Latest NAV & returns of L&T INVESTMENT MANAGEMENT LIMITED

HSBC Banking & PSU Debt fund Direct Plan Growth Option

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previously known as L&T Banking & PSU Debt Dir Gr until

NAV on May 22, 2026
Category Fixed income:
Banking & PSU
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 4,019 cr
Turnover Ratio 109.90%
Expense Ratio 0.24%
Exit Load -
Returns
  • 1M: -0.48%
  • 1Y: 3.69%
  • 3M: 0.09%
  • 3Y: 6.55%
  • 6M: 0.94%
  • 5Y: 5.43%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Mahesh Chhabria (Since over 3 years) Mohd Asif Rizwi (Since about 2 years)
ISIN INF917K01HH5
Fund Family L&T Finance
Launch Date January 01, 2013
Benchmark NIFTY Banking and PSU Debt A-II TR INR
Avg. Maturity 3.15 years
Yield To Maturity (%) 7.45%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 100.00%
AA 0.00%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs NIFTY Banking and PSU Debt A-II TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino 0.408
Sharpe 0.265
Std Dev 1.174
Risk Below Average
INVESTMENT OBJECTIVE

To generate reasonable returns by primarily investing in debt and money market securities that are issued by Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs) in India.There is no assurance that the investment objective of the scheme will be realized.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Banking & Psu Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
22.344 6.80% 45 cr 0.18% Below Average
24.679 5.31% 473 cr 0.17% Below Average
23.389 5.03% 1,206 cr 0.21% Low
35.497 4.07% 9,144 cr 0.33% Below Average
70.863 3.76% 5,129 cr 0.40% Average
394.074 3.26% 8,805 cr 0.33% Average
24.790 3.25% 5,316 cr 0.35% Average
Best Banking & Psu Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
24.679 5.31% 473 cr 0.17% Below Average
23.389 5.03% 1,206 cr 0.21% Low
35.497 4.07% 9,144 cr 0.33% Below Average
70.863 3.76% 5,129 cr 0.4% Average
38.969 3.54% 1,848 cr 0.27% Average


Other plans of HSBC Banking & PSU Debt


Other Debt funds by L&T Finance