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SBI Banking and PSU Fund Direct Growth
DebtBanking & PSUModerate Risk
Direct
NAV (13-Nov-25)
₹3398.79-0.00%1D
Returns (Since Inception)
7.97%
Rated ★4.3+ on 
Fund Overview
Fund Size
₹4,228 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, 10 months and 13 days, having been launched on 01-Jan-13.
As of 13-Nov-25, it has a Net Asset Value (NAV) of ₹3398.79, Assets Under Management (AUM) of 4227.55 Crores, and an expense ratio of 0.39%.
As of 13-Nov-25, it has a Net Asset Value (NAV) of ₹3398.79, Assets Under Management (AUM) of 4227.55 Crores, and an expense ratio of 0.39%.
- SBI Banking and PSU Fund Direct Growth has given a CAGR return of 7.97% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 84.60% in debts, and 15.06% 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
+8.44%
+7.86% (Cat Avg.)
3 Years
+7.92%
+7.43% (Cat Avg.)
5 Years
+6.01%
+6.26% (Cat Avg.)
10 Years
+7.50%
+8.58% (Cat Avg.)
Since Inception
+7.97%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2025
| Debt | ₹3,576.37 Cr | 84.60% |
| Others | ₹651.18 Cr | 15.40% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 6.79% Govt Stock 2034 | Bond - Gov't/Treasury | ₹238.19 Cr | 5.63% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹211.34 Cr | 5.00% |
| GAil (India) Limited | Bond - Corporate Bond | ₹177.99 Cr | 4.21% |
| Ongc Petro Additions Limited | Bond - Corporate Bond | ₹177.35 Cr | 4.20% |
| National Bank For Financing Infrastructure And Development | Bond - Corporate Bond | ₹173.32 Cr | 4.10% |
| 7.24% Govt Stock 2055 | Bond - Gov't/Treasury | ₹170.35 Cr | 4.03% |
| Treps | Cash - Repurchase Agreement | ₹162.14 Cr | 3.84% |
| ICICI Bank Limited | Bond - Corporate Bond | ₹161.26 Cr | 3.81% |
| India Infrastructure Finance Company Limited | Bond - Corporate Bond | ₹151.06 Cr | 3.57% |
| Au Small Finance Bank Ltd. | Cash | ₹144.07 Cr | 3.41% |
| National Highways Infra TRust | Bond - Corporate Bond | ₹128.2 Cr | 3.03% |
| Equitas Small Finance Bank Ltd. | Cash | ₹117.39 Cr | 2.78% |
| Nuclear Power Corporation Of India Limited | Bond - Corporate Bond | ₹106.66 Cr | 2.52% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹101.79 Cr | 2.41% |
| Ongc Petro Additions Limited | Bond - Corporate Bond | ₹100.76 Cr | 2.38% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹100.54 Cr | 2.38% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹99.41 Cr | 2.35% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹98.74 Cr | 2.34% |
| 7.73% State Government of Punjab 2032 | Bond - Gov't/Treasury | ₹98.23 Cr | 2.32% |
| Bank of Baroda | Bond - Corporate Bond | ₹98.12 Cr | 2.32% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹96.74 Cr | 2.29% |
| Net Receivable / Payable | Cash - Collateral | ₹93.22 Cr | 2.21% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹81.29 Cr | 1.92% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹76.38 Cr | 1.81% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹76.2 Cr | 1.80% |
| Bank Of Baroda | Bond - Corporate Bond | ₹76.16 Cr | 1.80% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹70.86 Cr | 1.68% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹65.54 Cr | 1.55% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹51.45 Cr | 1.22% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹50.88 Cr | 1.20% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹50.82 Cr | 1.20% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹49.87 Cr | 1.18% |
| Canara Bank | Cash | ₹49.04 Cr | 1.16% |
| 6.01% Govt Stock 2030 | Bond - Gov't/Treasury | ₹44.69 Cr | 1.06% |
| 6.33% Govt Stock 2035 | Bond - Gov't/Treasury | ₹44.36 Cr | 1.05% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹40.66 Cr | 0.96% |
| Nuclear Power Corporation Of India Limited | Bond - Corporate Bond | ₹35.8 Cr | 0.85% |
| Nhpc Limited | Bond - Corporate Bond | ₹33.56 Cr | 0.79% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹32.18 Cr | 0.76% |
| Ntpc Limited | Bond - Corporate Bond | ₹29.94 Cr | 0.71% |
| Rec Limited | Bond - Corporate Bond | ₹25.73 Cr | 0.61% |
| Nuclear Power Corporation Of India Limited | Bond - Corporate Bond | ₹25.54 Cr | 0.60% |
| Rec Limited | Bond - Corporate Bond | ₹25.52 Cr | 0.60% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹25.48 Cr | 0.60% |
| Nhpc Limited | Bond - Corporate Bond | ₹25.46 Cr | 0.60% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹25.4 Cr | 0.60% |
| Rec Limited | Bond - Corporate Bond | ₹25.12 Cr | 0.59% |
| Punjab National Bank | Bond - Corporate Bond | ₹24.9 Cr | 0.59% |
| 7.02% Govt Stock 2031 | Bond - Gov't/Treasury | ₹15.46 Cr | 0.37% |
| Corporate Debt Market Development Fund-A2 | Mutual Fund - Open End | ₹14.46 Cr | 0.34% |
| Rec Limited | Bond - Corporate Bond | ₹10.39 Cr | 0.25% |
| Canara Bank | Bond - Corporate Bond | ₹10.29 Cr | 0.24% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹5.21 Cr | 0.12% |
| Nhpc Limited | Bond - Corporate Bond | ₹2.04 Cr | 0.05% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹2,965.09 Cr | 70.14% |
| Bond - Gov't/Treasury | ₹611.28 Cr | 14.46% |
| Cash | ₹310.5 Cr | 7.34% |
| Cash - Repurchase Agreement | ₹162.14 Cr | 3.84% |
| Cash - Collateral | ₹93.22 Cr | 2.21% |
| Cash - CD/Time Deposit | ₹70.86 Cr | 1.68% |
| Mutual Fund - Open End | ₹14.46 Cr | 0.34% |
Risk & Performance Ratios
Standard Deviation
This fund
1.16%
Cat. avg.
