SBI Banking and PSU Fund Direct Growth
NAV as on 17-04-2025
₹ 3272.73
▲0.1%
1D
Inception Returns
8%
/yr
Historical NAV & Returns
About SBI Banking and PSU Fund Direct Growth
SBI Banking and PSU Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Ardhendu Bhattacharya, Rajeev Radhakrishnan. This fund is suitable to keep your money safe.
Key Parameters
- SBI Banking and PSU Fund Direct Growth has ₹3835 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
SBI Banking and PSU Fund Direct Growth has given a CAGR return of 8.03% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.62%, 7.22% and 6.69% respectively.
Holdings
SBI Banking and PSU Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are Power Grid Corporation Of India Limited, Nuclear Power Corporation Of India Limited, National Bank For Financing Infrastructure And Development, Rural Electrification Corporation Limited, Ongc Petro Additions Ltd.
Taxation
As it is a banking & psu mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of SBI Banking and PSU Fund Direct Growth
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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Banking and PSU Fund Direct Growth has no lock in period.
SBI Banking and PSU Fund Direct Growth Overview
| Expense ratio | 0.39% |
Benchmark | NIFTY Banking & PSU Debt TR INR |
| AUM | ₹3835 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 130.63% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (17-Apr-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 3.8K Cr as of Mar'25
- AUM decreased by 38.6 Cr between Mar'25 and Feb'25
Top 2 Sectors in March were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Power Grid Corporation Of India Limited | 5.5% | 0% | |
Nuclear Power Corporation Of India Limited | 5.4% | 0% | |
National Bank For Financing Infrastructure And Development | 4.78% | 0% | |
Rural Electrification Corporation Limited | 4.63% | 16.7% | |
7.04% Andhra Pradesh State Development Loans (26/03/2033) | 4.6% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
SBI Banking and PSU Fund Direct Growth | 9.62% | 7.22% | 6.69% | 8.03% |
 Edelweiss Banking and PSU Debt Fund Direct Plan Growth | 10.1% | 7.64% | 7.28% | 8.32% |
 Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth | 9.69% | 7.46% | 7.14% | 8.54% |
 ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth | 9.42% | 7.87% | 7.45% | 8.27% |
Mutual Fund Insights
SBI Banking and PSU Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹3835 Cr
Expense Ratio 0.39%
More funds from SBI
1Y CAGR
▲ 12.66
1Y CAGR
▲ 12.43
5Y CAGR
▲ 6.87
5Y CAGR
▲ 7.68
5Y CAGR
▲ 7.38
Frequently Asked Questions for SBI Banking and PSU Fund Direct Growth
SBI Banking and PSU Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.14% | 2.14% |
6 Month Returns | 4.81% | 4.81% |
1 Year Returns | 9.62% | 9.62% |
3 Years Returns | 23.27% | 7.22% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 89.24 |
AA | 10.76 |