Banking and PSU Mutual Funds

Find here some best Banking and PSU fund to invest

Annual Returns 6.78%
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

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

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Fund Name	AUM (Cr.)	Fund Age	1W	1M	3M	6M	YTD	1Y	2Y	3Y	5Y	10Y
KOTAK FMP SERIES 304 3119 DAYS REGULAR PLAN GROWTH	109.38	2 years	-0.58%	-0.19%	1.44%	1.61%	7.67%	7.85%	9.4%	-	-	-	Invest
Franklin India Banking & PSU Debt Fund - Growth	501.62	11 years	-0.05%	0.27%	1.74%	2.87%	7.44%	7.79%	7.85%	7.42%	5.82%	7.22%	Invest
UTI Banking & PSU Fund- Regular Plan - Growth Option	811.55	11 years	-0.12%	0.24%	1.44%	2.66%	7.44%	7.74%	7.87%	7.3%	6.98%	6.75%	Invest
Kotak Banking and PSU Debt - Growth	5794.16	26 years	-0.23%	0.11%	1.84%	2.55%	7.46%	7.68%	8%	7.47%	6.01%	7.4%	Invest
ICICI Prudential Banking and PSU Debt Fund - Growth	9720.73	15 years	-0.14%	0.19%	1.69%	2.66%	7.26%	7.64%	7.81%	7.57%	6.25%	7.44%	Invest
HSBC Banking and PSU Debt Fund - Regular Growth	4413.44	13 years	-0.27%	0.06%	1.45%	2.42%	7.24%	7.59%	7.54%	7.06%	5.15%	6.75%	Invest
SBI Banking & PSU Fund - Regular Paln - Growth	4212.99	16 years	-0.14%	0.15%	1.49%	2.36%	7.34%	7.52%	7.77%	7.27%	5.43%	6.93%	Invest
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
Axis Banking & PSU Debt Fund - Regular Plan - Growth option	13711.73	13 years	-0.21%	0.13%	1.45%	2.45%	7.28%	7.51%	7.69%	7.17%	5.73%	7.19%	Invest
Sundaram Banking and PSU Fund - Regular Plan - Growth	377.41	20 years	-0.29%	0.06%	1.39%	2.4%	7.27%	7.5%	7.93%	7.44%	5.62%	6.61%	Invest
LIC MF Banking & PSU Debt Fund-Growth	1887.56	18 years	-0.29%	0.01%	1.37%	2.09%	7.24%	7.41%	7.77%	7.24%	5.45%	6.71%	Invest
LIC MF Banking & PSU Fund-Regular Plan-Growth	1887.56	18 years	-0.29%	0.01%	1.37%	2.09%	7.24%	7.41%	7.77%	7.24%	5.45%	6.71%	Invest
HDFC Banking and PSU Debt Fund - Growth Option	5834.90	11 years	-0.27%	0.05%	1.51%	2.28%	7.18%	7.4%	7.8%	7.38%	5.83%	7.27%	Invest
BAJAJ FINSERV BANKING AND PSU FUND REGULAR PLAN GROWTH	318.63	2 years	-0.32%	-0.02%	1.33%	2.07%	7.14%	7.31%	7.73%	-	-	-	Invest
Nippon India Banking & PSU Fund - Growth Plan - Growth Option	5582.11	10 years	-0.35%	-0.03%	1.39%	2.06%	7.1%	7.29%	7.76%	7.33%	5.78%	7.28%	Invest
Aditya Birla Sun Life Banking & PSU Debt Fund - Regular Plan-Growth	9234.85	17 years	-0.25%	0.04%	1.45%	2.23%	7.1%	7.29%	7.77%	7.36%	5.86%	7.44%	Invest
Edelweiss Banking and PSU Debt Fund - Regular Plan - Growth Option	475.66	12 years	-0.2%	0.1%	1.39%	2.1%	7.21%	7.28%	8.01%	7.3%	5.88%	7.46%	Invest
INVESCO INDIA BANKING AND PSU FUND - Growth Option	170.71	12 years	-0.2%	0.08%	1.37%	2.07%	6.96%	7.15%	7.93%	7.29%	5.22%	6.43%	Invest
Bandhan Banking & PSU Fund - Regular Growth	12963.49	12 years	-0.18%	0.15%	1.27%	2.28%	6.84%	7.11%	7.48%	7.16%	5.66%	7.12%	Invest
SBI FIXED MATURITY PLAN (FMP) SERIES 72 (1239 DAYS) REGULAR GROWTH	327.80	3 years	0.16%	0.48%	1.49%	2.78%	6.69%	7.02%	7.42%	7.12%	-	-	Invest

