HDFC Banking and PSU Debt Fund

Banking & PSUDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

HDFC Banking and PSU Debt Fund is a Banking & PSU fund run by HDFC Mutual Fund. On 30-09-2026, it managed ₹5,055 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 6.8% a year and its Regular plan returned 6.3% a year. Its benchmark, NIFTY Banking & PSU Debt Index A-II, returned 6.6% a year over the same 3 years.

NAV (Direct plan): ₹25.35; ▲ 0.03%30-10-2026
NAV (Regular plan): ₹24.23; ▲ 0.03%30-10-2026
Expense ratio: 0.35%Direct0.68%Regular; 0.35%; A year
Riskometer: Moderate; Set by the fund house
3 year return: 6.8%Direct6.3%Regular; 6.8%; A year

HDFC Banking and PSU Debt Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹25.35 (up 0.03% that day); Regular Plan Growth ₹24.23 (up 0.03% that day).

This fund (Direct plan)

₹25.3486

HDFC Banking and PSU Debt Fund Returns vs NIFTY Banking & PSU Debt Index A-II

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−0.44%	−0.41%	+2.03%	+3.44%	+6.75%	+6.09%	+6.99%
This fund (Regular)	−0.46%	−0.50%	+1.85%	+3.06%	+6.35%	+5.67%	+6.54%
NIFTY Banking & PSU Debt Index A-II	+0.16%	+0.57%	+2.67%	+4.43%	+6.60%	+5.65%	--
Banking & PSU average	−0.21%	+0.14%	+2.36%	+4.04%	+6.88%	+6.22%	+6.95%
Best in Banking & PSU	+0.29%	+1.41%	+3.21%	+5.74%	+7.47%	+7.79%	+7.22%
Worst in Banking & PSU	−0.45%	−0.53%	+1.89%	+2.97%	+6.32%	+5.58%	+6.46%
Rank in Banking & PSU	16/19	18/19	15/19	17/19	12/18	11/16	8/13

Category rows compare the Direct plans of 19 Banking & PSU funds. Rank 1 is the highest return. The benchmark row is as on 30-09-2026, as NSE published it.

HDFC Banking and PSU Debt Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	+2.72%	+2.42%
2025	+7.87%	+7.46%
2024	+8.27%	+7.85%
2023	+7.28%	+6.83%
2022	+3.72%	+3.28%
2021	+4.13%	+3.66%

HDFC Banking and PSU Debt Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,323 periods, one for each trading day from 27-03-2017 to 30-10-2026.

0%2%4%6%8%10%

Jan 2015
to
Jan 2018Aug 2016
to
Aug 2019Apr 2018
to
Apr 2021Nov 2019
to
Nov 2022Jul 2021
to
Jul 2024Jan 2023
to
Jan 2026

HDFC Banking and PSU Debt Fund (Direct)Category average, 19 Banking & PSU funds

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	2,805	8.0%	2.6%	12.4%	0%	7.8%	75%
2 years	2,564	7.8%	3.8%	11.5%	0%	7.7%	72%
3 years	2,323	7.9%	4.9%	9.9%	0%	7.7%	87%
5 years	1,840	7.4%	6.0%	9.3%	0%	7.2%	96%
7 years	1,353	7.6%	6.6%	9.0%	0%	7.4%	100%
10 years	628	7.9%	7.0%	8.0%	0%	7.6%	100%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	140	7.8%	1.9%	14.1%	0%	7.6%	73%
2 years	128	7.8%	3.4%	12.0%	0%	7.6%	72%
3 years	116	7.5%	4.7%	10.6%	0%	7.3%	80%
5 years	92	7.2%	6.2%	9.6%	0%	7.1%	92%
7 years	68	7.0%	6.5%	8.8%	0%	6.9%	99%
10 years	32	7.3%	6.8%	7.7%	0%	7.2%	100%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 19 Banking & PSU funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

