Should I invest in ITI Banking and Financial Services Fund?

We don't give personal investment advice. ITI Banking and Financial Services Fund - Direct Plan - IDCW Option is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding.

ITI

ITI Banking and Financial Services Fund - Direct Plan - IDCW Option

Latest NAV

₹16.8720

As of

17 Jul 2026

1,134 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.74%	-0.04%	+0.78	31 / 249	Q1
1W	-0.34%	-0.15%	-0.18	156 / 249	Q3
2W	+0.41%	-0.61%	+1.02	98 / 251	Q2
1M	+2.91%	+1.14%	+1.76	82 / 251	Q2
3M	+4.64%	+3.90%	+0.75	112 / 251	Q2
6M	-4.66%	+2.59%	-7.24	201 / 243	Q4
YTD	-4.14%	+0.68%	-4.82	183 / 241	Q4
1Y	+2.90%	+2.39%	+0.51	102 / 229	Q2
2Y	+7.86%	+0.44%	+7.42	34 / 186	Q1
3Y	+11.06%	+11.53%	-0.46	92 / 151	Q3
4Y	+15.17%	+12.75%	+2.41	55 / 125	Q2
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+11.27%	+10.06%	+1.21	123 / 251	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-4.14%	+1.51%	-5.65	181 / 237
2025	+22.08%	+1.49%	+20.59	5 / 204
2024	+8.76%	+20.10%	-11.34	139 / 158
2023	+16.37%	+30.21%	-13.84	121 / 131
2022	+11.83%	+1.48%	+10.35	27 / 119
2021	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+15.27%

45 windows

min -2.2% · max 32.3%

98% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+15.19%

20 windows

min 11.0% · max 21.3%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

14.06%

3-year · annualised

Sharpe ratio

0.35

vs risk-free 6.5%

Sortino ratio

0.59

Downside-only deviation

Max drawdown

-20.09%

Jan 2026 → Mar 2026

% positive months

58.3%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Sectoral/Thematic Fund

Scheme	Fund house	NAV	As of
HDFC Banking & Financial Services Fund - IDCW Option - Direct Plan	HDFC	₹17.4480	17 Jul 2026
NIPPON INDIA - JAPAN EQUITY FUND - DIRECT Plan - IDCW Option	Nippon India	₹30.5463	17 Jul 2026
SBI Automotive Opportunities Fund - Direct Plan - Income Distribution Cum Capital Withdrawal Option	SBI	₹12.5864	17 Jul 2026
ICICI Prudential Banking and Financial Services Fund - Direct Plan - IDCW	ICICI Prudential	₹70.0600	17 Jul 2026
Invesco India Business Cycle Fund - Direct Plan - IDCW	Invesco	₹14.5200	17 Jul 2026
Bandhan Business Cycle Fund - Direct Plan - IDCW	Bandhan	₹10.1960	17 Jul 2026
quant BFSI Fund - IDCW Option - Direct Plan	Quant	₹22.0968	17 Jul 2026
Aditya Birla Sun Life Banking and Financial Services Fund - DIRECT - IDCW	Aditya Birla Sun Life	₹32.1000	17 Jul 2026
Motilal Oswal Active Momentum Fund- Direct-IDCW	Motilal Oswal	₹13.5239	17 Jul 2026
Franklin India Multi-Factor Fund- Direct- IDCW	Franklin India	₹9.6426	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹16.8720
16 Jul 2026	₹16.7478
15 Jul 2026	₹16.8193
14 Jul 2026	₹16.7162
13 Jul 2026	₹16.9405
10 Jul 2026	₹16.9292
9 Jul 2026	₹16.6547
8 Jul 2026	₹16.4635
7 Jul 2026	₹16.8990
6 Jul 2026	₹16.9058

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of ITI Banking and Financial Services Fund - Direct Plan - IDCW Option is ₹16.8720. It's a Sectoral/Thematic Fund from ITI, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

ITI Banking and Financial Services Fund - Direct Plan - IDCW Option has NAV history starting from 08 Dec 2021, a track record of about 4 years 7 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

ITI Banking and Financial Services Fund - Direct Plan - IDCW Option is managed by ITI. It's classified by AMFI under the 'Sectoral/Thematic Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, ITI Banking and Financial Services Fund - Direct Plan - IDCW Option has delivered a absolute return of 2.90% — +0.51 pp ahead of the Sectoral/Thematic Fund category average of 2.39%. The fund ranks #102 of 229 in its category — the second (Q2) quartile.

Over the trailing 3-year window, ITI Banking and Financial Services Fund - Direct Plan - IDCW Option has delivered a CAGR of 11.06% — -0.46 pp behind the Sectoral/Thematic Fund category average of 11.53%. The fund ranks #92 of 151 in its category — the third (Q3) quartile.

ITI Banking and Financial Services Fund - Direct Plan - IDCW Option doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in ITI Banking and Financial Services Fund - Direct Plan - IDCW Option exactly 3 years ago would be worth approximately ₹136,990 today — a multiplier of 1.37×, based on the 3-year CAGR of 11.06%. The category average over the same window would have grown ₹1 lakh to ₹138,715.

A ₹10,000 monthly SIP in ITI Banking and Financial Services Fund - Direct Plan - IDCW Option over the last 3 years — total invested ₹360,000 — would be worth ₹418,375 today. That's an XIRR (money-weighted annualised return) of 10.00%.

ITI Banking and Financial Services Fund - Direct Plan - IDCW Option doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹418,375 — XIRR 10.00%.

On a 3-year basis, ITI Banking and Financial Services Fund - Direct Plan - IDCW Option ranks #92 out of 151 funds in the Sectoral/Thematic Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 11.53%; this fund delivered 11.06%.

The worst peak-to-trough decline ITI Banking and Financial Services Fund - Direct Plan - IDCW Option has experienced over the last 3-year window is 20.09% — its NAV fell from a high on 06 Jan 2026 to a low on 31 Mar 2026. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, ITI Banking and Financial Services Fund - Direct Plan - IDCW Option averaged 15.19% (best 21.26%, worst 10.97%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 0.35 — weak risk-adjusted performance.

In calendar year 2025, ITI Banking and Financial Services Fund - Direct Plan - IDCW Option returned 22.08% — beating the Sectoral/Thematic Fund category average of 1.49% by 20.59 pp. It ranked #5 of 204 in its category that year.

ITI Banking and Financial Services Fund - Direct Plan - IDCW Option is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. ITI Banking and Financial Services Fund - Direct Plan - IDCW Option is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.