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):	268.28
AAUM (in Rs. Cr):	266.87
% of top 5 holdings:	56.34%
% of top 10 holdings:	69.16%
No of scrips:	32

Standard Deviation^:	NA
Beta^:	NA
*Sharpe Ratio^:**	NA
Average P/B	3.69
Average P/E	17.98
Portfolio Beta	NA
Portfolio Turnover Ratio	1.66
^Scheme has not completed 3 years hence NA *Risk free rate: 6.61 (Source: FIMMDA MIBOR) (P/E ratio taken on net equity level)

	Regular Plan (in Rs.)	Direct Plan (in Rs.)
Growth:	13.6398	14.4782
IDCW:	13.6398	14.4782

Name of the Instrument	% to NAV	% to NAV Derivatives
Equity & Equity Related Total	97.98
Financial Services	96.94
HDFC Bank Limited	20.74
ICICI Bank Limited	14.31
Axis Bank Limited	7.80
Kotak Mahindra Bank Limited	6.76
State Bank of India	6.74
Bajaj Finance Limited	4.40
One 97 Communications Limited	2.21
Max Financial Services Limited	2.11
ICICI Securities Limited	2.07
Muthoot Finance Limited	2.03
Cholamandalam Investment and Finance Company Ltd	1.91
Aditya Birla Capital Limited	1.82
HDFC Life Insurance Company Limited	1.74
Power Finance Corporation Limited	1.70
Shriram Finance Limited	1.69
Mahindra & Mahindra Financial Services Limited	1.68
Karur Vysya Bank Limited	1.61
REC Limited	1.52
City Union Bank Limited	1.31
Nuvama Wealth Management Limited	1.30
LIC Housing Finance Limited	1.29
Bajaj Finserv Limited	1.17
Multi Commodity Exchange of India Limited	1.13
India Shelter Finance Corporation Limited	1.13
SBI Life Insurance Company Limited	1.13
L&T Finance Limited	1.06
AU Small Finance Bank Limited	1.03
ICICI Lombard General Insurance Company Limited	0.93
PB Fintech Limited	0.91
Jio Financial Services Limited	0.90
PNB Housing Finance Limited	0.81
Information Technology	1.04
Protean eGov Technologies Limited	1.04
Short Term Debt & Net Current Assets	2.02

Top Ten Holdings

Period	Fund Returns (%)	Benchmark Returns (%)	Additional Benchmark Returns (%)	Fund (Rs)	Benchmark (Rs)	Additional Benchmark Returns (Rs)
Regular - Growth
Last 1 Year	20.05%	25.56%	28.30%	12,011	12,563	12,839
Since Inception	11.28%	12.17%	14.52%	13,640	13,958	14,823
Direct - Growth
Last 1 Year	22.34%	25.56%	28.30%	12,240	12,563	12,839
Since Inception	13.59%	12.17%	14.52%	14,478	13,958	14,823

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 years 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 October 31, 2024: Rs. 13.6398 (Regular Growth Option), Rs. 14.4782 (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	1,20,000	1,26,267	9.80%	1,32,285	19.47%	1,29,344	14.72%
Since Inception	3,50,000	4,27,080	13.75%	4,41,345	16.11%	4,50,554	17.61%
Direct - Growth
Last 1 Year	1,20,000	1,27,606	11.93%	1,32,285	19.47%	1,29,344	14.72%
Since Inception	3,50,000	4,40,776	16.02%	4,41,345	16.11%	4,50,554	17.61%

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).