fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
fincash number+91-22-62820123
Top 5 Best Banking and PSU Debt Funds 2020 - Fincash

Fincash » Mutual Funds India » Best Banking and PSU Funds

Top 5 Best Banking and PSU Debt Funds 2020

Updated on September 23, 2020 , 10724 views

Banking and PSU Debt Funds are the new sub-category introduced by the Securities and Exchange Board of India (SEBI) in the debt Mutual Fund category. These funds predominantly invests in debt and money market instruments consisting of securities issued by entities such as Banks, Public Financial Institutions, Public Sector Undertakings, etc. This option is considered to maintain an optimum balance of liquidity, safety, and yield.

The Banking and PSU Debt fund belongs to the short term category of debt funds that aims to offer secured returns and minimise risk by Investing in good-quality debt instruments predominately issued by banks and public sector undertakings. Investors who are keen to invest for a short duration, ideally for 2-3 years can invest in this scheme.

Here are some of the best performing Banking and PSU debt Funds 2020 - 2021.

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Banking-PSU-Funds

Top Performing Banking and PSU Debt Funds

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)2019 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
HDFC Banking and PSU Debt Fund Growth ₹17.3598
↓ -0.01
₹8,17328.410.48.310.26.09%2Y 7M 20D3Y 7M 13D
UTI Banking & PSU Debt Fund Growth ₹15.8182
↑ 0.01
₹2311.17.59.24.6-14.96%2Y 6M 11D3Y 4M 18D
DSP BlackRock Banking and PSU Debt Fund Growth ₹18.255
↓ 0.00
₹3,5221.18.810.88.39.95.11%2Y 9M 7D3Y 3M 22D
Kotak Banking and PSU Debt fund Growth ₹49.0821
↓ -0.01
₹9,1321.78.110.58.610.80%3Y 11M 23D
Aditya Birla Sun Life Banking & PSU Debt Fund Growth ₹275.828
↓ -0.07
₹13,5191.58.510.48.49.95.51%2Y 11M 16D3Y 9M 22D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 25 Sep 20

Top 5 Best Performing Banking and PSU Debt Funds

1. HDFC Banking and PSU Debt Fund

To generate regular income through investments in debt and money market instruments consisting predominantly of securities issued by entities such as Scheduled Commercial Banks and Public Sector undertakings. There is no assurance that the investment objective of the Scheme will be realized.

HDFC Banking and PSU Debt Fund is a Debt - Banking & PSU Debt fund was launched on 26 Mar 14. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 8.8% since its launch.  Ranked 6 in Banking & PSU Debt category.  Return for 2019 was 10.2% , 2018 was 5.9% and 2017 was 6.3% .

Below is the key information for HDFC Banking and PSU Debt Fund

HDFC Banking and PSU Debt Fund
Growth
Launch Date 26 Mar 14
NAV (25 Sep 20) ₹17.3598 ↓ -0.01   (-0.04 %)
Net Assets (Cr) ₹8,173 on 31 Aug 20
Category Debt - Banking & PSU Debt
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately Low
Expense Ratio 0.26
Sharpe Ratio 1.77
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 6.09%
Effective Maturity 3 Years 7 Months 13 Days
Modified Duration 2 Years 7 Months 20 Days

Growth of 10,000 investment over the years.

DateValue
31 Aug 15₹10,000
31 Aug 16₹11,048
31 Aug 17₹11,992
31 Aug 18₹12,470
31 Aug 19₹13,751
31 Aug 20₹15,179

HDFC Banking and PSU Debt Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹206,148.
Net Profit of ₹26,148
Invest Now

Returns for HDFC Banking and PSU Debt Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Sep 20

DurationReturns
1 Month 0.6%
3 Month 2%
6 Month 8.4%
1 Year 10.4%
3 Year 8.3%
5 Year 8.7%
10 Year
15 Year
Since launch 8.8%
Historical performance (Yearly) on absolute basis
YearReturns
2019 10.2%
2018 5.9%
2017 6.3%
2016 10.8%
2015 9.8%
2014
2013
2012
2011
2010
Fund Manager information for HDFC Banking and PSU Debt Fund
NameSinceTenure
Anil Bamboli26 Mar 146.44 Yr.
Chirag Dagli31 Jul 191.09 Yr.

