SBI Banking and PSU Fund Direct Growth

Fund Overview

Fund Size

₹3,953 Cr

Expense Ratio

0.40%

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 13 years, 5 months and 26 days, having been launched on 01-Jan-13.
As of 25-Jun-26, it has a Net Asset Value (NAV) of ₹3496.21, Assets Under Management (AUM) of 3953.02 Crores, and an expense ratio of 0.4%.

SBI Banking and PSU Fund Direct Growth has given a CAGR return of 7.82% since inception.
The fund's asset allocation comprises around 0.00% in equities, 69.46% in debts, and 30.16% 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

+5.20%

+4.77% (Cat Avg.)

3 Years

+7.31%

+6.81% (Cat Avg.)

5 Years

+6.20%

+5.95% (Cat Avg.)

10 Years

+7.25%

+8.09% (Cat Avg.)

Since Inception

+7.82%

— (Cat Avg.)

Portfolio Summaryas of 15th June 2026

Debt	₹2,745.78 Cr	69.46%
Others	₹1,207.24 Cr	30.54%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
HDFC Bank Limited	Cash - CD/Time Deposit	₹213.37 Cr	5.36%
Bank Of Baroda	Cash - CD/Time Deposit	₹191.14 Cr	4.80%
Union Bank Of India	Cash - CD/Time Deposit	₹189.65 Cr	4.77%
Small Industries Development Bank of India	Bond - Corporate Bond	₹185.9 Cr	4.67%
Power Grid Corporation Of India Limited	Bond - Corporate Bond	₹185.41 Cr	4.66%
Ongc Petro Additions Limited	Bond - Corporate Bond	₹175.31 Cr	4.41%
GAil (India) Limited	Bond - Corporate Bond	₹175.25 Cr	4.40%
6.94% Govt Stock 2036	Bond - Gov't/Treasury	₹150.73 Cr	3.79%
6.95% Madhyapradesh Sgs 2030	Bond - Gov't/Treasury	₹149.43 Cr	3.76%
India Infrastructure Finance Company Limited	Bond - Corporate Bond	₹147.12 Cr	3.70%
Canara Bank	Cash - CD/Time Deposit	₹142.55 Cr	3.58%
National Highways Infra TRust	Bond - Corporate Bond	₹130.18 Cr	3.27%
Power Finance Corporation Limited	Bond - Corporate Bond	₹124.38 Cr	3.13%
Equitas Small Finance Bank Ltd.	Bond - Corporate Bond	₹122.47 Cr	3.08%
Tamil Nadu (Government of) 7.74%	Bond - Sub-sovereign Government Debt	₹101.14 Cr	2.54%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹100.24 Cr	2.52%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹95.3 Cr	2.40%
Punjab National Bank	Bond - Corporate Bond	₹95.26 Cr	2.39%
HDFC Bank Ltd	Cash - CD/Time Deposit	₹95.17 Cr	2.39%
