Nippon India Banking and PSU Debt Fund

Banking & PSUDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

Nippon India Banking and PSU Debt Fund is a Banking & PSU fund run by Nippon India Mutual Fund. On 30-09-2026, it managed ₹5,057 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 6.9% a year and its Regular plan returned 6.5% a year.

NAV (Direct plan): ₹22.84; ▲ 0.04%30-10-2026
NAV (Regular plan): ₹21.90; ▲ 0.04%30-10-2026
Expense ratio: 0.39%Direct0.78%Regular; 0.39%; A year
Riskometer: Moderate; Set by the fund house
3 year return: 6.9%Direct6.5%Regular; 6.9%; A year

Nippon India Banking and PSU Debt Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹22.84 (up 0.04% that day); Regular Plan Growth ₹21.90 (up 0.04% that day).

This fund (Direct plan)

₹22.8423

Nippon India Banking and PSU Debt Fund Returns vs Banking & PSU Funds

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−0.28%	−0.10%	+2.36%	+3.76%	+6.88%	+6.13%	+7.10%
This fund (Regular)	−0.31%	−0.20%	+2.16%	+3.35%	+6.46%	+5.69%	+6.68%
Banking & PSU average	−0.21%	+0.14%	+2.36%	+4.04%	+6.88%	+6.22%	+6.95%
Best in Banking & PSU	+0.29%	+1.41%	+3.21%	+5.74%	+7.47%	+7.79%	+7.22%
Worst in Banking & PSU	−0.45%	−0.53%	+1.89%	+2.97%	+6.32%	+5.58%	+6.46%
Rank in Banking & PSU	11/19	12/19	8/19	13/19	8/18	9/16	4/13

Category rows compare the Direct plans of 19 Banking & PSU funds. Rank 1 is the highest return. This fund's benchmark is CRISIL Banking and PSU Debt A-II Index. Returns of that index are not available to us, so the category average is the comparison.

Nippon India Banking and PSU Debt Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	+3.17%	+2.83%
2025	+7.71%	+7.29%
2024	+8.28%	+7.85%
2023	+7.25%	+6.80%
2022	+3.65%	+3.17%
2021	+4.34%	+3.86%

Nippon India Banking and PSU Debt Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,046 periods, one for each trading day from 18-05-2018 to 30-10-2026.

0%2%4%6%8%10%

Jan 2016
to
Jan 2019Jun 2017
to
Jun 2020Dec 2018
to
Dec 2021May 2020
to
May 2023Oct 2021
to
Oct 2024Feb 2023
to
Feb 2026

Nippon India Banking and PSU Debt Fund (Direct)Category average, 19 Banking & PSU funds

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	2,531	7.6%	2.4%	13.5%	0%	7.5%	64%
2 years	2,289	7.7%	3.8%	12.1%	0%	7.5%	67%
3 years	2,046	7.7%	4.9%	9.9%	0%	7.6%	77%
5 years	1,567	7.4%	6.0%	9.4%	0%	7.1%	95%
7 years	1,080	7.5%	6.7%	8.1%	0%	7.3%	100%
10 years	354	7.6%	7.1%	8.0%	0%	7.5%	100%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	126	7.6%	1.5%	14.0%	0%	7.4%	65%
2 years	114	7.4%	3.2%	12.8%	0%	7.1%	65%
3 years	102	7.2%	4.6%	11.3%	0%	7.2%	76%
5 years	78	6.8%	6.3%	9.9%	0%	6.8%	91%
7 years	54	7.0%	6.5%	7.7%	0%	6.8%	100%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 19 Banking & PSU funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

Nippon India Banking and PSU Debt Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Nippon India Banking and PSU Debt Fund (Direct)This fund	Category average
Return (CAGR)	+3.76%	+4.04%
Standard deviation	1.47%	1.18%
Sharpe ratio	-1.01	-1.02
Sortino ratio	-1.39	-1.39
Maximum drawdown	−0.69% (23-10-2026)	−0.54% (02-04-2026)

From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Nippon India Banking and PSU Debt Fund (Direct)This fund	Category average
Return (CAGR)	+6.88%	+6.89%
Standard deviation	1.20%	1.00%
Sharpe ratio	0.71	0.87
Sortino ratio	1.04	1.29
Maximum drawdown	−0.69% (23-10-2026)	−0.54% (02-04-2026)

From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Nippon India Banking and PSU Debt Fund (Direct)This fund	Category average
Return (CAGR)	+6.13%	+6.19%
Standard deviation	1.12%	0.98%
Sharpe ratio	0.29	0.39
Sortino ratio	0.40	0.54
Maximum drawdown	−1.1% (09-05-2022)	−0.91% (05-05-2022)

