Nippon India Banking and PSU Debt Fund
Nippon India Mutual Fund · Banking & PSU · Regular plan, growth option
NAV (₹), 1 Oct 2026
21.9605
1-day change
-0.02%
1Y return
4.3%
3Y CAGR
6.6%
5Y CAGR
5.8%
Max drawdown, 5Y
−1.2%
NAV history month-end NAV, ₹ · 18 May 2015 to 1 Oct 2026
Returns vs Banking & PSU median (20 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | 0.1% | 0.1% |
| 3 months | 0.2% | 0.3% |
| 6 months | 3.0% | 2.9% |
| Year to date | 3.1% | 3.1% |
| 1 year | 4.3% | 4.4% |
| 3 years (CAGR) | 6.6% | 6.7% |
| 5 years (CAGR) | 5.8% | 5.8% |
| 7 years (CAGR) | 6.4% | 6.4% |
| 10 years (CAGR) | 6.8% | 6.7% |
| Since first NAV (CAGR) | 7.1% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 7.2% | 7.5% |
| 3Y rolling median | 7.3% | 7.3% |
| 3Y rolling worst | 4.4% | 4.4% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 6.9% | 6.9% |
| 5Y rolling worst | 5.6% | 5.6% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 1.8% | 1.5% |
| Sharpe ratio | 0.03 | 0.04 |
| Sortino ratio | 0.04 | 0.07 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −3.2% | −3.1% |
| Maximum drawdown, last 10Y | −3.2% | −3.1% |
| Maximum drawdown, last 5Y | −1.2% | −1.1% |
| Current drawdown | −0.4% | −0.3% |
| Recovery time of worst fall | 4 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Market context from Integrato Market Intelligence
This scheme invests mainly in the market below, which is also close to how many of them are benchmarked. Where that market stands today:
6.78%
1 Jul 2026 · +0.43 pp in a year · 5Y average 6.90%
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 0.78% a year and the Direct plan's 0.39%, a gap of 0.39%; over the last 3 years the Direct plan returned 0.42 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹10,04,745.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| FM 1 Pranay Sinha | FM 1 Comanage | 1 Mar 2021 |
| FM 2 Vivek Sharma | FM 2 Comanage | 1 Jun 2020 |
Objective: 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 (PFIs). There is no assurance that the investment objective of the Scheme will be achieved.
Stated asset allocation: Debt and Money Market Instruments issued by Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs) & Municipal Bonds; Maximum 100%, Minimum 80%. Debt and Money Market Instruments issued by other entities, Government Securities issued by Central & State Government; Maximum 20%, Minimum 0%. Units issued by REITs and InvITs; Maximum 10%, Minimum 0%.
Benchmark (tier 1): CRISIL Banking and PSU Debt A-II Index
Minimum application: ₹5,000
Allotment date: 15 May 2015
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 0.78% | 0.71% |
| AUM, whole scheme (₹ crore) | 5,057 | 2,863 |
| Riskometer | Moderate | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 4.5% | 4.8% TRI |
| Return, 3 years (AMFI) | 6.6% | 6.6% TRI |
| Return, 5 years (AMFI) | 5.8% | 5.9% TRI |
| Month-ends above category median (3Y CAGR) | 69% | 48% median |
| Month-ends in category top quartile (3Y) | 23% | 23% median |
| 7Y rolling CAGR, median (monthly windows) | 7.1% | 7.1% median |
Official benchmark: CRISIL Banking and PSU Debt A-II Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Banking & PSU Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 3.1% | n/a | – |
| 2025 | 7.3% | n/a | – |
| 2024 | 7.9% | n/a | – |
| 2023 | 6.8% | n/a | – |
| 2022 | 3.2% | n/a | – |
| 2021 | 3.9% | n/a | – |
| 2020 | 10.9% | n/a | – |
| 2019 | 10.5% | n/a | – |
| 2018 | 6.4% | n/a | – |
| 2017 | 6.0% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,22,793 | 4.3% |
| 3 years | ₹3,60,000 | ₹3,93,649 | 5.9% |
| 5 years | ₹6,00,000 | ₹7,01,587 | 6.2% |
| 10 years | ₹12,00,000 | ₹16,73,219 | 6.5% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
Category: Banking & PSU
Plan / option: Regular · Growth
AMFI scheme code: 134545
ISIN: INF204KA1T56
First NAV in MFIC data: 18 May 2015
History: 11.4 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Aditya Birla Sun Life Banking & PSU Debt Fund | Banking & PSU | 0.99 | 6.6% |
| Nippon India Corporate Bond Fund | Corporate Bond | 0.99 | 7.1% |
| AXIS Corporate Bond Fund | Corporate Bond | 0.99 | 7.0% |
| Invesco India Corporate Bond Fund | Corporate Bond | 0.99 | 6.7% |
| Bajaj Finserv Banking and PSU Debt Fund | Banking & PSU | 0.99 | n/a |
| UTI - Corporate Bond Fund | Corporate Bond | 0.99 | 6.9% |
Questions about Nippon India Banking and PSU Debt Fund
- What is the latest NAV of Nippon India Banking and PSU Debt Fund?
