UTI Banking & PSU Debt Fund
- NAV as on 24 Sep 2026
- ₹23.58-0.01%1 day
- Return since launch
- 7.0%
- 52-week range
- ₹22.27 — ₹23.58
- AUM
- ₹1,508 Cr
UTI Banking & PSU Debt Fund is a Banking and PSU debt fund from UTI Mutual Fund with ₹1,508 Cr under management, launched in 2014. Over three years it has returned 6.9% a year, against 6.7% for its category. The expense ratio is 0.47% and the SEBI riskometer reading is Low to Moderate.
Performance
UTI Banking & PSU Debt Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +5.8% against +4.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 6.2% | +1.5 pts | 4.7% | 4.7% |
| 2Y | 6.5% | +1.1 pts | 5.4% | 5.4% |
| 3Y | 6.9% | +0.2 pts | 6.7% | 6.1% |
| 5Y | 7.2% | +1.3 pts | 5.8% | 6.3% |
| 7Y | 7.1% | +1.0 pts | 6.2% | 6.1% |
| 10Y | 6.6% | 0.0 pts | 6.7% | 6.4% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.5% | +0.4 pts | 0.1% | 0.1% |
| 3M | 1.6% | +0.8 pts | 0.8% | 0.7% |
| 6M | 3.5% | +0.6 pts | 2.9% | 3.0% |
| 1Y | 5.8% | +1.1 pts | 4.7% | 4.7% |
| 2Y | 6.9% | +0.8 pts | 6.1% | 6.1% |
| 3Y | 7.2% | +0.5 pts | 6.7% | 6.7% |
| 5Y | 7.5% | +1.6 pts | 5.8% | 5.8% |
| 7Y | 7.2% | +0.8 pts | 6.4% | 6.3% |
| 10Y | 6.3% | −0.3 pts | 6.7% | 6.7% |
Since launch (27 Jan 2014): 7.0%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.8% | +0.1 pts | 7.7% |
| 2024 | 7.6% | −0.6 pts | 8.2% |
| 2023 | 6.7% | −0.4 pts | 7.0% |
| 2022 | 10.3% | +6.4 pts | 3.9% |
| 2021 | 2.8% | −1.0 pts | 3.8% |
| 2020 | 8.9% | −1.6 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
0.47%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.40%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.06%
- Exit load
- Exit load of 0.25% if redeemed within 30 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 low to moderate risk — typically short duration debt 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 | 1.26 | 0.84 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 2.26 | 1.37 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.98 | 1.36 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
UTI Banking & PSU Debt Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt96.1%
- Other3.9%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Canara Bank | Financial | 7.42% | ₹112 Cr | +6.98% | — | — |
| Axis Bank Ltd. | Financial | 6.88% | ₹104 Cr | +8.94% | +10.06% | +13.66% |
| National Bank For Agriculture & Rural Development | Financial | 6.88% | ₹104 Cr | +6.51% | +7.33% | +6.36% |
| Union Bank of India | Financial | 6.46% | ₹97.47 Cr | +5.82% | +6.43% | — |
| Small Industries Devp. Bank of India Ltd. | Financial | 6.43% | ₹96.99 Cr | +8.14% | +9.18% | +12.51% |
| ICICI Bank Ltd. | Financial | 5.78% | ₹87.26 Cr | +2.43% | +2.74% | +6.07% |
| Export-Import Bank Of India | Financial | 4.91% | ₹74.07 Cr | +8.12% | +9.20% | +12.52% |
| Power Finance Corporation Ltd. | Financial | 4.32% | ₹65.09 Cr | +6.11% | +6.87% | +15.05% |
| Aditya Birla Housing Finance Ltd. | Financial | 4.31% | ₹65.08 Cr | +4.07% | +4.59% | +6.24% |
| Others | Others | 4.15% | ₹62.52 Cr | +0.72% | +0.80% | +0.98% |
| HDFC Bank Ltd. | Financial | 3.93% | ₹59.22 Cr | +5.70% | +6.38% | +8.71% |
| GOI | Sovereign | 3.36% | ₹50.61 Cr | +4.13% | +4.65% | +11.36% |
| Tamilnadu State | Others | 3.34% | ₹50.38 Cr | +1.65% | +1.85% | +0.63% |
| Poonawalla Fincorp Ltd. | Financial | 3.22% | ₹48.54 Cr | +3.86% | +4.26% | — |
| National Housing Bank | Financial | 2.32% | ₹35.06 Cr | +4.88% | +5.51% | +4.38% |
| Indian Railway Finance Corporation Ltd. | Financial | 2.00% | ₹30.13 Cr | +2.45% | +2.75% | +3.13% |
| Karnataka State | Others | 1.67% | ₹25.26 Cr | +2.06% | +2.32% | — |
