10.3097
10.7312
1
1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
"Banking and PSU funds invest mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions. They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.
The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.
Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run."
Taxability of earnings:
Capital gains
Dividends
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| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ITI Banking & PSU Debt Fund Direct-G | 1.66 | 0.01 | 0.10 | 0.40 | 0.75 | 1.70 | 4.11 | -- | -- | -- | -- |
| CCIL T Bill Liquidity Weight | 0.85 | 0.02 | 0.05 | 0.20 | 0.36 | 0.86 | 1.97 | -- | -- | -- | -- |
| Debt: Banking and PSU | 0.55 | 0.00 | 0.14 | 0.20 | -0.25 | 0.60 | 2.87 | -- | -- | -- | -- |
| Rank within category | 2 | 6 | 19 | 1 | 2 | 2 | 2 | -- | -- | -- | -- |
| Number of funds in category | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 17 | 16 | 14 | 0 |
As on 28-Jun-2022
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
|---|---|---|---|---|---|---|---|
| ITI Banking & PSU Debt Fund - Direct Plan | |
Oct-20 | 4.11 | -- | -- | 0.15% | 24 |
| IDFC Banking & PSU Debt Fund - Direct Plan | Invest Online | |
Mar-13 | 3.23 | 7.26 | 7.53 | 0.32% | 16,607 |
| Axis Banking & PSU Debt Fund - Direct Plan | |
Jan-13 | 3.50 | 6.87 | 7.41 | 0.33% | 14,588 |
| Aditya Birla Sun Life Banking & PSU Debt Fund - Direct Plan | Invest Online |  |
Jan-13 | 3.26 | 7.00 | 7.10 | 0.34% | 12,046 |
| ICICI Prudential Banking & PSU Debt Fund - Direct Plan | Invest Now | |
Jan-13 | 3.36 | 6.78 | 6.71 | 0.35% | 10,344 |
| Best Performance | Worst Performance | |||
|---|---|---|---|---|
| Return (%) | Period | Return (%) | Period | |
| Week | 0.51 | 16-Mar-2021 - 23-Mar-2021 | -0.72 | 08-Jan-2021 - 15-Jan-2021 |
| Month | 1.20 | 05-Mar-2021 - 06-Apr-2021 | -1.06 | 08-Jan-2021 - 09-Feb-2021 |
| Quarter | 2.26 | 15-Mar-2021 - 14-Jun-2021 | -0.28 | 26-Nov-2020 - 25-Feb-2021 |
| Year | 5.49 | 26-Feb-2021 - 28-Feb-2022 | 3.80 | 14-Jun-2021 - 14-Jun-2022 |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
| ITI Banking & PSU Debt Fund Direct-G | -- | -- | -- | -- | -- | -- |
| CCIL T Bill Liquidity Weight* | 2.69 | 0.37 | -2.20 | -4.41 | -- | -- |
| Debt: Banking and PSU* | 6.63 | 2.35 | 1.40 | 2.85 | 2.43 | 5.10 |
| Rank within category | -- | -- | -- | -- | -- | -- |
| Number of funds in category | -- | -- | -- | -- | -- | -- |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on
* As on 31-May-2022
| Fund | 1Y High | 1Y Low | Category | |
|---|---|---|---|---|
| Number of Securities | 8 | 10 | 5 | 67 |
| Modified Duration (yrs) | 0.29 | 1.95 | 0.12 | 1.66 |
| Average Maturity (yrs) | 0.31 | 2.32 | 0.13 | 2.28 |
| Yield to Maturity (%) | 4.96 | 4.96 | 3.79 | 6.26 |
| Avg Credit Rating | AAA | -- | -- | -- |
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| Company | Instrument | Credit Rating | 1Y Range | % Assets | |
|---|---|---|---|---|---|
|
Indian Bank 15/06/2022 | Certificate of Deposit | A1+ | 0.00 - 10.10 | 10.10 |
|
7.27% Nat. Highways Authority 2022 | Debenture | AAA | 0.00 - 9.96 | 9.70 |
|
|
Bank of Baroda 2022 | Certificate of Deposit | A1+ | 0.00 - 9.69 | 9.69 |
|
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Axis Bank 16/06/2022 | Certificate of Deposit | A1+ | 0.00 - 9.68 | 9.68 |
|
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8.84% Power Grid Corporation 21/10/2022 | Bonds | AAA | 0.00 - 9.89 | 9.59 |
|
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8.83% Indian Railway Finance Corporation 25/03/2023 | Bonds | AAA | 0.00 - 9.28 | 8.60 |
|
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8.02% Bharat Petroleum Corporation 2024 | Debenture | AAA | 0.00 - 8.90 | 8.56 |
|
|
8.88% Export-Import Bank 18/10/2022 | Bonds | AAA | 0.00 - 8.79 | 8.52 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-May-2022
— Vikrant Mehta since 18-Jan-2021
Education: Mr. Mehta is CFA and M.S.
Experience: Prior to joining ITI Mutual Fund, he has worked with Indiabulls AMC, Kotak Mahindra Mutual Fund, AIG India Liaison Office, NVS Brokerage Pvt. Ltd., JM Morgan Stanley Fixed Income Securities Pvt. Ltd. and Mata Securities India Pvt. Ltd.
Funds Managed:
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.
| Min. Investment (₹) | 5,000 |
| Min. Addl Investment (₹) | 1,000 |
| Min. SIP Investment (₹) | 500 |
| Min. No of Cheques | 12 |
| Min. Withdrawal (₹) | 1,000 |
| Min. Balance (₹) | -- |
| Lock-in Period | Not Applicable |
| Exit Load | 0 |
| Fund House: | ITI Mutual Fund |
| Launch Date: | 23-Oct-2020 |
| Return Since Launch: | 4.29% |
| Benchmark: | CRISIL Banking and PSU Debt |
| Riskometer: | Low to Moderate |
| Type: | Open-ended |
| Assets: | ₹ 24 Cr (As on 31-May-2022) |
| Expense: | 0.15% (As on 31-May-2022) |
| Risk Grade: | Below Average |
| Return Grade: | High |
Fund News - 19-Jan-2021
AMC: ITI Asset Management Ltd.
Address: ITI Asset Mangement Limited, ITI House, Building no. 36, Dr. R. K. Shirodkar Marg, Parel, Mumbai - 400012
Phone: 022-66214999
Email: [email protected]
Website: http://www.itiamc.com
Registrar & Transfer Agent: KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Phone: 040-44857874
Email: [email protected]
Website: www.karvymfs.com
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Fri, 01-Jul-2022
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