Nippon India Banking & PSU Debt Fund- Growth Plan- Growth Option

(Erstwhile Reliance Banking & PSU Debt Fund- Growth Plan- Growth Option)

Category: Debt: Banking and PSU
Launch Date: 10-05-2015
Asset Class: Fixed Income
Benchmark: NIFTY Banking and PSU Debt Total Return Index
Expense Ratio: 0.78% As on (31-07-2024)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 5,345.36 Cr As on (31-07-2024)
Turn over:
NAV as on 13-09-2024

19.463

0.01 (0.0704%)

CAGR Since Inception

7.38%

NIFTY Banking and PSU Debt Total Return Index 8.8%

PERFORMANCE of Nippon India Banking & PSU Debt Fund- Growth Plan- Growth Option

Scheme Performance (%) Data as on - 13-09-2024

1-Year Ret (%) 3-Yrs Ret (%) 5-Yrs Ret (%) 10-Yrs Ret (%) Since Launch Ret (%)
Nippon India Banking & PSU Debt Fund- Growth Plan- Growth Option 7.67 5.49 6.5 - 7.38
Benchmark - - - - -
Debt: Banking and PSU 7.5 5.41 6.28 7.2 6.81

Yearly Performance (%)

Nav Movement

Fund Managers

Vivek Sharma, Pranay Sinha, Kinjal Desai

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.

RETURNS CALCULATOR for Nippon India Banking & PSU Debt Fund- Growth Plan- Growth Option

Growth of 10000 In SIP (Fund vs Benchmark)

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Growth of 10000 In LUMPSUM (Fund vs Benchmark)

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Rolling Returns

Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.

Riskometer

Key Performance and Risk Statistics of Nippon India Banking & PSU Debt Fund- Growth Plan- Growth Option

Key Statistics Volatility Sharpe Ratio Alpha Beta Yield to Maturity Average Maturity
Nippon India Banking & PSU Debt Fund- Growth Plan- Growth Option 1.15 -0.22 4.03 2.14 7.39 5.52
Debt: Banking and PSU - - - - - -

PEER COMPARISION of Nippon India Banking & PSU Debt Fund- Growth Plan- Growth Option

Period
Data as on - 13-09-2024
Scheme Name Launch
Date
1-Year
Ret (%)
2-Yrs
Ret (%)
3-Yrs
Ret (%)
5-Yrs
Ret (%)
10-Yrs
Ret (%)
Nippon India Banking & PSU Debt Fund- Growth Plan- Growth Option 10-05-2015 7.67 6.96 5.49 6.5 0.0
DSP Banking & PSU Debt Fund - Regular Plan - Growth 05-09-2013 8.42 7.31 5.66 6.5 7.48
Invesco India Banking and PSU Fund - Growth Option 24-12-2012 8.13 6.9 4.72 5.61 6.47
Edelweiss Banking and PSU Debt Fund - Regular Plan - Growth Option 06-09-2013 7.92 6.74 5.4 7.0 7.71
Kotak Banking and PSU Debt - Growth 29-12-1998 7.85 7.09 5.74 6.62 7.52
Sundaram Banking & PSU Fund (Formerly Known as Sundaram Banking and PSU Debt Fund) Regular Plan - Growth 30-12-2004 7.85 7.01 5.43 5.7 6.74
Aditya Birla Sun Life Banking & PSU Debt Fund - Regular Plan-Growth 05-04-2008 7.66 6.98 5.64 6.54 7.8
Aditya Birla Sun Life Banking & PSU Debt Fund - Retail Plan-Growth 19-04-2002 7.66 6.98 5.64 6.54 7.8
HDFC Banking and PSU Debt Fund - Growth Option 03-03-2014 7.55 6.97 5.52 6.49 7.53
Franklin India Banking & PSU Debt Fund - Growth 05-04-2014 7.53 6.78 5.44 6.2 7.33

PORTFOLIO ANALYSIS of Nippon India Banking & PSU Debt Fund- Growth Plan- Growth Option

Asset Allocation (%)