₹ 37.25
NAV (Apr 30)
Banking And Psu funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
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 Scheme seek to generate income and capital appreciation by primarily investing in a portfolio of high quality Debt and Money Market Securities that are issued by Banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds.
Expense Ratio | 0.28 % |
Launched 12Y ago | 2013-01-03 |
AUM in Crores | 1701.8 |
ISIN | INF767K01GI4 |
Lock-in (days) | No Lock-in |
Benchmark | Nifty Banking & PSU Debt Index A-II |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | - |
Standard Deviation | 1 |
Beta | 2.1 |
Sharpe Ratio | 0.2 |
YTM | - |
GOI
5.15%Small Industries Devp. Bank of India Ltd.
4.23%Power Grid Corporation Of India Ltd.
3.85%Bank Of Baroda
3.55%Power Grid Corporation Of India Ltd.
3.46%Fund Name | Fund Size | |
---|---|---|
₹ 4,772 cr | ||
₹ 9,086 cr | ||
₹ 14,724 cr | ||
₹ 42,292 cr | ||
₹ 13,733 cr |