Banking and PSU Mutual Funds

Find here some best Banking and PSU fund to invest

Annual Returns 7.71%
Average Risk Low
Total Funds 45

What is Banking and PSU Mutual Fund?

Banking and PSU funds are a great opportunity for investors who are willing to make investment in such sectors. Under these schemes, a minimum of 80% of the total assets are invested in the debt instruments of banks, public financial institutions, and public sector undertakings. The risk involved in such schemes is usually moderate on the principal amount invested. Therefore, it is suggested that the investors incline their money in it only after understanding well, their portfolio requirements.

Top Performing Banking and PSU Funds in India for High Returns

Returns

SIP Returns

Risk

Information

NAV Details

Data in this table : Get historical returns. If 1Y column is 10% that means, fund has given 10% returns in last 1 year.

Select date points :

Submit

Fund Name	AUM (Cr.)	Fund Age	1W	1M	3M	6M	YTD	1Y	2Y	3Y	5Y	10Y
HDFC FMP 1359D SEPTEMBER 2022 SERIES 46 REGULAR GROWTH	316.54	3 years	0.09%	0.51%	1.52%	3.7%	-	7.52%	7.28%	-	-	-	Invest
Franklin India Banking & PSU Debt Fund - Growth	484.74	11 years	0.22%	0.1%	1.02%	2.43%	-0.02%	7.42%	7.51%	7.33%	5.88%	7.14%	Invest
UTI Banking & PSU Fund- Regular Plan - Growth Option	1014.91	11 years	0.14%	0.12%	0.83%	2.23%	-	7.26%	7.42%	7.19%	7.04%	6.63%	Invest
ICICI Prudential Banking and PSU Debt Fund - Growth	9727.95	16 years	0.14%	-	0.86%	2.16%	-0.12%	6.97%	7.45%	7.44%	6.2%	7.37%	Invest
Kotak Banking and PSU Debt - Growth	5608.26	27 years	0.14%	-0.04%	0.76%	2.03%	-0.14%	6.96%	7.5%	7.37%	5.95%	7.32%	Invest
DSP FMP SERIES 267 1246 DAYS REGULAR GROWTH	699.56	3 years	0.12%	0.42%	1.36%	2.69%	0.34%	6.9%	7.23%	7.18%	-	-	Invest
SBI FIXED MATURITY PLAN (FMP) SERIES 72 (1239 DAYS) REGULAR GROWTH	327.80	3 years	0.12%	0.39%	1.36%	2.69%	0.34%	6.9%	7.23%	7.16%	-	-	Invest
SBI FIXED MATURITY PLAN (FMP) SERIES 72 (1239 DAYS) REGULAR GROWTH	327.80	3 years	0.12%	0.39%	1.36%	2.69%	0.34%	6.9%	7.23%	7.16%	-	-	Invest
KOTAK FMP SERIES 300 1223 DAYS REGULAR PLAN GROWTH	241.41	3 years	0.11%	0.42%	1.36%	2.69%	0.34%	6.89%	7.22%	7.17%	-	-	Invest
KOTAK FMP SERIES 300 1223 DAYS REGULAR PLAN GROWTH	241.41	3 years	0.11%	0.42%	1.36%	2.69%	0.34%	6.89%	7.22%	7.17%	-	-	Invest
SBI FIXED MATURITY PLAN (FMP) SERIES 73 (1226 DAYS) REGULAR PLAN GROWTH	196.01	3 years	0.11%	0.4%	1.36%	2.69%	0.34%	6.89%	7.22%	7.15%	-	-	Invest
ICICI PRUDENTIAL FIXED MATURITY PLAN ? SERIES 88 1226 DAYS PLAN F GROWTH	129.54	3 years	0.11%	0.41%	1.33%	2.62%	0.33%	6.84%	7.15%	7.07%	-	-	Invest
ICICI PRUDENTIAL FIXED MATURITY PLAN ? SERIES 88 1226 DAYS PLAN F GROWTH	129.54	3 years	0.11%	0.41%	1.33%	2.62%	0.33%	6.84%	7.15%	7.07%	-	-	Invest
Nippon India Fixed Maturity Plan XLIV Series 4 Regular Plan Growth	51.85	3 years	0.11%	0.42%	1.34%	2.65%	0.34%	6.83%	7.18%	7.12%	-	-	Invest
HSBC Banking and PSU Debt Fund - Regular Growth	4360.45	13 years	0.08%	-0.13%	0.43%	1.78%	-0.24%	6.82%	7.01%	6.84%	5.18%	6.67%	Invest
ADITYA BIRLA SUN LIFE FIXED TERM PLAN SERIES UB (1224 DAYS) REGULAR GROWTH	24.33	3 years	0.09%	0.47%	1.39%	2.74%	0.39%	6.77%	7.09%	7.16%	-	-	Invest
KOTAK FMP SERIES 304 3119 DAYS REGULAR PLAN GROWTH	109.38	3 years	0.19%	-0.07%	0.29%	1.32%	-0.23%	6.77%	8.41%	8.7%	-	-	Invest
Sundaram Banking and PSU Fund - Regular Plan - Growth	376.88	21 years	0.13%	-0.13%	0.46%	1.84%	-0.23%	6.76%	7.4%	7.23%	5.58%	6.52%	Invest
Axis Banking & PSU Debt Fund - Regular Plan - Growth option	13573.62	13 years	0.11%	-0.07%	0.55%	1.85%	-0.17%	6.72%	7.21%	6.97%	5.75%	7.1%	Invest
SBI Banking & PSU Fund - Regular Paln - Growth	4127.33	16 years	0.1%	-0.05%	0.4%	1.73%	-0.14%	6.71%	7.24%	7.02%	5.39%	6.84%	Invest

