How to Invest in Bandhan Banking and PSU Fund Direct Growth?

You can easily invest in Bandhan Banking and PSU Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Bandhan Banking and PSU Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Bandhan Banking and PSU Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Bandhan Banking and PSU Fund Direct Growth provide?

The Bandhan Banking and PSU Fund Direct Growth has been there from 07 Mar 2013 and the average annual returns provided by this fund is 7.72% since its inception.

How much expense ratio is charged by Bandhan Banking and PSU Fund Direct Growth?

The term Expense Ratio used for Bandhan Banking and PSU Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Bandhan Banking and PSU Fund Direct Growth is 0.36% as of 13 Jul 2026...

What is the AUM of Bandhan Banking and PSU Fund Direct Growth?

The AUM, short for Assets Under Management of Bandhan Banking and PSU Fund Direct Growth is ₹12,172.21Cr as of 13 Jul 2026.

How to Redeem Bandhan Banking and PSU Fund Direct Growth?

If you want to sell your Bandhan Banking and PSU Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Bandhan Banking and PSU Fund Direct Growth?

You can select either SIP or Lumpsum investment of Bandhan Banking and PSU Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Bandhan Banking and PSU Fund Direct Growth?

The NAV of Bandhan Banking and PSU Fund Direct Growth is ₹26.97 as of 10 Jul 2026.

What is the PE and PB ratio of Bandhan Banking and PSU Fund Direct Growth?

The PE ratio ratio of Bandhan Banking and PSU Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Bandhan Banking and PSU Fund Direct Growth

Name: Bandhan Banking and PSU Fund Direct Growth
Brand: IDFC Mutual Fund

Debt

Banking and PSU

Moderate Risk

+7.36%

3Y annualised

+0.10% 1D

All

NAV: 10 Jul '26

₹26.97

Min. for SIP

₹100

Fund size (AUM)

₹12,172.21 Cr

Expense ratio

0.36%

Rating

Return calculator

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Returns
1 year	₹60,000	₹61,050	+1.75%
3 years	₹1,80,000	₹1,97,253	+9.59%
5 years	₹3,00,000	₹3,51,268	+17.09%
10 years	₹6,00,000	₹8,50,494	+41.75%

Holdings (99)

