- Mutual Funds
- Nippon India Mutual Fund
- Nippon India Banking & PSU Debt Fund (G)
Nippon India Banking & PSU Debt Fund (G)
₹ 19.6449
NAV (Oct 30)
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 19.6449
NAV (Oct 30)
Fund Returns
Last 1Y | 8.1% |
Last 3Y | 5.7% |
Last 5Y | 6.4% |
Last 10Y | NA |
Since Inception | 7.4% |
6 Month CAGR | 4.3% |
Scheme Information
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.
Expense Ratio | 0.76% |
Launched 9Y ago | 2015-05-15 |
AUM in Crores | 5346.9 |
ISIN | INF204KA1T56 |
Lock-in (days) | No Lock-in |
Benchmark | CRISIL Banking and PSU Debt A-II Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | - |
Standard Deviation | 1.2 |
Beta | 2.3 |
Sharpe Ratio | -0.2 |
YTM | - |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Nippon India Banking & PSU Debt Fund (G) | 8,55,880 | 1,23,268 | 6.4% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Debt Holdings
GOI
8.22%GOI
4.42%National Bank For Agriculture & Rural Development
4.12%Indian Railway Finance Corporation Ltd.
3.28%GOI
3.25%Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,523 cr | ||
₹ 10,307 cr | ||
₹ 8,029 cr | ||
₹ 14,839 cr | ||
₹ 4,610 cr |
About the AMC
Nippon India Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
6% | 6.9% | ||
7% | 8.8% | ||
16.4% | 20.9% | ||
20.1% | 13.4% | ||
16.5% | 8.6% |
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 7.39% over 9 years. The fund has grown over a period of 9 years. The fund is managed by Nippon India Mutual Fund. The fund managers are Kinjal Desai, Pranay Sinha, Vivek Sharma.
Nav of Nippon India Banking & PSU Debt Fund (G) as of 10/30/2024 is ₹19.64 with the total AUM as of 10/31/2024 is ₹5346.88. 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 2015-05-15. The category risk of the fund is Moderate.
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 CRISIL Banking and PSU Debt A-II Index.
Scripbox has rated it 4 stars, indicating it's a top ranking fund in the Debt category and delivered 8.15% 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)?
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?
According to Scripbox opinion, it is a 4-star fund. You can invest in this fund if its investment objective and risk level align with your 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 0.76% for regular plan.
What is the NAV of Nippon India Banking & PSU Debt Fund (G)?
Today's Nippon India Banking & PSU Debt Fund (G) NAV is ₹19.64.