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):	258.81
AAUM (in Rs. Cr):	260.74
% of top 5 holdings:	54.39%
% of top 10 holdings:	66.30%
No of scrips:	32

Average P/B	2.74
Average P/E	14.54
Portfolio Beta	NA
Portfolio Turnover Ratio	1.91
(P/E ratio taken on net equity level)

	Regular Plan (in Rs.)	Direct Plan (in Rs.)
Growth:	12.8265	13.5078
IDCW:	12.8265	13.5078

Name of the Instrument	% to NAV	% to NAV Derivatives
Equity & Equity Related Total	97.38
Financial Services	97.38
HDFC Bank Limited	17.52
ICICI Bank Limited	15.88
State Bank of India	9.67
Axis Bank Limited	8.09
Kotak Mahindra Bank Limited	3.24
Shriram Finance Limited	2.93
Bajaj Finance Limited	2.69
ICICI Prudential Life Insurance Company Limited	2.11
Power Finance Corporation Limited	2.09
REC Limited	2.08
Aditya Birla Capital Limited	1.99
Muthoot Finance Limited	1.95
City Union Bank Limited	1.82
ICICI Securities Limited	1.77
Indian Bank	1.67
Suryoday Small Finance Bank Limited	1.63
Cholamandalam Investment and Finance Company Ltd	1.60
PB Fintech Limited	1.58
Karur Vysya Bank Limited	1.57
The Federal Bank Limited	1.57
Jio Financial Services Limited	1.53
LIC Housing Finance Limited	1.51
Bank of India	1.44
RBL Bank Limited	1.42
India Shelter Finance Corporation Limited	1.29
Indian Energy Exchange Limited	1.21
DCB Bank Limited	1.21
Go Digit General Insurance Limited	1.04
Canara Bank	1.01
L&T Finance Limited	0.98
Jana Small Finance Bank Limited	0.67
Manappuram Finance Limited	0.64
Short Term Debt & Net Current Assets	2.62

Top Ten Holdings

Period	Fund Returns (%)	Benchmark Returns (%)	Additional Benchmark Returns (%)	Fund (Rs)	Benchmark (Rs)	Additional Benchmark Returns (Rs)
Regular - Growth
Last 1 Year	15.2%	12.7%	22.9%	11,523	11,274	12,302
Since Inception	10.5%	9.9%	13.6%	12,827	12,650	13,717
Direct - Growth
Last 1 Year	17.4%	12.7%	22.9%	11,743	11,274	12,302
Since Inception	12.9%	9.9%	13.6%	13,508	12,650	13,717

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 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 May 31, 2024: Rs. 13.1910 (Regular Growth Option), Rs. 13.8693 (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	127,059	11.10%	128,957	14.14%	133,075	20.83%
Since Inception	300,000	355,056	13.60%	353,964	13.34%	371,374	17.40%
Direct - Growth
Last 1 Year	120,000	128,394	13.23%	128,957	14.14%	133,075	20.83%
Since Inception	300,000	364,824	15.89%	353,964	13.34%	371,374	17.40%

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).