SBI Banking and PSU Debt Fund Direct Plan Growth

SBI Banking and PSU Debt Fund Direct Plan Growth

Debt

SBI Mutual Fund

Banking & Psu

Get the latest NAV of SBI Banking and PSU Debt Fund Direct Plan Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹3531.53

NAV as on 25 Sep 2026

7.75%/per year

Since Inception

Absolute Gain%

▲▼

349 people have invested ₹ 59.8L in SBI Banking and PSU Debt Fund in the last three months

SBI Banking and PSU Debt Fund Performance vs. Banking and PSU Index

Fund returns vs Benchmark returns vs Category Average returns as on (25-Sep-26)

The fund has consistently outperformed the benchmark (Banking and PSU Index) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.16%
1.01%
3.27%
5.08%
7.12%
6.1%
Banking and PSU Index
0.05%
0.67%
2.7%
4.33%
5.91%
5.18%
Banking & Psu Avg
-0.05%
0.49%
2.72%
4.43%
6.58%
5.83%
Best in Banking & Psu
0.58%
1.75%
3.63%
7.26%
7.53%
7.74%
Worst in Banking & Psu
-0.06%
0.58%
2.43%
4.32%
6.55%
5.62%
Category Rank
11/14
12/13
7/12
5/12
8/12
--

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
SBI Banking and PSU Debt Fund
10/14
3,870Cr
0.28%
5.08%
7.12%
0.39
0.96
0.52
0.92
0.90
ICICI Prudential Banking and PSU Debt Fund
1/14
8,667Cr
0.4%
5.45%
7.17%
0.51
0.91
0.62
1.18
1.22
Franklin India Banking & PSU Debt Fund
2/14
567Cr
0.23%
6.23%
7.45%
0.84
0.62
1.03
2.05
0.99
Kotak Banking and PSU Debt Fund
3/14
4,937Cr
0.4%
5.41%
7.25%
0.52
1.06
0.58
1.12
1.36
See all

SBI Banking and PSU Debt Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

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Absolute Return
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SBI Banking and PSU Debt Fund Asset Allocation

See fund asset allocation details as on (14-Sep-26)

Fund Distribution

as on (14-Sep-26)

AAA
93.6%
AA
6.4%
Cash allocation has gone up from 13% to 31.6%
Cash allocation has gone up from 13% to 31.6%
Debt allocation has gone down from 86.6% to 68%
Debt allocation has gone down from 86.6% to 68%

SBI Banking and PSU Debt Fund Sector Allocation

See fund sector allocation details as on (14-Sep-26)

Sector Allocation

Corporate
58.4%
Cash Equivalent
23.1%
Government
18.4%

Top 2 Sectors in August were Corporate, Government

Aug'26

Corporate

59%

Government

28%

Jul'26

Corporate

66%

Government

29%

SBI Banking and PSU Debt Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.28%
Benchmark
NIFTY Banking & PSU Debt TR INR
AUM₹3870 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5,000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
346.79%
Risk
Risk meter
pointer
Moderate Risk

About SBI Banking and PSU Debt Fund

SBI Banking and PSU Debt Fund Direct Plan Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Ardhendu Bhattacharya. This fund is suitable to keep your money safe.

Key Parameters

  1. SBI Banking and PSU Debt Fund has ₹3870 Cr worth of assets under management (AUM) as on Sep 2026 and is more than category average.
  2. The fund has an expense ratio 0.3.

Returns

SBI Banking and PSU Debt Fund has given a CAGR return of 7.75% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.08%, 7.12% and 6.10% respectively.

Holdings

SBI Banking and PSU Debt Fund has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are Small Industries Development Bank Of India, Canara Bank, Power Grid Corporation Of India Limited, Ongc Petro Additions Limited, GAil (India) Limited

Taxation

As it is a banking & psu mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of SBI Banking and PSU Debt Fund

The scheme seeks to generate regular income through a judicious mix of portfolio comprising predominantly debt and money market securities of Banks, Public Sector Undertakings, Public Financial Institutions and Municipal bodies.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Banking and PSU Debt Fund has no lock in period.

Fund Manager

Ardhendu Bhattacharya

Fund Manager of SBI Banking and PSU Debt Fund, since 1 December 2023

Learn more about SBI Mutual Fund
Parameters
Aug'26
Jul'26
Jun'26
AUM
₹ 3.9K Cr
₹ 3.9K Cr
₹ 4K Cr
  • AUM of the fund stands at 3.9K Cr as of Aug'26
  • AUM decreased by 67.8 Cr between Aug'26 and Jul'26

Frequently Asked Questions for SBI Banking and PSU Debt Fund Direct Plan Growth

How do I invest in SBI Banking and PSU Debt Fund?

INDmoney makes it simple to invest in the SBI Banking and PSU Debt Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘SBI Banking and PSU Debt Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of SBI Banking and PSU Debt Fund?

The NAV of the fund today is ₹3531.53. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

SBI Banking and PSU Debt Fund fund has generated a return of 5.08% in 1 year, 7.12% in 3 years, 6.10% in 5 years.

Who is the fund manager of SBI Banking and PSU Debt Fund?

The fund managers are Ardhendu Bhattacharya.

What is the expense ratio of the fund?

The expense ratio is 0.28%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹3870 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of SBI Banking and PSU Debt Fund?

The top 3 holdings of the fund are Small Industries Development Bank Of India(5.38%), Canara Bank(5.37%), Power Grid Corporation Of India Limited(5.22%)