VS
Vivek SharmaFund Manager Since 25 Jun 2020
Fixed IncomeBanking & PSU
Nippon India Banking & PSU Debt Fund Direct Growth
3Y Annualised
7.42%
-0.08% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
1.99%
-0.08% 1D
Benchmark
SBI Nifty 10 yr Benchmark G-Sec ETF
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
9 years 8 months
NIFTY 50
5 years 6 months
FD
9 years 7 months
Fund info
Fund size
₹5702.05 Cr
Min. SIP amount
₹100
Min. Lumpsum amount
₹5000
Exit load
0%
NIL. Exit load if charged, by NIMF to the unit holders shall be credited to the scheme immediately net of Goods & Service Tax, if any.
Risk Profile
Moderate Risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
ICICI Prudential Banking and PSU Debt Fund Bonus
2.46%
2nd
ICICI Prudential Banking and PSU Debt Fund Retail Plan Growth
2.42%
3rd
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl
2.36%
4th
Aditya Birla Sun Life Banking & PSU Debt Fund Retail Monthly Payout Inc Dist cum Cap Wdrl
2.33%
5th
Aditya Birla Sun Life Banking & PSU Debt Fund Monthly Payout Inc Dist cum Cap Wdrl Regular Plan
2.33%
28th
Nippon India Banking & PSU Debt Fund Direct Growth
1.99%
Fund Managers
PS
Pranay SinhaFund Manager Since 31 Mar 2021
KD
Kinjal DesaiFund Manager Since 25 May 2018
About Nippon India Banking & PSU Debt Fund Direct Growth
Nippon India Banking & PSU Debt Fund Direct Growth is a Fixed Income mutual fund scheme from Nippon Life India Asset Management Ltd. This fund has been in existence for 9 years, having been launched on 2015-05-15. Nippon India Banking & PSU Debt Fund Direct Growth has ₹5702.05 Cr worth of assets under management (AUM) as of Sun Apr 27 2025. The latest Net Asset Value (NAV) of Nippon India Banking & PSU Debt Fund Direct Growth as of Fri Apr 25 2025 is ₹21.3569. The fund has an expense ratio of 0.38%, which is medium comparable to most other Fixed Income funds.
Nippon India Banking & PSU Debt Fund Direct Growth returns for the last 1 year are 9.93%. Since launch, it has delivered 7.93% average annual returns.
The Nippon India Banking & PSU Debt Fund Direct Growth has the majority of its money invested in null sectors.
Top 5 Holdings of Nippon India Banking & PSU Debt Fund Direct Growth.
- 7.1% Govt Stock 2034: 6.15%
- 6.79% Govt Stock 2034: 4.99%
- National Bank For Agriculture And Rural Development: 3.88%
- National Housing Bank: 3.09%
- 7.23% Govt Stock 2039: 2.49%
AMC Information
| Name | Nippon Life India Asset Management Ltd |
|---|---|
| Founding Date | 2015-05-15 |
| customercare@nipponindiaim.in | |
| Phone | 022-6808 7000/18602660111 |
| Website | https://mf.nipponindiaim.com/ |
| Address | Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W) |
Tax Implications of Nippon India Banking & PSU Debt Fund Direct Growth
| Short Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
|---|---|
| Long Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
Similar Funds from Nippon Life India Asset Management Ltd
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expense ratio
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Nippon India Equity Savings Direct Growth
AllocationEquity Savings
3Y CAGR
9.42%
expense ratio
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fund size
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Nippon India Equity Savings Growth
AllocationEquity Savings
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expense ratio
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fund size
₹691.68 Cr
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