Banking and PSU Funds are mandated to invest a minimum of 80% of total assets in debt instruments issued by Banks, Public Sector Undertakings and Public Financial Institutions.
They tend to invest in medium to long duration securities and hence are exposed to higher variations when interest rates change.
The category accounts for close to 8% of the total assets in the Debt Segment.
We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
The performance of the fund on a Fund Size metric has been Good
The performance of the fund on a Rolling Returns metric has been Good
NAV (Dec 1)
6 Month CAGR
To generate income / capital appreciation through investments in debt and money market instruments consisting predominantly of securities issued by entities such as Scheduled Commercial Banks (SCBs),Public Sector undertakings (PSUs),Public Financial Institutions (PFIs),Municipal Corporations and such other bodies. There is no assurance that the investment objective of the Scheme will be realized.
Launched (9y ago)
Mar 26, 2014
AUM in Crores
IISL NIFTY Banking and PSU Debt TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|HDFC Banking & PSU Debt Fund (Growth)||8,65,512||1,32,900||6.9%|
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
hdfc bank limited3.6%
small industries development bank of india3.5%
7.26% govt stock 20333.3%
7.18% govt stock 20333.3%
kotak mahindra bank limited (formerly kotak mahindra finance limited)3.1%
HDFC Asset Management Company Limited
|Fund Name||Scripbox Opinion||Till Date CAGR|
HDFC Banking & PSU Debt Fund (G) is a Banking And Psu Debt fund and has delivered an annualised return of 7.6% over a period of 9 years. The fund is managed by HDFC Asset Management Co Ltd. The fund managers are Anil Bamboli, Dhruv Muchhal, Priya Ranjan.
Nav of HDFC Banking & PSU Debt Fund (G) as of 12/1/2023 is ₹20.26 with the total AUM as of 12/3/2023 is ₹6411.326. With Scripbox you can compare and check the latest nav for all mutual funds in India. HDFC Banking & PSU Debt Fund (G) was launched on Mar 26, 2014. The category risk of the fund is Moderate Risk.
The minimum SIP amount for HDFC Banking & PSU Debt Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
HDFC Banking & PSU Debt Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to IISL NIFTY Banking and PSU Debt TR INR.
HDFC Banking & PSU Debt Fund (G) is rated as a 4 fund in Debt and delivered 6.5% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with HDFC Banking & PSU Debt Fund (G).
What is HDFC Banking & PSU Debt Fund (G)?
How to invest in HDFC Banking & PSU Debt Fund (G)?
You can invest in HDFC Banking & PSU Debt Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of HDFC Banking & PSU Debt Fund (G)?
The minimum sip amount for HDFC Banking & PSU Debt Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is HDFC Banking & PSU Debt Fund (G) good to invest in?
As per Scripbox experts, HDFC Banking & PSU Debt Fund (G) is a Top Ranked fund. You can investHDFC Banking & PSU Debt Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the HDFC Banking & PSU Debt Fund (G)?
The expense ratio of the HDFC Banking & PSU Debt Fund (G) is 0.81% for regular plan.