Markets / Mutual funds / Sectoral / Thematic

ITI Banking and Financial Services Fund - Direct Plan - IDCW

NAVs of 8 Nov 2026

ITI Mutual Fund · Equity fund · Direct plan · IDCW

Sectoral / ThematicDirect · IDCWRisk: Very High

NAV · 6 Nov 2026

₹16.5803 ▲ 1.97%

ITI Mutual Fund

Fund size₹383 crJuly - September 2026

1-month range₹15.03 – 16.58

1 year-2.42%

Expense ratio1.07%direct plan, a year

5 years–a year

What the fund does

The investment objective of the Scheme is to generate long-term capital appreciation to unitholders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

BenchmarkNifty Financial Services Total Return Index

Fund houseITI Mutual Fund

Fund managersNilay Dalalsince 5 May 2023Animesh Singhsince 8 May 2026

NAV history

Returns

1 week

+8.56%avg 5.2%

1 month

+5.39%avg 3.0%

3 months

-0.79%avg -1.6%

6 months

+2.83%avg 3.7%

This year

-5.47%avg 4.5%

1 year

-2.42%avg 5.5%

3 years (a year)

+11.59%avg 15.3%

Bars: this plan; the thin mark is the Sectoral / Thematic average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2024												-0.8
2025	-2.2	-2.3	+9.2	+3.7	+2.1	+3.9	-2.2	-4.1	+2.0	+7.3	+3.6	-0.3
2026	-0.1	-4.3	-15.2	+11.5	-0.9	+5.2	+1.3	+0.5	-6.6	-2.7	+8.6

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 30 Sept 2026

Stocks held3335 lines in all

Top 10 stocks59.2%of the fund

Equity91.0%stocks and equity derivatives

Debt & cash9.0%everything else

Where the money is

Equity 91.0%Cash & others 9.0%

Sectors (stocks held)

Banks

57.7%

Finance

22.7%

Capital Markets

5.6%

Financial Technology (Fintech)

3.0%

Insurance

2.1%

Changes since 31 Aug 2026

Share of fund	30 Sept 2026	31 Aug 2026	Change
Stocks held	91.0%	95.2%	-4.24
Cash & others	9.0%	4.8%	+4.24
Top 10 stocks	59.2%	60.9%	-1.73
Number of stocks	33	34	-1

New stocks 7

Multi Commodity Exchange of India Limited2.17%
HDFC Life Insurance Company Limited2.06%
Nuvama Wealth Management Limited1.43%
Manipal Payment and Identity Solutions Ltd1.30%
PB Fintech Limited0.88%
National Stock Exchange Of India Ltd0.55%
Bandhan Bank Limited0.50%

Stocks sold off 8

Bajaj Finserv Limitedwas 1.56%
Equitas Small Finance Bank Limitedwas 1.46%
CreditAccess Grameen Limitedwas 1.37%
Home First Finance Company India Limitedwas 1.34%
L&T Finance Limitedwas 1.27%
Fusion Finance Limitedwas 1.02%
Star Health And Allied Insurance Company Limitedwas 0.81%
Five Star Business Finance Limitedwas 0.38%

Bought more 3

HDFC Bank Limited+1.57
Kotak Mahindra Bank Limited+0.37
RBL Bank Limited+0.27

Cut back 8

BSE Limited-1.96
State Bank of India-1.22
Bajaj Finance Limited-1.16
Turtlemint Fintech Solutions Limited-0.64
SBI Funds Management Limited-0.48
Manappuram Finance Limited-0.30
ICICI Bank Limited-0.27
Shriram Finance Limited-0.26

Change is in percentage points. Bought more and cut back list stocks whose share of the fund moved by at least 0.25 points. A share can also move because the price changed, not only because the fund traded.

