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: 22
💰 Total AUM: 81,948 Cr

Best performing Banking & PSU Mutual Funds

Name	AUM (Cr)	Exp Ratio (%)	1Y Return	3Y CAGR	5Y CAGR
UTI Banking & PSU Fund	810.30	0.33	8.38%	7.39%	7.35%
ICICI Pru Banking & PSU Debt Fund	10,353.87	0.39	8.18%	7.86%	6.88%
Kotak Banking and PSU Debt Fund	5,983.06	0.40	8.20%	7.77%	6.65%
Edelweiss Banking and PSU Debt Fund	264.95	0.39	8.20%	7.53%	6.63%
HDFC Banking and PSU Debt Fund	5,935.12	0.39	8.20%	7.66%	6.55%
Aditya Birla SL Banking & PSU Debt Fund	9,094.89	0.39	8.15%	7.59%	6.52%
Nippon India Banking and PSU Fund	5,684.38	0.38	8.19%	7.64%	6.51%
Franklin India Banking & PSU Debt Fund	538.59	0.17	8.23%	7.49%	6.35%
DSP Banking & PSU Debt Fund	4,760.18	0.33	7.72%	7.52%	6.23%
SBI Banking and PSU Fund	4,119.29	0.39	8.27%	7.58%	6.22%

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Overview of Banking & PSU Mutual Funds

UTI Banking & PSU Fund

AUM
₹ 810.30 Cr.
Expense Ratio
0.33%
5Y CAGR
7.35%

Performance

The fund's annualised performance has been 7.28% since inception.

Risk

The fund has been categorised as Moderately Low by SEBI and has a standard deviation of 0.91% vs its category average of 1.29%.

Composition

Corporate Debt makes up for the majority of the fund at 80.39% along with the largest allocation towards Public Banks at 32.15%.

ICICI Pru Banking & PSU Debt Fund

AUM
₹ 10,353.87 Cr.
Expense Ratio
0.39%
5Y CAGR
6.88%

Performance

The fund's annualised performance has been 8.2% since inception.

Risk

The fund has been categorised as Moderate by SEBI and has a standard deviation of 0.9% vs its category average of 1.29%.

Composition

Corporate Debt makes up for the majority of the fund at 81.83% along with the largest allocation towards Public Banks at 26.13%.

Kotak Banking and PSU Debt Fund

AUM
₹ 5,983.06 Cr.
Expense Ratio
0.4%
5Y CAGR
6.65%

Performance

The fund's annualised performance has been 8.19% since inception.

Risk

The fund has been categorised as Moderate by SEBI and has a standard deviation of 1.15% vs its category average of 1.29%.

Composition

Corporate Debt makes up for the majority of the fund at 77.48% along with the largest allocation towards Public Banks at 29.03%.

Edelweiss Banking and PSU Debt Fund

AUM
₹ 264.95 Cr.
Expense Ratio
0.39%
5Y CAGR
6.63%

Performance

The fund's annualised performance has been 8.21% since inception.

Risk

The fund has been categorised as Moderate by SEBI and has a standard deviation of 1.47% vs its category average of 1.29%.

Composition

Corporate Debt makes up for the majority of the fund at 78.93% along with the largest allocation towards Consumer Finance at 21.25%.

HDFC Banking and PSU Debt Fund

AUM
₹ 5,935.12 Cr.
Expense Ratio
0.39%
5Y CAGR
6.55%

Performance

The fund's annualised performance has been 8.01% since inception.

Risk

The fund has been categorised as Moderate by SEBI and has a standard deviation of 1.15% vs its category average of 1.29%.

Composition

Corporate Debt makes up for the majority of the fund at 83.65% along with the largest allocation towards Public Banks at 29.81%.

Aditya Birla SL Banking & PSU Debt Fund

AUM
₹ 9,094.89 Cr.
Expense Ratio
0.39%
5Y CAGR
6.52%

Performance

The fund's annualised performance has been 8.44% 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 1.29%.

Composition

Corporate Debt makes up for the majority of the fund at 82.83% along with the largest allocation towards Consumer Finance at 28.72%.

Nippon India Banking and PSU Fund

AUM
₹ 5,684.38 Cr.
Expense Ratio
0.38%
5Y CAGR
6.51%

Performance

The fund's annualised performance has been 7.81% 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 1.29%.

Composition

Corporate Debt makes up for the majority of the fund at 81.21% along with the largest allocation towards Public Banks at 31.99%.

Franklin India Banking & PSU Debt Fund

AUM
₹ 538.59 Cr.
Expense Ratio
0.17%
5Y CAGR
6.35%

Performance

The fund's annualised performance has been 7.88% since inception.

Risk

The fund has been categorised as Moderate by SEBI and has a standard deviation of 1.2% vs its category average of 1.29%.

Composition

Corporate Debt makes up for the majority of the fund at 82.19% along with the largest allocation towards Public Banks at 29.71%.

DSP Banking & PSU Debt Fund

AUM
₹ 4,760.18 Cr.
Expense Ratio
0.33%
5Y CAGR
6.23%

Performance

The fund's annualised performance has been 7.98% since inception.

Risk

The fund has been categorised as Moderate by SEBI and has a standard deviation of 1.43% vs its category average of 1.29%.

Composition

Corporate Debt makes up for the majority of the fund at 59.63% along with the largest allocation towards Public Banks at 26.79%.

SBI Banking and PSU Fund

AUM
₹ 4,119.29 Cr.
Expense Ratio
0.39%
5Y CAGR
6.22%

Performance

The fund's annualised performance has been 7.95% since inception.

Risk

The fund has been categorised as Moderate by SEBI and has a standard deviation of 1.16% vs its category average of 1.29%.

Composition

Corporate Debt makes up for the majority of the fund at 63.61% along with the largest allocation towards G-Sec at 23.36%.

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.