Name: ITI Banking & PSU Debt Fund Regular IDCW
Brand: ITI Mutual Fund
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ITI Banking & PSU Debt Fund Regular IDCW
Debt
Banking and PSU
Low to Moderate Risk
Payout
-0.06%
1M return
+0.01% 1D
1M
6M
All
 NAV: 22 Oct 2021₹10.43
Min. SIP amountNA
RatingNA
Fund size₹23.55 Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Banking and PSU
Absolute returns
1M3M6MAll
Fund returns-0.1%0.9%2.3%4.3%
Category averageNANANANA
Rank with in categoryNA1612NA
Understand termsinfo
Holdings (10)NameSectorInstrumentAssets
Indian Oil Corporation Ltd.
EnergyCP9.7%
REC Ltd.
FinancialDebenture8.8%
Power Grid Corporation of India Ltd.
EnergyBonds8.5%
National Bank For Agriculture & Rural Development
FinancialDebenture8.5%
Axis Bank Ltd.
FinancialCD8.5%
Chennai Petroleum Corporation Ltd.
EnergyDebenture8.4%
GOI
SovereignGOI Sec6.8%
Indian Railway Finance Corporation Ltd.
FinancialDebenture4.3%
GOI
SovereignGOI Sec4.2%
GOI
SovereignGOI Sec2.1%
See All
Understand termsExpense ratioA 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.
TaxA 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 loadA 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 dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
30 Sep 2021 - Present
0.82%
31 Aug 2021 - 30 Sep 2021
0.82%
31 Jul 2021 - 31 Aug 2021
0.82%
30 Jun 2021 - 31 Jul 2021
0.82%
31 May 2021 - 30 Jun 2021
0.82%
30 Apr 2021 - 31 May 2021
0.81%
31 Mar 2021 - 30 Apr 2021
0.81%
28 Feb 2021 - 31 Mar 2021
0.81%
31 Jan 2021 - 28 Feb 2021
0.81%
31 Dec 2020 - 31 Jan 2021
0.81%
30 Nov 2020 - 31 Dec 2020
0.81%
31 Oct 2020 - 30 Nov 2020
0.81%
Expense ratio, exit load and taxExpense ratio: 0.82%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationNA
Understand termsinfo
Check past data
Minimum investment amountsMin. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA
Fund managementVikrant Mehta
Jan 2021 - Present
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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
Indiabulls Liquid Fund Growth
Indiabulls Liquid Fund IDCW Daily
Indiabulls Liquid Fund IDCW Weekly
Indiabulls Liquid Fund IDCW Fortnightly
Indiabulls Liquid Fund IDCW Monthly
Indiabulls Ultra Short Term Fund Growth
Indiabulls Ultra Short Term Fund IDCW Weekly
Indiabulls Ultra Short Term Fund IDCW Fortnightly
Indiabulls Ultra Short Term Fund IDCW Monthly
Indiabulls Ultra Short Term Fund IDCW Daily
Indiabulls Liquid Direct Fund Growth
Indiabulls Liquid Direct Fund IDCW Daily
Indiabulls Liquid Direct Fund IDCW Weekly
Indiabulls Liquid Direct Fund IDCW Fortnightly
Indiabulls Liquid Direct Fund IDCW Monthly
Indiabulls Ultra Short Term Direct Fund Growth
Indiabulls Ultra Short Term Direct Fund IDCW Daily
Indiabulls Ultra Short Term Direct Fund IDCW Weekly
Indiabulls Ultra Short Term Direct Fund IDCW Fortnightly
Indiabulls Ultra Short Term Direct Fund IDCW Monthly
Indiabulls Income Fund Direct Growth
Indiabulls Income Fund Direct IDCW Monthly
Indiabulls Income Fund Direct IDCW Quarterly
Indiabulls Income Fund Direct IDCW Half Yearly
Indiabulls Income Fund Regular IDCW Half Yearly
Indiabulls Income Fund Regular Growth
Indiabulls Income Fund Regular IDCW Monthly
