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SBI BANKING & PSU DEBT FUND - Direct Plan - IDCW

SBI Mutual FundBanking & PSU FundsDirect · IDCW (income distribution)Riskometer: Moderate Risk
NAV · 15 Oct 2026₹1,558.40▼ 0.02% (1 day)
Fund size (AUM) ₹3,512 Cr
Expense ratio 0.28%
1Y return+4.51%
3Y return (CAGR)+7.12%
5Y return (CAGR)+6.12%
Since launch (CAGR)+3.49%
Category rank (3Y) —
Volatility (3Y) 1.02%
Sharpe ratio (3Y) 0.61
Beta (3Y) —
52-week range₹1,491.13 – ₹1,559.03
Min. SIP / lump sum₹500 / ₹5,000
Launched1 Jan 2013
Lock-inNone
Portfolio turnover —
Max drawdown -3.4%

Performance chart

Past performance may or may not be sustained in future.

Quick take

  • Over 5 years it returned 6.1% a year.
  • Volatility over 3 years was 1.0% a year, with a Sharpe ratio of 0.61.
  • Its biggest fall from a peak was 3.4% (4 Mar 2020 to 23 Mar 2020).
  • Across all 3-year periods since launch, yearly returns ranged from 0.1% to 8.0% and were positive 100% of the time.
  • Expense ratio 0.28%, fund size ₹3,512 crore.

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Returns vs benchmark and category

Returns (%)1W1M3M6MYTD1Y2Y3Y5Y7Y10YSince launch
This fund+0.01%+0.26%+0.85%+2.68%+3.78%+4.51%+6.43%+7.12%+6.12%+6.03%+4.41%+3.49%

Point-to-point NAV returns as on 15 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Direct Growth plans in Banking & PSU Funds. Q1 = top quarter by return over that period.

Calendar-year returns

Year2026 YTD2025202420232022202120202019201820172016
This fund+3.78%+7.86%+8.20%+7.06%+3.35%+3.07%+8.99%+1.72%+0.58%+0.06%+0.53%

January to December each year; the current year is to date.

Risk and consistency

Risk measure3 years5 years
Volatility (standard deviation) ?1.02%0.98%
Sharpe ratio ?0.61-0.39
Sortino ratio ?0.91-0.52
Maximum drawdown-0.60%-1.15%

Rolling 3-year returns (yearly)

Lowest+0.11%
Median+4.35%
Highest+8.03%
Positive100% of periods
Above 12% a year0% of periods

Rolling 5-year returns (yearly)

Lowest+0.23%
Median+3.23%
Highest+6.93%
Positive100% of periods
Above 12% a year0% of periods

Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.

SIP returns: ₹10,000 every month

SIP forInvestedValue todayGainXIRR
1Y₹1,20,000₹1,23,104₹3,104+4.81%
3Y₹3,60,000₹3,96,687₹36,687+6.40%
5Y₹6,00,000₹7,09,628₹1,09,628+6.65%
10Y₹12,00,000₹16,04,271₹4,04,271+5.66%

A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.

Compare with all Banking & PSU Funds (20)

