SBI Banking and PSU Fund-Growth

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

The SBI Banking and PSU Fund is a 15 yrs 11 m old fund and has delivered average annual returns of 7.45% since inception. SBI Banking and PSU Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 7.77% 7.08% 5.5% 6.98% 7.45%

NAV as of Sep 03, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹3141.3933+0.04% 1 day change	7.45% p.a.	App exclusive #NA View Ranked Funds	₹4,074 Cr

Historical NAV & returns

NAV: ₹3141.3933 as on Sep 03, 2025

This fund Category average

SBI Banking and PSU Fund overview

Expense ratio	0.79% as on Aug 31, 2025
Plan type	Regular
Exit load	0%
AUM (Fund size)	₹4,074 Cr
Lock-in Period	Nil
Age	15 yrs 11 m since Sep 30, 2009
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

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 Sep 04, 2025

Period	This fund	Category average
1 Month	-0.25%	-0.25%
3 Months	0.3%	0.39%
6 Months	4.39%	4.31%
1 Year	7.77%	7.71%
2 Years	7.52%	7.57%
3 Years	7.08%	7.07%
4 Years	5.73%	5.97%
5 Years	5.5%	5.77%
7 Years	6.84%	7.08%
10 Years	6.98%	7.11%

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 64.99%

SOV 20.63%

AA 6.84%

Cash & Call Money 3.41%

Top Debt Holdings

GOI 11.63%

REC Ltd. 5.33%

ONGC Petro Additions Ltd. 4.36%

Tamilnadu State 3.8%

Allocation by Instruments

Bifurcation by Instrument is not available for this fund

Other Holdings

Others 0.35%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
SBI Banking and PSU Fund	N.A.	4,074 Cr	15 yrs 11 m	0.79%
ICICI Prudential Banking & PSU Debt Fund	N.A.	10,485 Cr	15 yrs 8 m	0.73%
Axis Banking & PSU Debt Fund	N.A.	13,313 Cr	13 yrs 3 m	0.63%
Bandhan Banking and PSU Fund	N.A.	13,580 Cr	12 yrs 6 m	0.63%
LIC MF Banking & PSU Fund	N.A.	1,702 Cr	18 yrs 3 m	0.78%
Aditya Birla Sun Life Banking & PSU Debt Fund	N.A.	8,826 Cr	17 yrs 4 m	0.73%

Fund name	1M	6M	1Y	3Y	5Y	10Y
SBI Banking and PSU Fund	-0.25%	4.39%	7.77%	7.08%	5.5%	6.98%
ICICI Prudential Banking & PSU Debt Fund	-0.15%	4.2%	7.77%	7.45%	6.27%	7.49%
Axis Banking & PSU Debt Fund	-0.16%	4.35%	7.88%	6.99%	5.73%	7.23%
Bandhan Banking and PSU Fund	-0.12%	4.08%	7.58%	7.08%	5.74%	7.18%
LIC MF Banking & PSU Fund	-0.27%	4.6%	7.93%	7.03%	5.44%	6.71%
Aditya Birla Sun Life Banking & PSU Debt Fund	-0.39%	4.22%	7.69%	7.18%	5.95%	7.51%

Fund name	Std. deviation	Beta	Sharpe	Sortino
SBI Banking and PSU Fund	1.2	2.89	0.46	0.84
ICICI Prudential Banking & PSU Debt Fund	0.88	1.77	1.04	1.62
Axis Banking & PSU Debt Fund	1.06	2.6	0.45	0.72
Bandhan Banking and PSU Fund	0.94	2.39	0.58	1.0
LIC MF Banking & PSU Fund	1.33	3.19	0.38	0.65
Aditya Birla Sun Life Banking & PSU Debt Fund	1.17	2.69	0.57	0.87

View all Banking And Psu funds

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

Alpha	5.91 vs. 4.01 Higher outperformance against benchmark
Sharpe	0.46 vs. 4.09 Poor risk-adjusted returns
Beta	2.89 vs. 1.73 More sensitive to market's ups & downs
Standard deviation	1.2 vs. 1.14 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-Growth is a Banking and PSU mutual fund scheme from Sbi Mutual Fund. This fund has been in existence for 15 yrs 11 m, having been launched on 30/09/2009. SBI Banking and PSU Fund-Growth has ₹4,074 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 SBI Banking and PSU Fund-Growth as of 03/09/2025 is ₹3141.39. The fund has an expense ratio of 0.79%, which is higher than what most other Banking And Psu funds charge.

SBI Banking and PSU Fund-Growth returns of last 1-year are 7.82%. Since launch, it has delivered 7.46% average annual returns. The fund has doubled the money invested in it every 11 yrs.
SBI Banking and PSU Fund-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, REC Ltd., ONGC Petro Additions Ltd., Tamilnadu State, GAIL (India) Ltd..

...

Fund AUM	4,074 Cr as on May 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	71 view all schemes
Total AUM	11,45,315 Cr as on Jun 30, 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	1Y	3Y
SBI Credit Risk Fund	N.A.	2,245 Cr	8.14%	7.94%
SBI Magnum Constant Maturity Fund	N.A.	1,944 Cr	7.31%	7.54%
SBI Dynamic Bond Fund	N.A.	3,560 Cr	5.8%	7.39%
SBI Magnum Medium Duration Fund	N.A.	6,580 Cr	7.59%	7.38%
SBI Magnum Gilt Fund	N.A.	12,573 Cr	4.84%	7.33%

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 ₹3141.3933 as of Sep 03, 2025.

What are the returns of this mutual fund scheme?

The SBI Banking and PSU Fund is a 15 yrs 11 m old fund and has delivered average annual returns of 7.45% since inception.

SBI Banking and PSU Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
7.77%	7.08%	5.5%	6.98%	7.45%

How much does this mutual fund charge as expense ratio?

The SBI Banking and PSU Fund - Direct Growth has an expense ratio of 0.79%, 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 4,074 Cr as on May 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	11.63%
REC Ltd.	5.33%
ONGC Petro Additions Ltd.	4.36%

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	64.99%
SOV	20.63%
AA	6.84%

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?

SBI Banking and PSU Fund-Growth is the regular plan of the fund. For this plan of you pay 0.79% as annual charges. On the other hand if you go for the direct plan available on ET Money, you pay 0.39%. That's 0.4% less.

Regular plans charge more because when you buy them, the fund pays commission to the agent. This is an additional expense for the fund and to cover this expense, the fund takes a bigger share from the returns generated by your investments.

So, the lower annual cost of the direct plan means you will earn 0.4% if you opt for direct plan of SBI Banking and PSU Fund

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

App exclusive

in Banking and PSU

#NA

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.
Return/Risk: The fund is performing poorly than its category.