ITI Banking and Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl

ITI Banking and Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl

Equity

ITI Mutual Fund

Sector - Financial Services

Get the latest NAV of ITI Banking and Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹15.98

▲0.5%1D

NAV as on 12 Sep 2025

12.35%/per year

Since Inception

Absolute Gain%

▲▼

ITI Banking and Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (12-Sep-25)

The fund has outperformed the benchmark (Nifty 500) over 1Y, but underperformed over 3Y, 5Y.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
1.11%
-0.67%
14.31%
8.02%
13.87%
--
Nifty 500
2.17%
1.24%
14.94%
-3.08%
13.96%
19.68%
Sector - Financial Services Avg
0.53%
-1.02%
16.23%
6.34%
14.7%
20.17%
Best in Sector - Financial Services
2.48%
3.36%
26.82%
15.58%
20.54%
26.19%
Worst in Sector - Financial Services
-0.74%
-4.3%
11.91%
1.21%
12.37%
19.66%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
ITI Banking and Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl
-
302Cr
0.69%
8.02%
13.87%
0.64
0.94
0.54
0.93
0.06
Mirae Asset Banking and Financial Services Fund Reinvestment of Income Dis cum Cptl Wdrl Direct Growth
-
1,736Cr
0.58%
6.84%
14.5%
3.51
--
--
1.02
0.71
Nippon India Banking & Financial Services Fund Reinvestment of Income Dis cum Cptl Wdrl Direct Growth
-
6,226Cr
1.05%
1.52%
13.8%
4.81
--
--
1.16
0.89
SBI Banking & Financial Services Payout Inc Dist cum Cap Wdrl Fund Direct Growth
-
6,556Cr
0.73%
13.48%
16.34%
5.52
--
--
1.25
0.88
See all

ITI Banking and Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

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ITI Banking and Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl Asset Allocation

See fund asset allocation details as on (14-Aug-25)

Fund Distribution

as on (14-Aug-25)

Large cap
69.1%
Small cap
14.9%
Mid cap
11.3%
Mid Cap allocation has gone up from 7.6% to 10.7%
Mid Cap allocation has gone up from 7.6% to 10.7%
Large Cap allocation has gone down from 73.1% to 70.4%
Large Cap allocation has gone down from 73.1% to 70.4%
Small Cap allocation has gone down from 15.4% to 14.8%
Small Cap allocation has gone down from 15.4% to 14.8%
Cash allocation has gone down from 4% to 3%
Cash allocation has gone down from 4% to 3%

ITI Banking and Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl Sector Allocation

See fund sector allocation details as on (14-Aug-25)

Sector Allocation

Financial Services
99.1%
Tech
0.9%

Top 2 Sectors in July were Financial Services, Tech

Jul'25

Financial Services

99%

Tech

1%

Jun'25

Financial Services

99%

Tech

1%

ITI Banking and Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl Holdings Details

as on (31-Aug-25)

Holdings
Weight%
1M Change
HDFC Bank Ltd
24.22%
0%
ICICI Bank Ltd
11.29%
0%
State Bank of India
7.45%
-0.1%
Axis Bank Ltd
7.45%
-2.7%
Kotak Mahindra Bank Ltd
7.24%
109.5%
See all
Top Stocks bought last month
Kotak Mahindra Bank Ltd's allocation increased from 3.52% to 6.91%
Kotak Mahindra Bank Ltd's allocation increased from 3.52% to 6.91%
RBL Bank Ltd's allocation increased from 1.2% to 2.11%
RBL Bank Ltd's allocation increased from 1.2% to 2.11%
HDFC Bank Ltd's allocation increased from 24.17% to 25.01%
HDFC Bank Ltd's allocation increased from 24.17% to 25.01%
Top Stocks sold last month
Axis Bank Ltd's allocation decreased from 8.34 % to 7.42 %
Axis Bank Ltd's allocation decreased from 8.34 % to 7.42 %
State Bank of India's allocation decreased from 7.23 % to 7.2 %
State Bank of India's allocation decreased from 7.23 % to 7.2 %
Bajaj Finance Ltd's allocation decreased from 5.6 % to 4.56 %
Bajaj Finance Ltd's allocation decreased from 5.6 % to 4.56 %

ITI Banking and Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.69%
Benchmark
Nifty Financial Services TR INR
AUM₹302 Cr
Inception Date8 December, 2021
Min Lumpsum/SIP₹5000/₹500
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
115.18%
Risk
Risk meter
pointer
Very High Risk

About ITI Banking and Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl

ITI Banking and Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 8 December, 2021. The fund is managed by Rohan Korde, Nilay Dalal. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. ITI Banking and Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl has ₹302 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

ITI Banking and Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl has given a CAGR return of 12.35% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 8.02% and 13.87% respectively.

Holdings

ITI Banking and Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Tech. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Axis Bank Ltd, State Bank of India, Kotak Mahindra Bank Ltd

Taxation

As it is a sector - financial services mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of ITI Banking and Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl

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.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. ITI Banking and Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Manager

Rohan Korde

Fund Manager of ITI Banking and Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl, since 29 April 2022

Nilay Dalal

Fund Manager of ITI Banking and Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl, since 5 May 2023

Learn more about ITI Mutual Fund
Parameters
Jul'25
Jun'25
May'25
AUM
₹ 310.1 Cr
₹ 318.1 Cr
₹ 306.7 Cr
  • AUM of the fund stands at 310.1 Cr as of Jul'25
  • AUM decreased by 8.1 Cr between Jul'25 and Jun'25

Frequently Asked Questions for ITI Banking and Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl

How do I invest in ITI Banking and Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl?

INDmoney makes it simple to invest in the ITI Banking and Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘ITI Banking and Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of ITI Banking and Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl?

The NAV of the fund today is ₹15.98. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

ITI Banking and Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl fund has generated a return of 8.02% in 1 year, 13.87% in 3 years

Who is the fund manager of ITI Banking and Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl?

The fund managers are Rohan Korde, Nilay Dalal.

What is the exit load of the fund?

The exit load is 0.5% if redeemed in 0-3 Months. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.69%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹302 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of ITI Banking and Financial Services Fund Direct Payout Inc Dist cum Cap Wdrl?

The top 3 holdings of the fund are HDFC Bank Ltd(24.22%), ICICI Bank Ltd(11.29%), Axis Bank Ltd(7.45%)