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

21.611 (-0.060%)

NAV on June 25, 2025

Category Fixed income:
Banking & PSU

Interest rate sensitivity
Credit quality

Moderate Sensitivity High Quality

Total Assets 5,931 cr

Turnover Ratio 162.17%

Expense Ratio 0.38%

Exit Load -

Returns

1M: -0.04%
1Y: 9.55%
3M: 3.20%
3Y: 8.03%
6M: 5.30%
5Y: 6.57%

Min Investment 5,000

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Vivek Sharma (Since about 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 5.22 years

Yield To Maturity (%) 6.69%

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.

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 Plan Growth	25.614	9.82%	270 cr	0.39%	Above Average
SBI Banking and PSU Fund Direct Plan Growth	3323.416	9.56%	4,074 cr	0.39%	Average
Nippon India Banking & PSU Debt Fund Direct Growth	21.611	9.55%	5,931 cr	0.38%	Average
Kotak Banking and PSU Debt Direct Growth	68.351	9.52%	6,198 cr	0.40%	Average
HDFC Banking & PSU Debt Fund Direct Plan Growth Option	24.022	9.44%	6,114 cr	0.39%	Below Average
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth	381.601	9.40%	9,130 cr	0.39%	Below Average
Franklin India Banking & PSU Debt Fund Direct Growth	23.500	9.22%	546 cr	0.18%	Below Average