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Banking & PSU Mutual Funds

Banking and PSU funds are the debt funds that lend money to banks and public sector companies only. The risk of default is less as the borrowers are of high quality. The performance also depends on the interest rates in the economy.

  • ⏱ Horizon: Medium
  • 🔢 Total funds: 20
  • 💰 Total AUM: 76,400 Cr

Best performing Banking & PSU Mutual Funds

NameAUM (Cr)Exp Ratio (%)1Y Return3Y CAGR5Y CAGR
UTI Banking & PSU Fund1,226.910.225.69%7.20%7.56%
ICICI Pru Banking & PSU Debt Fund8,943.23—5.54%7.50%6.78%
Kotak Banking and PSU Debt Fund5,008.730.405.42%7.51%6.59%
ITI Banking & PSU Debt Fund37.770.225.01%7.13%6.40%
HDFC Banking and PSU Debt Fund5,215.210.355.11%7.32%6.38%
Franklin India Banking & PSU Debt Fund583.15—5.98%7.42%6.36%
Nippon India Banking and PSU Fund5,152.740.384.95%7.25%6.34%
Aditya Birla SL Banking & PSU Debt Fund8,819.87—4.82%7.19%6.33%
LIC MF Banking & PSU Fund1,831.19—5.01%7.31%6.23%
Bandhan Banking and PSU Fund12,043.76—5.46%7.14%6.23%

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Overview of Banking & PSU Mutual Funds

UTI Banking & PSU Fund
  • AUM
    ₹ 1,226.91 Cr.
  • Expense Ratio
    0.22%
  • 5Y CAGR
    7.56%
Performance
The fund's annualised performance has been 7.19% since inception.
Risk
The fund has been categorised as Moderately Low by SEBI and has a standard deviation of 0.69% vs its category average of 1.19%.
Composition
Corporate Debt makes up for the majority of the fund at 47.15% along with the largest allocation towards Public Banks at 41.94%.
ICICI Pru Banking & PSU Debt Fund
  • AUM
    ₹ 8,943.23 Cr.
  • Expense Ratio
    0%
  • 5Y CAGR
    6.78%
Performance
The fund's annualised performance has been 8.07% since inception.
Risk
The fund has been categorised as Moderate by SEBI and has a standard deviation of 1.27% vs its category average of 1.19%.
Composition
Corporate Debt makes up for the majority of the fund at 70.22% along with the largest allocation towards Public Banks at 27.87%.
Kotak Banking and PSU Debt Fund
  • AUM
    ₹ 5,008.73 Cr.
  • Expense Ratio
    0.4%
  • 5Y CAGR
    6.59%
Performance
The fund's annualised performance has been 8.07% since inception.
Risk
The fund has been categorised as Moderate by SEBI and has a standard deviation of 1.3% vs its category average of 1.19%.
Composition
Corporate Debt makes up for the majority of the fund at 75.55% along with the largest allocation towards Public Banks at 35.5%.
ITI Banking & PSU Debt Fund
  • AUM
    ₹ 37.77 Cr.
  • Expense Ratio
    0.22%
  • 5Y CAGR
    6.4%
Performance
The fund's annualised performance has been 6.19% since inception.
Risk
The fund has been categorised as Moderately Low by SEBI and has a standard deviation of 0.8% vs its category average of 1.19%.
Composition
Corporate Debt makes up for the majority of the fund at 54.2% along with the largest allocation towards Public Banks at 30.63%.
HDFC Banking and PSU Debt Fund
  • AUM
    ₹ 5,215.21 Cr.
  • Expense Ratio
    0.35%
  • 5Y CAGR
    6.38%
Performance
The fund's annualised performance has been 7.86% since inception.
Risk
The fund has been categorised as Moderate by SEBI and has a standard deviation of 1.33% vs its category average of 1.19%.
Composition
Corporate Debt makes up for the majority of the fund at 81.87% along with the largest allocation towards Public Banks at 29.26%.
Franklin India Banking & PSU Debt Fund
  • AUM
    ₹ 583.15 Cr.
  • Expense Ratio
    0%
  • 5Y CAGR
    6.36%
Performance
The fund's annualised performance has been 7.78% since inception.
Risk
The fund has been categorised as Moderately Low by SEBI and has a standard deviation of 1.13% vs its category average of 1.19%.
Composition
Certificate of Deposit makes up for the majority of the fund at 42% along with the largest allocation towards Public Banks at 34.53%.
Nippon India Banking and PSU Fund
  • AUM
    ₹ 5,152.74 Cr.
  • Expense Ratio
    0.38%
  • 5Y CAGR
    6.34%
Performance
The fund's annualised performance has been 7.65% since inception.
Risk
The fund has been categorised as Moderate by SEBI and has a standard deviation of 1.4% vs its category average of 1.19%.
Composition
Corporate Debt makes up for the majority of the fund at 71.99% along with the largest allocation towards Public Banks at 32.71%.
Aditya Birla SL Banking & PSU Debt Fund
  • AUM
    ₹ 8,819.87 Cr.
  • Expense Ratio
    0%
  • 5Y CAGR
    6.33%
Performance
The fund's annualised performance has been 8.25% since inception.
Risk
The fund has been categorised as Moderate by SEBI and has a standard deviation of 1.22% vs its category average of 1.19%.
Composition
Corporate Debt makes up for the majority of the fund at 50.08% along with the largest allocation towards Public Banks at 40.68%.
LIC MF Banking & PSU Fund
  • AUM
    ₹ 1,831.19 Cr.
  • Expense Ratio
    0%
  • 5Y CAGR
    6.23%
Performance
The fund's annualised performance has been 7.38% since inception.
Risk
The fund has been categorised as Moderate by SEBI and has a standard deviation of 1.18% vs its category average of 1.19%.
Composition
Corporate Debt makes up for the majority of the fund at 59.15% along with the largest allocation towards Public Banks at 35.98%.
Bandhan Banking and PSU Fund
  • AUM
    ₹ 12,043.76 Cr.
  • Expense Ratio
    0%
  • 5Y CAGR
    6.23%
Performance
The fund's annualised performance has been 7.69% since inception.
Risk
The fund has been categorised as Moderate by SEBI and has a standard deviation of 1.12% vs its category average of 1.19%.
Composition
Corporate Debt makes up for the majority of the fund at 64.09% along with the largest allocation towards Public Banks at 32.99%.
This compilation has been made as and by way of an update from the publicly available sources of information.This compilation is provided for information purposes only and is not intended to be relied upon by any party as the basis of any decision.

While every effort has been made to take due care in publishing this compilation and to avoid errors or omissions, this compilation is published with a condition and understanding that the Anchorage Technologies Private Limited (ATPL) shall not be responsible for any damages, compensation or loss or action taken or abstained to be taken on the basis of this article/commentary to any person whomsoever.

Investing in Mutual Funds,Stocks/ETFs (Exchange Traded Funds) and securities are subject to market risk. Please read all the related documents carefully before investing. Investors should consider all risk factors and consult their financial advisor before investing. Representations are not indicative of future results.