Canara Bank	Cash - CD/Time Deposit	₹94.91 Cr	2.39%
Union Bank Of India	Cash - CD/Time Deposit	₹94.89 Cr	2.38%
Canara Bank	Cash - CD/Time Deposit	₹94.89 Cr	2.38%
Treps	Cash - Repurchase Agreement	₹93.92 Cr	2.36%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹80.13 Cr	2.01%
Maharashtra (Government of) 7.35%	Bond - Sub-sovereign Government Debt	₹75.85 Cr	1.91%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹75.66 Cr	1.90%
Rec Limited	Bond - Corporate Bond	₹75.04 Cr	1.89%
6.68% Govt Stock 2040	Bond - Gov't/Treasury	₹62.08 Cr	1.56%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹50.1 Cr	1.26%
Yes Bank Limited	Bond - Corporate Bond	₹44.85 Cr	1.13%
6.48% Govt Stock 2035	Bond - Gov't/Treasury	₹43.78 Cr	1.10%
Nhpc Limited	Bond - Corporate Bond	₹43.05 Cr	1.08%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹39.67 Cr	1.00%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹35.04 Cr	0.88%
Power Grid Corporation Of India Limited	Bond - Corporate Bond	₹28.17 Cr	0.71%
Rec Limited	Bond - Corporate Bond	₹25.13 Cr	0.63%
7.63% Maharashtra Sgs 2036	Bond - Gov't/Treasury	₹25.11 Cr	0.63%
Nuclear Power Corporation Of India Limited	Bond - Corporate Bond	₹25.08 Cr	0.63%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹25.08 Cr	0.63%
Nhpc Limited	Bond - Corporate Bond	₹25.06 Cr	0.63%
Tamilnadu State Development Loans	Bond - Gov't/Treasury	₹24.9 Cr	0.63%
Corporate Debt Market Development Fund-A2	Mutual Fund - Unspecified	₹14.95 Cr	0.38%
Net Receivable / Payable	Cash - Collateral	₹-10.2 Cr	0.26%
Canara Bank	Bond - Corporate Bond	₹10.15 Cr	0.26%
Power Grid Corporation Of India Limited	Bond - Corporate Bond	₹5.09 Cr	0.13%
State Government Of West Bengal	Bond - Gov't/Treasury	₹4.81 Cr	0.12%
Nhpc Limited	Bond - Corporate Bond	₹2.01 Cr	0.05%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Bond - Corporate Bond	₹2,126.14 Cr	53.43%
Cash - CD/Time Deposit	₹1,116.57 Cr	28.06%
Bond - Gov't/Treasury	₹460.84 Cr	11.58%
Bond - Sub-sovereign Government Debt	₹176.98 Cr	4.45%
Cash - Repurchase Agreement	₹93.92 Cr	2.36%
Mutual Fund - Unspecified	₹14.95 Cr	0.38%
Cash - Collateral	₹-10.2 Cr	0.26%
Bond - Gov't Agency Debt	₹0 Cr	-

