Sundaram Banking & PSU Fund Direct-Growth

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

The Sundaram Banking & PSU Fund is a 12 yrs 6 m old fund and has delivered average annual returns of 7.29% since inception. Sundaram Banking & PSU Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 9.26% 7.69% 5.78% 6.86% 7.29%

Previously called: Sundaram Banking & PSU Debt Direct-G

NAV as of Jul 21, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹44.023+0.04% 1 day change	7.29% p.a.	#NA View Ranked Funds	₹471 Cr

Historical NAV & returns

NAV: ₹44.023 as on Jul 21, 2025

This fund Category average

Sundaram Banking & PSU Fund overview

Expense ratio	0.27% as on May 31, 2025
Exit load	0% Exit load of 1% if redeemed within 90 days!
AUM (Fund size)	₹471 Cr
Lock-in Period	Nil
Age	12 yrs 6 m since Jan 09, 2013
Benchmark	Nifty Banking & PSU Debt Index A-II
Min. investment	SIP: ₹250 & Lumpsum: ₹5000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Sundaram Banking & 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 Jul 22, 2025

Period	This fund	Category average
1 Month	0.56%	0.6%
3 Months	1.69%	1.78%
6 Months	5.03%	5.09%
1 Year	9.26%	9.28%
2 Years	8.22%	8.28%
3 Years	7.69%	7.85%
4 Years	6.25%	6.6%
5 Years	5.78%	6.24%
7 Years	6.95%	7.55%
10 Years	6.86%	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 63.673174%

SOV 18.101766%

Cash & Call Money 9.778653%

A1+ 8.176203%

Top Debt Holdings

GOI 15.93%

Indian Oil Corporation Ltd. 6.51%

REC Ltd. 6.51%

Indian Bank 6.15%

Allocation by Instruments

Debenture 36.69393100000001%

GOI Securities 15.919311999999996%

Non Convertible Debenture 14.004949%

Bonds 12.974293999999999%

Other Holdings

Others 1.56%

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Sundaram Banking & PSU Fund	N.A.	471 Cr	12 yrs 6 m	0.27%
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%
Bandhan Banking & PSU Debt Fund	N.A.	13,580 Cr	12 yrs 4 m	0.33%
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
Sundaram Banking & PSU Fund	0.56%	5.03%	9.26%	7.69%	5.78%	6.86%
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%
Bandhan Banking & PSU Debt Fund	0.54%	4.87%	8.94%	7.62%	6.18%	7.55%
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
Sundaram Banking & PSU Fund	1.08	2.32	1.06	1.89
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
Bandhan Banking & PSU Debt Fund	0.87	2.09	1.17	2.48
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	5.49 vs. 4.32 Higher outperformance against benchmark
Sharpe	1.06 vs. 4.14 Poor risk-adjusted returns
Beta	2.32 vs. 1.98 More sensitive to market's ups & downs
Standard deviation	1.08 vs. 1.04 More volatile performance

Compare Sundaram Banking & PSU Fund in detail with

About this fund

About Sundaram Banking & PSU Fund

Sundaram Banking & PSU Fund Direct-Growth is a Banking and PSU mutual fund scheme from Sundaram Mutual Fund. This fund has been in existence for 12 yrs 6 m, having been launched on 09/01/2013. Sundaram Banking & PSU Fund Direct-Growth has ₹471 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 Sundaram Banking & PSU Fund Direct-Growth as of 21/07/2025 is ₹44.02. The fund has an expense ratio of 0.27%, which is close to what most other Banking And Psu funds charge.

Sundaram Banking & PSU Fund Direct-Growth returns of last 1-year are 9.26%. Since launch, it has delivered 7.30% average annual returns. The fund has doubled the money invested in it every 11 yrs.
Sundaram Banking & 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 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, Indian Oil Corporation Ltd., REC Ltd., Indian Bank, National Housing Bank.

...

Fund AUM	471 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Sandeep Agarwal

Mr. Agarwal is a B.Com (H) from University of Kota, Chartered Accountant and CS. Prior to joining Sundaram Mutual Fund he has worked with Deutsche AMC.

Dwijendra Srivastava

Mr. Srivastava is B.Tech , PGDM (Finance) and CFA. Prior to joining Sundaram Mutual Fund he has worked with PGIM India Mutual Fund, JM Financial AMC, Tata AMC Private Ltd., Tower Capital and Securities, Indo Swiss Financial and Gontermann Pipers.

Investment objective

The scheme seeks to generate income and capital appreciation by predominantly investing in debt instruments of Banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds.

Sundaram Mutual Fund details

No. of schemes	30 view all schemes
Total AUM	69,421 Cr as on Jun 30, 2025
Address	Sundaram Towers No. 46,,1st& 2nd Floor, Whites Road, Royapettah Chennai, 600014
Phone	1860-425-7237

More funds from Sundaram Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
Sundaram Short Duration Fund	N.A.	214 Cr	9.68%	8.12%
Sundaram Low Duration Fund	N.A.	398 Cr	8.59%	7.69%
Sundaram Corporate Bond Fund	N.A.	719 Cr	9.53%	7.64%
Sundaram Ultra Short Duration Fund	N.A.	2,551 Cr	7.91%	7.47%
Sundaram Money Market Fund	N.A.	1,356 Cr	8.13%	7.39%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Sundaram Banking & PSU Fund?

The current Net Asset Value (NAV) of the Sundaram Banking & PSU Fund - Direct Growth plan is approximately ₹44.023 as of Jul 21, 2025.

What are the returns of this mutual fund scheme?

The Sundaram Banking & PSU Fund is a 12 yrs 6 m old fund and has delivered average annual returns of 7.29% since inception.

Sundaram Banking & PSU Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
9.26%	7.69%	5.78%	6.86%	7.29%

How much does this mutual fund charge as expense ratio?

The Sundaram Banking & PSU Fund - Direct Growth has an expense ratio of 0.27%, 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 Sundaram Banking & PSU Fund currently has assets under management (AUM) or fund size valued at approximately 471 Cr as on May 31, 2025.

To whom does Sundaram Banking & PSU Fund lend to?

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

Holding Name	Percentage of Portfolio
GOI	15.93%
Indian Oil Corporation Ltd.	6.51%
REC Ltd.	6.51%

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 Sundaram Banking & PSU Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	63.673174%
SOV	18.101766%
Cash & Call Money	9.778653%

What is risk level of Sundaram Banking & 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 Sundaram Banking & 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 Sundaram Banking & 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 Sundaram Banking & PSU Fund is complete.

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

Redeeming your investments in Sundaram Banking & 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 Sundaram Banking & 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 3 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.
Return/Risk: The fund is performing poorly than its category.