HDFC Banking & PSU Debt Fund Direct Growth

HDFC Banking & PSU Debt Fund Direct Growth

Debt

HDFC Mutual Fund

Banking & Psu

Get the latest NAV of HDFC Banking & PSU Debt Fund Direct 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.

₹24.15

▼-0.1%1D

NAV as on 12 Aug 2025

8.05%/per year

Since Inception

Absolute Gain%

▲▼

527 people have invested ₹ 73.3L in HDFC Banking & PSU Debt Fund Direct Growth in the last three months

HDFC Banking & PSU Debt Fund Performance vs. Banking and PSU Index

Fund returns vs Benchmark returns vs Category Average returns as on (12-Aug-25)

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.14%
1.76%
4.63%
8.68%
7.81%
6.47%
Banking & Psu Avg
0.15%
1.65%
4.43%
8.23%
7.25%
5.87%
Best in Banking & Psu
0.4%
2.19%
4.96%
9.17%
8.12%
7.24%
Worst in Banking & Psu
0.12%
1.37%
4.07%
7.98%
7.34%
5.67%
Category Rank
4/12
3/12
5/12
4/12
6/11
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HDFC Banking & PSU Debt Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

2
/12
86% Performance
67% Risk Management
6% Cost

Ranked 2 out of 12 mutual funds in the banking & psu category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
HDFC Banking & PSU Debt Fund
2/12
5,935Cr
0.39%
8.68%
7.81%
0.08
1.19
1.10
2.56
0.50
Kotak Banking and PSU Debt Fund Direct Growth
1/12
5,983Cr
0.4%
8.66%
7.91%
0.20
1.18
1.18
2.87
0.65
ICICI Prudential Banking and PSU Debt Fund Direct Growth
3/12
10,354Cr
0.39%
8.51%
8.07%
0.69
0.79
1.73
5.53
0.95
Nippon India Banking & PSU Fund Direct Growth
4/12
5,715Cr
0.38%
8.78%
7.8%
-0.10
1.41
0.98
2.14
0.48
See all

HDFC Banking & PSU Debt Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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HDFC Banking & PSU Debt Fund Asset Allocation

See fund asset allocation details as on (14-Jul-25)

Fund Distribution

as on (14-Jul-25)

Debt & Cash 99.7%

AAA
100%
Cash allocation has gone up from 3.2% to 3.3%
Cash allocation has gone up from 3.2% to 3.3%
Debt allocation has gone down from 96.5% to 96.4%
Debt allocation has gone down from 96.5% to 96.4%

HDFC Banking & PSU Debt Fund Sector Allocation

See fund sector allocation details as on (14-Jul-25)

Sector Allocation

Debt & Cash 99.7%

Corporate
52.3%
Government
44%
Cash Equivalent
3.7%

Top 2 Sectors in June were Corporate, Government

Jun'25

Corporate

53%

Government

44%

May'25

Corporate

53%

Government

44%

HDFC Banking & PSU Debt Fund Direct Growth Overview

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

Expense ratio0.39%
Benchmark
NIFTY Banking & PSU Debt TR INR
AUM₹5935 Cr
Inception Date26 March, 2014
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
37.72%
Risk
Risk meter
pointer
Moderate Risk

About HDFC Banking & PSU Debt Fund

HDFC Banking & PSU Debt Fund Direct Growth is a debt fund. This fund was started on 26 March, 2014. The fund is managed by Dhruv Muchhal, Anil Bamboli. This fund is suitable to keep your money safe.

Key Parameters

  1. HDFC Banking & PSU Debt Fund Direct Growth has ₹5935 Cr worth of assets under management (AUM) as on Jul 2025 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

HDFC Banking & PSU Debt Fund Direct Growth has given a CAGR return of 8.05% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.68%, 7.81% and 6.47% respectively.

Holdings

HDFC Banking & PSU Debt Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are Indian Railway Finance Corporation Limited, Small Industries Development Bank Of India, Indian Railway Finance Corporation Limited, 7.18% Govt Stock 2033, Rec 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 HDFC Banking & PSU Debt Fund Direct Growth

To generate income / capital appreciation through investments in debt and money market instruments consisting predominantly of securities issued by entities such as Scheduled Commercial Banks (SCBs), Public Sector undertakings (PSUs), Public Financial Institutions (PFIs), Municipal Corporations and such other bodies. There is no assurance that the investment objective of the Scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC Banking & PSU Debt Fund Direct Growth has no lock in period.

Fund Manager

Dhruv Muchhal

Fund Manager of HDFC Banking & PSU Debt Fund Direct Growth, since 22 June 2023

Anil Bamboli

Fund Manager of HDFC Banking & PSU Debt Fund Direct Growth, since 26 March 2014

Learn more about HDFC Mutual Fund
Parameters
Jun'25
May'25
Apr'25
AUM
₹ 6.1K Cr
₹ 6.1K Cr
₹ 6K Cr
  • AUM of the fund stands at 6.1K Cr as of Jun'25
  • AUM increased by 16.3 Cr between Jun'25 and May'25

Frequently Asked Questions for HDFC Banking & PSU Debt Fund Direct Growth

How do I invest in HDFC Banking & PSU Debt Fund?

INDmoney makes it simple to invest in the HDFC Banking & PSU Debt Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘HDFC Banking & 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 HDFC Banking & PSU Debt Fund?

The NAV of the fund today is ₹24.15. 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?

HDFC Banking & PSU Debt Fund fund has generated a return of 8.68% in 1 year, 7.81% in 3 years, 6.47% in 5 years.

Who is the fund manager of HDFC Banking & PSU Debt Fund?

The fund managers are Dhruv Muchhal, Anil Bamboli.

What is the expense ratio of the fund?

The expense ratio is 0.39%. 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 ₹5935 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of HDFC Banking & PSU Debt Fund?

The top 3 holdings of the fund are Indian Railway Finance Corporation Limited(4.76%), Small Industries Development Bank Of India(3.81%), Indian Railway Finance Corporation Limited(3.47%)