ITI Banking & PSU Debt Fund Direct Gr

Low to Moderate Risk
Fixed Income
Banking and PSU

NAV as on Jul 4, 2025

Price per unit of the scheme.

₹ 13.42500.00%1 Day Change

0.42%

Minimum Investment₹5000

Expense Ratio0.15%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.

*Morningstar Rating Methodology i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions

FUND PERFORMANCE

As On Jan 01, 2023

Compare fund’s performance against category average across different time periods

No Data Found.

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

1M 3M 6M 1Y 3Y 5Y

This Fund

ITI Banking & PSU Debt Fund Direct Gr

Fixed Income: Banking and PSU Average NAV

Topper in Fixed Income: Banking and PSU

All Fund

No Data Found.

*For the other fund, rescaled NAVs are used

RETURN CALCULATOR

Check the return on your investment in the fund

ITI Banking & PSU Debt Fund Direct Gr

Investment Type

Monthly Investment

Time Period (yrs)

Annual Return in %

Invested Amount
₹0
Return
₹0

Current Value
₹0

FUND SUMMARY

Benchmark

CRISIL Banking and PSU Debt TR INR

Expense Ratio

0.15%

Category Avg Expense Ratio

0.34%

Minimum Investment (Lumpsum/SIP)

₹ 5000 /₹ 1000

Lock In (Years)

No Lock-in

Fund Size

₹ 35.98 Cr(As on May, 2025)

Inception Date

Oct 22, 2020

Turnover

- %

Exit Load

Nil

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.

ITI Banking & PSU Debt Fund Direct Gr is an Fixed Income - Banking and PSU fund. The fund was launched inOct 22, 2020. Its risk level is . The NAV of the fund as onJul 04, 2025 is ₹13.43. Its expense ratio is 0.15 %. The fund has an AUM of ₹35.98 Cr.The fund is managed byVikrant Mehta,Rajesh Bhatia,Laukik Bagwe.
The minimum initial investment is ₹5000 in Lumpsum mode.

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FUND MANAGER

Vikrant Mehta

Lead Fund Manager.

Jan 18, 2021 - Present

Fund Manager Rank22Out of 22
i
Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
Schemes managed9
Total AUM₹ 810.22 Cr
Highest Return In 1 Yr9.51 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

ITI Balanced Advantage Fund Direct Growth

₹ 16.24

1.96%

2.04%

Very High Risk

₹395.22Cr

Groww Multi Cap Fund Direct Growth

2.68%

Moderately High risk

₹0.00Cr

ITI Dynamic Bond Fund Direct Growth

₹ 13.17

-0.29%

-0.72%

Low to Moderate Risk

₹39.60Cr

ITI Balanced Advantage Fund Direct Growth

Very High Risk

NAV₹ 16.24
Fund Size₹395.22Cr

Fund Return1.96%

Category Return2.04%

Groww Multi Cap Fund Direct Growth

Moderately High risk--

NAV--
Fund Size₹0.00Cr

Fund Return--

Category Return2.68%

ITI Dynamic Bond Fund Direct Growth

Low to Moderate Risk--

NAV₹ 13.17
Fund Size₹39.60Cr

Fund Return-0.29%

Category Return-0.72%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Laukik Bagwe

Lead Fund Manager.

Feb 1, 2025 - Present

Fund Manager Rank22Out of 22
i
Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
Schemes managed19
Total AUM₹ 36,503.59 Cr
Highest Return In 1 Yr24.05 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

DSP Short Term Fund Direct Plan Growth

₹ 50.92

0.43%

0.34%

Low to Moderate Risk

₹3,417.96Cr

DSP Credit Risk Fund Direct Plan Growth

₹ 54.34

0.46%

0.40%

Moderately High risk

₹209.55Cr

DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund Direct Growth

₹ 12.17

0.38%

Moderate Risk

₹85.90Cr

DSP Short Term Fund Direct Plan Growth

Low to Moderate Risk

NAV₹ 50.92
Fund Size₹3,417.96Cr

Fund Return0.43%

Category Return0.34%

DSP Credit Risk Fund Direct Plan Growth

Moderately High risk

NAV₹ 54.34
Fund Size₹209.55Cr

Fund Return0.46%

Category Return0.40%

DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund Direct Growth

Moderate Risk--

NAV₹ 12.17
Fund Size₹85.90Cr

Fund Return0.38%

Category Return--

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Rajesh Bhatia

Lead Fund Manager.

