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 7.18%. MFGenie shows 19 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 6.68%. 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 · showing top 19 ranked by 3-year return

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	₹1,190 Cr	₹23.60	+5.80%	+7.18%	+7.48%	—	+6.37% Feb 2014	Invest
2	Franklin India Banking and PSU Debt Fund · Regular · Growth Franklin Templeton Mutual Fund	₹534 Cr	₹24.14	+5.80%	+7.12%	+6.09%	+6.88%	+7.35% Feb 2013	Invest
3	SUNDARAM BANKING and PSU FUND · Regular · Growth Sundaram Mutual Fund	₹278 Cr	₹45.76	+4.72%	+6.87%	+5.85%	+6.32%	+7.24% Dec 2004	Invest
4	Kotak Banking and PSU Debt Fund · Regular · Growth Kotak Mahindra Mutual Fund	₹5,074 Cr	₹69.54	+4.98%	+6.87%	+5.98%	+6.94%	+7.24% Dec 1998	Invest
5	ICICI Prudential Banking and PSU Debt Fund · Regular · Growth ICICI Prudential Mutual Fund	₹8,974 Cr	₹34.87	+5.03%	+6.81%	+6.20%	+6.79%	+7.75% Jan 2010	Invest
6	Bandhan Banking and PSU Fund · Regular · Growth Bandhan Mutual Fund	₹12,156 Cr	₹26.29	+5.41%	+6.80%	+5.95%	+6.89%	+7.39% Feb 2013	Invest
7	LIC MF Banking and PSU Fund · Regular · Growth LIC Mutual Fund	₹1,850 Cr	₹36.97	+4.74%	+6.76%	+5.75%	+6.42%	+7.00% May 2007	Invest
8	Invesco India Banking and PSU Fund · Regular · Growth Invesco Mutual Fund	₹96.1 Cr	₹2398.22	+4.51%	+6.74%	+5.25%	+6.20%	+6.55% Dec 2012	Invest
9	Edelweiss Banking and PSU Debt Fund · Regular · Growth Edelweiss Mutual Fund	₹2,277 Cr	₹26.08	+4.48%	+6.73%	+5.68%	+7.13%	+7.62% Sep 2013	Invest
10	SBI Banking and PSU Fund · Regular · Growth SBI Mutual Fund	₹3,891 Cr	₹3309.60	+4.68%	+6.67%	+5.66%	+6.60%	+7.31% Oct 2009	Invest
11	Nippon India Banking and PSU Fund · Regular · Growth Nippon India Mutual Fund	₹5,181 Cr	₹21.96	+4.46%	+6.65%	+5.77%	—	+7.15% May 2015	Invest
12	Axis Banking and PSU Debt Fund · Regular · Growth Axis Mutual Fund	₹12,401 Cr	₹2797.32	+4.62%	+6.62%	+5.85%	+6.85%	+7.45% Jun 2012	Invest
13	Aditya Birla Sun Life Banking and PSU Debt Fund · Regular · Growth Aditya Birla Sun Life Mutual Fund	₹8,845 Cr	₹387.58	+4.31%	+6.60%	+5.85%	+6.73%	+7.63% May 2008	Invest
14	HDFC Banking and PSU Debt Fund · Regular · Growth HDFC Mutual Fund	₹5,270 Cr	₹24.34	+4.38%	+6.59%	+5.79%	+6.68%	+7.37% Mar 2014	Invest
15	HSBC Banking and PSU Debt Fund · Regular · Growth HSBC Mutual Fund	₹3,999 Cr	₹25.72	+4.45%	+6.51%	+5.28%	+6.29%	+5.09% Sep 2007	Invest
16	DSP Banking and PSU Debt Fund · Regular · Growth DSP Mutual Fund	₹3,373 Cr	₹25.29	+3.81%	+6.51%	+5.69%	+6.57%	+7.37% Sep 2013	Invest
17	ITI Banking and PSU Fund · Regular · Growth ITI Mutual Fund	₹36.7 Cr	₹13.78	+4.30%	+6.40%	+5.74%	—	+5.54% Oct 2020	Invest
18	Mirae Asset Banking and PSU Fund · Regular · Growth Mirae Asset Mutual Fund	₹41.6 Cr	₹13.65	+4.06%	+6.34%	+5.44%	—	+5.16% Jul 2020	Invest
19	Canara Robeco Banking and PSU Debt Fund · Regular · Growth Canara Robeco Mutual Fund	₹186 Cr	₹12.73	+4.16%	+6.20%	—	—	+6.05% Aug 2022	Invest
―	Category averagemedian of 40 funds	—	—	+4.78%	+6.87%	+5.98%	—	+7.34%

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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