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):	271.75
AAUM (in Rs. Cr):	267.31
% of top 5 holdings:	55.56%
% of top 10 holdings:	67.42%
No of scrips:	32

Standard Deviation^:	NA
Beta^:	NA
*Sharpe Ratio^:**	NA
Average P/B	3.84
Average P/E	17.86
Portfolio Beta	NA
Portfolio Turnover Ratio	1.50
^Scheme has not completed 3 years hence NA *Risk free rate: 6.76 (Source: FIMMDA MIBOR) (P/E ratio taken on net equity level)

	Regular Plan (in Rs.)	Direct Plan (in Rs.)
Growth:	13.6638	14.5251
IDCW:	13.6638	14.5251

Name of the Instrument	% to NAV	% to NAV Derivatives
Equity & Equity Related Total	95.04
Financial Services	94.06
HDFC Bank Limited	20.19
ICICI Bank Limited	14.21
Axis Bank Limited	7.54
Kotak Mahindra Bank Limited	6.81
State Bank of India	6.80
Bajaj Finance Limited	4.15
ICICI Securities Limited	2.06
Muthoot Finance Limited	1.99
Max Financial Services Limited	1.84
Cholamandalam Investment and Finance Company Ltd	1.83
Power Finance Corporation Limited	1.82
Aditya Birla Capital Limited	1.72
Mahindra & Mahindra Financial Services Limited	1.67
Karur Vysya Bank Limited	1.67
Shriram Finance Limited	1.61
HDFC Life Insurance Company Limited	1.57
One 97 Communications Limited	1.56
REC Limited	1.53
City Union Bank Limited	1.32
LIC Housing Finance Limited	1.29
Nuvama Wealth Management Limited	1.21
Multi Commodity Exchange of India Limited	1.06
India Shelter Finance Corporation Limited	1.06
Bajaj Finserv Limited	1.05
L&T Finance Limited	1.02
PB Fintech Limited	1.00
SBI Life Insurance Company Limited	0.99
AU Small Finance Bank Limited	0.96
Jio Financial Services Limited	0.91
ICICI Lombard General Insurance Company Limited	0.89
PNB Housing Finance Limited	0.74
Information Technology	0.98
Protean eGov Technologies Limited	0.98
Short Term Debt & Net Current Assets	4.96

Top Ten Holdings

Period	Fund Returns (%)	Benchmark Returns (%)	Additional Benchmark Returns (%)	Fund (Rs)	Benchmark (Rs)	Additional Benchmark Returns (Rs)
Regular - Growth
Last 1 Year	15.10%	20.92%	21.27%	11,510	12,092	12,127
Since Inception	11.03%	12.03%	14.00%	13,664	14,036	14,785
Direct - Growth
Last 1 Year	17.29%	20.92%	21.27%	11,729	12,092	12,127
Since Inception	13.33%	12.03%	14.00%	14,525	14,036	14,785

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 1 year but less than 3 years hence performance data for 3 & 5 years and more are not provided.
ITI Banking and Financial Services Fund NAV as on November 29, 2024: Rs. 13.6638 (Regular Growth Option), Rs. 14.5251 (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	120000	124503	7.08%	130502	16.74%	126207	9.80%
Since Inception	360000	437928	13.18%	453957	15.69%	459459	16.54%
Direct - Growth
Last 1 Year	120000	125797	9.14%	130502	16.74%	126207	9.80%
Since Inception	360000	452313	15.43%	453957	15.69%	459459	16.54%

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).