Nippon India Banking And Psu Debt Fund - Direct IDCW Reinvestment
Debt
Direct
Banking & Psu
NAV: ₹ 18.7 as on 25-09-2023
Fund Performance
27 people have invested ₹ 43.9K in Nippon India Banking And Psu Debt Fund - Direct IDCW Reinvestment in the last three months
About the Fund
Nippon India Banking And Psu Debt Fund - Direct IDCW Reinvestment is a debt fund. This fund was started on 15 May, 2015. The fund is managed by Kinjal Desai, Vivek Sharma, Pranay Sinha. This fund is suitable to keep your money safe.
Key Parameters
- Nippon India Banking And Psu Debt Fund - Direct IDCW Reinvestment has ₹5339 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.4.
Nippon India Banking And Psu Debt Fund - Direct IDCW Reinvestment Overview
 | 0.35% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹5339 Cr |
 | 15 May, 2015 |
 | ₹5000/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 168.28% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
56.1%
Government
39.6%
Cash Equivalent
4.3%
Top Holdings of Nippon India Banking And Psu Debt Fund - Direct IDCW Reinvestment as on (31-Aug-23)
Debt Holdings91
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 National Bank For Agriculture And Rural Development | 4.08% | 25.7% | |
7.26% Govt Stock 2033 | 3.74% | -75% | |
Small Industries Development Bank Of India | 3.7% | 0% | |
7.38% Govt Stock 2027 | 2.68% | 0.6% | |
7.06% Govt Stock 2028 | 2.68% | 0% |
See all
Nippon India Banking And Psu Debt Fund - Direct IDCW Reinvestment: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 5.4K Cr as of Aug'23
- AUM decreased by 59.3 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Nippon India Banking And Psu Debt Fund - Direct IDCW Reinvestment Fund Manager
Kinjal Desai
Fund Manager of Nippon India Banking And Psu Debt Fund - Direct IDCW Reinvestment, since 25 May 2018
Top funds managed
Vivek Sharma
Fund Manager of Nippon India Banking And Psu Debt Fund - Direct IDCW Reinvestment, since 25 June 2020
Top funds managed
Pranay Sinha
Fund Manager of Nippon India Banking And Psu Debt Fund - Direct IDCW Reinvestment, since 31 March 2021
Top funds managed
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.75% since inception which is more than its category average return of 5.51%
AUM size ₹5339 Cr
This fund has AUM of ₹5339 Cr which is more than its category average of ₹ 3794 Cr
Expense Ratio 0.35%
This fund has an expense ratio of 0.35% which is less than its category average expense ratio of 0.48%
Frequently Asked Questions
The current NAV of Nippon India Banking And Psu Debt Fund - Direct IDCW Reinvestment is ₹18.67 as on 25-Sep-2023.
Existing (Absolute + CAGR) as on 25-Sep-2023.
Nippon India Banking And Psu Debt Fund - Direct IDCW Reinvestment | Absolute Returns | CAGR Returns |
1 Month Returns | 0.66% | 0.66% |
6 Month Returns | 4% | 4% |
1 Year Returns | 7.24% | 7.24% |
3 Years Returns | 16.87% | 5.33% |
5 Years Returns | 45.57% | 7.8% |
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.
0.35% as on August 2023
₹5339 Cr as on August 2023
National Bank For Agriculture And Rural Development(4.08%), 7.26% Govt Stock 2033(3.74%), Small Industries Development Bank Of India(3.7%), 7.06% Govt Stock 2028(2.68%), 7.38% Govt Stock 2027(2.68%) as on August 2023
Corporate(55.09%), Government(40.47%), Cash Equivalent(4.44%) as on August 2023
Yield to Maturity is 7.56 as on August 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 2.98 as on August 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Kinjal Desai, Vivek Sharma, Pranay Sinha are the fund managers of Nippon India Banking And Psu Debt Fund - Direct IDCW Reinvestment
The Exit load of Nippon India Banking And Psu Debt Fund - Direct IDCW Reinvestment is 0%