Data below for HDFC Banking and PSU Debt Fund as on 31 Aug 20

Asset Allocation
Asset ClassValue
Cash8.81%
Debt91.19%
Debt Sector Allocation
SectorValue
Government59.09%
Corporate32.09%
Cash Equivalent8.81%
Credit Quality
RatingValue
A4.89%
AA15.29%
AAA79.76%
Below B0.06%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Debentures | -
3%₹270 Cr2,500
Food Corporation Of India
Debentures | -
3%₹248 Cr2,300
↑ 500
Housing And Urban Development Corporation Ltd.
Debentures | -
3%₹224 Cr2,000
↑ 1,000
National Highways Authority Of India
Debentures | -
3%₹213 Cr2,050
State Bank Of India
Debentures | -
3%₹206 Cr2,015
INDIAN RAILWAY FINANCE CORPORATION LIMITED
Debentures | -
2%₹184 Cr1,750
↑ 750
Union Bank Of India
Debentures | -
2%₹173 Cr1,720
↑ 50
5.79% Govt Stock 2030
Sovereign Bonds | -
2%₹157 Cr16,000,000
State Bank Of India
Debentures | -
2%₹138 Cr1,250
Syndicate Bank
Debentures | -
2%₹137 Cr1,350

2. UTI Banking & PSU Debt Fund

The investment objective of the scheme is to generate steady and reasonable income, with low risk and high level of liquidity from a portfolio of predominantly debt & money market securities by Banks and Public Sector Undertakings (PSUs).

UTI Banking & PSU Debt Fund is a Debt - Banking & PSU Debt fund was launched on 3 Feb 14. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.1% since its launch.  Ranked 3 in Banking & PSU Debt category.  Return for 2019 was -1% , 2018 was 6.8% and 2017 was 6.4% .

Below is the key information for UTI Banking & PSU Debt Fund

UTI Banking & PSU Debt Fund
Growth
Launch Date 3 Feb 14
NAV (25 Sep 20) ₹15.8182 ↑ 0.01   (0.03 %)
Net Assets (Cr) ₹231 on 31 Aug 20
Category Debt - Banking & PSU Debt
AMC UTI Asset Management Company Ltd
Rating
Risk Moderate
Expense Ratio 0.35
Sharpe Ratio 0.85
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 4.96%
Effective Maturity 3 Years 4 Months 18 Days
Modified Duration 2 Years 6 Months 11 Days

Growth of 10,000 investment over the years.

DateValue
31 Aug 15₹10,000
31 Aug 16₹11,033
31 Aug 17₹12,041
31 Aug 18₹12,675
31 Aug 19₹12,821
31 Aug 20₹13,769

UTI Banking & PSU Debt Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for UTI Banking & PSU Debt Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Sep 20

DurationReturns
1 Month 0.5%
3 Month 1.1%
6 Month 7.5%
1 Year 9.2%
3 Year 4.6%
5 Year 6.6%
10 Year
15 Year
Since launch 7.1%
Historical performance (Yearly) on absolute basis
YearReturns
2019 -1%
2018 6.8%
2017 6.4%
2016 11.7%
2015 8.6%
2014
2013
2012
2011
2010
Fund Manager information for UTI Banking & PSU Debt Fund
NameSinceTenure
Sudhir Agarwal3 Feb 146.58 Yr.

