Banking and Financial Services mutual fund

Mon, 18 May 2026 00:00:00 +0000

A Banking and Financial Services (BFSI) mutual fund is a thematic equity scheme that invests at least 80 per cent of its corpus in banks, NBFCs, insurance companies, asset managers, and other financial-services entities. The category sits within the SEBI sectoral and thematic framework. BFSI is one of the most popular thematic mutual fund categories in India, reflecting:

Banking’s dominance in the Indian equity market (financial services ~30-35% of Nifty 50).
Multi-decade structural growth of Indian financial services.
Broad investor familiarity with banking sector dynamics.

For Indian retail investors, BFSI mutual funds offer:

PSU mutual fund (Public Sector Undertaking equity scheme)

Mon, 18 May 2026 00:00:00 +0000

A PSU mutual fund is a thematic equity scheme that invests primarily in Public Sector Undertaking (PSU) stocks, the listed companies in which the Government of India or a state government holds a controlling stake. The category sits within the SEBI sectoral and thematic framework set by the October 2017 categorisation circular, and as a thematic scheme each fund must keep at least 80 per cent of its assets in PSU equity. PSU funds drew heavy retail interest through 2023 and 2024 after a sharp run in Indian public-sector stocks across energy, defence, banking, and infrastructure.

Thematic Mutual Fund on WebNotes

Banking and Financial Services mutual fund

PSU mutual fund (Public Sector Undertaking equity scheme)