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Nippon India Banking & PSU Debt Fund

Nippon India Banking & PSU Debt Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

9.25

as on 20 Sep 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,047 today.

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NAV Performance

Nippon India Banking & PSU Debt Fund performance graph for last 3 years
Performance of Nippon India Banking & PSU Debt Fund for last 3 Years

Fund Information

  • ₹ 16.601

    as on 20 Sep 2021
  • Regular - Growth

  • 7 / 19

  • ₹ 5,000

  • ₹ 6,410 Cr.

    as on 20 Sep 2021
  • 0.79%

    since 31 May 2021
  • 15 May 2015

  • Debt - Banking and PSU Fund

  • CRISIL 10 Year Gilt Index

  • Nippon India Mutual Fund

    Show All Funds

Highlights of this fund

Nippon India Banking & PSU Debt Fund is an Open-ended Debt Fund. The fund belongs to Banking and PSU Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 15 May 2015. This fund is offered by one of the top AMC (Assets Management Company) Nippon India Mutual Fund. You can also view here all other Debt funds offered by Nippon India Mutual Fund.

Latest NAV of the fund is ₹ 16.601 as on 20 Sep 2021.

This fund has 6 years of track record. Since 31 May 2021 expense ratio of this fund is 0.79%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.

You can invest in this fund in SIP with the minimum investment of ₹ 100. Lumpsum invest is offered with minimum investment of ₹ 5,000.

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).

List of Fund Managers of Nippon India Banking & PSU Debt Fund

  • About Vivek Sharma

    Picture of Vivek SharmaVivek Sharma, Fund Manager Fixed has total 9 years experience with Reliance Mutual Fund Assisting in actively managing the duration and asset-allocation of various debt portfolios such as Income Fund, Gilt Fund, Dynamic Bond Fund, Ultra Short Term Fund, FMPs, Credit Fund, Liquid Fund & Liquid Plus Funds. Vivek Sharma joined RNAM in 2006 as Management Trainee & has been working with Fixed Income Team since 2007.
  • About Pranay Sinha

    Picture of Pranay Sinha

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderate Risk

Fund Return Comparison

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.55% 2.02% 2.41% 5.90% 6.93% 10.05% 10.78% 8.01% 9.12% 7.94% 8.73% 9.86% 8.25% 8.67%
Category Average 0.17% 0.63% 1.44% 3.43% 5.37% 7.69% 8.56% 7.46% 8.27% 5.21% 6.53% 7.52% 7.50% 7.87%
Nippon India Banking & PSU Debt Fund 0.14%₹ 10,013 0.61%₹ 10,060 1.64%₹ 10,163 3.80%₹ 10,380 5.83%₹ 10,582 5.65%₹ 12,364 8.25%₹ 11,721 7.07%₹ 25,791 9.25%₹ 13,047 8.17%₹ 40,733 7.92%₹ 14,639 8.13%₹ 73,658 - -
Aditya Birla Sun Life Banking & PSU Debt Fund 0.11%₹ 10,011 0.51%₹ 10,050 1.57%₹ 10,157 3.81%₹ 10,381 5.92%₹ 10,591 5.50%₹ 12,354 8.10%₹ 11,687 6.99%₹ 25,770 8.97%₹ 12,945 7.96%₹ 40,602 7.77%₹ 14,542 7.95%₹ 73,325 9.12%₹ 23,942 8.67%₹ 1,87,849
ICICI Prudential Banking And PSU Debt Fund 0.37%₹ 10,036 1.13%₹ 10,112 1.93%₹ 10,192 3.84%₹ 10,383 6.35%₹ 10,635 6.29%₹ 12,405 7.89%₹ 11,642 7.09%₹ 25,796 8.38%₹ 12,735 7.78%₹ 40,498 7.54%₹ 14,385 7.58%₹ 72,661 8.62%₹ 22,868 8.26%₹ 1,83,814
Kotak Banking And PSU Debt Fund 0.26%₹ 10,026 0.92%₹ 10,091 1.73%₹ 10,173 4.17%₹ 10,416 5.94%₹ 10,594 5.95%₹ 12,383 8.23%₹ 11,716 7.10%₹ 25,798 9.22%₹ 13,036 8.12%₹ 40,703 8.01%₹ 14,702 8.14%₹ 73,683 - -
Axis Banking & PSU Debt Fund 0.05%₹ 10,004 0.30%₹ 10,030 1.27%₹ 10,126 2.77%₹ 10,276 4.96%₹ 10,495 4.51%₹ 12,291 7.40%₹ 11,536 6.11%₹ 25,545 8.89%₹ 12,916 7.35%₹ 40,237 7.95%₹ 14,659 7.82%₹ 73,104 - -
L&T Banking And PSU Debt Fund 0.05%₹ 10,004 0.28%₹ 10,027 1.36%₹ 10,135 3.24%₹ 10,324 5.40%₹ 10,539 4.87%₹ 12,314 7.83%₹ 11,629 6.48%₹ 25,639 8.25%₹ 12,689 7.51%₹ 40,332 7.45%₹ 14,327 7.52%₹ 72,540 - -

Portfolio Holdings

Portfolio holdings pattern of Nippon India Banking & PSU Debt Fund as on 21 Sep 2021 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    95.53%
  • Others Holdings:

    4.47%

Top Debt Instrument Type holdings of Nippon India Banking & PSU Debt Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 70.16% ₹ 4,498.58 Cr.
GOI 10.69% ₹ 684.58 Cr.
CD 8.06% ₹ 516.07 Cr.
CP 6.62% ₹ 424.61 Cr.
Others 4.47% -

Top Debt Holdings of Nippon India Banking & PSU Debt Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 10.69% ₹ 684.58 Cr.
Bond - Rural Electrification Corporation Limited 9.30% ₹ 597.05 Cr.
Bond - National Bank for Agriculture & Rural Development 7.94% ₹ 509.36 Cr.
Bond - National Housing Bank 6.24% ₹ 400.00 Cr.
Bond - Small Industries Development Bank Of India 5.96% ₹ 382.20 Cr.
Others 59.87%

Other Holdings

Holding TypeHolding Percentage
Net Receivables 3.22%
TREPS 1.17%
Interest Rate Swaps 0.06%
Margin 0.02%