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

18.836 (-0.031%)

NAV on December 01, 2023

Category Fixed income:
Banking & PSU

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 5,296 cr

Turnover Ratio 168.28%

Expense Ratio 0.36%

Exit Load -

Returns

1M: 0.62%
1Y: 6.83%
3M: 1.28%
3Y: 4.91%
6M: 2.64%
5Y: 7.55%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Vivek Sharma (Since over 3 years) Pranay Sinha (Since over 2 years) Kinjal Desai (Since over 5 years) Akshay Sharma (Since about 1 year)

ISIN INF204KA1U53

Fund Family Nippon India

Launch Date May 15, 2015

Benchmark NIFTY Banking & PSU Debt TR INR

Avg. Maturity 4.06 years

Yield To Maturity (%) 7.72%

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
ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth	29.945	7.38%	8,304 cr	0.39%	Below Average
HDFC Banking & PSU Debt Fund Direct Plan Growth Option	20.967	6.92%	6,411 cr	0.39%	Below Average
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth	333.321	6.86%	8,145 cr	0.36%	Average
Nippon India Banking & PSU Debt Fund Direct Growth	18.836	6.83%	5,296 cr	0.36%	Average
Kotak Banking and PSU Debt Direct Growth	59.589	6.80%	6,028 cr	0.37%	Average
PGIM India Banking and PSU Debt Fund Direct Plan Growth	22.344	6.80%	45 cr	0.18%	Below Average
Edelweiss Banking and PSU Debt Fund Direct Plan Growth	22.264	6.18%	330 cr	0.39%	High

Best Banking & Psu Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth	29.945	7.38%	8,304 cr	0.39%	Below Average
HDFC Banking & PSU Debt Fund Direct Plan Growth Option	20.967	6.92%	6,411 cr	0.39%	Below Average
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth	333.321	6.86%	8,145 cr	0.36%	Average
Tata Banking & PSU Debt Fund Direct Growth	12.927	6.84%	253 cr	0.25%	Above Average
Kotak Banking and PSU Debt Direct Growth	59.589	6.80%	6,028 cr	0.37%	Average
Franklin India Banking & PSU Debt Fund Direct Growth	20.599	6.80%	655 cr	0.15%	Average
UTI Banking & PSU Fund Direct Plan Growth	19.584	6.44%	949 cr	0.24%	High