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Banking and PSU Fund

Debt category · 18 direct-growth schemes tracked

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
-0.07%
1 Week
-0.03%
1 Month
+0.53%
1 Year
+5.62%
Median NAV change across direct-plan, growth-option schemes in this category. Updated daily from AMFI.

Top & bottom performing schemes

Top 10

Franklin India Banking & PSU Debt Fund+0.03%
UTI Banking & PSU Fund+0.01%
Edelweiss Banking and PSU Debt Fund-0.02%
ITI Banking & PSU Debt Fund-0.02%
Bandhan Banking and PSU Fund-0.04%
LIC MF Banking & PSU Fund-Direct Plan-Growth-0.04%
Axis Banking & PSU Debt Fund-0.06%
Mirae Asset Banking and PSU Fund-0.06%
ICICI Prudential Banking and PSU Debt Fund-0.07%
Sundaram Banking & PSU Fund (Formerly Known as Sundaram Banking and PSU Debt Fund) Direct Plan - Growth-0.07%

Bottom 8

DSP Banking & PSU Debt Fund-0.12%
SBI BANKING & PSU FUND-0.10%
Nippon India Banking and PSU Fund- Direct Plan-Growth Plan- Growth Option-0.10%
Aditya Birla Sun Life Banking & PSU Debt Fund- Direct Plan-Growth-0.10%
Kotak Banking and PSU Debt Direct - Growth-0.09%
Canara Robeco Banking and PSU Debt Fund- Direct Plan- Growth Option-0.09%
HDFC Banking and PSU Debt Fund - Growth Option-0.08%
Bajaj Finserv Banking and PSU Fund-Direct Plan- Growth-0.08%

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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.