HDFC Banking and PSU Debt Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	HDFC Banking and PSU Debt Fund (Direct)This fund	Category average
Return (CAGR)	+3.44%	+4.04%
Standard deviation	1.43%	1.18%
Sharpe ratio	-1.26	-1.02
Sortino ratio	-1.68	-1.39
Maximum drawdown	−0.99% (23-10-2026)	−0.54% (02-04-2026)

From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	HDFC Banking and PSU Debt Fund (Direct)This fund	Category average
Return (CAGR)	+6.75%	+6.89%
Standard deviation	1.13%	1.00%
Sharpe ratio	0.64	0.87
Sortino ratio	0.92	1.29
Maximum drawdown	−0.99% (23-10-2026)	−0.54% (02-04-2026)

From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	HDFC Banking and PSU Debt Fund (Direct)This fund	Category average
Return (CAGR)	+6.09%	+6.19%
Standard deviation	1.04%	0.98%
Sharpe ratio	0.28	0.39
Sortino ratio	0.38	0.54
Maximum drawdown	−0.99% (23-10-2026)	−0.91% (05-05-2022)

From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	HDFC Banking and PSU Debt Fund (Direct)This fund	Category average
Return (CAGR)	+6.99%	+6.96%
Standard deviation	1.68%	1.60%
Sharpe ratio	0.95	0.98
Sortino ratio	1.51	1.59
Maximum drawdown	−3.1% (24-03-2020)	−3.2% (23-03-2020)

From daily NAVs, 28-10-2016 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	HDFC Banking and PSU Debt Fund (Direct)This fund	Category average
Return (CAGR)	+7.66%	+7.51%
Standard deviation	1.55%	1.46%
Sharpe ratio	1.18	1.15
Sortino ratio	1.91	1.87
Maximum drawdown	−3.1% (24-03-2020)	−3.2% (23-03-2020)

From daily NAVs, 26-03-2014 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−4%−3%−2%−1%0%

201520172019202120232025

HDFC Banking and PSU Debt Fund (Direct)Category average, 19 Banking & PSU funds

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
HDFC Banking and PSU Debt Fund (Direct)	−3.1%	06-03-2020	24-03-2020	20-04-2020	27 days	−0.86%
Category average	−3.2%	06-03-2020	23-03-2020	20-04-2020	28 days	−0.37%

From the Direct plan's daily NAV since 26-03-2014, adjusted for unit splits, and the average of the 19 Banking & PSU funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

HDFC Banking and PSU Debt Fund vs Other Banking & PSU Funds

The five Banking & PSU funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
UTI Banking & PSU Debt Fund	1/18	1,448	0.24%	+5.74%	+7.47%	--	--	1.92	3.16	Compare
Franklin India Banking & PSU Debt Fund	2/18	565	0.23%	+5.39%	+7.31%	--	--	1.31	2.00	Compare
LIC MF Banking & PSU Debt Fund	3/18	1,598	0.28%	+4.25%	+7.11%	--	--	1.02	1.54	Compare
SBI Banking & PSU Debt Fund	4/18	3,512	0.41%	+4.41%	+7.07%	--	--	1.04	1.57	Compare
Kotak Banking and PSU Debt Fund	5/18	4,761	0.40%	+4.03%	+7.01%	--	--	0.86	1.26	Compare
HDFC Banking and PSU Debt Fund	12/18	5,055	0.35%	+3.44%	+6.75%	--	--	0.64	0.92

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

HDFC Banking and PSU Debt Fund Expense Ratio and Costs

What each plan charges a year, in force from 16-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Banking & PSU median	Cost rank (1 = cheapest)
Direct	0.30%	0.00%	0.00%	0.05%	0.35%	0.36%	8/19
Regular	0.58%	0.00%	0.00%	0.10%	0.68%	0.70%	8/19