Risk & Performance Ratios

Fund Managers

Ardhendu Bhattacharya

Since December 2023

Pradeep Kesavan

Since December 2023

Additional Scheme Detailsas of 15th June 2026

ISIN

INF200K01V08

Expense Ratio

0.40%

Exit Load

No Charges

Fund Size

₹3,953 Cr

Age

13 years 5 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
Bajaj Finserv Banking and PSU Fund Regular Growth Moderate Risk	0.8%	0.0%	₹305.35 Cr	4.5%
Bajaj Finserv Banking and PSU Fund Direct Growth Moderate Risk	0.3%	0.0%	₹305.35 Cr	5.1%
HSBC Banking & PSU Debt Direct Growth Moderate Risk	0.2%	0.0%	₹3967.36 Cr	5.5%
LIC MF Banking & PSU Debt Fund Direct Growth Moderate Risk	0.2%	0.0%	₹1831.19 Cr	5.4%
Axis Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹12219.33 Cr	5.5%
Invesco India Banking & PSU Debt Fund Regular Growth Moderate Risk	0.5%	0.0%	₹95.10 Cr	4.9%
DSP Banking & PSU Debt Fund Regular Growth Low Risk	0.5%	0.0%	₹3381.46 Cr	4.7%
DSP Banking & PSU Debt Fund Direct Growth Low Risk	0.3%	0.0%	₹3381.46 Cr	4.9%
Edelweiss Banking and PSU Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹3110.86 Cr	4.6%
Edelweiss Banking and PSU Debt Fund Regular Growth Moderate Risk	0.7%	0.0%	₹3110.86 Cr	4.3%
Kotak Banking & PSU Debt Direct Growth Low to Moderate Risk	0.4%	0.0%	₹5008.73 Cr	5.8%
Nippon India Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹5152.74 Cr	5.4%
Nippon India Banking & PSU Debt Fund Regular Growth Moderate Risk	0.7%	0.0%	₹5152.74 Cr	4.9%
TrustMF Banking & PSU Debt Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹130.72 Cr	6.7%
TrustMF Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹130.72 Cr	7.3%
UTI Banking & PSU Debt Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹1226.91 Cr	5.6%
UTI Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1226.91 Cr	5.9%
ICICI Prudential Banking and PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹8943.23 Cr	6.0%
HDFC Banking and PSU Debt Fund Regular Growth Moderate Risk	0.7%	0.0%	₹5215.21 Cr	5.1%
HDFC Banking and PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹5215.21 Cr	5.5%
Axis Banking & PSU Debt Fund Regular Growth Moderate Risk	0.6%	0.0%	₹12219.33 Cr	5.2%
LIC MF Banking & PSU Debt Fund Regular Growth Moderate Risk	0.6%	0.0%	₹1831.19 Cr	4.9%
Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth Moderate Risk	0.4%	0.0%	₹26.92 Cr	8.2%
Baroda BNP Paribas Banking and PSU Bond Fund Regular Growth Moderate Risk	0.8%	0.0%	₹26.92 Cr	7.8%
ITI Banking & PSU Debt Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹37.77 Cr	4.7%
ITI Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹37.77 Cr	5.2%
Aditya BSL Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹8819.87 Cr	5.2%
Invesco India Banking & PSU Debt Fund Direct Growth Moderate Risk	0.2%	0.0%	₹95.10 Cr	5.3%
Sundaram Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹279.56 Cr	5.3%
SBI Banking and PSU Fund Regular Growth Moderate Risk	0.8%	0.0%	₹3953.02 Cr	4.8%
SBI Banking and PSU Fund Direct Growth Moderate Risk	0.4%	0.0%	₹3953.02 Cr	5.2%
HSBC Banking & PSU Debt Regular Growth Moderate Risk	0.5%	0.0%	₹3967.36 Cr	5.2%
Kotak Banking & PSU Debt Regular Growth Low to Moderate Risk	0.8%	0.0%	₹5008.73 Cr	5.4%
Mirae Asset Banking and PSU Debt Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹41.35 Cr	4.4%
Mirae Asset Banking and PSU Debt Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹41.35 Cr	4.9%
Aditya BSL Banking & PSU Debt Fund Regular Growth Moderate Risk	0.6%	0.0%	₹8819.87 Cr	4.9%
Sundaram Banking & PSU Debt Fund Regular Growth Moderate Risk	0.4%	0.0%	₹279.56 Cr	5.2%
ICICI Prudential Banking and PSU Debt Fund Regular Growth Moderate Risk	0.6%	0.0%	₹8943.23 Cr	5.7%
Tata Banking & PSU Debt Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹207.53 Cr	6.5%
Tata Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹207.53 Cr	7.0%
Canara Robeco Banking and PSU Debt Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹184.68 Cr	5.2%
Canara Robeco Banking and PSU Debt Fund Regular Growth Low to Moderate Risk	0.6%	0.0%	₹184.68 Cr	4.9%
PGIM India Banking and PSU Debt fund Regular Growth Moderate Risk	0.4%	0.0%	₹45.38 Cr	6.6%
PGIM India Banking and PSU Debt fund Direct Growth Moderate Risk	0.2%	0.0%	₹45.38 Cr	6.8%
Franklin India Banking & PSU Debt Fund Direct Growth Moderate Risk	0.2%	0.0%	₹583.15 Cr	6.2%
Franklin India Banking & PSU Debt Fund Regular Growth Moderate Risk	0.4%	0.0%	₹583.15 Cr	5.8%
Bandhan Banking & PSU Debt Fund Regular Growth Moderate Risk	0.6%	0.0%	₹12043.76 Cr	5.6%
Bandhan Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹12043.76 Cr	5.9%

