ITI Banking and PSU Debt Fund – Direct (IDCW)

Debt · Banking and PSU
500
Min SIP
5,000
Min Lumpsum
0.15 %
Expense Ratio
Rating
30
Fund Size (in Cr)
3 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 3 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 16 February 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 7.6% 6% - 5.6%
Category Average 21.4% 14% 16.9% -

Scheme Allocation

By Holding
By Sector
By Asset
GSEC2032
22.21%
TREPS
19.54%
NHPC Ltd
10.04%
Indian Bank
10.01%
Axis Bank
9.63%
Others
28.57%
View all Holdings
Holdings Sector Instrument Asset
GSEC2032 - - 22.21%
TREPS - - 19.54%
NHPC Ltd - - 10.04%
Indian Bank - - 10.01%
Axis Bank - - 9.63%
Power Fin.Corpn. - - 9.27%
S I D B I - - 9.27%
C P C L - - 9.25%
B P C L - - 7.44%
Power Grid Corpn - - 7.44%
Net CA & Others - - -14.1%
Others
100%
View all Sectors
Sectors Asset
Corporate Debentures
51.98%
Govt Securities / Sovereign
23.02%
Certificate of Deposit
19.02%
Net Curr Ass/Net Receivables
3.29%
Reverse Repos
2.43%
Others
0.26%
View all Assets
Assets Asset
Corporate Debentures 51.98%
Govt Securities / Sovereign 23.02%
Certificate of Deposit 19.02%
Net Curr Ass/Net Receivables 3.29%
Reverse Repos 2.43%

Advance Ratio

-1.28
Alpha
0.23
SD
0.01
Beta
-1.52
Sharpe

Exit Load

Exit Load Nil

Fund Objective

The investment objective of the Scheme is 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. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Fund Managers

Vikrant Mehta - Fixed income - Fund Manager

Mr Vikrant Mehta joined ITI Mutual Fund in January 2021 and is currently leading the Fixed Income group. He has more than 25 years of experience in the emerging markets segment.

Before joining ITI Mutual Fund, Vikrant headed the Fixed Income group at Indiabulls Asset Management. His previous stints include PineBridge Investments, AIF, NVS Brokerage, Morgan Stanley and Mata Securities.

He is currently managing schemes like ITI Banking & PSU Debt Fund Direct-Growth, ITI Dynamic Bond Fund Direct-Growth and ITI Liquid Fund Direct-Growth.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

ITI Mutual Fund
AUM:
4,712 Cr
Address:
ITI House 36, Dr.R.K.Shirodkar Marg, Parel Mumbai - 400012,400013
Contact:
022-66214999
Email ID:
mfassist@itiorg.com

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Frequently Asked Questions

How to invest in ITI Banking and PSU Debt Fund – Direct (IDCW) ?

You can invest in ITI Banking and PSU Debt Fund – Direct (IDCW) in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for ITI Banking and PSU Debt Fund – Direct (IDCW) in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of ITI Banking and PSU Debt Fund – Direct (IDCW) ?

The NAV of ITI Banking and PSU Debt Fund – Direct (IDCW) is ₹11.9 as of 16 February 2024.

How to redeem ITI Banking and PSU Debt Fund – Direct (IDCW) holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of ITI Banking and PSU Debt Fund – Direct (IDCW)?

The minimum SIP amount of ITI Banking and PSU Debt Fund – Direct (IDCW) is ₹500

How can I redeem my investments in ITI Banking and PSU Debt Fund – Direct (IDCW)?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select ITI Banking and PSU Debt Fund – Direct (IDCW) in Scheme, enter the redemption amount, and click on submit button.

How much returns have ITI Banking and PSU Debt Fund – Direct (IDCW) generated ?

The ITI Banking and PSU Debt Fund – Direct (IDCW) has delivered 5.6% since inception

What is the expense ratio of ITI Banking and PSU Debt Fund – Direct (IDCW) ?

The expense ratio of ITI Banking and PSU Debt Fund – Direct (IDCW) is 0.15 % as of 16 February 2024.

What is the AUM of ITI Banking and PSU Debt Fund – Direct (IDCW)?

The AUM of ITI Banking and PSU Debt Fund – Direct (IDCW) is ₹4,712 Cr as of 16 February 2024

What are the top stock holdings of ITI Banking and PSU Debt Fund – Direct (IDCW)?

The top stock holdings of ITI Banking and PSU Debt Fund – Direct (IDCW) are
  1. GSEC2032 - 22.21%
  2. TREPS - 19.54%
  3. NHPC Ltd - 10.04%
  4. Indian Bank - 10.01%
  5. Axis Bank - 9.63%

Can I make investments in both the SIP and Lump Sum schemes of ITI Banking and PSU Debt Fund – Direct (IDCW)?

Yes, You can select both SIP or Lumpsum investment of ITI Banking and PSU Debt Fund – Direct (IDCW) based on your investment objective and risk tolerance.
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