Invests at least 80% in debt issued by banks, public-sector undertakings, and public financial institutions — considered relatively safer given the quasi-sovereign nature of many issuers.
Taxation: typically taxed at the investor's income-tax slab rate regardless of holding period, following the debt-fund taxation rules in effect since 2023. This is general information, not tax advice — confirm current rules for your situation with a qualified professional.
1 Day
+0.04%
1 Week
+0.31%
1 Month
+1.61%
1 Year
+5.53%
Median NAV change across direct-plan, growth-option schemes in this category. Updated daily from AMFI.
Top & bottom performing schemes
Top 3
Invesco India Banking and PSU Fund+0.06%
Bandhan Banking and PSU Fund+0.05%
Canara Robeco Banking and PSU Debt Fund- Direct Plan- Growth Option+0.05%
Bottom 3
Kotak Banking and PSU Debt Direct - Growth+0.01%
Sundaram Banking & PSU Fund (Formerly Known as Sundaram Banking and PSU Debt Fund) Direct Plan - Growth+0.02%
Franklin India Banking & PSU Debt Fund+0.02%
Top 3
DSP Banking & PSU Debt Fund+1.99%
Nippon India Banking and PSU Fund- Direct Plan-Growth Plan- Growth Option+1.83%
HDFC Banking and PSU Debt Fund - Growth Option+1.74%
Bottom 3
UTI Banking & PSU Fund+1.04%
Franklin India Banking & PSU Debt Fund+1.07%
ITI Banking & PSU Debt Fund+1.17%
Top 3
Franklin India Banking & PSU Debt Fund+6.42%
ICICI Prudential Banking and PSU Debt Fund+6.24%
Bandhan Banking and PSU Fund+6.06%
Bottom 3
Edelweiss Banking and PSU Debt Fund+4.45%
Mirae Asset Banking and PSU Fund+4.97%
DSP Banking & PSU Debt Fund+5.21%
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See the full live category table on the dashboard, or estimate returns with the MF returns calculator using this category's actual historical median.