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

Item: Nippon India Banking & PSU Debt Fund - IDCW - Regular Plan
Rating: 2
Author: PersonalFN

Invest Now

₹10.3315 0.12 %Nav, as on 19-09-2024
Previous Nav
₹ 10.3188
Net Change on 19-09-2024
₹0.01
PersonalFN Rating
Category
Debt - Banking and PSU Fund
Assets (Cr.)
₹ 5,337.37
Expense Ratio
0.78%
(As on Aug 31, 2024)

Fund Overview IDCW | Regular 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 (₹)
18.07
52 Week Low Nav Date
09-Oct-2023
52 Week High Nav (₹)
19.48
52 Week High Nav Date
17-Sep-2024

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 - WEEKLY IDCW Option	9.55	9.09	7.72	5.48	6.30	6.23
Crisil 10 Yr Gilt Index	N/A	N/A	N/A	N/A	N/A	N/A
CRISIL 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	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
NIPPON INDIA BANKING & PSU DEBT FUND - WEEKLY IDCW Option	May 15, 2015	7.72	5.48	6.30	0.78	5,337.37
Bandhan Banking & PSU Debt Fund - Regular Annual IDCW	Mar 27, 2014	7.44	5.52	6.29	0.63	13,887.95
Bandhan Banking & PSU Debt Fund - Regular Daily IDCW	Feb 10, 2014	7.54	5.56	6.43	0.63	13,887.95
Bandhan Banking & PSU Debt Fund - Regular Fortnightly IDCW	Mar 13, 2013	7.41	5.50	6.33	0.63	13,887.95
Bandhan Banking & PSU Debt Fund - Regular IDCW	Mar 07, 2013	7.41	5.50	5.35	0.63	13,887.95
Bandhan Banking & PSU Debt Fund - Regular Monthly IDCW	Mar 13, 2013	7.41	5.50	6.35	0.63	13,887.95

Fund Holdings as on 31-August-2024

Company % Assets
7.1% Government of India
6.94
7.18% Government of India
4.89
7.62% National Bank For Agriculture and Rural Development
4.13
7.18% Government of India
3.59
7.23% Government of India
3.57
7.68% Indian Railway Finance Corporation Limited
3.29
Net Current Assets
3.03
7.77% REC Limited**
2.36
7.43% Small Industries Dev Bank of India
2.33
7.57% Indian Railway Finance Corporation Limited
2.27
7.8% HDFC Bank Limited**
2.18
8.85% Axis Bank Limited**
2.16
8.35% SBI General Insurance Company Limited**
2.09
7.56% Power Grid Corporation of India Limited**
2.08
7.7% Nuclear Power Corporation Of India Limited**
1.89
7.83% Small Industries Dev Bank of India**
1.70
8.54% REC Limited**
1.66
6.24% State Bank of India**
1.65
7.26% Government of India
1.63
7.86% HDFC Bank Limited**
1.61
7.4% Power Grid Corporation of India Limited**
1.53
Power Finance Corporation Limited**
1.51
7.89% Bajaj Housing Finance Limited**
1.42
7.77% Power Finance Corporation Limited**
1.42
7.65% HDFC Bank Limited**
1.41
7.68% National Bank For Agriculture and Rural Development**
1.41
7.59% National Housing Bank**
1.41
7.45% Export Import Bank of India**
1.41
7.75% Small Industries Dev Bank of India
1.40
7.8% HDFC Bank Limited
1.40
7.1% ICICI Bank Limited**
1.40
7.49% National Bank For Agriculture and Rural Development**
1.31
7.39% Indian Railway Finance Corporation Limited**
0.95
7.58% REC Limited**
0.94
8.03% Power Finance Corporation Limited**
0.94
Triparty Repo
0.94
7.77% National Housing Bank**
0.94
7.55% REC Limited**
0.94
7.6% REC Limited**
0.94
7.55% Power Finance Corporation Limited
0.94
7.58% National Bank For Agriculture and Rural Development
0.93
7.44% REC Limited**
0.93
7.17% Power Finance Corporation Limited
0.93
7.25% Small Industries Dev Bank of India**
0.93
7.13% Power Finance Corporation Limited**
0.93
6.67% HDFC Life Insurance Company Limited**
0.93
5.83% State Bank of India**
0.91
7.44% Small Industries Dev Bank of India
0.84
7.64% Power Finance Corporation Limited**
0.76
8% Mahanagar Telephone Nigam Limited**
0.67
7.71% REC Limited**
0.57
8% HDFC Bank Limited**
0.48
7.59% Power Finance Corporation Limited**
0.47
8.65% Power Finance Corporation Limited**
0.47
8.43% HDFC Bank Limited**
0.47
7.45% Indian Railway Finance Corporation Limited**
0.47
9.3% Power Grid Corporation of India Limited**
0.47
8% ONGC Petro Additions Limited**
0.47
Bank of Baroda
0.47
7.35% National Bank For Agriculture and Rural Development**
0.47
Punjab National Bank**
0.47
7.08% Indian Railway Finance Corporation Limited**
0.46
7.03% Indian Railway Finance Corporation Limited**
0.46
5.81% REC Limited**
0.46
5.78% HDFC Bank Limited
0.46
Bank of Baroda**
0.45
8.49% NTPC Limited**
0.38
7.11% Small Industries Dev Bank of India**
0.37
7.49% State Government Securities
0.29
8.2% National Bank For Agriculture and Rural Development**
0.29
1.5% HDFC Bank Limited**
0.28
6.64% Government of India
0.27
7.63% State Government Securities
0.27
Corporate Debt Market Development Fund Class A2
0.26
8.48% State Government Securities
0.20
7.7% State Government Securities
0.19
7.65% State Government Securities
0.19
7.32% Government of India
0.19
8.39% Power Finance Corporation Limited**
0.19
7.4% HDFC Bank Limited**
0.19
8.22% National Bank For Agriculture and Rural Development**
0.10
Export Import Bank of India
0.09
7.36% Power Grid Corporation of India Limited**
0.09
6.7% State Government Securities
0.09
7.26% Government of India
0.05
Cash Margin - CCIL
0.02
7.72% Government of India
0.02
8.57% REC Limited**
0.02
8.11% REC Limited**
0.01
5.36% Hindustan Petroleum Corporation Limited**
0.01
8.12% NHPC Limited**
0.00
8.27% National Highways Authority Of India**
0.00

