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ITI Banking and Financial Services Fund Regular Growth

Medium
Risk
Equity
Other
+
0.00
%
0.00
%
3Y annualised
+
0.14
%
0.14
%
1 Day returns
Fund size
257
NAV:
Feb 23, 2024
12.8077
Sector
Tech
Type
Equity
Launched
Dec 2021
Min Investment
5000
Expense Ratio
2
Risk
Medium

Portfolio allocation

Top 10 Holdings
% Value
ICICI Bank Ltd
15.67
%
HDFC Bank Ltd
12.82
%
Axis Bank Ltd
7.92
%
State Bank of India
6.85
%
Kotak Mahindra Bank Ltd
4.57
%
Shriram Finance Ltd
3.36
%
Power Finance Corp Ltd
3.23
%
SBI Life Insurance Company Limited
2.83
%
India Shelter Finance Corporation Ltd
2.55
%
ICICI Lombard General Insurance Co Ltd
2.3
%

Expense ratio, exit load and tax

Expense Ratio:

2

%

Inclusive of GST

Exit load

Exit load of 1.0% if redeemed within 12.0 Months, 0.0 % if redeemed after 12.0 Months.

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.

Fund house & investment objective

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ITI Banking and Financial Services Fund Regular Growth
More details

Investment objective

The investment objective of the scheme is to generate long-term capital appreciation 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 that the investment objective of the scheme would be achieved.
Scheme Information Document
Mutual Fund investments are subject to market risks. Read all scheme-related documents carefully. Past performance is not an indicator of future returns.
Calculate returns
One-time
Monthly SIP
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* Returns are calculated as per lifetime average per annum returns of the fund.
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