The scheme seeks to generate income / capital appreciation through investments in debt and money market instruments consisting predominantly of securities issued by entities such as Scheduled Commercial Banks (SCBs), Public Sector undertakings (PSUs), Public Financial Institutions (PFIs), Municipal Corporations and such other bodies.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.
Dhruv Muchhal
Mr. Dhruv has done B.Com, CA and CFA
Prior to joining HDFC MF,he has worked with Motilal Oswal Financial Services Ltd., Goldman Sachs, CRISIL Global Research & Analytics and Deloitte Haskins & Sells
Top Holdings
Company
Sector
Asset Value (Cr)
Asset %
Indian Railway Finance Corporation Ltd. 7.46 18/06/2029
Financial
₹277.02
5.32
Indian Railway Finance Corporation Ltd. 7.57 18/04/2029
Financial
₹151.45
2.91
REC Ltd. 7.55 31/03/2028
Financial
₹150.49
2.89
Bajaj Housing Finance Ltd. 8.1 08/07/2027
Financial
₹150.71
2.89
Housing & Urban Development Corporation Ltd. 8.41 15/03/2029
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of HDFC Banking and PSU Debt Fund is ₹24.34 as of 2026-08-28.
HDFC Banking and PSU Debt Fund is classified as a Banking and PSU fund.
The Assets Under Management (AUM) of HDFC Banking and PSU Debt Fund is ₹5,209.06 Cr.
The expense ratio of HDFC Banking and PSU Debt Fund is 0.72%.
HDFC Banking and PSU Debt Fund is managed by Dhruv Muchhal.
The minimum SIP investment for HDFC Banking and PSU Debt Fund is ₹100.
As per the SEBI Riskometer, HDFC Banking and PSU Debt Fund carries a Moderate risk level.
HDFC Banking and PSU Debt Fund has delivered 4.97% (1Y), 6.78% (3Y) and 5.9% (5Y) annualised returns as of 2026-08-28.
HDFC Banking and PSU Debt Fund was launched on 1999-12-10.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
