ITI Banking and Financial Services Fund vs SBI Long Term Advantage Fund - Series IV
Direct Plan, Growth option · Data as on 30-10-2026
ITI Banking and Financial Services Fund is a Thematic fund and SBI Long Term Advantage Fund - Series IV is an ELSS fund. In the 3 years to 30-10-2026, ITI Banking and Financial Services Fund (Direct) returned 11.0% a year and SBI Long Term Advantage Fund - Series IV (Direct) returned 6.0% a year. ITI Banking and Financial Services Fund charges 1.10% a year and SBI Long Term Advantage Fund - Series IV 1.23% (Direct plans). Their portfolios overlap 29.4%: they hold 7 of the same securities.
ITI Banking and Financial Services Fund
Thematic
- 3 year return
- 11.0%
- Expense ratio
- 1.10%
- NAV
- ₹16.18
SBI Long Term Advantage Fund - Series IV
ELSS
- 3 year return
- 6.0%
- Expense ratio
- 1.23%
- NAV
- ₹45.36
Which is better, ITI Banking and Financial Services or SBI Long Term Advantage Fund - Series IV? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- ITI Banking and Financial Services returned more over 3 years: 11.0% a year against 6.0%.
- ITI Banking and Financial Services returned more over 1 year: −5.3% against −11.2%.
- ITI Banking and Financial Services costs less: 1.10% a year against 1.23% (Direct plans).
- SBI Long Term Advantage Fund - Series IV swung less over 3 years: a standard deviation of 13.6% a year against 16.2%.
- ITI Banking and Financial Services fell less in its worst fall since 08-12-2021: −16.7% against −21.0%.
- ITI Banking and Financial Services holds more in large companies: 59.4% of the fund in large caps against 47.8%.
- ITI Banking and Financial Services is the larger fund: ₹362 Cr against ₹181 Cr.
- Their portfolios overlap 29.4%: 7 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 | ITI Banking and Financial Services Fund | SBI Long Term Advantage Fund - Series IV |
|---|---|---|
| Fund house | ITI Mutual Fund | SBI Mutual Fund |
| Category | Thematic | ELSS |
| AUM | ₹362 Cr (30-09-2026) | ₹181 Cr (30-09-2026) |
| NAV | ₹16.18 (Direct) | ₹45.36 (Direct) |
| Expense ratio (Direct) | 1.10% | 1.23% |
| Expense ratio (Regular) | 2.80% | 1.43% |
| Riskometer | Very High | Not available |
| Benchmark | Nifty Financial Services TRI | Not available |
| Launch date | 06-12-2021 | Not available |
| Minimum investment | ₹5,000 | Not available |
| Lock in | None | Not available |
| Fund managers | Nilay Dalal, Animesh Singh | Not available |
| Exit load | Exit load of 0.50%, if redeemed within 3 months. | Not available |
ITI Banking and Financial Services vs SBI Long Term Advantage Fund - Series IV: 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 |
|---|---|---|---|---|---|---|---|
| ITI Banking and Financial Services Fund (Direct) | −2.72% | −7.55% | −3.61% | −5.25% | +10.97% | -- | -- |
| SBI Long Term Advantage Fund - Series IV (Direct) | −2.56% | −8.81% | −7.36% | −11.16% | +6.01% | +7.77% | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | -- | -- |
| ELSS average | −2.34% | −5.61% | −1.63% | −5.75% | +10.92% | +10.29% | -- |
Category average: the average of the 235 Thematic funds and the 50 ELSS funds, same plan type.
ITI Banking and Financial Services vs SBI Long Term Advantage Fund - Series IV: Year-wise Returns
| Year | ITI Banking and Financial ServicesITI Banking and Financial Services | SBI Long Term Advantage Fund - Series IVSBI Long Term Advantage Fund - Series IV |
|---|---|---|
| 2026to date | −7.73% | −11.73% |
| 2025 | +22.69% | +4.26% |
| 2024 | +8.76% | +21.06% |
| 2023 | +16.85% | +24.40% |
| 2022 | +11.83% | +6.81% |
| 2021 | -- | +59.30% |
ITI Banking and Financial Services vs SBI Long Term Advantage Fund - Series IV: Rolling Returns
Every holding period of both funds, against Nifty Financial Services TRI, the benchmark of ITI Banking and Financial Services Fund
Rolling returns
Every 3-year holding period, 467 of them, one for each trading day from 09-12-2024 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
ITI Banking and Financial Services Fund (Direct)
SBI Long Term Advantage Fund - Series IV (Direct)
Nifty Financial Services TRI
to
Feb 2025May 2022
to
May 2025Sept 2022
to
Sept 2025Jan 2023
to
Jan 2026May 2023
to
May 2026Sept 2023
to
Sept 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ITI Banking and Financial Services | 0.0 | 0.0 | 0.2 | 51.4 | 42.0 | 6.4 | 0.0 | 15.1% | 14.9% | 9.5% | 22.1% | 96% |
| SBI Long Term Advantage Fund - Series IV | 0.0 | 0.0 | 9.1 | 49.5 | 41.2 | 0.2 | 0.0 | 14.1% | 14.5% | 5.3% | 20.3% | 57% |
| Nifty Financial Services TRI | 0.0 | 0.0 | 14.6 | 54.2 | 26.1 | 5.1 | 0.0 | 13.7% | 13.7% | 7.4% | 21.9% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty Financial Services TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 08-12-2021. Past returns do not promise future returns.
