GMP IPO Watch
Debt Scheme - Banking and PSU Fund
Bandhan Banking and PSU Debt Fund
Regular Plan · IDCW · Bandhan Mutual Fund
Risk: Low to Moderate Risk
★★★★★
Morningstar
52W Low ₹13.57 4 Nov 2025
52W High ₹14.22 4 Nov 2026
₹14.2217
NAV as of 4 Nov 2026
+0.08% day change
Other Plans of This Fund
Direct Plan · Annual IDCW
Direct Plan · Daily IDCW
Direct Plan · Fortnightly IDCW
Direct Plan · Growth
Direct Plan · IDCW
Direct Plan · Monthly IDCW
Direct Plan · Quarterly IDCW
Regular Plan · Annual IDCW
Regular Plan · Daily IDCW
Regular Plan · Fortnightly IDCW
Regular Plan · Growth
Regular Plan · Monthly IDCW
Regular Plan · Quarterly IDCW
ISININF194K01SO4
Scheme Code121282
StructureOpen Ended Schemes
Fund HouseBandhan AMC Limited
AUM (avg. July - September 2026)₹2.56 Cr
Expense Ratio (as of 3 Nov 2026)0.68%
Min. Investment₹5,000
Inception Date26 Feb 2013
BenchmarkNifty Banking & PSU Debt Index A-II
Portfolio Turnover179.96%
NFO Period26-Feb-2013 – 06-Mar-2013
Returns
1Y
+4.82%
3Y
+6.70%
5Y
+5.95%
7Y
+1.87%
10Y
+2.98%
Since Inception
+2.61%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.27% | +0.43% | 17 of 20 |
| 1M | +0.16% | +0.12% | 3 of 20 |
| 3M | +0.54% | +0.24% | 4 of 20 |
| 6M | +2.97% | +2.22% | 1 of 20 |
| YTD | +4.20% | +3.02% | 2 of 20 |
| 1Y | +4.82% | +3.54% | 2 of 20 |
| 2Y | +6.20% | +5.15% | 3 of 20 |
| 3Y | +6.70% | +5.71% | 3 of 19 |
| 5Y | +5.95% | +5.34% | 2 of 17 |
| 7Y | +1.87% | +5.51% | 2 of 15 |
| 10Y | +2.98% | +5.78% | 1 of 14 |
| INCEPTION | +2.61% | — | — |
Ranked among: Debt Scheme - Banking and PSU Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +0.73% | +7.78% | -19.17% | 85% | 34% |
| 6M | +1.37% | +7.89% | -17.27% | 77% | 31% |
| 1Y | +2.59% | +13.59% | -12.88% | 68% | 27% |
| 2Y | +2.48% | +10.24% | -8.54% | 70% | 28% |
| 3Y | +2.26% | +7.39% | -4.61% | 77% | 31% |
| 5Y | +1.91% | +6.11% | -0.13% | 97% | 39% |
| 7Y | +1.61% | +3.66% | +0.10% | 100% | 40% |
| 10Y | +2.11% | +3.16% | +1.11% | 100% | 41% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity0.00%
- Debt86.12%
- Cash13.88%
- Other0.00%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings92
Top 5 Stocks0.00%
Top 10 Stocks0.00%
Top 3 Sectors0.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Triparty Repo TRP_011026 | Reverse Repo / TREPS | 13.56% | — |
| Canara Bank ** | Money Market | 4.11% | +1.68% |
| 6.45% ICICI Bank Limited ** | Debt | 3.34% | +1.99% |
| 7.7% HDFC Bank Limited ** | Debt | 3.31% | +0.02% |
| 8.24% Power Grid Corporation of India Limited ** | Debt | 3.17% | +0.02% |
| 7.37% Indian Railway Finance Corporation Limited ** | Debt | 2.96% | +0.01% |
| Punjab National Bank ** | Money Market | 2.46% | — |
| Axis Bank Limited ** | Money Market | 2.46% | +0.04% |
| Small Industries Dev Bank of India | Money Market | 2.40% | -1.54% |
| 7.48% National Bank For Agriculture and Rural Development | Debt | 2.30% | +0.02% |
