Item: Nippon India Banking & PSU Debt Fund Direct Quarterly Reinvestment of Income Dis cum cptl wdrl
Rating: 4
Author: Morningstar

Home › Mutual Funds › Nippon India Mutual Fund › Nippon India Banking & PSU Debt Fund Direct Quarterly Reinvestment of Income Dis cum cptl wdrl

10.907 (0.002%)

NAV on February 21, 2025

Category Fixed income:
Banking & PSU

Interest rate sensitivity
Credit quality

Moderate Sensitivity High Quality

Total Assets 5,721 cr

Turnover Ratio 162.17%

Expense Ratio 0.38%

Exit Load -

Returns

1M: 0.59%
1Y: 7.77%
3M: 1.72%
3Y: 6.38%
6M: 3.63%
5Y: 6.52%

Min Investment 5,000

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ADDITIONAL INFO

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

ISIN INF204KA1V03

Fund Family Nippon India

Launch Date May 15, 2015

Benchmark CRISIL Banking and PSU Debt A-II TR INR

Avg. Maturity 5.18 years

Yield To Maturity (%) 7.34%

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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

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Top Rated
Top Performing

Top Banking & Psu Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Kotak Banking and PSU Debt Direct Growth	65.752	8.15%	5,655 cr	0.39%	Average
Edelweiss Banking and PSU Debt Fund Direct Plan Growth	24.624	8.08%	270 cr	0.39%	Above Average
ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth	32.961	8.07%	9,980 cr	0.39%	Low
SBI Banking and PSU Fund Direct Plan Growth	3193.643	8.00%	3,787 cr	0.39%	Average
DSP Banking & PSU Debt Fund Direct Growth	24.050	8.00%	2,978 cr	0.32%	Average
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Growth	367.225	8.00%	9,478 cr	0.39%	Below Average
HDFC Banking & PSU Debt Fund Direct Plan Growth Option	23.111	7.99%	5,865 cr	0.39%	Below Average