- The NAV of the Regular plan (growth option) was ₹21.9605 on 1 Oct 2026, as published by AMFI.
- Which category is Nippon India Banking and PSU Debt Fund in?
- It is classified as Banking & PSU in AMFI's daily NAV file. MFIC compares it with 20 Banking & PSU schemes (Regular plans).
- What returns has Nippon India Banking and PSU Debt Fund delivered?
- Over one year the NAV changed by 4.3%. The 3-year CAGR is 6.6% (category median 6.7%) and the 5-year CAGR is 5.8% (category median 5.8%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 7.3%, the lowest was 4.4%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in Nippon India Banking and PSU Debt Fund's NAV?
- The largest peak-to-trough fall in its available history was 3.2%; within the last five years it was 1.2% (category median 1.1%).
- How volatile is Nippon India Banking and PSU Debt Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 1.8%, which is above the Banking & PSU category median of 1.5%.
- What would a monthly SIP in Nippon India Banking and PSU Debt Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,01,587 on 1 Oct 2026, an annualised return (XIRR) of 6.2%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Nippon India Banking and PSU Debt Fund?
- The total expense ratio of the Regular plan is 0.78% a year, as disclosed to AMFI (median of Banking & PSU Regular plans: 0.71%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Nippon India Banking and PSU Debt Fund?
- Assets under management of the whole scheme were ₹5,057 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Nippon India Banking and PSU Debt Fund?
- AMFI lists the scheme's riskometer as “Moderate”, and its benchmark's as “Low to Moderate”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of Nippon India Banking and PSU Debt Fund and how has it compared?
- Its official benchmark is the CRISIL Banking and PSU Debt A-II Index. Over 3 years AMFI reports a return of 6.6% for this plan against 6.6% for the benchmark total return index; over 5 years 5.8% against 5.9%. Past performance does not indicate future results.
- How often has Nippon India Banking and PSU Debt Fund beaten its category?
- At 69% of the 101 month-ends compared over the last 10 years, its 3-year return was above the median of Banking & PSU schemes (Regular plans); it was in the top quarter at 23% of them. A typical scheme would show about 50%.
- Who manages Nippon India Banking and PSU Debt Fund?
- According to its Scheme Summary Document, Nippon India Banking and PSU Debt Fund is managed by FM 1 Pranay Sinha (since 1 Mar 2021), FM 2 Vivek Sharma (since 1 Jun 2020).
- What is the minimum investment in Nippon India Banking and PSU Debt Fund?
- The minimum application amount is ₹5,000. SIP details: SIP - Rs.100/- per month (minimum 60 months) Rs.500/- per month (minimum 12 months) Rs.1000/- per month (minimum 6 months) Rs. 500/- per quarter (minimum 12 quarters) Rs.1500/- per quarter (minimum 4 quarters) Rs. 5000/- per year (minimum 2 years) SWP - 500 STP - Daily- Minimum of Rs. 100 Weekly / Fortnight / Monthly option - Rs. 1000 Quarterly - Rs. 3000 Capital Appreciation Monthly/ Quarterly - Rs. 500.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 4.7% and the Regular plan's by 4.3%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
Integrato's team can walk you through how your current schemes have behaved, using the same data shown here. Integrato is an AMFI-registered Mutual Fund Distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.