ITI Banking and Financial Services Fund - Direct Plan - IDCW Option
Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings. From ITI Mutual Fund. It's been running since 8 Dec 2021.
What ₹1 lakh would have become
Based on past returnsThese are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.
Play with a monthly investment
Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.
Vs 363 other funds in Equity Scheme - Sectoral/ Thematic
Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.
Year by year
Calendar-year returns. 4 of last 6 years were positive.
Price over time
How the per-unit price has moved. Tap a range to zoom in.
Bumpiness & worst drops
The value swings roughly 17% up or down in a typical year. Finance-speak calls this volatility.
A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.
Similar funds you might want to look at
Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.
Head-to-head comparisons
Side-by-side comparisons of ITI Banking and Financial Services Fund - Direct Plan - IDCW Option against other sector funds.
Technical details (for the pros)
Fund info
- Fund house
- ITI Mutual Fund
- Category
- Equity Scheme - Sectoral/ Thematic
- Plan
- Direct
- Option
- IDCW
- ISIN (Growth)
- INF00XX01BV4
- ISIN (Div re-invest)
- INF00XX01BW2
- Fund code
- 149322
- First price on record
- 8 Dec 2021 · 1,169 daily prices
About ITI Banking and Financial Services Fund - Direct Plan - IDCW Option
ITI Banking and Financial Services Fund - Direct Plan - IDCW Option is a Equity Scheme - Sectoral/ Thematic offered by ITI Mutual Fund under the Direct plan with the IDCW option. It has approximately 5 years of NAV track record. The fund falls in the sector category — Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings.
The current NAV of ITI Banking and Financial Services Fund - Direct Plan - IDCW Option is ₹16.6894 (as of 4 Sep 2026). Historically, it has delivered 6.44% over the last year, 11.11% CAGR over 3 years. Returns are historical and don't predict future performance.
Over the last three years, the fund's prices have moved with 16.5% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 20.1%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.
Frequently asked
What is the latest NAV of ITI Banking and Financial Services Fund - Direct Plan - IDCW Option?+
The latest NAV of ITI Banking and Financial Services Fund - Direct Plan - IDCW Option is ₹16.6894 as of 4 Sep 2026, up 0.27% from the previous day. NAV is updated once a business day after the market close.
What are the returns of ITI Banking and Financial Services Fund - Direct Plan - IDCW Option?+
ITI Banking and Financial Services Fund - Direct Plan - IDCW Option has delivered 1-year return 6.44%, 3-year CAGR 11.11%, since-inception CAGR 10.69%. Returns are historical and don't predict future performance — markets move in cycles.
What category does ITI Banking and Financial Services Fund - Direct Plan - IDCW Option belong to?+
ITI Banking and Financial Services Fund - Direct Plan - IDCW Option is categorised as Equity Scheme - Sectoral/ Thematic. Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings.
How risky is ITI Banking and Financial Services Fund - Direct Plan - IDCW Option?+
Based on its 3-year annualised volatility of 16.5%, ITI Banking and Financial Services Fund - Direct Plan - IDCW Option sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.
Is ITI Banking and Financial Services Fund - Direct Plan - IDCW Option a direct plan?+
ITI Banking and Financial Services Fund - Direct Plan - IDCW Option is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).
How old is ITI Banking and Financial Services Fund - Direct Plan - IDCW Option?+
ITI Banking and Financial Services Fund - Direct Plan - IDCW Option has NAV history available from 8 Dec 2021 — approximately 5 years of track record and 1,169 daily NAV observations.
Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.