Question 1

Which funds are similar to ITI Banking and Financial Services Fund Direct-Growth?

Accepted Answer

Funds similar to ITI Banking and Financial Services Fund Direct-Growth in the Equity: Sectoral-Banking category include ICICI Prudential Banking and Financial Services Direct Plan-Growth, SBI Banking & Financial Services Fund Direct-Growth, and Nippon India Banking & Financial Services Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.

Question 2

What is the rank of ITI Banking and Financial Services Fund Direct-Growth in its category?

Accepted Answer

On a 3-year return basis ITI Banking and Financial Services Fund Direct-Growth is ranked 13 out of 20 funds in the Equity: Sectoral-Banking category as of 16 Jul 2026. Consistently ranking in the top across multiple time periods is a stronger signal of fund quality than a single-period rank.

Question 3

How does ITI Banking and Financial Services Fund Direct-Growth's expense ratio compare to similar funds?

Accepted Answer

ITI Banking and Financial Services Fund Direct-Growth has an expense ratio of 1.19%. The peers ICICI Prudential Banking and Financial Services Direct Plan-Growth has an expense ratio of 1.20% and SBI Banking & Financial Services Fund Direct-Growth has 1.16%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.

Question 4

How does ITI Banking and Financial Services Fund Direct-Growth's AUM compare to similar funds?

Accepted Answer

ITI Banking and Financial Services Fund Direct-Growth has an AUM of ₹381.16 crore. The peers ICICI Prudential Banking and Financial Services Direct Plan-Growth has an AUM of ₹11,034.2 crore and SBI Banking & Financial Services Fund Direct-Growth has ₹10,844.8 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.

Question 5

Which fund has the best 3-year returns in the Equity: Sectoral-Banking?

Accepted Answer

The top performing fund in the Equity: Sectoral-Banking category on a 3-year basis is Quant BFSI Fund Direct-Growth with a CAGR of 27.68% as of 16 Jul 2026. ITI Banking and Financial Services Fund Direct-Growth has delivered 13.09% CAGR over the same period, ranking 13 out of 20 funds. You can view and compare the full category ranking on sharpely.

Question 6

How does ITI Banking and Financial Services Fund Direct-Growth rank in risk-adjusted returns vs peers?

Accepted Answer

On a risk-adjusted basis, ITI Banking and Financial Services Fund Direct-Growth has a Sharpe ratio of 0.49 compared to the Equity: Sectoral-Banking average of 0.53 as of 16 Jul 2026. It ranks 14 out of 20 funds in its category on Sharpe ratio.

Period	This Fund	Category Avg	Category Rank
1Y Return	+9.05%	5.74%	6 / 37
3Y Return	+13.09%	14.02%	13 / 20
5Y Return	—	13.30%	—
10Y Return	—	13.80%	—

ITI Banking and Financial Services Fund Direct-Growth

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