1M
6M
All
| NAV: 26 Jul 2021 | ₹10.37 |
|---|---|
| Min. SIP Amount | NA |
| Rating | NA |
|---|---|
| Fund Size | ₹20.91 Cr |
Holdings (5)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| REC Ltd. | Financial | Debenture | 49.4% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 14.4% |
| Axis Bank Ltd. | Financial | CD | 11.9% |
| NHPC Ltd. | Energy | Bonds/Deb | 9.6% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 9.6% |
Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Expense ratio, exit load and tax
Expense ratio: 0.27%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
NA
Understand termsinfo
Fund management
Vikrant Mehta
Jan 2021 - Present
View Details
Education
Mr. Mehta is CFA and M.S.
Experience
Prior to joining ITI Mutual Fund, he has worked with Indiabulls AMC, Kotak Mahindra Mutual Fund, AIG India Liaison Office, NVS Brokerage Pvt. Ltd., JM Morgan Stanley Fixed Income Securities Pvt. Ltd. and Mata Securities India Pvt. Ltd.
Also manages these schemes
George Heber Joseph
Oct 2020 - Present
View Details
Education
Mr George holds dual Bachelor's Degrees in English Language & Literature and Commerce. He is a qualified CA from Institute of Chartered Accountants of India, New Delhi and a Cost and Management Accountant from Institute of Cost Accountants of India, Kolkata.
Experience
Prior to joining ITI Asset Management Ltd., he has worked with ICICI Prudential Asset Management Ltd., Tanfac Industries Ltd. (Aditya Birla Group), Cholamandalam Investments & Finance Co. Ltd., Met Life India, Wipro and DSP Merrill Lynch Ltd. based in India and abroad.
His last stint was at ICICI Prudential Asset Management Co. Ltd. Mumbai, where he spent more than a decade managing some of the large flagship fund strategies in the equity and hybrid categories with assets under management exceeding Rs. 10,000 crores. All funds (Multicap, ELSS – Long Term Equity Fund, Child Care) and discretionary portfolios (Wellness, Exports, Flexicap, Largecap, PIPE/Smallcap) managed by him during this entire period were excellent performers in their respective categories. There, he was designated as Senior Fund Manager (Vice President Grade) based in Mumbai, India and was one of the Key Management Personnel in the company and was part of the investment management team.
He is known for his focus on extensive bottom-up research and stock-picking capabilities, has overseen fund managers activities and managed various research analysts during his tenure.
Also manages these schemes
Milan Mody
Oct 2020 - Present
View Details
Education
Mr. Mody has done B.Com & MBA in Finance
Experience
Prior to joining ITI Mutual Fund he has worked with ZyFin Research Private Ltd, Sahara India Life Insurance Company Ltd, He was also associated with Darashaw and BRICS securities.
Also manages these schemes
Fund house & investment objective
| Rank (total assets) | NA |
|---|---|
| Total AUM | NA |
| Date of Incorporation | NA |
|---|
ITI Banking & PSU Debt Fund Direct Growth is a Debt Mutual Fund Scheme launched by null. This scheme was made available to investors on . George Heb
ITI Banking & PSU Debt Fund Direct Growth is a Debt Mutual Fund Scheme launched by null. This scheme was made available to investors on . George Heber Joseph is the Current Fund Manager of ITI Banking & PSU Debt Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹0 Cr and the Latest NAV as of 26 Jul 2021 is ₹10.37.
The ITI Banking & PSU Debt Fund Direct Growth is rated Low to Moderate risk.
...Read more
Investment Objective
The scheme seeks to generate income / capital appreciation through investments in debt and money market instruments consisting predominantly of securi
The scheme seeks 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.
...Read more
| Fund benchmark | NA |
|---|
Fund house contact details
Address
NA
Phone
NA
Launch Date
NA
E-mail
NAWebsite
NA
ITI Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
ITI Banking & PSU Debt Fund Direct Growth
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