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Nippon India Banking & PSU Debt Fund (Growth)

Formerly Reliance Banking & PSU Debt Reg Gr
Returns (5yrs)
8.94 %
Latest NAV
15.55

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Fund Information

as on 2nd of July, 06:41 PM

Nippon Life India Asset Management Ltd

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

Fund Managers

  • profile-pic
    Anju Chhajer
    profile-pic
    Hardik Shah
    profile-pic
    Kinjal Desai
    profile-pic
    Prashant Pimple
    profile-pic
    Vivek Sharma
  • expense-ratio
    Expense Ratio
    0.79
    benchmark
    Benchmark
    NIFTY Banking & PSU Debt TR INR
  • Aum image
    AUM
    ₹ 4972.81 Crores
    ISIN
    ISIN
    INF204KA1T56
  • Category Risk:

    Moderately Low risk

Holding Information

as on 2nd of July, 06:41 PM

Top Holding

Govt Stock
6%
National Bank For Agriculture And Rural Development
6%
Axis Bank Limited
5%
State Bank Of India
5%
Ntpc Limited
5%

Allocation

Debt
90%
Others
10%
Equity
0%

Investment Return Calculator

as on 2nd of July, 06:41 PM
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  • Savings Bank
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  • Gold
  • Property
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  • EPF
  • Mutual Fund(Equity)

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. Past performance is not an indicator of future returns.

Transaction

as on 2nd of July, 06:41 PM
Minimum SIP Amount
₹ 1000
Minimum Lumpsum Amount
₹ 5000
Lumpsum Multiple
₹ 100
SIP Multiple
₹ 100

About the Fund

Nippon India Banking & PSU Debt Fund Regular Growth is a Banking And Psu Debt fund and has delivered an annualised return of 8.94% over a period of 5 years. The fund is managed by Nippon Life India Asset Management Ltd. The fund managers names are Anju Chhajer, Hardik Shah, Kinjal Desai, Prashant Pimple, Vivek Sharma. 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 The fund charges 0.79000%. The minimum SIP amount for this is ₹1000. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000.

Disclaimer: Scripbox has taken due care and caution in compilation of the data contained in this factsheet. This data has been obtained by Scripbox from sources which it considers reliable. However, please verify the data from the mutual fund company before taking any Investment action based on this information.

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Long Term Wealth

  • 5+ years
    Recommended
  • 12-14%
    Returns
  • No lock-in
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