What are the best Banking & PSU Debt Funds in India?

There are 20 Banking & PSU Debt Funds in India. The top performer is UTI Banking & PSU Debt Fund- Regular Plan - Growth Option by UTI Mutual Fund with a 3-year CAGR of 7.17%. MFGenie shows 20 with a 3-year track record, ranked by CAGR. Data from AMFI, updated daily.

What is the average return of Banking & PSU Debt Funds?

The average 3-year CAGR is 6.58%. Past performance does not guarantee future results.

Best Banking & PSU Debt Funds

Funds investing in bank and PSU bonds. Low credit risk with stable yields. Data from AMFI, updated daily.

20 funds in this category

Looking for the full directory? View all Banking & PSU Debt Funds

Category:

Less than One Year More than One Year

#	Scheme	AUM	NAV	1Y	3Y	5Y	10Y	Since Inception
1	UTI Banking and PSU Fund · Regular · Growth UTI Mutual Fund	₹1,450 Cr	₹23.75	+5.58%	+7.17%	+7.55%	—	+6.35% Feb 2014	Invest
2	Franklin India Banking and PSU Debt Fund · Regular · Growth Franklin Templeton Mutual Fund	₹577 Cr	₹24.23	+5.17%	+7.00%	+6.11%	+6.76%	+7.30% Feb 2013	Invest
3	Kotak Banking and PSU Debt Fund · Regular · Growth Kotak Mahindra Mutual Fund	₹4,928 Cr	₹69.83	+3.97%	+6.78%	+5.98%	+6.82%	+7.22% Dec 1998	Invest
4	SUNDARAM BANKING and PSU FUND · Regular · Growth Sundaram Mutual Fund	₹263 Cr	₹45.95	+4.10%	+6.76%	+5.87%	+6.26%	+7.22% Dec 2004	Invest
5	Bandhan Banking and PSU Fund · Regular · Growth Bandhan Mutual Fund	₹12,058 Cr	₹26.40	+4.92%	+6.71%	+5.97%	+6.84%	+7.35% Feb 2013	Invest
6	Edelweiss Banking and PSU Debt Fund · Regular · Growth Edelweiss Mutual Fund	₹3,117 Cr	₹26.17	+3.83%	+6.69%	+5.73%	+7.05%	+7.58% Sep 2013	Invest
7	LIC MF Banking and PSU Fund · Regular · Growth LIC Mutual Fund	₹1,755 Cr	₹37.09	+4.05%	+6.66%	+5.77%	+6.34%	+6.97% May 2007	Invest
8	ICICI Prudential Banking and PSU Debt Fund · Regular · Growth ICICI Prudential Mutual Fund	₹8,743 Cr	₹34.95	+4.09%	+6.66%	+6.15%	+6.62%	+7.70% Jan 2010	Invest
9	Invesco India Banking and PSU Fund · Regular · Growth Invesco Mutual Fund	₹85.5 Cr	₹2405.06	+3.78%	+6.64%	+5.26%	+6.09%	+6.52% Dec 2012	Invest
10	SBI Banking and PSU Fund · Regular · Growth SBI Mutual Fund	₹3,865 Cr	₹3326.01	+4.15%	+6.63%	+5.71%	+6.54%	+7.28% Oct 2009	Invest
11	Nippon India Banking and PSU Fund · Regular · Growth Nippon India Mutual Fund	₹5,175 Cr	₹22.03	+3.63%	+6.53%	+5.76%	—	+7.10% May 2015	Invest
12	Bajaj Finserv Banking and PSU Fund · Regular · Growth Bajaj Finserv Mutual Fund	₹358 Cr	₹12.09	+3.48%	+6.53%	—	—	+6.52% Nov 2023	Invest
13	Axis Banking and PSU Debt Fund · Regular · Growth Axis Mutual Fund	₹12,130 Cr	₹2809.12	+4.01%	+6.51%	+5.87%	+6.78%	+7.42% Jun 2012	Invest
14	HDFC Banking and PSU Debt Fund · Regular · Growth HDFC Mutual Fund	₹5,200 Cr	₹24.40	+3.48%	+6.48%	+5.77%	+6.53%	+7.32% Mar 2014	Invest
15	Aditya Birla Sun Life Banking and PSU Debt Fund · Regular · Growth Aditya Birla Sun Life Mutual Fund	₹8,747 Cr	₹388.55	+3.43%	+6.46%	+5.84%	+6.55%	+7.60% May 2008	Invest
16	DSP Banking and PSU Debt Fund · Regular · Growth DSP Mutual Fund	₹3,150 Cr	₹25.36	+3.14%	+6.42%	+5.69%	+6.42%	+7.32% Sep 2013	Invest
17	HSBC Banking and PSU Debt Fund · Regular · Growth HSBC Mutual Fund	₹3,782 Cr	₹25.80	+3.72%	+6.38%	+5.29%	+6.14%	+5.07% Sep 2007	Invest
18	Mirae Asset Banking and PSU Fund · Regular · Growth Mirae Asset Mutual Fund	₹39.8 Cr	₹13.69	+3.38%	+6.30%	+5.46%	—	+5.11% Jul 2020	Invest
19	ITI Banking and PSU Fund · Regular · Growth ITI Mutual Fund	₹33.7 Cr	₹13.82	+3.77%	+6.27%	+5.75%	—	+5.48% Oct 2020	Invest
20	Canara Robeco Banking and PSU Debt Fund · Regular · Growth Canara Robeco Mutual Fund	₹172 Cr	₹12.76	+3.34%	+6.11%	—	—	+5.93% Aug 2022	Invest
―	Category averagemedian of 40 funds	—	—	+4.05%	+6.77%	+5.98%	—	+7.30%

Showing Regular-Growth plans. Returns are CAGR (annualised) for periods ≥1 year, absolute for periods <1 year. Data sourced from AMFI. Past performance is not indicative of future results.

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