Nippon India Banking & PSU Fund Direct Quarterly Payout of Income Dis cum cptl wdrl
Get the latest NAV of Nippon India Banking & PSU Fund Direct Quarterly Payout of Income Dis cum cptl wdrl. 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.
₹10.91
NAV as on 16 Mar 2026
6.48%/per year
Since Inception
▲▼
Nippon India Banking & PSU Fund Direct Quarterly Payout of Income Dis cum cptl wdrl Performance vs. Banking and PSU Index
Fund returns vs Benchmark returns vs Category Average returns as on (16-Mar-26)
The fund has consistently outperformed the benchmark (Banking and PSU Index) over the last 1Y, 3Y, 5Y time periods.
Peer comparison
Nippon India Banking & PSU Fund Direct Quarterly Payout of Income Dis cum cptl wdrl Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Nippon India Banking & PSU Fund Direct Quarterly Payout of Income Dis cum cptl wdrl Asset Allocation
See fund asset allocation details as on (14-Mar-26)
Fund Distribution
as on (14-Mar-26)
Nippon India Banking & PSU Fund Direct Quarterly Payout of Income Dis cum cptl wdrl Sector Allocation
See fund sector allocation details as on (14-Mar-26)
Sector Allocation
Top 2 Sectors in February were Government, Corporate
Corporate
48%
Government
47%
Government
48%
Corporate
47%
Nippon India Banking & PSU Fund Direct Quarterly Payout of Income Dis cum cptl wdrl Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.38% |
Benchmark | CRISIL Banking and PSU Debt A-II TR INR |
| AUM | ₹5294 Cr |
| Inception Date | 15 May, 2015 |
| Min Lumpsum/SIP | ₹5,000/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 166.19% |
| Risk |   Moderate Risk |
About Nippon India Banking & PSU Fund Direct Quarterly Payout of Income Dis cum cptl wdrl
Nippon India Banking & PSU Fund Direct Quarterly Payout of Income Dis cum cptl wdrl is a debt fund. This fund was started on 15 May, 2015. The fund is managed by Vivek Sharma, Lokesh Maru, Kinjal Desai, Divya Sharma, Pranay Sinha. This fund is suitable to keep your money safe.
Key Parameters
- Nippon India Banking & PSU Fund Direct Quarterly Payout of Income Dis cum cptl wdrl has ₹5294 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
- The fund has an expense ratio 0.4.
Returns
Nippon India Banking & PSU Fund Direct Quarterly Payout of Income Dis cum cptl wdrl has given a CAGR return of 6.48% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.75%, 7.40% and 6.36% respectively.
Holdings
Nippon India Banking & PSU Fund Direct Quarterly Payout of Income Dis cum cptl wdrl 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 Direct Quarterly Payout of Income Dis cum cptl wdrl
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 Direct Quarterly Payout of Income Dis cum cptl wdrl has no lock in period.
Fund Manager
Vivek Sharma
Fund Manager of Nippon India Banking & PSU Fund Direct Quarterly Payout of Income Dis cum cptl wdrl, since 25 June 2020
Lokesh Maru
Fund Manager of Nippon India Banking & PSU Fund Direct Quarterly Payout of Income Dis cum cptl wdrl, since 5 September 2025
Kinjal Desai
Fund Manager of Nippon India Banking & PSU Fund Direct Quarterly Payout of Income Dis cum cptl wdrl, since 25 May 2018
Divya Sharma
Fund Manager of Nippon India Banking & PSU Fund Direct Quarterly Payout of Income Dis cum cptl wdrl, since 5 September 2025
Pranay Sinha
Fund Manager of Nippon India Banking & PSU Fund Direct Quarterly Payout of Income Dis cum cptl wdrl, since 31 March 2021
- 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 Direct Quarterly Payout of Income Dis cum cptl wdrl
How do I invest in Nippon India Banking & PSU Fund Direct Quarterly Payout of Income Dis cum cptl wdrl?
- Download the INDmoney app.
- Search for ‘Nippon India Banking & PSU Fund Direct Quarterly Payout of Income Dis cum cptl wdrl’.
- 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.