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

There are 20 Banking & PSU Debt Funds in India. The top performer is Franklin India Banking & PSU Debt Fund - Growth by Franklin Templeton Mutual Fund with a 3-year CAGR of 7.15%. 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 6.86%. 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	Franklin India Banking and PSU Debt Fund · Regular · Growth Franklin Templeton Mutual Fund	₹479 Cr	₹23.88	+5.71%	+7.15%	+6.08%	+6.98%	+7.38% Feb 2013	Invest
2	ICICI Prudential Banking and PSU Debt Fund · Regular · Growth ICICI Prudential Mutual Fund	₹9,507 Cr	₹34.68	+5.26%	+7.15%	+6.46%	+7.06%	+7.81% Jan 2010	Invest
3	Kotak Banking and PSU Debt Fund · Regular · Growth Kotak Mahindra Mutual Fund	₹5,430 Cr	₹69.26	+5.22%	+7.12%	+6.26%	+7.18%	+7.28% Dec 1998	Invest
4	UTI Banking and PSU Fund · Regular · Growth UTI Mutual Fund	₹1,085 Cr	₹23.27	+5.40%	+7.02%	+7.35%	—	+6.35% Feb 2014	Invest
5	SUNDARAM BANKING and PSU FUND · Regular · Growth Sundaram Mutual Fund	₹334 Cr	₹45.44	+4.85%	+6.99%	+5.83%	+6.39%	+7.28% Dec 2004	Invest
6	Invesco India Banking and PSU Fund · Regular · Growth Invesco Mutual Fund	₹129 Cr	₹2388.46	+4.77%	+6.95%	+5.51%	+6.33%	+6.63% Dec 2012	Invest
7	HDFC Banking and PSU Debt Fund · Regular · Growth HDFC Mutual Fund	₹5,581 Cr	₹24.28	+4.79%	+6.94%	+6.00%	+6.97%	+7.48% Mar 2014	Invest
8	Bandhan Banking and PSU Fund · Regular · Growth Bandhan Mutual Fund	₹12,499 Cr	₹26.08	+5.29%	+6.89%	+5.95%	+6.96%	+7.44% Feb 2013	Invest
9	Nippon India Banking and PSU Fund · Regular · Growth Nippon India Mutual Fund	₹5,365 Cr	₹21.88	+4.63%	+6.88%	+5.97%	+7.01%	+7.25% May 2015	Invest
10	Axis Banking and PSU Debt Fund · Regular · Growth Axis Mutual Fund	₹13,007 Cr	₹2784.87	+4.99%	+6.86%	+5.92%	+6.97%	+7.53% Jun 2012	Invest
11	Aditya Birla Sun Life Banking and PSU Debt Fund · Regular · Growth Aditya Birla Sun Life Mutual Fund	₹8,978 Cr	₹386.03	+4.57%	+6.86%	+6.01%	+7.03%	+7.70% May 2008	Invest
12	DSP Banking and PSU Debt Fund · Regular · Growth DSP Mutual Fund	₹3,691 Cr	₹25.26	+4.31%	+6.85%	+5.87%	+6.85%	+7.49% Sep 2013	Invest
13	LIC MF Banking and PSU Fund · Regular · Growth LIC Mutual Fund	₹1,867 Cr	₹36.69	+4.63%	+6.85%	+5.75%	+6.54%	+7.03% May 2007	Invest
14	SBI Banking and PSU Fund · Regular · Growth SBI Mutual Fund	₹1,234 Cr	₹3286.98	+4.72%	+6.84%	+5.74%	+6.70%	+7.36% Oct 2009	Invest
15	HSBC Banking and PSU Debt Fund · Regular · Growth HSBC Mutual Fund	₹4,350 Cr	₹25.60	+4.87%	+6.71%	+5.36%	+6.54%	+5.12% Sep 2007	Invest
16	Edelweiss Banking and PSU Debt Fund · Regular · Growth Edelweiss Mutual Fund	₹492 Cr	₹25.83	+4.01%	+6.69%	+5.94%	+7.20%	+7.67% Sep 2013	Invest
17	ITI Banking and PSU Fund · Regular · Growth ITI Mutual Fund	₹37.5 Cr	₹13.68	+4.47%	+6.56%	+5.82%	—	+5.63% Oct 2020	Invest
18	Mirae Asset Banking and PSU Fund · Regular · Growth Mirae Asset Mutual Fund	₹43.8 Cr	₹13.58	+4.09%	+6.53%	+5.55%	—	+5.26% Jul 2020	Invest
19	Canara Robeco Banking and PSU Debt Fund · Regular · Growth Canara Robeco Mutual Fund	₹193 Cr	₹12.69	+4.67%	+6.49%	—	—	+6.32% Aug 2022	Invest
―	Category averagemedian of 40 funds	—	—	+4.99%	+7.06%	+6.05%	—	+7.41%

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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