ITI Banking and Financial Services Fund-Dir (G)

You can invest in ITI Banking and Financial Services Fund-Dir (G) through a lump sum investment or a monthly SIP. The minimum lump sum investment is ₹5,000 and the minimum SIP amount is ₹500.

The latest NAV of ITI Banking and Financial Services Fund-Dir (G) is ₹16.90.

ITI Banking and Financial Services Fund-Dir (G) manages assets worth ₹388.18 Cr.

The expense ratio of ITI Banking and Financial Services Fund-Dir (G) is 1.12%.

The exit load applicable on ITI Banking and Financial Services Fund-Dir (G) is If redeemed/Switched out on or before 3 Months from the date of allotment Exit Load is 0.50% Exit Load after completion of 3 months - NIL..

As per the riskometer, ITI Banking and Financial Services Fund-Dir (G) carries Very High risk.

ITI Banking and Financial Services Fund-Dir (G) is managed by ITI Mutual Fund.

ITI Banking and Financial Services Fund-Dir (G) belongs to the Sectoral Fund category.

ITI Banking and Financial Services Fund-Dir (G) is benchmarked against the Nifty Financial Services TRI.

ITI Banking and Financial Services Fund-Dir (G) has no lock-in period, so units can be redeemed at any time subject to the applicable exit load.

ITI Banking and Financial Services Fund-Dir (G) was launched on 06 Dec 2021.

After the initial investment, you can invest in ITI Banking and Financial Services Fund-Dir (G) in further multiples of ₹1,000.

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.