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):	257.24
AAUM (in Rs. Cr):	256.50
% of top 5 holdings:	51.72%
% of top 10 holdings:	63.78%
No of scrips:	33

Average P/B	3.39
Average P/E	29.45
Portfolio Beta	0.81
(P/E ratio taken on net equity level)

	Regular Plan (in Rs.)	Direct Plan (in Rs.)
Growth:	12.5817	13.1445
IDCW:	12.5817	13.1445

Name of the Instrument	% to NAV	% to NAV Derivatives
Equity & Equity Related Total	95.65
Financial Services	95.65
HDFC Bank Limited	19.24
ICICI Bank Limited	13.64
Axis Bank Limited	7.31
State Bank of India	6.75
Kotak Mahindra Bank Limited	4.78
SBI Life Insurance Company Limited	2.90
Power Finance Corporation Limited	2.79
HDFC Life Insurance Company Limited	2.25
Karur Vysya Bank Limited	2.09
Equitas Small Finance Bank Limited	2.05
ICICI Lombard General Insurance Company Limited	1.99
The Federal Bank Limited	1.96
IndusInd Bank Limited	1.85
Muthoot Finance Limited	1.66
India Shelter Finance Corporation Limited	1.66
Bajaj Finance Limited	1.63
L&T Finance Holdings Limited	1.55
HDFC Asset Management Company Limited	1.54
Bank of India	1.53
Canara Bank	1.53
Manappuram Finance Limited	1.50
Suryoday Small Finance Bank Limited	1.49
Indian Bank	1.45
Max Financial Services Limited	1.38
Cholamandalam Financial Holdings Limited	1.23
Jio Financial Services Limited	1.13
Punjab National Bank	1.09
Bajaj Finserv Limited	1.00
Aptus Value Housing Finance India Limited	0.99
Cholamandalam Investment and Finance Company Ltd	0.97
Central Depository Services (India) Limited	0.92
PNB Housing Finance Limited	0.91
BSE Limited	0.90
Short Term Debt & Net Current Assets	4.35

Top Ten Holdings

Period	Fund Returns (%)	Benchmark Returns (%)	Additional Benchmark Returns (%)	Fund (Rs)	Benchmark (Rs)	Additional Benchmark Returns (Rs)
Regular - Growth
Last 1 Year	14.6%	14.4%	21.4%	11,457	11,431	12,130
Since Inception	11.8%	11.2%	14.2%	12,582	12,437	13,160
Direct - Growth
Last 1 Year	16.9%	14.4%	21.4%	11,685	11,431	12,130
Since Inception	14.2%	11.2%	14.2%	13,145	12,437	13,160

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.

Period	Amount Invested	Fund Value ()	Fund Returns (%)	Benchmark Value ()	Benchmark Returns (%)	Additional Benchmark Value ()	Additional Benchmark Returns (%)
Regular - Growth
Last 1 Year	1,20,000	1,34,913	24.1%	1,34,617	23.6%	1,40,517	33.5%
Since Inception	2,50,000	2,99,114	17.6%	2,97,245	17.0%	3,07,333	20.5%
Direct - Growth
Last 1 Year	1,20,000	1,36,336	26.5%	1,34,617	23.6%	1,40,517	33.5%
Since Inception	2,50,000	3,06,007	20.0%	2,97,245	17.0%	3,07,333	20.5%

Past performance may or may not be sustained in future and is not a guarantee of future 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. 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).