Fund Name	AUM (Cr.)	Risk	1W	1M	3M	6M	YTD	1Y	2Y	3Y	5Y	10Y

Fund Name	Jan-2026	Dec-2025	Nov-2025	Oct-2025	Sep-2025	Aug-2025	Jul-2025	Jun-2025	May-2025	Apr-2025	Mar-2025	Mar-2025

Fund Name	2026-Q1	2025-Q4	2025-Q3	2025-Q2	2025-Q1	2024-Q4	2024-Q3	2024-Q2	2024-Q1	2023-Q4	2023-Q3	2023-Q2

Fund Name	2026	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014

Fund Name	AUM (Cr.)	Risk	1W	1M	3M	6M	YTD	1Y	2Y	3Y	5Y	10Y

Fund Name	AUM (Cr.)	Initial NAV	Final NAV	NAV Change	Absolute Ret.	Annalized Ret.

Fund Name	AUM (Cr.)	Risk	6M	1Y	2Y	3Y	5Y	10Y	From Launch
HDFC FMP 1359D SEPTEMBER 2022 SERIES 46 REGULAR GROWTH	316.54	Low to Moderate	-	-	1.98%	3.32%	-	-	3.63%	Invest
Franklin India Banking & PSU Debt Fund - Growth	484.74	Moderate	1.19%	5.78%	7.05%	7.24%	6.72%	6.79%	6.93%	Invest
UTI Banking & PSU Fund- Regular Plan - Growth Option	1014.91	Moderate	0.97%	5.46%	6.9%	7.12%	7.37%	6.63%	6.71%	Invest
ICICI Prudential Banking and PSU Debt Fund - Growth	9727.95	Moderate	1.01%	5.23%	6.76%	7.12%	6.88%	6.9%	7.54%	Invest
Kotak Banking and PSU Debt - Growth	5608.26	Moderate	0.95%	5.02%	6.73%	7.1%	6.74%	6.94%	7.14%	Invest
DSP FMP SERIES 267 1246 DAYS REGULAR GROWTH	699.56	Low to Moderate	1.35%	5.91%	6.77%	7.04%	-	-	7.06%	Invest
SBI FIXED MATURITY PLAN (FMP) SERIES 72 (1239 DAYS) REGULAR GROWTH	327.80	Low to Moderate	1.35%	5.92%	6.79%	7.05%	-	-	7.06%	Invest
SBI FIXED MATURITY PLAN (FMP) SERIES 72 (1239 DAYS) REGULAR GROWTH	327.80	Low to Moderate	1.35%	5.92%	6.79%	7.05%	-	-	7.06%	Invest
KOTAK FMP SERIES 300 1223 DAYS REGULAR PLAN GROWTH	241.41	Moderate	1.35%	5.91%	6.76%	7.03%	-	-	7.04%	Invest
KOTAK FMP SERIES 300 1223 DAYS REGULAR PLAN GROWTH	241.41	Moderate	1.35%	5.91%	6.76%	7.03%	-	-	7.04%	Invest
SBI FIXED MATURITY PLAN (FMP) SERIES 73 (1226 DAYS) REGULAR PLAN GROWTH	196.01	Low to Moderate	1.35%	5.92%	6.78%	7.04%	-	-	7.04%	Invest
ICICI PRUDENTIAL FIXED MATURITY PLAN ? SERIES 88 1226 DAYS PLAN F GROWTH	129.54	Low to Moderate	1.32%	5.78%	6.68%	6.94%	-	-	6.95%	Invest
ICICI PRUDENTIAL FIXED MATURITY PLAN ? SERIES 88 1226 DAYS PLAN F GROWTH	129.54	Low to Moderate	1.32%	5.78%	6.68%	6.94%	-	-	6.95%	Invest
Nippon India Fixed Maturity Plan XLIV Series 4 Regular Plan Growth	51.85	Average	1.33%	5.84%	6.7%	6.98%	-	-	6.98%	Invest
HSBC Banking and PSU Debt Fund - Regular Growth	4360.45	Low to Moderate	0.69%	4.68%	6.42%	6.71%	6.12%	6.23%	5.79%	Invest
ADITYA BIRLA SUN LIFE FIXED TERM PLAN SERIES UB (1224 DAYS) REGULAR GROWTH	24.33	Low to Moderate	1.36%	5.92%	6.73%	6.98%	-	-	7%	Invest
