May 23, 2025
mayank
HDFC Banking and PSU Debt Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 24.0105
Weekly NAV IDCW: Rs 10.0603
Suitable For Which Investors?
“Banking and PSU funds invest mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions. They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.
The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.
Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.”
Fund’s Investment Strategy:
The scheme seeks to generate income / capital appreciation through investments in debt and money market instruments consisting predominantly of securities issued by entities such as Scheduled Commercial Banks (SCBs), Public Sector undertakings (PSUs), Public Financial Institutions (PFIs), Municipal Corporations and such other bodies.
Fund Manager:
1) Anil Bamboli
Education: Mr. Bamboli is a CFA from Association for Investment Management and Research, U.S.A, Masters in Management Studies (Finance) and a Graduate in Cost and Works Accountant from ICWAI.
Experience: Prior to joining HDFC AMC he has worked with SBI Fund Management for 11 years.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 100 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of HDFC Banking and PSU Debt Fund
| Fund House | HDFC Mutual Fund |
| Launch Date | 26-Mar-14 |
| Return Since Launch | 8.16% |
| Benchmark | Nifty Banking & PSU Debt Index A-II |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 6,007 Cr |
| (As on 30-Apr-2025) | |
| Expense | 0.39% |
| (As on 30-Apr-2025) | |
| Risk Grade | Average |
| Return Grade | Above Average |
Trailing Returns (%) of HDFC Banking and PSU Debt Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| HDFC Banking and PSU Debt Dir | 4.95 | 0.00 | 1.12 | 3.89 | 5.78 | 10.13 | 8.03 | 6.95 | 7.94 | 7.96 |
| CCIL T Bill Liquidity Weight | 2.23 | 0.02 | 0.49 | 1.48 | 2.63 | 5.18 | 4.45 | 3.46 | 3.72 | 3.94 |
| Debt: Banking and PSU | 4.80 | -0.01 | 1.06 | 3.77 | 5.62 | 9.93 | 7.90 | 6.61 | 7.66 | 7.72 |
| Rank within category | 10 | 9 | 9 | 10 | 10 | 11 | 6 | 4 | 5 | 6 |
| Number of funds in category | 22 | 22 | 22 | 22 | 22 | 22 | 20 | 16 | 16 | 13 |
Peer Comparison of HDFC Banking and PSU Debt Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| HDFC Banking and PSU Debt Dir | 4 star | 10.13 | 8.03 | 6.95 | 0.39 | 6,007 | 8.16 | — | 11Y 1M |
| Bandhan Banking & PSU Debt Dir | 4 star | 9.36 | 7.59 | 6.50 | 0.33 | 13,560 | 7.90 | — | 12Y 2M |
| Axis Banking & PSU Debt Dir | 4 star | 9.63 | 7.51 | 6.45 | 0.35 | 13,313 | 7.95 | — | 12Y 4M |
| ICICI Pru Banking & PSU Debt Dir | 5 star | 9.63 | 8.22 | 7.09 | 0.39 | 10,447 | 8.30 | — | 12Y 4M |
| ABSL Banking & PSU Debt Dir | 4 star | 10.19 | 8.02 | 6.88 | 0.39 | 8,826 | 8.59 | — | 12Y 4M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 90 | 62 |
| Macaulay Duration (yrs) | 4.15 | 3.60 |
| Average Maturity (yrs) | 5.55 | 5.06 |
| Yield to Maturity (%) | 6.93 | 6.81 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For HDFC Banking and PSU Debt Fund
WILL Post Soon
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