ITI Banking and Financial Services vs SBI Long Term Advantage Fund - Series IV: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 08-12-2021 to 30-10-2026: 59 instalments, ₹5,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ITI Banking and Financial ServicesITI Banking and Financial Services Fund (Direct) | ₹5,90,000 | ₹7,34,627 | ₹1,44,627 | 8.9% |
| SBI Long Term Advantage Fund - Series IVSBI Long Term Advantage Fund - Series IV (Direct) | ₹5,90,000 | ₹6,67,773 | ₹77,773 | 5.0% |
ITI Banking and Financial ServicesITI Banking and Financial Services Fund (Direct)
SBI Long Term Advantage Fund - Series IVSBI Long Term Advantage Fund - Series IV (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
ITI Banking and Financial Services vs SBI Long Term Advantage Fund - Series IV: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ITI Banking and Financial Services Fund (Direct) | SBI Long Term Advantage Fund - Series IV (Direct) |
|---|---|---|
| Return (CAGR) | −5.25% | −11.16% |
| Standard deviation | 17.70% | 15.11% |
| Sharpe ratio | -0.59 | -1.09 |
| Sortino ratio | -0.82 | -1.43 |
| Maximum drawdown | −16.7% (31-03-2026) | −14.7% (31-03-2026) |
| Beta | 0.98 | 1.01 |
| Alpha | +3.30% | −3.36% |
From daily NAVs, 30-10-2025 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.
| Measure | ITI Banking and Financial Services Fund (Direct) | SBI Long Term Advantage Fund - Series IV (Direct) |
|---|---|---|
| Return (CAGR) | +10.97% | +6.01% |
| Standard deviation | 16.16% | 13.64% |
| Sharpe ratio | 0.31 | -0.00 |
| Sortino ratio | 0.42 | -0.00 |
| Maximum drawdown | −16.7% (31-03-2026) | −21.0% (07-04-2025) |
| Beta | 0.96 | 0.87 |
| Alpha | +1.34% | −3.37% |
From daily NAVs, 30-10-2023 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.
| Measure | ITI Banking and Financial Services Fund (Direct) | SBI Long Term Advantage Fund - Series IV (Direct) |
|---|---|---|
| Return (CAGR) | +9.65% | +17.11% |
| Standard deviation | 15.96% | 14.97% |
| Sharpe ratio | 0.24 | 0.78 |
| Sortino ratio | 0.33 | 1.06 |
| Maximum drawdown | −16.7% (31-03-2026) | −34.4% (23-03-2020) |
| Beta | 0.92 | 0.81 |
| Alpha | +2.39% | +6.13% |
From daily NAVs, 08-12-2021 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.
ITI Banking and Financial Services Fund (Direct)
SBI Long Term Advantage Fund - Series IV (Direct)
Nifty Financial Services TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ITI Banking and Financial Services Fund (Direct) | −16.7% | 18-02-2026 | 31-03-2026 | Not yet | -- | −10.5% |
| SBI Long Term Advantage Fund - Series IV (Direct) | −21.0% | 23-09-2024 | 07-04-2025 | Not yet | -- | −16.2% |
| Nifty Financial Services TRI | −19.2% | 12-01-2022 | 16-06-2022 | 13-09-2022 | 3 months | −12.4% |
From daily values since 08-12-2021, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
ITI Banking and Financial Services Fund (Direct)
SBI Long Term Advantage Fund - Series IV (Direct)
Nifty Financial Services TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
ITI Banking and Financial Services Fund (Direct)
SBI Long Term Advantage Fund - Series IV (Direct)
Nifty Financial Services TRI
Against Nifty Financial Services TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| ITI Banking and Financial Services Fund (Direct) | 100% | 89% | 4.47% |
| SBI Long Term Advantage Fund - Series IV (Direct) | 85% | 78% | 11.04% |
From month-end values since 08-12-2021. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
ITI Banking and Financial Services vs SBI Long Term Advantage Fund - Series IV: Portfolio Overlap
From each fund's latest monthly portfolio: ITI Banking and Financial Services Fund, September 2026; SBI Long Term Advantage Fund - Series IV, September 2026
Holdings in common
- Overlap
- 29.4%
- Held by both
- 7
- Only in ITI Banking and Financial Services
- 26
- Only in SBI Long Term Advantage Fund - Series IV
- 22
| Security | % of ITI Banking and Financial Services | % of SBI Long Term Advantage Fund - Series IV |
|---|---|---|
| ICICI Bank Limited | 10.97% | 7.66% |
| Bajaj Finance Limited | 6.30% | 7.41% |
| HDFC Bank Limited | 9.19% | 3.91% |
| Kotak Mahindra Bank Limited | 5.80% | 3.68% |
| State Bank of India | 6.66% | 3.18% |
| Cholamandalam Investment and Finance Company Ltd | 3.30% | 3.13% |
| Manappuram Finance Limited | 1.54% | 2.44% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 29.4% means 29.4% 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 ITI Banking and Financial Services Fund
