Fund Overview Growth | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund Objective

To generate income over short to medium term horizon through investments in debt and money market instruments of various maturities, consisting predominantly of securities issued by entities such as Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs). However, there is no assurance that the investment objective of the Scheme will be achieved

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Nippon India Banking & PSU Debt Fund- Direct Plan-Growth Plan- Growth Option 10.62 8.37 7.79 5.70 7.55 7.73
Crisil 10 Yr Gilt Index N/A N/A N/A N/A N/A N/A
NIFTY Banking and PSU Debt Index N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
Nippon India Banking & PSU Debt Fund- Direct Plan-Growth Plan- Growth Option May 15, 2015 Unrated 7.79 5.70 7.55 0.36 5,319.15
Bandhan Banking & PSU Debt Fund-Direct Plan- Growth Option Mar 07, 2013 7.41 5.37 7.43 0.33 14,537.15
Axis Banking & PSU Debt Fund - Direct Plan - Growth Option Jan 01, 2013 7.24 5.24 6.95 0.34 14,045.22
Aditya Birla Sun Life Banking & PSU Debt Fund- Direct Plan-Growth Jan 01, 2013 7.67 5.68 7.36 0.38 9,610.59
ICICI Prudential Banking and PSU Debt Fund - Direct Plan - Growth Mar 13, 2013 8.01 6.10 7.52 0.39 8,276.61
HDFC BANKING AND PSU DEBT FUND - Direct Plan - Growth Option Mar 26, 2014 7.76 5.59 7.36 0.39 6,117.32

Fund Holdings as on 31-January-2024

  • 7.18% Government of India

  • 7.26% Government of India

  • 7.18% Government of India

  • 7.62% National Bank For Agriculture and Rural Development**

  • 7.43% Small Industries Dev Bank of India**

  • Net Current Assets

  • 7.77% REC Limited

  • 7.68% Indian Railway Finance Corporation Limited**

  • 7.56% Power Grid Corporation of India Limited**

  • 8% Mahanagar Telephone Nigam Limited**

  • 8.85% Axis Bank Limited**

  • 7.8% HDFC Bank Limited

  • 7.44% REC Limited

  • ICICI Bank Limited**

  • 5.78% HDFC Bank Limited**

  • 7.58% National Bank For Agriculture and Rural Development

  • 7.4% Power Grid Corporation of India Limited**

  • 6.24% State Bank of India

  • 7.86% HDFC Bank Limited**

  • Power Finance Corporation Limited**

  • 7.77% Power Finance Corporation Limited**

  • 8.27% REC Limited**

  • 7.8% Mahanagar Telephone Nigam Limited

  • 7.75% Small Industries Dev Bank of India**

  • 7.1% ICICI Bank Limited**

  • Axis Bank Limited**

  • 7.49% National Bank For Agriculture and Rural Development**

  • 7.8% HDFC Bank Limited

  • 7.32% Government of India

  • 8.1% REC Limited**

  • 7.6% REC Limited**

  • 8.03% Power Finance Corporation Limited**

  • 7.83% Small Industries Dev Bank of India**

  • 7.79% Small Industries Dev Bank of India**

  • 8.3% Tata Capital Limited**

  • 7.8% National Bank For Agriculture and Rural Development

  • 8.05% Summit Digitel Infrastructure Limited**

  • 7.55% Power Finance Corporation Limited**

  • 7.67% LIC Housing Finance Limited**

  • 7.44% Small Industries Dev Bank of India**

  • 7.17% Power Finance Corporation Limited**

  • 7.7% HDB Financial Services Limited**

  • 7.25% Small Industries Dev Bank of India**

  • Export Import Bank of India**

  • Axis Bank Limited**

  • 7.13% Power Finance Corporation Limited**

  • State Bank of India**

  • 6.67% HDFC Life Insurance Company Limited**

  • Axis Bank Limited**

  • Punjab National Bank**

  • Canara Bank**

  • 8.98% Power Finance Corporation Limited**

  • 8.38% HDB Financial Services Limited**

  • 7.57% Indian Railway Finance Corporation Limited**

  • 8.49% NTPC Limited**

  • 7.64% Power Finance Corporation Limited

  • 7.34% Power Grid Corporation of India Limited**

  • 9.3% Power Grid Corporation of India Limited**

  • 8.65% Power Finance Corporation Limited**

  • 8.43% HDFC Bank Limited**

  • 5.35% National Housing Bank**

  • 7% Hindustan Petroleum Corporation Limited**

  • 7.35% National Bank For Agriculture and Rural Development**

  • 5.81% REC Limited**

  • 7.4% HDFC Bank Limited

  • 7.11% Small Industries Dev Bank of India**

  • 8.2% National Bank For Agriculture and Rural Development**

  • 1.5% HDFC Bank Limited**

  • 6.64% Government of India

  • 7.63% State Government Securities

  • Corporate Debt Market Development Fund Class A2

  • 8.48% State Government Securities

  • 7.7% State Government Securities

  • 8.39% Power Finance Corporation Limited

  • 7.65% State Government Securities

  • Triparty Repo

  • 8.15% Government of India

  • 8.22% National Bank For Agriculture and Rural Development**

  • 9.15% ICICI Bank Limited**

  • 7.36% Power Grid Corporation of India Limited**

  • 6.7% State Government Securities

  • 7.26% Government of India

  • 7.35% Government of India

  • 6.79% Government of India

  • 5.15% Government of India

  • 8.57% REC Limited**

  • 7.69% Government of India

  • 8.11% REC Limited**

  • 5.36% Hindustan Petroleum Corporation Limited**

  • Cash Margin - CCIL

  • 8.12% NHPC Limited**

  • 8.27% National Highways Auth Of Ind**

  • Interest Rate Swaps Pay Fix Receive Floating (13/12/2028) (FV 5000 Lacs)

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  • Miscellaneous

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Fund Manager

  • CARE A1+

  • CARE AAA

  • CARE AAA(CE)

  • Cash

  • CRISIL A1+

  • CRISIL AAA

  • Derivatives

  • ICRA A1+

  • ICRA AAA

  • SOVEREIGN

  • Unrated

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About Nippon India Banking & PSU Debt Fund

Scheme Analysis

Nippon India Banking & PSU Debt Fund is a Debt - Banking and PSU Fund fund and belongs to Nippon India Mutual Fund. It was launched on 15-May-2015 and currently has an AUM of ₹5,319.15 crore. Nippon India Banking & PSU Debt Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and NIFTY Banking and PSU Debt Index as secondary index.

The NAV of Nippon India Banking & PSU Debt Fund ended up ₹0.03(0.14%)yesterday to ₹19.2248.

Among its top 3 holdings the fund has exposure to 7.18% Government of India, and

The Nippon India Banking & PSU Debt Fund is managed by Vivek Sharma and Pranay Sinha.

Fund House Contact

4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W) Mumbai - 400 013

022-68087000
022-68087097