|Min SIP Amount||Not Supported|
|NAV||₹12.37 (31 Jan 2018)|
|Fund Started||15 May 2015|
|Fund Size||₹7,210 Cr|
|Bharat Sanchar Nigam Ltd||Communication||NCD||6.0%|
|Food Corporation of India||FMCG||Debenture||5.9%|
|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%|
|Axis Bank Ltd.||Financial||Debenture||2.7%|
Nippon India Banking & PSU Debt Fund Bonus 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 Bonus fund.The fund currently has an Asset Under Management(AUM) of ₹7,210 Cr and the Latest NAV as of 31 Jan 2018 is ₹12.37.
The Nippon India Banking & PSU Debt Fund Bonus is rated Moderate risk. Minimum SIP Investment is set to 100.
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.