HDFC Banking and PSU Debt Fund
Banking and PSU fund from HDFC Mutual Fund. Direct and regular Growth plans: returns over 1, 3 and 5 years, against the Nifty 50, its rank among banking and psu funds and what a ₹10,000 SIP became.
As of 30 Sep 2026, HDFC Banking and PSU Debt Fund (direct plan, Growth) has returned 6.2% a year over 5 years, 7.0% over 3 years and 7.1% over 10 years. That ranks 9 of 17 banking and psu funds over 5 years. A ₹10,000 monthly SIP for 5 years (₹6,00,000) was worth ₹7,08,880, an XIRR of 6.6%. Expense ratio: 0.35% a year for the direct plan and 0.72% for the regular plan. Latest NAV ₹25.34 (29 Oct 2026).
HDFC Banking and PSU Debt Fund returns
| Plan | 1 year | 3 years | 5 years | 10 years |
|---|---|---|---|---|
| Direct | 4.8% | 7.0% | 6.2% | 7.1% |
| Regular | 4.4% | 6.6% | 5.8% | 6.7% |
To 30 Sep 2026. Returns are yearly (CAGR) from AMFI month-end NAVs of the Growth option. An index's return is measured through a low-cost index fund's direct plan, so it is a little below the index itself. Past returns do not tell you what a fund will do next, and this is not a recommendation to buy or sell any fund.
Calendar-year returns
| Year | Direct | Regular |
|---|---|---|
| 2025 | 7.9% | 7.5% |
| 2024 | 8.3% | 7.9% |
| 2023 | 7.3% | 6.8% |
| 2022 | 3.7% | 3.3% |
| 2021 | 4.1% | 3.7% |
| 2020 | 11.1% | 10.6% |
| 2019 | 10.7% | 10.2% |
| 2018 | 6.3% | 5.9% |
| 2017 | 6.8% | 6.3% |
| 2016 | 11.1% | 10.8% |
What a ₹10,000 SIP in HDFC Banking and PSU Debt Fund became
| Plan | SIP for | Invested | Value at 30 Sep 2026 | XIRR |
|---|---|---|---|---|
| Direct | 3 years | ₹3,60,000 | ₹3,95,865 | 6.3% |
| Direct | 5 years | ₹6,00,000 | ₹7,08,880 | 6.6% |
| Regular | 3 years | ₹3,60,000 | ₹3,93,501 | 5.9% |
| Regular | 5 years | ₹6,00,000 | ₹7,01,585 | 6.2% |
A ₹10,000 SIP at each month-end NAV, valued at the latest month-end. Try your own amount and dates with the SIP calculator.
Expense ratio
0.35% a year for the direct plan and 0.72% for the regular plan, as disclosed for 30 Sep 2026 (AMFI's TER disclosure). It is taken out of the fund every day, so the returns above are already after it. On ₹10 lakh growing at 12% a year for 10 years, a 0.72% expense ratio instead of 0.35% costs ₹98,279. Try your own numbers with the expense ratio calculator.
Direct vs regular plan
The regular plan returned 0.42 points a year less than the direct plan over 5 years: on ₹10 lakh invested 5 years ago, that is ₹26,680 less today. The difference is the distributor's commission and the higher expense ratio. See it for your amount with the direct vs regular calculator.
Where it ranks among banking and psu funds
| Rank | Fund | 5-year return (direct) |
|---|---|---|
| 1 | UTI Banking & PSU Debt Fund | 7.8% |
| 2 | ICICI Prudential Banking and PSU Debt Fund | 6.6% |
| 3 | Franklin India Banking & PSU Debt Fund | 6.4% |
| 4 | Kotak Banking and PSU Debt Fund | 6.4% |
| 5 | ITI Banking & PSU Debt Fund | 6.3% |
| 9 | HDFC Banking and PSU Debt Fund | 6.2% |
Ranked by 5-year return among the 17 banking and psu funds with that much history. All banking and psu funds.
Key takeaways
Frequently asked questions
What is the NAV of HDFC Banking and PSU Debt Fund?
₹25.34 for the direct plan (Growth) on 29 Oct 2026, from AMFI.
What are HDFC Banking and PSU Debt Fund's 5-year returns?
6.2% a year (direct plan, to 30 Sep 2026).
What is the expense ratio of HDFC Banking and PSU Debt Fund?
0.35% a year for the direct plan and 0.72% for the regular plan (AMFI disclosure for 30 Sep 2026).
What did a SIP in HDFC Banking and PSU Debt Fund return?
₹10,000 a month for 5 years became ₹7,08,880, an XIRR of 6.6%.