SBI Banking and PSU Fund Direct Growth

SBI Banking and PSU Fund Direct Growth

Debt

SBI Mutual Fund

Banking & Psu

Get the latest NAV of SBI Banking and PSU 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.

₹3340.31

▼-0.1%1D

NAV as on 12 Aug 2025

7.99%/per year

Since Inception

Absolute Gain%

▲▼

334 people have invested ₹ 79.5L in SBI Banking and PSU Fund Direct Growth in the last three months

SBI Banking and PSU 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
0.17%
1.76%
4.75%
8.81%
7.7%
6.05%
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
6/12
5/12
10/12
7/12
10/11
--

SBI Banking and PSU Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

6
/12
65% Performance
66% Risk Management
6% Cost

Ranked 6 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
SBI Banking and PSU Fund
6/12
4,119Cr
0.39%
8.81%
7.7%
-0.15
1.28
0.91
2.04
0.20
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
HDFC Banking & PSU Debt Fund Direct Growth
2/12
5,935Cr
0.39%
8.68%
7.81%
0.08
1.19
1.10
2.56
0.50
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
See all

SBI Banking and PSU 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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SBI Banking and PSU 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
90.9%
AA
9.1%
Cash allocation has gone up from 5.2% to 12.8%
Cash allocation has gone up from 5.2% to 12.8%
Debt allocation has gone down from 94.5% to 86.9%
Debt allocation has gone down from 94.5% to 86.9%

SBI Banking and PSU Fund Sector Allocation

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

Sector Allocation

Debt & Cash 99.7%

Government
47.7%
Corporate
45.3%
Cash Equivalent
7%

Top 2 Sectors in June were Government, Corporate

Jun'25

Corporate

54%

Government

43%

May'25

Government

51%

Corporate

45%

SBI Banking and PSU 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₹4119 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
257.25%
Risk
Risk meter
pointer
Moderate Risk

About SBI Banking and PSU Fund

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

Key Parameters

  1. SBI Banking and PSU Fund Direct Growth has ₹4119 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

SBI Banking and PSU Fund Direct Growth has given a CAGR return of 7.99% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.81%, 7.70% and 6.05% respectively.

Holdings

SBI Banking and PSU Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 6.79% Govt Stock 2034, 7.09% Govt Stock 2054, Power Grid Corporation Of India Limited, Nuclear Power Corporation Of India Limited, Ongc Petro Additions 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 Fund Direct Growth

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 Fund Direct Growth has no lock in period.

Fund Manager

Ardhendu Bhattacharya

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

Pradeep Kesavan

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

Learn more about SBI Mutual Fund
Parameters
Jun'25
May'25
Apr'25
AUM
₹ 4.1K Cr
₹ 4.1K Cr
₹ 4K Cr
  • AUM of the fund stands at 4.1K Cr as of Jun'25
  • AUM increased by 33.4 Cr between Jun'25 and May'25

Frequently Asked Questions for SBI Banking and PSU Fund Direct Growth

How do I invest in SBI Banking and PSU Fund?

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

The NAV of the fund today is ₹3340.31. 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 Fund fund has generated a return of 8.81% in 1 year, 7.70% in 3 years, 6.05% in 5 years.

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

The fund managers are Ardhendu Bhattacharya, Pradeep Kesavan.

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 ₹4119 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 Fund?

The top 3 holdings of the fund are 6.79% Govt Stock 2034(6.72%), 7.09% Govt Stock 2054(5.5%), Power Grid Corporation Of India Limited(5.15%)