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

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

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

Fund Name	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013

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
KOTAK FMP SERIES 304 3119 DAYS REGULAR PLAN GROWTH	109.38	Moderate	0.94%	5.85%	7.91%	-	-	-	8.44%	Invest
Franklin India Banking & PSU Debt Fund - Growth	501.62	Moderate	1.46%	7.05%	7.6%	7.57%	6.84%	6.88%	7%	Invest
UTI Banking & PSU Fund- Regular Plan - Growth Option	811.55	Moderate	1.26%	6.78%	7.49%	7.48%	7.54%	6.71%	6.78%	Invest
Kotak Banking and PSU Debt - Growth	5794.16	Moderate	1.44%	6.85%	7.6%	7.65%	6.99%	7.09%	7.18%	Invest
ICICI Prudential Banking and PSU Debt Fund - Growth	9720.73	Moderate	1.36%	6.69%	7.46%	7.56%	7.08%	7.02%	7.62%	Invest
HSBC Banking and PSU Debt Fund - Regular Growth	4413.44	Low to Moderate	1.17%	6.48%	7.23%	7.22%	6.33%	6.36%	5.86%	Invest
SBI Banking & PSU Fund - Regular Paln - Growth	4212.99	Moderate	1.21%	6.46%	7.35%	7.38%	6.61%	6.64%	7.21%	Invest
HDFC FMP 1359D SEPTEMBER 2022 SERIES 46 REGULAR GROWTH	316.54	Low to Moderate	-	-	2.33%	3.61%	-	-	3.83%	Invest
Axis Banking & PSU Debt Fund - Regular Plan - Growth option	13711.73	Moderate	1.21%	6.46%	7.32%	7.33%	6.67%	6.84%	7.17%	Invest
Sundaram Banking and PSU Fund - Regular Plan - Growth	377.41	Moderate	1.15%	6.36%	7.4%	7.51%	6.74%	6.44%	7.2%	Invest
LIC MF Banking & PSU Debt Fund-Growth	1887.56	Moderate	1.05%	6.16%	7.23%	7.33%	6.59%	6.47%	6.83%	Invest
LIC MF Banking & PSU Fund-Regular Plan-Growth	1887.56	Moderate	1.05%	6.16%	7.23%	7.33%	6.59%	6.47%	6.83%	Invest
HDFC Banking and PSU Debt Fund - Growth Option	5834.90	Moderate	1.18%	6.33%	7.28%	7.4%	6.77%	6.87%	7.07%	Invest
BAJAJ FINSERV BANKING AND PSU FUND REGULAR PLAN GROWTH	318.63	Moderate	1.05%	6.1%	7.19%	-	-	-	7.23%	Invest
Nippon India Banking & PSU Fund - Growth Plan - Growth Option	5582.11	Moderate	1.02%	6.02%	7.15%	7.31%	6.71%	6.91%	6.96%	Invest
Aditya Birla Sun Life Banking & PSU Debt Fund - Regular Plan-Growth	9234.85	Moderate	1.14%	6.2%	7.23%	7.37%	6.79%	6.95%	20.83%	Invest
Edelweiss Banking and PSU Debt Fund - Regular Plan - Growth Option	475.66	Low to Moderate	1.09%	6.15%	7.27%	7.4%	6.8%	7.24%	7.4%	Invest
INVESCO INDIA BANKING AND PSU FUND - Growth Option	170.71	Moderate	1.1%	6%	7.13%	7.34%	6.45%	6.3%	6.43%	Invest
Bandhan Banking & PSU Fund - Regular Growth	12963.49	Moderate	1.09%	5.97%	6.98%	7.11%	6.56%	6.88%	7.09%	Invest
SBI FIXED MATURITY PLAN (FMP) SERIES 72 (1239 DAYS) REGULAR GROWTH	327.80	Low to Moderate	1.4%	6.43%	7.07%	7.22%	-	-	7.22%	Invest