From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Nippon India Banking and PSU Debt Fund (Direct)This fund	Category average
Return (CAGR)	+7.10%	+6.96%
Standard deviation	1.72%	1.60%
Sharpe ratio	0.99	0.98
Sortino ratio	1.61	1.59
Maximum drawdown	−3.2% (23-03-2020)	−3.2% (23-03-2020)

From daily NAVs, 28-10-2016 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Nippon India Banking and PSU Debt Fund (Direct)This fund	Category average
Return (CAGR)	+7.46%	+7.30%
Standard deviation	1.64%	1.52%
Sharpe ratio	1.15	1.13
Sortino ratio	1.89	1.84
Maximum drawdown	−3.2% (23-03-2020)	−3.2% (23-03-2020)

From daily NAVs, 18-05-2015 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−4%−3%−2%−1%0%

201620182020202220242026

Nippon India Banking and PSU Debt Fund (Direct)Category average, 19 Banking & PSU funds

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Nippon India Banking and PSU Debt Fund (Direct)	−3.2%	09-03-2020	23-03-2020	27-03-2020	4 days	−0.56%
Category average	−3.2%	06-03-2020	23-03-2020	20-04-2020	28 days	−0.37%

From the Direct plan's daily NAV since 18-05-2015, adjusted for unit splits, and the average of the 19 Banking & PSU funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Nippon India Banking and PSU Debt Fund vs Other Banking & PSU Funds

The five Banking & PSU funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
UTI Banking & PSU Debt Fund	1/18	1,448	0.24%	+5.74%	+7.47%	--	--	1.92	3.16	Compare
Franklin India Banking & PSU Debt Fund	2/18	565	0.23%	+5.39%	+7.31%	--	--	1.31	2.00	Compare
LIC MF Banking & PSU Debt Fund	3/18	1,598	0.28%	+4.25%	+7.11%	--	--	1.02	1.54	Compare
SBI Banking & PSU Debt Fund	4/18	3,512	0.41%	+4.41%	+7.07%	--	--	1.04	1.57	Compare
Kotak Banking and PSU Debt Fund	5/18	4,761	0.40%	+4.03%	+7.01%	--	--	0.86	1.26	Compare
Nippon India Banking and PSU Debt Fund	8/18	5,057	0.39%	+3.76%	+6.88%	--	--	0.71	1.04

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

Nippon India Banking and PSU Debt Fund Expense Ratio and Costs

What each plan charges a year, in force from 01-09-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Banking & PSU median	Cost rank (1 = cheapest)
Direct	0.33%	0.00%	0.00%	0.06%	0.39%	0.36%	12/19
Regular	0.66%	0.00%	0.00%	0.12%	0.78%	0.70%	17/19

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Banking & PSU funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	3.35%	3.76%	0.41%	₹1,03,350	₹1,03,760
3 years	6.46%	6.88%	0.42% a year	₹1,20,659	₹1,22,093
5 years	5.69%	6.13%	0.44% a year	₹1,31,877	₹1,34,645
10 years	6.68%	7.10%	0.42% a year	₹1,90,911	₹1,98,561

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Nippon India Banking and PSU Debt Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 18-05-2015 to 30-10-2026: 138 instalments, ₹13,80,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planNippon India Banking and PSU Debt Fund (Direct)	₹13,80,000	₹20,84,753	₹7,04,753	6.9%
Regular planNippon India Banking and PSU Debt Fund (Regular)	₹13,80,000	₹20,30,058	₹6,50,058	6.5%
Category averageCategory average, 19 Banking & PSU funds	₹13,80,000	₹20,69,388	₹6,89,388	6.8%

₹0₹5.0 L₹10.0 L₹15.0 L₹20.0 L₹25.0 L

201620182020202220242026

Direct planNippon India Banking and PSU Debt Fund (Direct)Regular planNippon India Banking and PSU Debt Fund (Regular)Category averageCategory average, 19 Banking & PSU fundsAmount invested

From each plan's published NAV (Growth option) and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

Nippon India Banking and PSU Debt Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

92.9%Debt

Asset	Fund	Category
Debt	92.9%	91.5%
Cash and others	7.1%	8.5%

Credit rating

Bonds and money market papers by credit rating, % of the fund. Category: the average of 19 Banking & PSU funds.