| Security | % of fund |
|---|---|
| Axis Bank Limited | 7.66% |
| Shriram Finance Limited | 4.91% |
| RBL Bank Limited | 2.24% |
| Multi Commodity Exchange of India Limited | 2.17% |
| DCB Bank Limited | 2.08% |
Largest holdings only in SBI Long Term Advantage Fund - Series IV
| Security | % of fund |
|---|---|
| Eicher Motors Ltd. | 4.73% |
| Navin Fluorine International Ltd. | 4.09% |
| Tata Motors Ltd. | 3.95% |
| Delhivery Ltd. | 3.84% |
| Sun Pharmaceutical Industries Ltd. | 3.51% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ITI Banking and Financial Services | SBI Long Term Advantage Fund - Series IV |
|---|---|---|
| Equity | 91.0% | 94.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 9.0% | 6.0% |
Market cap of stocks
| Market cap | ITI Banking and Financial Services | SBI Long Term Advantage Fund - Series IV |
|---|---|---|
| Large Cap | 59.4% | 47.8% |
| Mid Cap | 12.8% | 15.2% |
| Small Cap | 16.6% | 27.7% |
| Not on AMFI's list | 2.3% | 3.3% |
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 | ITI Banking and Financial Services | SBI Long Term Advantage Fund - Series IV |
|---|---|---|
| Banks | 57.7% | 18.4% |
| Finance | 22.7% | 20.5% |
| Transport Services | 0.0% | 6.8% |
| Automobiles | 0.0% | 6.7% |
| Agricultural, Commercial & Construction Vehicles | 0.0% | 6.1% |
| Capital Markets | 5.6% | 0.0% |
| Construction | 0.0% | 5.3% |
| Financial Technology (Fintech) | 3.0% | 0.0% |
| Insurance | 2.1% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
ITI Banking and Financial Services vs SBI Long Term Advantage Fund - Series IV: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ITI Banking and Financial Services Fund | SBI Long Term Advantage Fund - Series IV |
|---|---|---|
| Total expense ratio (Direct) | 1.10% | 1.23% |
| Base expense ratio (Direct) | 0.58% | 0.83% |
| Total expense ratio (Regular) | 2.80% | 1.43% |
| Base expense ratio (Regular) | 2.10% | 1.00% |
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 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
Compare SBI Long Term Advantage Fund - Series IV with
- SBI Long Term Advantage Fund - Series IV vs Motilal Oswal ELSS Tax Saver
- SBI Long Term Advantage Fund - Series IV vs SBI Long Term Advantage Fund - Series V
- SBI Long Term Advantage Fund - Series IV vs JM ELSS - Tax Saver
- SBI Long Term Advantage Fund - Series IV vs WhiteOak Capital ELSS Tax Saver
- SBI Long Term Advantage Fund - Series IV vs HSBC ELSS Tax saver
ITI Banking and Financial Services Fund vs SBI Long Term Advantage Fund - Series IV: Frequently Asked Questions
What is the difference between ITI Banking and Financial Services Fund and SBI Long Term Advantage Fund - Series IV?
ITI Banking and Financial Services Fund is a Thematic fund, SBI Long Term Advantage Fund - Series IV is an ELSS fund, run by ITI Mutual Fund and SBI Mutual Fund. Their portfolios overlap 29.4%. ITI Banking and Financial Services Fund charges 1.10% a year and SBI Long Term Advantage Fund - Series IV 1.23%.
Which has given higher returns, ITI Banking and Financial Services Fund or SBI Long Term Advantage Fund - Series IV?
Over 1 year: ITI Banking and Financial Services Fund −5.25%, SBI Long Term Advantage Fund - Series IV −11.16%. Over 3 years: ITI Banking and Financial Services Fund +10.97% a year, SBI Long Term Advantage Fund - Series IV +6.01% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ITI Banking and Financial Services Fund or SBI Long Term Advantage Fund - Series IV?
ITI Banking and Financial Services Fund charges less: 1.10% a year against 1.23%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ITI Banking and Financial Services Fund and SBI Long Term Advantage Fund - Series IV overlap?
29.4%. They hold 7 of the same securities, the largest shared ones being ICICIBANK, BAJFINANCE, HDFCBANK. From each fund's latest monthly portfolio.
Which is better for SIP, ITI Banking and Financial Services Fund or SBI Long Term Advantage Fund - Series IV?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,98,093 in ITI Banking and Financial Services Fund (XIRR 4.7% a year) and ₹3,58,650 in SBI Long Term Advantage Fund - Series IV (XIRR -2.0% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both ITI Banking and Financial Services Fund and SBI Long Term Advantage Fund - Series IV?
Yes. 29.4% of each fund's money sits in the same holdings, so some of the two investments would move together.
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.