	Additional Benchmark Returns (Rs)
Regular - Growth
Last 1 Year	21.3%	15.0%	26.3%	12,152	11,514	12,651
Since Inception	12.2%	10.3%	14.1%	13,191	12,650	13,713
Direct - Growth
Last 1 Year	23.7%	15.0%	26.3%	12,388	11,514	12,651
Since Inception	14.6%	10.3%	14.1%	13,869	12,650	13,713

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. ITI Banking and Financial Services Fund NAV as on April 30, 2024: Rs. 13.1910 (Regular Growth Option), Rs. 13.8693 (Direct Growth Option)

Period	Amount Invested	Fund Value ()	Fund Returns (%)	Benchmark Value ()	Benchmark Returns (%)	Additional Benchmark Value ()	Additional Benchmark Returns (%)
Regular - Growth
Last 1 Year	120,000	132,819	20.46%	130,456	16.60%	135,650	25.13%
Since Inception	290,000	355,167	17.11%	343,971	14.29%	361,287	18.63%
Direct - Growth
Last 1 Year	120,000	134,213	22.76%	130,456	16.60%	135,650	25.13%
Since Inception	290,000	364,610	19.45%	343,971	14.29%	361,287	18.63%

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).