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Banking & PSU funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	3.06%	3.44%	0.38%	₹1,03,060	₹1,03,440
3 years	6.35%	6.75%	0.40% a year	₹1,20,285	₹1,21,648
5 years	5.67%	6.09%	0.42% a year	₹1,31,752	₹1,34,392
10 years	6.54%	6.99%	0.45% a year	₹1,88,420	₹1,96,531

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

HDFC Banking and PSU Debt Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 26-03-2014 to 30-10-2026: 152 instalments, ₹15,20,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planHDFC Banking and PSU Debt Fund (Direct)	₹15,20,000	₹24,14,726	₹8,94,726	7.0%
Regular planHDFC Banking and PSU Debt Fund (Regular)	₹15,20,000	₹23,44,710	₹8,24,710	6.6%
Category averageCategory average, 19 Banking & PSU funds	₹15,20,000	₹24,02,367	₹8,82,367	6.9%

₹0₹5.0 L₹10.0 L₹15.0 L₹20.0 L₹25.0 L

201520172019202120232025

Direct planHDFC Banking and PSU Debt Fund (Direct)Regular planHDFC Banking and PSU Debt Fund (Regular)Category averageCategory average, 19 Banking & PSU fundsAmount invested

From each plan's published NAV (Growth option) and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

HDFC Banking and PSU Debt Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

95.2%Debt

Asset	Fund	Category
Debt	95.2%	91.5%
Cash and others	4.8%	8.5%

Credit rating

Bonds and money market papers by credit rating, % of the fund. Category: the average of 19 Banking & PSU funds.

