ITI Banking and Financial Services Fund Direct-Growth
Equity: Sectoral-Banking - Growth (Open ended) Factsheet
SEBI Riskometer: Very HighCategory: Equity: Sectoral-BankingBenchmark: NIFTY Financial Services Total Return Index
NAV: ₹17.75-0.42%
16 Jul 2026
Rolling Returns Analysis
Rolling annualized returns of ITI Banking and Financial Services Fund Direct-Growth across 1Y, 3Y and 5Y windows — average, best, worst returns and percentage of positive return periods.
| Metric | 1 Yr Rolling Returns | 3 Yr Rolling Returns | 5 Yr Rolling Returns | 7 Yr Rolling Returns |
|---|---|---|---|---|
| Analysis period | 13 Dec, 2022 - 16 Jul, 2026 | 24 Dec, 2024 - 16 Jul, 2026 | - | - |
| Average returns | 16.05% | 15.92% | - | - |
| Standard deviation | 7.07% | 2.71% | - | - |
| Best returns | 35.68% 1 year ending on 06 Jul, 2023 | 22.64% 3 years ending on 04 Jul, 2025 | - | - |
| Worst returns | -0.02% 1 year ending on 31 Mar, 2026 | 9.64% 3 years ending on 27 Jan, 2025 | - | - |
| Period with positive return | 99.89% | 100.00% | - | - |
| Period with return > 5% | 95.59% | 100.00% | - | - |
| Period with return > 10% | 75.68% | 99.74% | - | - |
| Period with return > 15% | 55.54% | 62.60% | - | - |
| Beat % Category | 35.41% | 0.00% | - | - |
| Beat % Benchmark | 77.60% | 92.47% | - | - |
Trailing Returns
Point-to-point returns of ITI Banking and Financial Services Fund Direct-Growth vs category average for YTD, 1M, 6M, 1Y, 3Y, 5Y and 10Y periods — with category rank and total funds count.
0%
5%
10%
1.2%
-0.3%
-2.9%
YTD
2.1%
1.5%
0.8%
1 M
0.3%
-1.0%
-3.7%
6 M
7.8%
4.2%
1.5%
1 Y
13.2%
14.0%
9.1%
3 Y
13.1%
10.9%
5 Y
13.7%
12.4%
10 Y
Fund
Equity: Sectoral-Banking
NIFTY Financial Services Total Return Index
| Name | YTD | 1 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Since Inception |
|---|---|---|---|---|---|---|---|---|
| Fund | 1.18% | 2.11% | 0.29% | 7.79% | 13.22% | - | - | 13.25% |
| Equity: Sectoral-Banking | -0.34% | 1.46% | -0.96% | 4.17% | 13.99% | 13.07% | 13.70% | - |
| NIFTY Financial Services Total Return Index | -2.90% | 0.81% | -3.73% | 1.51% | 9.07% | 10.86% | 12.39% | - |
| Rank in category | 11 | 19 | 11 | 6 | 13 | - | - | - |
| Funds in category | 40 | 47 | 40 | 37 | 20 | 14 | 11 | - |
Period Returns
Calendar-year, quarterly and monthly return history of ITI Banking and Financial Services Fund Direct-Growth. Toggle between bar chart and table view to analyse periodic performance trends.
Historical Performance
Track NAV movement and cumulative returns of ITI Banking and Financial Services Fund Direct-Growth across 1M, 6M, 1Y, 3Y, 5Y and since-inception periods. Compare SIP and lumpsum growth over time.
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Frequently Asked Questions
What are the 1-year returns of ITI Banking and Financial Services Fund Direct-Growth?
ITI Banking and Financial Services Fund Direct-Growth has delivered a 1-year return of 7.79% as of 16 Jul 2026. During the same period, its benchmark NIFTY Financial Services Total Return Index returned 1.51%. The fund has outperformed its benchmark over this period.
What are the 3-year returns of ITI Banking and Financial Services Fund Direct-Growth?
ITI Banking and Financial Services Fund Direct-Growth has delivered a 3-year CAGR of 13.22% as of 16 Jul 2026. Its benchmark NIFTY Financial Services Total Return Index returned 9.07% CAGR over the same period. CAGR (Compounded Annual Growth Rate) is the right way to evaluate multi-year mutual fund performance as it smooths out year-to-year volatility.
What are the 5-year returns of ITI Banking and Financial Services Fund Direct-Growth?
The 5-year CAGR for ITI Banking and Financial Services Fund Direct-Growth is shown in the Trailing Returns section above.
What are the returns of ITI Banking and Financial Services Fund Direct-Growth since inception?
Since its launch on 7 Dec 2021, ITI Banking and Financial Services Fund Direct-Growth has delivered a CAGR of 13.25%. Since-inception returns reflect the fund's full history and give the most complete picture of long-term performance.
How has ITI Banking and Financial Services Fund Direct-Growth performed vs its category over the long term?
Over the long term, ITI Banking and Financial Services Fund Direct-Growth has ranked 13 out of 20 funds in the Equity: Sectoral-Banking category on a 3-year basis, and - on a 5-year basis. Category rank is one of several factors to consider alongside risk metrics and rolling return consistency when evaluating a fund.
What is the Sharpe ratio of ITI Banking and Financial Services Fund Direct-Growth?
The Sharpe ratio of ITI Banking and Financial Services Fund Direct-Growth is 0.49 (as of 16 Jul 2026). The Sharpe ratio measures how much return the fund generates per unit of risk (volatility) taken. A Sharpe ratio above 1.0 is generally considered good — the higher the ratio, the better the risk-adjusted return.
What is the alpha of ITI Banking and Financial Services Fund Direct-Growth?
The 3Y alpha of ITI Banking and Financial Services Fund Direct-Growth is 3.20% (as of 16 Jul 2026). Alpha measures the excess return generated by the fund over and above its benchmark NIFTY Financial Services Total Return Index, after adjusting for risk. A positive alpha means the fund manager has added value beyond what the market delivered. A negative alpha means the fund has underperformed its benchmark on a risk-adjusted basis.
What is the beta of ITI Banking and Financial Services Fund Direct-Growth?
The beta of ITI Banking and Financial Services Fund Direct-Growth is 0.92 (as of 16 Jul 2026). Beta measures how sensitive the fund is to market movements relative to its benchmark NIFTY Financial Services Total Return Index. A beta of 1 means the fund moves in line with the market. A beta above 1 means it is more volatile than the market; below 1 means it is less volatile. ITI Banking and Financial Services Fund Direct-Growth's beta of 0.92 indicates it is more defensive than its benchmark.
What are the rolling returns of ITI Banking and Financial Services Fund Direct-Growth?
The average 1-year and 3-year rolling returns of ITI Banking and Financial Services Fund Direct-Growth is 16.05% and 15.92% respectively. Rolling returns show the fund's annualized return across every possible 1-year and 3-year investment window, making them a far more reliable measure of consistency than point-to-point returns, which depend heavily on the start and end date chosen.