Canara Robeco Banking and Financial Services Fund vs ITI Banking and Financial Services Fund
Direct Plan, Growth option · Data as on 30-10-2026
Canara Robeco Banking and Financial Services Fund is a Sectoral fund and ITI Banking and Financial Services Fund is a Thematic fund. Canara Robeco Banking and Financial Services Fund charges 1.05% a year and ITI Banking and Financial Services Fund 1.10% (Direct plans). Their portfolios overlap 58.7%: they hold 13 of the same securities.
Canara Robeco Banking and Financial Services Fund
Sectoral
- Expense ratio
- 1.05%
- NAV
- ₹10.26
ITI Banking and Financial Services Fund
Thematic
- Expense ratio
- 1.10%
- NAV
- ₹16.18
Which is better, Canara Robeco Banking and Financial Services or ITI Banking and Financial Services? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Canara Robeco Banking and Financial Services costs less: 1.05% a year against 1.10% (Direct plans).
- Canara Robeco Banking and Financial Services fell less in its worst fall since 23-03-2026: −10.0% against −11.3%.
- Canara Robeco Banking and Financial Services is the larger fund: ₹624 Cr against ₹362 Cr.
- Their portfolios overlap 58.7%: 13 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Canara Robeco Banking and Financial Services Fund | ITI Banking and Financial Services Fund |
|---|---|---|
| Fund house | Canara Robeco Mutual Fund | ITI Mutual Fund |
| Category | Sectoral | Thematic |
| AUM | ₹624 Cr (30-09-2026) | ₹362 Cr (30-09-2026) |
| NAV | ₹10.26 (Direct) | ₹16.18 (Direct) |
| Expense ratio (Direct) | 1.05% | 1.10% |
| Expense ratio (Regular) | 2.65% | 2.80% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Financial Services TRI | Nifty Financial Services TRI |
| Launch date | 20-03-2026 | 06-12-2021 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Amit Kadam / Mr. Shridatta Bhandwaldar | Nilay Dalal, Animesh Singh |
| Exit load | Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 365 days. | Exit load of 0.50%, if redeemed within 3 months. |
Canara Robeco Banking and Financial Services vs ITI Banking and Financial Services: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Canara Robeco Banking and Financial Services Fund (Direct) | −1.91% | −5.96% | −1.44% | -- | -- | -- | -- |
| ITI Banking and Financial Services Fund (Direct) | −2.72% | −7.55% | −3.61% | −5.25% | +10.97% | -- | -- |
| Sectoral average | −1.70% | −4.49% | +2.30% | -- | -- | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | -- | -- |
Category average: the average of the 20 Sectoral funds and the 235 Thematic funds, same plan type.
Canara Robeco Banking and Financial Services vs ITI Banking and Financial Services: Year-wise Returns
| Year | Canara RobecoCanara Robeco Banking and Financial Services | ITIITI Banking and Financial Services | Nifty Financial Services TRI |
|---|---|---|---|
| 2026to date | -- | −7.73% | −9.69% |
| 2025 | -- | +22.69% | +18.60% |
| 2024 | -- | +8.76% | +10.52% |
| 2023 | -- | +16.85% | +14.31% |
| 2022 | -- | +11.83% | +10.47% |
Canara Robeco Banking and Financial Services vs ITI Banking and Financial Services: Rolling Returns
Every holding period of both funds, against Nifty Financial Services TRI, the benchmark of both
Canara Robeco Banking and Financial Services vs ITI Banking and Financial Services: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Canara Robeco Banking and Financial Services Fund (Direct) | ITI Banking and Financial Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.26% | +9.65% |
| Standard deviation | 15.54% | 15.96% |
| Sharpe ratio | 0.06 | 0.24 |
| Sortino ratio | 0.09 | 0.33 |
| Maximum drawdown | −10.0% (27-10-2026) | −16.7% (31-03-2026) |
| Beta | 0.78 | 0.92 |
| Alpha | −0.14% | +2.39% |
From daily NAVs, 23-03-2026 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Canara Robeco Banking and Financial Services Fund (Direct)
ITI Banking and Financial Services Fund (Direct)
Nifty Financial Services TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Canara Robeco Banking and Financial Services Fund (Direct) | −10.0% | 31-08-2026 | 27-10-2026 | Not yet | -- | −9.0% |
| ITI Banking and Financial Services Fund (Direct) | −11.3% | 06-08-2026 | 27-10-2026 | Not yet | -- | −9.9% |
| Nifty Financial Services TRI | −9.9% | 03-08-2026 | 27-10-2026 | Not yet | -- | −8.3% |
From daily values since 23-03-2026, the first day every fund has.
