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.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.
Laukik Bagwe
Mr. Bagwe is a B.Com (H) and PGDBA (Finance)
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.
Top Holdings
Company
Sector
Asset Value (Cr)
Asset %
Kotak Mahindra Bank Ltd. 03/01/2025
Financial
₹3.00
9.81
Punjab National Bank 11/03/2025
Financial
₹2.99
9.80
Canara Bank 09/09/2024
Financial
₹3.00
9.75
HDFC Bank Ltd. 5.9 25/02/2025
Financial
₹3.00
9.75
ICICI Bank Ltd. 18/09/2024
Financial
₹2.99
9.73
Bank Of Baroda 29/10/2024
Financial
₹2.98
9.64
REC Ltd. 5.81 31/12/2025
Financial
₹2.95
9.60
Canara Bank 06/12/2024
Financial
₹2.75
9.09
Indian Railway Finance Corporation Ltd. 7.33 28/08/2027
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of ITI Banking & PSU Debt Fund is ₹13.76 as of 2026-08-28.
ITI Banking & PSU Debt Fund is classified as a Banking and PSU fund.
The Assets Under Management (AUM) of ITI Banking & PSU Debt Fund is ₹2,024 Cr.
The expense ratio of ITI Banking & PSU Debt Fund is 0.75%.
ITI Banking & PSU Debt Fund is managed by Laukik Bagwe.
The minimum SIP investment for ITI Banking & PSU Debt Fund is ₹500.
As per the SEBI Riskometer, ITI Banking & PSU Debt Fund carries a Moderate risk level.
ITI Banking & PSU Debt Fund has delivered 4.64% (1Y), 6.51% (3Y) and 5.78% (5Y) annualised returns as of 2026-08-28.
ITI Banking & PSU Debt Fund was launched on 2018-05-14.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