Name	Sector	Instruments	Assets
GOVERNMENT OF INDIA 36185 GOI 07JL40 6.68 FV RS 100	Entities	GOI Securities	7.74%
HDFC BANK LIMITED SR US003 7.70 NCD 16MY28 FVRS1LAC	Financial	Debenture	4.09%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 11JUN27	Financial	Certificate of Deposit	3.85%
INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 181 7.37 BD 31JL29 FVRS1LAC	Financial	Non Convertible Debenture	3.36%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25E 7.53 BD 24MR28 FVRS1LAC	Financial	Bonds	2.89%
Reverse Repo	Unspecified	Reverse Repo	2.42%
AXIS BANK LIMITED CD 16DEC26	Financial	Certificate of Deposit	2.39%
CANARA BANK CD 29JAN27	Financial	Certificate of Deposit	2.37%
Axis Bank Limited (26/02/2027) **	Financial	Certificate of Deposit	2.36%
HDFC BANK LIMITED SR V004 8.55 NCD 27MR29 FVRS10LAC	Financial	Debenture	2.36%
POWER FINANCE CORPORATION LIMITED SR 247A 7.44 BD 15JN30 FVRS1LAC	Financial	Bonds	2.28%
INDIAN OIL CORPORATION LIMITED SR XXVI 7.36 NCD 16JL29 FVRS1LAC	Energy & Utilities	Debenture	2.27%
HDFC BANK LIMITED SR U005 9 NCD 29NV28 FVRS10LAC	Financial	Debenture	2.21%
CANARA BANK CD 04MAR27	Financial	Certificate of Deposit	2.16%
KOTAK MAHINDRA BANK LIMITED CD 21DEC26	Financial	Certificate of Deposit	1.99%
EXPORT IMPORT BANK OF INDIA 363D CP 25JAN27	Financial	Commercial Paper	1.98%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 28JAN27	Financial	Certificate of Deposit	1.97%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC	Financial	Bonds	1.86%
HINDUSTAN PETROLEUM CORPORATION LIMITED SR I 7.22 NCD 28AG29 FVRS1LAC	Energy & Utilities	Debenture	1.86%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR III 7.34 BD 26FB29 FVRS1LAC	Financial	Bonds	1.85%
ICICI BANK LIMITED SR DNV21LB 6.67 BD 26NV28 FVRS10LAC	Financial	Debenture	1.79%
NTPC LIMITED SR 69 7.32 LOA 17JL29 FVRS10LAC	Energy & Utilities	Non Convertible Debenture	1.74%
HDFC BANK LIMITED SR 1 6.44 BD 27SP28 FVRS10LAC	Financial	Non Convertible Debenture	1.50%
BANK OF BARODA SR I 7.39 BD 17AG29 FVRS10LAC	Financial	Debenture	1.44%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 26A 6.66 BD 12OT28 FVRS1LAC	Financial	Debenture	1.42%
CANARA BANK CD 02FEB27	Financial	Certificate of Deposit	1.38%
POWER GRID CORPORATION OF INDIA LIMITED SR I 8.24 LOA 14FB29 FVRS10LAC	Energy & Utilities	Debenture	1.32%
BANK OF BARODA CD 05MAR27	Financial	Certificate of Deposit	1.26%
POWER FINANCE CORPORATION LTD. SERIES 203 B 7.75 BD 11JU30 FV10LAC	Financial	Non Convertible Debenture	1.22%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR II 6.74 BD 10JN29 FVRS1LAC	Financial	Debenture	1.22%
REC LIMITED SR 230-A 7.71 BD 26FB27 FVRS1LAC	Financial	Bonds	1.11%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 24H 7.62 BD 10MY29 FVRS1LAC	Financial	Debenture	1.04%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR VII 7.42 BD 12MR29 FVRS1LAC	Financial	Bonds/NCDs	1.03%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR IV 7.44 BD 10AP28 FVRS1LAC	Financial	Bonds/NCDs	1.03%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 26D 7.01 BD 16MR29 FVRS1LAC	Financial	Bonds	1.02%
REC LIMITED SR 249B 6.70 BD 31DC29 FVRS1LAC	Financial	Bonds	1.02%
ICICI BANK LIMITED SR DJU21LB 6.45 BD 15JU28 FVRS10LAC	Financial	Debenture	1.01%
POWER FINANCE CORPORATION LIMITED SR 251B 6.59 BD 15OT30 FVRS1LAC	Financial	Debenture	1.01%
ICICI BANK LIMITED CD 08MAR27	Financial	Certificate of Deposit	0.98%
HDFC BANK LIMITED SR W003 8.05 NCD 22OT29 FVRS10LAC	Financial	Fixed Deposits	0.84%
NATIONAL HIGHWAYS AUTHORITY OF INDIA SR IV 7.49 BD 01AG29 FVRS10LAC	Industrials	Debenture	0.83%
INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 178 7.46 BD 18JU29 FVRS1LAC	Financial	Non Convertible Debenture	0.83%
REC LIMITED SR 234-B 7.58 BD 31MY29 FVRS1LAC	Financial	Debenture	0.83%
POWER FINANCE CORPORATION LIMITED SR 248B 7.45 NCD 15JL28 FVRS1LAC	Financial	Bonds	0.83%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25C 7.44 BD 24FB28 FVRS1LAC	Financial	Bonds	0.82%
INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 191B 6.58 BD 30MY30 FVRS1LAC	Financial	Bonds	0.81%
ICICI BANK LIMITED CD 25MAR27	Financial	Certificate of Deposit	0.78%
GOVERNMENT OF INDIA 35840 GOI 15AP65 6.9 FV RS 100	Entities	GOI Securities	0.69%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 23I 7.62 LOA 31JN28 FVRS1LAC	Financial	Debenture	0.66%
