SBI Banking and PSU Fund Direct-Growth

Q: What are the returns of SBI Banking and PSU Fund?

The SBI Banking and PSU Fund is a 12 yrs 5 m old fund and has delivered average annual returns of 8.07% since inception. SBI Banking and PSU Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 10.27% 7.96% 6.51% 7.69% 8.07%

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹3327.1867-0.01% 1 day change	8.07% p.a.	#NA View Ranked Funds	₹3,719 Crs

Historical NAV & returns

NAV: ₹3327.1867 as on Jun 05, 2025

This fund Category average

SBI Banking and PSU Fund overview

Expense ratio	0.39% as on May 31, 2025
Exit load	0%
AUM (Fund size)	₹3,719 Crs
Lock-in	No Lockin
Age	12 yrs 5 m since Jan 01, 2013
Benchmark	Nifty Banking & PSU Debt Index A-II
Min. investment	SIP ₹500 & Lump. ₹5000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

SBI Banking and PSU 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 Jun 06, 2025

Period	This fund	Category average
1 Month	1.17%	1.12%
3 Months	4.06%	3.91%
6 Months	5.58%	5.41%
1 Year	10.27%	10.04%
2 Years	8.44%	8.38%
3 Years	7.96%	8.01%
4 Years	6.46%	6.59%
5 Years	6.51%	6.67%
7 Years	7.58%	7.67%
10 Years	7.69%	7.65%

Asset allocationas on Dec 31, 2024

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 64.6%

SOV 16.19%

AA 7.43%

A1+ 4.45%

Top Debt Holdings

GOI 16.19%

National Bank For Agriculture & Rural Development 7.13%

Power Grid Corporation Of India Ltd. 6.28%

National Bank For Financing Infrastructure And Development 4.9%

Allocation by Instruments

Debenture 42.06000000000001%

Non Convertible Debenture 17.84%

GOI Securities 16.189999999999998%

Bonds 12.319999999999999%

Other Holdings

Others 3.62%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
SBI Banking and PSU Fund	N.A.	₹3,719 Crs	12 yrs 5 m	0.39%
ICICI Prudential Banking & PSU Debt Fund	N.A.	₹10,447 Crs	12 yrs 5 m	0.39%
Axis Banking & PSU Debt Fund	N.A.	₹13,313 Crs	12 yrs 5 m	0.35%
LIC MF Banking & PSU Fund	N.A.	₹1,702 Crs	12 yrs 5 m	0.28%
Bandhan Banking & PSU Debt Fund	N.A.	₹13,369 Crs	12 yrs 3 m	0.33%
Aditya Birla Sun Life Banking & PSU Debt Fund	N.A.	₹8,826 Crs	12 yrs 5 m	0.39%

Fund name	1M	6M	1Y	3Y	5Y	10Y
SBI Banking and PSU Fund	1.17%	5.58%	10.27%	7.96%	6.51%	7.69%
ICICI Prudential Banking & PSU Debt Fund	0.97%	5.2%	9.62%	8.29%	7.13%	8.06%
Axis Banking & PSU Debt Fund	1.06%	5.29%	9.74%	7.57%	6.52%	7.65%
LIC MF Banking & PSU Fund	1.21%	5.73%	10.51%	7.96%	6.43%	7.45%
Bandhan Banking & PSU Debt Fund	0.96%	5.08%	9.46%	7.65%	6.58%	7.6%
Aditya Birla Sun Life Banking & PSU Debt Fund	1.2%	5.53%	10.25%	8.1%	6.95%	8.08%

Fund name	Std. deviation	Beta	Sharpe	Sortino
SBI Banking and PSU Fund	1.08	2.5	1.25	2.83
ICICI Prudential Banking & PSU Debt Fund	0.81	1.4	2.05	3.97
Axis Banking & PSU Debt Fund	0.99	2.27	1.01	1.76
LIC MF Banking & PSU Fund	1.2	2.74	1.15	2.37
Bandhan Banking & PSU Debt Fund	0.86	2.08	1.24	2.65
Aditya Birla Sun Life Banking & PSU Debt Fund	1.02	2.25	1.42	2.85