1.41%
Lower the better
Sharpe Ratio
This fund
1.01
Cat. avg.
0.59
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.19
Higher the better
Fund Managers
Ardhendu Bhattacharya
Since December 2023
PK
Pradeep Kesavan
Since December 2023
Additional Scheme Detailsas of 31st October 2025
ISIN INF200K01V08 | Expense Ratio 0.39% | Exit Load No Charges | Fund Size ₹4,228 Cr | Age 12 years 10 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
About the AMC
SBI Mutual Fund
Total AUM
₹12,06,783 Cr
Address
C-38 & 39, G Block, Bandra Kurla Complex, Mumbai, 400 051
Other Funds by SBI Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
Take control of your wealth
Related Articles
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 13-Nov-2025, is ₹3398.79.
What are the returns of SBI Banking and PSU Fund Direct Growth?
The fund has generated 8.44% over the last 1 year and 7.92% 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, 84.60% in bonds, and 15.06% 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:-
- Ardhendu Bhattacharya
- Pradeep Kesavan
Track & Analyse all your investments in one place
Compare your portfolio's performance with benchmarks
Identify potential risks in your portfolio and learn to fix them
Track all your family's investments in one place
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.
SBI Banking and PSU Fund Direct Growth
DebtBanking & PSUModerate Risk
Direct
NAV (13-Nov-25)
₹3398.79-0.00%1D
Returns (Since Inception)
7.97%
Rated ★4.3+ on
Fund Overview
Fund Size
₹4,228 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
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, 10 months and 13 days, having been launched on 01-Jan-13.
As of 13-Nov-25, it has a Net Asset Value (NAV) of ₹3398.79, Assets Under Management (AUM) of 4227.55 Crores, and an expense ratio of 0.39%.
As of 13-Nov-25, it has a Net Asset Value (NAV) of ₹3398.79, Assets Under Management (AUM) of 4227.55 Crores, and an expense ratio of 0.39%.
- SBI Banking and PSU Fund Direct Growth has given a CAGR return of 7.97% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 84.60% in debts, and 15.06% 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
+8.44%
+7.86% (Cat Avg.)
3 Years
+7.92%
+7.43% (Cat Avg.)
5 Years
+6.01%
+6.26% (Cat Avg.)
10 Years
+7.50%
+8.58% (Cat Avg.)
