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Sectoral / Thematic📊 NIFTY 500 TRI(SEBI default)

ITI Banking and Financial Services Fund · Regular · Growth

ITI Mutual Fund

#81 of 214 (1Y)

NAV

₹16.1749

as of 14 Jul 2026

Expense Ratio

2.34%

AUM

₹360 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+6.11%
3Y
+11.10%
5Y
Since Inception
+11.01%

SIP returns (XIRR)

1Y
+9.48%
3Y
+10.86%
5Y
Since Inception
+12.00%

What history actually did — last 4 years (Jul 2022 – Jul 2026)

A ₹5,000 monthly SIP for the last 4 years (Jul 2022 – Jul 2026)

Real NAV backtest

A ₹5,000 monthly SIP would be worth ₹3,00,752 today ₹2,40,000 invested, 11.7% XIRR.

₹2,40,000

Invested

₹3,00,752

Value today

11.7%

XIRR (p.a.)

Try the SIP calculator with this fund

A ₹1,00,000 lumpsum, the last 4 years (Jul 2022 – Jul 2026)

Real NAV backtest

₹1,00,000 invested 4 years ago would be ₹1,73,612 today (14.8% CAGR).

Fund vs Benchmark (TRI)

Same SIP, benchmark total-return index

The same SIP would be worth ₹3,00,752 in this fund vs ₹2,91,674 in the benchmark — outperformance of ₹9,078.

Buying the worst day

Real NAV backtest

₹1,00,000 invested on the worst market day of the last 4 years (Jul 2022 – Jul 2026) (3 Jun 2024) would be ₹1,20,914 today (1.21×).

Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.

Risk Metrics

Trailing 1 year, annualised

0.58

Sharpe Ratio

+0.14

Alpha

0.31

Beta

0.57

Sortino

16.56%

Std Dev

-16.92%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseITI Mutual Fund
CategorySectoral / Thematic
BenchmarkNIFTY 500 TRI ✓
Launch Date06 Dec 2021
AMFI Code149324
Transaction facts
Min. Lumpsum₹5,000
Min. SIP₹500
Exit Load1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Investment Objective

ITI Banking and Financial Services Fund · Regular · Growth invests in stocks from a specific sector or theme, offering concentrated exposure to a particular area of the economy. These funds carry sector-specific risks but can deliver significant returns when the underlying sector performs well.

About This Fund

ITI Banking and Financial Services Fund · Regular · Growth is a Sectoral / Thematic mutual fund offered by ITI Mutual Fund. The fund has been operational for over 4 years. It manages assets worth ₹360 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 500 TRI. The current expense ratio is 2.34%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • SIP investors who can benefit from rupee cost averaging during market fluctuations
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