Good evening :)

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: 77,498 Cr

Best performing Banking & PSU Mutual Funds

NameAUM (Cr)Exp Ratio (%)1Y Return3Y CAGR5Y CAGR
UTI Banking & PSU Fund1,098.920.207.44%7.63%7.49%
ICICI Pru Banking & PSU Debt Fund9,583.500.397.21%7.74%6.82%
Edelweiss Banking and PSU Debt Fund516.730.396.92%7.57%6.73%
Kotak Banking and PSU Debt Fund5,408.680.407.50%7.78%6.70%
ITI Banking & PSU Debt Fund37.580.156.83%7.36%6.55%
Franklin India Banking & PSU Debt Fund479.380.197.95%7.79%6.50%
Aditya Birla SL Banking & PSU Debt Fund8,991.850.396.94%7.53%6.48%
HDFC Banking and PSU Debt Fund5,598.580.397.13%7.63%6.46%
Nippon India Banking and PSU Fund5,293.590.386.91%7.54%6.45%
Bandhan Banking and PSU Fund12,536.080.366.76%7.35%6.21%

To view more Banking & PSU Mutual Funds

Visit ScreenerScreener

Overview of Banking & PSU Mutual Funds

UTI Banking & PSU Fund
  • AUM
    ₹ 1,098.92 Cr.
  • Expense Ratio
    0.2%
  • 5Y CAGR
    7.49%
Performance
The fund's annualised performance has been 7.2% since inception.
Risk
The fund has been categorised as Moderately Low by SEBI and has a standard deviation of 0.9% vs its category average of 1.4%.
Composition
Corporate Debt makes up for the majority of the fund at 56.79% along with the largest allocation towards Public Banks at 38.79%.
ICICI Pru Banking & PSU Debt Fund
  • AUM
    ₹ 9,583.50 Cr.
  • Expense Ratio
    0.39%
  • 5Y CAGR
    6.82%
Performance
The fund's annualised performance has been 8.1% since inception.
Risk
The fund has been categorised as Moderate by SEBI and has a standard deviation of 1.07% vs its category average of 1.4%.
Composition
Corporate Debt makes up for the majority of the fund at 66.28% along with the largest allocation towards Public Banks at 27.6%.
Edelweiss Banking and PSU Debt Fund
  • AUM
    ₹ 516.73 Cr.
  • Expense Ratio
    0.39%
  • 5Y CAGR
    6.73%
Performance
The fund's annualised performance has been 8.06% since inception.
Risk
The fund has been categorised as Moderate by SEBI and has a standard deviation of 1.52% vs its category average of 1.4%.
Composition
Corporate Debt makes up for the majority of the fund at 79.68% along with the largest allocation towards Public Banks at 24.44%.
Kotak Banking and PSU Debt Fund
  • AUM
    ₹ 5,408.68 Cr.
  • Expense Ratio
    0.4%
  • 5Y CAGR
    6.7%
Performance
The fund's annualised performance has been 8.1% since inception.
Risk
The fund has been categorised as Moderate by SEBI and has a standard deviation of 1.26% vs its category average of 1.4%.
Composition
Corporate Debt makes up for the majority of the fund at 77.36% along with the largest allocation towards Public Banks at 36.25%.
ITI Banking & PSU Debt Fund
  • AUM
    ₹ 37.58 Cr.
  • Expense Ratio
    0.15%
  • 5Y CAGR
    6.55%
Performance
The fund's annualised performance has been 6.24% since inception.
Risk
The fund has been categorised as Moderately Low by SEBI and has a standard deviation of 0.92% vs its category average of 1.4%.
Composition
Corporate Debt makes up for the majority of the fund at 61.71% along with the largest allocation towards Public Banks at 33.44%.
Franklin India Banking & PSU Debt Fund
  • AUM
    ₹ 479.38 Cr.
  • Expense Ratio
    0.19%
  • 5Y CAGR
    6.5%
Performance
The fund's annualised performance has been 7.83% since inception.
Risk
The fund has been categorised as Moderate by SEBI and has a standard deviation of 1.26% vs its category average of 1.4%.
Composition
Corporate Debt makes up for the majority of the fund at 55.52% along with the largest allocation towards Public Banks at 26.74%.
Aditya Birla SL Banking & PSU Debt Fund
  • AUM
    ₹ 8,991.85 Cr.
  • Expense Ratio
    0.39%
  • 5Y CAGR
    6.48%
Performance
The fund's annualised performance has been 8.3% since inception.
Risk
The fund has been categorised as Moderate by SEBI and has a standard deviation of 1.24% vs its category average of 1.4%.
Composition
Corporate Debt makes up for the majority of the fund at 60.37% along with the largest allocation towards Public Banks at 38.06%.
HDFC Banking and PSU Debt Fund
  • AUM
    ₹ 5,598.58 Cr.
  • Expense Ratio
    0.39%
  • 5Y CAGR
    6.46%
Performance
The fund's annualised performance has been 7.89% since inception.
Risk
The fund has been categorised as Moderate by SEBI and has a standard deviation of 1.25% vs its category average of 1.4%.
Composition
Corporate Debt makes up for the majority of the fund at 78.64% along with the largest allocation towards Public Banks at 27.7%.
Nippon India Banking and PSU Fund
  • AUM
    ₹ 5,293.59 Cr.
  • Expense Ratio
    0.38%
  • 5Y CAGR
    6.45%
Performance
The fund's annualised performance has been 7.66% since inception.
Risk
The fund has been categorised as Moderate by SEBI and has a standard deviation of 1.34% vs its category average of 1.4%.
Composition
Corporate Debt makes up for the majority of the fund at 69.82% along with the largest allocation towards Public Banks at 33.92%.
Bandhan Banking and PSU Fund
  • AUM
    ₹ 12,536.08 Cr.
  • Expense Ratio
    0.36%
  • 5Y CAGR
    6.21%
Performance
The fund's annualised performance has been 7.69% since inception.
Risk
The fund has been categorised as Moderately Low by SEBI and has a standard deviation of 0.93% vs its category average of 1.4%.
Composition
Corporate Debt makes up for the majority of the fund at 67.76% along with the largest allocation towards Public Banks at 29.18%.
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.