ITI Banking and Financial Services Fund
NAV
₹17.84
as of 21 Aug 2026
ITI Banking and Financial Services Fund is an open-ended Sectoral/ Thematic scheme from ITI Mutual Fund managing ₹387 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹17.84 as of 21 Aug 2026. The expense ratio is 1.35% a year. Managed by Rohan Korde. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 1.35% / yr
- as of 30 Jun 2026
- Fund size
- ₹387 crore
- as of 31 Jul 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 20 Aug 2026Benchmark: Nifty Financial Services TRI
ITI Banking and Financial Services Fund
₹172
+72% on ₹100 over 4.7 yrs
Sectoral/ Thematic average
₹177
+77% on ₹100 over 4.7 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 6.65% | 6.78% | -0.13 |
| 6 months | -1.55% | 3.68% | -5.23 |
| 1 year | 10.20% | 6.07% | +4.13 |
| 3 years (CAGR) | 13.99% | 16.01% | -2.02 |
Category average across 119 funds, as of 21 Aug 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
- 14.6%
- Best
- 33.6%
45 windows over the last 56 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
- 11.2%
- Median
- 14.6%
- Best
- 21.7%
21 windows over the last 56 months, stepped monthly; 100% ended positive. Worst window began 1 Feb 2022. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.43
- Sortino ratio (3Y)
- 0.64 vs category 0.54
- Standard deviation (3Y)
- 16.03%
- Beta (3Y)
- 0.98
- Alpha (3Y)
- 2.16%
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
-1.8% 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
96.6%
Cash
3.4%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
35 positions · top 10 = 61.3%
Market-cap mix
Large 59.0%Mid 11.5%Small 25.2%Other 4.3%
as of 31 Jul 2026
Holdings by sector
Financial Services(9 in top 10)96.6%
- ICICI Bank Ltd11.15%
- Bajaj Finance Ltd8.09%
- HDFC Bank Ltd8.08%
- State Bank of India7.67%
- Axis Bank Ltd7.18%
- Kotak Mahindra Bank Ltd5.08%
- Shriram Finance Ltd4.90%
- BSE Ltd3.73%
- Cholamandalam Investment and Finance Co Ltd3.13%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 115.2% vs category 37.3% a year.
Other top holdings
- Treps 03-Aug-2026matures 3 Aug 20262.97%
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)
- 18.7 vs category 25.8
- P/B
- 2.3 vs category 3.8
- Dividend yield
- 0.7% vs category 1.1%
- Net margin
- 28.6% vs category 15.4%
- Earnings growth
- 15.8%
- Avg market cap
- ₹1.76 lakh crore
Money in, money out
- Net flow, 3 months
- +₹6 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of ITI Banking and Financial Services Fund?
- ₹17.84 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of ITI Banking and Financial Services Fund?
- 1.35% a year for the Direct plan, as of 30 Jun 2026.
- How large is ITI Banking and Financial Services Fund?
- ₹387 crore under management as of 31 Jul 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 is the worst 3-year return of ITI Banking and Financial Services Fund?
- 11.2% a year — the weakest of 21 overlapping 3-year holding periods, beginning 1 Feb 2022. The median was 14.6% 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₹38,299 crore
- ICICI Prudential Business Cycle Fund₹16,123 crore
- quant Healthcare Fund₹397 crore
- Invesco India ESG Integration Strategy Fund₹396 crore
- Bajaj Finserv Healthcare Fund₹377 crore
- Bank of India Consumption Fund₹373 crore
- ITI Bharat Consumption Fund₹370 crore
- ITI Pharma and Healthcare Fund₹263 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.