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

15.915 (-0.114%)

NAV on August 06, 2020

Category Fixed income:
Banking & PSU

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 5,211 cr

Turnover Ratio 358.69%

Expense Ratio 0.31%

Exit Load -

Returns

1M: 0.61%
1Y: 11.95%
3M: 4.14%
3Y: 9.08%
6M: 6.74%
5Y: 9.24%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Prashant Pimple (Since 6 months) Vivek Sharma (Since about 1 month) Kinjal Desai (Since about 2 years)

ISIN INF204KA1U53

Fund Family Nippon India

Launch Date May 15, 2015

Benchmark NIFTY Banking & PSU Debt TR INR

Avg. Maturity 3.27 years

Yield To Maturity (%) 5.28%

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 is no assurance 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.

View Factsheet

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 Growth	18.998	13.86%	259 cr	0.20%	Above Average
Nippon India Banking & PSU Debt Fund Direct Growth	15.915	11.95%	5,211 cr	0.31%	Average
DSP Banking & PSU Debt Fund Direct Growth	18.648	11.79%	3,143 cr	0.30%	Average
HDFC Banking & PSU Debt Fund Direct Plan Growth Option	17.653	11.55%	6,416 cr	0.36%	Above Average
Kotak Banking and PSU Debt Direct Growth	50.109	11.39%	7,146 cr	0.29%	Average
SBI Banking and PSU Fund Direct Plan Growth	2494.593	11.36%	7,433 cr	0.34%	Below Average
Aditya Birla Sun Life Banking & PSU Debt Fund Growth Direct Plan	281.559	11.25%	12,702 cr	0.35%	Average

Best Banking & Psu Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Edelweiss Banking and PSU Debt Fund Direct Growth	18.998	13.86%	259 cr	0.2%	Above Average
IDFC Banking & PSU Debt Fund Direct Growth	18.948	12.21%	16,967 cr	0.3%	Above Average
Nippon India Banking & PSU Debt Fund Direct Growth	15.915	11.95%	5,211 cr	0.31%	Average
DSP Banking & PSU Debt Fund Direct Growth	18.648	11.79%	3,143 cr	0.3%	Average
L&T Banking & PSU Debt fund Direct Plan Growth Option	19.543	11.62%	3,806 cr	0.21%	Average
HDFC Banking & PSU Debt Fund Direct Plan Growth Option	17.653	11.55%	6,416 cr	0.36%	Above Average
Kotak Banking and PSU Debt Direct Growth	50.109	11.39%	7,146 cr	0.29%	Average