Risk | Moderate |
---|---|
Min SIP Amount | ₹100 |
Expense Ratio | 0.33% |
NAV | ₹10.68 (22 Apr 2021) |
---|---|
Fund Started | 15 May 2015 |
Fund Size | ₹6,636 Cr |
Name | Sector | Instrument | % Assets |
---|---|---|---|
ICICI Bank Ltd. | Financial | Bonds | 3.4% |
Bharat Petroleum Corpn. Ltd. | Energy | CP | 1.4% |
Housing Development Finance Corpn. Ltd. | Financial | Debenture | 0.9% |
Housing Development Finance Corpn. Ltd. | Financial | NCD | 0.8% |
Bank Of Baroda | Financial | CD | 0.7% |
Hindustan Petroleum Corpn. Ltd. | Energy | Debenture | 0.4% |
Housing Development Finance Corpn. Ltd. | Financial | CP | 0.4% |
Bharat Petroleum Corpn. Ltd. | Energy | Debenture | 0.3% |
Nippon India Banking & PSU Debt Fund Direct IDCW 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 IDCW Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹6,636 Cr and the Latest NAV as of 22 Apr 2021 is ₹10.68.
The Nippon India Banking & PSU Debt Fund Direct IDCW Quarterly is rated Moderate risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.