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  • Nippon India Banking & PSU Debt Fund (PIDCW-A)

Formerly Nippon India Bnk& PSU Dbt Reg DP

Nippon Mutual Fund

Nippon India Banking & PSU Debt Fund (PIDCW-A)

DebtBanking And Psu
Top Ranked

19.0361

NAV (Jun 14)

5.2%
3 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within banking and psu mutual funds.

Banking and PSU Funds are mandated to invest a minimum of 80% of total assets in debt instruments issued by Banks, Public Sector Undertakings and Public Financial Institutions.

They tend to invest in medium to long duration securities and hence are exposed to higher variations when interest rates change.

The category accounts for close to 8% of the total assets in the Debt Segment.

We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Satisfactory

The performance of the fund on a Fund Size metric has been Satisfactory

Rolling Returns

Satisfactory

The performance of the fund on a Rolling Returns metric has been Satisfactory

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

19.0361

NAV (Jun 14)

Fund Returns

Last 1Y
6.7%
Last 3Y
5.2%
Last 5Y
6.7%
Last 10Y
NA
Since Inception
7.3%
6 Month CAGR
3.9%

Scheme Information

Investment Objective

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 can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

Expense Ratio
0.78
Launched (9y ago)
May 15, 2015
AUM in Crores
5628.094
ISIN
INF204KA1T72
Lock-in
No Lock-in
Benchmark
CRISIL Banking and PSU Debt A-II TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
1.2
Standard Deviation (5yr)
1.8
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-0.394
Sharpe Ratio (5yr)
0.843
YTM
7.55
Fund Managers

Pranay Sinha

Fund Manager

Vivek Sharma

Fund Manager

Kinjal Desai

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Nippon India Banking & PSU Debt Fund (PIDCW-A)70%8,63,369 1,30,7576.8%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-06-14

Top Debt Holdings

7.18% govt stock 2033

4.5%
4.5%

national bank for agriculture and rural development

3.9%
3.9%

7.18% govt stock 2037

3.9%
3.9%

7.32% govt stock 2030

3.6%
3.6%

7.26% govt stock 2033

3.4%
3.4%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 5,001 cr

₹ 10,797 cr

₹ 46,422 cr

₹ 14,535 cr

₹ 15,157 cr

amc-img

About the AMC

Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd manages assets worth 380,402 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 105 equity,425 debt and 71 hybrid funds.amc-img
phone-img022-33031000
Fund NameScripbox Opinion
Till Date CAGR

5.7%

6.9%

5.7%

6.7%

5.7%

5.8%

5.7%

6.7%

5.7%

5.8%

Nippon India Banking & PSU Debt Fund (PIDCW-A) Review

Nippon India Banking & PSU Debt Fund (PIDCW-A) is a Banking And Psu Debt fund and has delivered an annualised return of 7.3% over a period of 9 years. The fund was previously known as Nippon India Bnk& PSU Dbt Reg DP. The fund is managed by Nippon Life India Asset Management Ltd. The fund managers are Kinjal Desai, Pranay Sinha, Vivek Sharma.

Nav of Nippon India Banking & PSU Debt Fund (PIDCW-A) as of 6/14/2024 is ₹19.04 with the total AUM as of 6/16/2024 is ₹5628.094. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Banking & PSU Debt Fund (PIDCW-A) was launched on May 15, 2015. The category risk of the fund is Moderate Risk.

The minimum SIP amount for Nippon India Banking & PSU Debt Fund (PIDCW-A) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Nippon India Banking & PSU Debt Fund (PIDCW-A) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Banking and PSU Debt A-II TR INR.

Nippon India Banking & PSU Debt Fund (PIDCW-A) is rated as a 4 fund in Debt and delivered 6.7% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Nippon India Banking & PSU Debt Fund (PIDCW-A).

Frequently Asked Questions

What is Nippon India Banking & PSU Debt Fund (PIDCW-A)?

Nippon India Banking & PSU Debt Fund (PIDCW-A) is a Banking And Psu Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Nippon India Banking & PSU Debt Fund (PIDCW-A)?

You can invest in Nippon India Banking & PSU Debt Fund (PIDCW-A) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Nippon India Banking & PSU Debt Fund (PIDCW-A)?

The minimum sip amount for Nippon India Banking & PSU Debt Fund (PIDCW-A) is ₹1000. You can invest in multiples of ₹5000.

Is Nippon India Banking & PSU Debt Fund (PIDCW-A) good to invest in?

As per Scripbox experts, Nippon India Banking & PSU Debt Fund (PIDCW-A) is a Top Ranked fund. You can investNippon India Banking & PSU Debt Fund (PIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Nippon India Banking & PSU Debt Fund (PIDCW-A)?

The expense ratio of the Nippon India Banking & PSU Debt Fund (PIDCW-A) is 0.78% for regular plan.