SBI Banking and PSU Fund Direct Growth

Fund Overview

Fund Size

₹3,862 Cr

Expense Ratio

0.39%

ISIN

INF200K01V08

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

01 Jan 2013

About this fund

SBI Banking and PSU Fund Direct Growth is a Banking & PSU mutual fund schemes offered by SBI Mutual Fund. This fund has been in existence for 12 years, 2 months and 27 days, having been launched on 01-Jan-13.
As of 27-Mar-25, it has a Net Asset Value (NAV) of ₹3229.47, Assets Under Management (AUM) of 3862.06 Crores, and an expense ratio of 0.39%.

SBI Banking and PSU Fund Direct Growth has given a CAGR return of 7.95% since inception.
The fund's asset allocation comprises around 0.00% in equities, 91.00% in debts, and 8.64% in cash & cash equivalents.
You can start investing in SBI Banking and PSU Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+8.43%

+7.11% (Cat Avg.)

3 Years

+6.63%

+6.15% (Cat Avg.)

5 Years

+6.48%

+6.66% (Cat Avg.)

10 Years

+7.57%

+6.30% (Cat Avg.)

Since Inception

+7.95%

— (Cat Avg.)

Portfolio Summaryas of 15th March 2025

Debt	₹3,514.43 Cr	91.00%
Others	₹347.63 Cr	9.00%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
6.79% Government Of India (07/10/2034)	Bond - Gov't/Treasury	₹583.79 Cr	15.12%
Power Grid Corporation Of India Limited	Bond - Corporate Bond	₹209.31 Cr	5.42%
Nuclear Power Corporation Of India Limited	Bond - Corporate Bond	₹205.92 Cr	5.33%
National Bank For Financing Infrastructure And Development	Bond - Corporate Bond	₹180.56 Cr	4.68%
Ongc Petro Additions Ltd.	Bond - Corporate Bond	₹175.45 Cr	4.54%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹150.18 Cr	3.89%
GAil (India) Limited	Bond - Corporate Bond	₹149.96 Cr	3.88%
National Highways Infra Trust	Bond - Corporate Bond	₹119.77 Cr	3.10%
Net Receivable / Payable	Cash - Collateral	₹114.81 Cr	2.97%
Treps	Cash - Repurchase Agreement	₹101.16 Cr	2.62%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹100.36 Cr	2.60%
Ongc Petro Additions Limited	Bond - Corporate Bond	₹100.11 Cr	2.59%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹99.85 Cr	2.59%
Power Finance Corporation Limited	Bond - Corporate Bond	₹99.24 Cr	2.57%
HDFC Bank Limited	Bond - Corporate Bond	₹96.49 Cr	2.50%
Karnataka (Government of) 7.22%	Bond - Sub-sovereign Government Debt	₹90.41 Cr	2.34%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹90.34 Cr	2.34%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹75.3 Cr	1.95%
Equitas Small Finance Bank Limited	Cash - CD/Time Deposit	₹70.44 Cr	1.82%
State Bank Of India	Bond - Corporate Bond	₹69.66 Cr	1.80%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹66.15 Cr	1.71%
Export Import Bank Of India	Bond - Corporate Bond	₹64.94 Cr	1.68%
Power Finance Corporation Ltd.	Bond - Corporate Bond	₹54.63 Cr	1.41%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹50.23 Cr	1.30%
HDFC Bank Limited	Bond - Corporate Bond	₹50.23 Cr	1.30%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹50.22 Cr	1.30%
7.2% Karnataka State Development Loans (27/08/2037)	Bond - Gov't/Treasury	₹50.1 Cr	1.30%
07.11 CG Sdl 2030	Bond - Gov't/Treasury	₹50.03 Cr	1.30%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹49.99 Cr	1.29%
HDFC Bank Limited	Bond - Corporate Bond	₹49.99 Cr	1.29%
07.02 Tn SDL 2030	Bond - Gov't/Treasury	₹49.96 Cr	1.29%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹49.95 Cr	1.29%
Punjab National Bank	Cash - CD/Time Deposit	₹47.32 Cr	1.23%
Punjab National Bank	Bond - Corporate Bond	₹39.75 Cr	1.03%
Power Grid Corporation Of India Limited	Bond - Corporate Bond	₹35.25 Cr	0.91%
Nuclear Power Corporation Of India Limited	Bond - Corporate Bond	₹35.06 Cr	0.91%
Nhpc Limited	Bond - Corporate Bond	₹33.06 Cr	0.86%
Nhpc Limited	Bond - Corporate Bond	₹25.08 Cr	0.65%
Nuclear Power Corporation Of India Limited	Bond - Corporate Bond	₹25.04 Cr	0.65%
Power Finance Corporation Ltd.	Bond - Corporate Bond	₹24.89 Cr	0.64%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹24.86 Cr	0.64%
Punjab National Bank	Bond - Corporate Bond	₹24.48 Cr	0.63%
Corporate Debt Market Development Fund-A2	Mutual Fund - Open End	₹13.9 Cr	0.36%
Mahanagar Telephone Nigam Limited	Bond - Corporate Bond	₹6.63 Cr	0.17%
Power Grid Corporation Of India Limited	Bond - Corporate Bond	₹5.2 Cr	0.13%
Nhpc Limited	Bond - Corporate Bond	₹2 Cr	0.05%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Bond - Corporate Bond	₹2,690.13 Cr	69.66%
Bond - Gov't/Treasury	₹733.89 Cr	19.00%
Cash - CD/Time Deposit	₹117.76 Cr	3.05%
Cash - Collateral	₹114.81 Cr	2.97%
Cash - Repurchase Agreement	₹101.16 Cr	2.62%
Bond - Sub-sovereign Government Debt	₹90.41 Cr	2.34%
Mutual Fund - Open End	₹13.9 Cr	0.36%

