Edelweiss Financial Services Fund vs ITI Banking and Financial Services Fund
Direct Plan, Growth option · Data as on 30-10-2026
Edelweiss Financial Services Fund is a Thematic fund and ITI Banking and Financial Services Fund is a Thematic fund. Edelweiss Financial Services Fund charges 0.96% a year and ITI Banking and Financial Services Fund 1.10% (Direct plans). Their portfolios overlap 60.1%: they hold 16 of the same securities.
Edelweiss Financial Services Fund
Thematic
- Expense ratio
- 0.96%
- NAV
- ₹8.91
ITI Banking and Financial Services Fund
Thematic
- Expense ratio
- 1.10%
- NAV
- ₹16.18
Which is better, Edelweiss 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.
- Edelweiss Financial Services costs less: 0.96% a year against 1.10% (Direct plans).
- Edelweiss Financial Services fell less in its worst fall since 18-02-2026: −15.8% against −16.7%.
- ITI Banking and Financial Services is the larger fund: ₹362 Cr against ₹274 Cr.
- Their portfolios overlap 60.1%: 16 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 | Edelweiss Financial Services Fund | ITI Banking and Financial Services Fund |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | ITI Mutual Fund |
| Category | Thematic | Thematic |
| AUM | ₹274 Cr (30-09-2026) | ₹362 Cr (30-09-2026) |
| NAV | ₹8.91 (Direct) | ₹16.18 (Direct) |
| Expense ratio (Direct) | 0.96% | 1.10% |
| Expense ratio (Regular) | 2.57% | 2.80% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Financial Services TRI | Nifty Financial Services TRI |
| Launch date | 16-02-2026 | 06-12-2021 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Trideep Bhattacharya, Ashwani Agarwalla, Ashish Sood, Amit Vora | Nilay Dalal, Animesh Singh |
| Exit load | Exit load of 1%, if redeemed within 90 days. | Exit load of 0.50%, if redeemed within 3 months. |
Edelweiss 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 |
|---|---|---|---|---|---|---|---|
| Edelweiss Financial Services Fund (Direct) | −1.24% | −6.54% | −4.24% | -- | -- | -- | -- |
| ITI Banking and Financial Services Fund (Direct) | −2.72% | −7.55% | −3.61% | −5.25% | +10.97% | -- | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | -- | -- |
Category average: the average of the 235 Thematic funds, same plan type.
Edelweiss Financial Services vs ITI Banking and Financial Services: Year-wise Returns
| Year | EdelweissEdelweiss Financial Services | ITI Banking andITI 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% |
Edelweiss 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
Edelweiss 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 | Edelweiss Financial Services Fund (Direct) | ITI Banking and Financial Services Fund (Direct) |
|---|---|---|
| Return (CAGR) | −15.82% | +9.65% |
| Standard deviation | 19.04% | 15.96% |
| Sharpe ratio | -1.11 | 0.24 |
| Sortino ratio | -1.50 | 0.33 |
| Maximum drawdown | −15.8% (30-03-2026) | −16.7% (31-03-2026) |
| Beta | 0.96 | 0.92 |
| Alpha | +0.54% | +2.39% |
From daily NAVs, 18-02-2026 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.
Edelweiss 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 |
|---|---|---|---|---|---|---|
| Edelweiss Financial Services Fund (Direct) | −15.8% | 26-02-2026 | 30-03-2026 | Not yet | -- | −11.5% |
| ITI Banking and Financial Services Fund (Direct) | −16.7% | 18-02-2026 | 31-03-2026 | Not yet | -- | −10.5% |
| Nifty Financial Services TRI | −17.3% | 18-02-2026 | 30-03-2026 | Not yet | -- | −12.4% |
From daily values since 18-02-2026, the first day every fund has.
