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Fincash » Mutual Funds » Nippon India Banking PSU Debt Fund

Nippon India Banking & PSU Debt Fund - G

NAV  ₹18.9599 ↑ 0.01  (0.07 %) as on 22 May 24

Scheme Objective

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 is no assurance that the investment objective of the Scheme will be achieved

Nippon India Banking & PSU Debt Fund is a Debt - Banking & PSU Debt fund launched on 15 May 15. It is a fund with Moderately Low risk and has given a CAGR return of 7.3% since its launch.  Return for 2023 was 6.8% , 2022 was 3.2% and 2021 was 3.9% .

Below is the key information for Nippon India Banking & PSU Debt Fund

NAV as on 22 May 24₹18.9599 ↑ 0.01  (0.07 %)
Net Assets (AUM) as on 30 Apr 2024 ₹5,451 Cr.
Launch Date15 May 2015
CategoryDebt - Banking & PSU Debt
RatingNot Rated
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity7.61%
Effective Maturity4 Years 7 Months 17 Days
Modified Duration3 Years 4 Months 28 Days
Alpha Ratio0.0
Expense Ratio0.82 %
Sharpe Ratio-0.759
Information Ratio0.0
BenchmarkNot Available
ISININF204KA1T56
AMCNippon Life Asset Management Ltd.
Min Investment ₹5,000
Min SIP Investment ₹100
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 May 24

DurationReturns
1 Month 0.9%
3 Month 1.7%
6 Month 3.9%
1 Year 6.5%
3 Year 5.2%
5 Year 6.9%
10 Year
15 Year
Since launch 7.3%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 6.8%
2022 3.2%
2021 3.9%
2020 10.9%
2019 10.5%
2018 6.4%
2017 6%
2016 10.2%
2015

Growth of 10k Over Years

DateValue
30 Apr 19₹10,000
30 Apr 20₹11,115
30 Apr 21₹12,061
30 Apr 22₹12,503
30 Apr 23₹13,134
30 Apr 24₹13,986
Nippon India Banking & PSU Debt Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash9.91%
Debt89.85%
Other0.25%
Nippon India Banking & PSU Debt Fund Asset Allocation

Sector Allocation

SectorValue
Corporate48.83%
Government45.37%
Cash Equivalent5.55%
RatingValue
AAA100%
Nippon India Banking & PSU Debt Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
7.18% Govt Stock 2037
Sovereign Bonds | -
6%₹334 Cr33,500,000
↑ 2,500,000
7.26% Govt Stock 2033
Sovereign Bonds | -
5%₹296 Cr29,500,000
↓ -7,000,000
National Bank For Agriculture And Rural Development
Debentures | -
4%₹219 Cr22,000
7.32% Govt Stock 2030
Sovereign Bonds | -
4%₹217 Cr21,500,000
↑ 11,500,000
Small Industries Development Bank Of India
Debentures | -
4%₹198 Cr20,000
Indian Railway Finance Corporation Limited
Debentures | -
3%₹176 Cr17,500
↑ 5,000
Rural Electrification Corporation Limited
Debentures | -
2%₹125 Cr12,500
7.18% Govt Stock 2033
Sovereign Bonds | -
2%₹123 Cr12,300,000
↓ -13,700,000
Indian Railway Finance Corporation Limited
Debentures | -
2%₹120 Cr12,000
Mahanagar Telephone Nigam Limited
Debentures | -
2%₹117 Cr1,150
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Fund Managers

NameSinceTenure
Vivek Sharma25 Jun 203.77 Yr.
Pranay Sinha31 Mar 213.01 Yr.
Kinjal Desai25 May 185.86 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Ltd
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Nippon India Mutual Fund9th Floor, Crescenzo, C-38 & 39,,G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051

Auditors

CompanyAddress
Haribhakti & Co. Chartered Accountants42, Free Press House,4th Floor,,215, Nariman Point,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Nippon India Banking & PSU Debt Fund
Growth
₹18.9599
↑ 0.01
3.86 %6.48 %5.18 %6.92 %
Nippon India Banking & PSU Debt Fund
Normal Dividend, Payout
₹18.9599
↑ 0.01
3.86 %6.48 %5.18 %6.92 %
Nippon India Banking & PSU Debt Fund
Normal Dividend, Reinvestment
₹18.9599
↑ 0.01
3.86 %6.48 %5.18 %6.92 %
Nippon India Banking & PSU Debt Fund
Weekly Dividend, Payout
₹10.2832
↑ 0.01
3.08 %5.68 %4.92 %6.32 %
Nippon India Banking & PSU Debt Fund
Weekly Dividend, Reinvestment
₹10.2832
↑ 0.01
3.08 %5.68 %4.92 %6.32 %
Nippon India Banking & PSU Debt Fund
Quarterly Dividend, Payout
₹10.7733
↑ 0.01
3.81 %6.35 %5.12 %6.29 %
Nippon India Banking & PSU Debt Fund
Quarterly Dividend, Reinvestment
₹10.7733
↑ 0.01
3.44 %7.19 %5.17 %6.28 %
Nippon India Banking & PSU Debt Fund
Monthly Dividend, Payout
₹10.6213
↓ -0.08
2.78 %5.35 %4.8 %6.24 %
Nippon India Banking & PSU Debt Fund
Monthly Dividend, Reinvestment
₹10.6213
↓ -0.08
3.47 %7.27 %5.21 %6.38 %
Data as on 22 May 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.