|Min SIP Amount||₹100|
|NAV||₹10.35 (26 Jul 2021)|
|Fund Started||15 May 2015|
|Fund Size||₹6,410 Cr|
|National Housing Bank||Financial||CP||6.2%|
|ICICI Bank Ltd.||Financial||Bonds||3.9%|
|Export-Import Bank Of India||Financial||CD||3.8%|
|National Bank For Agriculture & Rural Development||Financial||Debenture||2.9%|
|Bajaj Housing Finance Ltd.||Financial||NCD||2.8%|
|Small Industries Devp. Bank of India Ltd.||Financial||Debenture||2.7%|
|Small Industries Devp. Bank of India Ltd.||Financial||Debenture||2.4%|
|ICICI Prudential Life Insurance Company Ltd.||Financial||Debenture||2.3%|
|NIIF Infrastructure Finance Ltd.||Financial||NCD||2.3%|
Nippon India Banking & PSU Debt Fund Direct IDCW Weekly 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 Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹6,410 Cr and the Latest NAV as of 26 Jul 2021 is ₹10.35.
The Nippon India Banking & PSU Debt Fund Direct IDCW Weekly 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.