Sundaram Banking and PSU Debt Fund
- NAV as on 9 Nov 2026
- ₹46.00+0.10%1 day
- Return since launch
- 7.2%
- 52-week range
- ₹44.09 — ₹45.95
- AUM
- ₹256 Cr
Sundaram Banking and PSU Debt Fund is a Banking and PSU debt fund from Sundaram Mutual Fund with ₹256 Cr under management, launched in 2004. Over three years it has returned 6.0% a year, against 6.6% for its category. The expense ratio is 0.42% and the SEBI riskometer reading is Moderate.
Performance
Sundaram Banking and PSU Debt Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.2% against +4.1% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.5% | +0.4 pts | 4.1% | 4.3% |
| 2Y | 5.2% | +0.2 pts | 5.0% | 5.0% |
| 3Y | 6.0% | −0.6 pts | 6.6% | 5.8% |
| 5Y | 6.3% | +0.5 pts | 5.9% | 6.2% |
| 7Y | 6.0% | −0.1 pts | 6.0% | 6.0% |
| 10Y | 6.1% | −0.5 pts | 6.6% | 6.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.6% | +0.1 pts | 0.5% | 0.5% |
| 3M | 0.5% | +0.2 pts | 0.4% | 0.4% |
| 6M | 2.7% | +0.1 pts | 2.6% | 2.6% |
| 1Y | 4.3% | +0.1 pts | 4.1% | 4.2% |
| 2Y | 6.1% | +0.2 pts | 5.9% | 5.9% |
| 3Y | 6.8% | +0.2 pts | 6.6% | 6.7% |
| 5Y | 5.9% | 0.0 pts | 5.9% | 5.9% |
| 7Y | 5.8% | −0.4 pts | 6.2% | 6.1% |
| 10Y | 6.3% | −0.3 pts | 6.6% | 6.6% |
Since launch (20 Dec 2004): 7.2%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.6% | −0.2 pts | 7.7% |
| 2024 | 7.9% | −0.2 pts | 8.2% |
| 2023 | 6.8% | −0.2 pts | 7.0% |
| 2022 | 3.0% | −0.9 pts | 3.9% |
| 2021 | 2.9% | −0.9 pts | 3.8% |
| 2020 | 7.6% | −2.8 pts | 10.5% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.42%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.36%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.06%
- Exit load
- Exit load of 1% if redeemed within 90 days
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- Nifty Banking & PSU Debt Index A-II
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at moderate risk — typically medium duration debt and conservative hybrid schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.63 | 0.83 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.08 | 1.41 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 1.47 | 1.35 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Sundaram Banking and PSU Debt Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Debt87.7%
- Other12.3%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 10.67% | ₹27.51 Cr | +1.48% | +1.50% | +1.00% |
| HDFC Bank Ltd. | Financial | 9.67% | ₹24.94 Cr | +8.97% | +9.19% | +6.36% |
| National Housing Bank | Financial | 7.76% | ₹20.02 Cr | +7.18% | +7.36% | +5.07% |
| Export-Import Bank Of India | Financial | 7.73% | ₹19.93 Cr | +7.18% | +7.33% | +1.22% |
| Power Finance Corporation Ltd. | Financial | 7.69% | ₹19.82 Cr | +7.09% | +7.25% | +5.00% |
| National Bank For Agriculture & Rural Development | Financial | 7.66% | ₹19.75 Cr | +7.05% | +3.68% | +2.53% |
| Small Industries Devp. Bank of India Ltd. | Financial | 7.66% | ₹19.74 Cr | +21.39% | +8.74% | — |
| Indian Oil Corporation Ltd. | Energy | 5.82% | ₹15.00 Cr | +5.38% | +11.03% | +7.62% |
| REC Ltd. | Financial | 5.16% | ₹13.31 Cr | +3.59% | +3.64% | +2.53% |
| National Bank For Financing Infrastructure And Development | Financial | 3.83% | ₹9.88 Cr | +3.58% | — | — |