KOTAK FMP SERIES 304 3119 DAYS REGULAR PLAN GROWTH	109.38	Moderate	0.54%	3.55%	6.78%	7.71%	-	-	7.76%	Invest
Sundaram Banking and PSU Fund - Regular Plan - Growth	376.88	Moderate	0.74%	4.7%	6.61%	7.02%	6.54%	6.33%	7.14%	Invest
Axis Banking & PSU Debt Fund - Regular Plan - Growth option	13573.62	Moderate	0.76%	4.73%	6.52%	6.84%	6.45%	6.7%	7.08%	Invest
SBI Banking & PSU Fund - Regular Paln - Growth	4127.33	Moderate	0.69%	4.45%	6.4%	6.79%	6.35%	6.48%	7.11%	Invest

Fund Name	Risk	Standard Deviation	Alpha	Beta	Sharpe Ratio
HDFC FMP 1359D SEPTEMBER 2022 SERIES 46 REGULAR GROWTH	Low to Moderate	0.88%	-	-	0.57%	Invest
Franklin India Banking & PSU Debt Fund - Growth	Moderate	1.13%	-	-	-	Invest
UTI Banking & PSU Fund- Regular Plan - Growth Option	Moderate	3.26%	-	-	-	Invest
ICICI Prudential Banking and PSU Debt Fund - Growth	Moderate	0.95%	-	-	-	Invest
Kotak Banking and PSU Debt - Growth	Moderate	1.07%	-	-	-	Invest
DSP FMP SERIES 267 1246 DAYS REGULAR GROWTH	Low to Moderate	0.88%	-	-	0.58%	Invest
SBI FIXED MATURITY PLAN (FMP) SERIES 72 (1239 DAYS) REGULAR GROWTH	Low to Moderate	0.88%	0.02%	0.47%	0.57%	Invest
SBI FIXED MATURITY PLAN (FMP) SERIES 72 (1239 DAYS) REGULAR GROWTH	Low to Moderate	0.88%	0.02%	0.47%	0.57%	Invest
KOTAK FMP SERIES 300 1223 DAYS REGULAR PLAN GROWTH	Moderate	0.88%	-	-	0.57%	Invest
KOTAK FMP SERIES 300 1223 DAYS REGULAR PLAN GROWTH	Moderate	0.88%	-	-	0.57%	Invest
SBI FIXED MATURITY PLAN (FMP) SERIES 73 (1226 DAYS) REGULAR PLAN GROWTH	Low to Moderate	0.87%	0.02%	0.47%	0.57%	Invest
ICICI PRUDENTIAL FIXED MATURITY PLAN ? SERIES 88 1226 DAYS PLAN F GROWTH	Low to Moderate	0.88%	-	0.47%	0.48%	Invest
ICICI PRUDENTIAL FIXED MATURITY PLAN ? SERIES 88 1226 DAYS PLAN F GROWTH	Low to Moderate	0.88%	-	0.47%	0.48%	Invest
Nippon India Fixed Maturity Plan XLIV Series 4 Regular Plan Growth	Average	0.88%	-	0.46%	0.52%	Invest
HSBC Banking and PSU Debt Fund - Regular Growth	Low to Moderate	1.82%	-	-	-	Invest
ADITYA BIRLA SUN LIFE FIXED TERM PLAN SERIES UB (1224 DAYS) REGULAR GROWTH	Low to Moderate	0.82%	0.13%	0.41%	0.66%	Invest
KOTAK FMP SERIES 304 3119 DAYS REGULAR PLAN GROWTH	Moderate	-	-	-	-	Invest
Sundaram Banking and PSU Fund - Regular Plan - Growth	Moderate	1.18%	-	-	-	Invest
Axis Banking & PSU Debt Fund - Regular Plan - Growth option	Moderate	0.87%	-	-	-	Invest
SBI Banking & PSU Fund - Regular Paln - Growth	Moderate	1.16%	-	-	-	Invest