Fund Name	Risk	Standard Deviation	Alpha	Beta	Sharpe Ratio
KOTAK FMP SERIES 304 3119 DAYS REGULAR PLAN GROWTH	Moderate	-	-	-	-	Invest
Franklin India Banking & PSU Debt Fund - Growth	Moderate	0.90%	0.19%	0.83%	0.84%	Invest
UTI Banking & PSU Fund- Regular Plan - Growth Option	Moderate	1.01%	0.04%	0.89%	0.64%	Invest
Kotak Banking and PSU Debt - Growth	Moderate	1.17%	0.06%	1.13%	0.71%	Invest
ICICI Prudential Banking and PSU Debt Fund - Growth	Moderate	0.87%	0.35%	0.79%	1.03%	Invest
HSBC Banking and PSU Debt Fund - Regular Growth	Low to Moderate	1.05%	-	0.96%	0.45%	Invest
SBI Banking & PSU Fund - Regular Paln - Growth	Moderate	1.16%	-	1.11%	0.56%	Invest
HDFC FMP 1359D SEPTEMBER 2022 SERIES 46 REGULAR GROWTH	Low to Moderate	0.89%	-	-	0.47%	Invest
Axis Banking & PSU Debt Fund - Regular Plan - Growth option	Moderate	0.98%	-	0.89%	0.59%	Invest
Sundaram Banking and PSU Fund - Regular Plan - Growth	Moderate	1.08%	0.14%	0.99%	0.77%	Invest
LIC MF Banking & PSU Debt Fund-Growth	Moderate	1.25%	-	1.18%	0.53%	Invest
LIC MF Banking & PSU Fund-Regular Plan-Growth	Moderate	1.25%	-	1.18%	0.53%	Invest
HDFC Banking and PSU Debt Fund - Growth Option	Moderate	1.14%	0.03%	1.08%	0.69%	Invest
BAJAJ FINSERV BANKING AND PSU FUND REGULAR PLAN GROWTH	Moderate	-	-	-	-	Invest
Nippon India Banking & PSU Fund - Growth Plan - Growth Option	Moderate	1.26%	-	1.20%	0.59%	Invest
Aditya Birla Sun Life Banking & PSU Debt Fund - Regular Plan-Growth	Moderate	1.13%	0.03%	1.06%	0.68%	Invest
Edelweiss Banking and PSU Debt Fund - Regular Plan - Growth Option	Low to Moderate	1.55%	-	1.40%	0.47%	Invest
INVESCO INDIA BANKING AND PSU FUND - Growth Option	Moderate	1.31%	-	1.23%	0.52%	Invest
Bandhan Banking & PSU Fund - Regular Growth	Moderate	0.92%	-	0.82%	0.59%	Invest
SBI FIXED MATURITY PLAN (FMP) SERIES 72 (1239 DAYS) REGULAR GROWTH	Low to Moderate	0.88%	-	0.50%	0.63%	Invest

Fund Name	Min SIP	Min Lumpsum	Expense Ratio	Fund Manager	Launch Date
KOTAK FMP SERIES 304 3119 DAYS REGULAR PLAN GROWTH	₹0	₹5000	-	Deepak Agrawal	30-Dec 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
Kotak Banking and PSU Debt - Growth	₹100	₹100	0.75%	Deepak Agrawal	29-Dec 1998	Invest
ICICI Prudential Banking and PSU Debt Fund - Growth	₹100	₹500	0.74%	Rohan Maru	01-Jan 2010	Invest
HSBC Banking and PSU Debt Fund - Regular Growth	₹1000	₹5000	0.61%	Mahesh A Chhabria	12-Sep 2012	Invest
SBI Banking & PSU Fund - Regular Paln - Growth	₹500	₹5000	0.81%	Rajeev Radhakrishnan	09-Oct 2009	Invest
HDFC FMP 1359D SEPTEMBER 2022 SERIES 46 REGULAR GROWTH	₹0	₹5000	-		10-Oct 2022	Invest
Axis Banking & PSU Debt Fund - Regular Plan - Growth option	₹1000	₹5000	0.63%	Aditya Pagaria	08-Jun 2012	Invest
Sundaram Banking and PSU Fund - Regular Plan - Growth	₹250	₹5000	0.41%	Dwijendra Srivastava	30-Dec 2004	Invest
LIC MF Banking & PSU Debt Fund-Growth	₹200	₹5000	0.78%	Marzban Irani	30-May 2007	Invest
LIC MF Banking & PSU Fund-Regular Plan-Growth	₹200	₹5000	0.78%	Marzban Irani	30-May 2007	Invest
HDFC Banking and PSU Debt Fund - Growth Option	₹100	₹100	0.79%	Anil Bamboli	26-Mar 2014	Invest
BAJAJ FINSERV BANKING AND PSU FUND REGULAR PLAN GROWTH	₹1000	₹1000	0.89%	Nimesh Chandan	13-Nov 2023	Invest
Nippon India Banking & PSU Fund - Growth Plan - Growth Option	₹100	₹5000	0.76%	Vivek Sharma	15-May 2015	Invest
Aditya Birla Sun Life Banking & PSU Debt Fund - Regular Plan-Growth	₹1000	₹1000	0.73%	Kaustubh Gupta	02-May 2008	Invest
Edelweiss Banking and PSU Debt Fund - Regular Plan - Growth Option	₹100	₹100	0.7%	Dhawal Dalal	13-Sep 2013	Invest
INVESCO INDIA BANKING AND PSU FUND - Growth Option	₹1000	₹1000	0.63%	Krishna Venkat Cheemalapati	29-Dec 2012	Invest
Bandhan Banking & PSU Fund - Regular Growth	₹100	₹1000	0.63%	Suyash Choudhary	07-Mar 2013	Invest
SBI FIXED MATURITY PLAN (FMP) SERIES 72 (1239 DAYS) REGULAR GROWTH	₹0	₹5000	-		22-Nov 2022	Invest

