Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
ITI Banking and Financial Services Fund - Regular Plan - IDCW Option
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 3/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 66/100 · Good
How this score is calculated
- Star rating (35%)3/5
- 3Y CAGR (30%)12.39%
- Expense ratio (20%)1.08%
- AUM (15%)₹386 Cr
Not investment advice — an analytical read of public fund data. Methodology →
ITI Mutual Fund · Equity · Sectoral
₹17.51
AUM: ₹386 Cr
NAV updated 18 days ago
Plan
Regular
Option
Idcw
Risk
Very High
Expense Ratio
1.08%
Exit Load
Exit load of 0.50%, if redeemed within 3 months.
Fund Manager
Pradeep Gokhale
Inception
Dec 2021
Benchmark
NIFTY Financial Services Total Return Index
Sharpe Ratio
-0.28
Std Dev (1Y)
18.39%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-1.11%
3m
+7.41%
6m
+3.0%
1y
+11.04%
3y
+12.39%
5y
—
10y
—
since inception
+8.17%
TopFund's Take on ITI Banking and Financial Services Fund - Regular Plan - IDCW Option
ITI Banking and Financial Services Fund - Regular Plan - IDCW Option holds up reasonably well within the Sectoral category, currently carrying a 3-star rating. It has delivered steady, if unspectacular, returns over a full market cycle. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 66/100.
Cost: At 1.08%, the expense ratio is roughly in line with the Sectoral category average of 0.99% — cost isn't a standout factor either way for this fund.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.28 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 18.39% is fairly typical for Sectoral funds.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Equity fund. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about ITI Banking and Financial Services Fund - Regular Plan - IDCW Option
The current NAV (Net Asset Value) of ITI Banking and Financial Services Fund - Regular Plan - IDCW Option is ₹17.51. NAV is updated every business day after market close by AMFI.
1Y: 11.04% · 3Y CAGR: 12.39%
The expense ratio of ITI Banking and Financial Services Fund - Regular Plan - IDCW Option is 1.08% per annum. This is the annual fee charged by the fund to manage your investment.
ITI Banking and Financial Services Fund - Regular Plan - IDCW Option is managed by Pradeep Gokhale at ITI Mutual Fund.
ITI Banking and Financial Services Fund - Regular Plan - IDCW Option is classified as a Very High risk fund. It is suitable for aggressive investors with a long-term horizon of 5+ years.
ITI Banking and Financial Services Fund - Regular Plan - IDCW Option is a Sectoral fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in ITI Banking and Financial Services Fund - Regular Plan - IDCW Option with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of ITI Banking and Financial Services Fund - Regular Plan - IDCW Option is ₹386 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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