Stocks held 33

Holding	Sector / type	% of fund
ICICI Bank Limited INE090A01021	Banks	10.97%
HDFC Bank Limited INE040A01034	Banks	9.19%
Axis Bank Limited INE238A01034	Banks	7.66%
State Bank of India INE062A01020	Banks	6.66%
Bajaj Finance Limited INE296A01032	Finance	6.30%
Kotak Mahindra Bank Limited INE237A01036	Banks	5.80%
Shriram Finance Limited INE721A01047	Finance	4.91%
Cholamandalam Investment and Finance Company Ltd INE121A01024	Finance	3.30%
RBL Bank Limited INE976G01028	Banks	2.24%
Multi Commodity Exchange of India Limited INE745G01043	Capital Markets	2.17%
DCB Bank Limited INE503A01015	Banks	2.08%
HDFC Life Insurance Company Limited INE795G01014	Insurance	2.06%
Aditya Birla Capital Limited INE674K01013	Finance	1.97%
IIFL Finance Limited INE530B01024	Finance	1.93%
AU Small Finance Bank Limited INE949L01017	Banks	1.92%
Ujjivan Small Finance Bank Limited INE551W01018	Banks	1.89%
City Union Bank Limited INE491A01021	Banks	1.71%
IDFC First Bank Limited INE092T01019	Banks	1.60%
Manappuram Finance Limited INE522D01027	Finance	1.54%
Union Bank of India INE692A01016	Banks	1.51%
IndusInd Bank Limited INE095A01012	Banks	1.49%
Poonawalla Fincorp Limited INE511C01022	Finance	1.44%
Nuvama Wealth Management Limited INE531F01023	Capital Markets	1.43%
Yes Bank Limited INE528G01035	Banks	1.31%
Manipal Payment and Identity Solutions Ltd INE241U01028	Financial Technology (Fintech)	1.30%
PNB Housing Finance Limited INE572E01012	Finance	1.27%
The South Indian Bank Limited INE683A01023	Banks	1.13%
BSE Limited INE118H01025	Capital Markets	1.01%
PB Fintech Limited INE417T01026	Financial Technology (Fintech)	0.88%
Turtlemint Fintech Solutions Limited INE0OC301013	Financial Technology (Fintech)	0.84%
National Stock Exchange Of India Ltd INE721I01024	Capital Markets	0.55%
Bandhan Bank Limited INE545U01014	Banks	0.50%
SBI Funds Management Limited INE640G01020	Capital Markets	0.44%

Show 18 moreShow fewer

Debt, money market and cash 2

Holding	Sector / type	% of fund
TREPS 01-Oct-2026	–	6.86%
Net Receivables / (Payables)	–	2.14%

From the fund house's monthly portfolio (itiamc.com), as on 30 Sept 2026. Percentages are of the fund's net assets. Published about ten days after each month ends.

Risk

Volatility18.9%yearly, from daily NAVs

Worst fall-20.09%6 Jan 2026 → 31 Mar 2026

RiskometerVery HighVery High

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 31 Dec 2021).

Fund details

Fund size (average AUM, July - September 2026)	₹383 cr across all plans · this plan ₹0.08 cr
Fund house	ITI Mutual Fund
Category	Equity · Sectoral / Thematic
Plan	Direct
Option	IDCW
Expense ratio (TER)	Direct 1.07% · Regular 2.77% (6 Nov 2026)
Exit load	If redeemed/Switched out on or before 3 Months from the date of allotment; Exit Load is 0.50% Exit Load after completion of 3 months - NIL
Minimum investment	₹5,000 · additional ₹1,000
Scheme code (AMFI)	149322
ISIN	INF00XX01BV4
NAV date	6 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

Plan	NAV	1 year
Direct · Growth	₹17.5702	+3.41%
Regular · Growth	₹15.9576	+1.57%
Regular · IDCW	₹14.9821	-4.64%

Top Sectoral / Thematic funds (direct plans)

Fund	1 year	3 years (a year)
Nippon India Taiwan Equity Fund	+39.55%	+42.38%
HDFC Defence Fund	+20.78%	+35.14%
HDFC Pharma and Healthcare Fund	+28.23%	+31.72%
SBI HEALTHCARE OPPORTUNITIES FUND	+22.32%	+25.68%
HDFC Transportation and Logistics Fund	+9.94%	+25.29%
Mirae Asset Healthcare Fund	+24.35%	+25.21%
UTI - Healthcare Fund	+18.81%	+24.71%
ICICI PRUDENTIAL TRANSPORTATION AND LOGISTICS FUND	+11.93%	+23.21%

All Sectoral / Thematic funds ranked › · Compare with others ›

← All mutual funds

Information only, not investment advice.

What is the NAV of ITI Banking and Financial Services Fund - Direct Plan - IDCW today?

₹16.5803 as of 6 Nov 2026, from AMFI's official NAV data.

What are the returns of ITI Banking and Financial Services Fund - Direct Plan - IDCW?

1 year: -2.42%, 3 years: 11.59% a year

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.