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

21.653 (0.013%)

NAV on June 04, 2025

Category Fixed income:
Banking & PSU

Interest rate sensitivity
Credit quality

Moderate Sensitivity High Quality

Total Assets 5,852 cr

Turnover Ratio 162.17%

Expense Ratio 0.38%

Exit Load -

Returns

1M: 1.22%
1Y: 10.52%
3M: 4.30%
3Y: 8.18%
6M: 5.59%
5Y: 6.91%

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 about 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 5.37 years

Yield To Maturity (%) 6.87%

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
Edelweiss Banking and PSU Debt Fund Direct Plan Growth	25.672	10.74%	268 cr	0.39%	Above Average
DSP Banking & PSU Debt Fund Direct Growth	25.089	10.68%	3,869 cr	0.33%	Above Average
Nippon India Banking & PSU Debt Fund Direct Growth	21.653	10.52%	5,852 cr	0.38%	Average
Kotak Banking and PSU Debt Direct Growth	68.436	10.46%	6,214 cr	0.40%	Average
SBI Banking and PSU Fund Direct Plan Growth	3327.353	10.44%	3,983 cr	0.39%	Average
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth	382.439	10.38%	8,882 cr	0.39%	Below Average
HDFC Banking & PSU Debt Fund Direct Plan Growth Option	24.066	10.34%	6,049 cr	0.39%	Below Average