Data below for UTI Banking & PSU Debt Fund as on 31 Aug 20

Asset Allocation
Asset ClassValue
Cash36.31%
Debt63.69%
Debt Sector Allocation
SectorValue
Government43.76%
Corporate38.37%
Cash Equivalent17.87%
Credit Quality
RatingValue
AAA95.11%
Below B4.89%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
National Bank For Agriculture And Rural Development
Debentures | -
7%₹16 Cr150
Power Finance Corporation Ltd.
Debentures | -
6%₹15 Cr150
↑ 150
Indian Railway Finance Corporation Limited
Debentures | -
6%₹15 Cr150
Chennai Petroleum Corporation Ltd
Debentures | -
6%₹15 Cr150
Rec Limited
Debentures | -
6%₹13 Cr130
HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED (HUDCO)
Debentures | -
6%₹13 Cr125
NTPC Limited
Debentures | -
5%₹11 Cr100
Hindustan Petroleum Corporation Limited
Debentures | -
5%₹10 Cr100
Small Industries Development Bank Of India
Debentures | -
5%₹10 Cr100
Jorabat Shillong Expressway Limited
Debentures | -
4%₹10 Cr2,000

3. DSP BlackRock Banking and PSU Debt Fund

The investment objective of the Scheme is to 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 and public sector entities/undertakings.

DSP BlackRock Banking and PSU Debt Fund is a Debt - Banking & PSU Debt fund was launched on 14 Sep 13. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.9% since its launch.  Ranked 20 in Banking & PSU Debt category.  Return for 2019 was 9.9% , 2018 was 6.3% and 2017 was 5.4% .

Below is the key information for DSP BlackRock Banking and PSU Debt Fund

DSP BlackRock Banking and PSU Debt Fund
Growth
Launch Date 14 Sep 13
NAV (25 Sep 20) ₹18.255 ↓ 0.00   (0.00 %)
Net Assets (Cr) ₹3,522 on 31 Aug 20
Category Debt - Banking & PSU Debt
AMC DSP BlackRock Invmt Managers Pvt. Ltd.
Rating
Risk Moderate
Expense Ratio 0.5
Sharpe Ratio 1.99
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 500
Exit Load 0-1 Months (0.25%),1 Months and above(NIL)
Yield to Maturity 5.11%
Effective Maturity 3 Years 3 Months 22 Days
Modified Duration 2 Years 9 Months 7 Days

Growth of 10,000 investment over the years.

DateValue
31 Aug 15₹10,000
31 Aug 16₹10,982
31 Aug 17₹11,901
31 Aug 18₹12,355
31 Aug 19₹13,659
31 Aug 20₹15,072

DSP BlackRock Banking and PSU Debt Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹206,148.
Net Profit of ₹26,148
Invest Now

Returns for DSP BlackRock Banking and PSU Debt Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Sep 20

DurationReturns
1 Month 0.5%
3 Month 1.1%
6 Month 8.8%
1 Year 10.8%
3 Year 8.3%
5 Year 8.6%
10 Year
15 Year
Since launch 8.9%
Historical performance (Yearly) on absolute basis
YearReturns
2019 9.9%
2018 6.3%
2017 5.4%
2016 10.6%
2015 8.6%
2014 10.4%
2013
2012
2011
2010
Fund Manager information for DSP BlackRock Banking and PSU Debt Fund
NameSinceTenure
Vikram Chopra17 Jul 164.13 Yr.
Saurabh Bhatia15 Feb 182.54 Yr.

Data below for DSP BlackRock Banking and PSU Debt Fund as on 31 Aug 20

Asset Allocation
Asset ClassValue
Cash8.36%
Debt91.64%
Debt Sector Allocation
SectorValue
Government79.73%
Corporate14.75%
Cash Equivalent5.53%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.27% Govt Stock 2026
Sovereign Bonds | -
14%₹477 Cr43,500,000
↑ 6,000,000
NTPC Limited
Debentures | -
9%₹324 Cr3,050
↑ 1,500
7.59% Govt Stock 2026
Sovereign Bonds | -
8%₹289 Cr26,500,000
Hindustan Petroleum Corporation Limited
Debentures | -
8%₹268 Cr2,450
Power Finance Corporation Limited
Debentures | -
4%₹152 Cr1,450
↓ -100
National Bank For Agriculture And Rural Development
Debentures | -
4%₹130 Cr1,250
↑ 400
6.97% Govt Stock 2026
Sovereign Bonds | -
3%₹108 Cr10,000,000
↑ 10,000,000
Power Finance Corporation Limited
Debentures | -
3%₹105 Cr1,000
↑ 150
Indian Oil Corporation Limited
Debentures | -
3%₹102 Cr1,000
↓ -500
National Housing Bank
Debentures | -
3%₹89 Cr800