| Bajaj Finance Ltd. | Financial | 3.81% | ₹9.82 Cr | +1.78% | +1.82% | +1.25% |
| State Bank of India | Financial | 3.76% | ₹9.70 Cr | +3.57% | +3.61% | — |
| HDB Financial Services Ltd. | Financial | 1.93% | ₹4.98 Cr | +1.79% | +1.84% | +1.27% |
| Indian Railway Finance Corporation Ltd. | Financial | 1.93% | ₹4.97 Cr | +1.81% | +3.66% | +2.54% |
| Bharti Telecom Ltd. | Communication | 1.92% | ₹4.96 Cr | +1.77% | +1.82% | — |
| Housing & Urban Development Corporation Ltd. | Financial | 1.91% | ₹4.94 Cr | +1.78% | — | +6.20% |
| Gujarat State | Construction | 1.89% | ₹4.87 Cr | — | — | — |
| Tamilnadu State | Others | 1.88% | ₹4.84 Cr | — | — | +2.53% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Tamilnadu State | 0.00% | 1.88% | +1.88% |
| company:2048 | 1.85% | 0.00% | -1.85% |
| company:4578 | 0.93% | 0.00% | -0.93% |
| National Housing Bank | 7.66% | 7.76% | +0.11% |
| HDFC Bank Ltd. | 9.57% | 9.67% | +0.10% |
| Export-Import Bank Of India | 7.64% | 7.73% | +0.09% |
| Indian Oil Corporation Ltd. | 5.75% | 5.82% | +0.07% |
| Power Finance Corporation Ltd. | 3.79% | 3.85% | +0.05% |
| National Bank For Agriculture & Rural Development | 3.75% | 3.80% | +0.05% |
| Bajaj Finance Ltd. | 3.77% | 3.81% | +0.04% |
| Small Industries Devp. Bank of India Ltd. | 3.80% | 3.84% | +0.04% |
| REC Ltd. | 3.22% | 3.25% | +0.04% |
| National Bank For Financing Infrastructure And Development | 3.80% | 3.83% | +0.04% |
| Bharti Telecom Ltd. | 1.90% | 1.92% | +0.03% |
| HDB Financial Services Ltd. | 1.91% | 1.93% | +0.02% |
| Indian Railway Finance Corporation Ltd. | 1.91% | 1.93% | +0.02% |
| Gujarat State | 1.88% | 1.89% | +0.01% |
| Housing & Urban Development Corporation Ltd. | 1.90% | 1.91% | +0.01% |
| Others | 0.53% | 0.54% | +0.01% |
| State Bank of India | 3.76% | 3.76% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹5,324 Cr | 0.62% | 5.0% | 6.3% | 6.6% |
 Bandhan Banking and PSU Debt Fund | ₹11,848 Cr | 0.68% | 5.1% | 6.2% | 6.4% |
 ICICI Prudential Banking and PSU Debt Fund | ₹8,082 Cr | 0.72% | 4.4% | 6.0% | 6.5% |
 Kotak Banking and PSU Debt Fund | ₹4,675 Cr | 0.75% | 4.4% | 6.0% | 6.4% |
 UTI Banking & PSU Debt Fund | ₹1,448 Cr | 0.46% | 5.9% | 6.7% | 7.0% |
 Franklin India Banking & PSU Debt Fund | ₹565 Cr | 0.49% | 5.0% | 6.4% | 6.6% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
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 managers
- Kumaresh RamakrishnanMr. Ramakrishnan is a B.E from Mumbai University and MBA from NMIMS (Mumbai).Prior to joining Sundaram Mutual Fund he has worked with PGIM India Mutual Fund, DWS AMC, Societe Generale and CARE.
- Ronak ShahMBA, B. ComPrior to joining the Sundaram AMC, he was associated with Tata AIA Life Insurance Co. Ltd and Derivium Tradition and Securities (P) Ltd.
- Sandeep AgarwalMr. Agarwal is a B.Com (H) from University of Kota, Chartered Accountant and CS.Prior to joining Sundaram Mutual Fund he has worked with Deutsche AMC.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months2.67% absolute | ₹60,000 | ₹61,602 | 2.67% | |
| 1 year4.25% annualised | ₹1,20,000 | ₹1,22,799 | 2.33% | |
| 3 years6.82% annualised | ₹3,60,000 | ₹4,00,487 | 11.25% | |
| 5 years5.90% annualised | ₹6,00,000 | ₹6,99,332 | 16.56% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.