Open your free All-in-One trading account with zero hassle!
ITI Banking & PSU Debt Fund
Banking and PSU DebtRank #13
3/5
NAV (2026-09-11)
₹13.78
AUM
₹2,024 Cr
Exp. Ratio: 0.75%
RISK LEVEL
Low To Moderate
Returns & Performance
1 Year4.56%0.45% vs cat avgRank #18
3 Year6.47%0.26% vs cat avgRank #18
5 Year5.76%0.02% vs cat avgRank #12
Since Launch5.59%1.52% vs cat avg
Fund vs Category Average
1Y
4.56%-0.45%
3Y
6.47%-0.26%
5Y
5.76%-0.02%
Pros & Cons
Pros
✔No lock-in period
Cons
✖1Y returns trail category average
✖3Y returns below category average
✖5Y returns below category average
✖1Y category rank outside top 15 (#18)
✖Overall rank #13 in category
✖Returns since launch below category avg
ISININF00XX01838
NAV₹13.78
NAV Date2026-09-11
AUM₹2,024 Cr
Expense Ratio0.75%
RiskLow To Moderate
Rating3 / 5
Min SIP Amount₹500
Max SIP Amount₹999999999
Min Additional Inv.₹1000
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.2018-05-14
INVESTMENT OBJECTIVE
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
REC Ltd. 7.71 26/02/2027
Financial
₹3.01
8.92
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 ₹13.78 as of 2026-09-11.
ITI Banking & PSU Debt Fund is classified as a Banking and PSU Debt fund.
ITI Banking & PSU Debt Fund is managed by ITI Mutual 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 Low To Moderate risk level.
ITI Banking & PSU Debt Fund has delivered 4.56% (1Y), 6.47% (3Y) and 5.76% (5Y) annualised returns as of 2026-09-11.
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.
