ITI Banking & PSU Debt Fund
- NAV as on 24 Sep 2026
- ₹13.77-0.11%1 day
- Return since launch
- 5.6%
- 52-week range
- ₹13.20 — ₹13.79
- AUM
- ₹33.69 Cr
ITI Banking & PSU Debt Fund is a Banking and PSU debt fund from ITI Mutual Fund with ₹33.69 Cr under management, launched in 2020. Over three years it has returned 5.7% a year, against 6.7% for its category. The expense ratio is 0.75% and the SEBI riskometer reading is Low to Moderate.
Performance
ITI Banking & PSU Debt Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.4% against +4.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.3% | −0.5 pts | 4.7% | 4.7% |
| 2Y | 5.0% | −0.3 pts | 5.4% | 5.4% |
| 3Y | 5.7% | −1.0 pts | 6.7% | 6.1% |
| 5Y | 6.0% | +0.2 pts | 5.8% | 6.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.1% | −0.1 pts | 0.1% | 0.1% |
| 3M | 0.8% | +0.1 pts | 0.8% | 0.7% |
| 6M | 2.4% | −0.5 pts | 2.9% | 3.0% |
| 1Y | 4.3% | −0.4 pts | 4.7% | 4.7% |
| 2Y | 5.8% | −0.3 pts | 6.1% | 6.1% |
| 3Y | 6.4% | −0.3 pts | 6.7% | 6.7% |
| 5Y | 5.7% | −0.1 pts | 5.8% | 5.8% |
Since launch (5 Oct 2020): 5.6%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 6.8% | −0.9 pts | 7.7% |
| 2024 | 7.5% | −0.6 pts | 8.2% |
| 2023 | 6.3% | −0.7 pts | 7.0% |
| 2022 | 4.2% | +0.4 pts | 3.9% |
| 2021 | 3.6% | −0.2 pts | 3.8% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.75%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.63%
- Brokerage
- 0.00%
- Transaction charges
- 0.02%
- Statutory levies
- 0.10%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Banking and PSU Debt A-II
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at low to moderate risk — typically short duration debt schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.58 | 0.92 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.09 | 1.55 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 1.06 | 1.28 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
ITI Banking & PSU Debt Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt93.3%
- Other6.7%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| GOI | Sovereign | 17.80% | ₹5.99 Cr | — | +3.94% | +5.38% |
| Nuclear Power Corpn. Of India Ltd. | Energy | 9.01% | ₹3.04 Cr | +8.02% | +8.19% | +8.60% |
| National Housing Bank | Financial | 8.92% | ₹3.01 Cr | +7.93% | +8.05% | +8.45% |
| REC Ltd. | Financial | 8.92% | ₹3.01 Cr | +7.93% | +8.04% | +8.41% |
| Indian Railway Finance Corporation Ltd. | Financial | 8.90% | ₹3.00 Cr | +7.91% | +8.03% | +11.21% |
| HDFC Bank Ltd. | Financial | 8.67% | ₹2.92 Cr | +7.56% | — | +6.74% |
| Small Industries Devp. Bank of India Ltd. | Financial | 7.44% | ₹2.50 Cr | +6.61% | +6.70% | +7.03% |
| Power Finance Corporation Ltd. | Financial | 7.42% | ₹2.50 Cr | +6.59% | +6.66% | +6.96% |
| Others | Others | 7.00% | ₹2.36 Cr | +0.87% | +0.84% | +0.84% |
| National Bank For Agriculture & Rural Development | Financial | 5.92% | ₹2.00 Cr | +5.27% | +5.37% | +4.15% |
| Bank Of Baroda | Financial | 2.87% | ₹0.97 Cr | — | +7.97% | — |
| Punjab National Bank | Financial | 1.48% | ₹0.50 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| GOI | 9.03% | 17.80% | +8.77% |
| NTPC Ltd. | 1.49% | 0.00% | -1.49% |
| Nuclear Power Corpn. Of India Ltd. | 9.11% | 9.01% | -0.10% |
| Indian Railway Finance Corporation Ltd. | 8.98% | 8.90% | -0.08% |
| National Housing Bank | 8.99% | 8.92% | -0.07% |
| National Bank For Agriculture & Rural Development | 5.98% | 5.92% | -0.06% |
| REC Ltd. | 8.98% | 8.92% | -0.06% |
| Small Industries Devp. Bank of India Ltd. | 7.49% | 7.44% | -0.05% |
| Power Finance Corporation Ltd. | 7.46% | 7.42% | -0.04% |
| Others | 0.33% | 0.32% | -0.01% |
| HDFC Bank Ltd. | 8.68% | 8.67% | -0.01% |
| Bank Of Baroda | 2.87% | 2.87% | 0.00% |
| Punjab National Bank | 1.48% | 1.48% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹5,539 Cr | 0.63% | 5.5% | 6.5% | 6.7% |
 Bandhan Banking and PSU Debt Fund | ₹12,014 Cr | 0.68% | 5.7% | 6.4% | 6.5% |
 ICICI Prudential Banking and PSU Debt Fund | ₹8,667 Cr | 0.74% | 4.9% | 6.3% | 6.6% |
 Kotak Banking and PSU Debt Fund | ₹4,937 Cr | 0.75% | 4.6% | 6.2% | 6.5% |
 UTI Banking & PSU Debt Fund | ₹1,508 Cr | 0.47% | 6.2% | 6.9% | 7.2% |
 Franklin India Banking & PSU Debt Fund | ₹567 Cr | 0.49% | 5.9% | 6.8% | 6.8% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
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.
Fund managers
- Laukik BagweMr. 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.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months2.43% absolute | ₹60,000 | ₹61,458 | 2.43% | |
| 1 year4.35% annualised | ₹1,20,000 | ₹1,22,865 | 2.39% | |
| 3 years6.40% annualised | ₹3,60,000 | ₹3,97,834 | 10.51% | |
| 5 years5.74% annualised | ₹6,00,000 | ₹6,96,373 | 16.06% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.