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  • Nippon Mutual Fund
  • Nippon India Banking & PSU Debt Fund (Growth)

Formerly Reliance Banking & PSU Debt Reg Gr

Nippon Mutual Fund

Nippon India Banking & PSU Debt Fund (Growth)

DebtBanking And Psu

Top Ranked

17.4233

NAV (Mar 17)

6.1%
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

Category Leader

The fund has been a Category Leader on the Rolling Returns metric

Scripbox Recommended Debt Funds
Want the Debt funds that are right for your short term investment needs?Learn more

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

17.4233

NAV (Mar 17)

Fund Returns

Last 1Y

3.6%

Last 3Y

6.1%

Last 5Y

6.9%

Last 10Y

NA

Since Inception

7.3%

6 Month CAGR

2.6%

Scheme Information

Investment Objective

Portfolio Duration will be maintained between 1.5 - 3.5 years. The fund will tactically use up to 10 years G-Secs/ SDLs/ AAA Bonds to generate alpha. Strategy is to capture opportunity on the desired part of yield curve depending on the interest rate expectations going forward.

Expense Ratio

0.84

Launched (8y ago)

May 15, 2015

AUM in Crores

4008.584

ISIN

INF204KA1T56

Lock-in

No Lock-in

Benchmark

NIFTY Banking & PSU Debt TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Standard Deviation (3yr)

1.9

Standard Deviation (5yr)

2

Beta (3yr)

0

Beta (5yr)

0

Sharpe Ratio (3yr)

0.575

Sharpe Ratio (5yr)

0.902

YTM

7.8

Fund Managers

Kinjal Desai

Fund Manager

Pranay Sinha

Fund Manager

Vivek Sharma

Fund Manager

Akshay Sharma

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Nippon India Banking & PSU Debt Fund (Growth)70%865,512 132,9006.9%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 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 2023-03-17

Top Debt Holdings

oil and natural gas corporation limited

5.5%
5.5%

7.38 6/20/2027 12:00:00 am

4.3%
4.3%

icici bank limited

4.1%
4.1%

mahanagar telephone nigam limited

3.8%
3.8%

axis bank limited

3.3%
3.3%
See all holdings

Compare Nippon India Banking & PSU Debt Fund (Growth)

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 47,245 cr

₹ 14,457 cr

₹ 20,146 cr

₹ 13,095 cr

₹ 47,245 cr

About the AMC

Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd manages assets worth 238,077 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 99 equity,377 debt and 32 hybrid funds.

amc-img

  • 022-33031000
  • customer_care@reliancemutual.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    27.8%

    15%

    4%

    6.8%

    3.9%

    6.6%

    27.8%

    16.7%

    4%

    5.5%

    Nippon India Banking & PSU Debt Fund (G) Review

    Nippon India Banking & PSU Debt Fund (G) is a Banking And Psu Debt fund and has delivered an annualised return of 7.3% over a period of 7 years. The fund was previously known as Reliance Banking & PSU Debt Reg Gr. The fund is managed by Nippon Life India Asset Management Ltd. The fund managers are Akshay Sharma, Kinjal Desai, Pranay Sinha, Vivek Sharma.

    Nav of Nippon India Banking & PSU Debt Fund (G) as of 3/17/2023 is ₹17.42 with the total AUM as of 3/20/2023 is ₹4008.584. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Banking & PSU Debt Fund (G) 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 (G) 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 (G) 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 NIFTY Banking & PSU Debt TR INR.

    Nippon India Banking & PSU Debt Fund (G) is rated as a 4 fund in Debt and delivered 3.6% 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 (G).

    Frequently Asked Questions

    What is Nippon India Banking & PSU Debt Fund (G)?

    Nippon India Banking & PSU Debt Fund (G) 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 (G)?

    You can invest in Nippon India Banking & PSU Debt Fund (G) 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 (G)?

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

    Is Nippon India Banking & PSU Debt Fund (G) good to invest in?

    As per Scripbox experts, Nippon India Banking & PSU Debt Fund (G) is a Top Ranked fund. You can investNippon India Banking & PSU Debt Fund (G) 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 (G)?

    The expense ratio of the Nippon India Banking & PSU Debt Fund (G) is 0.84% for regular plan.