Nov 14, 2024 - Present

Schemes managed8
Total AUM₹ 1,334.36 Cr
Highest Return In 1 Yr9.51 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

ITI Balanced Advantage Fund Direct Growth

₹ 16.24

1.96%

2.04%

Very High Risk

₹395.22Cr

ITI Large Cap Fund Direct Growth

₹ 19.75

3.25%

3.37%

Very High Risk

₹538.94Cr

ITI Dynamic Bond Fund Direct Growth

₹ 13.17

-0.29%

-0.72%

Low to Moderate Risk

₹39.60Cr

ITI Balanced Advantage Fund Direct Growth

Very High Risk

NAV₹ 16.24
Fund Size₹395.22Cr

Fund Return1.96%

Category Return2.04%

ITI Large Cap Fund Direct Growth

Very High Risk--

NAV₹ 19.75
Fund Size₹538.94Cr

Fund Return3.25%

Category Return3.37%

ITI Dynamic Bond Fund Direct Growth

Low to Moderate Risk--

NAV₹ 13.17
Fund Size₹39.60Cr

Fund Return-0.29%

Category Return-0.72%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on Jun, 2025

EQUITY (-%)

DEBT (67.24%)

CASH (32.51%)

Allocation by Market Cap

Other Cap(0.25%)

Industry Holdings

No Data For Allocation

Stock Holdings

No Data For Allocation

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.

Consistency
i
It represents the consistency of a fund in beating its benchmark.
Downside Risk
i
Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
----
Risk Adjusted Return
i
Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
Volatility
i
Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
Upside Capture Ratio
i
Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
Downside Capture Ratio
i
Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.

HISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.

Alpha: Excess return of the fund over benchmark
i
Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
0.14
This Fund
VS
-0.65
Category Avg
R-Squared: How well the fund tracks benchmark
i
R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
60.09
This Fund
VS
65.82
Category Avg

Beta: Risk of the fund in relation to benchmark
i
Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
0.75
This Fund
VS
1.26
Category Avg
Sharpe Ratio: Risk adjusted return of the fund
i
Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
1.17
This Fund
VS
0.51
Category Avg

Sortino Ratio: Return per unit of bad risk
i
A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
2.58
This Fund
VS
1.06
Category Avg
Standard Devation: Volatility of the fund
i
Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
0.78
This Fund
VS
1.42
Category Avg

Benchmark used in calculation : S&P BSE 500 India TR INR

PEER ANALYSIS

card
table

Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

TOP FUNDS FROM THIS AMC

card
table

Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

ITI Asset Management Limited

ITI Asset Management Limited manages assets worth ₹ 10,241.50 crores. It’s current offering of mutual fund schemes includes 12 equity, 3 debt and 2 hybrid schemes.

Phone

022-66214999

mfassist@itiorg.com

AUM

₹ 10,241.50 Cr (

As on May 31, 2025

)

Address

Naman Midtown “A” Wing, 21st Floor, Senapati Bapat Marg, Elphinstone Road Mumbai,400013

FAQ's

What is the category of ITI Banking & PSU Debt Fund Direct Gr ?

The category of ITI Banking & PSU Debt Fund Direct Gr is Fixed Income - Banking and PSU

What is the current NAV of ITI Banking & PSU Debt Fund Direct Gr ?

The current NAV of ITI Banking & PSU Debt Fund Direct Gr as on Jul 04, 2025 is ₹13.43

How safe is ITI Banking & PSU Debt Fund Direct Gr ?

The risk level of ITI Banking & PSU Debt Fund Direct Gr is Low to Moderate.

What are short term returns given by ITI Banking & PSU Debt Fund Direct Gr ?

The return given by ITI Banking & PSU Debt Fund Direct Gr in 1 month is 0.42%, 3 months is 2.19%, 6 months is 4.87%, and 1 year is 8.93%

What are the long term returns given by ITI Banking & PSU Debt Fund Direct Gr ?

The return given by ITI Banking & PSU Debt Fund Direct Gr in 3 years is 7.70% and 5 years is --.

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

The expense ratio of ITI Banking & PSU Debt Fund Direct Gr is 0.15%

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

The assets under Management (AUM) of ITI Banking & PSU Debt Fund Direct Gr is Rs 35.98 crores.

What is the minimum investment in ITI Banking & PSU Debt Fund Direct Gr ?

The minimum Lumpsum investment in ITI Banking & PSU Debt Fund Direct Gr is ₹5,000.00 and the minimum SIP investment in ITI Banking & PSU Debt Fund Direct Gr is ₹1,000.00

What is the asset allocation of ITI Banking & PSU Debt Fund Direct Gr?

ITI Banking & PSU Debt Fund Direct Gr has an exposure of 67.24% in Debt and 32.51% in Cash & Money Market Securities