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Our Opinion
Riskometer
Moderate
₹22.1568 -0.17%
As on 02-Apr-2026
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
|
Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
Nippon India Banking and PSU Fund - Direct Plan
|
|
|
Moderate
|
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0.38 |
|
 |
|
Moderate
|
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0.34 |
||
|
|
Low to Moderate
|
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0.36 |
||
 |
|
Moderate
|
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0.39 |
||
|
|
Low to Moderate
|
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0.20 |
₹5,294 Cr
--
5,000
100
100
60
About Nippon India Banking and PSU Fund - Direct Plan
Nippon India Banking and PSU Fund - Direct Plan is a debt mutual fund scheme of Nippon India Mutual Fund. Launched on May 15, 2015, it is currently managed by Vivek Sharma and Pranay Sinha. The fund has an expense ratio of 0.38% with an overall AUM (Assets Under Management) of ₹5,294 Cr.
Nippon India Banking & PSU Debt Fund - Direct Plan is mandated to invest at least 80 per cent of its assets in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions. The fund allows minimum lumpsum investment of ₹1,000 and minimum SIP of ₹100.
Investment Strategy
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.
Suitability
Banking and PSU funds are suitable for:
Note:
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of Nippon India Banking and PSU Fund - Direct Plan through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, Nippon India Banking and PSU Fund - Direct Plan can be bought from the Nippon India Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.
The latest declared NAV of Nippon India Banking and PSU Fund - Direct Plan, is ₹22.1568 as of 05-Apr-2026.
| Company | Percentage of Portfolio |
|---|---|
|
GOI Sec 7.26 06/02/2033 |
4.41
|
|
National Bank For Agriculture & Rural Development SR F24 Debenture 7.68 30/04/2029 |
3.36
|
|
National Housing Bank NCD 7.59 08/09/2027 |
3.33
|
|
National Bank For Agriculture & Rural Development SR 25G Bonds 7.48 15/09/2028 |
2.95
|
|
GOI Sec 6.48 06/10/2035 |
2.70
|
Over the past five years, Nippon India Banking and PSU Fund - Direct Plan has delivered an annualised return of 6.16% as of 05-Apr-2026.
The minimum investment required to start investing in Nippon India Banking and PSU Fund - Direct Plan is ₹5,000 for the lump sum option and ₹100 for the SIP (Systematic Investment Plan) option.
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