About the AMC

SBI Mutual Fund

022 - 61793000

https://www.sbimf.com/

Total AUM

₹12,86,586 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 CRISIL-IBX 10:90 Gilt + SDL Index - Dec 2029 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹27.39 Cr	-
SBI Nifty G-sec Jul 2031 Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹15.73 Cr	-
SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹230.49 Cr	-
SBI CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹211.28 Cr	-
SBI Quality Fund Direct Growth Very High Risk	0.8%	1.0%	₹2361.00 Cr	-
Magnum Hybrid Long Short Fund Direct Growth Low to Moderate Risk	0.5%	0.0%	₹3454.26 Cr	-
SBI Dynamic Asset Allocation Active FoF Direct Growth High Risk	0.4%	1.0%	₹2311.42 Cr	-
SBI Nifty100 Low Volatility 30 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹59.97 Cr	-
SBI Nifty200 Momentum 30 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹125.23 Cr	-
SBI NIFTY 200 Quality 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹316.26 Cr	-3.9%
SBI Income Plus Arbitrage Active FOF Direct Growth Moderate Risk	0.1%	0.0%	₹1801.38 Cr	5.7%
SBI BSE PSU Bank Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹321.88 Cr	23.4%
SBI Nifty IT Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹92.70 Cr	-28.7%
SBI Nifty Bank Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹167.84 Cr	3.7%
SBI Quant Fund Direct Growth Very High Risk	0.9%	0.0%	₹3055.17 Cr	-0.7%
SBI Nifty India Consumption Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹263.54 Cr	-1.1%
SBI Nifty 500 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹759.92 Cr	-0.1%
SBI Innovative Opportunities Fund Direct Growth Very High Risk	0.9%	1.0%	₹4935.25 Cr	0.9%
SBI Silver ETF Fund of Fund Direct Growth Very High Risk	0.3%	1.0%	₹4190.30 Cr	103.5%
SBI Automotive Opportunities Fund Direct Growth Very High Risk	0.9%	1.0%	₹5177.78 Cr	27.1%
SBI Energy Opportunities Fund Direct Growth Very High Risk	0.8%	1.0%	₹8906.34 Cr	6.9%
SBI Fixed Maturity Plan Series 92 91 Days Direct Growth Moderate Risk	-	0.0%	-	-
SBI Nifty50 Equal Weight Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹1048.04 Cr	3.5%
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%	₹144.26 Cr	7.0%
SBI Fixed Maturity Plan Series 41 1498 Days Direct Growth Low Risk	-	0.0%	₹915.41 Cr	7.0%
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%	₹264.17 Cr	6.0%
SBI Fixed Maturity Plan (FMP) - Series 74 1243 Days Direct Growth Low to Moderate Risk	-	-	₹154.11 Cr	5.7%
SBI Fixed Maturity Plan Series 78 1170 Days Direct Growth Low to Moderate Risk	-	0.0%	₹122.06 Cr	5.9%
SBI Fixed Maturity Plan Series 66 1361 Days Direct Growth Moderate Risk	-	0.0%	₹662.46 Cr	6.0%
SBI Fixed Maturity Plan Series 57 1835 Days Direct Growth Low Risk	-	-	₹274.23 Cr	5.9%
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%	₹51.07 Cr	5.6%
SBI Fixed Maturity Plan Series 81 1157 Days Direct Growth Low Risk	-	0.0%	₹399.49 Cr	5.8%
SBI Fixed Maturity Plan (FMP) - Series 49 (1823 Days) Direct Growth Low Risk	-	0.0%	₹419.19 Cr	5.8%
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 Risk	-	0.0%	₹140.37 Cr	5.6%
SBI Fixed Maturity Plan Series 53 1839 Days Direct Growth Low Risk	-	-	₹330.67 Cr	5.9%
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 Risk	-	0.0%	₹79.97 Cr	6.1%
SBI Long Term Advantage Fund Series VI Direct Growth Very High Risk	-	0.0%	₹250.68 Cr	0.6%
SBI Fixed Maturity Plan Series 76 1221 Days Direct Growth Low Risk	-	-	₹161.44 Cr	5.6%
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 Risk	-	-	₹196.01 Cr	6.1%
SBI Fixed Maturity Plan Series 44 1855 Days Direct Growth Low Risk	-	0.0%	₹410.59 Cr	5.6%
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	-	-	₹268.76 Cr	5.9%

Risk Level

Your principal amount will be at Moderate Risk

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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 25-Jun-2026, is ₹3496.21.

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

The fund has generated 5.20% over the last 1 year and 7.31% 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, 69.46% in bonds, and 30.16% 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

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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SBI Banking and PSU Fund Direct Growth

Fund Overview