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 January 23, 2020 , 1262 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 ₹16.2463
↑ 0.01
₹4,8482.24.810.47.310.27.24%2Y 3M 29D3Y 18D
UTI Banking & PSU Debt Fund Growth ₹14.8701
↑ 0.01
₹1461.71.91.43.9-17.01%2Y 8M 16D3Y 6M 20D
Kotak Banking and PSU Debt fund Growth ₹45.9523
↑ 0.01
₹4,2042.24.511.17.910.87.09%2Y 10M 10D3Y 9M 22D
ICICI Prudential Banking and PSU Debt Fund Growth ₹22.9409
↑ 0.01
₹8,3172.44.110.2710.17.01%2Y 7M 24D4Y 1M 20D
Aditya Birla Sun Life Banking & PSU Debt Fund Growth ₹257.273
↑ 0.13
₹9,8451.93.910.27.39.96.7%2Y 3M 14D2Y 11M 16D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 24 Jan 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 8.7% 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 (24 Jan 20) ₹16.2463 ↑ 0.01   (0.04 %)
Net Assets (Cr) ₹4,848 on 31 Dec 19
Category Debt - Banking & PSU Debt
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately Low
Expense Ratio 0.26
Sharpe Ratio 3.44
Information Ratio 0.06
Alpha Ratio -0.99
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 7.24%
Effective Maturity 3 Years 18 Days
Modified Duration 2 Years 3 Months 29 Days

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,976
31 Dec 16₹12,164
31 Dec 17₹12,933
31 Dec 18₹13,692
31 Dec 19₹15,093

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 24 Jan 20

DurationReturns
1 Month 0.8%
3 Month 2.2%
6 Month 4.8%
1 Year 10.4%
3 Year 7.3%
5 Year 8.6%
10 Year
15 Year
Since launch 8.7%
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 145.6 Yr.
Chirag Dagli31 Jul 190.25 Yr.

Data below for HDFC Banking and PSU Debt Fund as on 31 Dec 19

Asset Allocation
Asset ClassValue
Cash12.95%
Debt87.05%
Debt Sector Allocation
SectorValue
Government50.31%
Corporate36.74%
Cash Equivalent12.95%
Credit Quality
RatingValue
A9.32%
AA17.28%
AAA73.29%
Below B0.11%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
National Highways Authority Of India
Debentures | -
5%₹209 Cr2,050
Food Corporation Of India
Debentures | -
5%₹193 Cr1,800
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Debentures | -
4%₹184 Cr1,750
Treps - Tri-Party Repo
CBLO/Reverse Repo | -
4%₹155 Cr
IDFC First Bank Limited
Certificate of Deposit | -
4%₹152 Cr15,500
Syndicate Bank
Debentures | -
3%₹137 Cr1,350
Net Current Assets
Net Current Assets | -
3%₹134 Cr
Housing Development Finance Corporation Limited
Debentures | -
3%₹129 Cr1,250
Power Grid Corporation Of India Limited
Debentures | -
3%₹128 Cr1,250
Tata International Limited
Debentures | -
3%₹125 Cr1,250

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 6.9% 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 (24 Jan 20) ₹14.8701 ↑ 0.01   (0.04 %)
Net Assets (Cr) ₹146 on 31 Dec 19
Category Debt - Banking & PSU Debt
AMC UTI Asset Management Company Ltd
Rating
Risk Moderate
Expense Ratio 0.35
Sharpe Ratio -0.51
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 7.01%
Effective Maturity 3 Years 6 Months 20 Days
Modified Duration 2 Years 8 Months 16 Days

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,859
31 Dec 16₹12,128
31 Dec 17₹12,902
31 Dec 18₹13,781
31 Dec 19₹13,638

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 24 Jan 20

DurationReturns
1 Month 0.6%
3 Month 1.7%
6 Month 1.9%
1 Year 1.4%
3 Year 3.9%
5 Year 6.4%
10 Year
15 Year
Since launch 6.9%
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 145.83 Yr.