| Indian Bank ** | Money Market | 2.26% | — |
| Canara Bank | Money Market | 2.25% | +0.04% |
| Union Bank of India | Money Market | 2.06% | — |
| Export Import Bank of India ** | Money Market | 2.06% | +0.03% |
| 8.55% HDFC Bank Limited ** | Debt | 1.96% | -0.41% |
View all 95 holdings
| Punjab National Bank ** | Money Market | 1.81% | — |
| 9% HDFC Bank Limited ** | Debt | 1.80% | -0.42% |
| 7.34% Small Industries Dev Bank of India ** | Debt | 1.66% | +0.01% |
| Axis Bank Limited ** | Money Market | 1.65% | +0.03% |
| 7.53% National Bank For Agriculture and Rural Development | Debt | 1.63% | -0.65% |
| Bank of Baroda ** | Money Market | 1.47% | +0.02% |
| 7.39% Bank of Baroda ** | Debt | 1.46% | +0.01% |
| 6.85% National Bank For Agriculture and Rural Development | Debt | 1.44% | +0.01% |
| 6.66% National Bank For Agriculture and Rural Development ** | Debt | 1.44% | +0.01% |
| Bank of Baroda | Money Market | 1.44% | +0.02% |
| Canara Bank ** | Money Market | 1.44% | +0.02% |
| 6.87% REC Limited ** | Debt | 1.43% | +0.82% |
| 6.67% ICICI Bank Limited ** | Debt | 1.40% | -0.40% |
| Bank of Baroda | Money Market | 1.24% | — |
| Axis Bank Limited ** | Money Market | 1.23% | +0.02% |
| Indian Bank ** | Money Market | 1.19% | +0.02% |
| 7.32% NTPC Limited ** | Debt | 1.17% | +0.00% |
| 8.05% HDFC Bank Limited ** | Debt | 1.05% | +0.00% |
| 7.42% Small Industries Dev Bank of India ** | Debt | 1.04% | +0.01% |
| 7.01% National Bank For Agriculture and Rural Development ** | Debt | 1.03% | +0.01% |
| 6.74% Small Industries Dev Bank of India ** | Debt | 1.03% | +0.01% |
| ICICI Bank Limited ** | Money Market | 1.02% | +0.01% |
| 6.65% Indian Railway Finance Corporation Limited ** | Debt | 1.01% | — |
| 825GJSDL29 | Debt | 0.86% | +0.01% |
| 7.58% REC Limited ** | Debt | 0.84% | +0.01% |
| 7.34% REC Limited ** | Debt | 0.83% | +0.21% |
| Bank of Baroda ** | Money Market | 0.82% | +0.42% |
| 6.58% Indian Railway Finance Corporation Limited ** | Debt | 0.81% | +0.00% |
| ICICI Bank Limited ** | Money Market | 0.81% | +0.01% |
| PFC-B-7.75%-11-6-30-PVT | Debt | 0.80% | -0.41% |
| IRFC-7.50%-9-9-29-PVT | Debt | 0.63% | +0.01% |
| GOI LOAN 6.94% 2036 | Debt | 0.58% | -1.08% |
| GOI LOAN 7.06% 2041 | Debt | 0.51% | -0.01% |
| 9% HDFC Bank Limited ** | Debt | 0.43% | +0.00% |
| 8.3% NTPC Limited ** | Debt | 0.43% | +0.00% |
| 8.12% NHPC Limited ** | Debt | 0.43% | +0.01% |
| 7.8% National Highways Authority Of India ** | Debt | 0.42% | +0.00% |
| 7.46% Indian Railway Finance Corporation Limited ** | Debt | 0.42% | — |
| 7.44% Small Industries Dev Bank of India | Debt | 0.42% | +0.01% |
| Kotak Mahindra Bank Limited ** | Money Market | 0.41% | — |
| Canara Bank | Money Market | 0.41% | — |
| Indian Bank | Money Market | 0.41% | — |
| Bank of Baroda ** | Money Market | 0.41% | — |
| Punjab National Bank | Money Market | 0.41% | — |
| Canara Bank | Money Market | 0.41% | +0.01% |