Rating	Fund	Category
Sovereign	8.9%	8.9%
AAA and A1+	84.5%	81.8%
AA	1.7%	0.8%

HDFC Banking and PSU Debt Fund Portfolio Holdings

As on 30-09-2026 · 102 holdings · from the fund house's monthly portfolio

Holdings	Rating	Weight%
Indian Railways Finance Corp. Ltd. · Bond	CRISIL - AAA	5.41%
Bajaj Housing Finance Ltd. · Bond	CRISIL - AAA	2.97%
REC Limited. · Bond	CRISIL - AAA	2.96%
Indian Railways Finance Corp. Ltd. · Bond	CRISIL - AAA	2.96%
Housing and Urban Development Corporation Ltd. · Bond	CARE - AAA	2.52%
National Bank for Agri & Rural Dev. · Bond	CRISIL - AAA	2.47%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	2.44%
Punjab National Bank · Bond	CRISIL - AAA	2.39%
Small Industries Development Bank · Bond	CRISIL - AAA	1.98%
LIC Housing Finance Ltd. · Bond	CRISIL - AAA	1.97%
Bajaj Housing Finance Ltd. · Bond	CRISIL - AAA	1.97%
Union Bank of India · Certificate of deposit	ICRA - A1+	1.94%
UCO Bank · Certificate of deposit	CRISIL - A1+	1.69%
Power Grid Corporation of India Ltd. · Bond	CRISIL - AAA	1.58%
6.67% GOI MAT 151235 · Government security	Sovereign	1.53%
REC Limited. · Bond	CRISIL - AAA	1.51%
SMFG India Credit Company Ltd · Bond	CARE - AAA	1.49%
National Housing Bank · Bond	CRISIL - AAA	1.49%
National Bank for Agri & Rural Dev. · Bond	ICRA - AAA	1.48%
HDFC Bank Ltd. · Bond	CRISIL - AAA	1.47%
Small Industries Development Bank · Bond	CRISIL - AAA	1.47%
Housing and Urban Development Corporation Ltd. · Bond	CARE - AAA	1.43%
Shivshakti Securitisation Trust (Originator - Sikka Ports & Terminals Limited)	CRISIL - AAA(SO)	1.42%
National Bank for Agri & Rural Dev. · Bond	CRISIL - AAA	1.18%
HDFC Bank Ltd. · Bond	CRISIL - AAA	1.17%
REC Limited. · Bond	CRISIL - AAA	1.11%
7.18% GOI MAT 140833 · Government security	Sovereign	1.09%
REC Limited. · Bond	IND - AAA	1.01%
REC Limited. · Bond	CRISIL - AAA	1.01%
National Bank for Agri & Rural Dev. · Bond	CRISIL - AAA	1.00%
7.64% Gujarat SDL ISD 170124 MAT 170133 · State government security	Sovereign	0.99%
Pipeline Infrastructure Pvt. Ltd. · Bond	CRISIL - AAA	0.99%
Export - Import Bank of India · Bond	CRISIL - AAA	0.99%
Small Industries Development Bank · Bond	CRISIL - AAA	0.99%
7.73% Tamil Nadu Mat 060536 · State government security	Sovereign	0.98%
REC Limited. · Bond	CRISIL - AAA	0.98%
HDFC Bank Ltd. · Bond	CRISIL - AAA	0.98%
National Bank for Agri & Rural Dev. · Bond	CRISIL - AAA	0.98%
Bajaj Housing Finance Ltd. · Bond	CRISIL - AAA	0.98%
Small Industries Development Bank · Bond	CRISIL - AAA	0.98%
National Housing Bank · Bond	CARE - AAA	0.98%
Bank of Baroda · Certificate of deposit	CARE - A1+	0.97%
Indian Railways Finance Corp. Ltd. · Bond	CRISIL - AAA	0.97%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.97%
Small Industries Development Bank · Bond	CRISIL - AAA	0.97%
Small Industries Development Bank · Bond	CRISIL - AAA	0.97%
Mahanagar Telephone Nigam Ltd. · Bond	BRICKWORKS - AA+(CE)	0.95%
Siddhivinayak Securitisation Trust (Originator - Sikka Ports & Terminals Limited)	CRISIL - AAA(SO)	0.95%
Power Grid Corporation of India Ltd. · Bond	CRISIL - AAA	0.78%
Mahanagar Telephone Nigam Ltd. · Bond	BRICKWORKS - AA+(CE)	0.76%
REC Limited. · Bond	CRISIL - AAA	0.69%
State Bank of India (Tier 2 - Basel III) · Bond	CRISIL - AAA	0.67%
7.34% GOI MAT 220464 · Government security	Sovereign	0.60%
7.64% % Gujarat SDL ISD 170124 Mat 170134 · State government security	Sovereign	0.59%
Bank of Baroda (Tier 2 - Basel III) · Bond	CRISIL - AAA	0.58%
Toyota Financial Services India Ltd. · Bond	ICRA - AAA	0.54%
Indian Railways Finance Corp. Ltd. · Bond	CRISIL - AAA	0.52%
Pipeline Infrastructure Pvt. Ltd. · Bond	CRISIL - AAA	0.50%
Indian Railways Finance Corp. Ltd. · Bond	CRISIL - AAA	0.50%
LIC Housing Finance Ltd. · Bond	CRISIL - AAA	0.50%
National Bank for Agri & Rural Dev. · Bond	CRISIL - AAA	0.50%
7.63% Gujarat SDL ISD 240124 Mat 240133 · State government security	Sovereign	0.49%
REC Limited. · Bond	CRISIL - AAA	0.49%
HDFC Bank Ltd. (Tier 2 - Basel III) · Bond	CRISIL - AAA	0.49%
HDFC Bank Ltd. · Bond	CRISIL - AAA	0.49%
Power Finance Corporation Ltd. · Bond	CRISIL - AAA	0.49%
Mahanagar Telephone Nigam Ltd. · Bond	CARE - AAA(CE)	0.49%
Kotak Mahindra Bank Limited	CRISIL - A1+	0.49%
Indian Oil Corporation Ltd. · Bond	CRISIL - AAA	0.49%
National Bank for Agri & Rural Dev. · Bond	ICRA - AAA	0.49%
National Bank for Agri & Rural Dev. · Bond	ICRA - AAA	0.49%
National Bank for Agri & Rural Dev. · Bond	CRISIL - AAA	0.49%
National Bank for Agri & Rural Dev. · Bond	CRISIL - AAA	0.49%
Poonawalla Fincorp Ltd · Bond	CRISIL - AAA	0.49%
Small Industries Development Bank · Bond	CRISIL - AAA	0.49%
Small Industries Development Bank · Bond	CRISIL - AAA	0.49%
REC Limited. · Bond	CRISIL - AAA	0.48%
State Bank of India (Tier 2 - Basel III) · Bond	CRISIL - AAA	0.48%
Altius Telecom Infrastructure Trust · Bond	CRISIL - AAA	0.48%
National Housing Bank · Bond	CARE - AAA	0.48%
Union Bank of India · Certificate of deposit	IND - A1+	0.48%
Union Bank of India · Certificate of deposit	IND - A1+	0.48%
6.94% GOI MAT 110536 · Government security	Sovereign	0.39%
7.63% Gujarat SDL ISD 240124 Mat 240134 · State government security	Sovereign	0.39%
Small Industries Development Bank · Bond	CRISIL - AAA	0.39%
Corporate Debt Market Development Fund		0.36%
7.39% TAMIL NADU SDL - Mat 150734 · State government security	Sovereign	0.29%
Bajaj Finance Ltd. · Bond	CRISIL - AAA	0.29%
7.63% Andhra Pradesh SDL ISD 030925 MAT 030937 · State government security	Sovereign	0.19%
7.72% Bihar SDL - MAT 250241 · State government security	Sovereign	0.19%
7.48% Madhya Pradesh MAT 011045 · State government security	Sovereign	0.19%
7.20% Maharashtra SDL MAT 231036 · State government security	Sovereign	0.19%
7.63% Gujarat SDL - MAT 100637 · State government security	Sovereign	0.17%
7.48% Andhra Pradesh SDL ISD 030925 MAT 030933 · State government security	Sovereign	0.15%
7.62% Andhra Pradesh SDL ISD 030925 MAT 030936 · State government security	Sovereign	0.13%
7.48% Andhra Pradesh SDL ISD 030925 MAT 030934 · State government security	Sovereign	0.12%
7.67% Haryana SDL MAT 250241 · State government security	Sovereign	0.10%
7.63% Maharashtra SDL Mat 310135 · State government security	Sovereign	0.10%
Indian Railways Finance Corp. Ltd. · Bond	CRISIL - AAA	0.10%
Bajaj Finance Ltd. · Bond	CRISIL - AAA	0.09%
7.07% Gujarat SDL ISD 240925 MAT 240932 · State government security	Sovereign	0.07%
7.03% Haryana SDL ISD 110625 MAT 110639 · State government security	Sovereign	0.01%

