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Nippon India Banking & PSU Debt Fund Direct IDCW Quarterly0.00%

5.29%
1 Year Return
Debt
Banking and PSU
5.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Banking & PSU Debt Fund Direct IDCW Quarterly

RiskModerate
Min SIP Amount₹100
Expense Ratio0.33%
NAV₹10.62 (26 Jul 2021)
Fund Started15 May 2015
Fund Size6,410 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
5.3%
9.5%
8.4%
8.7%
Category Average
4.4%
8.4%
7.7%
-
Rank Within Category
2
3
3
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount100
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 5.3% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.33%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
Cons
Found nothing so far.

Top Holdings

NameSectorInstrument% Assets
National Housing BankFinancialCP6.2%
ICICI Bank Ltd.FinancialBonds3.9%
Export-Import Bank Of IndiaFinancialCD3.8%
NTPC Ltd.EnergyNCD3.5%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture2.9%
Bajaj Housing Finance Ltd.FinancialNCD2.8%
Small Industries Devp. Bank of India Ltd.FinancialDebenture2.7%
Small Industries Devp. Bank of India Ltd.FinancialDebenture2.4%
ICICI Prudential Life Insurance Company Ltd.FinancialDebenture2.3%
NIIF Infrastructure Finance Ltd.FinancialNCD2.3%
See All

Fund Managers

Prashant R Pimple
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Anju Chhajer
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Vivek Sharma
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Pranay Sinha
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Kinjal Desai
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Hardik Shah
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Nippon India Banking & PSU Debt Fund Direct IDCW Quarterly Details

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 ₹6,410 Cr and the Latest NAV as of 26 Jul 2021 is ₹10.62.

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.

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.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
Min for Second Investment
Nil
Exit Load

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About Nippon India Mutual Fund

Address
Corporate Office : Reliance Centre, 7th Floor South Wing, OFf Western Express Highway, Santacruz(E) Mumbai-400055
Phone
022-33031000/30301111
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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