- Mutual Funds
- ITI Mutual Fund
- ITI Banking & PSU Fund (Growth)
Formerly ITI Banking & PSU Debt Reg Gr
ITI Banking & PSU Fund (Growth)
₹ 11.8775
NAV (Apr 22)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 11.8775
NAV (Apr 22)
Fund Returns
Last 1Y | 6.5% |
Last 3Y | 5.2% |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 5% |
6 Month CAGR | 3.7% |
Scheme Information
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.
Expense Ratio | 0.7 |
Launched (4y ago) | Oct 22, 2020 |
AUM in Crores | 30.014 |
ISIN | INF00XX01838 |
Lock-in | No Lock-in |
Benchmark | CRISIL Banking and PSU Debt A-II TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0.7 |
Standard Deviation (5yr) | 0 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -0.021 |
Sharpe Ratio (5yr) | 0 |
YTM | 7.43 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| ITI Banking & PSU Fund (Growth) | 8,30,002 | 97,390 | 5.2% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
7.25% govt stock 2063
11.7%power finance corporation ltd.
11.7%bank of baroda
10%icici bank limited
9.9%hdfc bank limited
9.9%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 4,923 cr | ||
₹ 10,293 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
About the AMC
ITI Asset Management Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
19% | 18.4% | ||
19% | 18.4% | ||
18.8% | 16.6% | ||
24.6% | 23.5% | ||
18.8% | 16.6% |
ITI Banking & PSU Fund (G) Review
ITI Banking & PSU Fund (G) is a Banking And Psu Debt fund and has delivered an annualised return of 5% over a period of 3 years. The fund was previously known as ITI Banking & PSU Debt Reg Gr. The fund is managed by ITI Asset Management Limited. The fund manager’s name is Vikrant Mehta.
Nav of ITI Banking & PSU Fund (G) as of 4/22/2024 is ₹11.88 with the total AUM as of 4/23/2024 is ₹30.014. With Scripbox you can compare and check the latest nav for all mutual funds in India. ITI Banking & PSU Fund (G) was launched on Oct 22, 2020. The category risk of the fund is Moderate Risk.
The minimum SIP amount for ITI Banking & PSU Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
ITI Banking & PSU Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Banking and PSU Debt A-II TR INR.
ITI Banking & PSU Fund (G) is rated as a 0 fund in Debt and delivered 6.5% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with ITI Banking & PSU Fund (G).
Frequently Asked Questions
What is ITI Banking & PSU Fund (G)?
How to invest in ITI Banking & PSU Fund (G)?
You can invest in ITI Banking & PSU Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of ITI Banking & PSU Fund (G)?
The minimum sip amount for ITI Banking & PSU Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is ITI Banking & PSU Fund (G) good to invest in?
As per Scripbox experts, ITI Banking & PSU Fund (G) is a Not Reviewed Yet fund. You can investITI Banking & PSU Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the ITI Banking & PSU Fund (G)?
The expense ratio of the ITI Banking & PSU Fund (G) is 0.7% for regular plan.