INDIAN RAILWAY FINANCE CORPORATION LIMITED SERIES 142 7.50 LOA 09SP29 FVRS10LAC	Financial	Debenture	0.63%
POWER FINANCE CORPORATION LIMITED SR 237A 7.60 BD 13AP29 FVRS1LAC	Financial	Non Convertible Debenture	0.62%
7.34% REC Ltd. **	Financial	Debenture	0.62%
REC LIMITED SR 247 A 6.87 BD 31MY30 FVRS1LAC	Financial	Bonds	0.61%
GOVERNMENT OF INDIA 36320 GOI 18AG55 7.24 FV RS 100	Entities	GOI Securities	0.61%
INDIAN BANK CD 15DEC26	Financial	Certificate of Deposit	0.60%
Net Current Assets	Unspecified	Net Current Assets	0.51%
POWER GRID CORPORATION OF INDIA LIMITED STRPP-C 8.7 LOA 15JL28 FVRS10LAC	Energy & Utilities	Bonds	0.48%
HDFC BANK LIMITED SR U003 9 NCD 01NV28 FVRS10LAC	Financial	Debenture	0.43%
NHPC LIMITED SERIES I 8.12 LOA 22MR29 FVRS10LAC	Energy & Utilities	Debenture	0.42%
NATIONAL HIGHWAYS AUTHORITY OF INDIA SR III 7.80 BD 26JU29 FVRS10LAC	Industrials	Debenture	0.42%
EXPORT IMPORT BANK OF INDIA SR AB01 7.23 BD 18MR31 FVRS1LAC	Financial	Debenture	0.41%
REC LIMITED SR 223B 7.46 BD 30JU28 FVRS1LAC	Financial	Debenture	0.41%
AXIS BANK LIMITED CD 26NOV26	Financial	Certificate of Deposit	0.40%
POWER FINANCE CORPORATION LIMITED SR 250B 6.64 BD 15JL30 FVRS1LAC	Financial	Debenture	0.40%
KOTAK MAHINDRA BANK LIMITED CD 24SEP26	Financial	Certificate of Deposit	0.40%
BANK OF BARODA CD 25JAN27	Financial	Certificate of Deposit	0.40%
AXIS BANK LIMITED CD 17DEC26	Financial	Certificate of Deposit	0.40%
PUNJAB NATIONAL BANK CD 09MAR27	Financial	Certificate of Deposit	0.39%
CANARA BANK CD 02MAR27	Financial	Certificate of Deposit	0.39%
Others Class A2 AIF	Unspecified	Alternative Investment Fund	0.36%
STATE DEVELOPMENT LOAN 37131 MH 25FB30 6.77 FV RS 100	Unspecified	State Development Loan	0.33%
GOVERNMENT OF INDIA 33071 GOI 19JU53 7.3 FV RS 100	Entities	GOI Securities	0.27%
NATIONAL HIGHWAYS AUTHORITY OF INDIA SERIES V 8.49 BD 05FB29 FVRS10LAC	Industrials	Non Convertible Debenture	0.26%
Export-Import Bank Of India 8.87 30/10/2029	Financial	Bonds	0.22%
RURAL ELECTRIFICATION CORPORATION LIMITED SR III 8.06 BD 27MR28 FVRS10LAC	Financial	Bonds/Debentures	0.21%
INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 172B 7.45 BD 13OT28 FVRS1LAC	Financial	Bonds/NCDs	0.21%
EXPORT IMPORT BANK OF INDIA SR AA01 7.14 BD 13DC29 FVRS1LAC	Financial	Bonds	0.21%
Nuclear Power Corpn. Of India Ltd. 8.14 25/03/2027	Energy & Utilities	Debenture	0.21%
POWER FINANCE CORPORATION LTD. SR BS227B 7.77 BD 15AP28 FVRS1LAC	Financial	Debenture	0.21%
HINDUSTAN PETROLEUM CORPORATION LIMITED SR II 7.03 NCD 12AP30 FVRS10LAC	Energy & Utilities	Debenture	0.21%
REC LIMITED SERIES 188B 7.89 NCD 31MR30 FVRS10LAC	Financial	Debenture	0.21%
INDIAN OIL CORPORATION LIMITED SR XIV 7.41 LOA 22OT29 FVRS10LAC	Energy & Utilities	Debenture	0.21%
BANK OF BARODA CD 04DEC26	Financial	Certificate of Deposit	0.20%
PUNJAB NATIONAL BANK CD 28JAN27	Financial	Certificate of Deposit	0.20%
RURAL ELECTRIFICATION CORPORATION LIMITED SR 211 6.23 BD 31OT31 FVRS10LAC	Financial	Bonds/NCDs	0.20%
PUNJAB NATIONAL BANK CD 12MAR27	Financial	Certificate of Deposit	0.20%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR VII 7.75 BD 10JU27 FVRS1LAC	Financial	Debenture	0.16%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR III 7.55 BD 22SP26 FVRS1LAC	Financial	Non Convertible Debenture	0.12%
INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 140 7.48 LOA 13AG29 FVRS10LAC	Financial	Non Convertible Debenture	0.12%
NATIONAL HOUSING BANK 7.59 BD 08SP27 FVRS1LAC	Financial	Non Convertible Debenture	0.08%
STATE DEVELOPMENT LOAN 35692 ORS 12MR30 7.17 FV RS 100	Financial	State Development Loan	0.08%
Nuclear Power Corpn. Of India Ltd Debenture 8.13 28/03/2027	Energy & Utilities	Debenture	0.08%
NATIONAL HOUSING BANK 7.22 BD 23JL26 FVRS1LAC	Financial	Non Convertible Debenture	0.04%
RURAL ELECTRIFICATION CORPORATION LIMITED 7.77 SR 220-A BD 31MR28 FVRS1LAC	Financial	Non Convertible Debenture	0.04%
GOI Sec 6.79 26/12/2029	Entities	GOI Securities	0.04%
CENTRAL GOVERNMENT LOAN 31280 GOI 17JN32 6.54 FV RS 100	Entities	GOI Securities	0.02%
GOVERNMENT OF INDIA 36232 GOI 21JL30 6.01 FV RS 100	Entities	GOI Securities	0.02%
Tamilnadu State 7.18 26/07/2027	Unspecified	State Development Loan	0.01%
Others CBLO	Unspecified	CBLO	0.00%

