Nippon India Banking & PSU Debt Fund - IDCW - Direct Plan

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₹10.6445 (-0.05%)Nav, as on 24-11-2023
Previous Nav
₹ 10.6503
Net Change on 24-11-2023
₹-0.01
PersonalFN Rating
Unrated
Category
Debt - Banking and PSU Fund
Assets (Cr.)
₹ 5,278.76
Expense Ratio
0.36%
(As on Oct 31, 2023)

Fund Overview IDCW | Direct Plan

Fund House
Nippon India Mutual Fund
Launch Date
15-May-2015
Benchmark
Crisil 10 Yr Gilt Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil
Minimum SIP Investment (₹)
100
Minimum STP Investment (₹)
100
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
17.61
52 Week Low Nav Date
29-Nov-2022
52 Week High Nav (₹)
18.83
52 Week High Nav Date
17-Nov-2023

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 - MONTHLY IDCW Option	8.20	5.54	6.92	4.92	6.89	6.47
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 - MONTHLY IDCW Option	May 15, 2015	Unrated	6.92	4.92	6.89	0.36	5,278.76
Bandhan Banking & PSU Debt Fund - Direct Daily IDCW	Feb 10, 2014		6.79	4.70	6.84	0.32	14,779.63
Bandhan Banking & PSU Debt Fund - Direct Fortnightly IDCW	Mar 13, 2013		6.87	4.74	6.90	0.32	14,779.63
Bandhan Banking & PSU Debt Fund - Direct IDCW	Mar 07, 2013		6.81	4.72	6.38	0.32	14,779.63
Bandhan Banking & PSU Debt Fund - Direct Monthly IDCW	Mar 13, 2013		6.81	4.72	6.83	0.32	14,779.63
Bandhan Banking & PSU Debt Fund - Direct Quarterly IDCW	Apr 09, 2014		6.81	4.72	6.73	0.32	14,779.63

Fund Holdings as on 31-October-2023

Company % Assets
7.26% Government of India
4.32
7.62% National Bank For Agriculture and Rural Development
4.14
7.18% Government of India
4.02
7.43% Small Industries Dev Bank of India**
3.75
7.17% Government of India
3.37
Net Current Assets
2.75
8.85% Axis Bank Limited
2.58
8.9% State Bank of India**
2.45
7.77% REC Limited**
2.37
5.35% National Housing Bank**
2.35
7.56% Power Grid Corporation of India Limited**
2.32
7.18% Government of India
2.31
8% Mahanagar Telephone Nigam Limited**
2.22
7.69% Government of India
1.91
7.8% HDFC Bank Limited**
1.89
7.44% REC Limited**
1.88
7.1% ICICI Bank Limited**
1.85
Kotak Mahindra Bank Limited**
1.84
ICICI Bank Limited**
1.84
5.78% HDFC Bank Limited**
1.82
7.4% Power Grid Corporation of India Limited
1.70
7.58% National Bank For Agriculture and Rural Development**
1.70
6.24% State Bank of India
1.65
7.86% HDFC Bank Limited**
1.60
Power Finance Corporation Limited**
1.50
8.27% REC Limited**
1.43
7.77% Power Finance Corporation Limited**
1.42
7.75% Small Industries Dev Bank of India**
1.42
Axis Bank Limited**
1.38
7.49% National Bank For Agriculture and Rural Development**
1.31
7.8% HDFC Bank Limited**
1.31
8.1% REC Limited**
1.04
7.6% REC Limited**
1.00
8.38% HDB Financial Services Limited**
0.95
8.03% Power Finance Corporation Limited**
0.95
8.3% Tata Capital Financial Services Limited**
0.95
8.05% Summit Digitel Infrastructure Limited**
0.94
7.9% Jamnagar Utilities & Power Private Limited**
0.94
7.55% Power Finance Corporation Limited**
0.94
7.67% LIC Housing Finance Limited**
0.94
7.7% HDB Financial Services Limited**
0.94
5.2% Export Import Bank of India**
0.94
7.44% Small Industries Dev Bank of India
0.94
7.17% Power Finance Corporation Limited**
0.94
7.25% Small Industries Dev Bank of India**
0.94
7.2% National Bank For Agriculture and Rural Development
0.94
7.13% Power Finance Corporation Limited**
0.93
Export Import Bank of India**
0.92
HDFC Bank Limited**
0.92
6.67% HDFC Life Insurance Company Limited**
0.91
State Bank of India**
0.91
Axis Bank Limited**
0.90
8.98% Power Finance Corporation Limited**
0.86
7.89% Bajaj Finance Limited
0.85
7.11% Small Industries Dev Bank of India**
0.84
Triparty Repo
0.78
8.49% NTPC Limited**
0.76
7.64% Power Finance Corporation Limited**
0.76
7.34% Power Grid Corporation of India Limited**
0.76
9.3% Power Grid Corporation of India Limited**
0.58
8.65% Power Finance Corporation Limited**
0.48
8.43% HDFC Bank Limited**
0.48
7% Hindustan Petroleum Corporation Limited**
0.47
7.35% National Bank For Agriculture and Rural Development**
0.47
5.81% REC Limited**
0.46
8.02% Bharat Petroleum Corporation Limited**
0.38
7.4% HDFC Bank Limited**
0.38
8.2% National Bank For Agriculture and Rural Development**
0.29
1.5% HDFC Bank Limited**
0.28
8.48% State Government Securities
0.20
8.39% Power Finance Corporation Limited**
0.19
7.63% State Government Securities
0.19
Corporate Debt Market Development Fund Class A2
0.19
5.68% State Government Securities
0.19
6.64% Government of India
0.18
8.22% National Bank For Agriculture and Rural Development**
0.10
8.15% Government of India
0.10
9.15% ICICI Bank Limited**
0.10
7.36% Power Grid Corporation of India Limited**
0.09
6.7% State Government Securities
0.09
6.54% Government of India
0.09
7.26% Government of India
0.05
7.35% Government of India
0.04
6.79% Government of India
0.04
5.15% Government of India
0.03
8.57% REC Limited**
0.02
7.32% Government of India
0.02
Cash Margin - CCIL
0.01
8.11% REC Limited**
0.01
5.36% Hindustan Petroleum Corporation Limited**
0.01
8.27% National Highways Auth Of Ind**
0.00
8.12% NHPC Limited**
0.00
Interest Rate Swaps Pay Floating Receive Fix (22/08/2028) (FV 5000 Lacs)
0.00