Fund Name	Min SIP	Min Lumpsum	Expense Ratio	Fund Manager	Launch Date
HDFC FMP 1359D SEPTEMBER 2022 SERIES 46 REGULAR GROWTH	₹0	₹5000	-		10-Oct 2022	Invest
Franklin India Banking & PSU Debt Fund - Growth	₹500	₹5000	0.53%	Anuj Tagra	25-Apr 2014	Invest
UTI Banking & PSU Fund- Regular Plan - Growth Option	₹500	₹500	0.54%	Anurag Mittal	03-Feb 2014	Invest
ICICI Prudential Banking and PSU Debt Fund - Growth	₹100	₹500	0.74%	Rohan Maru	01-Jan 2010	Invest
Kotak Banking and PSU Debt - Growth	₹100	₹100	0.75%	Deepak Agrawal	29-Dec 1998	Invest
DSP FMP SERIES 267 1246 DAYS REGULAR GROWTH	₹0	₹5000	-		14-Nov 2022	Invest
SBI FIXED MATURITY PLAN (FMP) SERIES 72 (1239 DAYS) REGULAR GROWTH	₹0	₹5000	-		22-Nov 2022	Invest
SBI FIXED MATURITY PLAN (FMP) SERIES 72 (1239 DAYS) REGULAR GROWTH	₹0	₹5000	-		22-Nov 2022	Invest
KOTAK FMP SERIES 300 1223 DAYS REGULAR PLAN GROWTH	₹0	₹5000	-	Deepak Agrawal	09-Dec 2022	Invest
KOTAK FMP SERIES 300 1223 DAYS REGULAR PLAN GROWTH	₹0	₹5000	-	Deepak Agrawal	09-Dec 2022	Invest
SBI FIXED MATURITY PLAN (FMP) SERIES 73 (1226 DAYS) REGULAR PLAN GROWTH	₹0	₹5000	-		08-Dec 2022	Invest
ICICI PRUDENTIAL FIXED MATURITY PLAN ? SERIES 88 1226 DAYS PLAN F GROWTH	₹0	₹5000	-	Darshil Dedhia	08-Dec 2022	Invest
ICICI PRUDENTIAL FIXED MATURITY PLAN ? SERIES 88 1226 DAYS PLAN F GROWTH	₹0	₹5000	-	Darshil Dedhia	08-Dec 2022	Invest
Nippon India Fixed Maturity Plan XLIV Series 4 Regular Plan Growth	₹0	₹5000	-		07-Dec 2022	Invest
HSBC Banking and PSU Debt Fund - Regular Growth	₹1000	₹5000	0.61%	Mahesh A Chhabria	12-Sep 2012	Invest
ADITYA BIRLA SUN LIFE FIXED TERM PLAN SERIES UB (1224 DAYS) REGULAR GROWTH	₹0	₹1000	-		08-Dec 2022	Invest
KOTAK FMP SERIES 304 3119 DAYS REGULAR PLAN GROWTH	₹0	₹5000	-	Deepak Agrawal	30-Dec 2022	Invest
Sundaram Banking and PSU Fund - Regular Plan - Growth	₹250	₹5000	0.41%	Dwijendra Srivastava	30-Dec 2004	Invest
Axis Banking & PSU Debt Fund - Regular Plan - Growth option	₹1000	₹5000	0.63%	Aditya Pagaria	08-Jun 2012	Invest
SBI Banking & PSU Fund - Regular Paln - Growth	₹500	₹5000	0.81%	Rajeev Radhakrishnan	09-Oct 2009	Invest

