Fund Details
Nippon India Banking & PSU Debt Fund Direct Dividend Quarterly
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.30% |
| NAV | ₹10.59 (25 Jan 2021) |
|---|---|
| Fund Started | 15 May 2015 |
| Fund Size | ₹7,210 Cr |
Returns
Comparison
1. Lower expense ratio - 0.31%
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Bharat Sanchar Nigam Ltd | Communication | NCD | 6.0% |
| Food Corporation of India | FMCG | Debenture | 5.9% |
| GOI | Sovereign | GOI Sec | 5.1% |
| Power Finance Corpn. Ltd. | Financial | NCD | 4.8% |
| Export-Import Bank Of India | Financial | CD | 3.4% |
| ICICI Bank Ltd. | Financial | Bonds | 3.2% |
| National Thermal Power Corp. Ltd. | Energy | NCD | 3.1% |
| Axis Bank Ltd. | Financial | Bonds/Deb | 2.8% |
| GOI | Sovereign | GOI Sec | 2.8% |
| Axis Bank Ltd. | Financial | Debenture | 2.7% |
Fund Managers
Nippon India Banking & PSU Debt Fund Direct Dividend Quarterly Details
Nippon India Banking & PSU Debt Fund Direct Dividend Quarterly is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 15 May 2015. Anju Chajjer, Jahnvee Shah, Vivek Sharma is the Current Fund Manager of Nippon India Banking & PSU Debt Fund Direct Dividend Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹7,210 Cr and the Latest NAV as of 25 Jan 2021 is ₹10.59.
The Nippon India Banking & PSU Debt Fund Direct Dividend Quarterly is rated Moderate risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000.
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.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
