Bandhan Banking & PSU Debt Fund Direct-Growth

Q: What are the returns of Bandhan Banking & PSU Debt Fund?

The Bandhan Banking & PSU Debt Fund is a 12 yrs 4 m old fund and has delivered average annual returns of 7.86% since inception. Bandhan Banking & PSU Debt Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 8.94% 7.62% 6.18% 7.55% 7.86%

NAV as of Jul 21, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹25.5344+0.05% 1 day change	7.86% p.a.	#NA View Ranked Funds	₹13,580 Cr

Historical NAV & returns

NAV: ₹25.5344 as on Jul 21, 2025

This fund Category average

Bandhan Banking & PSU Debt Fund overview

Expense ratio	0.33% as on May 31, 2025
Exit load	0% Exit load of 0.15% if redeemed within 7 days.!
AUM (Fund size)	₹13,580 Cr
Lock-in Period	Nil
Age	12 yrs 4 m since Feb 26, 2013
Benchmark	Nifty Banking & PSU Debt Index A-II
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Bandhan Banking & PSU Debt Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jul 22, 2025

Period	This fund	Category average
1 Month	0.54%	0.6%
3 Months	1.82%	1.78%
6 Months	4.87%	5.09%
1 Year	8.94%	9.28%
2 Years	8.0%	8.28%
3 Years	7.62%	7.85%
4 Years	6.45%	6.6%
5 Years	6.18%	6.24%
7 Years	7.87%	7.55%
10 Years	7.55%	7.59%

Asset allocationas on May 31, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 63.33%

SOV 24.75%

A1+ 7.89%

Cash & Call Money 3.72%

Top Debt Holdings

GOI 22.6%

National Bank For Agriculture & Rural Development 6.05%

Small Industries Devp. Bank of India Ltd. 5.95%

National Housing Bank 3.61%

Allocation by Instruments

Debenture 34.339999999999996%

Non Convertible Debenture 23.55%

GOI Securities 22.6%

Certificate of Deposit 4.679999999999999%

Other Holdings

Others 1.85%

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Bandhan Banking & PSU Debt Fund	N.A.	13,580 Cr	12 yrs 4 m	0.33%
ICICI Prudential Banking & PSU Debt Fund	N.A.	10,485 Cr	12 yrs 6 m	0.39%
Axis Banking & PSU Debt Fund	N.A.	13,313 Cr	12 yrs 6 m	0.35%
LIC MF Banking & PSU Fund	N.A.	1,702 Cr	12 yrs 6 m	0.28%
Aditya Birla Sun Life Banking & PSU Debt Fund	N.A.	8,826 Cr	12 yrs 6 m	0.39%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Bandhan Banking & PSU Debt Fund	0.54%	4.87%	8.94%	7.62%	6.18%	7.55%
ICICI Prudential Banking & PSU Debt Fund	0.65%	4.99%	9.1%	8.26%	6.77%	8.01%
Axis Banking & PSU Debt Fund	0.59%	5.03%	9.16%	7.52%	6.16%	7.6%
LIC MF Banking & PSU Fund	0.58%	5.4%	9.68%	7.86%	6.06%	7.42%
Aditya Birla Sun Life Banking & PSU Debt Fund	0.63%	5.14%	9.36%	7.92%	6.42%	8.0%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Bandhan Banking & PSU Debt Fund	0.87	2.09	1.17	2.48
ICICI Prudential Banking & PSU Debt Fund	0.8	1.2	2.05	4.1
Axis Banking & PSU Debt Fund	1.02	2.31	0.88	1.48
LIC MF Banking & PSU Fund	1.25	2.77	0.98	1.81
Aditya Birla Sun Life Banking & PSU Debt Fund	1.07	2.18	1.22	2.07

View all Banking And Psu funds

Key risk & return ratios Compared to other funds in the category

Alpha	4.92 vs. 4.32 Higher outperformance against benchmark
Sharpe	1.17 vs. 4.14 Poor risk-adjusted returns
Beta	2.09 vs. 1.98 More sensitive to market's ups & downs
Standard deviation	0.87 vs. 1.04 More stable returns

Compare Bandhan Banking & PSU Debt Fund in detail with

About this fund

About Bandhan Banking & PSU Debt Fund

Bandhan Banking & PSU Debt Fund Direct-Growth is a Banking and PSU mutual fund scheme from Bandhan Mutual Fund. This fund has been in existence for 12 yrs 4 m, having been launched on 26/02/2013. Bandhan Banking & PSU Debt Fund Direct-Growth has ₹13,580 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Bandhan Banking & PSU Debt Fund Direct-Growth as of 21/07/2025 is ₹25.53. The fund has an expense ratio of 0.33%, which is close to what most other Banking And Psu funds charge.