See All

Minimum investments

Min. for 1st investment

₹1,000

Min. for 2nd investment

₹1,000

Min. for SIP

₹100

Returns and rankings

Annualised returns

Absolute returns

Name	3Y	5Y	10Y	All
Fund returns	+7.4%	+6.3%	+7.3%	+7.7%
Category average (Debt Banking and PSU)	+7.3%	+5.7%	+7.1%	--
Rank (Debt Banking and PSU)	11	10	9	--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed as per your Income Tax slab.

Check past data

Compare similar funds

	Name	1Y	3Y	Fund Size(Cr)
	ICICI Prudential Banking & PSU Debt Direct Growth	+5.99%	+7.65%	8,823.38
	Franklin India Banking & PSU Debt Fund Direct Growth	+6.28%	+7.57%	583.95
	UTI Banking & PSU Fund Direct Growth	+5.76%	+7.40%	1,100.58
	Bandhan Banking and PSU Fund Direct Growth	+5.87%	+7.36%	12,172.21
	Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth	+5.22%	+7.36%	8,963.04
Compare

Fund management

BS
Brijesh Shah
Jun 2024 - Present
View details

Education

Mr. Shah is a Post Graduate Diploma in Finance.

Experience

Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) he has worked with IDBI Mutual Fund, IndiaBulls Mutual Fund, Mata Securities & Twenty First Century.