Risk & Performance Ratios

Fund Managers

Rajeev Radhakrishnan

Since November 2013

Ardhendu Bhattacharya

Since December 2023

Pradeep Kesavan

Since December 2023

Additional Scheme Detailsas of 15th March 2025

ISIN

INF200K01V08

Expense Ratio

0.39%

Exit Load

No Charges

Fund Size

₹3,862 Cr

Age

12 years 2 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

NIFTY Banking & PSU Debt TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Banking & PSU Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Bandhan Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹13421.37 Cr	8.2%
Bandhan Banking & PSU Debt Fund Regular Growth Moderate Risk	0.6%	0.0%	₹13421.37 Cr	7.9%
Franklin India Banking & PSU Debt Fund Regular Growth Moderate Risk	0.5%	0.0%	₹581.17 Cr	7.8%
Franklin India Banking & PSU Debt Fund Direct Growth Moderate Risk	0.2%	0.0%	₹581.17 Cr	8.1%
PGIM India Banking and PSU Debt fund Direct Growth Moderate Risk	0.2%	0.0%	₹45.38 Cr	6.8%
PGIM India Banking and PSU Debt fund Regular Growth Moderate Risk	0.4%	0.0%	₹45.38 Cr	6.6%
Canara Robeco Banking and PSU Debt Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹230.09 Cr	7.6%
Canara Robeco Banking and PSU Debt Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹230.09 Cr	8.0%
Tata Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹207.53 Cr	7.0%
Tata Banking & PSU Debt Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹207.53 Cr	6.5%