Canara Robeco Banking and Financial Services vs ITI Banking and Financial Services: Portfolio Overlap
From each fund's latest monthly portfolio: Canara Robeco Banking and Financial Services Fund, September 2026; ITI Banking and Financial Services Fund, September 2026
Holdings in common
- Overlap
- 58.7%
- Held by both
- 13
- Only in Canara Robeco Banking and Financial Services
- 17
- Only in ITI Banking and Financial Services
- 20
| Security | % of Canara Robeco Banking and Financial Services | % of ITI Banking and Financial Services |
|---|---|---|
| ICICI Bank Ltd | 10.32% | 10.97% |
| HDFC Bank Ltd | 10.82% | 9.19% |
| Axis Bank Ltd | 7.20% | 7.66% |
| State Bank of India | 7.45% | 6.66% |
| Bajaj Finance Ltd | 5.32% | 6.30% |
| Kotak Mahindra Bank Ltd | 5.25% | 5.80% |
| Shriram Finance Ltd | 3.95% | 4.91% |
| Cholamandalam Investment and Finance Co Ltd | 2.62% | 3.30% |
| RBL Bank Ltd | 2.78% | 2.24% |
| Multi Commodity Exchange Of India Ltd | 2.41% | 2.17% |
| Ujjivan Small Finance Bank Ltd | 4.11% | 1.89% |
| BSE Ltd | 1.38% | 1.01% |
| PB Fintech Ltd | 1.03% | 0.88% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 58.7% means 58.7% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Canara Robeco Banking and Financial Services Fund
| Security | % of fund |
|---|---|
| One 97 Communications Ltd | 4.31% |
| Karur Vysya Bank Ltd | 2.89% |
| Tata Capital Ltd | 2.81% |
| Max Financial Services Ltd | 2.49% |
| Aadhar Housing Finance Ltd | 2.39% |
Largest holdings only in ITI Banking and Financial Services Fund
| Security | % of fund |
|---|---|
| DCB Bank Limited | 2.08% |
| HDFC Life Insurance Company Limited | 2.06% |
| Aditya Birla Capital Limited | 1.97% |
| IIFL Finance Limited | 1.93% |
| AU Small Finance Bank Limited | 1.92% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Canara Robeco Banking and Financial Services | ITI Banking and Financial Services |
|---|---|---|
| Equity | 96.1% | 91.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 3.9% | 9.0% |
Market cap of stocks
| Market cap | Canara Robeco Banking and Financial Services | ITI Banking and Financial Services |
|---|---|---|
| Large Cap | 62.5% | 59.4% |
| Mid Cap | 17.0% | 12.8% |
| Small Cap | 16.5% | 16.6% |
| Not on AMFI's list | 0.0% | 2.3% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Canara Robeco Banking and Financial Services | ITI Banking and Financial Services |
|---|---|---|
| Banks | 52.6% | 57.7% |
| Finance | 21.2% | 22.7% |
| Capital Markets | 13.4% | 5.6% |
| Financial Technology (Fintech) | 5.3% | 3.0% |
| Insurance | 3.5% | 2.1% |
The six largest sectors of each fund's stocks, % of the fund.
Canara Robeco Banking and Financial Services vs ITI Banking and Financial Services: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Canara Robeco Banking and Financial Services Fund | ITI Banking and Financial Services Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.05% | 1.10% |
| Base expense ratio (Direct) | 0.70% | 0.58% |
| Total expense ratio (Regular) | 2.65% | 2.80% |
| Base expense ratio (Regular) | 2.06% | 2.10% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
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Compare ITI Banking and Financial Services with
- ITI Banking and Financial Services vs Nippon India Taiwan Equity
- ITI Banking and Financial Services vs HDFC Defence
- ITI Banking and Financial Services vs HDFC Pharma and Healthcare
- ITI Banking and Financial Services vs SBI Healthcare Opportunities
- ITI Banking and Financial Services vs Aditya Birla Sun Life International Equity
Canara Robeco Banking and Financial Services Fund vs ITI Banking and Financial Services Fund: Frequently Asked Questions
What is the difference between Canara Robeco Banking and Financial Services Fund and ITI Banking and Financial Services Fund?
Canara Robeco Banking and Financial Services Fund is a Sectoral fund, ITI Banking and Financial Services Fund is a Thematic fund, run by Canara Robeco Mutual Fund and ITI Mutual Fund. Their portfolios overlap 58.7%. Canara Robeco Banking and Financial Services Fund charges 1.05% a year and ITI Banking and Financial Services Fund 1.10%.
Which has the lower expense ratio, Canara Robeco Banking and Financial Services Fund or ITI Banking and Financial Services Fund?
Canara Robeco Banking and Financial Services Fund charges less: 1.05% a year against 1.10%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Canara Robeco Banking and Financial Services Fund and ITI Banking and Financial Services Fund overlap?
58.7%. They hold 13 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, AXISBANK. From each fund's latest monthly portfolio.
Which is riskier, Canara Robeco Banking and Financial Services Fund or ITI Banking and Financial Services Fund?
On SEBI's riskometer, Canara Robeco Banking and Financial Services Fund is rated Very High and ITI Banking and Financial Services Fund Very High. Over their common history, the standard deviation of daily returns was 15.54% and 15.96% a year.
Can I invest in both Canara Robeco Banking and Financial Services Fund and ITI Banking and Financial Services Fund?
Yes. 58.7% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Canara Robeco Banking and Financial Services Fund and ITI Banking and Financial Services Fund?
Canara Robeco Banking and Financial Services Fund: Amit Kadam / Mr. Shridatta Bhandwaldar. ITI Banking and Financial Services Fund: Nilay Dalal, Animesh Singh.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.