HSBC Banking and PSU Debt Fund
The scheme aims to generate reasonable returns by primarily investing in debt and money market securities that are issued by Banks, Public Sector Undertakings and Public Financial Institutions in India.
Growthvine rating: 3/5 — ranked #6 of 22 in category.
Fund basics
| Category | Debt: Banking and PSU |
|---|---|
| NAV | ₹25.70 (as of 2026-08-21) |
| AUM | ₹3,785 Cr |
| Expense ratio | 0.49% |
| Riskometer | Low to Moderate |
| Fund manager | Mahesh A Chhabria |
| Exit load | 0 |
Performance & risk
| Sharpe ratio | 0.58 |
|---|---|
| Standard deviation | 1.43% |
| Max drawdown | -0.66% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 94.9% of NIFTY Banking & PSU Debt Index's upside and 99.2% of its downside.
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 3.0% | Q3 | #12 of 21 |
| 2025 | 7.5% | Q2 | #7 of 21 |
| 2024 | 7.3% | Q4 (Bottom) | #22 of 22 |
| 2023 | 6.5% | Q3 | #14 of 21 |