Banking and PSU Mutual Funds
Banking and PSU Funds are investment vehicles that are safer than other types of mutual funds. These are open-ended debt mutual fund investment schemes that stand out from others owing to their investment pattern. These funds invest a minimum of 80 percent of assets in public financial institutions, banks, and PSUs (public sector undertaking) debt securities. View More
Banking and PSU Mutual Funds List
Fund Name | Fund Size(Cr.) | 3Y | 5Y | |
---|---|---|---|---|
UTI-Banking & PSU Fund - Direct Growth
|
824 | 8.31% | 7.41% | |
ICICI Pru Banking & PSU Debt Fund - Direct Growth
|
8,930 | 6.65% | 7.05% | |
ITI Banking and PSU Debt Fund - Direct Growth
|
31 | 6.45% | - | |
Kotak Banking and PSU Debt Fund - Direct Growth
|
5,714 | 6.39% | 6.96% | |
Aditya Birla SL Banking&PSU Debt Fund-DirGrowth
|
9,342 | 6.33% | 6.86% | |
DSP Banking & Psu Debt Fund - Direct Growth
|
2,710 | 6.33% | 6.67% | |
HDFC Banking and PSU Debt Fund - Direct Growth
|
5,748 | 6.27% | 6.87% | |
Nippon India Banking & PSU Debt Fund - Dir Growth
|
5,347 | 6.22% | 6.88% | |
LIC MF Banking & PSU Fund - Direct Growth
|
1,591 | 6.17% | 6.18% | |
Franklin India Banking & PSU Debt Fund-DirectGrowth
|
583 | 6.14% | 6.42% |
Fund Name | 1Y | Rating | Fund Size |
---|---|---|---|
UTI-Banking & PSU Fund - Direct Growth
|
8.23% Fund Size - 824 |
||
ICICI Pru Banking & PSU Debt Fund - Direct Growth
|
8.19% Fund Size - 8,930 |
||
ITI Banking and PSU Debt Fund - Direct Growth
|
8.34% Fund Size - 31 |
||
Kotak Banking and PSU Debt Fund - Direct Growth
|
8.69% Fund Size - 5,714 |
||
Aditya Birla SL Banking&PSU Debt Fund-DirGrowth
|
8.52% Fund Size - 9,342 |
||
DSP Banking & Psu Debt Fund - Direct Growth
|
9.42% Fund Size - 2,710 |
||
HDFC Banking and PSU Debt Fund - Direct Growth
|
8.53% Fund Size - 5,748 |
||
Nippon India Banking & PSU Debt Fund - Dir Growth
|
8.53% Fund Size - 5,347 |
||
LIC MF Banking & PSU Fund - Direct Growth
|
8.65% Fund Size - 1,591 |
||
Franklin India Banking & PSU Debt Fund-DirectGrowth
|
8.18% Fund Size - 583 |
Who Should Invest in Banking & PSU Mutual Funds?
Features of Banking & PSU Mutual Funds
Taxability of Banking & PSU Funds
Risk Involved with Banking & PSU Funds
Advantages of Banking & PSU Funds
Who are these Funds Suited for?
Popular Banking and PSU Mutual Funds
- UTI-Banking & PSU Fund - Direct Growth
- ₹ 500
- ₹ 8240
- 8.31%
- Min SIP Investment Amt
- ₹ ₹ 500
- AUM (Cr.)
- ₹ 824
- 3Y Return
- 8.31%
- Min SIP Investment Amt
- ₹ ₹ 500
- AUM (Cr.)
- ₹ 824
- 3Y Return
- 8.31%
- ICICI Pru Banking & PSU Debt Fund - Direct Growth
- ₹ 100
- ₹ 8,9300
- 6.65%
- Min SIP Investment Amt
- ₹ ₹ 100
- AUM (Cr.)
- ₹ 8,930
- 3Y Return
- 6.65%
- Min SIP Investment Amt
- ₹ ₹ 100
- AUM (Cr.)
- ₹ 8,930
- 3Y Return
- 6.65%
- ITI Banking and PSU Debt Fund - Direct Growth
- ₹ 500
- ₹ 310
- 6.45%
- Min SIP Investment Amt
- ₹ ₹ 500
- AUM (Cr.)
- ₹ 31
- 3Y Return
- 6.45%
- Min SIP Investment Amt
- ₹ ₹ 500
- AUM (Cr.)
- ₹ 31
- 3Y Return
- 6.45%
- Kotak Banking and PSU Debt Fund - Direct Growth
- ₹ 100
- ₹ 5,7140
- 6.39%
- Min SIP Investment Amt
- ₹ ₹ 100
- AUM (Cr.)
- ₹ 5,714
- 3Y Return
- 6.39%
- Min SIP Investment Amt
- ₹ ₹ 100
- AUM (Cr.)
