How to Invest in ITI Banking & PSU Debt Fund Direct Growth?

You can easily invest in ITI Banking & PSU Debt Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for ITI Banking & PSU Debt Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in ITI Banking & PSU Debt Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does ITI Banking & PSU Debt Fund Direct Growth provide?

The ITI Banking & PSU Debt Fund Direct Growth has been there from 22 Oct 2020 and the average annual returns provided by this fund is 7.01% since its inception.

How much expense ratio is charged by ITI Banking & PSU Debt Fund Direct Growth?

The term Expense Ratio used for ITI Banking & PSU Debt Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of ITI Banking & PSU Debt Fund Direct Growth is 0.15% as of 23 Jan 2026...

What is the AUM of ITI Banking & PSU Debt Fund Direct Growth?

The AUM, short for Assets Under Management of ITI Banking & PSU Debt Fund Direct Growth is ₹37.28Cr as of 23 Jan 2026.

How to Redeem ITI Banking & PSU Debt Fund Direct Growth?

If you want to sell your ITI Banking & PSU Debt Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of ITI Banking & PSU Debt Fund Direct Growth?

You can select either SIP or Lumpsum investment of ITI Banking & PSU Debt Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of ITI Banking & PSU Debt Fund Direct Growth?

The NAV of ITI Banking & PSU Debt Fund Direct Growth is ₹13.76 as of 22 Jan 2026.

What is the PE and PB ratio of ITI Banking & PSU Debt Fund Direct Growth?

The PE ratio ratio of ITI Banking & PSU Debt Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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Blog

ITI Banking & PSU Debt Fund Direct Growth

Name: ITI Banking & PSU Debt Fund Direct Growth
Brand: ITI Mutual Fund

Debt

Banking and PSU

Low to Moderate Risk

+7.38%

3Y annualised

+0.10% 1D

All

NAV: 22 Jan '26

₹13.76

Min. SIP amount

₹500

Fund size

₹37.28 Cr

Expense ratio

0.15%

Return calculator

Monthly SIP

One time

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Returns
1 year	₹60,000	₹61,598	+2.66%
3 years	₹1,80,000	₹2,00,080	+11.16%
5 years	₹3,00,000	₹3,56,163	+18.72%

Holdings (14)

Name	Sector	Instruments	Assets
GOI	Sovereign	GOI Sec	13.29%
Nuclear Power Corpn. Of India Ltd.	Energy	Debenture	8.29%
National Housing Bank	Financial	NCD	8.15%
REC Ltd.	Financial	Bonds	8.12%
Indian Railway Finance Corporation Ltd.	Financial	Debenture	8.11%
Small Industries Devp. Bank of India Ltd.	Financial	Bonds	6.79%
NTPC Ltd.	Energy	Bonds	6.74%
Power Finance Corporation Ltd.	Financial	Bonds	6.73%
HDFC Bank Ltd.	Financial	CD	6.67%
Canara Bank	Financial	CD	6.62%
National Bank For Agriculture & Rural Development	Financial	Bonds	5.44%
National Bank For Agriculture & Rural Development	Financial	Bonds	2.72%
Export-Import Bank Of India	Financial	CD	2.65%
NTPC Ltd.	Energy	Debenture	1.35%

See All

Minimum investments

Min. for 1st investment

₹5,000

Min. for 2nd investment

₹1,000

Min. for SIP

₹500

Returns and rankings

Annualised returns

Absolute returns

Name	1Y	3Y	5Y	All
Fund returns	+7.0%	+7.4%	+6.4%	+6.3%
Category average (Debt Banking and PSU)	+7.4%	+7.3%	+5.7%	--
Rank (Debt Banking and PSU)	14	15	3	--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed as per your Income Tax slab.

Check past data

Compare similar funds

	Name	1Y	3Y	Fund Size(Cr)
	ICICI Prudential Banking & PSU Debt Direct Growth	+7.45%	+7.80%	9,727.95
	UTI Banking & PSU Fund Direct Growth	+7.58%	+7.48%	1,014.91
	TRUSTMF Banking & PSU Fund Direct Growth	+7.30%	+7.45%	131.79
	Axis Banking & PSU Debt Direct Plan Growth	+7.16%	+7.29%	13,573.62
	Bandhan Banking and PSU Fund Direct Growth	+6.85%	+7.28%	12,650.77
Compare

Fund management

LB
Laukik Bagwe
Feb 2025 - Present
View details

Education

Mr. Bagwe is a B.Com (H) and PGDBA (Finance)

Experience

Prior to joining ITI Mutual fund he has worked with DSP Mutual Fund, Derivium Capital and Securities Pvt. Ltd. and with Birla Sun Life Securities Ltd.

Also manages these schemes

ITI Liquid Fund Direct Growth

ITI Balanced Advantage Fund Direct Growth

ITI Ultra Short Duration Fund Direct Growth

ITI Overnight Fund Direct Growth

ITI Banking & PSU Debt Fund Direct Growth

ITI Dynamic Bond Fund Direct Growth

ITI Arbitrage Fund Direct Growth

About ITI Banking & PSU Debt Fund Direct Growth

ITI Banking & PSU Debt Fund Direct Growth is a Debt Mutual Fund Scheme launched by ITI Mutual Fund. This scheme was made available to investors on 14 May 2018. Laukik Bagwe is the Current Fund Manager of ITI Banking & PSU Debt Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹11,273 Cr and the Latest NAV as of 22 Jan 2026 is ₹13.76. The ITI Banking & PSU Debt Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. ;

Investment Objective

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.;

Fund benchmarkCRISIL Banking and PSU Debt A-II Index

Scheme Information Document(SID)