Also manages these schemes

Bandhan Conservative Hybrid Fund Direct Plan Growth

Bandhan Banking and PSU Fund Direct Growth

Bandhan Liquid Fund Direct Plan Growth

Bandhan Low Duration Fund Direct Growth

Bandhan Money Market Fund Direct Growth

Bandhan Dynamic Bond Fund Direct Growth

Bandhan Gilt Fund with 10 year Constant Duration Fund Direct Growth

Bandhan Gilt Fund Direct Growth

Bandhan Medium to Long Duration Fund Direct Growth

Bandhan Medium Duration Fund Direct Growth

Bandhan Short Duration Fund Direct Growth

Bandhan Arbitrage Fund Direct Growth

Bandhan Equity Savings Fund Direct Growth

Arudha Hybrid Long Short Fund Direct Growth

Arudha Equity Long Short Fund Direct Growth

Bandhan Ultra Short Duration Fund Direct Growth

Bandhan Corporate Bond Fund Direct Growth

Bandhan Aggressive Hybrid Fund Direct Growth

Bandhan Balanced Advantage Fund Direct Growth

Bandhan Credit Risk Fund Direct Growth

Bandhan Overnight Fund Direct Growth

Bandhan Floater Fund Direct Growth

Bandhan US Treasury Bond 0 1 year Specific Debt Passive FoF Direct Growth

Bandhan Retirement Fund Direct Growth

Bandhan Multi Asset Allocation Fund Direct Growth

Bandhan Long Duration Fund Direct Growth

Bandhan Innovation Fund Direct Growth

Bandhan CRISIL IBX 10:90 Gilt + SDL Index Dec 2029 Fund Direct Growth

Bandhan CRISIL IBX Financial Services 3 6 Months Debt Index Fund Direct Growth

Bandhan Multi Factor Fund Direct Growth

Bandhan Healthcare Fund Direct Growth

GK
Gautam Kaul
Dec 2021 - Present
View details

Education

Mr. Kaul is a B.Com (H) and MBA (Finance).

Experience

Prior to joining Bandhan Mutual Fund(formerly IDFC Mutual Fund), he has worked with Edelweiss AMC, Invesco Mutual Fund, Sahara India Asset Management Company Pvt. Ltd, IDBI AMC. and Mata Securities (India) Pvt. Ltd.

Also manages these schemes

Bandhan Banking and PSU Fund Direct Growth

Bandhan Money Market Fund Direct Growth

Bandhan Corporate Bond Fund Direct Growth

Bandhan Credit Risk Fund Direct Growth

Bandhan CRISIL IBX Gilt June 2027 Index Fund Direct Growth

Bandhan CRISIL IBX Gilt April 2028 Index Fund Direct Growth

Bandhan CRISIL IBX 90:10 SDL Plus Gilt April 2032 Index Fund Direct Growth

Bandhan CRISIL IBX 90:10 SDL Plus Gilt November 2026 Index Fund Direct Growth

Bandhan CRISIL IBX 90:10 SDL Plus Gilt September 2027 Index Fund Direct Growth

Bandhan Crisil IBX Gilt April 2032 Index Fund Direct Growth

Bandhan Retirement Fund Direct Growth

Bandhan Multi Asset Allocation Fund Direct Growth

Bandhan Long Duration Fund Direct Growth

SC
Suyash Choudhary
Jul 2021 - Present
View details

Education

Mr. Choudhary is a B.A (H) Economics from Delhi University and PGDM from IIM Calcutta.

Experience

Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) he has worked with HSBC Asset Management (India) Pvt. Ltd., Standard Chartered Asset Management Co. Pvt. Ltd. and Deutsche Bank.

Also manages these schemes

Bandhan Banking and PSU Fund Direct Growth

Bandhan Dynamic Bond Fund Direct Growth

Bandhan Gilt Fund Direct Growth

Bandhan Medium to Long Duration Fund Direct Growth

Bandhan Medium Duration Fund Direct Growth

Bandhan Short Duration Fund Direct Growth

Bandhan Corporate Bond Fund Direct Growth

About Bandhan Banking and PSU Fund Direct Growth

Bandhan Banking and PSU Fund Direct Growth is a Debt Mutual Fund Scheme launched by Bandhan Mutual Fund. This scheme was made available to investors on 20 Dec 1999. Brijesh Shah is the Current Fund Manager of Bandhan Banking and PSU Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,02,943 Cr and the Latest NAV as of 10 Jul 2026 is ₹26.97. The Bandhan Banking and PSU Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹1,000. ;