Best Banking and PSU Fund Mutual Funds
This debt category invests in bonds and money-market instruments. Two risks drive returns: interest-rate risk (NAVs fall when yields rise, more so for longer maturities) and credit risk (the chance an issuer fails to pay).
We currently track 4 direct-plan Banking and PSU Fund schemes from 4 fund houses with a median 5-year CAGR of 6.3%. Every figure below is calculated from official daily NAV history and refreshed each day. Use the column headers to re-rank the table by any period — the best 1-year performer is often not the best over 5 or 10 years, which is exactly why we default to the longer horizon.
Showing 4 of 4 schemes · sorted by Y5 low to high · page 1 of 1
- HDFC Banking and PSU Debt Fund - Direct Plan - Growth OptionHDFC · Debt₹25.41#11Y+4.00%3Y+6.93%5Y+6.17%10Y+7.03%
- ITI Banking & PSU Debt Fund - Direct Plan - Growth OptionITI · Debt₹14.24#21Y+4.47%3Y+6.95%5Y+6.33%10Y—
- Kotak Banking and PSU Debt Fund - Direct Plan - GrowthKotak Mahindra · Debt₹72.67#31Y+4.51%3Y+7.20%5Y+6.35%10Y+7.25%
- Franklin India Banking & PSU Debt Fund - Direct Plan - GrowthFranklin Templeton · Debt₹25.33#41Y+5.63%3Y+7.46%5Y+6.45%10Y+7.18%
| # | Fund | Category | NAV | Today | 1Mreturn | 6Mreturn | 1YCAGR | 3YCAGR | 5YCAGR | 10YCAGR | 30D |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | HDFC Banking and PSU Debt Fund - Direct Plan - Growth OptionHDFC · #128629 | Banking and PSU Fund | ₹25.41 | -0.18% | -0.35% | +2.23% | +4.00% | +6.93% | +6.17% | +7.03% | |
| 2 | ITI Banking & PSU Debt Fund - Direct Plan - Growth OptionITI · #148534 | Banking and PSU Fund | ₹14.24 | -0.04% | +0.04% | +2.25% | +4.47% | +6.95% | +6.33% | — | |
| 3 | Kotak Banking and PSU Debt Fund - Direct Plan - GrowthKotak Mahindra · #123693 | Banking and PSU Fund | ₹72.67 | -0.13% | -0.16% | +2.32% | +4.51% | +7.20% | +6.35% | +7.25% | |
| 4 | Franklin India Banking & PSU Debt Fund - Direct Plan - GrowthFranklin Templeton · #129008 | Banking and PSU Fund | ₹25.33 | -0.08% | +0.10% | +2.99% | +5.63% | +7.46% | +6.45% | +7.18% |
Banking and PSU Fund funds — frequently asked questions
Which Banking and PSU Fund fund has the highest 5-year CAGR?
Franklin India Banking & PSU Debt Fund - Direct Plan - Growth currently leads the Banking and PSU Fund category with a 5-year CAGR of 6.4%. Past returns describe what already happened and do not predict future performance — treat the ranking as a starting point for research, not a recommendation.
What is a good 5-year return for a Banking and PSU Fund fund?
Across the 4 Banking and PSU Fund schemes we track, the median 5-year CAGR is 6.3%. Comparing a fund against that median, rather than against the category's single best performer, is a more realistic benchmark.
How is CAGR calculated on this page?
CAGR is the compound annual growth rate between the NAV on the horizon start date and the latest NAV, using growth-plan NAVs published by the AMCs. Where a scheme's NAV history has a gap or a re-denomination, we adjust for it rather than report a distorted figure. Expense ratios are already reflected in NAV; exit loads and taxes are not.
Why does this list only show direct plans?
Direct plans have no distributor commission, so their expense ratio is lower and their NAV growth is higher than the regular plan of the same scheme. Showing both would list every fund twice, so we rank direct plans only.