Since Inception
+7.97%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2025
| Debt | ₹3,576.37 Cr | 84.60% |
| Others | ₹651.18 Cr | 15.40% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| 6.79% Govt Stock 2034 | Bond - Gov't/Treasury | ₹238.19 Cr | 5.63% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹211.34 Cr | 5.00% |
| GAil (India) Limited | Bond - Corporate Bond | ₹177.99 Cr | 4.21% |
| Ongc Petro Additions Limited | Bond - Corporate Bond | ₹177.35 Cr | 4.20% |
| National Bank For Financing Infrastructure And Development | Bond - Corporate Bond | ₹173.32 Cr | 4.10% |
| 7.24% Govt Stock 2055 | Bond - Gov't/Treasury | ₹170.35 Cr | 4.03% |
| Treps | Cash - Repurchase Agreement | ₹162.14 Cr | 3.84% |
| ICICI Bank Limited | Bond - Corporate Bond | ₹161.26 Cr | 3.81% |
| India Infrastructure Finance Company Limited | Bond - Corporate Bond | ₹151.06 Cr | 3.57% |
| Au Small Finance Bank Ltd. | Cash | ₹144.07 Cr | 3.41% |
| National Highways Infra TRust | Bond - Corporate Bond | ₹128.2 Cr | 3.03% |
| Equitas Small Finance Bank Ltd. | Cash | ₹117.39 Cr | 2.78% |
| Nuclear Power Corporation Of India Limited | Bond - Corporate Bond | ₹106.66 Cr | 2.52% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹101.79 Cr | 2.41% |
| Ongc Petro Additions Limited | Bond - Corporate Bond | ₹100.76 Cr | 2.38% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹100.54 Cr | 2.38% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹99.41 Cr | 2.35% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹98.74 Cr | 2.34% |
| 7.73% State Government of Punjab 2032 | Bond - Gov't/Treasury | ₹98.23 Cr | 2.32% |
| Bank of Baroda | Bond - Corporate Bond | ₹98.12 Cr | 2.32% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹96.74 Cr | 2.29% |
| Net Receivable / Payable | Cash - Collateral | ₹93.22 Cr | 2.21% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹81.29 Cr | 1.92% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹76.38 Cr | 1.81% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹76.2 Cr | 1.80% |
| Bank Of Baroda | Bond - Corporate Bond | ₹76.16 Cr | 1.80% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹70.86 Cr | 1.68% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹65.54 Cr | 1.55% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹51.45 Cr | 1.22% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹50.88 Cr | 1.20% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹50.82 Cr | 1.20% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹49.87 Cr | 1.18% |
| Canara Bank | Cash | ₹49.04 Cr | 1.16% |
| 6.01% Govt Stock 2030 | Bond - Gov't/Treasury | ₹44.69 Cr | 1.06% |
| 6.33% Govt Stock 2035 | Bond - Gov't/Treasury | ₹44.36 Cr | 1.05% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹40.66 Cr | 0.96% |
| Nuclear Power Corporation Of India Limited | Bond - Corporate Bond | ₹35.8 Cr | 0.85% |
| Nhpc Limited | Bond - Corporate Bond | ₹33.56 Cr | 0.79% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹32.18 Cr | 0.76% |
| Ntpc Limited | Bond - Corporate Bond | ₹29.94 Cr | 0.71% |
| Rec Limited | Bond - Corporate Bond | ₹25.73 Cr | 0.61% |
| Nuclear Power Corporation Of India Limited | Bond - Corporate Bond | ₹25.54 Cr | 0.60% |
| Rec Limited | Bond - Corporate Bond | ₹25.52 Cr | 0.60% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹25.48 Cr | 0.60% |
| Nhpc Limited | Bond - Corporate Bond | ₹25.46 Cr | 0.60% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹25.4 Cr | 0.60% |
| Rec Limited | Bond - Corporate Bond | ₹25.12 Cr | 0.59% |
| Punjab National Bank | Bond - Corporate Bond | ₹24.9 Cr | 0.59% |
| 7.02% Govt Stock 2031 | Bond - Gov't/Treasury | ₹15.46 Cr | 0.37% |
| Corporate Debt Market Development Fund-A2 | Mutual Fund - Open End | ₹14.46 Cr | 0.34% |
| Rec Limited | Bond - Corporate Bond | ₹10.39 Cr | 0.25% |
| Canara Bank | Bond - Corporate Bond | ₹10.29 Cr | 0.24% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹5.21 Cr | 0.12% |
| Nhpc Limited | Bond - Corporate Bond | ₹2.04 Cr | 0.05% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹2,965.09 Cr | 70.14% |
| Bond - Gov't/Treasury | ₹611.28 Cr | 14.46% |
| Cash | ₹310.5 Cr | 7.34% |
| Cash - Repurchase Agreement | ₹162.14 Cr | 3.84% |
| Cash - Collateral | ₹93.22 Cr | 2.21% |
| Cash - CD/Time Deposit | ₹70.86 Cr | 1.68% |
| Mutual Fund - Open End | ₹14.46 Cr | 0.34% |
Risk & Performance Ratios
Standard Deviation
This fund
1.16%
Cat. avg.
1.41%
Lower the better
Sharpe Ratio
This fund
1.01
Cat. avg.
0.59
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.19
Higher the better
Fund Managers
Ardhendu Bhattacharya
Since December 2023
PK
Pradeep Kesavan
Since December 2023
Additional Scheme Detailsas of 31st October 2025
ISIN INF200K01V08 | Expense Ratio 0.39% | Exit Load No Charges | Fund Size ₹4,228 Cr | Age 12 years 10 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
About the AMC
SBI Mutual Fund
Total AUM
₹12,06,783 Cr
Address
C-38 & 39, G Block, Bandra Kurla Complex, Mumbai, 400 051
Other Funds by SBI Mutual Fund
Related Articles
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 13-Nov-2025, is ₹3398.79.
What are the returns of SBI Banking and PSU Fund Direct Growth?
The fund has generated 8.44% over the last 1 year and 7.92% 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, 84.60% in bonds, and 15.06% 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:-
- Ardhendu Bhattacharya
- Pradeep Kesavan
Track & Analyse all your investments in one place
Compare your portfolio's performance with benchmarks
Identify potential risks in your portfolio and learn to fix them
Track all your family's investments in one place
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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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Pvt. Ltd. is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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