ITI Banking & PSU Debt Fund - Direct Plan
Value Research Rating
Our Opinion
Riskometer
Low to Moderate
₹13.9226
As on 22-May-2026
Returns
Risk
This fund has Low to Moderate risk.
As per SEBI's Riskometer.
Portfolio of ITI Banking & PSU Debt Fund - Direct Plan
Asset Allocation
Split between different types of investments
Credit Rating Weightage
Split between categories of Equity investments
Peer Comparison
|
Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
ITI Banking & PSU Debt Fund - Direct Plan
|
|
|
Low to Moderate
|
loading... |
0.24 |
|
|
|
Moderate
|
loading... |
0.36 |
||
|
|
Moderate
|
loading... |
0.35 |
||
 |
|
Moderate
|
loading... |
0.39 |
||
|
|
Low to Moderate
|
loading... |
0.21 |
Other details of ITI Banking & PSU Debt Fund - Direct Plan
Assets
₹38 Cr
Exit Load (Days)
--
Min. Investment (₹)
5,000
Min. Withdrawal (₹)
1,000
Min. SIP Investment (₹)
500
Min. No of Cheques
12
About ITI Banking & PSU Debt Fund - Direct Plan
ITI Banking & PSU Debt Fund - Direct Plan is a debt mutual fund scheme of ITI Mutual Fund. Launched on October 22, 2020, it is currently managed by Laukik Bagwe. The fund has an expense ratio of 0.24% with an overall AUM (Assets Under Management) of ₹38 Cr.
ITI Banking and PSU Fund - Direct Plan is mandated to invest at least 80 per cent of its assets in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions. The fund allows minimum lumpsum investment of ₹1,000 and minimum SIP of ₹500.
Investment Strategy
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.
Suitability
Banking and PSU funds are suitable for:
- Debt allocation in your long-term portfolio
- Earning marginally higher returns than fixed deposits, with low-to-moderate volatility and flexibility to redeem anytime
- Investment horizon of 2-3 years
Note:
- Unlike FD, there is no guarantee of returns
- Not suitable for long-term wealth creation
Capital Gains Taxation
- If investment is made on or after 1 April 2023: Entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
- If investment is made before 1 April 2023:
- Sold within 2 years from the date of investment: Gains are added to the investors' income and taxed according to the applicable slab rate.
- Sold after 2 years from the date of investment: Gains are taxed at the rate of 12.5%.
- No tax is to be paid as long as you continue to hold the units.
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
- Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs 10,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.
Latest news on ITI Banking & PSU Debt Fund - Direct Plan
Benchmark Changes for ITI Banking and PSU Fund
1 min read•By News Desk
Change in Name of ITI Banking & PSU Debt Fund
1 min read•By News Desk
FAQ for ITI Banking & PSU Debt Fund - Direct Plan
How to Invest in ITI Banking & PSU Debt Fund - Direct Plan?
Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of ITI Banking & PSU Debt Fund - Direct Plan through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, ITI Banking & PSU Debt Fund - Direct Plan can be bought from the ITI Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.
What is the current NAV of ITI Banking & PSU Debt Fund - Direct Plan Today?
The latest declared NAV of ITI Banking & PSU Debt Fund - Direct Plan, is ₹13.9226 as of 23-May-2026.
What are the top holdings of ITI Banking & PSU Debt Fund - Direct Plan?
| Company | Percentage of Portfolio |
|---|---|
|
Union Bank of India CD 19/01/2027 |
8.17
|
|
Nuclear Power Corpn. Of India Ltd Debenture 8.14 25/03/2028 |
8.04
|
|
REC Ltd SR 230-A Bonds 7.71 26/02/2027 |
7.95
|
|
National Housing Bank NCD 7.59 08/09/2027 |
7.95
|
|
Indian Railway Finance Corporation Ltd Debenture 7.33 27/08/2027 |
7.93
|
What is the return of ITI Banking & PSU Debt Fund - Direct Plan in the last 5 years?
Over the past five years, ITI Banking & PSU Debt Fund - Direct Plan has delivered an annualised return of 6.24% as of 23-May-2026.
What is the minimum investment required in ITI Banking & PSU Debt Fund - Direct Plan?
The minimum investment required to start investing in ITI Banking & PSU Debt Fund - Direct Plan is ₹5,000 for the lump sum option and ₹500 for the SIP (Systematic Investment Plan) option.
New Process Alert 
Seems like you've uploaded a wrong QR code. Please upload the QR code downloaded from MF Central platform.