Edelweiss Financial Services vs ITI Banking and Financial Services: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Financial Services Fund, September 2026; ITI Banking and Financial Services Fund, September 2026
Holdings in common
- Overlap
- 60.1%
- Held by both
- 16
- Only in Edelweiss Financial Services
- 18
- Only in ITI Banking and Financial Services
- 17
| Security | % of Edelweiss Financial Services | % of ITI Banking and Financial Services |
|---|---|---|
| ICICI Bank Ltd. | 10.86% | 10.97% |
| HDFC Bank Ltd. | 11.55% | 9.19% |
| Axis Bank Ltd. | 7.51% | 7.66% |
| State Bank of India | 8.33% | 6.66% |
| Kotak Mahindra Bank Ltd. | 5.21% | 5.80% |
| Shriram Finance Ltd. | 5.64% | 4.91% |
| Cholamandalam Investment & Finance Company Ltd. | 2.71% | 3.30% |
| Bajaj Finance Ltd. | 2.62% | 6.30% |
| Multi Commodity Exchange Of India Ltd. | 3.33% | 2.17% |
| AU Small Finance Bank Ltd. | 2.00% | 1.92% |
| City Union Bank Ltd. | 3.19% | 1.71% |
| Ujjivan Small Finance Bank Ltd. | 1.47% | 1.89% |
| PNB Housing Finance Ltd. | 2.50% | 1.27% |
| BSE Ltd. | 5.29% | 1.01% |
| PB Fintech Ltd. | 0.67% | 0.88% |
| SBI Funds Management Ltd. | 0.22% | 0.44% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 60.1% means 60.1% 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 Edelweiss Financial Services Fund
| Security | % of fund |
|---|---|
| SBI Life Insurance Company Ltd. | 3.22% |
| Karur Vysya Bank Ltd. | 2.34% |
| The Federal Bank Ltd. | 2.03% |
| Creditaccess Grameen Ltd. | 1.86% |
| Max Financial Services Ltd. | 1.73% |
Largest holdings only in ITI Banking and Financial Services Fund
| Security | % of fund |
|---|---|
| RBL Bank Limited | 2.24% |
| DCB Bank Limited | 2.08% |
| HDFC Life Insurance Company Limited | 2.06% |
| Aditya Birla Capital Limited | 1.97% |
| IIFL Finance Limited | 1.93% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Financial Services | ITI Banking and Financial Services |
|---|---|---|
| Equity | 96.7% | 91.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 3.3% | 9.0% |
Market cap of stocks
| Market cap | Edelweiss Financial Services | ITI Banking and Financial Services |
|---|---|---|
| Large Cap | 68.9% | 59.4% |
| Mid Cap | 11.4% | 12.8% |
| Small Cap | 16.2% | 16.6% |
| Not on AMFI's list | 0.2% | 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 | Edelweiss Financial Services | ITI Banking and Financial Services |
|---|---|---|
| Banks | 57.1% | 57.7% |
| Finance | 21.2% | 22.7% |
| Capital Markets | 12.8% | 5.6% |
| Insurance | 5.0% | 2.1% |
| Financial Technology (Fintech) | 0.7% | 3.0% |
The six largest sectors of each fund's stocks, % of the fund.
Edelweiss Financial Services vs ITI Banking and Financial Services: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Financial Services Fund | ITI Banking and Financial Services Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.96% | 1.10% |
| Base expense ratio (Direct) | 0.71% | 0.58% |
| Total expense ratio (Regular) | 2.57% | 2.80% |
| Base expense ratio (Regular) | 2.10% | 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
Compare Edelweiss Financial Services with
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- ITI Banking and Financial Services vs Aditya Birla Sun Life International Equity
Edelweiss Financial Services Fund vs ITI Banking and Financial Services Fund: Frequently Asked Questions
What is the difference between Edelweiss Financial Services Fund and ITI Banking and Financial Services Fund?
Edelweiss Financial Services Fund is a Thematic fund, ITI Banking and Financial Services Fund is a Thematic fund, run by Edelweiss Mutual Fund and ITI Mutual Fund. Their portfolios overlap 60.1%. Edelweiss Financial Services Fund charges 0.96% a year and ITI Banking and Financial Services Fund 1.10%.
Which has the lower expense ratio, Edelweiss Financial Services Fund or ITI Banking and Financial Services Fund?
Edelweiss Financial Services Fund charges less: 0.96% a year against 1.10%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Edelweiss Financial Services Fund and ITI Banking and Financial Services Fund overlap?
60.1%. They hold 16 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, AXISBANK. From each fund's latest monthly portfolio.
Which is riskier, Edelweiss Financial Services Fund or ITI Banking and Financial Services Fund?
On SEBI's riskometer, Edelweiss 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 19.04% and 15.96% a year.
Can I invest in both Edelweiss Financial Services Fund and ITI Banking and Financial Services Fund?
Yes. 60.1% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Edelweiss Financial Services Fund and ITI Banking and Financial Services Fund?
Edelweiss Financial Services Fund: Trideep Bhattacharya, Ashwani Agarwalla, Ashish Sood, Amit Vora. 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.