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.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.
Amber Singhania
MMS Finance (Mumbai University)
Prior to joining the Nippon India AMC, he was associated with Asian Markets Securities Pvt. Ltd.
Top Holdings
Company
Sector
Asset Value (Cr)
Asset %
REC Ltd. 7.77 31/03/2028
Financial
₹125.82
2.40
Indian Railway Finance Corporation Ltd. 7.57 18/04/2029
Financial
₹121.16
2.31
Axis Bank Ltd. 8.85 05/12/2024
Financial
₹115.20
2.16
Union Bank of India 7.8 29/11/2032
Financial
₹103.60
1.97
Power Finance Corporation Ltd. 7.77 15/04/2028
Financial
₹100.67
1.92
Power Grid Corporation Of India Ltd. 7.02 12/12/2035
Energy
₹98.89
1.88
Bank Of Baroda 03/02/2027
Financial
₹96.61
1.84
NTPC Ltd. 7.26 20/03/2040
Energy
₹100.65
1.80
Power Grid Corporation Of India Ltd. 7.56 31/03/2033
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Nippon India Banking and PSU Debt Fund is ₹21.95 as of 2026-08-25.
Nippon India Banking and PSU Debt Fund is classified as a Banking and PSU fund.
The Assets Under Management (AUM) of Nippon India Banking and PSU Debt Fund is ₹2,023 Cr.
The expense ratio of Nippon India Banking and PSU Debt Fund is 0.78%.
Nippon India Banking and PSU Debt Fund is managed by Amber Singhania.
The minimum SIP investment for Nippon India Banking and PSU Debt Fund is ₹100.
As per the SEBI Riskometer, Nippon India Banking and PSU Debt Fund carries a Moderate risk level.
Nippon India Banking and PSU Debt Fund has delivered 4.95% (1Y), 6.81% (3Y) and 5.87% (5Y) annualised returns as of 2026-08-25.
Nippon India Banking and PSU Debt Fund was launched on 1995-06-30.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
