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):	270.65
AAUM (in Rs. Cr):	263.84
% of top 5 holdings:	53.50%
% of top 10 holdings:	65.23%
No of scrips:	32

Average P/B	3.04
Average P/E	16.33
Portfolio Beta	NA
Portfolio Turnover Ratio	1.84
^Scheme has not completed 3 years hence NA *Risk free rate: 6.86 (Source: FIMMDA MIBOR) (P/E ratio taken on net equity level)

	Regular Plan (in Rs.)	Direct Plan (in Rs.)
Growth:	13.6757	14.4230
IDCW:	13.6757	14.4230

Name of the Instrument	% to NAV	% to NAV Derivatives
Equity & Equity Related Total	95.65
Financial Services	95.65
HDFC Bank Limited	18.42
ICICI Bank Limited	14.14
Axis Bank Limited	9.45
State Bank of India	8.51
Shriram Finance Limited	2.97
Kotak Mahindra Bank Limited	2.79
Bajaj Finance Limited	2.73
ICICI Prudential Life Insurance Company Limited	2.24
Muthoot Finance Limited	1.99
City Union Bank Limited	1.98
RBL Bank Limited	1.94
L&T Finance Limited	1.94
Aditya Birla Capital Limited	1.92
Mahindra & Mahindra Financial Services Limited	1.87
Power Finance Corporation Limited	1.79
ICICI Securities Limited	1.79
Cholamandalam Investment and Finance Company Ltd	1.75
PB Fintech Limited	1.63
Karur Vysya Bank Limited	1.57
The Federal Bank Limited	1.48
Suryoday Small Finance Bank Limited	1.39
Indian Energy Exchange Limited	1.37
DCB Bank Limited	1.25
India Shelter Finance Corporation Limited	1.23
Go Digit General Insurance Limited	1.12
LIC Housing Finance Limited	1.03
Jio Financial Services Limited	0.99
Canara Bank	0.98
IndusInd Bank Limited	0.95
Bank of Baroda	0.94
Manappuram Finance Limited	0.75
Jana Small Finance Bank Limited	0.74
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	16.9%	17.9%	26.7%	11,687	11,789	12,666
Since Inception	13.0%	12.9%	16.1%	13,676	13,651	14,645
Direct - Growth
Last 1 Year	19.2%	17.9%	26.7%	11,909	11,789	12,666
Since Inception	15.4%	12.9%	16.1%	14,423	13,651	14,645

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. ITI Banking and Financial Services Fund NAV as on June 28, 2024: Rs. 13.6757 (Regular Growth Option), Rs. 14.4230 (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	120,000	133,386	21.65%	137,291	28.20%	139,256	31.54%
Since Inception	310,000	388,786	17.98%	392,350	18.75%	406,854	21.81%
Direct - Growth
Last 1 Year	120,000	134,768	23.96%	137,291	28.20%	139,256	31.54%
Since Inception	310,000	399,778	20.32%	392,350	18.75%	406,854	21.81%

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).