|Min SIP Amount||₹100|
|NAV||₹15.66 (12 Aug 2020)|
|Fund Started||15 May 2015|
|Fund Size||₹5,424 Cr|
|ICICI Bank Ltd.||Financial||Bonds||4.2%|
|National Thermal Power Corp. Ltd.||Energy||NCD||4.2%|
|Indian Railway Finance Corpn. Ltd.||Financial||Debenture||4.2%|
|Axis Bank Ltd.||Financial||Bonds/Deb||3.7%|
|National Bank For Agriculture & Rural Development||Financial||Debenture||3.5%|
|State Bank of India||Financial||NCD||3.1%|
|Axis Bank Ltd.||Financial||Debenture||3.1%|
|Power Finance Corpn. Ltd.||Financial||Debenture||2.9%|
|Small Industries Devp. Bank of India Ltd.||Financial||Debenture||2.9%|
Nippon India Banking & PSU Debt Fund Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹5,424 Cr and the Latest NAV as of 12 Aug 2020 is ₹15.66.
The Nippon India Banking & PSU Debt Fund Growth is rated Moderately Low risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000.
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 (PFIs).However, there is no assurance that the investment objective of the Scheme will be achieved
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.