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Blog
Sundaram Banking & PSU Fund Direct Growth

Sundaram Banking & PSU Fund Direct Growth

Debt
Banking and PSU
Moderate Risk
+7.38%
3Y annualised
-0.03% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 19 Jan '26
₹44.85
Min. SIP amount
₹250
Fund size
₹376.88 Cr
Expense ratio
0.27%

Return calculator

Monthly SIP
One time
Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹62,393
+3.99%
3 years₹1,80,000₹2,01,218
+11.79%
5 years₹3,00,000₹3,51,495
+17.16%
10 years₹6,00,000₹8,36,111
+39.35%

Holdings (29)

NameSectorInstrumentsAssets
Indian Oil Corporation Ltd.EnergyNCD8.07%
REC Ltd.FinancialDebenture6.73%
HDFC Bank Ltd.FinancialDebenture6.72%
Small Industries Devp. Bank of India Ltd.FinancialBonds6.70%
Housing & Urban Development Corporation Ltd.FinancialDebenture6.56%
Export-Import Bank Of IndiaFinancialBonds5.38%
National Housing BankFinancialDebenture5.37%
GOISovereignGOI Sec5.35%
GOISovereignGOI Sec5.26%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture4.05%
GOISovereignGOI Sec2.76%
Indian Railway Finance Corporation Ltd.FinancialNCD2.69%
National Bank For Agriculture & Rural DevelopmentFinancialBonds2.69%
State Bank of IndiaFinancialBonds2.66%
Power Finance Corporation Ltd.FinancialBonds/NCD2.65%
Bajaj Finance Ltd.FinancialDebenture2.64%
Power Finance Corporation Ltd.FinancialBonds2.64%
Karnataka StateOthersSDL1.36%
Power Finance Corporation Ltd.FinancialNCD1.35%
HDB Financial Services Ltd.FinancialNCD1.34%
REC Ltd.FinancialDebenture1.34%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture1.34%
Indian Railway Finance Corporation Ltd.FinancialDebenture1.34%
National Housing BankFinancialDebenture1.33%
Bajaj Finance Ltd.FinancialDebenture1.33%
Bharti Telecom Ltd.CommunicationDebenture1.32%
Power Finance Corporation Ltd.FinancialDebenture1.30%
REC Ltd.FinancialDebenture1.06%
GOISovereignGOI Sec0.26%
See All

Minimum investments

Min. for 1st investment
₹5,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹250

Returns and rankings

Annualised returns
Absolute returns
Name3Y5Y10YAll
Fund returns+7.4%+5.7%+6.7%+7.2%
Category average (Debt Banking and PSU)+7.3%+5.7%+7.1%--
Rank (Debt Banking and PSU)1416----

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

Name1Y3YFund Size(Cr)
ICICI Prudential Banking & PSU Debt Direct Growth
ICICI Prudential Banking & PSU Debt Direct Growth
+7.42%+7.77%9,727.95
UTI Banking & PSU Fund Direct Growth
UTI Banking & PSU Fund Direct Growth
+7.63%+7.45%1,014.91
TRUSTMF Banking & PSU Fund Direct Growth
TRUSTMF Banking & PSU Fund Direct Growth
+7.29%+7.43%131.79
Axis Banking & PSU Debt Direct Plan Growth
Axis Banking & PSU Debt Direct Plan Growth
+7.27%+7.27%13,573.62
Bandhan Banking and PSU Fund Direct Growth
Bandhan Banking and PSU Fund Direct Growth
+6.92%+7.27%12,650.77
Compare

Fund management

DS
Dwijendra Srivastava
Jan 2013 - Present
View details

Education
Mr. Srivastava is B.Tech , PGDM (Finance) and CFA.
Experience
Prior to joining Sundaram Mutual Fund he has worked with PGIM India Mutual Fund, JM Financial AMC, Tata AMC Private Ltd., Tower Capital and Securities, Indo Swiss Financial and Gontermann Pipers.
Also manages these schemes
Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Direct Growth
Sundaram Aggressive Hybrid Fund Direct Growth
Sundaram Banking & PSU Fund Direct Growth
Sundaram Short Duration Fund Direct Growth
Sundaram Multi Factor Fund Direct Growth
Sundaram Long Term Tax Advantage Fund Series IV Direct Growth
Sundaram Conservative Hybrid Fund Direct Plan Growth
Sundaram Long Term Tax Advantage Fund Series III Direct Growth
Sundaram Corporate Bond Fund Direct Growth
Sundaram Flexi Cap Fund Direct Growth
Sundaram Long Term Micro Cap Tax Advantage Fund Series III Direct Growth
Sundaram Money Market Fund Direct Growth
Sundaram Low Duration Fund Direct Growth
Sundaram Liquid Direct Growth
Sundaram Medium Duration Fund Direct Growth
Sundaram Ultra Short Duration Fund Direct Growth
Sundaram Arbitrage Fund Direct Growth
Sundaram Long Term Micro Cap Tax Advantage Fund Series V Direct Growth
Sundaram Multi Asset Allocation Fund Direct Growth
Sundaram Business Cycle Fund Direct Growth
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth
Sundaram Overnight Fund Direct Growth
Sundaram Balanced Advantage Fund Direct Growth
Sundaram Equity Savings Fund Direct Growth
Sundaram Long Term Tax Advantage Fund Series II Direct Growth

SA
Sandeep Agarwal
May 2022 - Present
View details

YPS
Yash Pankaj Sanghvi
May 2025 - Present
View details

Education
B.Tech (Electronics), PGDM (Finance)
Experience
Prior to joining Sundaram MF, he was associated with LIC Mutual Fund.

About Sundaram Banking & PSU Fund Direct Growth

Sundaram Banking & PSU Fund Direct Growth is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 26 Feb 1996. Dwijendra Srivastava is the Current Fund Manager of Sundaram Banking & PSU Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹76,137 Cr and the Latest NAV as of 19 Jan 2026 is ₹44.85. The Sundaram Banking & PSU Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹250. Minimum Lumpsum Investment is ₹5,000. ;

Investment Objective

The scheme seeks to generate income and capital appreciation by predominantly investing in debt instruments of Banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds.
Fund benchmarkNifty Banking & PSU Debt Index A-II
Scheme Information Document(SID)

Fund house

AMC Image
Sundaram Mutual Fund
Rank (total assets)#17 in India
Total AUM₹76,136.70 Cr
Date of Incorporation26 Feb 1996
Phone1860-425-7237
E-mailNA
Websitehttp://www.sundarammutual.com
Launch Date26 Feb 1996
AddressSundaram Towers No. 46,,1st& 2nd Floor, Whites Road,Royapettah Chennai 600014
CustodianStandard Chartered Bank
Registrar & Transfer AgentKFin Tech
Email[email protected]
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Vaishnavi Tech Park, South Tower, 3rd FloorSarjapur Main Road, Bellandur, Bengaluru – 560103Karnataka
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