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ITI Banking & Financial Services Fund
EquityBanks & Financial Services
1
1ITI Banking & Financial Services Fund is a Banks & Financial Services equity mutual fund (direct plan, growth option) from ITI Mutual Fund. NAV ₹18.0416 as on 13 Nov 2026.
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Fund Details
- Expense Ratio: A charge to the mutual fund for handling your investments. It's a percentage of the fund's assets used for various expenses like administration and management.
- Exit Load : A fee paid to a mutual fund for leaving the investment early before a set period
- Lock In : Withdrawals are not allowed for this period
Current NAV
₹18.04
Total Expense Ratio
1.07%
Base Expense Ratio
0.58%
Min SIP
₹500
Fund Size
₹352Cr
Min Investment
₹5.00K
Lock In
NA
Scheme Information Document
Exit load: 1% on or before 12M, Nil after 12M
Fund Performance
- Alpha: Excess returns relative to market benchmark,
- Beta : Volatility of the scheme relative to its market benchmark
- Sharpe Ratio : Risk-adjusted returns
- Risk : Volatility of the fund
Alpha
0.13%
Beta
0.92
Sharpe Ratio
0.114839
Risk
14.04%
Above numbers are based upon past 3 years
Returns Calculator
Would have become
₹1,49,748.59
(5.01)%
| Name | Holding(%) |
| Name | Sector(%) |
| Name | Assets(%) |
- Taurus Banking & Financial Services Fund
- Kotak Banking & Financial Services Fund
- ICICI Prudential Banking & Financial Services Fund
- Nippon India Banking & Financial Services Fund
- Invesco India Financial Services Fund
- Tata Banking and Financial Services Fund
- HDFC Banking & Financial Services Fund
- LIC MF Banking & Financial Services Fund
- Helios Financial Services Fund
- Motilal Oswal Financial Services Fund
- SBI Banking & Financial Services Fund
- Edelweiss Financial Services Fund
- Groww Banking & Financial Services Fund
- ITI Banking & Financial Services Fund
- WhiteOak Capital Banking & Financial Services Fund
- Sundaram Financial Services Opportunities Fund
- Baroda BNP Paribas Banking and Financial Services Fund
- Quant BFSI Fund
- Mirae Asset Banking and Financial Services Fund
- Bajaj Finserv Banking and Financial Services Fund
- Mahindra Manulife Banking & Financial Services Fund
- Aditya Birla Sun Life Banking and Financial Services Fund
- HSBC Financial Services Fund
- DSP Banking & Financial Services Fund
- Canara Robeco Banking and Financial Services Fund
- Bank of India Banking & Financial Services Fund
- UTI Banking and Financial Services Fund
- Bandhan Financial Services Fund
N
Nilay Dalal
ITI Mutual FundTotal assets under management
₹9.86L Crores
Date of incorporation
1 Jan 1
ITI Banking & Financial Services Fund
Ans. The NAV (net asset value) of ITI Banking & Financial Services Fund (direct plan, growth option) is ₹18.0416 as on 13 Nov 2026. Mutual fund NAVs are published once a day, after the market closes.
Ans.
- Open the Rupeezy app.
- If you're on the Stocks or F&O screen, switch to the Mutual Funds section.
- Tap on Explore to browse available mutual fund schemes.
- Select the ITI Banking & Financial Services Fund (or any fund you want to invest in).
- Choose your investment mode: Lumpsum or SIP.
- Enter the investment amount (minimum ₹500 for a SIP and ₹5,000 for a lumpsum).
- Complete the payment using UPI, Net Banking, or other available options.
Ans. ITI Banking & Financial Services Fund has delivered 14.04% CAGR over the past 3 years against a category average of 14.39% and returned 5.01% over the past year. It manages ₹352.15 crore (AUM) as on 13 Nov 2026. Its riskometer level is Very High. Past returns do not indicate future returns.
Ans. Mutual fund taxation depends on the scheme type and investment holding period.
Taxation on equity funds: For equity funds (funds that invest at least 65% of the corpus in Indian stocks), if the holding period is more than 12 months, LTCG (Long Term Capital Gains) tax is applicable. For units sold within 12 months of purchase, STCG (Short Term Capital Gains) Tax is applicable.
LTCG tax on equity-oriented schemes is 12.5% on capital gains over ₹1.25 lakh (as per the latest update in Budget 2024).
STCG tax applicable on the sale of units of equity-oriented mutual fund schemes is 20%.
Taxation on equity funds: For equity funds (funds that invest at least 65% of the corpus in Indian stocks), if the holding period is more than 12 months, LTCG (Long Term Capital Gains) tax is applicable. For units sold within 12 months of purchase, STCG (Short Term Capital Gains) Tax is applicable.
LTCG tax on equity-oriented schemes is 12.5% on capital gains over ₹1.25 lakh (as per the latest update in Budget 2024).
STCG tax applicable on the sale of units of equity-oriented mutual fund schemes is 20%.
Ans. There is no lock-in period on ITI Banking & Financial Services Fund. An exit load applies: 1% on or before 12M, Nil after 12M.
Ans. The expense ratio of ITI Banking & Financial Services Fund (direct plan) is 1.07% a year. It is deducted from the fund's assets and is already reflected in the NAV.