August 13, 2025
RA Jainee
Sundaram Banking & PSU Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 44.0141
NAV IDCW Monthly: Rs 11.7556
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 and capital appreciation by predominantly investing in debt instruments of Banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds.
Fund Manager:
1) Dwijendra Srivastava
Education: Mr. Srivastava is B.Tech , PGDM (Finance) and CFA.
Experience: Prior to joining Sundaram Mutual Fund he has worked with PGIM India Mutual Fund, JM Financial AMC, Tata AMC Private Ltd., Tower Capital and Securities, Indo Swiss Financial and Gontermann Pipers.
2) Sandeep Agarwal
Education: Mr. Agarwal is a B.Com (H) from University of Kota, Chartered Accountant and CS.
Experience: Prior to joining Sundaram Mutual Fund he has worked with Deutsche AMC.
3) Yash Pankaj Sanghvi
Education: B.Tech (Electronics), PGDM (Finance)
Experience: Prior to joining Sundaram MF, he was associated with LIC Mutual Fund.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 5,000 |
| Min. SIP Investment (Rs) | 250 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Sundaram Banking & PSU Fund
| Fund House | Sundaram Mutual Fund |
| Launch Date | 09-Jan-13 |
| Return Since Launch | 7.26% |
| Benchmark | Nifty Banking & PSU Debt Index A-II |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 471 Cr |
| (As on 31-Jul-2025) | |
| Expense | 0.27% |
| (As on 31-Jul-2025) | |
| Risk Grade | Average |
| Return Grade | Below Average |
Trailing Returns (%) of Sundaram Banking & PSU Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Sundaram Banking & PSU Dir | 5.46 | -0.09 | 0.19 | 1.63 | 4.60 | 8.60 | 7.49 | 5.73 | 6.86 | 6.80 |
| CCIL T Bill Liquidity Weight | 3.19 | 0.01 | 0.26 | 1.21 | 2.51 | 4.95 | 4.54 | 3.57 | 3.72 | 3.91 |
| Debt: Banking and PSU | 5.50 | -0.10 | 0.17 | 1.72 | 4.60 | 8.60 | 7.63 | 6.22 | 7.45 | 7.59 |
| Rank within category | 13 | 9 | 9 | 17 | 12 | 13 | 16 | 15 | 15 | — |
| Number of funds in category | 22 | 22 | 22 | 22 | 22 | 22 | 20 | 17 | 16 | 13 |
Peer Comparison of Sundaram Banking & 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 | |
| Sundaram Banking & PSU Dir | 3 star | 8.60 | 7.49 | 5.73 | 0.27 | 471 | 7.26 | — | 12Y 7M |
| Bandhan Banking and PSU Dir | 4 star | 8.27 | 7.47 | 6.13 | 0.33 | 13,392 | 7.82 | — | 12Y 5M |
| Axis Banking & PSU Debt Dir | 4 star | 8.65 | 7.40 | 6.13 | 0.35 | 13,286 | 7.88 | — | 12Y 7M |
| ICICI Pru Banking & PSU Debt Dir | 5 star | 8.51 | 8.06 | 6.72 | 0.39 | 10,354 | 8.22 | — | 12Y 7M |
| ABSL Banking & PSU Debt Dir | 4 star | 8.61 | 7.71 | 6.40 | 0.39 | 9,143 | 8.47 | — | 12Y 7M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 37 | 66 |
| Macaulay Duration (yrs) | 3.01 | 3.57 |
| Average Maturity (yrs) | 3.87 | 4.68 |
| Yield to Maturity (%) | 6.51 | 6.65 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Sundaram Banking & PSU Fund
WILL Post Soon
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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