Bandhan Banking and PSU Debt Fund - Regular Plan - IDCW

NAVs of 8 Nov 2026

Bandhan Mutual Fund · Debt fund · Regular plan · IDCW

Banking & PSURegular · IDCWRisk: Low to Moderate

NAV · 6 Nov 2026

₹10.9466 ▲ 0.02%

Bandhan Mutual Fund

Fund size₹12,058 crJuly - September 2026

1-month range₹10.89 – 10.95

1 year+0.46%

Expense ratio0.68%regular plan, a year

5 years+0.75%a year

What the fund does

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)

BenchmarkNifty Banking & PSU Debt Index A-II

Launched13 Mar 2013

Fund houseBandhan Mutual Fund

Fund managersFM 1 - Mr. Gautam KaulFM 2 - Mr. Suyash Choudhary

NAV history

Returns

1 week

+0.41%avg 0.6%

1 month

+0.29%avg 0.3%

3 months

-0.04%avg 0.4%

6 months

+0.25%avg 2.5%

This year

+1.00%avg 3.6%

1 year

+0.46%avg 4.1%

3 years (a year)

+0.88%avg 6.7%

5 years (a year)

+0.75%avg 6.0%

Bars: this plan; the thin mark is the Banking & PSU average (regular plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2024												+0.4
2025	-0.7	+0.4	-0.3	+1.2	+1.0	+0.2	-2.0	-0.0	+0.6	-0.3	+0.4	-0.8
2026	+0.0	+0.7	-0.8	+0.4	+0.2	+0.0	+0.2	+0.2	-0.3	-0.0	+0.4

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 31 Oct 2026

Holdings8992 lines in all

Top 10 holdings32.7%of the fund

Debt45.1%bonds, government securities

Money market33.1%CDs, CPs, treasury bills

Where the money is

Equity 4.2%Debt 45.1%Money market 33.1%Cash & others 21.8%Short -4.2%

Credit quality (debt and money market)

AAA

42.5%

A1+

33.1%

Sovereign

2.2%

Unrated / other

0.4%

Stocks held 1

Holding	Sector / type	% of fund
Interest Rate Swaps (29/04/2027) Receive Floating	–	4.22%

Short positions 1

Holding	Sector / type	% of fund
Interest Rate Swaps (29/04/2027) Pay Fixed	–	-4.22%

