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 Total Return Index
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):	239.33
AAUM (in Rs. Cr):	246.22
% of top 5 holdings:	53.00%
% of top 10 holdings:	65.68%
No of scrips:	29

Average P/B	3.05
Average P/E	20.81
Portfolio Beta	0.90
(P/E ratio taken on net equity level)

	Regular Plan (in Rs.)	Direct Plan (in Rs.)
Growth:	11.3565	11.8283
IDCW:	11.3565	11.8283

Name of the Instrument	% to NAV	% to NAV Derivatives
Equity & Equity Related Total	92.84
Financial Services	92.84
HDFC Bank Limited	19.34
ICICI Bank Limited	13.39
Axis Bank Limited	8.49
State Bank of India	6.39
Bajaj Finance Limited	5.39
Kotak Mahindra Bank Limited	3.77
LIC Housing Finance Limited	2.44
Cholamandalam Investment and Finance Company Limited	2.38
HDFC Life Insurance Company Limited	2.10
The Federal Bank Limited	2.00
Ujjivan Financial Services Limited	1.99
L&T Finance Holdings Limited	1.95
Equitas Small Finance Bank Limited	1.94
Power Finance Corporation Limited	1.93
Canara Bank	1.93
RBL Bank Limited	1.85
Suryoday Small Finance Bank Limited	1.59
IndusInd Bank Limited	1.54
Max Financial Services Limited	1.50
Punjab National Bank	1.49
Cholamandalam Financial Holdings Limited	1.45
HDFC Asset Management Company Limited	1.42
BSE Limited	1.25
Jio Financial Services Limited	1.14
Union Bank of India	1.10
Bajaj Finserv Limited	1.00
SBI Life Insurance Company Limited	0.97
Aptus Value Housing Finance India Limited	0.97
Home First Finance Company India Limited	0.16
Short Term Debt & Net Current Assets	7.16

Top Ten Holdings

Period	Fund Returns (%)	Benchmark Returns (%)	Additional Benchmark Returns (%)	Fund (Rs)	Benchmark (Rs)	Additional Benchmark Returns (Rs)
Regular - Growth
Last 1 Year	5.9%	4.6%	7.0%	10,590	10,455	10,701
Since Inception	6.9%	5.7%	7.9%	11,357	11,110	11,546
Direct - Growth
Last 1 Year	8.0%	4.6%	7.0%	10,805	10,455	10,701
Since Inception	9.2%	5.7%	7.9%	11,828	11,110	11,546

Past performance may or may not be sustained in future. 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 2023) and Mr. Rohan Korde (Managing since 29-Apr-22). Inception date of the scheme (06-Dec-21). Face Value per unit: Rs. 10.

Period	Amount Invested	Fund Value ()	Fund Returns (%)	Benchmark Value ()	Benchmark Returns (%)	Additional Benchmark Value ()	Additional Benchmark Returns (%)
Regular - Growth
Last 1 Year	1,20,000	1,23,003	4.7%	1,21,148	1.8%	1,24,691	7.3%
Since Inception	2,30,000	2,50,457	8.8%	2,46,000	6.9%	2,50,186	8.7%
Direct - Growth
Last 1 Year	1,20,000	1,24,328	6.8%	1,21,148	1.8%	1,24,691	7.3%
Since Inception	2,30,000	2,55,852	11.1%	2,46,000	6.9%	2,50,186	8.7%

Past performance may or may not be sustained in future. 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).