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Nippon India Banking and PSU Fund Direct Growth
+6.80%
3Y annualised
+0.02% 1D
NAV: 01 Jun '26
₹22.36
Min. for SIP
₹100
Fund size (AUM)
₹5,163.99 Cr
Expense ratio
0.39%
Rating
2
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 1 year | ₹60,000 | ₹60,855 | +1.43% | |
| 3 years | ₹1,80,000 | ₹1,96,832 | +9.35% | |
| 5 years | ₹3,00,000 | ₹3,51,497 | +17.17% | |
| 10 years | ₹6,00,000 | ₹8,51,243 | +41.87% |
Holdings (114)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Repo | Unspecified | Repo | 3.65% |
| NATIONAL HOUSING BANK 7.59 BD 08SP27 FVRS1LAC | Financial | Non Convertible Debenture | 3.50% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR F24 7.68 BD 30AP29 FVRS1LAC | Financial | Debenture | 3.39% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC | Financial | Bonds | 2.99% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR II 7.47 BD 05SP29 FVRS1LAC | Financial | Bonds/NCDs | 2.50% |
| RURAL ELECTRIFICATION CORPORATION LIMITED 7.77 SR 220-A BD 31MR28 FVRS1LAC | Financial | Non Convertible Debenture | 2.43% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR III 7.34 BD 26FB29 FVRS1LAC | Financial | Bonds | 2.40% |
| INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 175 7.57 BD 18AP29 FVRS1LAC | Financial | Non Convertible Debenture | 2.33% |
| STATE DEVELOPMENT LOAN 22495 TN 27NV29 7.17 FV RS 100 | Unspecified | State Development Loan | 1.98% |
| UNION BANK OF INDIA SR XXXVI-B 7.80 NCD 29NV32 FVRS1CR | Financial | Non Convertible Debenture | 1.97% |
| 7.7% Nuclear Power Corporation Of India Limited | Energy & Utilities | Non Convertible Debenture | 1.95% |
| POWER FINANCE CORPORATION LTD. SR BS227B 7.77 BD 15AP28 FVRS1LAC | Financial | Debenture | 1.95% |
| BHARTI TELECOM LIMITED SR XXX 7.85 NCD 20MR29 FVRS1LAC | Technology | Non Convertible Debenture | 1.93% |
| NATIONAL HOUSING BANK 7.35 BD 02JN32 FVRS1LAC | Financial | Bonds | 1.91% |
| POWER GRID CORPORATION OF INDIA LIMITED SR LXXXIII 7.02 BD 12DC35 FVRS1LAC | Energy & Utilities | Bonds | 1.89% |
| BANK OF BARODA CD 03FEB27 | Financial | Certificate of Deposit | 1.84% |
| POWER GRID CORPORATION OF INDIA LIMITED SR LXXII 7.56 BD 31MR33 FVRS1LAC | Energy & Utilities | Non Convertible Debenture | 1.76% |
| RURAL ELECTRIFICATION CORPORATION LIMITED SERIES GOI-V 8.54 BD 15NV28 FVRS10LAC | Financial | Debenture | 1.69% |
| POWER FINANCE CORPORATION LTD. TRI SRV CATIII&IV BR NCD 22JN31 FVRS1000 | Financial | Floating Rate Debenture | 1.54% |
| STATE DEVELOPMENT LOAN 37344 AP 08AP38 7.96 FV RS 100 | Financial | State Development Loan | 1.47% |
| EXPORT IMPORT BANK OF INDIA SR Z01 7.45 BD 12AP28 FVRS1LAC | Financial | Debenture | 1.46% |
| REC LIMITED SR 248A 6.52 BD 31JN28 FVRS1LAC | Financial | Debenture | 1.43% |
| STATE DEVELOPMENT LOAN 37024 GUJ 04FB32 7.17 FV RS 100 | Industrials | State Development Loan | 1.43% |
| ICICI BANK LIMITED SR DJU21LB 6.45 BD 15JU28 FVRS10LAC | Financial | Debenture | 1.42% |
| INDIAN RAILWAY FINANCE CORPORATION LIMITED SERIES 143 7.55 LOA 06NV29 FVRS10LAC | Financial | Debenture | 1.36% |
| NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT SR NABFID2026-3 6.67 BD 30MY30 FVRS1LAC | Financial | Debenture | 1.31% |
| POWER GRID CORPORATION OF INDIA LIMITED SR LXX 7.40 BD 17FB33 FVRS1LAC | Energy & Utilities | Debenture | 1.29% |
| INDIAN RAILWAY FINANCE CORPORATION LIMITED SERIES 129 8.45 LOA 04DC28 FVRS10LAC | Financial | Debenture | 1.24% |
