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

The top performing fund in this category is Franklin India Banking & PSU Debt Fund - Growth by Franklin Templeton Mutual Fund with a 3-year CAGR of 6.95%. MFGenie ranks 20 funds in this category based on AMFI data updated daily.

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

The average 3-year CAGR is 6.41%. 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.

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

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Less than One Year More than One Year

#	Scheme	AUM	NAV	1Y	3Y	5Y	10Y	Since Inception
1	Franklin India Banking & PSU Debt Fund - Growth Franklin Templeton Mutual Fund	₹479 Cr	₹23.59	+4.99%	+6.95%	+5.88%	+7.01%	+7.36% Feb 2013	Invest
2	ICICI Prudential Banking and PSU Debt Fund - Growth ICICI Prudential Mutual Fund	₹9,507 Cr	₹34.08	+3.72%	+6.71%	+6.10%	+7.05%	+7.75% Jan 2010	Invest
3	UTI Banking & PSU Fund- Regular Plan - Growth Option UTI Mutual Fund	₹1,085 Cr	₹22.99	+4.77%	+6.70%	+7.13%	—	+6.28% Feb 2014	Invest
4	Sundaram Banking & PSU Fund (Formerly Known as Sundaram Banking and PSU Debt Fund) Regular Plan - Growth Sundaram Mutual Fund	₹334 Cr	₹44.76	+3.52%	+6.61%	+5.54%	+6.33%	+7.24% Dec 2004	Invest
5	Kotak Banking and PSU Debt - Growth Kotak Mahindra Mutual Fund	₹5,430 Cr	₹67.97	+3.39%	+6.60%	+5.91%	+7.11%	+7.24% Dec 1998	Invest
6	Aditya Birla Sun Life Banking & PSU Debt Fund - Retail Plan-Growth Aditya Birla Sun Life Mutual Fund	—	₹569.91	+2.91%	+6.43%	+5.72%	+7.05%	+16.43% Nov 1999	Invest
7	Aditya Birla Sun Life Banking & PSU Debt Fund - Regular Plan-Growth Aditya Birla Sun Life Mutual Fund	₹8,978 Cr	₹379.65	+2.91%	+6.43%	+5.72%	+7.05%	+22.30% May 2008	Invest
8	ITI Banking & PSU Debt Fund - Regular Plan - Growth Option ITI Mutual Fund	₹37.5 Cr	₹13.52	+4.07%	+6.42%	+5.69%	—	+5.55% Oct 2020	Invest
9	HDFC Banking and PSU Debt Fund - Growth Option HDFC Mutual Fund	₹5,581 Cr	₹23.82	+2.86%	+6.40%	+5.62%	+6.90%	+7.37% Mar 2014	Invest
10	LIC MF Banking & PSU Fund-Regular Plan-Growth LIC Mutual Fund	₹1,867 Cr	₹36.09	+3.06%	+6.38%	+5.42%	+6.45%	+6.98% May 2007	Invest
11	Axis Banking & PSU Debt Fund - Regular Plan - Growth option Axis Mutual Fund	₹13,007 Cr	₹2738.50	+3.59%	+6.38%	+5.63%	+6.90%	+7.46% Jun 2012	Invest
12	SBI BANKING & PSU FUND - Regular Paln - Growth SBI Mutual Fund	₹1,234 Cr	₹3233.48	+3.20%	+6.37%	+5.43%	+6.63%	+7.30% Oct 2009	Invest
13	Bandhan Banking and PSU Fund - Regular Growth Bandhan Mutual Fund	₹12,499 Cr	₹25.61	+3.79%	+6.36%	+5.63%	+6.86%	+7.35% Feb 2013	Invest
14	Invesco India Banking and PSU Fund - Regular Plan - Growth Option Invesco Mutual Fund	₹129 Cr	₹2343.04	+2.67%	+6.35%	+5.04%	+6.23%	+6.52% Dec 2012	Invest
15	Nippon India Banking and PSU Fund- Growth Plan- Growth Option Nippon India Mutual Fund	₹5,365 Cr	₹21.46	+2.64%	+6.31%	+5.59%	+6.94%	+7.13% May 2015	Invest
16	DSP Banking & PSU Debt Fund - Regular Plan - Growth DSP Mutual Fund	₹3,691 Cr	₹24.76	+1.91%	+6.25%	+5.45%	+6.77%	+7.37% Sep 2013	Invest
17	Edelweiss Banking and PSU Debt Fund - Regular Plan - Growth Option Edelweiss Mutual Fund	₹492 Cr	₹25.48	+2.79%	+6.23%	+5.65%	+7.16%	+7.63% Sep 2013	Invest
18	HSBC Banking and PSU Debt Fund - Regular Growth HSBC Mutual Fund	₹4,350 Cr	₹25.16	+3.34%	+6.19%	+5.04%	+6.49%	+5.05% Sep 2007	Invest
19	Mirae Asset Banking and PSU Fund - Regular Plan - Growth Mirae Asset Mutual Fund	₹43.8 Cr	₹13.37	+2.72%	+6.09%	+5.24%	—	+5.06% Jul 2020	Invest
20	Canara Robeco Banking and PSU Debt Fund- Regular Plan- Growth Option Canara Robeco Mutual Fund	₹193 Cr	₹12.47	+3.30%	+6.01%	—	—	+6.01% Aug 2022	Invest

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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