View all Banking And Psu funds

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

Alpha	6.11 vs. 4.47 Higher outperformance against benchmark
Sharpe	1.25 vs. 4.28 Poor risk-adjusted returns
Beta	2.5 vs. 2.17 More sensitive to market's ups & downs
Standard deviation	1.08 vs. 1.01 More volatile performance

Compare SBI Banking and PSU Fund in detail with

About this fund

About SBI Banking and PSU Fund

SBI Banking and PSU Fund Direct-Growth is a Banking and PSU mutual fund scheme from Sbi Mutual Fund. This fund has been in existence for 12 yrs 5 m, having been launched on 01/01/2013. SBI Banking and PSU Fund Direct-Growth has ₹3,719 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of SBI Banking and PSU Fund Direct-Growth as of 05/06/2025 is ₹3327.19. The fund has an expense ratio of 0.39%, which is close to what most other Banking And Psu funds charge.

SBI Banking and PSU Fund Direct-Growth returns of last 1-year are 10.38%. Since launch, it has delivered 8.07% average annual returns. The fund has doubled the money invested in it every 10 yrs.
SBI Banking and PSU 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 high indicating it has lent to borrowers whose quality is great. 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, Power Grid Corporation Of India Ltd., National Bank For Financing Infrastructure And Development, Power Finance Corporation Ltd..

...

Fund AUM	₹3,719 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Ardhendu Bhattacharya

Mr. Bhattacharya is a MBA (Marketing) and Bachelor of Engineering. Prior to joining SBI Mutual Fund, he has worked with ICICI Bank and Citibank.

Investment objective

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.

SBI Mutual Fund details

No. of schemes	67 view all schemes
Total AUM	₹10,76,364 Crs as on Mar 31, 2025
Address	9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai, 400051
Phone	022-61793000 / 1800-425-5425

More funds from SBI Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
SBI Magnum Constant Maturity Fund	N.A.	₹1,771 Crs	12.07%	9.75%
SBI Magnum Gilt Fund	N.A.	₹11,265 Crs	11.11%	9.54%
SBI Dynamic Bond Fund	N.A.	₹3,324 Crs	11.14%	9.48%
SBI CRISIL IBX Gilt Index - June 2036 Fund	N.A.	₹2,423 Crs	12.33%	N.A.
SBI Magnum Income Fund	N.A.	₹1,855 Crs	10.8%	9.1%
SBI Credit Risk Fund	N.A.	₹2,278 Crs	10.34%	8.88%

See all Debt funds from this AMC

Frequently asked questions

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

The current Net Asset Value (NAV) of the SBI Banking and PSU Fund - Direct Growth plan is approximately ₹3327.1867 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The SBI Banking and PSU Fund is a 12 yrs 5 m old fund and has delivered average annual returns of 8.07% since inception.

SBI Banking and PSU Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
10.27%	7.96%	6.51%	7.69%	8.07%

How much does this mutual fund charge as expense ratio?

The SBI Banking and PSU Fund - Direct Growth has an expense ratio of 0.39%, 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 SBI Banking and PSU Fund currently has assets under management (AUM) or fund size valued at approximately ₹3,719 Crs crore as of Mar 31, 2025.

To whom does SBI Banking and PSU Fund lend to?

The top 3 debt holdings of SBI Banking and PSU Fund are as follows

Holding Name	Percentage of Portfolio
GOI	16.19%
National Bank For Agriculture & Rural Development	7.13%
Power Grid Corporation Of India Ltd.	6.28%

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 SBI Banking and PSU Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	64.6%
SOV	16.19%
AA	7.43%

What is risk level of SBI Banking and PSU 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 SBI Banking and PSU 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 SBI Banking and PSU 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 SBI Banking and PSU Fund is complete.

How can I redeem my investments in SBI Banking and PSU Fund?

Redeeming your investments in SBI Banking and PSU 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 SBI Banking and PSU 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

Return Outperformance: This fund has generated highest return amongst Banking and PSU funds in the last 10 Years.
Exit Load: This fund has no exit load.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Chance: This fund has generated only 7.05% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: The fund is performing poorly than its category.