About the AMC

SBI Mutual Fund

022 - 61793000

https://www.sbimf.com/

Total AUM

₹10,61,727 Cr

Address

C-38 & 39, G Block, Bandra Kurla Complex, Mumbai, 400 051

Other Funds by SBI Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
SBI Nifty50 Equal Weight Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹953.30 Cr	6.2%
SBI Fixed Maturity Plan (FMP) - Series 91 (90 Days) Direct Growth Moderately High risk	-	0.0%	-	-
SBI Debt Fund Series C 24 Direct Growth Low to Moderate Risk	-	0.0%	-	4.4%
SBI Fixed Maturity Plan (FMP) - Series 47 (1434 Days) Direct Growth Low Risk	-	0.0%	₹142.30 Cr	7.4%
SBI Fixed Maturity Plan Series 41 1498 Days Direct Growth Low Risk	-	0.0%	₹908.19 Cr	7.1%
SBI Long Term Advantage Fund Series II Direct Growth Very High Risk	-	0.0%	₹34.17 Cr	6.8%
SBI Debt Fund Series C 25 Direct Growth Low to Moderate Risk	-	0.0%	-	5.1%
SBI Fixed Maturity Plan (FMP) - Series 60 (1878 Days) Direct Growth Low to Moderate Risk	-	0.0%	₹244.07 Cr	8.4%
SBI Fixed Maturity Plan (FMP) - Series 74 1243 Days Direct Growth Low to Moderate Risk	-	-	₹154.11 Cr	8.0%
SBI Fixed Maturity Plan Series 78 1170 Days Direct Growth Low to Moderate Risk	-	0.0%	₹122.06 Cr	7.8%
SBI Fixed Maturity Plan Series 66 1361 Days Direct Growth Moderate Risk	-	0.0%	₹662.46 Cr	7.9%
SBI Fixed Maturity Plan Series 57 1835 Days Direct Growth Low to Moderate Risk	-	-	₹253.53 Cr	8.3%
SBI Fixed Maturity Plan (FMP) - Series 80 366 Days Direct Growth Moderate Risk	-	0.0%	-	7.6%
SBI Fixed Maturity Plan Series 1 3668 Days Direct Growth Moderate Risk	-	0.0%	₹47.46 Cr	9.2%
SBI Fixed Maturity Plan Series 81 1157 Days Direct Growth Low to Moderate Risk	-	0.0%	₹399.49 Cr	8.0%
SBI Fixed Maturity Plan (FMP) - Series 49 (1823 Days) Direct Growth Low to Moderate Risk	-	0.0%	₹387.09 Cr	8.2%
SBI Fixed Maturity Plan (FMP) - Series 75 (366 Days) Direct Growth Moderate Risk	-	-	-	7.5%
SBI Fixed Maturity Plan Series 46 1850 Days Direct Growth Low to Moderate Risk	-	0.0%	₹130.01 Cr	7.9%
SBI Fixed Maturity Plan Series 53 1839 Days Direct Growth Low to Moderate Risk	-	-	₹304.98 Cr	8.3%
SBI Long Term Advantage Fund Series I Direct Growth Low Risk	-	0.0%	₹49.50 Cr	17.1%
SBI Fixed Maturity Plan Series 79 1130 Days Direct Growth Low to Moderate Risk	-	0.0%	₹79.97 Cr	7.6%
SBI Long Term Advantage Fund Series VI Direct Growth Very High Risk	-	0.0%	₹247.45 Cr	5.4%
SBI Fixed Maturity Plan Series 76 1221 Days Direct Growth Low to Moderate Risk	-	-	₹161.44 Cr	7.6%
SBI Tax Advantage Fund Series III Direct Growth Very High Risk	-	0.0%	₹33.26 Cr	32.0%
SBI Fixed Maturity Plan Series 73 1226 Days Direct Growth Low to Moderate Risk	-	-	₹196.01 Cr	7.7%
SBI Fixed Maturity Plan Series 44 1855 Days Direct Growth Low to Moderate Risk	-	0.0%	₹380.09 Cr	7.9%
SBI Fixed Maturity Plan Series 65 367 Days Direct Growth Low to Moderate Risk	-	0.0%	-	-
SBI Fixed Maturity Plan (FMP) - Series 58 (1842 Days) Direct Growth Low to Moderate Risk	-	-	₹247.71 Cr	8.3%
SBI Fixed Maturity Plan (FMP) - Series 50 (1843 Days) Direct Growth Low to Moderate Risk	-	-	₹120.16 Cr	-