| Punjab National Bank ** | Money Market | 0.41% | +0.01% |
| 6.64% Power Finance Corporation Limited ** | Debt | 0.40% | +0.00% |
| Corporate Debt Market Development Fund Class A2 | Debt | 0.37% | +0.01% |
| 7.21% Gujarat SDL (MD 09/08/2027) | Debt | 0.34% | +0.00% |
| Net Current Assets | Net Current Assets | 0.30% | — |
| 8.49% National Highways Authority Of India ** | Debt | 0.26% | +0.00% |
| 8.06% REC Limited ** | Debt | 0.21% | +0.00% |
| 8.14% Nuclear Power Corporation Of India Limited ** | Debt | 0.21% | +0.00% |
| RECL-7.89%-31-3-30-PVT | Debt | 0.21% | +0.00% |
| 7.77% Power Finance Corporation Limited ** | Debt | 0.21% | +0.00% |
| REC-6.23%-31-10-31-PVT | Debt | 0.21% | +0.00% |
| IRFC-7.57%-18-4-29-PVT | Debt | 0.21% | — |
| 7.6% Power Finance Corporation Limited ** | Debt | 0.21% | +0.00% |
| 7.68% National Bank For Agriculture and Rural Development ** | Debt | 0.21% | +0.00% |
| 7.03% Hindustan Petroleum Corporation Limited ** | Debt | 0.21% | +0.00% |
| 7.04% Small Industries Dev Bank of India ** | Debt | 0.21% | +0.00% |
| Punjab National Bank ** | Money Market | 0.21% | +0.01% |
| Punjab National Bank | Money Market | 0.20% | +0.00% |
| 7.75% Small Industries Dev Bank of India ** | Debt | 0.17% | +0.00% |
| 6.7% REC Limited ** | Debt | 0.16% | -0.61% |
| 7.48% Indian Railway Finance Corporation Limited ** | Debt | 0.13% | +0.01% |
| Canara Bank ** | Money Market | 0.12% | — |
| SDL OR 7.17% 2030 | Debt | 0.08% | +0.00% |
| 8.13% Nuclear Power Corporation Of India Limited ** | Debt | 0.08% | +0.00% |
| 7.59% National Housing Bank ** | Debt | 0.08% | +0.00% |
| GOI LOAN 6.68% 2040 | Debt | 0.06% | +0.00% |
| PGC-8.70%-15-07-2028-PVT | Debt | 0.06% | -0.42% |
| 679GOI2029 | Debt | 0.04% | +0.00% |
| 8.95% Power Finance Corporation Limited ** | Debt | 0.04% | +0.00% |
| 8.65% National Bank For Agriculture and Rural Development ** | Debt | 0.04% | +0.00% |
| 7.77% REC Limited ** | Debt | 0.04% | +0.00% |
| 654GOI2032 | Debt | 0.02% | +0.00% |
| GOI LOAN 6.01% 2030 | Debt | 0.02% | +0.00% |
| Cash Margin - CCIL | Net Current Assets | 0.02% | — |
| 7.18% Tamilnadu SDL (MD 26/07/2027) | Debt | 0.01% | +0.00% |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.20 | 1.27 | Low Volatility |
| 3Y | 0.93 | 1.09 | Low Volatility |
| 5Y | 0.85 | 1.23 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.52 | -1.67 | Above Average |
| 3Y | 0.67 | -0.48 | Above Average |
| 5Y | 0.16 | -0.55 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 7.62 | 5.46 | Above Average |
| 3Y | 14.89 | 10.70 | Above Average |
| 5Y | 13.58 | 8.99 | Above Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.80 | 0.83 | Good Risk Adjusted Returns |
| 3Y | 0.78 | 0.91 | Good Risk Adjusted Returns |
| 5Y | 0.66 | 0.79 | Good Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
UTI Banking & PSU Debt Fund
Regular Plan · Growth
|
+5.52% | +7.16% | +7.52% | +6.99% |
|
Franklin India Banking & PSU Debt Fund