HDFC Banking and PSU Debt Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
HDFC Short Term FundShort Duration · HDFC	28.8%	55	Compare
HDFC Corporate Bond FundCorporate Bond · HDFC	24.8%	54	Compare
HDFC Floating Interest Rates FundFloater · HDFC	18.4%	27	Compare
Kotak Banking and PSU Debt FundBanking & PSU · Kotak Mahindra	16.6%	19	Compare
ICICI Prudential Banking and PSU Debt FundBanking & PSU · ICICI Prudential	15.2%	18	Compare
Nippon India Banking and PSU Debt FundBanking & PSU · Nippon India	15.0%	22	Compare
AXIS Corporate Bond FundCorporate Bond · Axis	14.8%	21	Compare
Nippon India Floating Interest Rates FundFloater · Nippon India	13.8%	18	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

HDFC Banking and PSU Debt Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.35%
Expense ratio (Regular): 0.68%
Category: Banking & PSU
Risk: Moderate
Benchmark: NIFTY Banking & PSU Debt Index A-II
Launch date: 26-03-2014
Minimum investment: ₹100
Minimum additional investment: ₹100
AUM: ₹5,055.46 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 128629
ISIN (Direct): INF179KA1IZ7
Scheme code (Regular): 128628
ISIN (Regular): INF179KA1JC4
NAV history: From 26-03-2014, 12.6 years

