• Mutual Funds
  • SBI Mutual Fund
  • SBI Banking and PSU Fund (PIDCW-M)
SBI Mutual Fund

SBI Banking and PSU Fund (PIDCW-M)

DebtBanking And Psu

1195.4777

NAV (Oct 03)

5.378%
3 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in banking and psu mutual funds.

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.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Good

The performance of the fund on a Consistency of Credit Quality metric has been Good

Fund Size

Good

The performance of the fund on a Fund Size metric has been Good

Invest in this fund
Scripbox Recommended Debt Funds
Want the Debt funds that are right for your short term investment needs?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

1195.4777

NAV (Oct 3)

Fund Returns

Last 1Y
7.8%
Last 3Y
5.4%
Last 5Y
6.1%
Last 10Y
7.1%
Since Inception
7.5%
6 Month CAGR
4.1%

Scheme Information

Investment Objective

The scheme seeks to generate regular income through a judicious mix of portfolio comprising predominantly debt and money market securities of Banks, Public Sector Undertakings, Public Financial Institutions and Municipal bodies.

Expense Ratio
0.81
Launched (0y ago)
0.81
AUM in Crores
3774.2
ISIN
INF200K01U82
Lock-in
-
Benchmark
Nifty Banking & PSU Debt Index A-II
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
-
Standard Deviation
1.2
Beta
2.2
Sharpe Ratio
-0.5
YTM
-
Fund Managers

Ardhendu Bhattacharya

Fund Manager

Pradeep Kesavan

Fund Manager

Rajeev Radhakrishnan

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
SBI Banking and PSU Fund (PIDCW-M)70%8,49,229 1,16,6176.1%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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.

Asset allocation and Holdings

Last updated on 2024-03-13

Top Debt Holdings

GOI

8.4%
8.36%

GOI

6.3%
6.3%

Nuclear Power Corpn. Of India Ltd.

5.3%
5.31%

ONGC Petro Additions Ltd.

4.5%
4.53%

GOI

4%
3.99%
See all holdings

Comparison with Debt Funds

Fund NameFund Size
edelweiss
BHARAT Bond ETF FOF - April 2032 (G)

₹ 4,457 cr

₹ 9,577 cr

₹ 15,209 cr

₹ 8,093 cr

₹ 4,566 cr

amc-img

About the AMC

SBI Mutual Fund

The SBI Mutual Fund Trustee Company Private Limited was set up as a trust under the Trust Act of 1882. This Trust controls the SBI Mutual Fund, one of India’s largest and oldest MFs. The SBI Mutual Fund is a Joint Venture (JV) between one of India’s largest and most profitable banks, the State Bank of India, and Amundi, which is a French asset management company.amc-img
phone-img022-61793000 / 1800-425-5425
Fund NameScripbox Opinion
Till Date CAGR

10.986%

14.605%

16.262%

6.39%

20.823%

15.464%

27.736%

16.581%

27.515%

17.55%

SBI Banking and PSU Fund (PIDCW-M) Review

SBI Banking and PSU Fund (PIDCW-M) is a Debt Debt fund and has delivered an annualised return of 7.461% over a period of 14 years. The fund is managed by SBI Mutual Fund. The fund managers are Ardhendu Bhattacharya, Pradeep Kesavan, Rajeev Radhakrishnan.

Nav of SBI Banking and PSU Fund (PIDCW-M) as of 10/3/2024 is ₹1195.48 with the total AUM as of 10/4/2024 is ₹3774.2387. With Scripbox you can compare and check the latest nav for all mutual funds in India. SBI Banking and PSU Fund (PIDCW-M) was launched on 2009-10-09. The category risk of the fund is Average.

The minimum SIP amount for SBI Banking and PSU Fund (PIDCW-M) 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.

SBI Banking and PSU Fund (PIDCW-M) 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 Nifty Banking & PSU Debt Index A-II.

SBI Banking and PSU Fund (PIDCW-M) is rated as a 2 fund in Debt and delivered 7.785% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with SBI Banking and PSU Fund (PIDCW-M).

Frequently Asked Questions

What is SBI Banking and PSU Fund (PIDCW-M)?

SBI Banking and PSU Fund (PIDCW-M) is a Debt Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in SBI Banking and PSU Fund (PIDCW-M)?

You can invest in SBI Banking and PSU Fund (PIDCW-M) 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 SBI Banking and PSU Fund (PIDCW-M)?

The minimum sip amount for SBI Banking and PSU Fund (PIDCW-M) is ₹1000. You can invest in multiples of ₹5000.

Is SBI Banking and PSU Fund (PIDCW-M) good to invest in?

As per Scripbox experts, SBI Banking and PSU Fund (PIDCW-M) is a 2 fund. You can investSBI Banking and PSU Fund (PIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the SBI Banking and PSU Fund (PIDCW-M)?

The expense ratio of the SBI Banking and PSU Fund (PIDCW-M) is 0.81% for regular plan.