SBI Fixed Maturity Plan Series 52 1848 Days Direct Growth Low to Moderate Risk	-	-	₹135.36 Cr	8.2%
SBI Fixed Maturity Plan Series 67 1467 Days Direct Growth Low to Moderate Risk	-	0.0%	₹569.29 Cr	7.9%
SBI Fixed Maturity Plan (FMP) - Series 54 (1842 Days) Direct Growth Low to Moderate Risk	-	-	₹37.15 Cr	8.3%
SBI Fixed Maturity Plan Series 6 3668 Days Direct Growth Moderate Risk	-	0.0%	₹34.34 Cr	9.1%
SBI Fixed Maturity Plan Series 34 3682 Days Direct Growth Moderate Risk	-	-	₹27.26 Cr	9.3%
SBI Fixed Maturity Plan Series 64 1169 Days Direct Growth Low to Moderate Risk	-	0.0%	₹391.24 Cr	7.4%
SBI Fixed Maturity Plan (FMP) - Series 59 (1618 Days) Direct Growth Low to Moderate Risk	-	0.0%	₹27.58 Cr	7.6%
SBI Long Term Advantage Fund Series III Direct Growth Very High Risk	-	0.0%	₹63.67 Cr	9.2%
SBI Long Term Advantage Fund Series V Direct Growth Very High Risk	-	0.0%	₹316.13 Cr	29.4%
SBI Fixed Maturity Plan Series 43 1616 Days Direct Growth Low to Moderate Risk	-	0.0%	₹117.61 Cr	7.5%
SBI Fixed Maturity Plan Series 45 1840 Days Direct Growth Moderate Risk	-	0.0%	₹223.16 Cr	8.0%
SBI Fixed Maturity Plan Series 69 367 Days Direct Growth Moderate Risk	-	0.0%	-	7.6%
SBI Long Term Advantage Fund Series IV Direct Growth Very High Risk	-	0.0%	₹192.52 Cr	10.7%
SBI Fixed Maturity Plan Series 56 1232 Days Direct Growth Low Risk	-	-	₹285.09 Cr	7.3%
SBI Fixed Maturity Plan (FMP) - Series 48 (1458 Days) Direct Growth Low Risk	-	0.0%	₹46.01 Cr	7.4%
SBI Fixed Maturity Plan Series 68 1302 Days Direct Growth Low to Moderate Risk	-	0.0%	₹188.49 Cr	7.5%
SBI Fixed Maturity Plan Series 42 1857 Days Direct Growth Low to Moderate Risk	-	0.0%	₹472.13 Cr	7.9%
SBI Fixed Maturity Plan Series 63 372 Days Direct Growth Low to Moderate Risk	-	0.0%	-	6.3%
SBI Fixed Maturity Plan (FMP) - Series 51 (1846 Days) Direct Growth Low to Moderate Risk	-	-	₹294.87 Cr	8.2%
SBI Fixed Maturity Plan (FMP) - Series 71 (364 Days) Direct Growth Moderate Risk	-	-	-	7.5%
SBI Fixed Maturity Plan Series (FMP) - 77 (366 Days) Direct Growth Moderate Risk	-	0.0%	-	7.7%

Risk Level

Your principal amount will be at Moderate Risk

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Still got questions?
We're here to help.

What is the current NAV of SBI Banking and PSU Fund Direct Growth?

The NAV of SBI Banking and PSU Fund Direct Growth, as of 27-Mar-2025, is ₹3229.47.

What are the returns of SBI Banking and PSU Fund Direct Growth?

The fund has generated 8.43% over the last 1 year and 6.63% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of SBI Banking and PSU Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 91.00% in bonds, and 8.64% in cash and cash equivalents.

Who manages the SBI Banking and PSU Fund Direct Growth?

The fund managers responsible for SBI Banking and PSU Fund Direct Growth are:-

Rajeev Radhakrishnan
Ardhendu Bhattacharya
Pradeep Kesavan

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹3,862 Cr

Expense Ratio

0.39%

ISIN

INF200K01V08

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

01 Jan 2013

Risk Level

Your principal amount will be at Moderate Risk