Data below for UTI Banking & PSU Debt Fund as on 31 Dec 19

Asset Allocation
Asset ClassValue
Cash18.8%
Debt81.2%
Debt Sector Allocation
SectorValue
Government53.13%
Corporate29.37%
Cash Equivalent17.5%
Credit Quality
RatingValue
AAA85.03%
Below B14.97%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Net Current Assets
Net Current Assets | -
10%₹15 Cr00
NTPC Limited
Debentures | -
9%₹14 Cr130
POWER FINANCE CORPORATION LIMITED
Debentures | -
9%₹13 Cr130
HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED (HUDCO)
Debentures | -
9%₹13 Cr130
NATIONAL HIGHWAYS AUTHORITY OF INDIA
Debentures | -
9%₹13 Cr130
Small Industries Development Bank Of India
Debentures | -
9%₹13 Cr130
Rec Limited
Debentures | -
9%₹13 Cr130
↑ 130
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Debentures | -
7%₹11 Cr100
Hindustan Petroleum Corporation Limited
Debentures | -
7%₹10 Cr100
Jorabat Shillong Expressway Limited
Debentures | -
7%₹10 Cr2,000

3. 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 (24 Jan 20) ₹45.9523 ↑ 0.01   (0.03 %)
Net Assets (Cr) ₹4,204 on 31 Dec 19
Category Debt - Banking & PSU Debt
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately Low
Expense Ratio 0.25
Sharpe Ratio 3.53
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.09%
Effective Maturity 3 Years 9 Months 22 Days
Modified Duration 2 Years 10 Months 10 Days

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,856
31 Dec 16₹11,938
31 Dec 17₹12,674
31 Dec 18₹13,525
31 Dec 19₹14,992

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 24 Jan 20

DurationReturns
1 Month 0.9%
3 Month 2.2%
6 Month 4.5%
1 Year 11.1%
3 Year 7.9%
5 Year 8.5%
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 0811.63 Yr.

Data below for Kotak Banking and PSU Debt fund as on 31 Dec 19

Asset Allocation
Asset ClassValue
Cash20.39%
Debt79.61%
Debt Sector Allocation
SectorValue
Government47%
Corporate46%
Cash Equivalent7%
Credit Quality
RatingValue
AA22.17%
AAA77.83%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
GOVT STOCK
Sovereign Bonds | -
6%₹224 Cr21,500,000
Net Current Assets/(Liabilities)
Net Current Assets | -
5%₹176 Cr
Food Corporation Of India
Debentures | -
5%₹161 Cr1,500
STATE BANK OF INDIA
Debentures | -
4%₹151 Cr1,450
REC LIMITED
Debentures | -
4%₹128 Cr1,250
Axis Bank Limited
Debentures | -
3%₹121 Cr1,200
POWER FINANCE CORPORATION LIMITED
Debentures | -
3%₹106 Cr1,000
↑ 500
ICICI Bank Limited
Debentures | -
3%₹102 Cr1,000
Rural Electrification Corporation Limited
Debentures | -
3%₹100 Cr1,000
↑ 1,000
NATIONAL HIGHWAYS AUTHORITY OF INDIA
Debentures | -
3%₹100 Cr1,000

4. ICICI Prudential Banking and PSU Debt Fund

The investment objective of the Scheme is to generate regular income through investments in a basket of debt and money market instruments consisting predominantly of securities issued by entities such as Banks and Public Sector Undertakings (PSU) with a view to providing reasonable returns,while maintaining an optimum balance of safety, liquidity and yield.

ICICI Prudential Banking and PSU Debt Fund is a Debt - Banking & PSU Debt fund was launched on 1 Jan 10. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.6% since its launch.  Ranked 13 in Banking & PSU Debt category.  Return for 2019 was 10.1% , 2018 was 5.7% and 2017 was 5.6% .

Below is the key information for ICICI Prudential Banking and PSU Debt Fund

ICICI Prudential Banking and PSU Debt Fund
Growth
Launch Date 1 Jan 10
NAV (24 Jan 20) ₹22.9409 ↑ 0.01   (0.04 %)
Net Assets (Cr) ₹8,317 on 31 Dec 19
Category Debt - Banking & PSU Debt
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 0.9
Sharpe Ratio 3.62
Information Ratio -1.22
Alpha Ratio 5.59
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.01%
Effective Maturity 4 Years 1 Month 20 Days
Modified Duration 2 Years 7 Months 24 Days

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,864
31 Dec 16₹12,236
31 Dec 17₹12,924
31 Dec 18₹13,662
31 Dec 19₹15,043

