ITI Banking & PSU Debt Fund Direct Growth

Fund Overview

Fund Size

₹34 Cr

Expense Ratio

0.23%

ISIN

INF00XX01861

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

22 Oct 2020

About this fund

ITI Banking & PSU Debt Fund Direct Growth is a Banking & PSU mutual fund schemes offered by ITI Mutual Fund. This fund has been in existence for 5 years, 10 months and 26 days, having been launched on 22-Oct-20.
As of 16-Sep-26, it has a Net Asset Value (NAV) of ₹14.23, Assets Under Management (AUM) of 33.69 Crores, and an expense ratio of 0.23%.

ITI Banking & PSU Debt Fund Direct Growth has given a CAGR return of 6.16% since inception.
The fund's asset allocation comprises around 0.00% in equities, 80.31% in debts, and 19.69% in cash & cash equivalents.
You can start investing in ITI Banking & PSU Debt Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+5.08%

+4.61% (Cat Avg.)

3 Years

+7.05%

+6.63% (Cat Avg.)

5 Years

+6.33%

+5.83% (Cat Avg.)

Since Inception

+6.16%

— (Cat Avg.)

Portfolio Summaryas of 31st August 2026

Debt	₹27.05 Cr	80.31%
Others	₹6.63 Cr	19.69%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
6.94% Govt Stock 2036	Bond - Gov't/Treasury	₹5.99 Cr	17.80%
Nuclear Power Corporation Of India Limited	Bond - Corporate Bond	₹3.04 Cr	9.01%
Rec Limited	Bond - Corporate Bond	₹3.01 Cr	8.92%
National Housing Bank	Bond - Corporate Bond	₹3.01 Cr	8.92%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹3 Cr	8.90%
HDFC Bank Limited	Cash - CD/Time Deposit	₹2.92 Cr	8.67%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹2.5 Cr	7.44%
Power Finance Corporation Limited	Bond - Corporate Bond	₹2.5 Cr	7.42%
Net Receivables / (Payables)	Cash	₹2.07 Cr	6.13%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹2 Cr	5.92%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹1 Cr	2.96%
Bank Of Baroda	Cash - CD/Time Deposit	₹0.97 Cr	2.87%
6.9% Govt Stock 2065	Bond - Gov't/Treasury	₹0.91 Cr	2.69%
Punjab National Bank Red	Cash - CD/Time Deposit	₹0.5 Cr	1.48%
Treps 01-Sep-2026	Cash - Repurchase Agreement	₹0.18 Cr	0.53%
SBI Funds Management Private Ltd	Bond - Corporate Bond	₹0.11 Cr	0.33%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Bond - Corporate Bond	₹20.15 Cr	59.82%
Bond - Gov't/Treasury	₹6.9 Cr	20.49%
Cash - CD/Time Deposit	₹4.39 Cr	13.03%
Cash	₹2.07 Cr	6.13%
Cash - Repurchase Agreement	₹0.18 Cr	0.53%

