ITI Banking and Financial Services Fund-Dir Growth

500
Min SIP
5,000
Min Lumpsum
0.44 %
Expense Ratio
Rating
257
Fund Size (in Cr)
2 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 1 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 04 March 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 26.5% - - 14.3%
Category Average 15.1% 9% 13.4% -

Scheme Allocation

By Holding
By Sector
By Asset
15.67%
12.82%
7.92%
Others
52.17%
View all Holdings
Holdings Sector Instrument Asset
ICICI Bank Banks Equity 15.67%
HDFC Bank Banks Equity 12.82%
Axis Bank Banks Equity 7.92%
St Bk of India Banks Equity 6.85%
Kotak Mah. Bank Banks Equity 4.57%
Shriram Finance Finance Equity 3.36%
Power Fin.Corpn. Finance Equity 3.23%
SBI Life Insuran Insurance Equity 2.83%
INDIA SHELTE FIN Finance Equity 2.55%
ICICI Lombard Insurance Equity 2.3%
Cholaman.Inv.&Fn Finance Equity 2.25%
L&T Fin.Holdings Finance Equity 2.04%
Karur Vysya Bank Banks Equity 1.96%
IndusInd Bank Banks Equity 1.92%
Bank of India Banks Equity 1.88%
Manappuram Fin. Finance Equity 1.87%
IIFL Finance Finance Equity 1.82%
Suryoday Small Banks Equity 1.74%
HDFC AMC Finance Equity 1.73%
Canara Bank Banks Equity 1.6%
Muthoot Finance Finance Equity 1.57%
Punjab Natl.Bank Banks Equity 1.53%
Bajaj Finance Finance Equity 1.52%
Indian Bank Banks Equity 1.51%
Equitas Sma. Fin Banks Equity 1.47%
Chola Financial Finance Equity 1.4%
Jio Financial Finance Equity 1.21%
Aptus Value Hou. Finance Equity 1.17%
LIC Housing Fin. Finance Equity 1.05%
PNB Housing Finance Equity 0.92%
C D S L Miscellaneous Equity 0.9%
Banks
61.44%
Finance
25.96%
Insurance
5.13%
Cash & Others
4.84%
Capital Markets
2.63%
Others
0%
Equity
95.16%
Net Curr Ass/Net Receivables
4.84%
Others
0%

Advance Ratio

3.93
Alpha
4.45
SD
0.92
Beta
0.45
Sharpe

Exit Load

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.

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.

Fund Managers

Nilay Dalal

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

ITI Mutual Fund
AUM:
4,712 Cr
Address:
ITI House 36, Dr.R.K.Shirodkar Marg, Parel Mumbai - 400012,400013
Contact:
022-66214999
Email ID:
mfassist@itiorg.com

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Frequently Asked Questions

How to invest in ITI Banking and Financial Services Fund-Dir Growth ?

You can invest in ITI Banking and Financial Services Fund-Dir Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for ITI Banking and Financial Services Fund-Dir Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of ITI Banking and Financial Services Fund-Dir Growth ?

The NAV of ITI Banking and Financial Services Fund-Dir Growth is ₹13.5 as of 04 March 2024.

How to redeem ITI Banking and Financial Services Fund-Dir Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of ITI Banking and Financial Services Fund-Dir Growth?

The minimum SIP amount of ITI Banking and Financial Services Fund-Dir Growth is ₹500

What are the top sectors ITI Banking and Financial Services Fund-Dir Growth has invested in?

The top sectors ITI Banking and Financial Services Fund-Dir Growth has invested in are
  1. Banks - 61.44%
  2. Finance - 25.96%
  3. Insurance - 5.13%
  4. Cash & Others - 4.84%
  5. Capital Markets - 2.63%

Can I make investments in both the SIP and Lump Sum schemes of ITI Banking and Financial Services Fund-Dir Growth?

Yes, You can select both SIP or Lumpsum investment of ITI Banking and Financial Services Fund-Dir Growth based on your investment objective and risk tolerance.

How much returns have ITI Banking and Financial Services Fund-Dir Growth generated ?

The ITI Banking and Financial Services Fund-Dir Growth has delivered 14.3% since inception

What is the expense ratio of ITI Banking and Financial Services Fund-Dir Growth ?

The expense ratio of ITI Banking and Financial Services Fund-Dir Growth is 0.44 % as of 04 March 2024.

What is the AUM of ITI Banking and Financial Services Fund-Dir Growth?

The AUM of ITI Banking and Financial Services Fund-Dir Growth is ₹4,712 Cr as of 04 March 2024

What are the top stock holdings of ITI Banking and Financial Services Fund-Dir Growth?

The top stock holdings of ITI Banking and Financial Services Fund-Dir Growth are
  1. ICICI Bank - 15.67%
  2. HDFC Bank - 12.82%
  3. Axis Bank - 7.92%
  4. St Bk of India - 6.85%
  5. Kotak Mah. Bank - 4.57%

How can I redeem my investments in ITI Banking and Financial Services Fund-Dir Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select ITI Banking and Financial Services Fund-Dir Growth in Scheme, enter the redemption amount, and click on submit button.
Invest Now