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: If redeemed/Switched out on or before 3 Months from the date of allotment; Exit Load is 0.50% Exit Load after completion of 3 months - NIL
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):	363.50
AAUM (in Rs. Cr):	359.75
% of top 5 holdings:	50.21%
% of top 10 holdings:	68.29%
No of scrips:	33

Standard Deviation^:	11.72%
Beta^:	0.94
*Sharpe Ratio^:**	0.89
Average P/B	4.41
Average P/E	20.08
Portfolio Turnover Ratio	1.91
^Computed for the 3-yr period ended January 30, 2026. Based on monthly return. *Risk free rate: 5.53 (Source: FIMMDA MIBOR) (P/E ratio taken on net equity level)

	Regular Plan (in Rs.)	Direct Plan (in Rs.)
Growth:	16.1237	17.5159
IDCW:	16.1237	17.5159

Name of the Instrument	% to NAV	% to NAV Derivatives
Equity & Equity Related Total	92.77
Financial Services	92.77
ICICI Bank Limited	13.38
State Bank of India	10.04
Axis Bank Limited	9.91
HDFC Bank Limited	9.08
Kotak Mahindra Bank Limited	7.81
Shriram Finance Limited	4.83
Bajaj Finance Limited	4.53
BSE Limited	4.44
SBI Life Insurance Company Limited	2.73
Equitas Small Finance Bank Limited	1.55
Mahindra & Mahindra Financial Services Limited	1.49
Bank of Maharashtra	1.48
IIFL Finance Limited	1.48
Bank of Baroda	1.47
PNB Housing Finance Limited	1.39
Muthoot Finance Limited	1.21
ICICI Prudential Life Insurance Company Limited	1.12
ICICI Prudential Asset Management Company Limited	1.06
Indian Bank	1.03
Can Fin Homes Limited	1.03
The South Indian Bank Limited	1.02
Ujjivan Small Finance Bank Limited	1.02
CreditAccess Grameen Limited	1.01
IndusInd Bank Limited	1.00
IDFC First Bank Limited	1.00
One 97 Communications Limited	0.99
Cholamandalam Investment and Finance Company Ltd	0.99
Bank of India	0.97
Aditya Birla Capital Limited	0.97
Aptus Value Housing Finance India Limited	0.95
Multi Commodity Exchange of India Limited	0.94
AU Small Finance Bank Limited	0.79
Canara Bank	0.05
Short Term Debt & Net Current Assets	7.23

Top Ten Holdings

Period	Fund Returns (%)	Benchmark Returns (%)	Additional Benchmark Returns (%)	Fund (Rs)	Benchmark (Rs)	Additional Benchmark Returns (Rs)
Regular - Growth
Last 1 Year	22.02%	18.91%	9.00%	12,195	11,885	10,897
Last 3 Years	15.67%	15.86%	14.08%	15,475	15,554	14,848
Since Inception	12.19%	12.21%	11.50%	16,124	16,135	15,717
Direct - Growth
Last 1 Year	24.29%	18.91%	9.00%	12,422	11,885	10,897
Last 3 Years	17.88%	15.86%	14.08%	16,378	15,554	14,848
Since Inception	14.45%	12.21%	11.50%	17,516	16,135	15,717

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 January 30, 2026: Rs. 16.1237 (Regular Growth Option), Rs. 17.5159 (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	18.68%	11.51%	6.99%	1,31,745	1,27,306	1,24,466
Last 3 Year	3,60,000	14.61%	14.51%	10.37%	4,47,186	4,46,566	4,20,594
Since Inception	5,00,000	14.27%	14.27%	11.41%	6,72,238	6,72,303	6,34,237
Direct - Growth
Last 1 Year	1,20,000	20.95%	11.51%	6.99%	1,33,129	1,27,306	1,24,466
Last 3 Year	3,60,000	16.78%	14.51%	10.37%	4,61,196	4,46,566	4,20,594
Since Inception	5,00,000	16.47%	14.27%	11.41%	7,02,799	6,72,303	6,34,237

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).