Regular Plan · Growth
|
+5.08% | +7.02% | +6.12% | +7.31% |
|
ICICI Prudential Banking and PSU Debt Fund
Regular Plan · Growth
|
+4.28% | +6.66% | +6.18% | +7.71% |
|
SBI BANKING & PSU DEBT FUND
Regular Plan · Growth
|
+4.00% | +6.61% | +5.70% | +7.15% |
|
Kotak Banking and PSU Debt Fund
Regular Plan · Growth
|
+4.00% | +6.70% | +5.94% | +7.61% |
|
LIC MF Banking & PSU Debt Fund
Regular Plan · Daily IDCW
|
+3.97% | +2.92% | +1.95% | +0.89% |
|
Sundaram Banking and PSU Debt Fund (Formerly Known as Sundaram Banking and PSU Fund)
Regular Plan · GROWTH
|
+3.95% | +6.72% | +5.85% | +7.31% |
|
Bajaj Finserv Banking and PSU Debt Fund
Direct Plan · Growth
|
+3.94% | — | — | +7.04% |
|
Axis Banking and PSU Debt Fund
Regular Plan · Growth option
|
+3.91% | +6.51% | +5.84% | +7.41% |
|
Edelweiss Banking and PSU Debt Fund
Regular Plan · Growth
|
+3.74% | +6.71% | +5.72% | +7.02% |
More From Bandhan AMC Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
BANDHAN INNOVATION FUND
Direct Plan · Growth
|
+14.35% | — | — | +20.03% |
|
Bandhan BSE Healthcare Index Fund
Direct Plan · Growth
|
+14.13% | — | — | +8.12% |
|
Bandhan US Treasury Bond 0-1 year specific Debt Passive FOF
Direct Plan · IDCW
|
+10.64% | +8.91% | — | +8.51% |
|
Bandhan Gilt Fund
Direct Plan · Growth
|
+7.31% | +8.25% | +6.45% | +8.58% |
|
Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
Direct Plan · Growth
|
+6.77% | — | — | +7.03% |
|
BANDHAN Dynamic Term Fund
Direct Plan · Growth
|
+6.71% | +7.89% | +6.20% | +8.15% |
|
Bandhan Money Market Fund
Direct Plan · Periodic IDCW
|
+6.56% | +7.39% | +6.77% | +4.70% |
|
BANDHAN LIQUID Fund
Direct Plan · Periodic IDCW
|
+6.46% | +6.88% | +6.41% | +1.51% |
|
BANDHAN Arbitrage Fund
Direct Plan · Growth
|
+6.43% | +7.26% | +6.79% | +6.91% |
|
BANDHAN ULTRA SHORT TERM FUND
Direct Plan · Periodic IDCW
|
+6.43% | +7.19% | +6.61% | +4.33% |
About This Scheme
Investment Objective
The Scheme seeks to generate returns through investments in debt and money market instruments predominantly issued by entities such as Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions(PFIs)
Stated Asset Allocation
Debt Securities (including securitised debt) & Money Market Instruments issued by Banks, Public Sector Undertakings (PSUs), Public Financial Institutions (PFIs) and Municipal Bonds - 80%-100%, Government Securities (including State Development Loans, Treasury Bills / Cash Management Bills), Debt Securities (including securitised debt) & Money Market Instruments issued by other entities and Units issued by InvITs, within which - 0%-20%, Units issued by InvITs - 0%-10%
Exit Load
Nil
Fund Managers
FM 1 - Mr. Gautam Kaul, FM 2 - Mr. Suyash Choudhary
FM 1 - Comanage, FM 2 - Comanage
Official Documents
Scheme Information Document (PDF)
Scheme Summary (PDF)
Scheme Summary (XLS)
Bandhan AMC Limited website
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.