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Mutual Funds

Nippon India Banking and PSU Fund

Ni

Nippon India Banking and PSU Fund

Banking and PSURank #6
2/5

NAV (2026-07-14)

21.88

AUM

₹2,023 Cr

Exp. Ratio: 0.78%

RISK LEVEL

Moderate

Returns & Performance

1 Year4.63%0.14% vs cat avgRank #14
3 Year6.87%0.02% vs cat avgRank #9
5 Year5.98%0.01% vs cat avgRank #7
Since Launch7.26%--

Fund vs Category Average

1Y
4.63%-0.14%
3Y
6.87%+0.02%
5Y
5.98%+0.01%

Pros & Cons

Pros

Strong 3Y track record vs category
Above category avg 5Y returns
No lock-in period
Decent 1Y category rank (#14)
Overall top-10 rank in category (#6)

Cons

1Y returns trail category average
ISININF204KA1T56
NAV₹21.88
NAV Date2026-07-14
AUM₹2,023 Cr
Expense Ratio0.78%
RiskModerate
Rating2 / 5
Min SIP Amount₹100
Max SIP Amount₹999999999
Min Additional Inv.₹1000
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.1995-06-30

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.

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

Holdings data not available for this scheme