4. Kotak Banking and PSU Debt fund

To generate income by predominantly investing in debt & money market securities issued by Banks & PSUs and Reverse Repos in such securities, sovereign securities issued by the Central Government and State Governments, and / or any security unconditionally guaranteed by the Govt. of India.

Kotak Banking and PSU Debt fund is a Debt - Banking & PSU Debt fund was launched on 29 Dec 98. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of since its launch.  Ranked 19 in Banking & PSU Debt category.  Return for 2019 was 10.8% , 2018 was 6.7% and 2017 was 6.2% .

Below is the key information for Kotak Banking and PSU Debt fund

Kotak Banking and PSU Debt fund
Growth
Launch Date 29 Dec 98
NAV (25 Sep 20) ₹49.0821 ↓ -0.01   (-0.02 %)
Net Assets (Cr) ₹9,132 on 31 Aug 20
Category Debt - Banking & PSU Debt
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately Low
Expense Ratio 0.38
Sharpe Ratio 1.74
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 0%
Effective Maturity 3 Years 11 Months 23 Days
Modified Duration

Growth of 10,000 investment over the years.

DateValue
31 Aug 15₹10,000
31 Aug 16₹10,929
31 Aug 17₹11,880
31 Aug 18₹12,394
31 Aug 19₹13,779
31 Aug 20₹15,185

Kotak Banking and PSU Debt fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹206,148.
Net Profit of ₹26,148
Invest Now

Returns for Kotak Banking and PSU Debt fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Sep 20

DurationReturns
1 Month 0.6%
3 Month 1.7%
6 Month 8.1%
1 Year 10.5%
3 Year 8.6%
5 Year 8.7%
10 Year
15 Year
Since launch
Historical performance (Yearly) on absolute basis
YearReturns
2019 10.8%
2018 6.7%
2017 6.2%
2016 10%
2015 8.6%
2014 9.5%
2013 9.8%
2012 7.6%
2011 7.9%
2010 3.7%
Fund Manager information for Kotak Banking and PSU Debt fund
NameSinceTenure
Deepak Agrawal15 Apr 0812.39 Yr.

Data below for Kotak Banking and PSU Debt fund as on 31 Aug 20

Asset Allocation
Asset ClassValue
Cash11.3%
Debt88.7%
Debt Sector Allocation
SectorValue
Government67.92%
Corporate22.62%
Cash Equivalent9.46%
Credit Quality
RatingValue
A0.77%
AA14.27%
AAA84.97%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
State Bank Of India
Debentures | -
5%₹429 Cr3,900
↑ 2,000
7.59% Govt Stock 2026
Sovereign Bonds | -
4%₹394 Cr36,500,000
↓ -17,500,000
National Bank For Agriculture And Rural Development
Debentures | -
3%₹311 Cr3,000
7.27% Govt Stock 2026
Sovereign Bonds | -
3%₹278 Cr26,000,000
6.79% Govt Stock 2027
Sovereign Bonds | -
3%₹275 Cr26,500,000
7.42% MH SDL 2022
Sovereign Bonds | -
3%₹261 Cr25,000,000
↑ 25,000,000
5.77% GOI 2030
Sovereign Bonds | -
3%₹253 Cr26,000,000
↑ 26,000,000
182 DTB 12112020
Sovereign Bonds | -
3%₹248 Cr25,000,000
↑ 25,000,000
7.68% Govt Stock 2023
Sovereign Bonds | -
3%₹243 Cr22,500,000
National Bank For Agriculture And Rural Development
Debentures | -
2%₹207 Cr2,000
↑ 2,000

5. Aditya Birla Sun Life Banking & PSU Debt Fund

(Erstwhile Aditya Birla Sun Life Treasury Optimizer Fund)

An Open-ended short term income scheme with the objective to generate income and capital appreciation by investing 100% of the corpus in a diversified portfolio of debt and money market securities with relatively low levels of interest rate risk.