Rating	Fund	Category
Sovereign	11.3%	8.9%
AAA and A1+	81.6%	81.8%

Nippon India Banking and PSU Debt Fund Portfolio Holdings

As on 30-09-2026 · 109 holdings · from the fund house's monthly portfolio

Holdings	Rating	Weight%
7.61% Government of India · Government security	SOVEREIGN	4.03%
7.48% National Bank For Agriculture and Rural Development · Bond	CRISIL AAA	3.54%
Small Industries Dev Bank of India · Bond	CRISIL AAA	3.47%
7.68% National Bank For Agriculture and Rural Development · Bond	CRISIL AAA	3.45%
7.59% National Housing Bank · Bond	CRISIL AAA	2.57%
7.77% REC Limited · Bond	CRISIL AAA	2.47%
7.34% Small Industries Dev Bank of India · Bond	CRISIL AAA	2.45%
7.8% Union Bank of India · Bond	ICRA AAA	2.01%
7.7% Nuclear Power Corporation Of India Limited · Bond	ICRA AAA	1.98%
Bank of Baroda · Certificate of deposit	CARE A1+	1.94%
7.02% Power Grid Corporation of India Limited · Bond	CRISIL AAA	1.92%
7.79% Bajaj Finance Limited · Bond	CRISIL AAA	1.90%
7.57% Indian Railway Finance Corporation Limited · Bond	CRISIL AAA	1.87%
8.54% REC Limited · Bond	CRISIL AAA	1.71%
7.56% Power Grid Corporation of India Limited · Bond	CRISIL AAA	1.67%
Power Finance Corporation Limited · Bond	CRISIL AAA	1.57%
7.45% Export Import Bank of India · Bond	CRISIL AAA	1.48%
Mahindra & Mahindra Financial Services Limited · Bond	CRISIL AAA	1.48%
Tata Capital Limited · Bond	CRISIL AAA	1.48%
Bank of Baroda · Certificate of deposit	FITCH A1+	1.46%
7.85% Bharti Telecom Limited · Bond	CRISIL AAA	1.46%
Bank of Baroda · Certificate of deposit	CARE A1+	1.45%
7.55% Indian Railway Finance Corporation Limited · Bond	CRISIL AAA	1.38%
8.45% Indian Railway Finance Corporation Limited · Bond	CRISIL AAA	1.26%
7.4% Power Grid Corporation of India Limited · Bond	CRISIL AAA	1.22%
7.86% HDFC Bank Limited · Bond	CRISIL AAA	1.17%
7.65% HDFC Bank Limited · Bond	CRISIL AAA	1.16%
7.83% Small Industries Dev Bank of India · Bond	CRISIL AAA	1.09%
7.55% REC Limited · Bond	CRISIL AAA	0.99%
8.2% Tata Capital Housing Finance Limited · Bond	CRISIL AAA	0.99%
7.77% Power Finance Corporation Limited · Bond	CRISIL AAA	0.99%
8.25% Bajaj Housing Finance Limited · Bond	CRISIL AAA	0.99%
7.59% National Housing Bank · Bond	CRISIL AAA	0.99%
7.58% REC Limited · Bond	ICRA AAA	0.98%
7.42% Power Finance Corporation Limited · Bond	CRISIL AAA	0.98%
8.15% JIO Credit Limited · Bond	CRISIL AAA	0.98%
7.4% Export Import Bank of India · Bond	CRISIL AAA	0.98%
7.49% Small Industries Dev Bank of India · Bond	CRISIL AAA	0.98%
7.31% State Government Securities · State government security	SOVEREIGN	0.97%
Bank of Baroda · Certificate of deposit	CARE A1+	0.97%
6.67% ICICI Bank Limited · Bond	ICRA AAA	0.97%
Punjab National Bank · Certificate of deposit	CRISIL A1+	0.97%
Punjab National Bank · Certificate of deposit	CARE A1+	0.97%
Export Import Bank of India · Commercial paper	CRISIL A1+	0.97%
7.22% Small Industries Dev Bank of India · Bond	CRISIL AAA	0.97%
6.59% Power Finance Corporation Limited · Bond	CRISIL AAA	0.95%
Shivshakti Securitisation Trust	CRISIL AAA(SO)	0.94%
7.91% State Government Securities · State government security	SOVEREIGN	0.80%
6.94% Government of India · Government security	SOVEREIGN	0.78%
7.11% State Government Securities · State government security	SOVEREIGN	0.77%
7.7% National Highways Authority Of India · Bond	CRISIL AAA	0.60%
7.06% State Government Securities · State government security	SOVEREIGN	0.59%
6.91% State Government Securities · State government security	SOVEREIGN	0.59%
Indian Railway Finance Corporation Limited · Bond	CRISIL AAA	0.59%
8.23% Indian Railway Finance Corporation Limited · Bond	CRISIL AAA	0.50%
