ITI Banking and Financial Services Fund Regular Growth

Equity
Sectoral / Thematic
Very High Risk
1M
6M
1Y
All
NAV: 27 Mar 2024₹12.55
Min. SIP amountNot Supported
RatingNA
Fund size₹257.32Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity Sectoral / Thematic
Absolute returns
3M6M1YAll
Fund returns0.8%6.6%23.3%25.4%
Category averageNANA31.3%NA
Rank with in category132119NA
Understand terms

Holdings (32)

NameSectorInstrumentAssets
FinancialEquity18.69%
FinancialEquity12.30%
FinancialEquity8.96%
FinancialEquity6.46%
FinancialEquity3.37%
InsuranceEquity3.14%
FinancialEquity3.10%
InsuranceEquity2.90%
FinancialEquity2.37%
FinancialEquity2.07%
See All

Expense ratio, exit load and tax

Expense ratio: 2.34%

Inclusive of GST

Exit load

Exit load of 1% if redeemed within 12 months.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

Nilay Dalal
May 2023 - Present
View details

Education
Mr. Nilay holds a degree in B.E (Computer) from D.J Sanghvi College of Engg & master’s in management studies in KJ Somaiya Institute of Management Studies & Research.
Experience
Prior to joining ITI Mutual Fund, he has with Axis Asset Management Company, SBI Life Insurance Company Ltd & MAQ Software Pvt Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
ITI Asset Mangement Limited,ITI House, Building no. 36,Dr. R. K. Shirodkar Marg, Parel, Mumbai 400012
Phone
022-66214999
Launch Date
14 May 2018
ITI Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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ITI Banking and Financial Services Fund Regular Growth
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