Aditya Birla Sun Life Banking & PSU Debt Fund is a Debt - Banking & PSU Debt fund was launched on 9 May 08. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.5% since its launch.  Ranked 9 in Banking & PSU Debt category.  Return for 2019 was 9.9% , 2018 was 6.6% and 2017 was 5.6% .

Below is the key information for Aditya Birla Sun Life Banking & PSU Debt Fund

Aditya Birla Sun Life Banking & PSU Debt Fund
Growth
Launch Date 9 May 08
NAV (25 Sep 20) ₹275.828 ↓ -0.07   (-0.03 %)
Net Assets (Cr) ₹13,519 on 31 Aug 20
Category Debt - Banking & PSU Debt
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderate
Expense Ratio 0.64
Sharpe Ratio 1.91
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 5.51%
Effective Maturity 3 Years 9 Months 22 Days
Modified Duration 2 Years 11 Months 16 Days

Growth of 10,000 investment over the years.

DateValue
31 Aug 15₹10,000
31 Aug 16₹11,168
31 Aug 17₹12,097
31 Aug 18₹12,597
31 Aug 19₹13,964
31 Aug 20₹15,366

Aditya Birla Sun Life Banking & PSU Debt Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹206,148.
Net Profit of ₹26,148
Invest Now

Returns for Aditya Birla Sun Life Banking & PSU Debt Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 25 Sep 20

DurationReturns
1 Month 0.5%
3 Month 1.5%
6 Month 8.5%
1 Year 10.4%
3 Year 8.4%
5 Year 8.9%
10 Year
15 Year
Since launch 8.5%
Historical performance (Yearly) on absolute basis
YearReturns
2019 9.9%
2018 6.6%
2017 5.6%
2016 12.3%
2015 8.5%
2014 12.5%
2013 9.6%
2012 9.9%
2011 9.3%
2010 5.8%
Fund Manager information for Aditya Birla Sun Life Banking & PSU Debt Fund
NameSinceTenure
Kaustubh Gupta29 Sep 0910.93 Yr.
Pranay Sinha6 Aug 200.07 Yr.

Data below for Aditya Birla Sun Life Banking & PSU Debt Fund as on 31 Aug 20

Asset Allocation
Asset ClassValue
Cash3.43%
Debt96.57%
Debt Sector Allocation
SectorValue
Government58.49%
Corporate38.07%
Cash Equivalent3.43%
Credit Quality
RatingValue
AA0.19%
AAA99.81%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.59% Govt Stock 2026
Sovereign Bonds | -
3%₹400 Cr37,000,000
↑ 4,000,000
6.79% Govt Stock 2027
Sovereign Bonds | -
3%₹378 Cr36,500,000
↓ -3,000,000
8.24% Govt Stock 2027
Sovereign Bonds | -
2%₹305 Cr27,500,000
↑ 8,000,000
National Bank For Agriculture And Rural Development
Debentures | -
2%₹300 Cr2,900
↑ 750
National Bank For Agriculture And Rural Development
Debentures | -
2%₹295 Cr2,800
Housing And Urban Development Corporation Ltd.
Debentures | -
2%₹282 Cr2,750
Power Finance Corporation Limited
Debentures | -
2%₹271 Cr2,605
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Debentures | -
2%₹270 Cr2,500
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
Debentures | -
2%₹267 Cr2,600
Housing And Urban Development Corporation Limited (Hudco)
Debentures | -
2%₹266 Cr2,600

How to Invest in Banking and PSU Funds?

  1. Open Free Investment Account for Lifetime at Fincash.com.

  2. Complete your Registration and KYC Process

  3. Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

    Get Started

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
How helpful was this page ?
Rated 3.3, based on 3 reviews.
POST A COMMENT