Fund Name	Current NAV	Previous NAV	1D NAV Change	52- Week High NAV	52- Week Low NAV
HDFC FMP 1359D SEPTEMBER 2022 SERIES 46 REGULAR GROWTH	10.5981 ()	11.6617 (2024-11-18)	0%	-	-	Invest
Franklin India Banking & PSU Debt Fund - Growth	23.1977 (28-01-2026)	23.1962 (27-01-2026)	0.01%	23.2117	21.6025	Invest
UTI Banking & PSU Fund- Regular Plan - Growth Option	22.6174 (28-01-2026)	22.6256 (27-01-2026)	-0.04%	22.6256	21.0959	Invest
ICICI Prudential Banking and PSU Debt Fund - Growth	33.7170 (28-01-2026)	33.7201 (27-01-2026)	-0.01%	33.7577	31.5328	Invest
Kotak Banking and PSU Debt - Growth	67.3109 (28-01-2026)	67.3408 (27-01-2026)	-0.04%	67.4075	62.9534	Invest
DSP FMP SERIES 267 1246 DAYS REGULAR GROWTH	12.5226 (28-01-2026)	12.521 (27-01-2026)	0.01%	12.5226	11.7277	Invest
SBI FIXED MATURITY PLAN (FMP) SERIES 72 (1239 DAYS) REGULAR GROWTH	12.4430 (28-01-2026)	12.4414 (27-01-2026)	0.01%	12.443	11.6531	Invest
SBI FIXED MATURITY PLAN (FMP) SERIES 72 (1239 DAYS) REGULAR GROWTH	12.4430 (28-01-2026)	12.4414 (27-01-2026)	0.01%	12.443	11.6531	Invest
KOTAK FMP SERIES 300 1223 DAYS REGULAR PLAN GROWTH	12.3959 (28-01-2026)	12.3943 (27-01-2026)	0.01%	12.3959	11.6101	Invest
KOTAK FMP SERIES 300 1223 DAYS REGULAR PLAN GROWTH	12.3959 (28-01-2026)	12.3943 (27-01-2026)	0.01%	12.3959	11.6101	Invest
SBI FIXED MATURITY PLAN (FMP) SERIES 73 (1226 DAYS) REGULAR PLAN GROWTH	12.4116 (28-01-2026)	12.4100 (27-01-2026)	0.01%	12.4116	11.6246	Invest
ICICI PRUDENTIAL FIXED MATURITY PLAN ? SERIES 88 1226 DAYS PLAN F GROWTH	12.3659 (28-01-2026)	12.3644 (27-01-2026)	0.01%	12.3659	11.5873	Invest
ICICI PRUDENTIAL FIXED MATURITY PLAN ? SERIES 88 1226 DAYS PLAN F GROWTH	12.3659 (28-01-2026)	12.3644 (27-01-2026)	0.01%	12.3659	11.5873	Invest
Nippon India Fixed Maturity Plan XLIV Series 4 Regular Plan Growth	12.3563 (28-01-2026)	12.3547 (27-01-2026)	0.01%	12.3563	11.5795	Invest
HSBC Banking and PSU Debt Fund - Regular Growth	24.9007 (28-01-2026)	24.9169 (27-01-2026)	-0.07%	24.9617	23.32	Invest
ADITYA BIRLA SUN LIFE FIXED TERM PLAN SERIES UB (1224 DAYS) REGULAR GROWTH	12.388 (28-01-2026)	12.3864 (27-01-2026)	0.01%	12.388	11.6104	Invest
KOTAK FMP SERIES 304 3119 DAYS REGULAR PLAN GROWTH	12.7933 (28-01-2026)	12.7808 (27-01-2026)	0.1%	12.8669	11.9607	Invest
Sundaram Banking and PSU Fund - Regular Plan - Growth	44.2160 (28-01-2026)	44.2439 (27-01-2026)	-0.06%	44.3224	41.4354	Invest
Axis Banking & PSU Debt Fund - Regular Plan - Growth option	2707.1011 (28-01-2026)	2708.5431 (27-01-2026)	-0.05%	2711.79	2537.54	Invest
SBI Banking & PSU Fund - Regular Paln - Growth	3197.7761 (28-01-2026)	3198.9665 (27-01-2026)	-0.04%	3203.2	2998.37	Invest

Banking and PSU Funds Return Calculator

What you would like to Calculate?