7.59% Power Finance Corporation Limited · Bond	CRISIL AAA	0.49%
7.64% Power Finance Corporation Limited · Bond	CRISIL AAA	0.49%
7.6% Power Finance Corporation Limited · Bond	CRISIL AAA	0.49%
7.45% Power Finance Corporation Limited · Bond	CRISIL AAA	0.49%
7.25% Nuclear Power Corporation Of India Limited · Bond	CRISIL AAA	0.49%
7.62% National Bank For Agriculture and Rural Development · Bond	CRISIL AAA	0.49%
7.64% National Bank For Agriculture and Rural Development · Bond	ICRA AAA	0.49%
7.14% Export Import Bank of India · Bond	CRISIL AAA	0.49%
6.36% Government of India · Government security	SOVEREIGN	0.48%
7.06% Government of India · Government security	SOVEREIGN	0.48%
7.15% State Government Securities · State government security	SOVEREIGN	0.48%
7.08% Indian Railway Finance Corporation Limited · Bond	CRISIL AAA	0.48%
7.55% L&T Metro Rail (Hyderabad) Limited · Bond	CRISIL AAA(CE)	0.48%
7.4% Bharti Telecom Limited · Bond	CRISIL AAA	0.48%
Canara Bank · Certificate of deposit	CRISIL A1+	0.48%
7.2% National Housing Bank · Bond	CARE AAA	0.48%
6.43% NTPC Limited · Bond	CRISIL AAA	0.47%
National Highways Infra Trust · Bond	CARE AAA	0.42%
7.01% National Bank For Agriculture and Rural Development · Bond	CRISIL AAA	0.39%
7.5% NHPC Limited · Bond	ICRA AAA	0.39%
6.67% National Bank For Financing Infrastructure And Development · Bond	CRISIL AAA	0.38%
7.34% Numaligarh Refinery Limited · Bond	CRISIL AAA	0.38%
Corporate Debt Market Development Fund Class A2		0.34%
1.5% HDFC Bank Limited · Bond	CRISIL AAA	0.30%
8.2% National Bank For Agriculture and Rural Development · Bond	CRISIL AAA	0.30%
7.49% Power Grid Corporation of India Limited · Bond	CRISIL AAA	0.30%
7.13% State Government Securities · State government security	SOVEREIGN	0.29%
7.78% Kotak Mahindra Prime Limited	CRISIL AAA	0.29%
7.68% Indian Railway Finance Corporation Limited · Bond	CRISIL AAA	0.26%
7.69% ICICI Prudential Life Insurance Company Limited · Bond	CRISIL AAA	0.24%
7.7% State Government Securities · State government security	SOVEREIGN	0.20%
8.48% State Government Securities · State government security	SOVEREIGN	0.20%
8.55% REC Limited · Bond	CRISIL AAA	0.20%
7.56% REC Limited · Bond	ICRA AAA	0.20%
8.4% Power Grid Corporation of India Limited · Bond	CRISIL AAA	0.20%
7.63% State Government Securities · State government security	SOVEREIGN	0.18%
7.49% State Government Securities · State government security	SOVEREIGN	0.10%
7.71% REC Limited · Bond	CRISIL AAA	0.10%
7.71% Tata Capital Housing Finance Limited · Bond	CRISIL AAA	0.10%
8.22% National Bank For Agriculture and Rural Development · Bond	CRISIL AAA	0.10%
7.44% National Bank For Agriculture and Rural Development · Bond	CRISIL AAA	0.10%
7.27% National Bank For Agriculture and Rural Development · Bond	CRISIL AAA	0.10%
7.51% Small Industries Dev Bank of India · Bond	CRISIL AAA	0.10%
7.36% Power Grid Corporation of India Limited · Bond	CRISIL AAA	0.10%
7.04% State Government Securities · State government security	SOVEREIGN	0.08%
7.32% Government of India · Government security	SOVEREIGN	0.07%
7.12% State Government Securities · State government security	SOVEREIGN	0.06%
7.17% State Government Securities · State government security	SOVEREIGN	0.04%
7.62% National Bank For Agriculture and Rural Development · Bond	CRISIL AAA	0.04%
7.04% Government of India · Government security	SOVEREIGN	0.03%
6.17% Government of India · Government security	SOVEREIGN	0.02%
7.44% State Government Securities · State government security	SOVEREIGN	0.01%
8.12% NHPC Limited · Bond	CARE AAA	0.00%
8.27% National Highways Authority Of India · Bond	CRISIL AAA	0.00%

