DEBT•BANKING AND PSU FUND
SBI Banking and PSU Fund
3 Year return
7.39%
NAV on August 10, 2026
3529.0714
1D Returns
+1.88%
Launched on September 2009(17 years)
Investment Details
₹500
Minimum SIP Amount
₹5000
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
12.25%₹441
Total Value ₹4,041
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹3,976.2 Cr.
Expense Ratio
0.41% (inclusive of GST)
Exit Load
Nil
Ratings
1.5
Ratings by other agencies
Value Research
2
Crisil
2
Morning Star
4
Tax Implications
Tax on gains as per your income tax bracket
SBI Mutual Fund Manager
AB
Ardhendu Bhattacharya
Fund Manager since Dec 2023
Fund House Details
SBI Mutual Fund
Asset management company
AUM
₹12,81,380.68 Cr.
No. of Schemes
273
Setup Date
June 1987
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| UTI Banking and PSU Fund | 7.4063% | 4 |
| ICICI Prudential Banking and PSU Debt Fund | 7.5687% | 5 |
| Kotak Banking and PSU Debt | 7.6042% | 5 |
Schemes by SBI Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
The SBI Banking and PSU Fund Direct Plan Growth is a debt fund managed by SBI Mutual Fund. It is a direct plan, which means that there are no brokerage fees involved when you invest in the fund.
The fund invests in a portfolio of bonds issued by banks and public sector undertakings (PSUs). These bonds are considered to be relatively safe investments, and the fund aims to generate returns that are higher than the returns offered by bank deposits.
Investment Objectives of the Scheme
The investment objective of the LIC MF Large Cap Fund Direct Plan Growth is to generate long-term capital appreciation by investing in a diversified portfolio of equity shares of large-cap companies.
The investment objective of the SBI Banking and PSU Fund Direct Plan Growth is to generate returns that are higher than the returns offered by bank deposits by investing in a diversified portfolio of bonds issued by banks and PSUs. The fund will invest at least 80% of its assets in bonds issued by banks and PSUs.
Key Features of The Fund
5-year return
6.2423%
Expense Ratio
0.41%
Fund Manager
Ardhendu Bhattacharya
Fund Size
₹3976.2 Cr.
Risk Profile
Moderate
Is This Scheme Right for Me?
The SBI Banking and PSU Fund Direct Plan Growth is a good option for investors who are looking for a relatively safe investment with the potential for higher returns than bank deposits. However, the fund is not suitable for investors who are looking for high returns or who are not comfortable with the risk of losing money.
AMC Contact Details
| Name | SBI Mutual Fund |
| Launch Date | June 1987 |
| Address | 9th Floor, Crescenzo, C-38 & 39, G Block, Bandra-Kurla Complex, Mumbai, Maharashtra, India - 400 051 |
| Contact | 1800 209 33331800 425 5425 |
| customer.delight@sbimf.com | |
| Website | https://www.sbimf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Compare Your SIPs Across Various Mutual Funds
Use our SIP calculator to compare SIPs across different mutual funds. Moreover, by comparing the different expected rates of returns, you can compare the returns on the same amount for different SIPs. Open our SIP calculator to estimate returns and get started on your investment journey today!
FAQs
What is today's NAV of SBI Banking and PSU Fund?
NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of SBI Banking and PSU Fund on August 10, 2026, is ₹3529.0714
What is the AUM of SBI Banking and PSU Fund?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of SBI Banking and PSU Fund, is ₹3976.2 crore.
What is the expense ratio of SBI Banking and PSU Fund?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of SBI Banking and PSU Fund is 0.41%
What are the returns of SBI Banking and PSU Fund since inception?
The SBI Banking and PSU Fund was launched on September 30, 2009. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in SBI Banking and PSU Fund?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for SBI Banking and PSU Fund is ₹500.
How do I invest in SBI Banking and PSU Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in SBI Banking and PSU Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in SBI Banking and PSU Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in SBI Banking and PSU Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹4,041 in 3Y at 7.3865% returns
SIP Date1st of every month
Your next SIP Payment will be on 11 September 2026
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