ITI Banking & Financial Services Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 23.25 | N/A | N/A | N/A |
Average Rolling Returns(%) | 14.84 | N/A | N/A | N/A |
The Current NAV of ITI Banking & Financial Services Fund - Regular Plan - Growth is ₹12.62.
It is better to invest in a fund with a longer track record as ITI Banking & Financial Services Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 50 returns, as Funds portfolio is significantly different.
ITI Banking & Financial Services Fund - Regular Plan - Growth fund’s expense ratio is 2.34%
The process for redemption is
The AUM of ITI Banking & Financial Services Fund - Regular Plan - Growth is currently ₹258 Crores.
The Top three stocks are ICICI Bank, HDFC Bank and SBI and account for 43% of its portfolio. Top 5 and 10 stocks of fund account for 54% and 66% of fund’s portfolio respectively.
Top three sectors of ITI Banking & Financial Services Fund - Regular Plan - Growth fund are BFSI, Miscellaneous and IT accounting for 100% of the total portfolio.
Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange 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 - Regular Plan - Growth Fund is Equity - Sectoral Fund - Banks & Financial Service.
Nilay Dalal and Rohan Korde manage the ITI Banking & Financial Services Fund - Regular Plan - Growth Fund.
ITI Banking & Financial Services Fund - Regular Plan - Growth current PE ratio is 24.11 and PB ratio is 3.57
The asset allocation of ITI Banking & Financial Services Fund - Regular Plan - Growth is Stocks : 96.35%, Debt : 3.65% and Gold : 0%
The minimum SIP amount for ITI Banking & Financial Services Fund - Regular Plan - Growth is ₹500.00 and minimum lumpsum is ₹5000.00
The exit load for ITI Banking & Financial Services Fund - Regular Plan - Growth is 1% on or before 12 months, Nil after 12 months