6M
1Y
3Y
5Y
All
Fund Details
Nippon India Banking & PSU Debt Fund Dividend Monthly
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.79% |
| NAV | ₹10.57 (21 Jan 2021) |
|---|---|
| Fund Started | 15 May 2015 |
| Fund Size | ₹7,210 Cr |
Returns
1Y
3Y*
5Y*
Since inception*
Fund Returns
10.2%
9.1%
8.6%
8.7%
Category Average
9.1%
8.6%
8.3%
-
Rank Within Category
2
4
4
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount₹100
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
₹0
with 10.2% returns per annum
Comparison
Data not available
Pros
1. Risk-adjusted returns are higher compared to the category
2. 1Y Returns are higher than the benchmark
3. 3Y Returns are higher than the benchmark
4. Exit load is zero
5. Risk-adjusted returns are higher compared to the category
6. 1Y Returns are higher than the category average returns
7. 3Y Returns are higher than the category average returns
8. 5Y Returns are higher than the category average returns
Cons
1. Risk is higher compared to the benchmark
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 7.3% |
| Food Corporation of India | FMCG | Debenture | 6.7% |
| Bharat Sanchar Nigam Ltd | Communication | NCD | 6.2% |
| Power Finance Corpn. Ltd. | Financial | NCD | 4.9% |
| GOI | Sovereign | GOI Sec | 4.2% |
| ICICI Bank Ltd. | Financial | Bonds | 3.3% |
| National Thermal Power Corp. Ltd. | Energy | NCD | 3.2% |
| Axis Bank Ltd. | Financial | Bonds/Deb | 2.9% |
| Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 2.8% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 2.8% |
See All
Fund Managers
Prashant R Pimple
Education
Mr. Pimple is a MBA (Finance) and CTM.
Experience
Prior to joining Reliance Mutual Fund he has worked with Fidelity Mutual Fund, ICICI Bank, Bank of Bahrain & Kuwait, Saraswat Co-op Bank Ltd. and SIDBI.
Funds Managed
Anju Chhajer
Education
Ms. Chhajer is a B.Com (H) and a Chartered Accountant.
Experience
Prior to joining Reliance Mutual Fund Ltd. as a fund manager, she has worked with National Insurance Company as a Money Maker Instruments and D.C Dharewa & Co.
Funds Managed
Vivek Sharma
Education
Mr. Vivek Sharma is a B.E (Electronics) and PGDM (Finance).
Experience
He has been associated with Reliance AMC since 2006.
Funds Managed
Kinjal Desai
Education
Ms. Desai is MSc(Economics)
Experience
Associate Equity Investments at RNAM Assisting lead Analyst in Equity Research, idea generation and sector Monitoring., assisting Fund Managers in Stock Selection and monitoring of overseas investments.
Funds Managed
Hardik Shah
Education
Mr. Shah has done B.E. Information Technology and MBA Finance.
Experience
Prior to joining Nippon India Mutual Fund, he has worked with Quantum Asset Management Company and ICAP India (P) Ltd.
Funds Managed
Nippon India Banking & PSU Debt Fund Dividend Monthly Details
Nippon India Banking & PSU Debt Fund Dividend Monthly 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 Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹7,210 Cr and the Latest NAV as of 21 Jan 2021 is ₹10.57.
The Nippon India Banking & PSU Debt Fund Dividend Monthly 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
NANippon 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,
Website
www.karvymfs.comSimilar Funds
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