Fund Name	Current NAV	Previous NAV	1D NAV Change	52- Week High NAV	52- Week Low NAV
KOTAK FMP SERIES 304 3119 DAYS REGULAR PLAN GROWTH	12.7918 (12-12-2025)	12.7999 (11-12-2025)	-0.06%	12.8669	11.8503	Invest
Franklin India Banking & PSU Debt Fund - Growth	23.1076 (12-12-2025)	23.0992 (11-12-2025)	0.04%	23.1336	21.4478	Invest
UTI Banking & PSU Fund- Regular Plan - Growth Option	22.5419 (12-12-2025)	22.5409 (11-12-2025)	0%	22.5679	20.9242	Invest
Kotak Banking and PSU Debt - Growth	67.249 (12-12-2025)	67.2375 (11-12-2025)	0.02%	67.4064	62.4463	Invest
ICICI Prudential Banking and PSU Debt Fund - Growth	33.6364 (12-12-2025)	33.6242 (11-12-2025)	0.04%	33.6899	31.2701	Invest
HSBC Banking and PSU Debt Fund - Regular Growth	24.8893 (12-12-2025)	24.8888 (11-12-2025)	0%	24.9561	23.143	Invest
SBI Banking & PSU Fund - Regular Paln - Growth	3198.6440 (12-12-2025)	3198.5918 (11-12-2025)	0%	3203.2	2972.77	Invest
HDFC FMP 1359D SEPTEMBER 2022 SERIES 46 REGULAR GROWTH	10.5981 ()	11.6617 (2024-11-18)	0%	11.7346	11.7234	Invest
Axis Banking & PSU Debt Fund - Regular Plan - Growth option	2704.6012 (12-12-2025)	2704.3691 (11-12-2025)	0.01%	2710.17	2515.11	Invest
Sundaram Banking and PSU Fund - Regular Plan - Growth	44.1691 (12-12-2025)	44.1726 (11-12-2025)	-0.01%	44.2961	41.0748	Invest
LIC MF Banking & PSU Debt Fund-Growth	35.6638 (12-12-2025)	35.6609 (11-12-2025)	0.01%	35.7684	33.1875	Invest
LIC MF Banking & PSU Fund-Regular Plan-Growth	35.6638 (12-12-2025)	35.6609 (11-12-2025)	0.01%	35.7684	33.1875	Invest
HDFC Banking and PSU Debt Fund - Growth Option	23.5948 (12-12-2025)	23.5941 (11-12-2025)	0%	23.6581	21.9669	Invest
BAJAJ FINSERV BANKING AND PSU FUND REGULAR PLAN GROWTH	11.6818 (12-12-2025)	11.6828 (11-12-2025)	-0.01%	11.7189	10.8819	Invest
Nippon India Banking & PSU Fund - Growth Plan - Growth Option	21.2524 (12-12-2025)	21.2529 (11-12-2025)	-0%	21.3277	19.802	Invest
Aditya Birla Sun Life Banking & PSU Debt Fund - Regular Plan-Growth	375.8363 (12-12-2025)	375.825 (11-12-2025)	0%	376.79	350.239	Invest
Edelweiss Banking and PSU Debt Fund - Regular Plan - Growth Option	25.2372 (12-12-2025)	25.2337 (11-12-2025)	0.01%	25.287	23.5011	Invest
INVESCO INDIA BANKING AND PSU FUND - Growth Option	2319.9181 (12-12-2025)	2319.6291 (11-12-2025)	0.01%	2324.63	2164.21	Invest
Bandhan Banking & PSU Fund - Regular Growth	25.2041 (12-12-2025)	25.2059 (11-12-2025)	-0.01%	25.2495	23.531	Invest
SBI FIXED MATURITY PLAN (FMP) SERIES 72 (1239 DAYS) REGULAR GROWTH	12.3687 (14-12-2025)	12.3653 (12-12-2025)	0.03%	12.3687	11.5615	Invest

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

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ICICI Prudential Banking and PSU Debt Fund - Growth 3Y Returns 7.57% VS

UTI Banking & PSU Fund- Regular Plan - Growth Option 3Y Returns 7.3%

Kotak Banking and PSU Debt - Growth 3Y Returns 7.47% VS

UTI Banking & PSU Fund- Regular Plan - Growth Option 3Y Returns 7.3%

INVESCO INDIA BANKING AND PSU FUND - Growth Option 3Y Returns 7.29% VS

LIC MF Banking & PSU Fund-Regular Plan-Growth 3Y Returns 7.24%

Nippon India Banking & PSU Fund - Growth Plan - Growth Option 3Y Returns 7.33% VS

LIC MF Banking & PSU Fund-Regular Plan-Growth 3Y Returns 7.24%

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.