Fund Performance
Lumpsum
SIP
4.40
as on 22 Sep 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,377 today.
NAV Performance
Fund Information
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₹ 2,724.474
as on 22 Sep 2023 -
Regular - Growth
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10 / 19
-
₹ 5,000
-
₹ 4,845 Cr.
as on 31 May 2023 -
0.81%
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09 Oct 2009
-
CRISIL 10 Year Gilt Index
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SBI Mutual Fund
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Highlights of this fund
SBI Banking & PSU Fund is an Open-ended Debt Fund. The fund belongs to Banking and PSU Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 09 Oct 2009. This fund is offered by one of the top AMC (Assets Management Company) SBI Mutual Fund. You can also view here all other Debt funds offered by SBI Mutual Fund.
Latest NAV of the fund is ₹ 2,724.474 as on 22 Sep 2023.
This fund has 13 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.81%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund 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.
List of Fund Managers of SBI Banking & PSU Fund
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About Rajeev Radhakrishnan
Rajeev joined SBIFM as a fixed income portfolio manager in 2008. He currently heads the Fixed Income desk at the AMC. Prior to joining SBIFM, Rajeev was Co-Fund Manager for Fixed Income with UTI Asset Management for seven years. Rajeev is an Engineering graduate and holds a Masters degree in finance from Mumbai University. He is also a charter holder of the CFA Institute, USA.
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About Mohit Jain
Mohit Jain joined SBIFM in 2015. Prior to joining SBIFM, Mohit was working as a Senior Research Analyst in CRISIL Limited. He is a graduate in Engineering from Sathyabama University and has completed CFA level III from the CFA Institute, USA.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderate Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.20% | 0.82% | 1.96% | 4.18% | 7.30% | 7.92% | 6.61% | 8.01% | 8.11% | 7.69% | 7.81% | 7.34% | 6.75% | 7.17% |
| Category Average | 0.14% | 0.64% | 1.40% | 3.62% | 6.55% | 4.48% | 4.77% | 6.91% | 7.34% | 6.74% | 5.64% | 5.07% | 5.80% | 6.66% |
| SBI Banking & PSU Fund | 0.15%₹ 10,015 | 0.61%₹ 10,061 | 1.43%₹ 10,143 | 3.67%₹ 10,366 | 6.58%₹ 10,658 | 6.64%₹ 12,427 | 4.03%₹ 10,821 | 5.32%₹ 25,343 | 4.40%₹ 11,377 | 4.67%₹ 38,652 | 6.61%₹ 13,777 | 5.45%₹ 68,867 | - | - |
| ICICI Prudential Banking And PSU Debt Fund | 0.13%₹ 10,013 | 0.74%₹ 10,074 | 1.96%₹ 10,196 | 4.18%₹ 10,417 | 7.30%₹ 10,729 | 7.69%₹ 12,493 | 5.25%₹ 11,078 | 6.57%₹ 25,661 | 5.59%₹ 11,771 | 5.93%₹ 39,395 | 7.11%₹ 14,104 | 6.38%₹ 70,502 | 7.88%₹ 21,366 | 7.15%₹ 1,73,379 |
| Aditya Birla Sun Life Banking & PSU Debt Fund | 0.15%₹ 10,015 | 0.66%₹ 10,065 | 1.52%₹ 10,151 | 3.78%₹ 10,378 | 6.73%₹ 10,673 | 6.91%₹ 12,444 | 4.67%₹ 10,954 | 5.78%₹ 25,461 | 5.06%₹ 11,595 | 5.25%₹ 38,996 | 7.23%₹ 14,183 | 6.07%₹ 69,942 | 8.11%₹ 21,835 | 7.17%₹ 1,73,576 |
| Kotak Banking And PSU Debt Fund | 0.16%₹ 10,015 | 0.75%₹ 10,075 | 1.58%₹ 10,158 | 3.71%₹ 10,371 | 6.85%₹ 10,684 | 6.86%₹ 12,441 | 4.65%₹ 10,951 | 5.81%₹ 25,467 | 5.07%₹ 11,599 | 5.32%₹ 39,032 | 7.38%₹ 14,282 | 6.13%₹ 70,053 | 7.74%₹ 21,088 | 7.09%₹ 1,72,853 |
| L&T Banking And PSU Debt Fund | 0.13%₹ 10,012 | 0.61%₹ 10,061 | 1.34%₹ 10,133 | 3.55%₹ 10,354 | 6.52%₹ 10,651 | 6.41%₹ 12,412 | 3.34%₹ 10,678 | 4.79%₹ 25,207 | 3.98%₹ 11,240 | 4.15%₹ 38,355 | 6.25%₹ 13,545 | 5.10%₹ 68,267 | 6.98%₹ 19,641 | 6.26%₹ 1,65,563 |
| HDFC Banking And PSU Debt FunD-2014 | 0.13%₹ 10,013 | 0.68%₹ 10,068 | 1.61%₹ 10,161 | 3.89%₹ 10,389 | 6.76%₹ 10,675 | 7.03%₹ 12,452 | 4.54%₹ 10,929 | 5.76%₹ 25,454 | 4.97%₹ 11,566 | 5.18%₹ 38,954 | 7.20%₹ 14,165 | 6.00%₹ 69,828 | - | - |
Portfolio Holdings
Top Debt Instrument Type holdings of SBI Banking & PSU Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| NCD & Bonds | 67.56% | ₹ 3,571.53 Cr. |
| GOI | 20.41% | ₹ 1,078.36 Cr. |
| CD | 8.11% | ₹ 428.52 Cr. |
| CP | 0.89% | ₹ 47.23 Cr. |
| Others | 3.03% | - |
Top Debt Holdings of SBI Banking & PSU Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Govt of India | 20.41% | ₹ 1,078.36 Cr. |
| Bond - Rural Electrification Corporation Limited | 7.09% | ₹ 375.38 Cr. |
| Bond - Small Industries Development Bank Of India | 6.93% | ₹ 366.73 Cr. |
| Bond - National Bank for Agriculture & Rural Development | 6.88% | ₹ 363.95 Cr. |
| Bond - Indian Railway Finance Corporation Ltd. | 6.37% | ₹ 336.83 Cr. |
| Others | 52.32% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| Net Receivables | 2.55% |
| TREPS | 0.48% |