- Mutual Funds
- ITI Mutual Fund
- ITI Banking and Financial Services Fund (G)
ITI Banking and Financial Services Fund (G)
₹ 13.7721
NAV (Oct 15)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 13.7721
NAV (Oct 15)
Fund Returns
Last 1Y | 16.7% |
Last 3Y | NA |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 11.9% |
6 Month CAGR | 6.2% |
Scheme Information
The scheme seeks 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.
Expense Ratio | 2.34 |
Launched (0y ago) | 2.34 |
AUM in Crores | 271.4 |
ISIN | INF00XX01BR2 |
Lock-in | - |
Benchmark | NIFTY Financial Services Total Return Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | - |
Standard Deviation | - |
Beta | - |
Sharpe Ratio | - |
YTM | - |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| ITI Banking and Financial Services Fund (G) | 11,12,147 | 3,79,535 | 16.7% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Stock Holdings
HDFC Bank Ltd.
17.8%ICICI Bank Ltd.
14.4%State Bank of India
8.8%Axis Bank Ltd.
8.5%Kotak Mahindra Bank Ltd.
3.8%Allocation by Sector
Financial
87%Insurance
5.9%Services
4.8%Comparison with Equity Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 26,417 cr | ||
₹ 24,508 cr | ||
₹ 66,206 cr | ||
₹ 51,197 cr | ||
₹ 17,770 cr |
About the AMC
ITI Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
17.9% | 20.7% | ||
17.3% | 18.2% | ||
21.3% | 26% | ||
- | 0.9% | ||
11.3% | 16.8% |
ITI Banking and Financial Services Fund (G) Review
ITI Banking and Financial Services Fund (G) is a Sectoral / Thematic Equity fund and has delivered an annualised return of 11.853% over a period of 2 years. The fund is managed by ITI Mutual Fund. The fund managers are Nilay Dalal, Rajesh Bhatia, Rohan Korde.
Nav of ITI Banking and Financial Services Fund (G) as of 10/15/2024 is ₹13.77 with the total AUM as of 10/16/2024 is ₹271.3974. With Scripbox you can compare and check the latest nav for all mutual funds in India. ITI Banking and Financial Services Fund (G) was launched on 2021-12-06. The category risk of the fund is null.
The minimum SIP amount for ITI Banking and Financial Services Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
ITI Banking and Financial Services Fund (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to NIFTY Financial Services Total Return Index.
It is rated as a null fund in Equity and delivered 16.657% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with ITI Banking and Financial Services Fund (G).
Frequently Asked Questions
What is ITI Banking and Financial Services Fund (G)?
How to invest in ITI Banking and Financial Services Fund (G)?
You can invest in ITI Banking and Financial Services Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of ITI Banking and Financial Services Fund (G)?
The minimum sip amount for ITI Banking and Financial Services Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is ITI Banking and Financial Services Fund (G) good to invest in?
As per Scripbox experts, it is a fund. You can invest in it if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the ITI Banking and Financial Services Fund (G)?
The expense ratio of the ITI Banking and Financial Services Fund (G) is 2.34% for regular plan.
What is the NAV of ITI Banking and Financial Services Fund (G)?
Today's ITI Banking and Financial Services Fund (G) NAV is ₹13.77.