Item: Nippon India Banking & PSU Debt Fund Direct Growth
Rating: 5
Author: Morningstar

Home › Mutual Funds › Nippon India Mutual Fund › Nippon India Banking & PSU Debt Fund Direct Growth

21.357 (-0.077%)

NAV on April 25, 2025

Category Fixed income:
Banking & PSU

Interest rate sensitivity
Credit quality

Moderate Sensitivity High Quality

Total Assets 5,702 cr

Turnover Ratio 162.17%

Expense Ratio 0.38%

Exit Load -

Returns

1M: 1.99%
1Y: 9.93%
3M: 3.43%
3Y: 7.42%
6M: 5.13%
5Y: 7.11%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Vivek Sharma (Since almost 5 years) Pranay Sinha (Since about 4 years) Kinjal Desai (Since almost 7 years)

ISIN INF204KA1U53

Fund Family Nippon India

Launch Date May 15, 2015

Benchmark CRISIL Banking and PSU Debt A-II TR INR

Avg. Maturity 5.93 years

Yield To Maturity (%) 7.20%

INVESTMENT 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 can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

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Top Rated
Top Performing

Top Banking & Psu Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
DSP Banking & PSU Debt Fund Direct Growth	24.803	10.37%	3,534 cr	0.33%	Average
Edelweiss Banking and PSU Debt Fund Direct Plan Growth	25.309	10.11%	264 cr	0.39%	Above Average
Nippon India Banking & PSU Debt Fund Direct Growth	21.357	9.93%	5,702 cr	0.38%	Average
Kotak Banking and PSU Debt Direct Growth	67.515	9.90%	6,011 cr	0.39%	Below Average
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth	377.278	9.83%	8,588 cr	0.39%	Below Average
HDFC Banking & PSU Debt Fund Direct Plan Growth Option	23.745	9.80%	6,247 cr	0.39%	Below Average
SBI Banking and PSU Fund Direct Plan Growth	3280.944	9.77%	3,835 cr	0.39%	Average

Best Banking & Psu Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
DSP Banking & PSU Debt Fund Direct Growth	24.803	10.37%	3,534 cr	0.33%	Average
Edelweiss Banking and PSU Debt Fund Direct Plan Growth	25.309	10.11%	264 cr	0.39%	Above Average
Invesco India Banking & PSU Fund Direct Growth	2405.862	9.94%	102 cr	0.25%	Above Average
LIC MF Banking & PSU Fund Direct Plan Growth Option	37.194	9.94%	1,702 cr	0.28%	Below Average
Nippon India Banking & PSU Debt Fund Direct Growth	21.357	9.93%	5,702 cr	0.38%	Average
Baroda BNP Paribas Banking and PSU Bond Fund Direct Growth	12.803	9.91%	26 cr	0.39%	Above Average
Kotak Banking and PSU Debt Direct Growth	67.515	9.90%	6,011 cr	0.39%	Below Average