Overview
ITI Banking and PSU Debt Fund Direct Growth
ITI Mutual Fund
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.
Investments in ITI Banking and PSU Debt Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 13.2263
Fund Size (AUM)
₹34.8 Cr
Risk
Moderate (Risk rating: 3/10)
Minimum Investment
Lumpsum: ₹ 5000
SIP: ₹500
Launch Date
22-Oct-2020
Expense Ratio
0.15%
Exit Load
Nil
Benchmark
CRISIL Banking and PSU Debt A-II Index
Standard Deviation
0.77
History
Performance & Ratios
1-Year SIP Return
7.56%
3-Year SIP Return
7.47%
5-Year SIP Return
N/A
Mean Return
N/A
Alpha
3.52
Beta
1.36
Sharpe Ratio
0.91
Sortino Ratio
1.4
Information Ratio
4.88
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 9.31% | 7.4% | N/A | 2.32% |
| Category Average | 9.28% | 6.98% | 6.39% | N/A |
| Rank Within Category | 16 | 9 | N/A | N/A |
Holdings (12)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 14.67% |
| GOI | Sovereign | GOI Sec | 10.93% |
| REC Ltd. | Financial | Bonds | 8.69% |
| Small Industries Devp. Bank of India Ltd. | Financial | Bonds | 7.25% |
| National Housing Bank | Financial | NCD | 7.25% |
| Power Grid Corporation Of India Ltd. | Energy | Bonds | 7.23% |
| Power Finance Corporation Ltd. | Financial | Bonds | 7.18% |
| Bharat Petroleum Corporation Ltd. | Energy | NCD | 7.16% |
| Punjab National Bank | Financial | CD | 7.12% |
| HDFC Bank Ltd. | Financial | CD | 6.77% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| ICICI Prudential Banking & PSU Debt Direct Growth | 10368.32 | 9.58 | 7.84 | 0.39 | N/A |
| HDFC Banking and PSU Debt Fund Direct Growth | 5995.94 | 9.85 | 7.46 | 0.39 | N/A |
| Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth | 8588.22 | 9.85 | 7.42 | 0.39 | N/A |
| Bandhan Banking & PSU Debt Fund Direct Growth | 13396.58 | 9.3 | 7.11 | 0.33 | N/A |
| Axis Banking & PSU Debt Direct Plan Growth | 12961.49 | 9.27 | 7.08 | 0.35 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 500
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 7, 14, 21, 28
Min Amount: ₹ 1000
Min Installments: 2
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: 1, 7, 14, 21, 28
Min Amount: ₹ 1000
Min Installments: 2
AMC Details
Asset Management Company
ITI Mutual Fund
None ITI Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Launch Date
2018-05-14T00:00:00.475Z
Total AUM
₹ 9273.61 Cr
Address
ITI Asset Mangement Limited,ITI House, Building no. 36,Dr. R. K. Shirodkar Marg, Parel, Mumbai 400012
Phone
022-66214999
Website
Sub Type
Gilt
Sub Type Info
Invest predominantly in Government Securities(minimum 80% of total assets). They are relatively more risky than the other debt funds due to fluctuating interest rates.
Tax Impact
Returns are taxed as per your Income Tax slab.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
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ITI Banking and PSU Debt Fund Direct Growth
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for ITI Banking and PSU Debt Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of ITI Banking and PSU Debt Fund Direct Growth?
The top stocks held by ITI Banking and PSU Debt Fund Direct Growth include GOI, GOI, REC Ltd..
Which industries does ITI Banking and PSU Debt Fund Direct Growth invest in?
ITI Banking and PSU Debt Fund Direct Growth primarily invests in the following industries: Sovereign, Financial, Energy.
Who is the fund manager of ITI Banking and PSU Debt Fund Direct Growth?
The fund manager of ITI Banking and PSU Debt Fund Direct Growth is Laukik Bagwe.
How many years has the fund manager been managing ITI Banking and PSU Debt Fund Direct Growth?
Laukik Bagwe: Calculating...
What is the minimum investment for ITI Banking and PSU Debt Fund Direct Growth?
The minimum investment for ITI Banking and PSU Debt Fund Direct Growth is ₹5000 for lumpsum investments and ₹500 for SIPs.
What are the average 1-year returns for ITI Banking and PSU Debt Fund Direct Growth?
Calculating...
What are the average 3-year returns for ITI Banking and PSU Debt Fund Direct Growth?
Calculating...
What is the expense ratio of ITI Banking and PSU Debt Fund Direct Growth, and how does it compare to its category?
The expense ratio of ITI Banking and PSU Debt Fund Direct Growth is 0.15%. The average expense ratio for similar funds in the Debt is Calculating....