Historical Returns

Future Value

Select Fund

Select Investment Type

SIP

Lumpsum

SIP amount (Monthly)

Tenure

Lumpsum amount

Tenure

Invested Amt.

Net Profit

Total Wealth

Scheme Return Analysis Start SIP

Select Investment Type

SIP

Lumpsum

Target Amount

SIP amount (Monthly)

Tenure (Years)

Annual Returns

Lumpsum Amount

Tenure(Years)

Annual Returns

Target Amount

Tenure (Years)

Annual Returns

Invested Amount
Estimated Returns

Invested Amount ₹43,855
Interest Earned ₹6,145

Explore Other Popular Calculators

SWP Calculator STP Calculator TAX Planning Calculator SIP Planner Retirement Calculator Child Future Calculator

View All Calculators

Join 50,000+ Investors Who Tested Their Suitability

Are Banking and PSU Funds Suitable for You?

Take Suitability Test Now!

Suitability Test?

Check Suitability of Banking and PSU Funds for your Portfolio

What is your investing style?

Aggressive
Quality
Conservative

DSP Banking & PSU Debt Fund - Regular Plan - Growth 3Y Returns 7.11% VS

LIC MF Banking & PSU Fund-Regular Plan-Growth 3Y Returns 7.04%

INVESCO INDIA BANKING AND PSU FUND - Growth Option 3Y Returns 7.11% VS

LIC MF Banking & PSU Fund-Regular Plan-Growth 3Y Returns 7.04%

HSBC Banking and PSU Debt Fund - Regular Growth 3Y Returns 6.84% VS

LIC MF Banking & PSU Fund-Regular Plan-Growth 3Y Returns 7.04%

ICICI Prudential Banking and PSU Debt Fund - Growth 3Y Returns 7.44% VS

UTI Banking & PSU Fund- Regular Plan - Growth Option 3Y Returns 7.19%

Frequently Asked Questions

Who should invest in Banking and PSU Mutual Funds?

Banking and PSU funds are suitable for the investors who can digest high risk in search for higher returns. Moreover, these funds are not suitable for the investors who are stepping in the finance market with a short term investment perspective as they might end up delivering negative returns.

What is the minimum investment required for investing in Banking and PSU funds?

The minimum investment depends from one scheme to another. In general, for lumpsum investment the minimum investment can range from Rs. 500 to Rs. 5000. Whereas, in case of SIP, the range may vary between Rs. 500 to Rs. 1000. For authentic information, never forget to check the scheme related documents.

What is the investment philosophy followed by Banking and PSU companies?

The fund manager of Banking and PSU fund targets the best small sized companies having the potential to generate excellent gains in the future. Such companies do not have much resources as the large cap or mid cap companies but have high potential to outperform many big companies.

Why to invest in Banking and PSU funds?

Banking and PSU funds have more tendency of providing exceptional returns than the other categories of funds. Moreover, they can also be a suitable option for providing diversification to your portfolio.

How risky are Banking and PSU funds?

Banking and PSU funds are one of the riskiest mutual funds. But at the same time rewards are also high. Therefore, an investor who is willing to expose his corpus towards risk for fetching higher returns should invest in Banking and PSU funds.

Are Banking and PSU Funds for long term investment?

Yes, Banking and PSU funds are a suitable choice for generating long term capital appreciation. Moreover, in short term these funds can cause double digit losses to the investors. Thus, always maintain a long term investment perspective while investing in Banking and PSU mutual funds.

What is the benchmark of Banking and PSU Fund?

Benchmark is a standard with which a mutual fund competes in terms of growth & performance. Different Banking and PSU funds have different benchmark. Thus, read the mutual fund document carefully to know the benchmark.

What are the taxes applied on Banking and PSU Mutual Funds?

Banking and PSU funds are eligible for two types of taxes- STCG (Short Term Capital Gain) and LTCG (Long Term Capital Gain). STCG is the capital gain generated on the units which are hold for up to 1 year. The STCG tax imposed by the Government of India is 15%. LTCG is the profit generated on the units which are hold for more than one years. The LTCG levied is 10% for the profit above Rs. 1 Lakh.