| Bharti Telecom Ltd. | Communication | 1.67% | ₹25.12 Cr | — | — | — |
| Kotak Mahindra Prime Ltd. | Financial | 1.66% | ₹25.04 Cr | +2.03% | +2.29% | — |
| REC Ltd. | Financial | 1.66% | ₹25.01 Cr | +2.03% | +2.29% | +4.41% |
| Indian Bank | Financial | 1.61% | ₹24.36 Cr | +1.94% | +2.14% | — |
| Tata Capital Housing Finance Ltd. | Financial | 1.33% | ₹20.05 Cr | — | — | — |
| Toyota Financial Services Ltd. | Financial | 1.33% | ₹20.05 Cr | +1.63% | — | — |
| Bajaj Housing Finance Ltd. | Financial | 1.32% | ₹19.97 Cr | +1.62% | +1.82% | — |
| Kotak Mahindra Bank Ltd. | Financial | 1.29% | ₹19.46 Cr | +1.55% | +6.47% | — |
| NHPC Ltd. | Energy | 0.99% | ₹14.94 Cr | +1.21% | +0.92% | +1.25% |
| ICICI Securities Ltd. | Financial | 0.96% | ₹14.52 Cr | +1.16% | +1.28% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Canara Bank | 7.50% | 7.42% | -0.08% |
| Union Bank of India | 6.53% | 6.46% | -0.07% |
| Tamilnadu State | 3.40% | 3.34% | -0.07% |
| Axis Bank Ltd. | 3.71% | 3.65% | -0.06% |
| National Bank For Agriculture & Rural Development | 3.72% | 3.65% | -0.06% |
| GOI | 3.42% | 3.36% | -0.06% |
| ICICI Bank Ltd. | 4.84% | 4.79% | -0.05% |
| Aditya Birla Housing Finance Ltd. | 2.70% | 2.65% | -0.05% |
| National Housing Bank | 2.37% | 2.32% | -0.04% |
| HDFC Bank Ltd. | 2.36% | 2.32% | -0.04% |
| Poonawalla Fincorp Ltd. | 3.25% | 3.22% | -0.04% |
| Export-Import Bank Of India | 3.29% | 3.25% | -0.03% |
| Small Industries Devp. Bank of India Ltd. | 3.24% | 3.21% | -0.03% |
| Indian Railway Finance Corporation Ltd. | 2.03% | 2.00% | -0.03% |
| Karnataka State | 1.71% | 1.67% | -0.03% |
| Bharti Telecom Ltd. | 1.70% | 1.67% | -0.03% |
| REC Ltd. | 1.69% | 1.66% | -0.03% |
| Power Finance Corporation Ltd. | 1.69% | 1.66% | -0.03% |
| Kotak Mahindra Prime Ltd. | 1.69% | 1.66% | -0.03% |
| Toyota Financial Services Ltd. | 1.35% | 1.33% | -0.02% |
| Tata Capital Housing Finance Ltd. | 1.35% | 1.33% | -0.02% |
| Bajaj Housing Finance Ltd. | 1.35% | 1.32% | -0.02% |
| NHPC Ltd. | 1.01% | 0.99% | -0.02% |
| Indian Bank | 1.63% | 1.61% | -0.02% |
| Kotak Mahindra Bank Ltd. | 1.30% | 1.29% | -0.01% |
| ICICI Securities Ltd. | 0.97% | 0.96% | -0.01% |
| Others | 0.26% | 0.25% | 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 | ₹6,546 Cr | 0.67% | 5.3% | 6.5% | 6.6% |
 Bandhan Banking and PSU Debt Fund | ₹12,014 Cr | 0.68% | 5.7% | 6.4% | 6.5% |
 ICICI Prudential Banking and PSU Debt Fund | ₹8,667 Cr | 0.74% | 4.9% | 6.3% | 6.6% |
 Kotak Banking and PSU Debt Fund | ₹4,937 Cr | 0.75% | 4.6% | 6.2% | 6.5% |
 Franklin India Banking & PSU Debt Fund | ₹567 Cr | 0.49% | 5.9% | 6.8% | 6.8% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate steady and reasonable income, with low risk and high level of liquidity from a portfolio of predominantly debt & money market securities by Banks and Public Sector Undertakings (PSUs).
Fund managers
- Anurag MittalMr. Mittal is B.Com. (Hons), CA and M.Sc. in Accounting and Finance (specialization in Finance) from London School of Economics & Political Science.Prior to joining UTI Mutual Fund, he worked with IDFC AMC, HDFC AMC ( Sept. 2012 - Oct. 2015), Axis AMC (July 2009 - Sept. 2012), ICICI Prudential Life Insurance Company Ltd. as Credit Research Analyst (2008-2009) and with Bank of America in Corporate Banking (2006-2008).
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 months3.50% absolute | ₹60,000 | ₹62,100 | 3.50% | |
| 1 year5.84% annualised | ₹1,20,000 | ₹1,23,865 | 3.22% | |
| 3 years7.15% annualised | ₹3,60,000 | ₹4,02,586 | 11.83% | |
| 5 years7.47% annualised | ₹6,00,000 | ₹7,29,217 | 21.54% |
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.