Nippon India Banking & PSU Debt Fund Direct Bonus
Nippon India Banking & PSU Debt Fund Direct Bonus

Nippon India Banking & PSU Debt Fund Direct Bonus

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Debt
Direct
Banking & Psu

NAV: ₹ 17.8 as on 08-02-2023

Fund Performance

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0.6%
1.9%
3.1%
4.4%
6.1%
7.5%
Benchmark
0.6%
1.6%
2.5%
3.8%
5%
5.9%
About the Fund

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

Key parameters

1) Nippon India Banking & PSU Debt Fund Direct Bonus has a NAV of 17.8173 as on 08-02-2023.

2) Nippon India Banking & PSU Debt Fund Direct Bonus has 3998 Cr worth of assets under management (AUM) as on 31-12-2022 and is more than category average.

3) The fund has an expense ratio 0.33 %.

Fund Overview

Expense ratio
Expense ratio
0.33%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹3998 Cr
Inception Date
Inception Date
15 May, 2015
Min Lumpsum/SIP
Min Lumpsum/SIP
₹0/₹0
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
166.82%

Fund Distribution as on (31-Dec-22)

  • Debt & Cash 100%
Credit rating breakup
AAA
100%

Sector Allocation

Dec'22

Nov'22

Oct'22

Corporate

52.7%

Government

40.3%

Cash Equivalent

7.1%

Top Holdings as on (31-Dec-69)

  • Debt & Cash
Debt Holdings82
Holdings
Weight%
Holdings Trend
1M Change
7.1% Govt Stock 2029
7.1% Govt Stock 2029
5.69%
42.9%
7.26% Govt Stock 2032
7.26% Govt Stock 2032
5.59%
-13.3%
Oil And Natural Gas Corporation Limited
Oil And Natural Gas Corporation Limited
5.46%
0%
ICICI Bank Limited
ICICI Bank Limited
4.11%
100%
Mahanagar Telephone Nigam Limited
Mahanagar Telephone Nigam Limited
3.79%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 113.4 Cr in last 1M
Dec'69 return underperformed benchmark

Change in AUM

Dec'22
₹ 4K Cr
Nov'22
₹ 4.1K Cr
Oct'22
₹ 4.1K Cr

Fund Returns vs Benchmark

Jan'23
0.69%
0.71%
Dec'22
0.02%
-0.06%
Nov'22
0.72%
0.66%
Fund Return
Benchmark Return

Fund Manager

Vivek Sharma

Vivek Sharma

Fund Manager of Nippon India Banking & PSU Debt Fund Direct Bonus, since 25 June 2020
Kinjal Desai

Kinjal Desai

Fund Manager of Nippon India Banking & PSU Debt Fund Direct Bonus, since 25 May 2018
Pranay Sinha

Pranay Sinha

Fund Manager of Nippon India Banking & PSU Debt Fund Direct Bonus, since 31 March 2021
Akshay Sharma

Akshay Sharma

Fund Manager of Nippon India Banking & PSU Debt Fund Direct Bonus, since 1 December 2022

AMC details

Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹2.28L Cr
as on 31-Dec-2022
Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)
Phone
022-68087000/18602660111
Email
customercare@nipponindiaim.in

Fund Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.76% since inception which is more than its category average return of 5.38%
AUM size ₹3998 Cr

AUM size ₹3998 Cr

This fund has AUM of ₹3998 Cr which is more than its category average of ₹ 3570 Cr
Expense Ratio 0.33%

Expense Ratio 0.33%

This fund has an expense ratio of 0.33% which is less than its category average expense ratio of 0.48%

Frequently Asked Questions

The current NAV of Nippon India Banking & PSU Debt Fund Direct Bonus is 17.83 as on 07-Feb-2023.
Existing (Absolute + CAGR)
Nippon India Banking & PSU Debt Fund Direct Bonus
Absolute Returns
CAGR Returns
1 Month Returns
0.63%
0.63%
6 Month Returns
3.07%
3.07%
1 Year Returns
4.36%
4.36%
3 Years Returns
19.28%
6.05%
5 Years Returns
43.34%
7.47%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.33 as on January 2023
3998 Cr as on January 2023
Yield to Maturity is 7.52 as on January 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 2.44 as on January 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Vivek Sharma,Kinjal Desai,Pranay Sinha,Akshay Sharma are the fund managers of Nippon India Banking & PSU Debt Fund Direct Bonus
The Exit load of Nippon India Banking & PSU Debt Fund Direct Bonus is 0%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.