ITI Banking & PSU Debt Fund

Debt · Banking and PSU
 · ★★★★★
500
Min SIP
5,000
Min Lumpsum
0.15 %
Expense Ratio
★★★★★
Rating
37
Fund Size (in Cr)
3 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 1 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 01 June 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 6.6% - - 5.1%
Category Average 14.1% 24.8% 13.5% -

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%
Others
100%
Reverse Repos
27.74%
Certificate of Deposit
27.54%
Corporate Debentures
26.93%
Commercial Paper
9.45%
Govt Securities / Sovereign
6.89%
Others
1.45%

Advance Ratio

-
Alpha
-
SD
-
Beta
-
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:
3,611 Cr
Address:
ITI House 36, Dr.R.K.Shirodkar Marg, Parel Mumbai - 400012,400013
Contact:
022-66214999
Email ID:
mfassist@itiorg.com

Frequently Asked Questions

How to invest in ITI Banking & PSU Debt Fund ?

You can invest in ITI Banking & PSU Debt Fund 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 & PSU Debt Fund 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 & PSU Debt Fund ?

The NAV of ITI Banking & PSU Debt Fund is ₹11.3 as of 01 June 2023.

How to redeem ITI Banking & PSU Debt Fund 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 & PSU Debt Fund?

The minimum SIP amount of ITI Banking & PSU Debt Fund is ₹500

How much returns have ITI Banking & PSU Debt Fund generated ?

The ITI Banking & PSU Debt Fund has delivered 5.1% since inception

What is the expense ratio of ITI Banking & PSU Debt Fund ?

The expense ratio of ITI Banking & PSU Debt Fund is 0.15 % as of 01 June 2023.

What is the AUM of ITI Banking & PSU Debt Fund?

The AUM of ITI Banking & PSU Debt Fund is ₹3,611 Cr as of 01 June 2023

What are the top stock holdings of ITI Banking & PSU Debt Fund?

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