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):	265.73
AAUM (in Rs. Cr):	263.76
% of top 5 holdings:	56.00%
% of top 10 holdings:	67.28%
No of scrips:	31

Average P/B	4.02
Average P/E	17.50
Portfolio Beta	NA
Portfolio Turnover Ratio	1.75
^Scheme has not completed 3 years hence NA *Risk free rate: 6.80 (Source: FIMMDA MIBOR) (P/E ratio taken on net equity level)

	Regular Plan (in Rs.)	Direct Plan (in Rs.)
Growth:	13.8074	14.6097
IDCW:	13.8074	14.6097

Name of the Instrument	% to NAV	% to NAV Derivatives
Equity & Equity Related Total	97.74
Financial Services	97.74
HDFC Bank Limited	23.78
ICICI Bank Limited	13.74
Axis Bank Limited	7.48
State Bank of India	7.19
Kotak Mahindra Bank Limited	3.81
SBI Life Insurance Company Limited	2.55
Shriram Finance Limited	2.51
RBL Bank Limited	2.08
Power Finance Corporation Limited	2.07
Muthoot Finance Limited	2.06
Cholamandalam Investment and Finance Company Ltd	2.04
ICICI Securities Limited	1.98
PNB Housing Finance Limited	1.97
Max Financial Services Limited	1.93
Aditya Birla Capital Limited	1.91
Indian Energy Exchange Limited	1.78
Multi Commodity Exchange of India Limited	1.76
ICICI Prudential Life Insurance Company Limited	1.75
L&T Finance Limited	1.75
PB Fintech Limited	1.52
Karur Vysya Bank Limited	1.50
REC Limited	1.49
Protean eGov Technologies Limited	1.24
Mahindra & Mahindra Financial Services Limited	1.21
Go Digit General Insurance Limited	1.10
Bajaj Finance Limited	1.08
India Shelter Finance Corporation Limited	1.05
Manappuram Finance Limited	1.00
Suryoday Small Finance Bank Limited	0.96
Jio Financial Services Limited	0.91
The Federal Bank Limited	0.53
Short Term Debt & Net Current Assets	2.26

Top Ten Holdings

Period	Fund Returns (%)	Benchmark Returns (%)	Additional Benchmark Returns (%)	Fund (Rs)	Benchmark (Rs)	Additional Benchmark Returns (Rs)
Regular - Growth
Last 1 Year	19.0%	21.8%	32.6%	11,899	12,183	13,264
Since Inception	12.5%	12.5%	17.2%	13,807	13,813	15,437
Direct - Growth
Last 1 Year	21.3%	21.8%	32.6%	12,126	12,183	13,264
Since Inception	14.9%	12.5%	17.2%	14,610	13,813	15,437

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 August 30, 2024: Rs. 13.8074 (Regular Growth Option), Rs. 14.6097 (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	120000	131538	18.37%	135464	24.83%	141155	34.36%
Since Inception	330000	412645	16.53%	417116	17.36%	449459	23.24%
Direct - Growth
Last 1 Year	120000	132928	20.64%	135464	24.83%	141155	34.36%
Since Inception	330000	425114	18.84%	417116	17.36%	449459	23.24%

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).