October 31, 2025
RA Jainee
Nippon India Banking and PSU Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 22.0156
Weekly NAV IDCW: Rs 10.3729
Quarterly NAV IDCW: Rs 10.9448
NAV IDCW: Rs 22.0156
NAV Bonus: Rs 22.0155
Suitable For Which Investors?
Banking and PSU funds invest mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions. They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.
The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.
Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.
Fund’s Investment Strategy:
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.
Fund Manager:
1) Pranay Sinha
Education: Mr. Sinha has done B.Tech in Aerospace Engg. from IIT Kharagpur and PGDM with Major in Finance from IIM Calcutta.
Experience: Prior to joining Nippon India Mutual Fund, he has worked with ABSLAMC, BNP Paribas Bank (October 2010 – August,2014) , Morgan Stanley Investment Management Pvt. Ltd. (March 2008 – October 2010) and ICICI Prudential Asset Management Co. Ltd. ( October 2005 – March 2008).
2) Vivek Sharma
Education: Mr. Vivek Sharma is a B.E (Electronics) and PGDM (Finance).
Experience: He has been associated with Nippon India Mutual Fund since 2006.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 100 |
| Min. No of Cheques | 60 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Nippon India Banking and PSU Fund
| Fund House | Nippon India Mutual Fund |
| Launch Date | 15-May-15 |
| Return Since Launch | 7.83% |
| Benchmark | CRISIL Banking and PSU Debt A-II |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 5,483 Cr |
| (As on 30-Sep-2025) | |
| Expense | 0.38% |
| (As on 30-Sep-2025) | |
| Risk Grade | Average |
| Return Grade | Above Average |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Nippon India Banking and PSU Dir | 7.10 | 0.03 | 0.82 | 1.22 | 3.04 | 8.39 | 8.02 | 6.33 | 7.92 | 7.71 |
| CCIL T Bill Liquidity Weight | 3.96 | 0.02 | 0.28 | 0.88 | 2.12 | 4.68 | 4.63 | 3.61 | 3.71 | 3.88 |
| Debt: Banking and PSU | 6.98 | 0.04 | 0.79 | 1.34 | 3.15 | 8.24 | 7.86 | 6.20 | 7.52 | 7.52 |
| Rank within category | 8 | 13 | 7 | 19 | 16 | 5 | 3 | 7 | 3 | 6 |
| Number of funds in category | 21 | 21 | 21 | 21 | 21 | 21 | 20 | 18 | 16 | 13 |
Peer Comparison of Nippon India Banking and PSU Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| Nippon India Banking and PSU Dir | 3 star | 8.39 | 8.02 | 6.33 | 0.38 | 5,483 | 7.83 | — | 10Y 5M |
| Bandhan Banking and PSU Dir | 4 star | 7.97 | 7.62 | 6.09 | 0.36 | 13,082 | 7.80 | — | 12Y 7M |
| Axis Banking & PSU Debt Dir | 4 star | 8.35 | 7.67 | 6.11 | 0.35 | 13,056 | 7.86 | — | 12Y 9M |
| ICICI Pru Banking & PSU Debt Dir | 5 star | 8.37 | 8.00 | 6.71 | 0.39 | 9,744 | 8.20 | — | 12Y 9M |
| ABSL Banking & PSU Debt Dir | 4 star | 8.31 | 7.93 | 6.33 | 0.39 | 9,057 | 8.45 | — | 12Y 9M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 106 | 67 |
| Macaulay Duration (yrs) | 4.10 | 3.18 |
| Average Maturity (yrs) | 5.36 | 4.33 |
| Yield to Maturity (%) | 6.95 | 6.69 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Nippon India Banking and PSU Fund
WILL POST SOON
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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