- ₹ 5,714
- 3Y Return
- 6.39%
- Aditya Birla SL Banking&PSU Debt Fund-DirGrowth
- ₹ 1000
- ₹ 9,3420
- 6.33%
- Min SIP Investment Amt
- ₹ ₹ 1000
- AUM (Cr.)
- ₹ 9,342
- 3Y Return
- 6.33%
- Min SIP Investment Amt
- ₹ ₹ 1000
- AUM (Cr.)
- ₹ 9,342
- 3Y Return
- 6.33%
- DSP Banking & Psu Debt Fund - Direct Growth
- ₹ 100
- ₹ 2,7100
- 6.33%
- Min SIP Investment Amt
- ₹ ₹ 100
- AUM (Cr.)
- ₹ 2,710
- 3Y Return
- 6.33%
- Min SIP Investment Amt
- ₹ ₹ 100
- AUM (Cr.)
- ₹ 2,710
- 3Y Return
- 6.33%
- HDFC Banking and PSU Debt Fund - Direct Growth
- ₹ 100
- ₹ 5,7480
- 6.27%
- Min SIP Investment Amt
- ₹ ₹ 100
- AUM (Cr.)
- ₹ 5,748
- 3Y Return
- 6.27%
- Min SIP Investment Amt
- ₹ ₹ 100
- AUM (Cr.)
- ₹ 5,748
- 3Y Return
- 6.27%
- Nippon India Banking & PSU Debt Fund - Dir Growth
- ₹ 100
- ₹ 5,3470
- 6.22%
- Min SIP Investment Amt
- ₹ ₹ 100
- AUM (Cr.)
- ₹ 5,347
- 3Y Return
- 6.22%
- Min SIP Investment Amt
- ₹ ₹ 100
- AUM (Cr.)
- ₹ 5,347
- 3Y Return
- 6.22%
- LIC MF Banking & PSU Fund - Direct Growth
- ₹ 200
- ₹ 1,5910
- 6.17%
- Min SIP Investment Amt
- ₹ ₹ 200
- AUM (Cr.)
- ₹ 1,591
- 3Y Return
- 6.17%
- Min SIP Investment Amt
- ₹ ₹ 200
- AUM (Cr.)
- ₹ 1,591
- 3Y Return
- 6.17%
- Franklin India Banking & PSU Debt Fund-DirectGrowth
- ₹ 500
- ₹ 5830
- 6.14%
- Min SIP Investment Amt
- ₹ ₹ 500
- AUM (Cr.)
- ₹ 583
- 3Y Return
- 6.14%
- Min SIP Investment Amt
- ₹ ₹ 500
- AUM (Cr.)
- ₹ 583
- 3Y Return
- 6.14%
FAQs
Investing in Banking & PSU funds is simple and can be done online or offline. You can either visit the AMC physically or consult a broker to invest through offline mode. Alternatively, you can visit an online investment platform like 5Paisa.com and choose from many mutual funds available in one place. You can compare the funds you are interested in and use the lumpsum or SIP calculator to estimate your returns.
These funds are ideal for ultra-short to short-term investment with a maximum duration of three years. The ideal holding period for these schemes is between one to three years, so they are suitable for investors with short-term investment goals.
These are debt mutual fund schemes where almost 80% of the assets are invested in debentures, bonds, and certificates of deposits. The money is mainly invested in securities with low maturity periods and high liquidity.
It considers investing in public sector banks operating under the central government. It makes them much safer than private sector undertakings. These mutual funds are known to deliver high returns, but the returns depend a lot on market volatility.
As these funds invest in debt securities for a short duration, market volatility does not influence their returns, making them an ideal low-risk investment option. Though these funds are not entirely risk-free, they carry lesser risk than other debt funds.
The fund house specifies the scheme’s minimum investment amount for Banking & PSU funds. Generally, it can be anywhere from INR 1000, while the minimum SIP amount can start as low as INR 100.
According to the regulations of the SEBI, Banking & PSU funds must invest a minimum of 80% of assets in debt securities issued by public sector undertakings and banks.
There is no holding period for these mutual funds; investors are free to exit their positions anytime.
- Aggressive Hybrid
- Arbitrage
- Balanced Hybrid
- Banking and PSU
- Childrens
- Conservative Hybrid
- Contra
- Corporate Bond
- Credit Risk
- Dividend Yield
- Dynamic Asset
- Dynamic Bond
- ELSS
- Equity Savings
- Fixed Maturity Plans
- Flexi Cap
- Floater
- Focused
- FoFs Domestic
- FoFs Overseas
- Gilt Fund with 10 year
- Gilt
- Index
- Large & Mid Cap
- Large Cap
- Liquid
- Long Duration
- Low Duration
- Medium Duration
- Medium to Long Duration
- Mid Cap
- Money Market
- Multi Asset Allocation
- Multi Cap
- Overnight
- Passive ELSS
- Retirement
- Sectoral / Thematic
- Short Duration
- Small Cap
- Ultra Short Duration
- Value