1M
6M
1Y
3Y
5Y
All
| NAV: 22 Oct 2021 | ₹10.31 |
| Min. SIP amount | NA |
| Rating | 5star |
| Fund size | ₹6,697.21 Cr |
Understand terms
Annualised returns
Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Category: Debt Banking and PSU
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 4.5% | 9.1% | 7.7% | 8.2% |
| Category average | 4.4% | 8.4% | 7.7% | NA |
| Rank with in category | 6 | 4 | 5 | NA |
Understand termsinfo
Holdings (87)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
GOI | Sovereign | GOI Sec | 4.6% |
Export-Import Bank Of India | Financial | CD | 3.6% |
HDFC Bank Ltd. | Financial | NCD | 3.4% |
NTPC Ltd. | Energy | NCD | 3.3% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 2.7% |
Bajaj Housing Finance Ltd. | Financial | NCD | 2.7% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 2.6% |
State Bank of India | Financial | Additional Tier 2 Bo | 2.6% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 2.3% |
ICICI Prudential Life Insurance Company Ltd. | Financial | Debenture | 2.2% |
See All
Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Past expense ratio & exit load
Expense ratio
Exit load
30 Sep 2021 - Present
0.81%
31 Aug 2021 - 30 Sep 2021
0.79%
31 Jul 2021 - 31 Aug 2021
0.79%
30 Jun 2021 - 31 Jul 2021
0.79%
31 May 2021 - 30 Jun 2021
0.79%
30 Apr 2021 - 31 May 2021
0.79%
31 Mar 2021 - 30 Apr 2021
0.46%
28 Feb 2021 - 31 Mar 2021
0.79%
31 Jan 2021 - 28 Feb 2021
0.79%
31 Dec 2020 - 31 Jan 2021
0.79%
30 Nov 2020 - 31 Dec 2020
0.80%
31 Oct 2020 - 30 Nov 2020
0.80%
30 Sep 2020 - 31 Oct 2020
0.48%
31 Aug 2020 - 30 Sep 2020
0.80%
31 Jul 2020 - 31 Aug 2020
0.80%
30 Jun 2020 - 31 Jul 2020
0.80%
31 May 2020 - 30 Jun 2020
0.79%
30 Apr 2020 - 31 May 2020
0.79%
31 Mar 2020 - 30 Apr 2020
0.79%
29 Feb 2020 - 31 Mar 2020
0.79%
31 Jan 2020 - 29 Feb 2020
0.79%
31 Dec 2019 - 31 Jan 2020
0.79%
30 Nov 2019 - 31 Dec 2019
0.81%
31 Oct 2019 - 30 Nov 2019
0.77%
30 Sep 2019 - 31 Oct 2019
0.77%
31 Aug 2019 - 30 Sep 2019
0.77%
31 Jul 2019 - 31 Aug 2019
0.77%
30 Jun 2019 - 31 Jul 2019
0.77%
31 May 2019 - 30 Jun 2019
0.77%
30 Apr 2019 - 31 May 2019
0.78%
31 Mar 2019 - 30 Apr 2019
0.78%
28 Feb 2019 - 31 Mar 2019
0.76%
31 Jan 2019 - 28 Feb 2019
0.76%
31 Dec 2018 - 31 Jan 2019
0.76%
30 Nov 2018 - 31 Dec 2018
0.78%
31 Oct 2018 - 30 Nov 2018
0.76%
30 Sep 2018 - 31 Oct 2018
0.74%
31 Aug 2018 - 30 Sep 2018
0.75%
31 Jul 2018 - 31 Aug 2018
0.75%
30 Jun 2018 - 31 Jul 2018
0.75%
31 May 2018 - 30 Jun 2018
0.61%
30 Apr 2018 - 31 May 2018
0.49%
31 Mar 2018 - 30 Apr 2018
0.49%
28 Feb 2018 - 31 Mar 2018
0.49%
31 Jan 2018 - 28 Feb 2018
0.46%
31 Dec 2017 - 31 Jan 2018
0.43%
30 Nov 2017 - 31 Dec 2017
0.43%
31 Oct 2017 - 30 Nov 2017
0.49%
Expense ratio, exit load and tax
Expense ratio: 0.81%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Understand termsinfo
Check past data
Minimum investment amounts
| Min. for 1st investment | NA |
| Min. for 2nd investment onwards | NA |
| Min. for SIP | NA |
Fund management
Prashant R Pimple
Feb 2020 - Present
View details
Education
Mr. Pimple is a MBA (Finance) and CTM.
Experience
Prior to joining Nippon India Mutual Fund he has worked with Fidelity Mutual Fund, ICICI Bank, Bank of Bahrain & Kuwait, Saraswat Co-op Bank Ltd. and SIDBI.
Also manages these schemes
Anju Chhajer
May 2015 - Present
View details
Education
Ms. Chhajer is a B.Com (H) and a Chartered Accountant.
Experience
Prior to joining Nippon India Mutual Fund Ltd. as a fund manager, she has worked with National Insurance Company as a Money Maker Instruments and D.C Dharewa & Co.
Also manages these schemes
Vivek Sharma
Jun 2020 - Present
View details
Education
Mr. Vivek Sharma is a B.E (Electronics) and PGDM (Finance).
Experience
He has been associated with Nippon India Mutual Fund since 2006.
Also manages these schemes
Pranay Sinha
Mar 2021 - Present
View details
Education
Mr. Sinha has done B.Tech in Aerospace Engg. from IIT Kharagpur and PGDM with Major in Finance from IIM Calcutta.
Experience
Prior to joining Nippon India Mutual Fund, he has worked with ABSLAMC, BNP Paribas Bank (October 2010 - August,2014) , Morgan Stanley Investment Management Pvt. Ltd. (March 2008 - October 2010) and ICICI Prudential Asset Management Co. Ltd. ( October 2005 - March 2008).
Also manages these schemes
Kinjal Desai
May 2018 - Present
View details
Education
Ms. Desai is MSc(Economics)
Experience
Associate Equity Investements at NAM India Assisting Lead Analyst in Equity Research, idea generation and sector Monitoring., assisting Fund Managers in stock selection and monitoring of overseas investments.
Also manages these schemes
Hardik Shah
Feb 2020 - Present
View details
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.
Also manages these schemes
Fund house & investment objective
| Rank (total assets) | #6 in India |
|---|---|
| Total AUM | 2,30,092.13 Cr |
| Date of Incorporation | 30 Jun 1995 |
|---|
Nippon India Banking & PSU Debt Fund IDCW Weekly is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to
Nippon India Banking & PSU Debt Fund IDCW Weekly is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Anju Chajjer, Jahnvee Shah, Vivek Sharma is the Current Fund Manager of Nippon India Banking & PSU Debt Fund IDCW Weekly fund. The fund currently has an Asset Under Management(AUM) of ₹2,30,092 Cr and the Latest NAV as of 22 Oct 2021 is ₹10.31.
The Nippon India Banking & PSU Debt Fund IDCW Weekly is rated Moderate risk. Minimum SIP Investment is set to 100.
...Read more
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,
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.
...Read more
| Fund benchmark | NIFTY Banking and PSU Debt TRI |
|---|
Fund house contact details
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
E-mail
[email protected]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,
Email
[email protected]Website
www.karvymfs.comCompare funds
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