Nippon India Banking and PSU Debt Fund - Weekly Dividend Plan-IDCW Payout Option
Nippon India Mutual Fund
₹10.25 (+0.03%)
NAV as of 9 Oct 2026
Minimum Investment: ₹5,000
Return
3.99% Returns for 1Y
Expense ratio & Others
- Net expense ratio
- 0.77%
- Exit load
- 0%
- Lock-in
- No
- Minimum investment
- ₹5,000
- Category
- Banking & PSU
Expense ratio is inclusive of GST. Returns may be taxed based on the fund type and your holding period — please read the scheme-related documents and consult a tax advisor. Figures are historical and do not guarantee future results.
Fund Returns Estimator
One-time investment
₹1,000
6 months
₹1,024
Invested ₹1,000
▲+2.44%1 year
₹1,040
Invested ₹1,000
▲+3.99%3 years
₹1,067
Invested ₹1,000
▲+6.71%5 years
₹1,058
Invested ₹1,000
▲+5.78%
Based on the fund’s historic trailing returns — a planning illustration, not a guarantee of future results.
Invest One-TimePlan it your way
The figures above are fixed to this fund’s past returns over set periods. Use a calculator to set your own amount, tenure and expected rate of return.
Risk level
Riskometer scale
- Low
- Low to Moderate
- ModerateThis fund
- Moderate to High
- High
- Very High
Riskometer level assigned by the fund house as per SEBI norms. It can change as the scheme’s portfolio changes.
Fund benchmark
| Primary Index Name | CRISIL Banking & PSU Debt A-II TR INR |
|---|---|
| Secondary Index Name | CRISIL Banking & PSU Debt A-II TR INR |
| Index Name | CRISIL Banking and PSU Debt A-II TR INR |
| Weighting | 100% |
Returns
| 1Y | 3Y | 5Y | 10Y | |
|---|---|---|---|---|
| Fund returns (%) | +3.99% | +6.71% | +5.78% | — |
| Cumulative returns (%) | +3.99% | +21.50% | +32.44% | +78.57% |
Fund Manager
| Manager | Amber Singhania |
|---|---|
| Role | Manager |
| Manager Tenure | 0.56 yrs |
About Fund
| Date of Incorporation | 15 May 2015 |
|---|---|
| Fund House | Nippon India Mutual Fund |
| Custodian | Deutsche Bank AG |
| Registrar / Transfer Agent | Nippon Life India Asset Management Ltd |
| Address | 1 Great Winchester Street |
Top Holdings
| Company | Weightage (%) |
|---|---|
| 7.26% Gs 2033 | 4.41% |
| 6.94% Govt Stock 2036 | 4.30% |
| National Bank For Agriculture And Rural Development | 3.54% |
| National Bank For Agriculture And Rural Development | 3.45% |
| Small Industries Development Bank Of India | 3.43% |
| 6.79% Govt Stock 2034 | 3.27% |
| 6.48% Govt Stock 2035 | 3.14% |
| 7.02% Gs 2031 | 3.02% |
| 6.68% Govt Stock 2040 | 2.94% |
| 6.33% Govt Stock 2035 | 2.85% |
| 6.36% Govt Stock 2031 | 2.85% |
| National Housing Bank | 2.58% |
| 6.28% Gs 2032 | 2.54% |
| Small Industries Development Bank Of India | 2.50% |
| Rural Electrification Corporation Limited | 2.47% |
| Small Industries Development Bank Of India | 2.45% |
| 7.18% Govt Stock 2033 | 2.33% |
| 7.18% Govt Stock 2037 | 2.31% |
| Indian Railway Finance Corporation Limited | 2.31% |
| 6.92% Govt Stock 2039 | 2.12% |
| Union Bank Of India | 2.01% |
| Sbi General Insurance Company Limited | 2.01% |
| Nuclear Power Corporation Of India Limited | 1.98% |
| Power Finance Corporation Limited | 1.98% |
| 7.17% Tamilnadu SDL 2029 | 1.98% |
| Kotak Mahindra Bank Ltd. | 1.97% |
| 7.26% Govt Stock 2032 | 1.97% |
| India (Republic of) | 1.94% |
Investment Strategy
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.
The fund's portfolio duration will be maintained between 1.5 - 3.5 years. The fund will tactically use up to 10 years G-Secs/ SDLs/ AAA Bonds to generate alpha. Strategy is to capture opportunity on the desired part of yield curve depending on the interest rate expectations going forward.
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully. The data shown is for information only and does not constitute investment advice.