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Nippon India Banking & PSU Debt Fund - Monthly IDCW Option

(Erstwhile Reliance Banking & PSU Debt Fund- Monthly Dividend Plan)

Category: Debt: Banking and PSU
Launch Date: 15-05-2015
Asset Class: Fixed Income
Benchmark: CRISIL Banking and PSU Debt A-II Index
Expense Ratio: 0.76% As on (31-03-2025)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 5,679.15 Cr As on (31-03-2025)
Turn over:
NAV (₹): 10.6684 ₹ -0 ( -0.0244%)
as on 24-04-2025
CAGR Since Inception - 6.46%
CRISIL Banking and PSU Debt A-II Index - 7.37%

Fund Managers

Vivek Sharma, Pranay Sinha, Kinjal Desai


Investment Objective

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.

PERFORMANCE of Nippon India Banking & PSU Debt Fund - Monthly IDCW Option

Scheme Performance (%) Data as on - 24-04-2025

1-Year Ret (%) 3-Yrs Ret (%) 5-Yrs Ret (%) 10-Yrs Ret (%) Since Launch Ret (%)
Nippon India Banking & PSU Debt Fund - Monthly IDCW Option 9.51 6.96 6.6 - 6.46
Benchmark - - - - -
Debt: Banking and PSU 9.31 7.01 6.51 7.24 7.13

RETURNS CALCULATOR for Nippon India Banking & PSU Debt Fund - Monthly IDCW Option

Growth of 10000 In SIP (Fund vs Benchmark)

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Growth of 10000 In LUMPSUM (Fund vs Benchmark)

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Rolling Returns

Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.

Key Performance and Risk Statistics of Nippon India Banking & PSU Debt Fund - Monthly IDCW Option

Key Statistics Volatility Sharpe Ratio Alpha Beta Yield to Maturity Average Maturity
Nippon India Banking & PSU Debt Fund - Monthly IDCW Option 1.15 -0.22 4.03 2.14 7.2 5.93
Debt: Banking and PSU - - - - - -

PEER COMPARISION

Scheme Name Launch
Date
1-Year
Ret (%)
2-Yrs
Ret (%)
3-Yrs
Ret (%)
5-Yrs
Ret (%)
10-Yrs
Ret (%)
Nippon India Banking & PSU Debt Mly IDCW 15-05-2015 9.51 7.98 6.96 6.6 0.0
DSP Banking & PSU Debt Reg Gr 05-09-2013 10.15 8.41 7.29 6.62 7.39
Edelweiss Banking and PSU Debt Reg Gr 06-09-2013 9.9 7.98 7.31 6.8 7.61
Sundaram Banking and PSU Reg Gr 30-12-2004 9.63 8.09 7.03 5.96 6.8
Invesco India Banking & PSU Gr 24-12-2012 9.63 8.05 6.75 5.99 6.54
Nippon India Banking & PSU Debt Gr Gr 10-05-2015 9.59 8.05 7.01 6.65 0.0
Kotak Banking and PSU Debt Gr 29-12-1998 9.57 8.11 7.17 6.77 7.58
Baroda BNP Paribas Banking and PSU Bond Reg Gr 17-12-2020 9.56 7.82 6.51 0.0 0.0
Bajaj Finserv Banking and PSU Reg Gr 01-11-2023 9.53 0.0 0.0 0.0 0.0
ABSL Banking & PSU Debt Reg Gr 05-04-2008 9.51 8.06 7.09 6.74 7.61

Asset Allocation (%)

PORTFOLIO ANALYSIS of Nippon India Banking & PSU Debt Fund - Monthly IDCW Option

Portfolio as on

Top 10 Sectors in portfolio (%)

Top 10 Stocks in portfolio (%)