Bonds, money market and cash 90

Holding	Sector / type	% of fund
Triparty Repo TRP_021126_VAL	–	20.12%
Canara Bank ** INE476A16G36	CRISIL A1+	4.14%
7.7% HDFC Bank Limited ** INE040A08955	CRISIL AAA	3.51%
6.45% ICICI Bank Limited ** INE090A08UE8	ICRA AAA	3.33%
8.24% Power Grid Corporation of India Limited ** INE752E08551	CRISIL AAA	3.14%
7.37% Indian Railway Finance Corporation Limited ** INE053F08411	CRISIL AAA	2.94%
Punjab National Bank ** INE160A16UE2	CRISIL A1+	2.48%
Axis Bank Limited ** INE238AD6CP1	CRISIL A1+	2.47%
7.48% National Bank For Agriculture and Rural Development ** INE261F08EO7	CRISIL AAA	2.29%
Indian Bank ** INE562A16QI8	CRISIL A1+	2.28%
Canara Bank ** INE476A16H43	CRISIL A1+	2.26%
8.55% HDFC Bank Limited ** INE040A08724	CRISIL AAA	2.08%
Union Bank of India ** INE692A16KU1	ICRA A1+	2.08%
Export Import Bank of India ** INE514E14TC3	CRISIL A1+	2.07%
7.44% National Bank For Agriculture and Rural Development ** INE261F08EU4	CRISIL AAA	2.06%
Punjab National Bank ** INE160A16UD4	CRISIL A1+	1.82%
Net Current Assets	–	1.67%
Bank of Baroda ** INE028A16LR2	CARE A1+	1.48%
Bank of Baroda ** INE028A16LD2	CARE A1+	1.45%
Canara Bank ** INE476A16G44	CRISIL A1+	1.45%
7.39% Bank of Baroda ** INE028A08281	ICRA AAA	1.44%
6.66% National Bank For Agriculture and Rural Development ** INE261F08EP4	ICRA AAA	1.43%
6.85% National Bank For Agriculture and Rural Development ** INE261F08EQ2	ICRA AAA	1.43%
Axis Bank Limited ** INE238AD6CO4	CRISIL A1+	1.24%
7.32% NTPC Limited ** INE733E07KL3	CRISIL AAA	1.16%
7.5% Indian Railway Finance Corporation Limited ** INE053F07BW9	CRISIL AAA	1.04%
7.42% Small Industries Dev Bank of India ** INE556F08KW0	CRISIL AAA	1.04%
7.01% National Bank For Agriculture and Rural Development ** INE261F08ES8	CRISIL AAA	1.03%
ICICI Bank Limited ** INE090AD6295	ICRA A1+	1.03%
6.74% Small Industries Dev Bank of India ** INE556F08LA4	CRISIL AAA	1.02%
6.65% Indian Railway Finance Corporation Limited ** INE053F08502	CRISIL AAA	1.01%
Small Industries Dev Bank of India ** INE556F16CE8	CRISIL A1+	1.01%
7.53% National Bank For Agriculture and Rural Development ** INE261F08EM1	ICRA AAA	1.00%
8.25% Gujarat SDL (MD 02/01/2029) IN1520180242	SOVEREIGN	0.85%
7.65% Axis Bank Limited ** INE238A08468	CRISIL AAA	0.84%
Export Import Bank of India ** INE514E14TS9	CRISIL A1+	0.84%
7.58% REC Limited ** INE020B08FD6	ICRA AAA	0.83%
Bank of Baroda ** INE028A16LF7	CARE A1+	0.83%
Reliance Industries Limited ** INE002A14MB4	CARE A1+	0.83%
7.34% REC Limited ** INE020B08FL9	CRISIL AAA	0.82%
ICICI Bank Limited ** INE090AD6337	ICRA A1+	0.82%
6.87% REC Limited ** INE020B08FU0	ICRA AAA	0.81%
6.58% Indian Railway Finance Corporation Limited ** INE053F08528	CRISIL AAA	0.80%
8.05% HDFC Bank Limited ** INE040A08AC9	CRISIL AAA	0.63%
7.75% Power Finance Corporation Limited ** INE134E08KV1	CRISIL AAA	0.58%
6.94% GOI (MD 11/05/2036) IN0020260025	SOVEREIGN	0.57%
6.67% ICICI Bank Limited ** INE090A08UF5	ICRA AAA	0.57%
9% HDFC Bank Limited ** INE040A08AB1	CRISIL AAA	0.51%
9% HDFC Bank Limited ** INE040A08872	CRISIL AAA	0.43%
8.3% NTPC Limited ** INE733E07KJ7	CRISIL AAA	0.42%
8.12% NHPC Limited ** INE848E08136	CARE AAA	0.42%
7.8% National Highways Authority Of India ** INE906B07HF9	CRISIL AAA	0.42%
7.44% Small Industries Dev Bank of India ** INE556F08KT6	CRISIL AAA	0.42%
7.46% Indian Railway Finance Corporation Limited ** INE053F08387	CRISIL AAA	0.42%
Bank of Baroda ** INE028A16LH3	CARE A1+	0.41%
Punjab National Bank ** INE160A16UI3	CARE A1+	0.41%
Canara Bank ** INE476A16H35	CRISIL A1+	0.41%
Bank of Baroda ** INE028A16LS0	CARE A1+	0.41%
Corporate Debt Market Development Fund Class A2 INF0RQ622028	–	0.37%
7.21% Gujarat SDL (MD 09/08/2027) IN1520170086	SOVEREIGN	0.34%
8.49% National Highways Authority Of India ** INE906B07GO3	CRISIL AAA	0.26%
8.06% REC Limited ** INE020B08AZ0	CRISIL AAA	0.21%
7.77% Power Finance Corporation Limited ** INE134E08MJ2	CRISIL AAA	0.21%
7.89% REC Limited ** INE020B08CI2	CRISIL AAA	0.21%
7.57% Indian Railway Finance Corporation Limited ** INE053F08353	CRISIL AAA	0.21%
7.6% Power Finance Corporation Limited ** INE134E08MX3	CRISIL AAA	0.21%
7.68% National Bank For Agriculture and Rural Development ** INE261F08EG3	CRISIL AAA	0.21%
7.04% Small Industries Dev Bank of India ** INE556F08LB2	CRISIL AAA	0.21%
Punjab National Bank ** INE160A16UC6	CRISIL A1+	0.21%
Punjab National Bank ** INE160A16UV6	CRISIL A1+	0.21%
7.03% Hindustan Petroleum Corporation Limited ** INE094A08069	CRISIL AAA	0.20%
Indian Bank ** INE562A16RM8	CRISIL A1+	0.20%
7.06% GOI (MD 27/07/2041) IN0020260041	SOVEREIGN	0.18%
7.75% Small Industries Dev Bank of India ** INE556F08KN9	CRISIL AAA	0.17%
6.7% REC Limited ** INE020B08FY2	ICRA AAA	0.16%
HDFC Bank Limited ** INE040A16KB3	ICRA A1+	0.14%
Canara Bank ** INE476A16F78	CRISIL A1+	0.13%
7.48% Indian Railway Finance Corporation Limited ** INE053F07BU3	CRISIL AAA	0.12%
7.17% Odisha SDL (MD 12/09/2030) IN2720240158	SOVEREIGN	0.08%
7.59% National Housing Bank ** INE557F08FZ1	CRISIL AAA	0.08%
6.68% GOI (MD 07/07/2040) IN0020250042	SOVEREIGN	0.06%
8.7% Power Grid Corporation of India Limited ** INE752E07LC0	CRISIL AAA	0.06%
Cash Margin - CCIL	–	0.05%
6.79% GOI (MD 26/12/2029) IN0020160118	SOVEREIGN	0.04%
8.95% Power Finance Corporation Limited ** INE134E08JQ3	CRISIL AAA	0.04%
8.65% National Bank For Agriculture and Rural Development ** INE261F08AJ5	CRISIL AAA	0.04%
7.77% REC Limited ** INE020B08EH0	CRISIL AAA	0.04%
6.54% GOI (MD 17/01/2032) IN0020210244	SOVEREIGN	0.02%
6.01% GOI (MD 21/07/2030) IN0020250067	SOVEREIGN	0.02%
7.18% Tamilnadu SDL (MD 26/07/2027) IN3120170078	SOVEREIGN	0.01%

