ITI Banking and PSU Debt Fund - Regular (G)


Banking and PSU Fund
  • NAV 12.03 (0.01%)
  • Fund Size (Cr) ₹30.38
  • Expense Ratio 0.7
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹5000
  • Minimum Additional Investment ₹1000
  • Minimum SIP Investment ₹500
  • Minimum Withdrawal ₹1000
  • Exit Load 0%
  • Return Since Launch 5.21%

Basic Details

Scheme Manager
Vikrant Mehta
Bench Mark
CRISIL Banking and PSU Debt A-II Index
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 06-Jun-24
  • 10018.99
  • 0.19%
  • -
  • 0.20%
  • 136/178
  • 1 Month
  • 13-May-24
  • 10076.04
  • 0.76%
  • -
  • 0.70%
  • 41/178
  • 3 Month
  • 13-Mar-24
  • 10157.62
  • 1.58%
  • -
  • 1.65%
  • 141/178
  • 6 Month
  • 13-Dec-23
  • 10402.57
  • 4.03%
  • -
  • 3.94%
  • 66/178
  • 1 Year
  • 13-Jun-23
  • 10691.16
  • 6.91%
  • 6.91%
  • 6.71%
  • 60/172
  • 3 Year
  • 11-Jun-21
  • 11706.54
  • 17.07%
  • 5.39%
  • 5.23%
  • 51/168
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • Since Inception
  • 22-Oct-20
  • 12031.4
  • 20.31%
  • 5.21%
  • 6.73%
  • 147/178

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 03-Jul-23
  • 120000
  • 124322.55
  • 3.60%
  • 3.60%
  • 3 Year
  • 01-Jul-21
  • 360000
  • 394553.91
  • 9.60%
  • 3.10%
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • 10 Year
  • -
  • -
  • -
  • -
  • -

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

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  • Invested Amount

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  • Estimated Returns

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Risk Ratios

  • Standard Deviation
    0.21%
  • Beta
    0.01%
  • Sharpe Ratio
    -2.40%
  • Treynor’s Ratio
    0.58%
  • Jension’s Alpha
    -1.85%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • Power Fin.Corpn.
  • 11.45%
  • 350000
  • 3.48
  • Corporate Debts
  • Debt Others
  • HDFC Bank
  • 9.73%
  • 300000
  • 2.96
  • Corporate Debts
  • Debt Others
  • Power Grid Corpn
  • 8.31%
  • 250000
  • 2.52
  • Corporate Debts
  • Debt Others
  • REC Ltd
  • 8.19%
  • 250000
  • 2.49
  • Corporate Debts
  • Debt Others
  • B P C L
  • 8.1%
  • 250000
  • 2.46
  • Corporate Debts
  • Debt Others
  • GSEC2034
  • 24.89%
  • 750000
  • 7.56
  • Govt. Securities
  • Govt. Securities
  • TREPS
  • 12.77%
  • 0
  • 3.88
  • Reverse Repo
  • Debt Others
  • Net CA & Others
  • 3.15%
  • 0
  • 0.96
  • Net CA & Others
  • Debt Others
  • ICICI Bank
  • 9.85%
  • 300000
  • 2.99
  • Certificate of Deposits
  • Debt Others
  • Kotak Mah. Bank
  • 3.29%
  • 100000
  • 1.00
  • Certificate of Deposits
  • Debt Others

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • TRUSTMF Banking & PSU Fund - Dir (IDCW-D) RI
  • Stars
  • 229.68
  • 0.86%
  • 2.51%
  • 4.97%
  • 9.69%
  • 7.64%
  • HSBC Banking and PSU Debt Fund - Direct (IDCW-D)
  • Stars
  • 4731.55
  • 0.70%
  • 1.67%
  • 4.93%
  • 7.83%
  • 4.79%
  • ICICI Pru Banking & PSU Debt Fund - Direct (G)
  • Stars
  • 9403.8
  • 0.78%
  • 1.82%
  • 4.06%
  • 7.69%
  • 6.25%
  • ICICI Pru Banking & PSU Debt Fund-Direct (IDCW-Q)
  • Stars
  • 9403.8
  • 0.78%
  • 1.83%
  • 4.03%
  • 7.66%
  • 6.06%
  • ITI Banking and PSU Debt Fund - Direct (G)
  • Stars
  • 30.38
  • 0.81%
  • 1.72%
  • 4.31%
  • 7.50%
  • 5.97%

News

  • ITI MF Announces change in benchmark index under its schemes ITI Mutual Fund has announced changes the benchmark for the following schemes, with effect from 12 March 2024. Accordingly, the revised benchmark index will be:

    Change of name of benchmark Indices:

    Scheme Name Name of Existing Benchmark Revised Name of Benchmark
    ITI Banking & PSU Debt Fund Crisil Banking and PSU Debt Index CRISIL Banking and PSU Debt A-II Index

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 05-Oct-2020
  • Total AUM (Cr) ₹30.38

ITI Banking and PSU Debt Fund - Regular (G) is an Banking and PSU Fund-oriented fund from the renowned AMC, ITI Mutual Fund. Launched in Oct 2020, this fund is managed by Vikrant Mehta. With assets under management (AUM) worth ₹30.38 (Cr), as of 14-Jun-2024, ITI Banking and PSU Debt Fund - Regular (G) is categorized as a Banking and PSU Fund within its segment. The fund has generated a return of 5.21% since its launch.
The current NAV of ITI Banking and PSU Debt Fund - Regular (G) is ₹12.03, as on 14-Jun-2024. The fund’s benchmark index is CRISIL Banking and PSU Debt A-II Index. You can invest in ITI Banking and PSU Debt Fund - Regular (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Exit load is not applicable
The fund has generated 5.39% and - CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments , 96.58% in Debt and 3.42% in cash and cash equivalents

FAQs on ITI Banking and PSU Debt Fund - Regular (G)

ITI Banking and PSU Debt Fund - Regular (G) is a popular fund in the Banking and PSU Fund segment. The fund has generated a return of 5.21% since inception. Looking to invest in ITI Banking and PSU Debt Fund - Regular (G)? How about earning 1% extra return? All this is possible with m.Stock! Investing in ITI Banking and PSU Debt Fund - Regular (G) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, ITI Banking and PSU Debt Fund - Regular (G)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in ITI Banking and PSU Debt Fund - Regular (G) today and reap the benefits of this Banking and PSU Fund fund!

In the short term, i.e., 1 year, ITI Banking and PSU Debt Fund - Regular (G) has generated annualised return of 6.91%. In the long-term, the fund has generated 5.39% and - in 3 and 5 years respectively. Since its inception, the fund has generated 5.21% returns.

The expense ratio of ITI Banking and PSU Debt Fund - Regular (G) Direct Growth is 0.7%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of ITI Banking and PSU Debt Fund - Regular (G) is ₹30.38 (Cr) as of 14 June 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of ITI Banking and PSU Debt Fund - Regular (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from ITI Banking and PSU Debt Fund - Regular (G):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case ITI Banking and PSU Debt Fund - Regular (G)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in ITI Banking and PSU Debt Fund - Regular (G). Minimum lumpsum investment ITI Banking and PSU Debt Fund - Regular (G) is ₹5000 and minimum SIP amount is ₹500. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of ITI Banking and PSU Debt Fund - Regular (G) is ₹12.03 as on 14 June 2024.

The 5 biggest stock holdings of ITI Banking and PSU Debt Fund - Regular (G) are:
Power Fin.Corpn. (11.45%), HDFC Bank (9.73%), Power Grid Corpn (8.31%), REC Ltd (8.19%), B P C L (8.1%)

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