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: 0.40%
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):	333.18
AAUM (in Rs. Cr):	325.97
% of top 5 holdings:	54.47%
% of top 10 holdings:	68.49%
No of scrips:	34

Standard Deviation^:	12.29%
Beta^:	0.94
*Sharpe Ratio^:**	0.63
Average P/B	4.00
Average P/E	19.15
Portfolio Turnover Ratio	1.38
^Computed for the 3-yr period ended October 31, 2025. Based on monthly return. *Risk free rate: 5.69 (Source: FIMMDA MIBOR) (P/E ratio taken on net equity level)

	Regular Plan (in Rs.)	Direct Plan (in Rs.)
Growth:	15.7059	16.9798
IDCW:	15.7059	16.9798

Name of the Instrument	% to NAV	% to NAV Derivatives
Equity & Equity Related Total	97.40
Financial Services	97.40
HDFC Bank Limited	20.06
ICICI Bank Limited	9.84
State Bank of India	8.83
Axis Bank Limited	8.35
Kotak Mahindra Bank Limited	7.38
Bajaj Finance Limited	4.93
Shriram Finance Limited	2.90
SBI Life Insurance Company Limited	2.39
One 97 Communications Limited	1.99
Aptus Value Housing Finance India Limited	1.81
Aditya Birla Capital Limited	1.78
IIFL Finance Limited	1.73
PB Fintech Limited	1.57
Nippon Life India Asset Management Limited	1.54
PNB Housing Finance Limited	1.51
BSE Limited	1.50
City Union Bank Limited	1.49
IDFC First Bank Limited	1.42
The Federal Bank Limited	1.27
Canara Bank	1.25
Muthoot Finance Limited	1.20
Motilal Oswal Financial Services Limited	1.11
Can Fin Homes Limited	1.04
Punjab National Bank	1.03
Bank of Baroda	1.02
Go Digit General Insurance Limited	1.02
Housing & Urban Development Corporation Limited	1.01
Max Financial Services Limited	1.00
RBL Bank Limited	1.00
Ujjivan Small Finance Bank Limited	1.00
Bajaj Finserv Limited	0.97
Mahindra & Mahindra Financial Services Limited	0.97
Anand Rathi Share & Stock Brokers Ltd	0.95
L&T Finance Limited	0.53
Short Term Debt & Net Current Assets	2.60

Top Ten Holdings

Period	Fund Returns (%)	Benchmark Returns (%)	Additional Benchmark Returns (%)	Fund (Rs)	Benchmark (Rs)	Additional Benchmark Returns (Rs)
Regular - Growth
Last 1 Year	15.15%	14.75%	7.59%	11,515	11,475	10,759
Last 3 Years	13.55%	14.64%	13.90%	14,646	15,073	14,781
Since Inception	12.26%	12.83%	12.70%	15,706	16,018	15,948
Direct - Growth
Last 1 Year	17.28%	14.75%	7.59%	11,728	11,475	10,759
Last 3 Years	15.74%	14.64%	13.90%	15,511	15,073	14,781
Since Inception	14.52%	12.83%	12.70%	16,980	16,018	15,948

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 October 31, 2025: Rs. 15.7059 (Regular Growth Option), Rs. 16.9798 (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	22.01%	18.19%	14.55%	1,33,779	1,31,448	1,29,199
Last 3 Year	3,60,000	14.93%	16.26%	13.57%	4,49,283	4,57,911	4,40,594
Since Inception	4,70,000	14.69%	15.72%	13.70%	6,25,551	6,37,912	6,13,940
Direct - Growth
Last 1 Year	1,20,000	24.24%	18.19%	14.55%	1,35,134	1,31,448	1,29,199
Last 3 Year	3,60,000	17.08%	16.26%	13.57%	4,63,265	4,57,911	4,40,594
Since Inception	4,70,000	16.89%	15.72%	13.70%	6,52,069	6,37,912	6,13,940

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).