| Net Current Assets | Unspecified | Net Current Assets | 1.22% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR V 7.83 BD 24NV28 FVRS1LAC | Financial | Debenture | 1.17% |
| HDFC BANK LIMITED SR 2 7.86 BD 02DC32 FVRS1CR | Financial | Debenture | 1.16% |
| HDFC BANK LIMITED SR 2 7.65 BD 20MR34 FVRS1LAC | Financial | Debenture | 1.15% |
| REC LIMITED SR 216A 7.55 BD 31MR28 FVRS10LAC | Financial | Debenture | 0.97% |
| EXPORT IMPORT BANK OF INDIA SR Z02 7.40 BD 14MR29 FVRS1LAC | Financial | Non Convertible Debenture | 0.97% |
| REC LIMITED SR 234-B 7.58 BD 31MY29 FVRS1LAC | Financial | Debenture | 0.97% |
| NATIONAL HOUSING BANK 7.59 BD 14JL27 FVRS1LAC | Financial | Debenture | 0.97% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR VIII 7.49 BD 11JU29 FVRS1LAC | Financial | Bonds | 0.96% |
| STATE DEVELOPMENT LOAN 36977 TN 21JN33 7.31 FV RS 100 | Unspecified | State Development Loan | 0.96% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR V 7.22 BD 10AP29 FVRS1LAC | Financial | Debenture | 0.96% |
| NATIONAL HOUSING BANK 7.20 BD 03OT31 FVRS1LAC | Financial | Bonds | 0.95% |
| SHIVSHAKTI SECURITISATION TRUST SS TRUST PTC 15SEPT25 | Unspecified | Securitised Debt | 0.95% |
| SIDDHIVINAYAK SECURITISATION TRUST SD TRUST PTC 15SEPT25 | Unspecified | Securitised Debt | 0.95% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR II 6.74 BD 10JN29 FVRS1LAC | Financial | Debenture | 0.95% |
| STATE DEVELOPMENT LOAN 37102 TN 18FB32 7.12 FV RS 100 | Unspecified | State Development Loan | 0.95% |
| ICICI BANK LIMITED SR DNV21LB 6.67 BD 26NV28 FVRS10LAC | Financial | Debenture | 0.94% |
| POWER FINANCE CORPORATION LIMITED SR 251B 6.59 BD 15OT30 FVRS1LAC | Financial | Debenture | 0.93% |
| GOVERNMENT OF INDIA 36574 GOI 06OT35 6.48 FV RS 100 | Entities | GOI Securities | 0.93% |
| EXPORT IMPORT BANK OF INDIA 363D CP 25JAN27 | Financial | Commercial Paper | 0.92% |
| CANARA BANK CD 04MAR27 | Financial | Certificate of Deposit | 0.91% |
| HDFC BANK LIMITED CD 12MAR27 | Financial | Certificate of Deposit | 0.91% |
| INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 192 BD 01DC35 FVRS1LAC | Financial | Bonds | 0.82% |
| STATE DEVELOPMENT LOAN 22949 KER 08AP30 7.91 FV RS 100 | Unspecified | State Development Loan | 0.79% |
| STATE DEVELOPMENT LOAN 37348 MH 08AP39 7.91 FV RS 100 | Unspecified | State Development Loan | 0.78% |
| KOTAK MAHINDRA PRIME LIMITED 7.781 NCD 17SP29 FVRS1LAC | Financial | Non Convertible Debenture | 0.77% |
| POONAWALLA FINCORP LIMITED SR K2 7.8788 NCD 12JU28 FVRS1LAC | Financial | Non Convertible Debenture | 0.77% |
| STATE DEVELOPMENT LOAN 37131 MH 25FB30 6.77 FV RS 100 | Unspecified | State Development Loan | 0.76% |
| STATE DEVELOPMENT LOAN 35560 KAR 12FB33 7.11 FV RS 100 | Unspecified | State Development Loan | 0.75% |
| GOVERNMENT OF INDIA 36185 GOI 07JL40 6.68 FV RS 100 | Entities | GOI Securities | 0.73% |
| GOVERNMENT OF INDIA 36204 GOI 14JL32 6.28 FV RS 100 | Entities | GOI Securities | 0.66% |
| STATE DEVELOPMENT LOAN 22778 AP 04MR30 7.06 FV RS 100 | Financial | State Development Loan | 0.58% |
| INDIAN RAILWAY FINANCE CORPORATION LIMITED SERIES 135 8.23 LOA 29MR29 FVRS10LAC | Financial | Debenture | 0.49% |
| NATIONAL HIGHWAYS AUTHORITY OF INDIA SR V 7.70 BD 13SP29 FVRS10LAC | Industrials | Non Convertible Debenture | 0.49% |
| HDFC BANK LIMITED SR AA009 8 NCD 27JL32 FVRS10LAC | Financial | Debenture | 0.49% |
| INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 173 7.68 BD 24NV26 FVRS1LAC | Financial | Debenture | 0.49% |
| STATE DEVELOPMENT LOAN 33816 GUJ 10JN32 7.66 FV RS 100 | Industrials | State Development Loan | 0.49% |
