{"id":250190,"date":"2026-09-16T16:37:56","date_gmt":"2026-09-16T11:07:56","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/iti-banking-and-psu-debt-fund-direct-growth-review-2026\/"},"modified":"2026-09-16T16:37:56","modified_gmt":"2026-09-16T11:07:56","slug":"iti-banking-and-psu-debt-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/iti-banking-and-psu-debt-fund-direct-growth-review-2026\/","title":{"rendered":"ITI Banking &#038; PSU Debt Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/iti-banking-psu-debt-fund-g-direct-plan\">ITI Banking &amp; PSU Debt Fund Direct Growth Plan<\/a> currently has a NAV of \u20b914.224 as of 15 Sep 2026 and a scheme AUM of \u20b933 Cr. Its 1-year, 3-year and 5-year returns are 5.09%, 7.03% and 6.32%, and the fund sits in the Balanced Risk category. Our view is that it suits investors who want debt exposure with a measured return profile rather than a very low-volatility alternative.<\/p>\n<p>The fund has delivered steady medium-term compounding, while the recent 1-year outcome is more moderate. That mix, along with a portfolio tilted toward sovereign, PSU and high-quality financial exposure, suggests a conservative-to-balanced debt strategy rather than a pure cash-like holding.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/iti-banking-and-psu-debt-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/iti-banking-and-psu-debt-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/iti-banking-and-psu-debt-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_ITI_Banking_PSU_Debt\" title=\"Should you BUY or HOLD ITI Banking &#038; PSU Debt?\">Should you BUY or HOLD ITI Banking &#038; PSU Debt?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/iti-banking-and-psu-debt-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/iti-banking-and-psu-debt-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/iti-banking-and-psu-debt-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/iti-banking-and-psu-debt-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/iti-banking-and-psu-debt-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/iti-banking-and-psu-debt-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/iti-banking-and-psu-debt-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/iti-banking-and-psu-debt-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b914.224 as of 15 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b933 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.15%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>22 Oct 2020<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9500<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>Balanced Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Debt<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>No exit load<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Laukik Bagwe<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Laukik Bagwe.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>0.09%<\/td>\n<td>-4.81%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>1.28%<\/td>\n<td>-3.63%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>5.09%<\/td>\n<td>-8.27%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>7.03%<\/td>\n<td>5.59%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>6.32%<\/td>\n<td>5.58%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The recent pattern is constructive. The fund\u2019s 1-month and 3-month returns stayed positive, even while the benchmark was negative over the same periods. That tells us the scheme has held up better than the benchmark in the short run, which is useful for investors looking for smoother debt-led participation.<\/p>\n<p>Over 1 year, the fund also stayed ahead of the benchmark by a wide margin, with 5.09% versus -8.27%. That gap is meaningful, but it also reflects that the benchmark has been weak rather than simply the fund being exceptionally strong. In other words, the fund has shown relative resilience, not just absolute return.<\/p>\n<p>The 3-year and 5-year numbers tell a more balanced story. At 7.03% over 3 years and 6.32% over 5 years, the fund has compounded steadily, and both periods are ahead of the benchmark\u2019s 5.59% and 5.58%. The longer-term track record suggests the scheme has been able to preserve a stable upward trend through different market phases, which is important for a debt fund that is not meant to rely on sharp bursts of performance.<\/p>\n<p>The time pattern also points to modest fluctuations rather than dramatic swings. For investors, that means the fund appears more focused on consistency than on stretching for aggressive upside. The return profile is therefore better read as dependable medium-term compounding than as a source of high short-term excitement.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_ITI_Banking_PSU_Debt\"><\/span>Should you BUY or HOLD ITI Banking &#038; PSU Debt?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding ITI Banking &#038; PSU Debt? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/iti-banking-psu-debt-fund-g-direct-plan\">ITI Banking &amp; PSU Debt Fund Direct Growth Plan<\/a><\/td>\n<td>5.09%<\/td>\n<td>7.03%<\/td>\n<td>6.32%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/trustmf-banking-and-psu-fund-g-direct-plan\">TRUSTMF Banking &amp; PSU Fund Direct Growth Plan<\/a><\/td>\n<td>7.26%<\/td>\n<td>7.52%<\/td>\n<td>6.17%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/franklin-india-banking-and-psu-debt-fund-g-direct-plan\">Franklin India Banking &amp; PSU Debt Fund Direct Growth Plan<\/a><\/td>\n<td>6.51%<\/td>\n<td>7.51%<\/td>\n<td>6.4%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/uti-banking-and-psu-debt-fund-g-direct-plan\">UTI Banking &amp; PSU Debt Fund Direct Growth Plan<\/a><\/td>\n<td>6.2%<\/td>\n<td>7.42%<\/td>\n<td>7.71%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/bandhan-banking-and-psu-debt-fund-g-direct-plan\">Bandhan Banking and PSU Debt Fund Direct Growth Plan<\/a><\/td>\n<td>5.79%<\/td>\n<td>7.14%<\/td>\n<td>6.22%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-banking-and-psu-debt-fund-g-direct-plan\">ICICI Pru Banking and PSU Debt Fund Direct Growth Plan<\/a><\/td>\n<td>5.66%<\/td>\n<td>7.2%<\/td>\n<td>6.63%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>On 1-year performance, the fund trails the stronger peer outcomes but still stays in the same broad return range as the peer set. Over 3 years, it is close to the better peer figures and ahead of some peers with lower 3-year returns. The 5-year picture is mixed: it is ahead of several peers, but UTI Banking &amp; PSU Debt Fund Direct Growth Plan shows a stronger longer-term figure. The short-term and longer-term comparisons therefore do not tell the same story, which is useful for framing this fund as steady rather than dominant.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>6.94% Government of India (11\/05\/2036)<\/td>\n<td>Government Securities<\/td>\n<td>17.8%<\/td>\n<\/tr>\n<tr>\n<td>8.14% Nuclear Power Corporation of India Limited (25\/03\/2028)<\/td>\n<td>Corporate Debt<\/td>\n<td>9.01%<\/td>\n<\/tr>\n<tr>\n<td>7.59% National Housing Bank (08\/09\/2027)<\/td>\n<td>Corporate Debt<\/td>\n<td>8.92%<\/td>\n<\/tr>\n<tr>\n<td>7.71% REC Limited (26\/02\/2027)<\/td>\n<td>Corporate Debt<\/td>\n<td>8.92%<\/td>\n<\/tr>\n<tr>\n<td>7.33% Indian Railway Finance Corporation Limited (27\/08\/2027)<\/td>\n<td>Corporate Debt<\/td>\n<td>8.9%<\/td>\n<\/tr>\n<tr>\n<td>HDFC Bank Limited (22\/01\/2027)<\/td>\n<td>Certificate of Deposit<\/td>\n<td>8.67%<\/td>\n<\/tr>\n<tr>\n<td>7.79% Small Industries Dev Bank of India (19\/04\/2027)<\/td>\n<td>Corporate Debt<\/td>\n<td>7.44%<\/td>\n<\/tr>\n<tr>\n<td>7.23% Power Finance Corporation Limited (05\/01\/2027)<\/td>\n<td>Corporate Debt<\/td>\n<td>7.42%<\/td>\n<\/tr>\n<tr>\n<td>Net Receivables \/ (Payables)<\/td>\n<td>Cash &amp; Cash Equivalents and Net Assets<\/td>\n<td>6.13%<\/td>\n<\/tr>\n<tr>\n<td>7.53% National Bank for Agriculture and Rural Development (24\/03\/2028)<\/td>\n<td>Corporate Debt<\/td>\n<td>5.92%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding is the 6.94% Government of India security due 11 May 2036 at 17.8%, which is sizable enough to be a meaningful driver of portfolio behaviour. After that, the weights step down fairly gradually rather than collapsing into a single dominant position, with the next several holdings clustered in the 8% to 9% range.<\/p>\n<p>By the tenth disclosed holding, the weight is 5.92%, so the portfolio still shows a fairly broad spread across individual positions. That shape suggests the fund may not depend on only one or two exposures for its return outcome. Instead, several government, PSU and banking-related holdings could collectively influence performance.<\/p>\n<p>The top 10 holdings account for approximately 89.13% of the portfolio, and the fund discloses 15 holdings in total. That tells us the visible portfolio is concentrated in a relatively small set of positions, even though there is still a longer tail beyond the top 10. For debt investors, that level of concentration may be acceptable when the holdings are mainly in high-quality issuers, but it also means a handful of positions are likely to have greater influence on results.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/iti-banking-psu-debt-fund-g-direct-plan\">ITI Banking &amp; PSU Debt Fund Direct Growth Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund is better suited to investors who are comfortable with moderate risk inside a debt allocation and who can stay invested for a medium-to-long horizon. The Balanced Risk label fits a scheme that has shown steadier compounding over 3 years and 5 years, while also staying ahead of the benchmark across the review periods.<\/p>\n<p>The main trade-off is that the portfolio is not positioned like a very short-duration, ultra-conservative option. Its mix of government securities, PSU names and a banking certificate of deposit can support stability, but the return profile still depends on rate conditions and credit-quality selection. Investors who want low-volatility debt exposure may like the discipline, while those wanting very high return potential may find the outcome more measured.