Risk & Performance Ratios

Fund Managers

Laukik Bagwe

Since February 2025

Additional Scheme Detailsas of 31st August 2026

ISIN

INF00XX01861

Expense Ratio

0.23%

Exit Load

No Charges

Fund Size

₹34 Cr

Age

5 years 10 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

CRISIL Banking and PSU Debt A-II TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Banking & PSU Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Bajaj Finserv Banking and PSU Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹368.32 Cr	4.5%
Bajaj Finserv Banking and PSU Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹368.32 Cr	5.1%
HSBC Banking & PSU Debt Direct Growth Moderate Risk	0.2%	0.0%	₹3799.26 Cr	5.2%
LIC MF Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1648.88 Cr	5.5%
Axis Banking & PSU Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹12003.89 Cr	5.2%
Invesco India Banking & PSU Debt Fund Regular Growth Moderate Risk	0.5%	0.0%	₹82.76 Cr	4.8%
DSP Banking & PSU Debt Fund Regular Growth Low Risk	0.9%	0.0%	₹3270.25 Cr	4.3%
DSP Banking & PSU Debt Fund Direct Growth Low Risk	0.6%	0.0%	₹3270.25 Cr	4.6%
Edelweiss Banking and PSU Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹3136.46 Cr	5.0%
Edelweiss Banking and PSU Debt Fund Regular Growth Moderate Risk	0.7%	0.0%	₹3136.46 Cr	4.7%
Kotak Banking & PSU Debt Direct Growth Low to Moderate Risk	0.4%	0.0%	₹4999.10 Cr	5.7%
Nippon India Banking & PSU Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹5180.49 Cr	5.2%
Nippon India Banking & PSU Debt Fund Regular Growth Moderate Risk	0.8%	0.0%	₹5180.49 Cr	4.8%
TrustMF Banking & PSU Debt Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹130.72 Cr	6.7%
TrustMF Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹130.72 Cr	7.3%
UTI Banking & PSU Debt Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹1508.42 Cr	5.9%
UTI Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1508.42 Cr	6.2%
ICICI Prudential Banking and PSU Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹8667.02 Cr	5.7%
HDFC Banking and PSU Debt Fund Regular Growth Moderate Risk	0.7%	0.0%	₹5186.08 Cr	4.8%
HDFC Banking and PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹5186.08 Cr	5.2%
Axis Banking & PSU Debt Fund Regular Growth Moderate Risk	0.7%	0.0%	₹12003.89 Cr	4.9%
LIC MF Banking & PSU Debt Fund Regular Growth Moderate Risk	0.7%	0.0%	₹1648.88 Cr	5.0%
Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth Moderate Risk	0.4%	0.0%	₹26.92 Cr	8.2%
Baroda BNP Paribas Banking and PSU Bond Fund Regular Growth Moderate Risk	0.8%	0.0%	₹26.92 Cr	7.8%
ITI Banking & PSU Debt Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹33.69 Cr	4.5%
ITI Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹33.69 Cr	5.1%
Aditya BSL Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹8779.91 Cr	5.0%
Invesco India Banking & PSU Debt Fund Direct Growth Moderate Risk	0.2%	0.0%	₹82.76 Cr	5.2%
Sundaram Banking & PSU Debt Fund Direct Growth Moderate Risk	0.2%	0.0%	₹261.54 Cr	5.1%
SBI Banking and PSU Fund Regular Growth Moderate Risk	0.8%	0.0%	₹3869.84 Cr	4.9%
SBI Banking and PSU Fund Direct Growth Moderate Risk	0.4%	0.0%	₹3869.84 Cr	5.3%
HSBC Banking & PSU Debt Regular Growth Moderate Risk	0.6%	0.0%	₹3799.26 Cr	4.9%
Kotak Banking & PSU Debt Regular Growth Low to Moderate Risk	0.8%	0.0%	₹4999.10 Cr	5.3%
Mirae Asset Banking and PSU Debt Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹39.76 Cr	4.4%
Mirae Asset Banking and PSU Debt Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹39.76 Cr	4.9%
Aditya BSL Banking & PSU Debt Fund Regular Growth Moderate Risk	0.6%	0.0%	₹8779.91 Cr	4.7%
Sundaram Banking & PSU Debt Fund Regular Growth Moderate Risk	0.4%	0.0%	₹261.54 Cr	4.9%
ICICI Prudential Banking and PSU Debt Fund Regular Growth Moderate Risk	0.7%	0.0%	₹8667.02 Cr	5.3%
Tata Banking & PSU Debt Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹207.53 Cr	6.5%
Tata Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹207.53 Cr	7.0%
Canara Robeco Banking and PSU Debt Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹167.40 Cr	4.8%
Canara Robeco Banking and PSU Debt Fund Regular Growth Low to Moderate Risk	0.6%	0.0%	₹167.40 Cr	4.5%
PGIM India Banking and PSU Debt fund Regular Growth Moderate Risk	0.4%	0.0%	₹45.38 Cr	6.6%
PGIM India Banking and PSU Debt fund Direct Growth Moderate Risk	0.2%	0.0%	₹45.38 Cr	6.8%
Franklin India Banking & PSU Debt Fund Direct Growth Moderate Risk	0.2%	0.0%	₹567.02 Cr	6.4%
Franklin India Banking & PSU Debt Fund Regular Growth Moderate Risk	0.5%	0.0%	₹567.02 Cr	6.1%
Bandhan Banking & PSU Debt Fund Regular Growth Moderate Risk	0.6%	0.0%	₹12121.96 Cr	5.5%
Bandhan Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹12121.96 Cr	5.8%