Sector Holding%
Miscellaneous
70.38

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 (%)
17/09/2024
0.01
03/09/2024
0.22
27/08/2024
0.16
20/08/2024
0.13
13/08/2024
0.14
06/08/2024
0.15
30/07/2024
0.25
23/07/2024
0.14
16/07/2024
0.21
09/07/2024
0.18
02/07/2024
0.13
25/06/2024
0.20
18/06/2024
0.17
11/06/2024
0.20
28/05/2024
0.18
21/05/2024
0.26
14/05/2024
0.13
07/05/2024
0.27
30/04/2024
0.10
23/04/2024
0.01
10/04/2024
0.11
02/04/2024
0.21
26/03/2024
0.09
12/03/2024
0.27
05/03/2024
0.16
27/02/2024
0.16
20/02/2024
0.20
13/02/2024
0.08
06/02/2024
0.38
30/01/2024
0.18
23/01/2024
0.05
16/01/2024
0.23
09/01/2024
0.11
02/01/2024
0.12
26/12/2023
0.09
19/12/2023
0.39
12/12/2023
0.08
05/12/2023
0.13
28/11/2023
0.07
21/11/2023
0.00
15/11/2023
0.26
07/11/2023
0.28
31/10/2023
0.09
25/10/2023
0.09
17/10/2023
0.04
03/10/2023
0.01
26/09/2023
0.08
20/09/2023
0.22
05/09/2023
0.13
29/08/2023
0.27
22/08/2023
0.10
17/08/2023
0.02
08/08/2023
0.03
01/08/2023
0.08
25/07/2023
0.06
18/07/2023
0.25
11/07/2023
0.12
04/07/2023
0.09
27/06/2023
0.02
20/06/2023
0.05
13/06/2023
0.00
06/06/2023
0.22
30/05/2023
0.08
23/05/2023
0.18
16/05/2023
0.24
09/05/2023
0.21
02/05/2023
0.16
18/04/2023
0.16
11/04/2023
0.31
05/04/2023
0.37
28/03/2023
0.14
21/03/2023
0.19
14/03/2023
0.34
07/02/2023
0.24
31/01/2023
0.05
24/01/2023
0.08
17/01/2023
0.14
10/01/2023
0.12
03/01/2023
0.11
27/12/2022
0.08
20/12/2022
0.09
13/12/2022
0.08
06/12/2022
0.19
29/11/2022
0.14
22/11/2022
0.11
15/11/2022
0.32
09/11/2022
0.17
01/11/2022
0.09
13/09/2022
0.14
06/09/2022
0.13
30/08/2022
0.16
17/08/2022
0.30
10/08/2022
0.03
02/08/2022
0.16
05/04/2022
0.15
29/03/2022
0.08
22/03/2022
0.11
15/03/2022
0.05
22/02/2022
0.07
15/02/2022
0.36
25/01/2022
0.12
18/01/2022
0.08
11/01/2022
0.02
04/01/2022
0.01
28/12/2021
0.01
21/12/2021
0.08
14/12/2021
0.04
07/12/2021
0.10
30/11/2021
0.11
23/11/2021
0.10
16/11/2021
0.09
09/11/2021
0.11
02/11/2021
0.11
26/10/2021
0.08
20/10/2021
0.17
12/10/2021
0.11
05/10/2021
0.13
28/09/2021
0.20
21/09/2021
0.11
14/09/2021
0.10
07/09/2021
0.11
31/08/2021
0.11
24/08/2021
0.15
17/08/2021
0.11
10/08/2021
0.10
03/08/2021
0.13
27/07/2021
0.11
20/07/2021
0.12
13/07/2021
0.11
06/07/2021
0.08
29/06/2021
0.15
22/06/2021
0.10
15/06/2021
0.09
08/06/2021
0.11
01/06/2021
0.27
25/05/2021
0.12
18/05/2021
0.10
11/05/2021
0.12
04/05/2021
0.11
27/04/2021
0.11
20/04/2021
0.08
15/04/2021
0.17
06/04/2021
0.09
30/03/2021
