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: 2.38% Direct Plan: 0.66%
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):	306.69
AAUM (in Rs. Cr):	303.08
% of top 5 holdings:	58.88%
% of top 10 holdings:	72.05%
No of scrips:	30

Standard Deviation^:	14.31%
Beta^:	0.94
*Sharpe Ratio^:**	0.66
Average P/B	4.32
Average P/E	19.22
Portfolio Turnover Ratio	1.03
^Computed for the 3-yr period ended May 30, 2025. Based on monthly return. *Risk free rate: 5.86 (Source: FIMMDA MIBOR) (P/E ratio taken on net equity level)

	Regular Plan (in Rs.)	Direct Plan (in Rs.)
Growth:	14.8529	15.9348
IDCW:	14.8529	15.9348

Name of the Instrument	% to NAV	% to NAV Derivatives
Equity & Equity Related Total	94.33
Financial Services	93.86
HDFC Bank Limited	23.38
ICICI Bank Limited	13.48
Axis Bank Limited	8.84
State Bank of India	7.43
Bajaj Finance Limited	5.76
Kotak Mahindra Bank Limited	4.51
Bajaj Finserv Limited	2.41
PNB Housing Finance Limited	2.13
HDFC Life Insurance Company Limited	2.09
SBI Life Insurance Company Limited	2.03
Shriram Finance Limited	1.88
Cholamandalam Investment and Finance Company Ltd	1.80
L&T Finance Limited	1.49
Jio Financial Services Limited	1.45
IIFL Finance Limited	1.38
RBL Bank Limited	1.24
Nuvama Wealth Management Limited	1.23
Manappuram Finance Limited	1.13
Housing & Urban Development Corporation Limited	1.02
PB Fintech Limited	1.02
Aditya Birla Capital Limited	1.01
DCB Bank Limited	1.01
IDFC First Bank Limited	0.98
City Union Bank Limited	0.97
Ujjivan Small Finance Bank Limited	0.95
Aditya Birla Sun Life AMC Limited	0.95
One 97 Communications Limited	0.93
India Shelter Finance Corporation Limited	0.88
Aptus Value Housing Finance India Limited	0.49
Information Technology	0.47
Protean eGov Technologies Limited	0.47
Short Term Debt & Net Current Assets	5.67

Top Ten Holdings

Period	Fund Returns (%)	Benchmark Returns (%)	Additional Benchmark Returns (%)	Fund (Rs)	Benchmark (Rs)	Additional Benchmark Returns (Rs)
Regular - Growth
Last 1 Year	15.85%	22.83%	11.11%	11,580	12,276	11,108
Last 3 Years	15.89%	18.12%	15.56%	15,564	16,480	15,432
Since Inception	12.03%	13.47%	12.85%	14,853	15,529	15,236
Direct - Growth
Last 1 Year	18.02%	22.83%	11.11%	11,797	12,276	11,108
Last 3 Years	18.20%	18.12%	15.56%	16,513	16,480	15,432
Since Inception	14.32%	13.47%	12.85%	15,935	15,529	15,236

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 May 30, 2025: Rs. 14.8529 (Regular Growth Option), Rs. 15.9348 (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	16.94%	22.67%	6.98%	1,30,562	1,34,029	1,24,417
Last 3 Year	3,60,000	15.21%	18.76%	14.67%	4,50,757	4,73,986	4,47,338
Since Inception	4,20,000	14.70%	17.60%	14.18%	5,41,712	5,68,548	5,36,923
Direct - Growth
Last 1 Year	1,20,000	19.06%	22.67%	6.98%	1,31,852	1,34,029	1,24,417
Last 3 Year	3,60,000	17.41%	18.76%	14.67%	4,65,090	4,73,986	4,47,338
Since Inception	4,20,000	16.93%	17.60%	14.18%	5,62,226	5,68,548	5,36,923

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).