Debt · Category
Best Banking & PSU Mutual Funds 2026
Banking & PSU is a SEBI-defined mutual fund category. Every fund below follows the same category mandate, which makes their returns directly comparable — the differences you see come from the fund manager's choices and the fund's costs, not from a difference in what they are allowed to hold.
All 25 Banking & PSU funds, ranked
Ordered by three-year annualised return, computed from official AMFI NAV history to a common date.
NAV as of 18 Aug 2026
Category average over 3Y: 7.3% a year across 19 funds with a full record.
- 16.7%7.6%6.5%+0.3—
Franklin India Banking & PSU Debt Fund
Franklin Templeton
- 26.1%7.6%6.6%+0.3—
Kotak Banking and PSU Debt
Kotak Mahindra
- 36.2%7.5%6.8%+0.2—
ICICI Prudential Banking and PSU Debt Fund
ICICI Prudential
- 46.1%7.5%7.7%+0.2—
UTI Banking & PSU Fund
UTI
- 55.7%7.5%6.3%+0.2—
LIC MF Banking & PSU Fund
LIC
- 65.7%7.5%6.0%+0.1—
Invesco India Banking and PSU Fund
Invesco
- 75.7%7.4%6.4%+0.1—
HDFC Banking and PSU Debt Fund
HDFC
- 85.6%7.4%6.4%+0.1—
NIPPON INDIA BANKING and PSU FUND
Nippon India
- 95.7%7.4%6.2%+0.0—
SBI Banking & PSU Fund
SBI
- 106.2%7.3%6.3%+0.0—
Bandhan Banking and PSU Fund
Bandhan
- 115.4%7.3%6.3%-0.0—
Aditya Birla Sun Life Banking & PSU Debt Fund
Aditya Birla Sun Life
- 125.5%7.3%6.1%-0.0—
Sundaram Banking & PSU Fund
Sundaram
- 135.1%7.3%6.3%-0.1—
Edelweiss Banking and PSU Debt Fund
Edelweiss
- 145.3%7.3%6.1%-0.1—
DSP Banking & PSU Debt Fund
DSP
- 155.7%7.3%6.2%-0.1—
Axis Banking & PSU Debt Fund
Axis
- 165.7%7.2%5.7%-0.1—
HSBC Banking and PSU Debt Fund
HSBC
- 175.3%7.2%6.4%-0.1—
ITI Banking & PSU Debt Fund
ITI
- 185.2%7.1%6.0%-0.2—
Mirae Asset Banking and PSU Fund
Mirae Asset
- 195.3%6.9%—-0.4—
Canara Robeco Banking and PSU Debt Fund
Canara Robeco
Not enough history to rank
These 6 funds do not yet have a full 3Y NAV record, so ranking them against the funds above would compare different periods.
How to read the table below
Returns are annualised and computed from our own AMFI NAV history rather than taken from a fund factsheet, so every fund on this page is measured to the same date on the same basis. The category average is calculated across the same set.
Expense ratio is the annual cost, already deducted from the NAV you see. Direct plans cost less than regular plans because they carry no distributor commission.
Past returns describe what happened; they are not a forecast.
Frequently asked questions
How are Banking & PSU funds ranked on this page?+
By three-year annualised return, computed from official AMFI NAV history to a common date, so every fund is measured on the same basis. Funds without a full three-year record are listed separately rather than ranked against funds that have one.
Are these returns after fees?+
Yes. Returns are calculated from NAV, and the expense ratio is already deducted from NAV daily. The expense-ratio column tells you what that ongoing cost is.
How this page is produced
Every figure above is computed from our own archive of the official AMFI NAV file, going back to 2006, to NAV dated 18 Aug 2026. Nothing is copied from a fund factsheet or a third-party data vendor, which is why every fund on this page can be measured to the same date on the same basis. The full method is published, including its limitations.
Written and maintained by Azad Mohammed, who built the pipeline these numbers come out of. Found an error? Tell us — corrections are made and the page rebuilds within the hour.
This page describes what each fund has done. It is not investment advice and not a recommendation to buy or sell any scheme. Arthkar is not a SEBI-registered investment adviser and does not provide or arrange investment advice. Mutual fund investments are subject to market risk; read all scheme related documents carefully.