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: 0.40%
Fund Manager	Mr. Nilay Dalal (Since 05 May 2023) Total Experience : 12 years Mr. Rohan Korde (Since 29-Apr-22) Total Experience: 17 years

AUM (in Rs. Cr):	301.88
AAUM (in Rs. Cr):	308.32
% of top 5 holdings:	57.65%
% of top 10 holdings:	70.61 %
No of scrips:	34

Standard Deviation^:	14.73%
Beta^:	0.95
*Sharpe Ratio^:**	0.58
Average P/B	3.57
Average P/E	19.28
Portfolio Turnover Ratio	1.23
^Computed for the 3-yr period ended August 29, 2025. Based on monthly return. *Risk free rate: 5.54 (Source: FIMMDA MIBOR) (P/E ratio taken on net equity level)

	Regular Plan (in Rs.)	Direct Plan (in Rs.)
Growth:	14.4072	15.5232
IDCW:	14.4072	15.5232

Name of the Instrument	% to NAV	% to NAV Derivatives
Equity & Equity Related Total	96.42
Financial Services	96.42
HDFC Bank Limited	24.22
ICICI Bank Limited	11.29
Axis Bank Limited	7.45
State Bank of India	7.45
Kotak Mahindra Bank Limited	7.24
Bajaj Finance Limited	4.24
HDFC Life Insurance Company Limited	2.78
RBL Bank Limited	2.16
PNB Housing Finance Limited	1.99
Jio Financial Services Limited	1.79
Max Financial Services Limited	1.54
IIFL Finance Limited	1.47
Nippon Life India Asset Management Limited	1.47
Home First Finance Company India Limited	1.42
SBI Life Insurance Company Limited	1.32
IndusInd Bank Limited	1.25
HDB Financial Services Limited	1.17
Manappuram Finance Limited	1.04
Aditya Birla Capital Limited	1.03
IDFC First Bank Limited	1.03
AU Small Finance Bank Limited	1.01
The South Indian Bank Limited	1.01
L&T Finance Limited	1.00
Piramal Enterprises Limited	1.00
Housing & Urban Development Corporation Limited	1.00
Go Digit General Insurance Limited	0.99
Multi Commodity Exchange of India Limited	0.98
City Union Bank Limited	0.97
KFin Technologies Limited	0.97
Motilal Oswal Financial Services Limited	0.95
CSB Bank Limited	0.95
Nuvama Wealth Management Limited	0.95
Shriram Finance Limited	0.83
Cholamandalam Investment and Finance Company Ltd	0.47
Short Term Debt & Net Current Assets	3.58

Top Ten Holdings

Period	Fund Returns (%)	Benchmark Returns (%)	Additional Benchmark Returns (%)	Fund (Rs)	Benchmark (Rs)	Additional Benchmark Returns (Rs)
Regular - Growth
Last 1 Year	4.36%	9.26%	-2.01%	10,434	10,924	9,799
Last 3 Years	11.11%	13.02%	12.49%	13,716	14,436	14,236
Since Inception	10.28%	11.65%	11.73%	14,407	15,088	15,127
Direct - Growth
Last 1 Year	6.27%	9.26%	-2.01%	10,625	10,924	9,799
Last 3 Years	13.27%	13.02%	12.49%	14,531	14,436	14,236
Since Inception	12.51%	11.65%	11.73%	15,523	15,088	15,127

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 5 years period has not been provided, since scheme is in existence for less than 5 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 29, 2025: Rs. 14.4072 (Regular Growth Option), Rs. 15.5232 (Direct Growth Option)

Period	Amount Invested	Fund Returns (%)	Benchmark Returns (%)	Additional Benchmark Returns (%)	Fund Value ()	Benchmark Value ()	Additional Benchmark Value ()
Regular - Growth
Last 1 Year	1,20,000	5.86%	8.93%	3.41%	1,23,707	1,25,627	1,22,166
Last 3 Year	3,60,000	10.44%	13.77%	11.54%	4,20,827	4,41,532	4,27,549
Since Inception	4,50,000	11.15%	13.76%	11.97%	5,54,277	5,81,266	5,62,593
Direct - Growth
Last 1 Year	1,20,000	7.78%	8.93%	3.41%	1,24,909	1,25,627	1,22,166
Last 3 Year	3,60,000	12.55%	13.77%	11.54%	4,33,884	4,41,532	4,27,549
Since Inception	4,50,000	13.32%	13.76%	11.97%	5,76,604	5,81,266	5,62,593

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).