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Exit load:<\/strong> No exit load.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>What is the current NAV of ITI Banking &amp; PSU Debt Fund Direct Growth Plan?<\/strong><br \/>The current NAV is \u20b914.224 as of 15 Sep 2026.<\/p>\n<p><strong>What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/strong><br \/>The fund\u2019s returns are 5.09% over 1 year, 7.03% over 3 years and 6.32% over 5 years.<\/p>\n<p><strong>How has the fund performed against its benchmark?<\/strong><br \/>It has stayed ahead of the benchmark across all the listed periods. The 1-year, 3-year and 5-year figures are all higher than the benchmark\u2019s corresponding returns.<\/p>\n<p><strong>How does it compare with peers on available return data?<\/strong><br \/>Its 1-year return trails some peers, but its 3-year and 5-year numbers remain close to the stronger peer outcomes in the group. The longer-term picture is therefore more competitive than the short-term one.<\/p>\n<p><strong>What is the minimum SIP amount?<\/strong><br \/>The minimum SIP amount is \u20b9500.<\/p>\n<p><strong>Who manages the fund and what is the exit load?<\/strong><br \/>Laukik Bagwe manages the fund. The exit load is no exit load.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>ITI Banking &amp; PSU Debt Fund Direct Growth Plan looks steadier over the medium term than its recent 1-year figure alone might suggest. It has stayed ahead of the benchmark across the key periods, while peer comparisons show a mixed picture that is stronger in the longer horizon than in the shortest one. The portfolio is concentrated in a relatively small set of high-quality debt and cash-like holdings, which supports a disciplined debt profile. Our view is that it suits investors seeking balanced debt exposure with patience for medium-term compounding.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 16 September 2026 at 4:36 PM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"ITI Banking & PSU Debt Fund Direct Growth Plan\",\"identifier\":\"iti-banking-psu-debt-fund-g-direct-plan\",\"category\":\"Debt\",\"dateCreated\":\"22 Oct 2020\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":14.224,\"valueReference\":\"as of 15 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"33 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.15\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":5.09},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":7.03},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":6.32},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Laukik Bagwe\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of ITI Banking & PSU Debt Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b914.224 as of 15 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund\u2019s returns are 5.09% over 1 year, 7.03% over 3 years and 6.32% over 5 years.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund performed against its benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has stayed ahead of the benchmark across all the listed periods. The 1-year, 3-year and 5-year figures are all higher than the benchmark\u2019s corresponding returns.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with peers on available return data?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return trails some peers, but its 3-year and 5-year numbers remain close to the stronger peer outcomes in the group. The longer-term picture is therefore more competitive than the short-term one.\"}},{\"@type\":\"Question\",\"name\":\"What is the minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b9500.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund and what is the exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Laukik Bagwe manages the fund. The exit load is no exit load.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ITI Banking &#038; PSU Debt Fund Direct Growth Plan has a NAV of \u20b914.224 as of 15 Sep 2026, with 1-year, 3-year and 5-year returns of 5.09%, 7.03% and 6.32%.<\/p>\n","protected":false},"author":38,"featured_media":250189,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-250190","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["250189"],"rank_math_title":["ITI Banking &amp; PSU Debt Fund Direct Growth Review"],"rank_math_description":["ITI Banking &amp; PSU Debt Fund Direct Growth Plan review: NAV \u20b914.224, 1Y return 5.09%, and a steady 3Y\/5Y track record."],"rank_math_focus_keyword":["ITI Banking & PSU Debt Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/ITI_Banking_PSU_Debt_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/250190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=250190"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/250190\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/250189"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=250190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=250190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=250190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}