ITI Banking and Financial Services Fund
NAV
₹16.71
as of 6 Oct 2026
ITI Banking and Financial Services Fund is an open-ended Sectoral/ Thematic scheme from ITI Mutual Fund managing ₹388 crore (as of 31 Aug 2026). Its Direct-plan NAV is ₹16.71 as of 6 Oct 2026. The expense ratio is 1.12% a year. Managed by Rohan Korde. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 1.12% / yr
- as of 31 Aug 2026
- Fund size
- ₹388 crore
- as of 31 Aug 2026
- Exit load
- 0.5%
- SIP available
- Yes
- Launched
- 8 Dec 2021
- ISIN
- INF00XX01BU6
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from nyvo’s own NAV data.
Rebased to 100data to 5 Oct 2026Benchmark: Nifty Financial Services TRI
ITI Banking and Financial Services Fund
₹161
+61% on ₹100 over 4.8 yrs
Sectoral/ Thematic average
₹167
+67% on ₹100 over 4.8 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | -7.28% | -4.47% | -2.81 |
| 6 months | -0.54% | 7.56% | -8.10 |
| 1 year | 1.25% | -0.10% | +1.35 |
| 3 years (CAGR) | 10.39% | 12.32% | -1.93 |
| 5 years (CAGR) | 10.38% | 11.84% | -1.46 |
Category average across 119 funds, as of 5 Oct 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible – read that number first.
1-year holding periods
- Worst
- 1.9%
- Median
- 13.7%
- Best
- 33.6%
47 windows over the last 58 months, stepped monthly; 100% ended positive. Worst window began 1 Mar 2024. Windows overlap – this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 10.0%
- Median
- 14.3%
- Best
- 21.7%
23 windows over the last 58 months, stepped monthly; 100% ended positive. Worst window began 3 Oct 2023. Windows overlap – this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.51
- Sortino ratio (3Y)
- 0.76 vs category 0.66
- Standard deviation (3Y)
- 15.87%
- Beta (3Y)
- 0.98
- Alpha (3Y)
- 2.46%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high – how deep and for how long is what a drawdown feels like.
Deepest fall
-15.2%
Right now
-8.2% below peak
Ahead of its benchmark in 61% of months (window: 3y, monthly) – benchmark: Nifty Financial Services TRI, name shown only.
Where the money actually is
Equity
95.3%
Cash
4.7%
Whole-portfolio split, as of 31 Aug 2026.
What it owns
36 positions · top 10 = 60.9%
Market-cap mix
Large 62.0%Mid 11.1%Small 21.3%Other 5.7%
as of 31 Aug 2026
Holdings by sector
Financial Services(9 in top 10)95.3%
- ICICI Bank Ltd11.24%
- State Bank of India7.88%
- HDFC Bank Ltd7.62%
- Axis Bank Ltd7.56%
- Bajaj Finance Ltd7.46%
- Kotak Mahindra Bank Ltd5.43%
- Shriram Finance Ltd5.17%
- Cholamandalam Investment and Finance Co Ltd3.52%
- BSE Ltd2.97%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Aug 2026. Portfolio turnover 212.0% vs category 37.4% a year.
Other top holdings
- Net Receivables / (Payables)2.65%
Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.
The businesses it owns
- P/E (trailing)
- 17.9 vs category 25.9
- P/B
- 2.2 vs category 3.9
- Dividend yield
- 0.9% vs category 1.1%
- Net margin
- 27.5% vs category 15.4%
- Earnings growth
- 14.7%
- Avg market cap
- ₹1.93 lakh crore
Money in, money out
- Net flow, 3 months
- +₹5 cr
as of 31 Aug 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of ITI Banking and Financial Services Fund?
- ₹16.71 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of ITI Banking and Financial Services Fund?
- 1.12% a year for the Direct plan, as of 31 Aug 2026.
- How large is ITI Banking and Financial Services Fund?
- ₹388 crore under management as of 31 Aug 2026, in the Sectoral/ Thematic category.
- How risky is ITI Banking and Financial Services Fund?
- Its SEBI Riskometer reading is "Very High Risk". One sector, one story. The most-launched shelf on the map, by far.
- What are the 5-year returns of ITI Banking and Financial Services Fund?
- 10.38% a year over the last 5 years (Direct plan, CAGR), against a Sectoral/ Thematic average of 11.84%. Past returns do not predict future returns.
- What is the worst 3-year return of ITI Banking and Financial Services Fund?
- 10.0% a year – the weakest of 23 overlapping 3-year holding periods, beginning 3 Oct 2023. The median was 14.3% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages ITI Banking and Financial Services Fund?
- Rohan Korde, managing this fund for 3.9 years.
Where this fund sits
Its shelf, all funds
St · Sectoral / thematic →
One sector, one story. The most-launched shelf on the map, by far.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund – growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Sectoral/ Thematic funds
- ICICI Prudential India Opportunities Fund₹38,338 crore
- ICICI Prudential Business Cycle Fund₹15,873 crore
- ICICI Prudential Technology Fund₹13,661 crore
- quant Healthcare Fund₹397 crore
- Invesco India ESG Integration Strategy Fund₹395 crore
- ITI Bharat Consumption Fund₹370 crore
- Bank of India Consumption Fund₹370 crore
- ITI Pharma and Healthcare Fund₹276 crore
Data: nyvo research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (Nifty Financial Services TRI) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.