| INDIAN RAILWAY FINANCE CORPORATION LIMITED SERIES 146 7.08 LOA 28FB30 FVRS10LAC | Financial | Debenture | 0.48% |
| POWER FINANCE CORPORATION LTD. SR BS221B 7.59 BD 17JN28 FVRS10LAC | Financial | Debenture | 0.48% |
| POWER FINANCE CORPORATION LTD. SR 223 7.64 BD 22FB33 FVRS1LAC | Financial | Debenture | 0.48% |
| POWER FINANCE CORPORATION LIMITED SR 237A 7.60 BD 13AP29 FVRS1LAC | Financial | Non Convertible Debenture | 0.48% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 24H 7.62 BD 10MY29 FVRS1LAC | Financial | Debenture | 0.48% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25B 7.64 BD 06DC29 FVRS1LAC | Financial | Bonds | 0.48% |
| HDB FINANCIAL SERVICES LIMITED SR 218 7.9611 NCD 05JN28 FVRS1LAC | Financial | Non Convertible Debenture | 0.48% |
| ADITYA BIRLA FINANCE LIMITED SR I2 7.92 NCD 27DC27 FVRS10LAC | Financial | Non Convertible Debenture | 0.48% |
| EXPORT IMPORT BANK OF INDIA SR AA01 7.14 BD 13DC29 FVRS1LAC | Financial | Bonds | 0.48% |
| POWER FINANCE CORPORATION LIMITED SR 248B 7.45 NCD 15JL28 FVRS1LAC | Financial | Bonds | 0.48% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 26D 7.01 BD 16MR29 FVRS1LAC | Financial | Bonds | 0.48% |
| STATE DEVELOPMENT LOAN 35737 TN 19MR33 7.15 FV RS 100 | Unspecified | State Development Loan | 0.47% |
| L&T METRO RAIL (HYDERABAD) LIMITED 7.55 NCD 28AP35 FVRS1LAC | Industrials | Non Convertible Debenture | 0.47% |
| NTPC LIMITED SR 73 6.43 LOA 27JN31 FVRS10LAC | Energy & Utilities | Debenture | 0.46% |
| NATIONAL HIGHWAYS INFRA TRUST SR I STRPP A NCD 30JN34 FVRS1LAC | Industrials | Debenture | 0.40% |
| NHPC LIMITED SR Y STRPP-D 7.50 LOA 07OT28 FVRS2LAC | Energy & Utilities | Non Convertible Debenture | 0.39% |
| NUMALIGARH REFINERY LTD SR 1 7.34 NCD 23SP35 FVRS1LAC | Energy & Utilities | Non Convertible Debenture | 0.38% |
| Others Class A2 AIF | Unspecified | Alternative Investment Fund | 0.33% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR-2 8.2 BD 09MR28 FVRS10LAC | Financial | Non Convertible Debenture | 0.29% |
| POWER GRID CORPORATION OF INDIA LIMITED SR LXIV STRP B 7.49 LOA 25OT29 FVRS3LAC | Energy & Utilities | Debenture | 0.29% |
| HDFC BANK LIMITED SR R005 7.78 NCD 27MR27 FVRS1CR | Financial | Non Convertible Debenture | 0.29% |
| STATE DEVELOPMENT LOAN 35581 KAR 20AG34 7.13 FV RS 100 | Unspecified | State Development Loan | 0.28% |
| SBI GENERAL INSURANCE COMPANY LIMITED 8.35 NCD 21FB34 FVRS1LAC | Financial | Non Convertible Debenture | 0.24% |
| ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED SR 1 7.69 NCD 28NV35 FVRS1LAC | Financial | Non Convertible Debenture | 0.24% |
| Power Grid Corpn. Of India Ltd. 8.40 27/05/2029 | Energy & Utilities | Debenture | 0.20% |
| RURAL ELECTRIFICATION CORPORATION LIMITED SR-162 8.55 BD 09AG28 FVRS10LAC | Financial | Debenture | 0.20% |
| STATE DEVELOPMENT LOAN 20760 KER 08AG30 8.48 FV RS 100 | Unspecified | State Development Loan | 0.20% |
| STATE DEVELOPMENT LOAN 22779 AP 04MR31 7.15 FV RS 100 | Financial | State Development Loan | 0.19% |
| STATE DEVELOPMENT LOAN 33604 KAR 08NV33 7.7 FV RS 100 | Unspecified | State Development Loan | 0.19% |
| REC LIMITED SR 236-B 7.56 BD 31AG27 FVRS1LAC | Financial | Debenture | 0.19% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25C 7.44 BD 24FB28 FVRS1LAC | Financial | Bonds | 0.19% |
| STATE DEVELOPMENT LOAN 33897 MH 31JN36 7.63 FV RS 100 | Unspecified | State Development Loan | 0.17% |
| Power Grid Corporation of India Ltd Debenture 7.36 18/10/2026 | Energy & Utilities | Debenture | 0.10% |
