ITI Banking & PSU Debt Fund is a Banking & PSU fund run by ITI Mutual Fund. On 30-09-2026, it managed ₹34 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 6.8% a year and its Regular plan returned 6.2% a year.
NAV (Direct plan)
₹14.21
▲ 0.01% · 30-10-2026
NAV (Regular plan)
₹13.75
▲ 0.01% · 30-10-2026
Expense ratio
0.23%Direct0.75%Regular
0.23%
A year
Riskometer
Low to Moderate
Set by the fund house
3 year return
6.8%Direct6.2%Regular
6.8%
A year
ITI Banking & PSU Debt Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹14.21 (up 0.01% that day); Regular Plan Growth ₹13.75 (up 0.01% that day).
This fund (Direct plan)
₹14.2112
ITI Banking & PSU Debt Fund Returns vs Banking & PSU Funds
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−0.14%
+0.35%
+1.96%
+4.10%
+6.79%
+6.27%
--
This fund (Regular)
−0.19%
+0.22%
+1.70%
+3.55%
+6.21%
+5.69%
--
Banking & PSU average
−0.21%
+0.14%
+2.36%
+4.04%
+6.88%
+6.22%
--
Best in Banking & PSU
+0.29%
+1.41%
+3.21%
+5.74%
+7.47%
+7.79%
--
Worst in Banking & PSU
−0.45%
−0.53%
+1.89%
+2.97%
+6.32%
+5.58%
--
Rank in Banking & PSU
7/19
7/19
17/19
7/19
11/18
4/16
--
Category rows compare the Direct plans of 19 Banking & PSU funds. Rank 1 is the highest return. This fund's benchmark is CRISIL Banking and PSU Debt A-II Index. Returns of that index are not available to us, so the category average is the comparison.
ITI Banking & PSU Debt Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
2026to date
+3.39%
+2.94%
2025
+7.41%
+6.83%
2024
+8.21%
+7.61%
2023
+6.88%
+6.30%
2022
+4.82%
+4.24%
2021
+4.21%
+3.63%
ITI Banking & PSU Debt Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 729 periods, one for each trading day from 23-10-2023 to 30-10-2026.
0%2%4%6%8%
ITI Banking & PSU Debt Fund (Direct)
Category average, 19 Banking & PSU funds
Jan 2021 to Jan 2024Jul 2021 to Jul 2024Jan 2022 to Jan 2025Aug 2022 to Aug 2025Feb 2023 to Feb 2026Aug 2023 to Aug 2026
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 19 Banking & PSU funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.
ITI Banking & PSU Debt Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
ITI Banking & PSU Debt Fund (Direct)This fund
Category average
Return (CAGR)
+4.10%
+4.04%
Standard deviation
0.85%
1.18%
Sharpe ratio
-1.35
-1.02
Sortino ratio
-1.77
-1.39
Maximum drawdown
−0.36%
(23-10-2026)
−0.54%
(02-04-2026)
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Measure
ITI Banking & PSU Debt Fund (Direct)This fund
Category average
Return (CAGR)
+6.79%
+6.89%
Standard deviation
0.83%
1.00%
Sharpe ratio
0.92
0.87
Sortino ratio
1.40
1.29
Maximum drawdown
−0.36%
(23-10-2026)
−0.54%
(02-04-2026)
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Measure
ITI Banking & PSU Debt Fund (Direct)This fund
Category average
Return (CAGR)
+6.27%
+6.19%
Standard deviation
0.70%
0.98%
Sharpe ratio
0.67
0.39
Sortino ratio
1.00
0.54
Maximum drawdown
−0.36%
(23-10-2026)
−0.91%
(05-05-2022)
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Measure
ITI Banking & PSU Debt Fund (Direct)This fund
Category average
Return (CAGR)
+6.01%
+5.87%
Standard deviation
0.74%
0.98%
Sharpe ratio
0.88
0.53
Sortino ratio
1.32
0.73
Maximum drawdown
−1.1%
(09-02-2021)
−1.1%
(26-02-2021)
From daily NAVs, 23-10-2020 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
From the Direct plan's daily NAV since 23-10-2020, adjusted for unit splits, and the average of the 19 Banking & PSU funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
ITI Banking & PSU Debt Fund vs Other Banking & PSU Funds
The five Banking & PSU funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
ITI Banking & PSU Debt Fund Expense Ratio and Costs
What each plan charges a year, in force from 01-09-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Banking & PSU median
Cost rank (1 = cheapest)
Direct
0.18%
0.00%
0.02%
0.03%
0.23%
0.36%
1/19
Regular
0.63%
0.00%
0.02%
0.10%
0.75%
0.70%
13/19
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Banking & PSU funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
3.55%
4.10%
0.55%
₹1,03,550
₹1,04,100
3 years
6.21%
6.79%
0.58% a year
₹1,19,811
₹1,21,784
5 years
5.69%
6.27%
0.58% a year
₹1,31,877
₹1,35,536
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
ITI Banking & PSU Debt Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 23-10-2020 to 30-10-2026: 73 instalments, ₹7,30,000 in all.