About Banking & PSU Funds
Scheme (Direct plans, Growth)NAV1M6M1Y3Y5Y
Aditya Birla Sun Life Banking & PSU Debt Fund - Direct Plan - GROWTHAditya Birla Sun Life Mutual Fund₹403.3114—————
Axis Banking and PSU Debt Fund - Direct Plan - Growth OptionAxis Mutual Fund₹2,891.62—————
Bajaj Finserv Banking and PSU Debt Fund - Direct Plan - GrowthBajaj Finserv Mutual Fund₹12.2323—————
Bandhan Banking and PSU Debt Fund - Direct Plan - GrowthBandhan Mutual Fund₹27.1563—————
Canara Robeco Banking and PSU Debt Fund - Direct Plan - Growth OptionCanara Robeco Mutual Fund₹12.8487—————
DSP Banking and PSU Debt Fund - Direct Plan - GrowthDSP Mutual Fund₹26.1996—————
Edelweiss Banking and PSU Debt Fund - Direct Plan - GrowthEdelweiss Mutual Fund₹27.1245—————
Franklin India Banking & PSU Debt Fund - Direct Plan - GrowthFranklin Templeton Mutual Fund₹25.3059—————
HDFC Banking and PSU Debt Fund - Direct Plan - Growth OptionHDFC Mutual Fund₹25.3874—————
HSBC Banking and PSU Debt Fund - Direct Plan - GrowthHSBC Mutual Fund₹27.1596—————
ICICI Prudential Banking and PSU Debt Fund - Direct Plan - GrowthICICI Prudential Mutual Fund₹36.3787—————
Invesco India Banking and PSU Debt Fund - Direct Plan - GrowthInvesco Mutual Fund₹2,572.15—————
ITI Banking & PSU Debt Fund - Direct Plan - Growth OptionITI Mutual Fund₹14.2237—————
Kotak Banking and PSU Debt Fund - Direct Plan - GrowthKotak Mahindra Mutual Fund₹72.5896—————
LIC MF Banking & PSU Debt Fund - Direct Plan - GrowthLIC Mutual Fund₹40.0508—————
Mirae Asset Banking and PSU Debt Fund - Direct Plan - GrowthMirae Asset Mutual Fund₹14.0008—————
Nippon India Banking and PSU Debt Fund - Direct Plan - Growth OptionNippon India Mutual Fund₹22.8655—————
SBI BANKING & PSU DEBT FUND - Direct Plan - GrowthSBI Mutual Fund₹3,538.02—————
Sundaram Banking and PSU Debt Fund (Formerly Known as Sundaram Banking and PSU Fund) - Direct Plan - GROWTHSundaram Mutual Fund₹46.4630—————
UTI Banking & PSU Debt Fund - Direct Plan - GrowthUTI Mutual Fund₹24.1217—————

Sorted by 3-year return; tap a heading to sort. Sorting by past returns is a way to explore data, not a ranking of which fund to choose. 3Y and 5Y are yearly (CAGR).

Scheme details

Investment objective
The scheme seeks to generate regular income through a judicious mix of portfolio comprising predominantly debt and money market securities of Banks, Public Sector Undertakings, Public Financial Institutions and Municipal bodies.
Fund manager
Ardhendu Bhattacharya
Fund house
SBI Mutual Fund
Category
Banking & PSU Funds · Debt
Plan / option
Direct · IDCW (income distribution)
AMFI scheme code
125502
ISIN
INF200K01V16
Scheme documents
SID, KIM and factsheets (fund house website) · exit load and full portfolio are in these documents.

About Banking & PSU Funds

Banking & PSU Funds invest at least 80% in debt of banks, public sector undertakings and public financial institutions.

Generally used by investors wanting relatively high-quality debt over 2–3+ years.

Other plans of this scheme

Questions about this scheme

What is the NAV of SBI BANKING & PSU DEBT FUND today?
The latest NAV of SBI BANKING & PSU DEBT FUND - Direct Plan - IDCW is ₹1,558.40 as on 15 Oct 2026, as published by AMFI. NAVs are updated every business day evening.
What returns has SBI BANKING & PSU DEBT FUND given?
As on 15 Oct 2026: 1 year +4.51%, 3 years +7.12% a year, 5 years +6.12% a year. Past returns may or may not be sustained in future.
What is the expense ratio of SBI BANKING & PSU DEBT FUND?
The expense ratio of the Direct plan is 0.28% (as of Aug 2026). It is already deducted in the NAV.
How risky is this fund?
Its riskometer level is Moderate Risk. Over 3 years its volatility was 1.0% a year and its biggest fall from a peak was 0.6%. Mutual fund investments are subject to market risks.
What is the difference between Direct and Regular plans?
Both plans hold the same portfolio. A Direct plan is bought straight from the fund house and has a lower expense ratio. A Regular plan is bought through a distributor, who is paid a commission from the expense ratio, so its NAV grows slightly slower.
What are Banking & PSU Funds?
Banking & PSU Funds invest at least 80% in debt of banks, public sector undertakings and public financial institutions.
Important. NAVs are from AMFI and mfapi.in; benchmark closes from Yahoo Finance; expense ratio, fund size and managers from published scheme data (Kuvera). Figures may be delayed; confirm with the fund house before transacting. Ranks and quartiles are positions by past return and are not a rating or recommendation. Mutual fund investments are subject to market risks; read all scheme-related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934) and earns commission from fund houses on Regular plans (see Disclosures).
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