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Fixed IncomeBanking & PSU

ITI Banking & PSU Fund Direct Gr

3Y Annualised

7.42%

0.07% 1D

Fund Performance

Fund Multiplier

Fund Info

Peer Comparison

Fund Managers

AMC Details

Performance

1M Returns

1.27%

0.07% 1D

Benchmark

Nifty 50 Index Fund

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

This Fund

9 years 8 months

NIFTY 50

5 years 6 months

FD

9 years 7 months

Fund info

Fund size

₹34.80 Cr

Min. SIP amount

₹500

Min. Lumpsum amount

₹5000

Exit load

0%

Nil

Risk Profile

Moderate Risk

Fund Managers

VM
Vikrant MehtaFund Manager Since 18 Jan 2021

About ITI Banking & PSU Fund Direct Gr

ITI Banking & PSU Fund Direct Gr is a Fixed Income mutual fund scheme from ITI Asset Management Limited. This fund has been in existence for 4 years, having been launched on 2020-10-22. ITI Banking & PSU Fund Direct Gr has ₹34.80 Cr worth of assets under management (AUM) as of Wed Apr 30 2025. The latest Net Asset Value (NAV) of ITI Banking & PSU Fund Direct Gr as of Tue Apr 29 2025 is ₹13.2376. The fund has an expense ratio of 0.15%, which is medium comparable to most other Fixed Income funds.

ITI Banking & PSU Fund Direct Gr returns for the last 1 year are 9.20%. Since launch, it has delivered 6.41% average annual returns.

The ITI Banking & PSU Fund Direct Gr has the majority of its money invested in null sectors.

Top 5 Holdings of ITI Banking & PSU Fund Direct Gr.

  1. 6.79% Govt Stock 2034: 25.55%
  2. REC Ltd. 7.71%: 8.64%
  3. National Housing Bank: 7.22%
  4. Small Industries Development Bank Of India: 7.21%
  5. Power Grid Corporation Of India Limited: 7.17%

AMC Information

NameITI Asset Management Limited
Founding Date2020-10-22
Emailmfassist@itiorg.com
Phone022-66214999
Websitewww.itimf.com
AddressNaman Midtown “A” Wing, 21st Floor, Senapati Bapat Marg, Elphinstone Road

Tax Implications of ITI Banking & PSU Fund Direct Gr

Short Term GainsIncome tax rate applicable to the Unitholders as per their income slabs.
Long Term GainsIncome tax rate applicable to the Unitholders as per their income slabs.

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₹1,000+ cr

AUM

1+ Lac

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