ITI Banking & PSU Debt Fund - Growth - Regular Plan

Other Plans and Options
  • 0.03 %Nav, as on 07-05-2021

  • Previous Nav

  • Net Change on 07-05-2021

  • PersonalFN Rating

  • Assets (Cr.)

  • Expense Ratio

Fund Overview Growth | Regular Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund 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.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
CRISIL Banking and PSU Debt Index N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
IDFC Banking & PSU Debt Fund-Regular Plan- Growth Option Mar 07, 2013 8.13 9.59 8.16 0.63 18,412.01
Axis Banking & PSU Debt Fund - Regular Plan - Growth option Jun 08, 2012 7.57 8.81 8.23 0.62 16,362.98
Aditya Birla Sun Life Banking & PSU Debt Fund - Regular Plan-Growth May 05, 2008 7.93 8.88 8.40 0.68 14,538.86
SBI BANKING & PSU FUND - Regular Paln - Growth Oct 09, 2009 7.06 8.48 7.87 0.81 14,391.19
ICICI Prudential Banking and PSU Debt Fund - Growth Jan 01, 2010 7.72 8.12 8.01 0.84 14,384.86

Fund Holdings as on 30-April-2021

  • 7.09% REC Limited (13/12/2022)

  • TREPS 03-May-2021

  • 4.48% Government of India (02/11/2023)

  • Axis Bank Limited (28/05/2021)

  • Bank of Baroda (28/05/2021)

  • 5.53% National Bank For Agriculture and Rural Development (22/02/2024)

  • 5.24% Small Industries Dev Bank of India (26/03/2024)

  • Net Receivables / (Payables)

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  • Miscellaneous

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Fund Manager

  • Education:CFA and M.S
  • Experience:18 Years
  • Basic Details:He has been working as Head - Fixed income in AIG Global Asset Management Company (India) Pvt. Ltd. He has also been Fund Manager - Fixed Income, AVP - Dealing, Fixed Income, Senior Manager - Dealing, Fixed Income in the same company. He has been with AIG India Liaison Office since December 2006. Prior to joining AIG, he has worked with NVS Brokerage Pvt. Ltd. from April 2003 - December 2006, JM Morgan Stanley Fixed Income Securities Pvt. Ltd. from July 2000 - April 2003, and with Mata Securities India Pvt. Ltd. from November 1994- July 2000.
  • Funds Managed:
  • ITI Arbitrage Fund
  • ITI Arbitrage Fund
  • ITI Banking & PSU Debt Fund
  • ITI Liquid Fund
  • ITI Liquid Fund
  • ITI Overnight Fund
  • ITI Overnight Fund

  • CARE AAA

  • Cash

  • CRISIL A1+

  • CRISIL AAA

  • FITCH A1+

  • ICRA AAA

  • Sovereign

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About ITI Banking & PSU Debt Fund

Scheme Analysis

ITI Banking & PSU Debt Fund is a Debt - Banking and PSU Fund fund and belongs to ITI Mutual Fund. It was launched on 22-Oct-2020 and currently has an AUM of ₹33.29 crore. ITI Banking & PSU Debt Fund is benchmarked against CRISIL Banking and PSU Debt Index as primary index.

The NAV of ITI Banking & PSU Debt Fund ended up ₹0(0.03%)yesterday to ₹10.2295.

Among its top 3 holdings the fund has exposure to 7.09% REC Limited (13/12/2022), and

The ITI Banking & PSU Debt Fund is managed by Vikrant Mehta and George Heber Joseph.

Fund House Contact

Naman Midtown, A - Wing, 21st Floor, Senapati Bapat Marg, Elphinstone Road Mumbai - 400 013

022-66214999
mfassist@itiorg.com