Exit load: NIL

Tax on HDFC Banking and PSU Debt Fund returns

HDFC Banking and PSU Debt Fund is taxed as a debt fund: 65% or more of it is in bonds and money market papers.
For units bought on or after 01-04-2023, the gain is added to your income and taxed at your slab rate, however long you hold the units.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹25.3486	30-10-2026
direct	IDCW	₹9.9468	30-10-2026
regular	Growth	₹24.2253	30-10-2026
regular	IDCW	₹10.0479	30-10-2026

About HDFC Banking and PSU Debt Fund

HDFC Banking and PSU Debt Fund is a mutual fund from HDFC Mutual Fund. Its category is Banking & PSU. It was launched on 26-03-2014. Its benchmark is NIFTY Banking & PSU Debt Index A-II. At the end of September 2026 it held 102 securities.

Fund Manager

Anil Bamboli
Fund manager of HDFC Banking and PSU Debt Fund, since 26-03-2014
Gopal Agrawal
Fund manager of HDFC Banking and PSU Debt Fund, since 01-09-2026

See all funds of HDFC Mutual Fund

AUM change

September 2026: ₹5,055.46 Cr; −2.52% from August 2026
August 2026: ₹5,186.08 Cr; −0.44% from July 2026
July 2026: ₹5,209.06 Cr; −0.87% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare HDFC Banking and PSU Debt Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

HDFC Banking and PSU Debt vs UTI Banking & PSU DebtBanking & PSU
HDFC Banking and PSU Debt vs Franklin India Banking & PSU DebtBanking & PSU
HDFC Banking and PSU Debt vs LIC MF Banking & PSU DebtBanking & PSU
HDFC Banking and PSU Debt vs SBI Banking & PSU DebtBanking & PSU
HDFC Banking and PSU Debt vs Kotak Banking and PSU Debt16.6% overlap
HDFC Banking and PSU Debt vs HDFC Short Term28.8% overlap
HDFC Banking and PSU Debt vs HDFC Corporate Bond24.8% overlap
HDFC Banking and PSU Debt vs HDFC Floating Interest Rates18.4% overlap

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Frequently Asked Questions for HDFC Banking and PSU Debt Fund

What is the current NAV of HDFC Banking and PSU Debt Fund?

The Direct plan NAV is ₹25.3486. The Regular plan NAV is ₹24.2253, as on 30-10-2026.

What are the returns of HDFC Banking and PSU Debt Fund?

The Direct plan returned +3.44% in 1 year, +6.75% a year over 3 years, +6.09% a year over 5 years. The Regular plan returned +3.06% in 1 year, +6.35% a year over 3 years, +5.67% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of HDFC Banking and PSU Debt Fund?

The Direct plan charges 0.35% a year. The Regular plan charges 0.68% a year. This is the figure the fund house reported to AMFI, in force from 16-10-2026.

What is the AUM of HDFC Banking and PSU Debt Fund?

HDFC Banking and PSU Debt Fund managed ₹5,055.46 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of HDFC Banking and PSU Debt Fund?

At the end of September 2026 the largest holdings were Indian Railways Finance Corp. Ltd. (5.41%), Bajaj Housing Finance Ltd. (2.97%), REC Limited. (2.96%), Indian Railways Finance Corp. Ltd. (2.96%), Housing and Urban Development Corporation Ltd. (2.52%). The fund held 102 securities in all.

How do I invest in HDFC Banking and PSU Debt Fund?

Through HDFC Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.

Who is the fund manager of HDFC Banking and PSU Debt Fund?

Anil Bamboli (since 26-03-2014), Gopal Agrawal (since 01-09-2026).

What is the exit load of HDFC Banking and PSU Debt Fund?

NIL

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.