0.06
23/03/2021
0.22
16/03/2021
0.03
09/03/2021
0.06
02/03/2021
0.11
23/02/2021
0.05
09/02/2021
0.12
02/02/2021
0.10
27/01/2021
0.12
19/01/2021
0.09
12/01/2021
0.13
05/01/2021
0.13
29/12/2020
0.10
22/12/2020
0.11
15/12/2020
0.29
08/12/2020
0.12
01/12/2020
0.17
24/11/2020
0.11
17/11/2020
0.13
10/11/2020
0.14
03/11/2020
0.11
27/10/2020
0.14
20/10/2020
0.19
13/10/2020
0.12
06/10/2020
0.10
29/09/2020
0.14
22/09/2020
0.08
15/09/2020
0.07
08/09/2020
0.22
01/09/2020
0.13
25/08/2020
0.20
18/08/2020
0.10
11/08/2020
0.18
04/08/2020
0.15
28/07/2020
0.28
21/07/2020
0.16
14/07/2020
0.59
07/07/2020
0.31
30/06/2020
0.17
23/06/2020
0.23
16/06/2020
0.16
09/06/2020
0.16
02/06/2020
0.24
26/05/2020
0.35
19/05/2020
0.29
12/05/2020
0.17
05/05/2020
0.29
28/04/2020
0.14
21/04/2020
0.14
15/04/2020
0.18
07/04/2020
0.15
31/03/2020
0.27
17/03/2020
0.01
11/03/2020
0.17
03/03/2020
0.16
25/02/2020
0.16
18/02/2020
0.28
11/02/2020
0.15
04/02/2020
0.14
28/01/2020
0.12
21/01/2020
0.12
14/01/2020
0.12
07/01/2020
0.12
31/12/2019
0.10
24/12/2019
0.12
17/12/2019
0.12
10/12/2019
0.11
03/12/2019
0.14
26/11/2019
0.17
19/11/2019
0.11
13/11/2019
0.15
05/11/2019
0.14
29/10/2019
0.14
22/10/2019
0.16
15/10/2019
0.17
09/10/2019
0.17
01/10/2019
0.13
24/09/2019
0.11
17/09/2019
0.24
11/09/2019
0.23
03/09/2019
0.25
27/08/2019
0.18
20/08/2019
0.15
13/08/2019
0.21
06/08/2019
0.14
30/07/2019
0.14
23/07/2019
0.15
16/07/2019
0.53
09/07/2019
0.27
02/07/2019
0.13
25/06/2019
0.38
18/06/2019
0.22
11/06/2019
0.22
04/06/2019
0.23
28/05/2019
0.20
21/05/2019
0.18
14/05/2019
0.22
07/05/2019
0.06
23/04/2019
0.12
16/04/2019
0.14
09/04/2019
0.17
02/04/2019
0.24
26/03/2019
0.15
19/03/2019
0.17
12/03/2019
0.28
05/03/2019
0.20
26/02/2019
0.08
20/02/2019
0.12
12/02/2019
0.29
29/01/2019
0.10
22/01/2019
0.03
15/01/2019
0.32
08/01/2019
0.09
26/12/2018
0.50
18/12/2018
0.36
11/12/2018
0.09
04/12/2018
0.39
27/11/2018
0.20
20/11/2018
0.26
13/11/2018
0.26
06/11/2018
0.32
30/10/2018
0.07
23/10/2018
0.09
16/10/2018
0.29
09/10/2018
0.12
03/10/2018
0.06
28/08/2018
0.08
21/08/2018
0.12
14/08/2018
0.10
07/08/2018
0.18
31/07/2018
0.17
24/07/2018
0.07
17/07/2018
0.31
10/07/2018
0.22
03/07/2018
0.04
10/04/2018
0.15
03/04/2018
0.27
27/03/2018
0.37
20/03/2018
0.27
13/03/2018
0.41
14/02/2018
0.18
23/01/2018
0.07
09/01/2018
0.02
21/11/2017
0.26
07/11/2017
0.07
31/10/2017
0.05
24/10/2017
0.13
17/10/2017
0.15
10/10/2017
0.04
03/10/2017
0.14
