- Mutual Funds
- Nippon Mutual Fund
- Nippon India Banking & PSU Debt Fund (Growth)
Formerly Reliance Banking & PSU Debt Reg Gr
Nippon India Banking & PSU Debt Fund (Growth)
₹ 17.4233
NAV (Mar 17)
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical 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
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 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Nippon India Banking & PSU Debt Fund (Growth) | 865,512 | 132,900 | 6.9% | |
| EPF | 900,761 | 168,149 | 8.50% | |
| Property | 867,662 | 135,050 | 7.00% | |
| PPF | 869,819 | 137,207 | 7.10% | |
| Bank FD | 846,471 | 113,859 | 6.00% | |
| Gold | 846,471 | 113,859 | 6.00% | |
| Savings Bank | 825,950 | 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
oil and natural gas corporation limited
5.5%7.38 6/20/2027 12:00:00 am
4.3%icici bank limited
4.1%mahanagar telephone nigam limited
3.8%axis bank limited
3.3%Compare Nippon India Banking & PSU Debt Fund (Growth)
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 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.
| Fund Name | Scripbox 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)?
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.