Indiabulls Income Fund Regular IDCW Quarterly
Indiabulls Short Term Fund Direct Growth
Indiabulls Short Term Fund Direct IDCW Weekly
Indiabulls Short Term Fund Direct IDCW Fortnightly
Indiabulls Short Term Fund Direct IDCW Monthly
Indiabulls Short Term Fund Regular Growth
Indiabulls Short Term Fund Regular IDCW Weekly
Indiabulls Short Term Fund Regular IDCW Monthly
Indiabulls Arbitrage Fund Direct Growth
Indiabulls Arbitrage Fund Regular Growth
Indiabulls Value Fund Direct Growth
Indiabulls Value Fund Direct IDCW
Indiabulls Value Fund Regular Growth
Indiabulls Value Fund Regular IDCW
Indiabulls Savings Income Fund Direct Growth
Indiabulls Savings Income Fund Direct IDCW Monthly
Indiabulls Savings Income Fund Regular IDCW Monthly
Indiabulls Savings Income Fund Regular Growth
Indiabulls Arbitrage Fund Direct IDCW Monthly
Indiabulls Arbitrage Fund Regular IDCW Monthly
Indiabulls Arbitrage Fund Direct IDCW Quarterly
Indiabulls Arbitrage Fund Regular IDCW Quarterly
Indiabulls Arbitrage Fund Direct IDCW Half Yearly
Indiabulls Arbitrage Fund Regular IDCW Half Yearly
Indiabulls Arbitrage Fund Direct IDCW Yearly
Indiabulls Arbitrage Fund Regular IDCW Yearly
Indiabulls Value Fund Direct IDCW Monthly
Indiabulls Value Fund Regular IDCW Monthly
Indiabulls Value Fund Direct IDCW Quarterly
Indiabulls Value Fund Direct IDCW Half Yearly
Indiabulls Value Fund Regular IDCW Half Yearly
Indiabulls Tax Savings Fund Direct IDCW
Indiabulls Tax Savings Fund Direct Growth
Indiabulls Tax Savings Fund Regular IDCW
Indiabulls Tax Savings Fund Regular Growth
Indiabulls Savings Income Fund Regular IDCW Quarterly
Indiabulls Savings Fund Direct Growth
Indiabulls Savings Fund Regular Growth
Indiabulls Dynamic Bond Fund Direct Growth
Indiabulls Dynamic Bond Fund Regular Growth
Indiabulls Dynamic Bond Fund Direct IDCW Fortnightly
Indiabulls Dynamic Bond Fund Direct IDCW Daily
Indiabulls Equity Hybrid Fund Direct Growth
Indiabulls Equity Hybrid Fund Direct IDCW
Indiabulls Equity Hybrid Fund Direct IDCW Half Yearly
Indiabulls Equity Hybrid Fund Regular IDCW
Indiabulls Equity Hybrid Fund Regular IDCW Monthly
Indiabulls Equity Hybrid Fund Regular Growth
Indiabulls Equity Hybrid Fund Direct IDCW Monthly
Indiabulls Nifty 50 Exchange Traded Fund Growth
ITI Liquid Fund Regular Growth
ITI Liquid Fund Direct Growth
Indiabulls Banking And PSU Debt Fund Direct Growth
Indiabulls Banking And PSU Debt Fund Regular Growth
Indiabulls Banking And PSU Debt Fund Regular IDCW Daily
Indiabulls Overnight Fund Direct Growth
Indiabulls Overnight Fund Direct IDCW Fortnightly
Indiabulls Overnight Fund Direct IDCW Monthly
Indiabulls Overnight Fund Regular Growth
Indiabulls Overnight Fund Regular IDCW Daily
Indiabulls Overnight Fund Regular IDCW Monthly
ITI Arbitrage Fund Direct Growth
ITI Overnight Fund Direct Growth
ITI Overnight Fund Regular Growth
ITI Overnight Fund Direct IDCW Monthly
Indiabulls Multi Cap Fund Direct Growth
ITI Banking & PSU Debt Fund Regular IDCW
ITI Banking & PSU Debt Fund Direct Growth
ITI Banking & PSU Debt Fund Regular Growth
ITI Ultra Short Duration Fund Regular Growth
ITI Ultra Short Duration Fund Direct Growth
ITI Dynamic Bond Fund Direct Growth
George Heber Joseph
Oct 2020 - Present
