The Current NAV of ITI Banking & Financial Services Fund - Growth - Direct Plan is ₹16.74.

It is better to invest in a fund with a longer track record as ITI Banking & Financial Services Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. However, funds returns unlikely to be different than its benchmark Nifty Financial Services, as the Funds portfolio is similar to its benchmark.

ITI Banking & Financial Services Fund - Growth - Direct Plan fund’s expense ratio is 0.40%

The process for redemption is

• Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
• You will get information about the redemption and the NAV at which redeemed.
• The amount will be deposited in the designated bank account.

The AUM of ITI Banking & Financial Services Fund - Growth - Direct Plan is currently ₹321 Crores.

The Top three stocks are ICICI Bank, HDFC Bank and Axis Bank and account for 33% of its portfolio. Top 5 and 10 stocks of fund account for 51% and 68% of fund’s portfolio respectively.

Top three sectors of ITI Banking & Financial Services Fund - Growth - Direct Plan fund are BFSI, Miscellaneous and accounting for 100% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Equity - Sectoral Fund - Banks & Financial Service it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of ITI Banking & Financial Services Fund - Growth - Direct Plan Fund is Equity - Sectoral Fund - Banks & Financial Service.

Nilay Dalal manages the ITI Banking & Financial Services Fund - Growth - Direct Plan Fund.

ITI Banking & Financial Services Fund - Growth - Direct Plan current PE ratio is 20.34 and PB ratio is 3.13

The asset allocation of ITI Banking & Financial Services Fund - Growth - Direct Plan is Stocks : 98.84%, Debt : 1.16% and Gold : 0%

The minimum SIP amount for ITI Banking & Financial Services Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹5000.00

The exit load for ITI Banking & Financial Services Fund - Growth - Direct Plan is 0.50% on or before 3 months, NIL after 3 months