November 20, 2025
RA Jainee
SBI Banking and PSU Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 3,402.1145
Weekly NAV IDCW: Rs 1,495.2083
Monthly NAV IDCW: Rs 1,317.7645
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 regular income through a judicious mix of portfolio comprising predominantly debt and money market securities of Banks, Public Sector Undertakings, Public Financial Institutions and Municipal bodies.
Fund Manager:
1) Ardhendu Bhattacharya
Education: Mr. Bhattacharya is a MBA (Marketing) and Bachelor of Engineering.
Experience: Prior to joining SBI Mutual Fund, he has worked with ICICI Bank and Citibank.
Investment Details
| Min. Investment (₹) | 5,000 |
| Min. Addl Investment (₹) | 1,000 |
| Min. SIP Investment (₹) | 500 |
| Min. Withdrawal (₹) | 5,000 |
| Min. No of Cheques | 12 |
| Min. Balance (₹) | 1,000 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of SBI Banking and PSU Fund
| Fund House | SBI Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 7.96% |
| Benchmark | Nifty Banking & PSU Debt Index A-II |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | ₹ 4,228 Cr |
| (As on 31-Oct-2025) | |
| Expense | 0.39% |
| (As on 31-Oct-2025) | |
| Risk Grade | Average |
| Return Grade | Above Average |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| SBI Banking and PSU Dir | 7.63 | 0.04 | 0.44 | 1.91 | 2.79 | 8.47 | 7.89 | 5.98 | 7.37 | 7.49 |
| CCIL T Bill Liquidity Weight | 4.20 | 0.00 | 0.27 | 0.97 | 2.03 | 4.64 | 4.61 | 3.63 | 3.71 | 3.87 |
| Debt: Banking and PSU | 7.40 | 0.05 | 0.47 | 1.82 | 2.74 | 8.21 | 7.78 | 6.18 | 7.47 | 7.53 |
| Rank within category | 5 | 16 | 16 | 5 | 9 | 4 | 6 | 14 | 11 | — |
| Number of funds in category | 21 | 21 | 21 | 21 | 21 | 21 | 20 | 18 | 16 | 13 |
Peer Comparison of SBI Banking and PSU 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 | |
| SBI Banking and PSU Dir | 3 star | 8.47 | 7.89 | 5.98 | 0.39 | 4,228 | 7.96 | — | 12Y 10M |
| Axis Banking & PSU Debt Dir | 4 star | 8.32 | 7.61 | 6.06 | 0.34 | 13,417 | 7.85 | — | 12Y 10M |
| Bandhan Banking and PSU Dir | 4 star | 7.89 | 7.58 | 6.02 | 0.36 | 12,963 | 7.79 | — | 12Y 8M |
| ICICI Pru Banking & PSU Debt Dir | 5 star | 8.42 | 8.02 | 6.72 | 0.39 | 9,764 | 8.2 | — | 12Y 10M |
| ABSL Banking & PSU Debt Dir | 4 star | 8.28 | 7.89 | 6.30 | 0.39 | 9,241 | 8.44 | — | 12Y 10M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 51 | 70 |
| Macaulay Duration (yrs) | 3.49 | 3.19 |
| Average Maturity (yrs) | 4.94 | 4.31 |
| Yield to Maturity (%) | 6.77 | 6.69 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For SBI Banking and PSU Fund
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