About the AMC

ITI Mutual Fund

022-66214999

https://www.itimf.com/

Total AUM

₹12,598 Cr

Address

Mumbai, 400013

Other Funds by ITI Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
ITI Multi Asset Allocation Fund Direct Growth Very High Risk	-	0.0%	-	-
ITI Business Cycle Fund Direct Growth Very High Risk	1.8%	0.0%	₹116.38 Cr	-
Diviniti Equity Long Short Fund Direct Growth High Risk	3.0%	0.0%	₹316.81 Cr	-
ITI Bharat Consumption Fund Direct Growth Very High Risk	1.0%	0.0%	₹370.31 Cr	-0.5%
ITI Large & Mid Cap Fund Direct Growth Very High Risk	1.0%	0.0%	₹728.59 Cr	4.1%
ITI Focused Equity Fund Direct Growth Very High Risk	0.9%	0.0%	₹628.60 Cr	6.3%
ITI Liquid Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹52.01 Cr	6.2%
ITI Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹165.44 Cr	6.5%
ITI Multi Cap Fund Direct Growth Very High Risk	0.8%	0.0%	₹1539.20 Cr	9.1%
ITI Value Fund Direct Growth Very High Risk	1.6%	0.0%	₹363.96 Cr	2.4%
ITI Conservative Hybrid Fund Direct Growth Moderate Risk	0.2%	0.0%	₹14.80 Cr	8.9%
ITI Dynamic Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹25.60 Cr	3.1%
ITI Balanced Advantage Fund Direct Growth Very High Risk	1.6%	0.0%	₹348.34 Cr	-1.3%
ITI Small Cap Fund Direct Growth Very High Risk	0.8%	0.0%	₹3602.85 Cr	17.8%
ITI Large Cap Fund Direct Growth Very High Risk	1.0%	0.0%	₹363.97 Cr	-0.4%
ITI Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹33.69 Cr	5.1%
ITI Banking and Financial Services Fund Direct Growth Very High Risk	1.2%	0.0%	₹388.18 Cr	6.5%
ITI Arbitrage Fund Direct Growth Low Risk	1.1%	0.0%	₹62.99 Cr	6.4%
ITI Overnight Fund Direct Growth Low Risk	0.2%	0.0%	₹14.41 Cr	5.0%
ITI Mid Cap Fund Direct Growth Very High Risk	1.0%	0.0%	₹1539.20 Cr	8.5%
ITI Long Term Equity Fund Direct Growth Very High Risk	0.9%	0.0%	₹462.87 Cr	1.6%
ITI Pharma and Healthcare Fund Direct Growth Very High Risk	1.0%	0.0%	₹276.23 Cr	10.2%
ITI Flexi Cap Fund Direct Growth Very High Risk	1.0%	0.0%	₹1588.13 Cr	9.5%

Risk Level

Your principal amount will be at Low to Moderate Risk

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Still got questions?
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What is the current NAV of ITI Banking & PSU Debt Fund Direct Growth?

The NAV of ITI Banking & PSU Debt Fund Direct Growth, as of 16-Sep-2026, is ₹14.23.

What are the returns of ITI Banking & PSU Debt Fund Direct Growth?

The fund has generated 5.08% over the last 1 year and 7.05% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of ITI Banking & PSU Debt Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 80.31% in bonds, and 19.69% in cash and cash equivalents.

Who manages the ITI Banking & PSU Debt Fund Direct Growth?

The fund managers responsible for ITI Banking & PSU Debt Fund Direct Growth are:-

Laukik Bagwe

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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ITI Banking & PSU Debt Fund Direct Growth

Fund Overview