26/09/2017
0.12
12/09/2017
0.14
05/09/2017
0.14
29/08/2017
0.13
22/08/2017
0.12
16/08/2017
0.16
08/08/2017
0.22
01/08/2017
0.14
25/07/2017
0.17
18/07/2017
0.14
11/07/2017
0.19
20/06/2017
0.14
13/06/2017
0.27
06/06/2017
0.25
23/05/2017
0.19
16/05/2017
0.27
09/05/2017
0.12
25/04/2017
0.09
18/04/2017
0.23
11/04/2017
0.03
05/04/2017
0.16
29/03/2017
0.58
28/02/2017
0.09
22/02/2017
0.05
14/02/2017
0.05
07/02/2017
0.14
31/01/2017
0.22
24/01/2017
0.17
17/01/2017
0.14
10/01/2017
0.13
03/01/2017
0.15
27/12/2016
0.15
20/12/2016
0.30
13/12/2016
0.15
06/12/2016
0.15
29/11/2016
0.23
22/11/2016
0.28
15/11/2016
0.27
08/11/2016
0.15
01/11/2016
0.15
25/10/2016
0.16
18/10/2016
0.11
13/10/2016
0.21
04/10/2016
0.19
27/09/2016
0.15
20/09/2016
0.15
14/09/2016
0.17
06/09/2016
0.16
30/08/2016
0.15
23/08/2016
0.15
16/08/2016
0.15
09/08/2016
0.18
02/08/2016
0.20
26/07/2016
0.16
19/07/2016
0.15
12/07/2016
0.32
05/07/2016
0.31
28/06/2016
0.15
21/06/2016
0.10
14/06/2016
0.18
07/06/2016
0.17
31/05/2016
0.11
24/05/2016
0.12
17/05/2016
0.20
10/05/2016
0.13
03/05/2016
0.07
26/04/2016
0.01
20/04/2016
0.17
12/04/2016
0.27
05/04/2016
0.66
29/03/2016
0.04
22/03/2016
0.43
15/03/2016
0.24
08/03/2016
0.28
01/03/2016
0.14
16/02/2016
0.13
09/02/2016
0.04
02/02/2016
0.07
27/01/2016
0.18
19/01/2016
0.08
12/01/2016
0.14
05/01/2016
0.24
29/12/2015
0.16
22/12/2015
0.13
08/12/2015
0.06
01/12/2015
0.09
24/11/2015
0.13
17/11/2015
0.17
10/11/2015
0.05
03/11/2015
0.11
27/10/2015
0.15
20/10/2015
0.23
13/10/2015
0.18
06/10/2015
0.29
29/09/2015
0.47
22/09/2015
0.22
15/09/2015
0.11
01/09/2015
0.19
25/08/2015
0.04
19/08/2015
0.27
11/08/2015
0.18
04/08/2015
0.17
28/07/2015
0.21
21/07/2015
0.16
14/07/2015
0.19
07/07/2015
0.34
30/06/2015
0.08
23/06/2015
0.08

Holding Type Holding %
CARE AAA
0.00
CARE AAA(CE)
0.67
Cash
3.99
CRISIL A1+
0.56
CRISIL AAA
63.82
FITCH A1+
0.92
ICRA AAA
6.93
ICRA AAA(CE)
0.47
Sov
22.38
Unrated
0.26

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 ₹5,337.37 crore. Nippon India Banking & PSU Debt Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and CRISIL Banking and PSU Debt Index as secondary index.

The NAV of Nippon India Banking & PSU Debt Fund ended up ₹0.01(0.12%)yesterday to ₹10.3315.

Among its top 3 holdings the fund has exposure to 7.1% 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: https://mf.nipponindiaim.com/

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