ITI Banking & PSU Fund Gr

ITI Banking & PSU Fund Gr

Debt

ITI Mutual Fund

Banking & Psu

Get the latest NAV of ITI Banking & PSU Fund Gr. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹13.86

NAV as on 16 Mar 2026

6.24%/per year

Since Inception

Absolute Gain%

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17 people have invested ₹ 2.4L in ITI Banking & PSU Fund Gr in the last three months

ITI Banking & PSU Fund Gr Performance vs. Banking and PSU Index

Fund returns vs Benchmark returns vs Category Average returns as on (16-Mar-26)

The fund has consistently outperformed the benchmark (Banking and PSU Index) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.18%
1.07%
2.41%
6.83%
7.36%
6.55%
Banking and PSU Index
0.03%
0.74%
2.06%
6.37%
6.29%
5.42%
Banking & Psu Avg
0.02%
0.7%
2.09%
6.56%
7.08%
6.25%
Best in Banking & Psu
0.36%
1.4%
3.24%
7.95%
7.79%
7.49%
Worst in Banking & Psu
0.01%
0.68%
2.06%
6.26%
7.03%
5.78%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
ITI Banking & PSU Fund Gr
-
38Cr
0.15%
6.83%
7.36%
0.41
0.64
0.96
1.91
0.40
ICICI Prudential Banking and PSU Debt Fund
1/12
9,489Cr
0.39%
7.21%
7.74%
0.80
0.76
1.35
2.71
1.55
UTI Banking & PSU Fund
2/12
1,099Cr
0.2%
7.44%
7.63%
0.62
0.79
1.09
2.34
1.05
Kotak Banking and PSU Debt Fund
3/12
5,409Cr
0.4%
7.5%
7.78%
0.65
1.05
1.03
1.97
1.85
See all

ITI Banking & PSU Fund Gr Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

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Total Investment

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Profit

Total Corpus

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Absolute Return
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ITI Banking & PSU Fund Gr Asset Allocation

See fund asset allocation details as on (14-Mar-26)

Fund Distribution

as on (14-Mar-26)

AAA
100%
Cash allocation has gone up from 31.1% to 40.7%
Cash allocation has gone up from 31.1% to 40.7%
Debt allocation has gone down from 68.6% to 59.3%
Debt allocation has gone down from 68.6% to 59.3%

ITI Banking & PSU Fund Gr Sector Allocation

See fund sector allocation details as on (14-Mar-26)

Sector Allocation

Government
46.7%
Corporate
44.7%
Cash Equivalent
8.6%

Top 2 Sectors in February were Corporate, Government

Feb'26

Corporate

42%

Government

28%

Jan'26

Corporate

46%

Government

31%

ITI Banking & PSU Fund Gr Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.15%
Benchmark
CRISIL Banking and PSU Debt A-II TR INR
AUM₹38 Cr
Inception Date22 October, 2020
Min Lumpsum/SIP₹5,000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
474.22%
Risk
Risk meter
pointer
Low to Moderate Risk

About ITI Banking & PSU Fund Gr

ITI Banking & PSU Fund Gr is a debt fund. This fund was started on 22 October, 2020. The fund is managed by Laukik Bagwe. This fund is suitable to keep your money safe.

Key Parameters

  1. ITI Banking & PSU Fund Gr has ₹38 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

ITI Banking & PSU Fund Gr has given a CAGR return of 6.24% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.83%, 7.36% and 6.55% respectively.

Holdings

ITI Banking & PSU Fund Gr has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Nuclear Power Corporation Of India Limited, National Housing Bank, Rec Limited, Indian Railway Finance Corporation Limited, Bank Of Baroda

Taxation

As it is a banking & psu mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of ITI Banking & PSU Fund Gr

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.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. ITI Banking & PSU Fund Gr has no lock in period.

Fund Manager

Laukik Bagwe

Fund Manager of ITI Banking & PSU Fund Gr, since 1 February 2025

Learn more about ITI Mutual Fund
Parameters
Feb'26
Jan'26
Dec'25
AUM
₹ 37.6 Cr
₹ 37.4 Cr
₹ 37.2 Cr
  • AUM of the fund stands at 37.6 Cr as of Feb'26
  • AUM increased by 0.2 Cr between Feb'26 and Jan'26

Frequently Asked Questions for ITI Banking & PSU Fund Gr

How do I invest in ITI Banking & PSU Fund Gr?

INDmoney makes it simple to invest in the ITI Banking & PSU Fund Gr. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘ITI Banking & PSU Fund Gr’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of ITI Banking & PSU Fund Gr?

The NAV of the fund today is ₹13.86. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

ITI Banking & PSU Fund Gr fund has generated a return of 6.83% in 1 year, 7.36% in 3 years, 6.55% in 5 years.

Who is the fund manager of ITI Banking & PSU Fund Gr?

The fund managers are Laukik Bagwe.

What is the expense ratio of the fund?

The expense ratio is 0.15%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹38 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of ITI Banking & PSU Fund Gr?

The top 3 holdings of the fund are Nuclear Power Corporation Of India Limited(8.19%), National Housing Bank(8.05%), Rec Limited(8.04%)