| LIC HOUSING FINANCE LIMITED TR- 359 7.95 LOA 29JN28 FVRS10LAC | Financial | Debenture | 0.10% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR PMAY-G PB-2 8.22 NCD 13DC28 FVRS10LAC | Financial | Debenture | 0.10% |
| REC LIMITED SR 227-B 7.71 BD 31OT33 FVRS1LAC | Financial | Debenture | 0.10% |
| STATE DEVELOPMENT LOAN 33934 MH 07FB36 7.49 FV RS 100 | Unspecified | State Development Loan | 0.10% |
| TATA CAPITAL HOUSING FINANCE LIMITED SR D 7.7120 NCD 14JN28 FVRS1LAC | Financial | Debenture | 0.10% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR V 7.51 BD 12JU28 FVRS1LAC | Financial | Bonds | 0.10% |
| STATE DEVELOPMENT LOAN 35770 KAR 26MR32 7.04 FV RS 100 | Unspecified | State Development Loan | 0.08% |
| GOVERNMENT OF INDIA 33618 GOI 13NV30 7.32 FV RS 100 | Entities | GOI Securities | 0.06% |
| STATE DEVELOPMENT LOAN 35530 MH 05FB36 7.12 FV RS 100 | Unspecified | State Development Loan | 0.06% |
| Others Mrgn Money | Unspecified | Margin Money | 0.04% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 23I 7.62 LOA 31JN28 FVRS1LAC | Financial | Debenture | 0.04% |
| GOVERNMENT OF INDIA 34539 GOI 03JU29 7.04 FV RS 100 | Entities | GOI Securities | 0.03% |
| CENTRAL GOVERNMENT LOAN 30814 GOI FRB 04OT28 FV RS 100 | Entities | GOI Securities | 0.02% |
| STATE DEVELOPMENT LOAN 34010 KAR 28FB34 7.44 FV RS 100 | Unspecified | State Development Loan | 0.01% |
| NATIONAL HIGHWAYS AUTHORITY OF INDIA SERIES VI 8.27 BD 28MR29 FVRS10LAC | Industrials | Debenture | 0.00% |
| NHPC LIMITED SERIES I 8.12 LOA 22MR29 FVRS10LAC | Energy & Utilities | Debenture | 0.00% |
See All
Minimum investments
Min. for 1st investment
₹5,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹100
Returns and rankings
Annualised returns
Absolute returns
| Name | 3Y | 5Y | 10Y | All |
|---|---|---|---|---|
| Fund returns | +6.8% | +6.1% | +7.4% | +7.5% |
| Category average (Debt Banking and PSU) | +7.3% | +5.7% | +7.1% | -- |
| Rank (Debt Banking and PSU) | 11 | 8 | 7 | -- |
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed as per your Income Tax slab.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
 | +5.36% | +7.31% | 472.91 | |
 | +4.33% | +7.15% | 9,144.35 | |
 | +5.13% | +7.00% | 1,206.43 | |
 | +4.06% | +6.74% | 12,530.68 | |
 | +4.31% | +6.74% | 12,107.72 | |
| Compare | ||||
Fund management
ASAmber SinghaniaMar 2026 - PresentView details
AS
Amber Singhania
Mar 2026 - Present
View details
PSPranay SinhaMar 2021 - PresentView details
PS
Pranay Sinha
Mar 2021 - Present
View details
KDKinjal DesaiMay 2018 - PresentView details
KD
Kinjal Desai
May 2018 - Present
View details
VSVivek SharmaJun 2020 - PresentView details
VS
Vivek Sharma
Jun 2020 - Present
View details
About Nippon India Banking and PSU Fund Direct Growth
Nippon India Banking and PSU Fund Direct Growth is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Amber Singhania is the Current Fund Manager of Nippon India Banking and PSU Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹7,49,710 Cr and the Latest NAV as of 01 Jun 2026 is ₹22.36.
The Nippon India Banking and PSU Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹5,000.
;
Investment Objective
The scheme seeks 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.
Fund benchmarkCRISIL Banking and PSU Debt A-II Index
Fund house
Rank (total assets)#4 in India
Total AUM₹7,49,710.38 Cr
Date of Incorporation30 Jun 1995
Launch Date30 Jun 1995
Address30th Floor, One Lodha PlaceSenapati Bapat Marg, Lower ParelMumbai Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,