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: 2.36% Direct Plan: 0.56%
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):	259.84
AAUM (in Rs. Cr):	264.30
% of top 5 holdings:	60.07%
% of top 10 holdings:	74.68%
No of scrips:	31

Standard Deviation^:	15.52%
Beta^:	0.92
*Sharpe Ratio^:**	0.29
Average P/B	4.11
Average P/E	15.52
Portfolio Beta	NA
Portfolio Turnover Ratio	1.50
^Computed for the 3-yr period ended February 28, 2025. Based on monthly return. *Risk free rate: 6.40 (Source: FIMMDA MIBOR) (P/E ratio taken on net equity level)

	Regular Plan (in Rs.)	Direct Plan (in Rs.)
Growth:	12.8968	13.7747
IDCW:	12.8968	13.7747

Name of the Instrument	% to NAV	% to NAV Derivatives
Equity & Equity Related Total	97.48
Financial Services	96.72
HDFC Bank Limited	25.32
ICICI Bank Limited	13.86
Kotak Mahindra Bank Limited	7.48
State Bank of India	6.74
Axis Bank Limited	6.67
Bajaj Finance Limited	6.14
Bajaj Finserv Limited	2.68
Cholamandalam Investment and Finance Company Ltd	2.06
ICICI Securities Limited	1.98
Muthoot Finance Limited	1.76
HDFC Life Insurance Company Limited	1.71
Shriram Finance Limited	1.61
Mahindra & Mahindra Financial Services Limited	1.54
Power Finance Corporation Limited	1.49
Can Fin Homes Limited	1.42
L&T Finance Limited	1.40
SBI Life Insurance Company Limited	1.37
City Union Bank Limited	1.29
Aditya Birla Capital Limited	1.09
REC Limited	1.08
Nuvama Wealth Management Limited	1.04
India Shelter Finance Corporation Limited	0.99
The Federal Bank Limited	0.96
Multi Commodity Exchange of India Limited	0.87
ICICI Lombard General Insurance Company Limited	0.85
PNB Housing Finance Limited	0.84
Housing & Urban Development Corporation Limited	0.83
Jio Financial Services Limited	0.78
Manappuram Finance Limited	0.60
Karur Vysya Bank Limited	0.27
Information Technology	0.76
Protean eGov Technologies Limited	0.76
Short Term Debt & Net Current Assets	2.52

Top Ten Holdings

Period	Fund Returns (%)	Benchmark Returns (%)	Additional Benchmark Returns (%)	Fund (Rs)	Benchmark (Rs)	Additional Benchmark Returns (Rs)
Regular - Growth
Last 1 Year	1.81%	13.98%	1.89%	10,181	11,398	10,189
Last 3 Years	10.91%	11.82%	10.92%	13,648	13,987	13,652
Since Inception	8.19%	9.65%	9.95%	12,897	13,468	13,588
Direct - Growth
Last 1 Year	3.75%	13.98%	1.89%	10,375	11,398	10,189
Last 3 Years	13.18%	11.82%	10.92%	14,501	13,987	13,652
Since Inception	10.41%	9.65%	9.95%	13,775	13,468	13,588

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 February 28, 2025: Rs. 12.8968 (Regular Growth Option), Rs. 13.7747 (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	-7.66%	1.26%	-11.93%	1,15,036	1,20,806	1,12,215
Last 3 Year	3,60,000	7.60%	11.10%	8.74%	4,03,694	4,24,937	4,10,521
Since Inception	3,90,000	7.70%	10.84%	8.82%	4,42,164	4,64,871	4,50,209
Direct - Growth
Last 1 Year	1,20,000	-5.87%	1.26%	-11.93%	1,16,209	1,20,806	1,12,215
Last 3 Year	3,60,000	9.78%	11.10%	8.74%	4,16,834	4,24,937	4,10,521
Since Inception	3,90,000	9.88%	10.84%	8.82%	4,57,849	4,64,871	4,50,209

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).