UTI Banking & PSU Debt Fund
Direct–Growth is the plan and option we treat as this fund's main page, so search engines are pointed there. Everything below is this filing's own data.
Fund basics
Everything the NAV says
Computed from 2,208 published NAVs between 4 May 2017 and 28 Aug 2026 — 9.3 years of history. Nothing here is an estimate; it is arithmetic on what the fund actually printed.
How it has moved
Return over time (%)
| Fund name | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|
| UTI Banking & PSU Debt Fund Direct | 0.55 | 2.18 | 3.17 | 6.09 | 7.41 | 7.43 | 6.27 | — | 4.66 |
| Banking & PSU category median · 24 funds | — | — | — | 5.43 | 7.22 | 6.29 | — | 7.23 | — |
Anything over a year is annualised (CAGR); shorter windows are absolute. The benchmark row is the index fund named below, priced daily by AMFI like every other scheme here. The category row is the median Direct plan in Banking & PSU — the middle fund, not a ranking, and a median rather than an average so that one mis-stated scheme cannot move it. As on 27 Aug 2026.
Risk measures
| Fund name | Volatility | Sharpe | Sortino | Beta | Alpha | Max fall |
|---|---|---|---|---|---|---|
| UTI Banking & PSU Debt Fund Direct | 3.91 | 0.23 | 0.30 | — | — | -8.70 |
Risk-free rate 6.5%. Beta and alpha need an index, so the benchmark's own row leaves them blank.
Risk
| Volatility | Downside volatility | Sharpe | Sortino |
|---|---|---|---|
| 3.9% | 3.1% | 0.23 | 0.30 |
Risk-free rate 6.5%, roughly the 10-year government bond.
The worst it has been
| Deepest fall | Time to recover | Today, from its peak |
|---|---|---|
| -8.7% | 12 months | At a high |
A drawdown is the fall from a previous high to the low that followed it. It is the number that decides whether somebody stays invested — a fund can have an excellent ten-year return and still have been unbearable to hold in year four.
Every one-year period it has lived through
| Best year | Median year | Worst year | Losing years |
|---|---|---|---|
| 12.9% | 6.8% | -4.9% | 24% |
Rolling returns ask a fairer question than a single five-year figure: not "what did it do from this one start date", but "what happened across every start date". A fund whose worst year is −45% is a different proposition from one whose worst is −8%, even if the averages match.
Calendar years
If you had run a SIP
₹10,000 every month for five years — ₹600,000 invested in all — would be worth ₹724,649 today, an XIRR of 7.49% a year.
XIRR, not CAGR. A SIP's money arrives over sixty months, so most of it has been invested for far less than five years — which is why this figure normally sits below the five-year CAGR above in a rising market, and above it in a falling one. It is the return the investor got, not the return the fund got.
How it compares in its category
Against the Banking & PSU Direct schemes with the highest three-year return. Same category, same plan — the only comparison that means anything. The list re-sorts itself as returns move; it is an ordering by one number, not a view on which fund anyone should hold.
| Scheme | Return | Alpha | Beta | Volatility | Sharpe | Max fall |
|---|---|---|---|---|---|---|
| UTI Banking & PSU Debt Fund UTI Mutual Fund · this scheme | 7.4% | — | — | 3.9% | 0.23 | -8.7% |
| Franklin India Banking & PSU Debt Fund Franklin Templeton Mutual Fund | 7.5% | — | — | 1.7% | 0.61 | -3.6% |
| Kotak Banking and PSU Debt Fund Kotak Mahindra Mutual Fund | 7.4% | — | — | 1.7% | 0.50 | -2.8% |
| UTI Banking & PSU Debt Fund UTI Mutual Fund | 7.4% | — | — | 3.0% | 0.31 | -6.7% |
| ICICI Prudential Banking and PSU Debt Fund ICICI Prudential Mutual Fund | 7.3% | — | — | 1.7% | 0.51 | -2.9% |
| LIC MF Banking & PSU Debt Fund LIC Mutual Fund | 7.3% | — | — | 1.2% | 0.71 | -2.8% |
| Invesco India Banking and PSU Debt Fund Invesco Mutual Fund | 7.3% | — | — | 2.1% | 0.36 | -4.9% |
| SBI BANKING & PSU DEBT FUND SBI Mutual Fund | 7.2% | — | — | 1.3% | 0.54 | -3.2% |
| HDFC Banking and PSU Debt Fund HDFC Mutual Fund | 7.2% | — | — | 1.6% | 0.44 | -3.1% |
Alpha and beta are against the category index. Max fall is the deepest peak-to-trough drop in each fund's own history, so a longer-running fund has had more chances to record a bad one. Click a column to sort. This is a sort, not a ranking, and nothing here is a recommendation.
What a Banking & PSU scheme is
At least 80% in debt of banks, PSUs and public financial institutions.
Issuers with the strongest balance sheets in the country, many state-backed. One of the safest places in debt outside government securities.
Who it suits. Investors who want safety close to a gilt fund with a little more yield.
How long money should stay. 2 to 3 years.
Questions people ask
What is the NAV of UTI Banking & PSU Debt Fund — Direct Plan — Half yearly IDCW?
₹15.8860 as on 27 Aug 2026, from AMFI's daily NAV file. NAV is declared once each business day after markets close, so the figure here is the most recent one published.
What is the difference between the Direct and Regular plan of UTI Banking & PSU Debt Fund?
They hold the identical portfolio, run by the same manager. A Regular plan pays a distributor commission out of the fund, inside its expense ratio — commonly 0.5% to 1.2% a year more than Direct. That difference is charged on the whole balance, every year, so it compounds: on ₹1,00,000 held ten years a gap of 1.5 percentage points is roughly ₹1.4 lakh of ending value. Direct is the same fund without the commission.
What does the Half yearly IDCW option mean?
An IDCW option pays part of the fund's gains out to you, and the NAV falls by exactly what it pays. It is not extra return — it is your own money returned, taxed at your slab rate. That also means a return computed from NAV alone understates an IDCW scheme, which is why no CAGR is shown here for it.
What kind of scheme is this?
At least 80% in debt of banks, PSUs and public financial institutions. Issuers with the strongest balance sheets in the country, many state-backed. One of the safest places in debt outside government securities.
How long should money stay in it?
Typically 2 to 3 years. Investors who want safety close to a gilt fund with a little more yield.