Nippon India Banking & PSU Fund

Nippon India Banking & PSU Fund

Debt

Nippon Mutual Fund

Banking & Psu

Get the latest NAV of Nippon India Banking & PSU Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹22.25

▼-0.1%1D

NAV as on 20 Mar 2026

7.65%/per year

Since Inception

Absolute Gain%

▲▼

216 people have invested ₹ 21.8L in Nippon India Banking & PSU Fund in the last three months

Nippon India Banking & PSU Fund Performance vs. Banking and PSU Index

Fund returns vs Benchmark returns vs Category Average returns as on (20-Mar-26)

The fund has consistently outperformed the benchmark (Banking and PSU Index) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
-0%
0.72%
2.12%
6.49%
7.45%
6.43%
Banking and PSU Index
0.02%
0.68%
2.02%
5.95%
6.24%
5.38%
Banking & Psu Avg
-0.02%
0.65%
1.97%
6.16%
6.99%
6.1%
Best in Banking & Psu
0.36%
1.37%
3.14%
7.69%
7.72%
7.5%
Worst in Banking & Psu
-0.01%
0.66%
1.96%
5.89%
6.94%
5.78%
Category Rank
9/12
4/12
4/12
8/12
3/12
--

Nippon India Banking & PSU Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

11
/12
51% Performance
30% Risk Management
10% Cost

Ranked 11 out of 12 mutual funds in the banking & psu category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Nippon India Banking & PSU Fund
11/12
5,294Cr
0.38%
6.49%
7.45%
0.39
1.16
0.79
1.39
1.19
ICICI Prudential Banking and PSU Debt Fund
1/12
9,489Cr
0.39%
6.9%
7.69%
0.80
0.76
1.35
2.71
1.55
UTI Banking & PSU Fund
2/12
1,099Cr
0.2%
7.29%
7.54%
0.62
0.79
1.09
2.34
1.05
Kotak Banking and PSU Debt Fund
3/12
5,409Cr
0.4%
7.15%
7.71%
0.65
1.05
1.03
1.97
1.85
See all

Nippon India Banking & PSU Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
▲
▼

Nippon India Banking & PSU Fund Asset Allocation

See fund asset allocation details as on (14-Mar-26)

Fund Distribution

as on (14-Mar-26)

AAA
100%
Cash allocation has gone down from 9.5% to 7.8%
Cash allocation has gone down from 9.5% to 7.8%
Debt allocation has gone up from 90.2% to 91.9%
Debt allocation has gone up from 90.2% to 91.9%

Nippon India Banking & PSU Fund Sector Allocation

See fund sector allocation details as on (14-Mar-26)

Sector Allocation

Corporate
51.3%
Government
44.4%
Cash Equivalent
4.3%

Top 2 Sectors in February were Government, Corporate

Feb'26

Corporate

48%

Government

47%

Jan'26

Government

48%

Corporate

47%

Nippon India Banking & PSU Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.38%
Benchmark
CRISIL Banking and PSU Debt A-II TR INR
AUM₹5294 Cr
Inception Date15 May, 2015
Min Lumpsum/SIP₹5,000/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
166.19%
Risk
Risk meter
pointer
Moderate Risk

About Nippon India Banking & PSU Fund

Nippon India Banking & PSU Fund is a debt fund. This fund was started on 15 May, 2015. The fund is managed by Divya Sharma, Vivek Sharma, Lokesh Maru, Kinjal Desai, Pranay Sinha. This fund is suitable to keep your money safe.

Key Parameters

  1. Nippon India Banking & PSU Fund has ₹5294 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

Nippon India Banking & PSU Fund has given a CAGR return of 7.65% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.49%, 7.45% and 6.43% respectively.

Holdings

Nippon India Banking & PSU Fund has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.26% Gs 2033, National Bank For Agriculture And Rural Development, National Housing Bank, National Bank For Agriculture And Rural Development, 6.48% Gs 2035

Taxation

As it is a banking & psu mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of Nippon India Banking & PSU Fund

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 can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Nippon India Banking & PSU Fund has no lock in period.

Fund Manager

Divya Sharma

Fund Manager of Nippon India Banking & PSU Fund, since 5 September 2025

Vivek Sharma

Fund Manager of Nippon India Banking & PSU Fund, since 25 June 2020

Lokesh Maru

Fund Manager of Nippon India Banking & PSU Fund, since 5 September 2025

Kinjal Desai

Fund Manager of Nippon India Banking & PSU Fund, since 25 May 2018

Pranay Sinha

Fund Manager of Nippon India Banking & PSU Fund, since 31 March 2021

Learn more about Nippon Mutual Fund
Parameters
Feb'26
Jan'26
Dec'25
AUM
₹ 5.3K Cr
₹ 5.4K Cr
₹ 5.4K Cr
  • AUM of the fund stands at 5.3K Cr as of Feb'26
  • AUM decreased by 143.6 Cr between Feb'26 and Jan'26

Frequently Asked Questions for Nippon India Banking & PSU Fund

How do I invest in Nippon India Banking & PSU Fund?

INDmoney makes it simple to invest in the Nippon India Banking & PSU Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Nippon India Banking & PSU Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Nippon India Banking & PSU Fund?

The NAV of the fund today is ₹22.25. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Nippon India Banking & PSU Fund fund has generated a return of 6.49% in 1 year, 7.45% in 3 years, 6.43% in 5 years.

Who is the fund manager of Nippon India Banking & PSU Fund?

The fund managers are Divya Sharma, Vivek Sharma, Lokesh Maru, Kinjal Desai, Pranay Sinha.

What is the expense ratio of the fund?

The expense ratio is 0.38%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹5294 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Nippon India Banking & PSU Fund?

The top 3 holdings of the fund are 7.26% Gs 2033(4.41%), National Bank For Agriculture And Rural Development(3.36%), National Housing Bank(3.33%)