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):	253.22
AAUM (in Rs. Cr):	253.83
% of top 5 holdings:	51.05%
% of top 10 holdings:	65.30%
No of scrips:	29

Average P/B	3.10
Average P/E	22.05
Portfolio Beta	0.92
(P/E ratio taken on net equity level)

	Regular Plan (in Rs.)	Direct Plan (in Rs.)
Growth:	11.8904	12.3640
IDCW:	11.8904	12.3640

Name of the Instrument	% to NAV	% to NAV Derivatives
Equity & Equity Related Total	95.77
Financial Services	95.77
ICICI Bank Limited	15.84
HDFC Bank Limited	14.98
Axis Bank Limited	7.62
Bajaj Finance Limited	7.22
State Bank of India	5.40
Ujjivan Financial Services Limited	4.08
Kotak Mahindra Bank Limited	2.60
Punjab National Bank	2.53
HDFC Life Insurance Company Limited	2.53
Shriram Finance Limited	2.51
IndusInd Bank Limited	2.48
RBL Bank Limited	2.08
LIC Housing Finance Limited	2.00
The Federal Bank Limited	1.98
Manappuram Finance Limited	1.95
Bank of Baroda	1.94
Cholamandalam Investment and Finance Company Ltd	1.92
Power Finance Corporation Limited	1.87
Poonawalla Fincorp Limited	1.83
ICICI Prudential Life Insurance Company Limited	1.79
Canara Bank	1.78
Max Financial Services Limited	1.51
Cholamandalam Financial Holdings Limited	1.40
Suryoday Small Finance Bank Limited	1.29
DCB Bank Limited	1.26
Jio Financial Services Limited	1.14
Piramal Enterprises Limited	1.08
ICICI Lombard General Insurance Company Limited	0.77
Muthoot Finance Limited	0.41
Short Term Debt & Net Current Assets	4.23

Top Ten Holdings

Period	Fund Returns (%)	Benchmark Returns (%)	Additional Benchmark Returns (%)	Fund (Rs)	Benchmark (Rs)	Additional Benchmark Returns (Rs)
Regular - Growth
Last 1 Year	17.3%	14.2%	16.1%	11,727	11,421	11,606
Since Inception	10.0%	7.8%	9.9%	11,890	11,461	11,871
Direct - Growth
Last 1 Year	19.7%	14.2%	16.1%	11,968	11,421	11,606
Since Inception	12.4%	7.8%	9.9%	12,364	11,461	11,871

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	1,30,696	17.1%	1,26,507	10.3%	1,29,901	15.8%
Since Inception	2,20,000	2,52,256	15.1%	2,43,720	11.2%	2,47,188	12.8%
Direct - Growth
Last 1 Year	1,20,000	1,32,113	19.4%	1,26,507	10.3%	1,29,901	15.8%
Since Inception	2,20,000	2,57,466	17.5%	2,43,720	11.2%	2,47,188	12.8%

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).