Nippon India Banking and PSU Debt Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Nippon India Corporate Bond FundCorporate Bond · Nippon India	23.8%	29	Compare
Nippon India Floating Interest Rates FundFloater · Nippon India	18.1%	28	Compare
Axis Banking and PSU Debt FundBanking & PSU · Axis	16.8%	28	Compare
AXIS Corporate Bond FundCorporate Bond · Axis	16.3%	28	Compare
HDFC Banking and PSU Debt FundBanking & PSU · HDFC	15.0%	22	Compare
Kotak Corporate Bond FundCorporate Bond · Kotak Mahindra	14.6%	19	Compare
Nippon India Short Term FundShort Duration · Nippon India	13.7%	17	Compare
Bandhan Banking and PSU Debt FundBanking & PSU · Bandhan	13.3%	20	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

Nippon India Banking and PSU Debt Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.39%
Expense ratio (Regular): 0.78%
Category: Banking & PSU
Risk: Moderate
Benchmark: CRISIL Banking and PSU Debt A-II Index
Launch date: 15-05-2015
Minimum investment: ₹5,000
Minimum additional investment: ₹1,000
AUM: ₹5,056.71 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 134547
ISIN (Direct): INF204KA1U53
Scheme code (Regular): 134545
ISIN (Regular): INF204KA1T56
NAV history: From 18-05-2015, 11.5 years

Exit load: Nil

Tax on Nippon India Banking and PSU Debt Fund returns

Nippon India Banking and PSU Debt Fund is taxed as a debt fund: 65% or more of it is in bonds and money market papers.
For units bought on or after 01-04-2023, the gain is added to your income and taxed at your slab rate, however long you hold the units.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Bonus	₹22.8415	30-10-2026
direct	Growth	₹22.8423	30-10-2026
direct	IDCW	₹22.8423	30-10-2026
direct	Monthly IDCW	₹10.7129	30-10-2026
direct	Quarterly IDCW	₹10.7644	30-10-2026
direct	Weekly IDCW	₹10.2274	30-10-2026
regular	Growth	₹21.896	30-10-2026
regular	Weekly IDCW	₹10.2226	30-10-2026
regular	IDCW	₹21.896	30-10-2026
regular	Monthly IDCW	₹10.6392	30-10-2026
regular	Quarterly IDCW	₹10.6967	30-10-2026

About Nippon India Banking and PSU Debt Fund

Nippon India Banking and PSU Debt Fund is a mutual fund from Nippon India Mutual Fund. Its category is Banking & PSU. It was launched on 15-05-2015. Its benchmark is CRISIL Banking and PSU Debt A-II Index. At the end of September 2026 it held 109 securities.

Fund Manager

Pranay Sinha
Fund manager of Nippon India Banking and PSU Debt Fund, since 01-03-2021
Vivek Sharma
Fund manager of Nippon India Banking and PSU Debt Fund, since 01-06-2020

See all funds of Nippon India Mutual Fund

AUM change

September 2026: ₹5,056.71 Cr; −1.81% from August 2026
August 2026: ₹5,149.77 Cr; −1.84% from July 2026
July 2026: ₹5,246.16 Cr; −1.15% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

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Frequently Asked Questions for Nippon India Banking and PSU Debt Fund

What is the current NAV of Nippon India Banking and PSU Debt Fund?

The Direct plan NAV is ₹22.8423. The Regular plan NAV is ₹21.896, as on 30-10-2026.

What are the returns of Nippon India Banking and PSU Debt Fund?

The Direct plan returned +3.76% in 1 year, +6.88% a year over 3 years, +6.13% a year over 5 years. The Regular plan returned +3.35% in 1 year, +6.46% a year over 3 years, +5.69% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of Nippon India Banking and PSU Debt Fund?

The Direct plan charges 0.39% a year. The Regular plan charges 0.78% a year. This is the figure the fund house reported to AMFI, in force from 01-09-2026.

What is the AUM of Nippon India Banking and PSU Debt Fund?

Nippon India Banking and PSU Debt Fund managed ₹5,056.71 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Nippon India Banking and PSU Debt Fund?

At the end of September 2026 the largest holdings were 7.61% Government of India (4.03%), 7.48% National Bank For Agriculture and Rural Development (3.54%), Small Industries Dev Bank of India (3.47%), 7.68% National Bank For Agriculture and Rural Development (3.45%), 7.59% National Housing Bank (2.57%). The fund held 109 securities in all.

How do I invest in Nippon India Banking and PSU Debt Fund?

Through Nippon India Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹5,000. You can invest once or through a monthly SIP.

Who is the fund manager of Nippon India Banking and PSU Debt Fund?

Pranay Sinha (since 01-03-2021), Vivek Sharma (since 01-06-2020).

What is the exit load of Nippon India Banking and PSU Debt Fund?

Nil

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.