Sector Holding%
Miscellaneous
68.92

Fund Manager

Vivek Sharma

Pranay Sinha

Education:Graduation - IIT Kharagpur, B.Tech in Aerospace Engg, Post Graduation : IIM Calcutta, PGDM (Finance)
Experience:10 Years
Basic Details:Mr. Pranay Sinha has an overall experience of around 10 years in financial markets. Prior to joining BSLAMC, he was working as a Trader - Interest Rates in BNP Paribas Bank (October 2010 - August, 2014). He has also worked with Morgan Stanley Investment Management Private Limited (March 2008 - October 2010) and ICICI Prudential Asset Management Company Limited (October 2005 - March 2008).
Funds Managed:
Nippon India ETF Nifty 5 yr Benchmark G-Sec
Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt
Nippon India Banking & PSU Debt Fund
Nippon India Dynamic Bond Fund
Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt
Nippon India Gilt Securities Fund
Nippon India Nivesh Lakshya Fund
Nippon India Retirement Fund - Income Generation Scheme
Nippon India Retirement Fund - Wealth Creation Scheme
Nippon India Banking & PSU Debt Fund
Nippon India Dynamic Bond Fund
Nippon India Dynamic Bond Fund
Nippon India ETF Nifty 5 yr Benchmark G-Sec
Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt
Nippon India Gilt Securities Fund
Nippon India Nivesh Lakshya Fund
Nippon India Retirement Fund - Income Generation Scheme
Nippon India Retirement Fund - Wealth Creation Scheme

Kinjal Desai

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
21/11/2023
0.87
20/10/2023
0.10
21/09/2023
0.67
22/08/2023
0.30
20/07/2023
0.55
20/06/2023
0.32
22/05/2023
1.01
20/04/2023
1.09
21/03/2023
0.60
21/02/2023
0.44
20/01/2023
0.57
20/12/2022
0.55
22/11/2022
0.94
20/10/2022
0.04
20/09/2022
0.32
22/08/2022
0.74
20/07/2022
0.10
22/03/2022
0.21
22/02/2022
0.57
20/01/2022
0.19
21/12/2021
0.29
23/11/2021
0.48
21/09/2021
0.65
23/08/2021
0.62
20/07/2021
0.47
22/06/2021
0.38
20/05/2021
0.83
20/04/2021
0.89
20/01/2021
0.09
22/12/2020
0.32
20/11/2020
0.59
20/10/2020
1.25
22/09/2020
0.17
21/07/2020
1.47
22/06/2020
0.94
20/05/2020
1.23
21/04/2020
2.58
24/02/2020
1.65
21/01/2020
0.52
20/11/2019
0.80
23/10/2019
0.96
20/09/2019
0.81
20/08/2019
0.73
22/07/2019
1.43
20/06/2019
1.31
21/05/2019
0.60
23/04/2019
0.49
20/03/2019
1.08
21/02/2019
0.62
22/01/2019
0.63
20/12/2018
0.95
20/11/2018
0.79
22/10/2018
0.53
21/08/2018
0.54
20/07/2018
0.76
20/06/2018
0.46
20/04/2018
0.72
20/03/2018
0.64
21/02/2018
0.18
22/01/2018
0.08
21/11/2017
0.07
24/10/2017
0.36
20/09/2017
0.36
22/08/2017
0.61
20/07/2017
0.49
20/06/2017
1.33
22/05/2017
0.40
20/04/2017
1.02
22/02/2017
0.42
20/01/2017
0.95
20/12/2016
0.42
22/11/2016
0.91
20/10/2016
1.21
20/09/2016
0.77
22/08/2016
1.18
20/07/2016
1.08
21/06/2016
0.58
20/05/2016
0.44
21/04/2016
1.01
22/03/2016
0.83
23/02/2016
0.40
20/01/2016
0.54
22/12/2015
0.16
20/11/2015
0.50
20/10/2015
0.99
22/09/2015
0.52
20/08/2015
0.71
21/07/2015
0.79

Holding Type Holding %
CARE A1+
0.91
CARE AAA
0.00
CARE AAA(CE)
2.22
Cash
3.54
CRISIL A1+
5.96
CRISIL AAA
61.15
Derivatives
0.00
ICRA A1+
1.84
ICRA AAA
7.04
Sov
17.15
Unrated
0.19

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 ₹5,278.76 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 down ₹-0.01(-0.05%)yesterday to ₹10.6445.

Among its top 3 holdings the fund has exposure to 7.26% Government of India, and

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

Fund House Contact

Address:

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

Phone Number: 022-68087000

Email Address: customercare@nipponindiaim.in

Fax Number: 022-68087097

Website: mf.nipponindiaim.com

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