Show 75 moreShow fewer

From the fund house's monthly portfolio (bandhanmutual.com), as on 31 Oct 2026. Percentages are of the fund's net assets; short positions are negative. Published about ten days after each month ends.

Risk

Volatility2.7%yearly, from daily NAVs

Worst fall-5.34%29 May 2020 → 26 Feb 2021

RiskometerLow to ModerateLow to Moderate

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 31 May 2016).

Fund details

Fund size (average AUM, July - September 2026)	₹12,058 cr across all plans · this plan ₹1.27 cr
Fund house	Bandhan Mutual Fund
Category	Debt · Banking & PSU
Plan	Regular
Option	IDCW
Expense ratio (TER)	Direct 0.39% · Regular 0.68% (5 Nov 2026)
Minimum investment	₹1,000 · additional ₹1,000
Scheme code (AMFI)	121937
ISIN	INF194K014M9
NAV date	6 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

Plan	NAV	1 year
Direct · Growth	₹27.2719	+5.30%
Direct · IDCW	₹14.3456	+5.29%
Direct · IDCW	₹10.4839	+0.23%
Direct · IDCW	₹10.4697	+0.24%
Direct · IDCW	₹12.4906	-0.92%
Direct · IDCW	₹11.0556	+0.51%
Direct · IDCW	₹10.4768	0.00%
Regular · Growth	₹26.3918	+4.98%
Regular · IDCW	₹14.2514	+4.98%
Regular · IDCW	₹10.6392	+0.22%
Regular · IDCW	₹10.7119	+0.22%
Regular · IDCW	₹11.4714	-0.95%
Regular · IDCW	₹10.8788	0.00%

Top Banking & PSU funds (regular plans)

Fund	1 year	3 years (a year)
UTI Banking & PSU Debt Fund	+5.53%	+7.20%
Franklin India Banking & PSU Debt Fund	+5.23%	+7.06%
Sundaram Banking and PSU Debt Fund (Formerly Known as Sundaram Banking and PSU Fund)	+4.40%	+7.00%
Axis Banking and PSU Debt Fund	+4.46%	+6.92%
Mirae Asset Banking and PSU Debt Fund	+4.06%	+6.89%
Kotak Banking and PSU Debt Fund	+4.41%	+6.86%
Sundaram Banking and PSU Debt Fund (Formerly Known as Sundaram Banking and PSU Fund)	+4.23%	+6.85%
Edelweiss Banking and PSU Debt Fund	+3.91%	+6.79%

All Banking & PSU funds ranked › · Compare with others ›

← All mutual funds

Information only, not investment advice.

What is the NAV of Bandhan Banking and PSU Debt Fund - Regular Plan - IDCW today?

₹10.9466 as of 6 Nov 2026, from AMFI's official NAV data.

What are the returns of Bandhan Banking and PSU Debt Fund - Regular Plan - IDCW?

1 year: 0.46%, 3 years: 0.88% a year, 5 years: 0.75% a year

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.