
ITI Banking and Financial Services Fund Direct Growth
ITI Banking and Financial Services Fund Direct Growth
as on 06 Nov 2026
ITI Banking and Financial Services Fund Direct Growth is a Equity mutual fund scheme launched on 08 Dec 2021. The current NAV stands at ₹17.5702 as of 06 Nov 2026. From the funds total AUM, its top holdings include ICICI Bank at 9.53%, State Bank of India at 8.75%, HDFC Bank at 8.64%, Axis Bank at 8.08%, Kotak Bank at 5.37%
Scheme Overview
- Inception Date : 08 Dec 2021
- AUM : ₹361.61 Cr
- 3Y Returns (CAGR) : 13.46%
- Expense Ratio : 1.08%
- Min. SIP : ₹500
- Min. Lumpsum : ₹5,000
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
3Y
₹ 18.95 L
3.50%
₹ 20.40 L
8.00%
₹ 22.27 L
13.46%
Total Investment
₹ 18,00,000
Returns
₹ 4,27,420 (13.46%)
Maturity Value
₹ 22,27,420
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Direct vs Regular Returns
Sorry, No Data Available at this Moment!
Returns vs Category
Sorry, No Data Available at this Moment!
*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
Sorry, No Data Available at this Moment!
Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 361.61 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹361.61 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
as of 31 May 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Financial Services | 92.43% | ||
| Other | 6.56% | ||
| Technology | 1.00% |
Stock Holdings
as of 31 May 2026
| Name | Allocation | Weightage |
|---|---|---|
![]() I ICICI Bank | 9.53% | |
![]() S State Bank of India | 8.75% | |
![]() H HDFC Bank | 8.64% | |
![]() A Axis Bank | 8.08% | |
![]() K Kotak Bank | 5.37% | |
![]() B Bajaj Finance | 5.07% | |
![]() B BSE | 4.56% | |
![]() S Shriram Finance | 4.52% | |
![]() T Treps 01-Jun-2026 | 4.21% | |
![]() N Net Receivables / (Payables) | 2.35% | |
![]() C Cholamandalam Investment | 2.32% | |
![]() M Manappuram Finance | 2.19% | |
![]() S SBI Life Insurance | 2.18% | |
![]() R RBL Bank | 2.02% | |
![]() M MCX | 2.02% | |
![]() D DCB Bank | 1.96% | |
![]() A AU Small Finance Bank | 1.94% | |
![]() A Angel One | 1.67% | |
![]() B Bandhan Bank | 1.59% | |
![]() K Karur Vysya Bank | 1.56% | |
![]() A Aditya Birla Capital | 1.55% | |
![]() U Ujjivan Small Finance Bank | 1.54% | |
![]() I Indusind Bank | 1.52% | |
![]() E Equitas Small Finance Bank | 1.50% | |
![]() P PNB Housing Finance | 1.49% | |
![]() C City Union Bank | 1.46% | |
![]() C Credit Access Grameen | 1.41% | |
![]() H Home First Finance Company | 1.32% | |
![]() I IIFL Finance | 1.27% | |
![]() F Fusion Finance | 1.22% | |
![]() F Five Star Business Finance | 1.16% | |
![]() N Nuvama Wealth Management | 1.06% | |
![]() S Star Health Insurance | 1.04% | |
![]() C CAMS | 1.00% | |
![]() J Jammu & Kashmir Bank | 0.96% | |
![]() P Power Finance Corporation | 0.00% | |
![]() I Indian Bank | 0.00% | |
![]() M Muthoot Finance | 0.00% | |
![]() C Can Fin Homes | 0.00% | |
![]() N Nippon Life India AMC | 0.00% | |
![]() U Union Bank of India | 0.00% |
Fund Comparison
Fund Details
52W High NAV
₹ 18.0885
Min. SIP Amount
₹ 500.00
Min. Lumpsum Amount
₹ 5,000.00
AUM (in Cr.)
₹ 361.61
Expense Ratio
1.08%
Lock-in Period
No Lock in Period
52W Low NAV
₹ 15.0646
Inception Date
08 Dec 2021
Fund Age
4 Yrs
Benchmark
Nifty Financial Services TRI
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- Exit load of 0.50%, if redeemed within 3 months.
Tax Implication
- If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%
Fund Managers
| Name | Qualification |
|---|---|
| Nilay Dalal | MBA (Finance) |
| Animesh Singh | NA |
Fund 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.
Risk-O-Meter
Investors understand that their principal will be at
Very High Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
ITI Mutual Fund
No. of Schemes
21
Total AUM
₹ 12,562.47 Cr
Contact Details
ITI House 36, Dr.R.K.Shirodkar Marg,Parel Mumbai - 400012.
Contact Details
ITI House 36, Dr.R.K.Shirodkar Marg,Parel Mumbai - 400012.
FAQs
When was ITI Banking and Financial Services Fund launched?
What is the current NAV of ITI Banking and Financial Services Fund?
What is the AUM of ITI Banking and Financial Services Fund?
What is the rate of return of ITI Banking and Financial Services Fund?
- In the past 1Y: 3.41%
- In the past 3Y: 13.46%
- In the past 5Y: 0.00%
What is the expense ratio of ITI Banking and Financial Services Fund?
What is exit load of ITI Banking and Financial Services Fund?
What is the portfolio of ITI Banking and Financial Services Fund?
- ICICI Bank: 9.53%
- State Bank of India: 8.75%
- HDFC Bank: 8.64%
- Axis Bank: 8.08%
- Kotak Bank: 5.37%
Top 3 sectoral holdings include:
- Financial Services: 92.43%
- Others: 6.56%
- Technology: 1.00%
How risky is investing in ITI Banking and Financial Services Fund?
Who is the fund manager ITI Banking and Financial Services Fund?
What is the minimum investment required in ITI Banking and Financial Services Fund?
How to invest in ITI Banking and Financial Services Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.

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