Bandhan Banking & PSU Debt Fund Direct-Growth returns of last 1-year are 8.93%. Since launch, it has delivered 7.87% average annual returns. The fund has doubled the money invested in it every 10 yrs.
Bandhan Banking & PSU Debt Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is above average.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in GOI, National Bank For Agriculture & Rural Development, Small Industries Devp. Bank of India Ltd., National Housing Bank, Export-Import Bank Of India.

...

Fund AUM	13,580 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Suyash Choudhary

Mr. Choudhary is a B.A (H) Economics from Delhi University and PGDM from IIM Calcutta. Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) he has worked with HSBC Asset Management (India) Pvt. Ltd., Standard Chartered Asset Management Co. Pvt. Ltd. and Deutsche Bank.

Gautam Kaul

Mr. Kaul is a B.Com (H) and MBA (Finance). Prior to joining Bandhan Mutual Fund(formerly IDFC Mutual Fund), he has worked with Edelweiss AMC, Invesco Mutual Fund, Sahara India Asset Management Company Pvt. Ltd, IDBI AMC. and Mata Securities (India) Pvt. Ltd.

Investment objective

To achieve optimal returns by investing in money market and debt instruments issued by scheduled commercial banks.

Bandhan Mutual Fund details

No. of schemes	66 view all schemes
Total AUM	1,77,378 Cr as on Jun 30, 2025
Address	One World Centre, 6th Floor, Tower 1C, Senapati Bapat Marg, Prabhadevi Mumbai, 400013

More funds from Bandhan Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
Bandhan Government Securities Fund Constant Maturity Plan	N.A.	372 Cr	10.89%	9.25%
Bandhan GSF Investment Fund	N.A.	3,432 Cr	7.59%	8.47%
Bandhan Dynamic Bond Fund	N.A.	2,939 Cr	7.35%	8.24%
Bandhan CRISIL IBX Gilt April 2028 Index Fund	N.A.	4,682 Cr	9.25%	8.17%
Bandhan CRISIL IBX 90:10 SDL Plus Gilt- April 2032 Index Fund	N.A.	544 Cr	10.55%	N.A.
Bandhan Bond Fund Short Term Plan	N.A.	10,116 Cr	9.73%	8.06%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Bandhan Banking & PSU Debt Fund?

The current Net Asset Value (NAV) of the Bandhan Banking & PSU Debt Fund - Direct Growth plan is approximately ₹25.5344 as of Jul 21, 2025.

What are the returns of this mutual fund scheme?

The Bandhan Banking & PSU Debt Fund is a 12 yrs 4 m old fund and has delivered average annual returns of 7.86% since inception.

Bandhan Banking & PSU Debt Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
8.94%	7.62%	6.18%	7.55%	7.86%

How much does this mutual fund charge as expense ratio?

The Bandhan Banking & PSU Debt Fund - Direct Growth has an expense ratio of 0.33%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Bandhan Banking & PSU Debt Fund currently has assets under management (AUM) or fund size valued at approximately 13,580 Cr as on May 31, 2025.

To whom does Bandhan Banking & PSU Debt Fund lend to?

The top 3 debt holdings of Bandhan Banking & PSU Debt Fund are as follows

Holding Name	Percentage of Portfolio
GOI	22.6%
National Bank For Agriculture & Rural Development	6.05%
Small Industries Devp. Bank of India Ltd.	5.95%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Bandhan Banking & PSU Debt Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	63.33%
SOV	24.75%
A1+	7.89%

What is risk level of Bandhan Banking & PSU Debt Fund?

This is a Banking And Psu fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

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

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Bandhan Banking & PSU Debt Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Bandhan Banking & PSU Debt Fund is complete.

How can I redeem my investments in Bandhan Banking & PSU Debt Fund?

Redeeming your investments in Bandhan Banking & PSU Debt Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Bandhan Banking & PSU Debt Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Banking and PSU

#NA

Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return Outperformance: This fund has generated highest return amongst Banking and PSU funds in the last 10 Years.
Chance: This fund has generated a 7.56% annual return in 70% of times for investors holding for at least 5 years.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.