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):	268.29
AAUM (in Rs. Cr):	274.81
% of top 5 holdings:	54.05%
% of top 10 holdings:	66.52%
No of scrips:	31

Standard Deviation^:	13.93%
Beta^:	0.91
*Sharpe Ratio^:**	0.22
Average P/B	3.71
Average P/E	17.71
Portfolio Beta	NA
Portfolio Turnover Ratio	1.45
^Computed for the 3-yr period ended December 31, 2024. Based on monthly return. *Risk free rate: 7.15 (Source: FIMMDA MIBOR) (P/E ratio taken on net equity level

	Regular Plan (in Rs.)	Direct Plan (in Rs.)
Growth:	13.4260	14.2962
IDCW:	13.4260	14.2962

Name of the Instrument	% to NAV	% to NAV Derivatives
Equity & Equity Related Total	93.58
Financial Services	92.50
HDFC Bank Limited	20.19
ICICI Bank Limited	14.19
Kotak Mahindra Bank Limited	6.98
State Bank of India	6.53
Axis Bank Limited	6.16
Bajaj Finance Limited	4.36
Muthoot Finance Limited	2.25
ICICI Securities Limited	2.04
L&T Finance Limited	1.98
Max Financial Services Limited	1.83
One 97 Communications Limited	1.78
Cholamandalam Investment and Finance Company Ltd	1.78
Power Finance Corporation Limited	1.67
Mahindra & Mahindra Financial Services Limited	1.64
Aditya Birla Capital Limited	1.59
Shriram Finance Limited	1.56
Karur Vysya Bank Limited	1.55
HDFC Life Insurance Company Limited	1.49
REC Limited	1.46
Nuvama Wealth Management Limited	1.29
City Union Bank Limited	1.28
LIC Housing Finance Limited	1.23
India Shelter Finance Corporation Limited	1.18
Multi Commodity Exchange of India Limited	1.09
Bajaj Finserv Limited	1.05
SBI Life Insurance Company Limited	0.97
AU Small Finance Bank Limited	0.94
ICICI Lombard General Insurance Company Limited	0.87
Jio Financial Services Limited	0.84
PNB Housing Finance Limited	0.74
Information Technology	1.08
Protean eGov Technologies Limited	1.08
Short Term Debt & Net Current Assets	6.42

Top Ten Holdings

Period	Fund Returns (%)	Benchmark Returns (%)	Additional Benchmark Returns (%)	Fund (Rs)	Benchmark (Rs)	Additional Benchmark Returns (Rs)
Regular - Growth
Last 1 Year	6.65%	10.43%	10.00%	10,671	11,052	11,009
Last 3 Years	10.15%	11.74%	12.16%	13,369	13,956	14,114
Since Inception	10.07%	10.91%	12.83%	13,426	13,745	14,487
Direct - Growth
Last 1 Year	8.69%	10.43%	10.00%	10,876	11,052	11,009
Last 3 Years	12.42%	11.74%	12.16%	14,212	13,956	14,114
Since Inception	12.34%	10.91%	12.83%	14,296	13,745	14,487

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. Since the scheme is in existence for more than 3 years but less than 5 years hence performance data for 5 years and more are not provided.
ITI Banking and Financial Services Fund NAV as on December 31, 2024: Rs. 13.4260 (Regular Growth Option), Rs. 14.2962 (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	1,20,000	1,20,925	1.43%	1,25,816	9.11%	1,21,600	2.48%
Since Inception	3,70,000	4,40,111	11.27%	4,54,322	13.40%	4,59,940	14.23%
Direct - Growth
Last 1 Year	1,20,000	1,22,186	3.39%	1,25,816	9.11%	1,21,600	2.48%
Since Inception	3,70,000	4,55,005	13.50%	4,54,322	13.40%	4,59,940	14.23%

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).