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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
ITI Liquid Fund Regular Growth
ITI Liquid Fund Direct Growth
ITI Long Term Equity Fund Direct Growth
ITI Long Term Equity Fund Direct IDCW
ITI Long Term Equity Fund Regular IDCW
ITI Long Term Equity Fund Regular Growth
ITI Arbitrage Fund Direct Growth
ITI Overnight Fund Direct Growth
ITI Overnight Fund Regular Growth
ITI Overnight Fund Direct IDCW Monthly
ITI Balanced Advantage Fund Regular IDCW
ITI Balanced Advantage Fund Regular Growth
ITI Balanced Advantage Fund Direct IDCW
ITI Balanced Advantage Fund Direct Growth
ITI Small Cap Fund Regular IDCW
ITI Small Cap Fund Direct Growth
ITI Small Cap Fund Regular Growth
ITI Large Cap Fund Regular Growth
ITI Large Cap Fund Direct Growth
ITI Banking & PSU Debt Fund Regular IDCW
ITI Banking & PSU Debt Fund Direct Growth
ITI Banking & PSU Debt Fund Regular Growth
ITI Mid Cap Fund Direct IDCW
ITI Mid Cap Fund Regular Growth
ITI Mid Cap Fund Direct Growth
Milan Mody
Oct 2020 - Present
View details
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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
ITI Arbitrage Fund Direct Growth
ITI Overnight Fund Direct Growth
ITI Overnight Fund Regular Growth
ITI Overnight Fund Direct IDCW Monthly
ITI Banking & PSU Debt Fund Regular IDCW
ITI Banking & PSU Debt Fund Direct Growth
ITI Banking & PSU Debt Fund Regular Growth
Fund house & investment objective
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ITI Mutual Fund
Rank (total assets)NA
Total AUMNA
Date of IncorporationNA
ITI Banking & PSU Debt Fund Regular IDCW is a Debt Mutual Fund Scheme launched by NA. This scheme was made available to investors on 24 Oct 2021. Geor
ITI Banking & PSU Debt Fund Regular IDCW is a Debt Mutual Fund Scheme launched by NA. This scheme was made available to investors on 24 Oct 2021. George Heber Joseph is the Current Fund Manager of ITI Banking & PSU Debt Fund Regular IDCW fund. The fund currently has an Asset Under Management(AUM) of NA Cr and the Latest NAV as of 22 Oct 2021 is ₹10.43.
The ITI Banking & PSU Debt Fund Regular IDCW 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 benchmarkCRISIL Banking and PSU Debt
descriptionScheme Information Document(SID)
Fund house contact details
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Address
NA
Phone
NA
Launch Date
NA
E-mail
NA
Website
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.com
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ITI Banking & PSU Debt Fund Regular IDCW
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	1M	3M	6M	All
Fund returns	-0.1%	0.9%	2.3%	4.3%
Category average	NA	NA	NA	NA
Rank with in category	NA	16	12	NA
Name	Sector	Instrument	Assets
Indian Oil Corporation Ltd.	Energy	CP	9.7%
REC Ltd.	Financial	Debenture	8.8%
Power Grid Corporation of India Ltd.	Energy	Bonds	8.5%
National Bank For Agriculture & Rural Development	Financial	Debenture	8.5%
Axis Bank Ltd.	Financial	CD	8.5%
Chennai Petroleum Corporation Ltd.	Energy	Debenture	8.4%
GOI	Sovereign	GOI Sec	6.8%
Indian Railway Finance Corporation Ltd.	Financial	Debenture	4.3%
GOI	Sovereign	GOI Sec	4.2%
GOI	Sovereign	GOI Sec	2.1%
Rating	NA
Fund size	₹23.55 Cr