ICICI Prudential 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 ICICI Prudential 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 24 Jan 20

DurationReturns
1 Month 0.8%
3 Month 2.4%
6 Month 4.1%
1 Year 10.2%
3 Year 7%
5 Year 8.4%
10 Year
15 Year
Since launch 8.6%
Historical performance (Yearly) on absolute basis
YearReturns
2019 10.1%
2018 5.7%
2017 5.6%
2016 12.6%
2015 8.6%
2014 10.5%
2013 8.9%
2012 8.9%
2011 9.1%
2010
Fund Manager information for ICICI Prudential Banking and PSU Debt Fund
NameSinceTenure
Rahul Goswami27 Sep 127.18 Yr.
Chandni Gupta15 Jan 154.88 Yr.

Data below for ICICI Prudential Banking and PSU Debt Fund as on 31 Dec 19

Asset Allocation
Asset ClassValue
Cash17.43%
Debt82.57%
Debt Sector Allocation
SectorValue
Government45.95%
Corporate44.13%
Cash Equivalent9.92%
Credit Quality
RatingValue
AA19.21%
AAA80.79%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
GOVT STOCK
Sovereign Bonds | -
11%₹875 Cr83,500,000
↑ 11,500,000
ICICI Bank Limited
Debentures | -
5%₹408 Cr3,983
NATIONAL HIGHWAYS AUTHORITY OF INDIA
Debentures | -
4%₹333 Cr3,300
↑ 750
HDFC Bank Limited
Debentures | -
4%₹321 Cr3,150
Housing And Urban Development Corporation Ltd.
Debentures | -
3%₹257 Cr2,400
State Bank Of India
Debentures | -
3%₹244 Cr2,350
↓ -750
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Debentures | -
3%₹239 Cr2,200
Axis Bank Limited
Debentures | -
3%₹227 Cr2,249
Bank Of Baroda
Certificate of Deposit | -
2%₹172 Cr17,500
State Bank Of India
Debentures | -
2%₹146 Cr1,443

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 8.4% 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 (24 Jan 20) ₹257.273 ↑ 0.13   (0.05 %)
Net Assets (Cr) ₹9,845 on 31 Dec 19
Category Debt - Banking & PSU Debt
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderate
Expense Ratio 0.64
Sharpe Ratio 2.97
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 6.7%
Effective Maturity 2 Years 11 Months 16 Days
Modified Duration 2 Years 3 Months 14 Days

Growth of 10,000 investment over the years.

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,852
31 Dec 16₹12,189
31 Dec 17₹12,873
31 Dec 18₹13,727
31 Dec 19₹15,086

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 24 Jan 20

DurationReturns
1 Month 0.7%
3 Month 1.9%
6 Month 3.9%
1 Year 10.2%
3 Year 7.3%
5 Year 8.5%
10 Year
15 Year
Since launch 8.4%
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
Maneesh Dangi1 Apr 172.58 Yr.
Kaustubh Gupta29 Sep 0910.09 Yr.

Data below for Aditya Birla Sun Life Banking & PSU Debt Fund as on 31 Dec 19

Asset Allocation
Asset ClassValue
Cash17.15%
Debt82.85%
Debt Sector Allocation
SectorValue
Government49.79%
Corporate41.14%
Cash Equivalent9.06%
Credit Quality
RatingValue
AA4.48%
AAA95.52%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Clearing Corporation Of India Limited
CBLO | -
4%₹388 Cr
Power Finance Corporation Limited
Debentures | -
3%₹311 Cr3,105
↑ 3,105
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
Debentures | -
3%₹291 Cr2,850
State Bank Of India
Debentures | -
3%₹284 Cr2,650
Net Receivables / (Payables)
Net Current Assets | -
3%₹269 Cr
ONGC Petro Additions Limited
Debentures | -
3%₹256 Cr255
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Debentures | -
2%₹237 Cr2,250
↑ 500
INDIAN RAILWAY FINANCE CORPORATION LIMITED
Debentures | -
2%₹227 Cr2,150
7.72% GS 2025
Sovereign Bonds | -
2%₹206 Cr19,500,000
Power Finance Corporation Ltd.
Debentures | -
2%₹202 Cr2,000

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 4.5, based on 2 reviews.
POST A COMMENT