MonitorDirect · GrowthWatch before adding
ITI Banking & PSU Debt Fund
ITI Mutual FundDebt Scheme - Banking and PSU Fund6 years
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.
- NAV
- 14.2112
- 30 Oct 2026
- 1Y
- +4.0%
- Trailing CAGR
- AUM
- ₹33.92 Cr
- 30 Sept 2026
- Volatility
- Low
- 0.8% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Prefer peers if · Prefer Kotak Banking and PSU Debt Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
6.0 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.23% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -1.1%. Ask whether you can hold through a similar fall.
Vs category
Watch
48% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Laukik Bagwe · 1.7 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 86.2% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+4.0%
- 3Y+6.8%
- 5Y+6.3%
- 10Yn/a
- SI+6.0%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+3.7%
- 3Y+5.8%
- 5Y+6.3%
- 10Yn/a
- Since inception
- +6.0%
- Calendar-day CAGR
- Excess 1Y
- +0.1%
- Category median, same plan and option
- 3Y win rate
- +48%
- Windows beating the median
- 3Y percentile
- 33
- Vs comparable share classes
- SIP 3Y XIRR
- +5.8%
- Simulated monthly SIP
- Worst rolling 3Y
- +5.1%
- 729 daily-ending windows
- Median rolling 3Y
- +7.0%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 248 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -1.1%
- Worst peak-to-trough
- Current
- -0.3%
- Below last peak
- Current spell
- 37 days
- Days below latest peak
- Time below peak
- +37%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 4 days
- 154 recovered episodes
- Longest recovery
- 49 days
- Trough to prior peak
8 Jan 2021 – 30 Mar 2021
Trough 9 Feb 2021 · recovered in 49 days
-1.1%
22 Sept 2026 – open
Trough 23 Oct 2026 · not recovered
-0.4%
7 May 2026 – 5 Jun 2026
Trough 21 May 2026 · recovered in 15 days
-0.4%
5 Dec 2025 – 29 Dec 2025
Trough 10 Dec 2025 · recovered in 19 days
-0.3%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
33
Vs category
51
Consistency
42
Risk-adjusted
35
Drawdown
97
Mean
52
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
No status reasons yet. History is still thin.
Supporting reads
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 15 holdings · top 10 are 86.2%.
- Top 5
- 51.1%
- Top 10
- 86.2%
- Largest holding
- 15.7%
- Effective holdings
- 11.6
Repo/CBLO
Unspecified
15.7%
Nuclear Power Corpn. Of India Ltd. 8.14 25/03/2028
Energy & Utilities
8.9%
REC LIMITED SR 230-A 7.71 BD 26FB27 FVRS1LAC
Financial
8.8%
NATIONAL HOUSING BANK 7.59 BD 08SP27 FVRS1LAC
Financial
8.8%
Indian Railway Finance Corpn. Ltd. 7.33 27/08/2027
Financial
8.8%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Kotak Banking and PSU Debt Fund
Kotak Mahindra Mutual Fund
- 1Y
- +4.0%
- 3Y
- +7.0%
- Vol
- 1.5%
- Max DD
- -2.8%
- Sharpe
- 1.35
- 3Y win
- +82%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER
Aditya Birla Sun Life Banking & PSU Debt Fund - Retail Plan
Aditya Birla Sun Life Mutual Fund
- 1Y
- +4.5%
- 3Y
- +6.8%
- Vol
- n/a
- Max DD
- -3.1%
- Sharpe
- n/a
- 3Y win
- n/a
- Higher trailing returns
Caveat: Deeper drawdown
Franklin India Banking & PSU Debt Fund
Franklin Templeton Mutual Fund
- 1Y
- +5.4%
- 3Y
- +7.3%
- Vol
- 1.7%
- Max DD
- -3.6%
- Sharpe
- 1.07
- 3Y win
- +31%
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown