ITI Banking & PSU Debt Fund
ITI Mutual Fund · Banking & PSU · Regular plan, growth option
| Period | Scheme | Category median |
|---|---|---|
| 1 month | 0.1% | 0.1% |
| 3 months | 0.6% | 0.3% |
| 6 months | 2.4% | 2.9% |
| Year to date | 3.1% | 3.1% |
| 1 year | 4.2% | 4.4% |
| 3 years (CAGR) | 6.4% | 6.7% |
| 5 years (CAGR) | 5.7% | 5.8% |
| 7 years (CAGR) | n/a | 6.4% |
| 10 years (CAGR) | n/a | 6.7% |
| Since first NAV (CAGR) | 5.5% | – |
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 6.1% | 7.5% |
| 3Y rolling median | 6.4% | 7.3% |
| 3Y rolling worst | 4.5% | 4.4% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 5.8% | 6.9% |
| 5Y rolling worst | 5.6% | 5.6% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 1.1% | 1.5% |
| Sharpe ratio | -0.21 | 0.04 |
| Sortino ratio | -0.30 | 0.07 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −1.1% | −3.1% |
| Maximum drawdown, last 10Y | n/a | −3.1% |
| Maximum drawdown, last 5Y | −0.4% | −1.1% |
| Current drawdown | −0.1% | −0.3% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
This scheme invests mainly in the market below, which is also close to how many of them are benchmarked. Where that market stands today:
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
The Regular plan's expense ratio is 0.75% a year and the Direct plan's 0.23%, a gap of 0.52%; over the last 3 years the Direct plan returned 0.58 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹13,56,313.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
| Fund manager | Role | Managing since |
|---|---|---|
| Laukik Bagwe | Fund manager and Head - Fixed Income | 1 Feb 2025 |
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 0.75% | 0.71% |
| AUM, whole scheme (₹ crore) | 34 | 2,863 |
| Riskometer | Low to Moderate | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 4.3% | 4.8% TRI |
| Return, 3 years (AMFI) | 6.4% | 6.6% TRI |
| Return, 5 years (AMFI) | 5.7% | 5.9% TRI |
| Month-ends above category median (3Y CAGR) | 50% | 48% median |
| Month-ends in category top quartile (3Y) | 28% | 23% median |
Official benchmark: CRISIL Banking and PSU Debt A-II Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Banking & PSU Regular plans; how it is calculated.
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 3.1% | n/a | – |
| 2025 | 6.8% | n/a | – |
| 2024 | 7.6% | n/a | – |
| 2023 | 6.3% | n/a | – |
| 2022 | 4.2% | n/a | – |
| 2021 | 3.6% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,22,670 | 4.2% |
| 3 years | ₹3,60,000 | ₹3,92,327 | 5.7% |
| 5 years | ₹6,00,000 | ₹6,98,178 | 6.0% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Nippon India CRISIL - IBX AAA Financial Services - Jan 2028 Index Fund | Debt Index Fund | 0.95 | n/a |
| UTI - Corporate Bond Fund | Corporate Bond | 0.93 | 6.9% |
| Sundaram Corporate Bond Fund | Corporate Bond | 0.93 | 6.8% |
| HSBC Short Term Fund | Short Duration | 0.93 | 7.2% |
| Aditya Birla Sun Life Banking & PSU Debt Fund | Banking & PSU | 0.93 | 6.6% |
| HSBC Short Term Fund | Short Duration | 0.93 | 6.8% |
- What is the latest NAV of ITI Banking & PSU Debt Fund?
- The NAV of the Regular plan (growth option) was ₹13.7760 on 1 Oct 2026, as published by AMFI.
- Which category is ITI Banking & PSU Debt Fund in?
- It is classified as Banking & PSU in AMFI's daily NAV file. MFIC compares it with 20 Banking & PSU schemes (Regular plans).
- What returns has ITI Banking & PSU Debt Fund delivered?
- Over one year the NAV changed by 4.2%. The 3-year CAGR is 6.4% (category median 6.7%) and the 5-year CAGR is 5.7% (category median 5.8%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 6.4%, the lowest was 4.5%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in ITI Banking & PSU Debt Fund's NAV?
- The largest peak-to-trough fall in its available history was 1.1%; within the last five years it was 0.4% (category median 1.1%).
- How volatile is ITI Banking & PSU Debt Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 1.1%, which is below the Banking & PSU category median of 1.5%.
- What would a monthly SIP in ITI Banking & PSU Debt Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹6,98,178 on 1 Oct 2026, an annualised return (XIRR) of 6.0%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of ITI Banking & PSU Debt Fund?
- The total expense ratio of the Regular plan is 0.75% a year, as disclosed to AMFI (median of Banking & PSU Regular plans: 0.71%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is ITI Banking & PSU Debt Fund?
- Assets under management of the whole scheme were ₹34 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of ITI Banking & PSU Debt Fund?
- AMFI lists the scheme's riskometer as “Low to Moderate”, and its benchmark's as “Low to Moderate”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of ITI Banking & PSU Debt Fund and how has it compared?
- Its official benchmark is the CRISIL Banking and PSU Debt A-II Index. Over 3 years AMFI reports a return of 6.4% for this plan against 6.6% for the benchmark total return index; over 5 years 5.7% against 5.9%. Past performance does not indicate future results.
- How often has ITI Banking & PSU Debt Fund beaten its category?
- At 50% of the 36 month-ends compared over the last 10 years, its 3-year return was above the median of Banking & PSU schemes (Regular plans); it was in the top quarter at 28% of them. A typical scheme would show about 50%.
- Who manages ITI Banking & PSU Debt Fund?
- According to its Scheme Summary Document, ITI Banking & PSU Debt Fund is managed by Laukik Bagwe (since 1 Feb 2025).
- What is the minimum investment in ITI Banking & PSU Debt Fund?
- The minimum application amount is ₹5,000. SIP details: SIP-Daily: Rs. 500/-/ Weekly and Monthly:Rs. 500/- or Rs. 1000/-, STP- Rs. 500/-, SWP- Rs. 1000/-.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 4.8% and the Regular plan's by 4.2%. The Regular plan includes the services of a distributor.
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