Direct planITI Banking & PSU Debt Fund (Direct)Regular planITI Banking & PSU Debt Fund (Regular)Category averageCategory average, 19 Banking & PSU fundsAmount invested
From each plan's published NAV (Growth option) and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
ITI Banking & PSU Debt Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
81.4%Debt
Asset
Fund
Category
Debt
81.4%
91.5%
Cash and others
18.6%
8.5%
Credit rating
Bonds and money market papers by credit rating, % of the fund. Category: the average of 19 Banking & PSU funds.
Rating
Fund
Category
Sovereign
10.9%
8.9%
AAA and A1+
70.5%
81.8%
ITI Banking & PSU Debt Fund Portfolio Holdings
As on 30-09-2026 · 13 holdings · from the fund house's monthly portfolio
Holdings
Rating
Weight%
8.14% Nuclear Power Corporation Of India Limited (25/03/2028) · Bond
CRISIL AAA
8.93%
7.71% REC Limited (26/02/2027) · Bond
CRISIL AAA
8.85%
7.59% National Housing Bank (08/09/2027) · Bond
CRISIL AAA
8.85%
7.33% Indian Railway Finance Corporation Limited (27/08/2027) · Bond
CRISIL AAA
8.82%
HDFC Bank Limited (22/01/2027) · Certificate of deposit
CARE A1+
8.66%
7.79% Small Industries Dev Bank of India (19/04/2027) · Bond
CRISIL AAA
7.38%
7.23% Power Finance Corporation Limited (05/01/2027) · Bond
CRISIL AAA
7.37%
7.53% National Bank For Agriculture and Rural Development (24/03/2028) · Bond
ICRA AAA
5.87%
6.94% Government of India (11/05/2036) · Government security
Sovereign
5.80%
6.53% Government of India (07/09/2031) · Government security
Sovereign
5.12%
7.48% National Bank For Agriculture and Rural Development (15/09/2028) · Bond
CRISIL AAA
2.93%
Bank of Baroda (05/03/2027) · Certificate of deposit
CARE A1+
2.86%
Corporate Debt Market Development Fund Class A2
0.32%
ITI Banking & PSU Debt Fund Portfolio Overlap
Funds with the most similar portfolios, across every fund house and category
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
ITI Banking & PSU Debt Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
0.23%
Expense ratio (Regular)
0.75%
Category
Banking & PSU
Risk
Low to Moderate
Benchmark
CRISIL Banking and PSU Debt A-II Index
Launch date
22-10-2020
Minimum investment
₹5,000
Minimum additional investment
₹1,000
AUM
₹33.92 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
148534
ISIN (Direct)
INF00XX01861
Scheme code (Regular)
148535
ISIN (Regular)
INF00XX01838
NAV history
From 23-10-2020, 6.0 years
Exit load
Nil
Tax on ITI Banking & PSU Debt Fund returns
ITI Banking & PSU Debt Fund is taxed as a debt fund: 65% or more of it is in bonds and money market papers.
For units bought on or after 01-04-2023, the gain is added to your income and taxed at your slab rate, however long you hold the units.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹14.2112
30-10-2026
direct
IDCW
₹14.2096
30-10-2026
regular
Growth
₹13.7503
30-10-2026
regular
IDCW
₹13.7515
30-10-2026
About ITI Banking & PSU Debt Fund
ITI Banking & PSU Debt Fund is a mutual fund from ITI Mutual Fund. Its category is Banking & PSU. It was launched on 22-10-2020. Its benchmark is CRISIL Banking and PSU Debt A-II Index. At the end of September 2026 it held 13 securities.
Fund Manager
Laukik Bagwe
Fund manager of ITI Banking & PSU Debt Fund, since 01-02-2025
Frequently Asked Questions for ITI Banking & PSU Debt Fund
What is the current NAV of ITI Banking & PSU Debt Fund?
The Direct plan NAV is ₹14.2112. The Regular plan NAV is ₹13.7503, as on 30-10-2026.
What are the returns of ITI Banking & PSU Debt Fund?
The Direct plan returned +4.10% in 1 year, +6.79% a year over 3 years, +6.27% a year over 5 years. The Regular plan returned +3.55% in 1 year, +6.21% a year over 3 years, +5.69% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of ITI Banking & PSU Debt Fund?
The Direct plan charges 0.23% a year. The Regular plan charges 0.75% a year. This is the figure the fund house reported to AMFI, in force from 01-09-2026.
What is the AUM of ITI Banking & PSU Debt Fund?
ITI Banking & PSU Debt Fund managed ₹33.92 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of ITI Banking & PSU Debt Fund?
At the end of September 2026 the largest holdings were 8.14% Nuclear Power Corporation Of India Limited (25/03/2028) (8.93%), 7.71% REC Limited (26/02/2027) (8.85%), 7.59% National Housing Bank (08/09/2027) (8.85%), 7.33% Indian Railway Finance Corporation Limited (27/08/2027) (8.82%), HDFC Bank Limited (22/01/2027) (8.66%). The fund held 13 securities in all.
How do I invest in ITI Banking & PSU Debt Fund?
Through ITI Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹5,000. You can invest once or through a monthly SIP.
Who is the fund manager of ITI Banking & PSU Debt Fund?
Laukik Bagwe (since 01-02-2025).
What is the exit load of ITI Banking & PSU Debt Fund?
Nil
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.
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