October 24, 2026
mayank
ITI Banking & PSU Debt Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 14.20 |
| NAV IDCW (Rs.) | 14.19 |
| Bonus NaV (Rs.) | — |
| Min. Investment (Rs.) | 5,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. No of Cheques | 12 |
| Benchmark |
CRISIL Banking and PSU Debt A-II
|
| AUM Rs. | 34 Cr |
| (As on 30-Sep-2026) | |
| Expense | 0.18% |
| 1 Year Return (%) | 4.04 |
| 3 Year Return (%) | 6.79 |
| 5 Year Return (%) | 6.24 |
| 10 Year Return (%) | — |
| Return Since Launch | 6.01% |
Suitable For Which Investors?
Banking and PSU Debt funds are suitable for:
1. Debt allocation in your long-term portfolio
2. Earning marginally higher returns than fixed deposits, with low-to-moderate volatility and flexibility to redeem anytime
3. Investment horizon of 2-3 years
Note:
• Unlike FD, there is no guarantee of returns
• Not suitable for long-term wealth creation
Fund’s Investment Strategy:
The scheme seeks to generate income / capital appreciation through investments in debt and money market instruments consisting predominantly of securities issued by
entities such as Scheduled Commercial Banks(SCBs), Public Sector undertakings(PSUs), Public Financial Institutions(PFIs) and Municipal Bonds.
Fund Manager:
1) Laukik Bagwe
Education: Mr. Bagwe is a B.Com (H) and PGDBA (Finance)
Experience: Prior to joining ITI Mutual fund he has worked with DSP Mutual Fund, Derivium Capital and Securities Pvt. Ltd. and with Birla Sun Life Securities Ltd.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of ITI Banking & PSU Debt Fund
| Fund House | ITI Mutual Fund |
| Launch Date | 22-Oct-20 |
| Return Since Launch | 6.01% |
| Benchmark | CRISIL Banking and PSU Debt A-II |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | 34 Cr |
| (As on 30-Sep-2026) | |
| Expense | 0.18% |
| (As on 30-Sep-2026) | |
| Risk Grade | Low |
| Return Grade | Average |
ITI Banking & PSU Debt Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ITI Banking & PSU Debt Dir | 3.27 | -0.04 | -0.35 | 0.43 | 1.81 | 4.04 | 6.79 | 6.24 | — | — |
| Debt: Banking and PSU Debt | 3.13 | -0.03 | -0.44 | 0.19 | 2.03 | 3.91 | 6.83 | 6.06 | — | — |
| Rank within category | 6 | 15 | 8 | 7 | 13 | 6 | 12 | 4 | — | — |
| Number of funds in category | 20 | 20 | 20 | 20 | 20 | 20 | 19 | 18 | 16 | 14 |
Peer Comparison of ITI Banking & PSU Debt Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| ITI Banking & PSU Debt Dir | 4 out of 5 stars | 4.04 | 6.79 | 6.24 | 0.18 | 34 | 6.01 | — | 6Y |
| Bandhan Banking and PSU Debt Dir | 4 out of 5 stars | 4.95 | 6.99 | 6.20 | 0.32 | 11,893 | 7.59 | — | 13Y 7M |
| ICICI Pru Banking and PSU Debt Dir | 4 out of 5 stars | 3.99 | 6.85 | 6.43 | 0.33 | 8,041 | 7.89 | — | 13Y 9M |
| LIC MF Banking & PSU Debt Dir | 4 out of 5 stars | 4.19 | 7.12 | 6.19 | 0.23 | 1,598 | 7.27 | — | 13Y 9M |
| UTI Banking & PSU Debt Dir | 5 out of 5 stars | 5.66 | 7.46 | 7.74 | 0.20 | 1,448 | 7.16 | — | 12Y 8M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 12 | 72 |
| Macaulay Duration (yrs) | 1.20 | 2.07 |
| Average Maturity (yrs) | 1.42 | 2.73 |
| Yield to Maturity (%) | 6.90 | 7.32 |
| Avg Credit Rating | AAA | — |
Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
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