Nippon India Banking & PSU Debt Fund Direct IDCW Monthly

Debt
Banking and PSU
Moderate Risk
Payout
6.28%
3Y annualised
-0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 27 Jan 2023₹10.63
Min. SIP amount₹100
Rating3
Fund size₹3,978.74Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Banking and PSU
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.9%6.3%7.4%7.7%
Category average3.7%5.5%6.6%NA
Rank with in category1133NA
Understand terms

Holdings (70)

NameSectorInstrumentAssets
Oil & Natural Gas Corporation Ltd.EnergyDebenture5.5%
GOISovereignGOI Sec5.0%
ICICI Bank Ltd.
FinancialCD4.1%
Mahanagar Telephone Nigam Ltd.CommunicationNCD3.8%
Axis Bank Ltd.FinancialDebenture3.3%
National Housing Bank
FinancialDebenture3.1%
GOI
SovereignGOI Sec2.9%
GOISovereignGOI Sec2.9%
ICICI Bank Ltd.
FinancialAdditional Tier 2 Bo2.5%
HDFC Bank Ltd.
FinancialCD2.2%
See All

Expense ratio, exit load and tax

Expense ratio: 0.33%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹100

Fund management

Vivek Sharma
Jun 2020 - Present
View details

Education
Mr. Vivek Sharma is a B.E (Electronics) and PGDM (Finance).
Experience
He has been associated with Nippon India Mutual Fund since 2006.
Also manages these schemes

Pranay Sinha
Mar 2021 - Present
View details

Education
Mr. Sinha has done B.Tech in Aerospace Engg. from IIT Kharagpur and PGDM with Major in Finance from IIM Calcutta.
Experience
Prior to joining Nippon India Mutual Fund, he has worked with ABSLAMC, BNP Paribas Bank (October 2010 - August,2014) , Morgan Stanley Investment Management Pvt. Ltd. (March 2008 - October 2010) and ICICI Prudential Asset Management Co. Ltd. ( October 2005 - March 2008).
Also manages these schemes

Kinjal Desai
May 2018 - Present
View details

Education
Ms. Desai is MSc(Economics)
Experience
Associate Equity Investements at NAM India Assisting Lead Analyst in Equity Research, idea generation and sector Monitoring., assisting Fund Managers in stock selection and monitoring of overseas investments.
Also manages these schemes

Akshay Sharma
Dec 2022 - Present
View details

Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
4th Floor, Tower A, Peninsula Business Park,Ganapatrao Kadam Marg,Lower Parel (W), Mumbai 400013
Phone
022-68334800 / 18602660111
Launch Date
30 Jun 1995
Website
NA
Nippon India Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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