KD
Kinjal DesaiLead
Since May 2018
AUM managed
₹5,07,165.07Cr
Tenure
Since May 2018
Funds
51
Nippon India Banking & PSU Reg Gr
Banking and PSU FundNippon India Mutual Fund
NAV
₹21.92
+0.02% today
AUM
₹5,149.77 Cr
Fund size
Expense
0.78%
Regular plan
Min SIP
₹100
per month
Min Lumpsum
₹5,000
one-time
Exit Load
0.0
on redemption
Fund snapshot
Category rank#12 of 20
Risk-o-meterModerate Risk
BenchmarkCRISIL Banking and PSU Debt A-II TR INR (100%)
Number of holdings100
Inception15 May 2015
Exit load0.0
Debt metrics
Modified duration2.93 yrs
Average maturity3.64 yrs
Yield to maturity7.41%
Average credit qualityAAA
Standard deviation1.78%
Capital gains tax
Debt
STCG · short-term
Slab RateShort-term gains taxed at slab rate
Debt fund gains are taxed at your income slab rate.
LTCG · long-term
Slab RateLong-term gains taxed at slab rate
Debt fund gains are taxed at your income slab rate.
Debt and other non-equity mutual fund gains are taxed at the investor's slab rate.
Fund managers
PS
Pranay SinhaLead
Since Mar 2021
AUM managed
₹22,630.69Cr
Tenure
Since Mar 2021
Funds
9
VS
Since Jun 2020
AUM managed
₹55,158.42Cr
Tenure
Since Jun 2020
Funds
22
AS
Since Mar 2026
AUM managed
₹5,11,102.28Cr
Tenure
Since Mar 2026
Funds
47
DS
Since Sep 2025
AUM managed
₹5,15,458.56Cr
Tenure
Since Sep 2025
Funds
50
LM
Since Sep 2025
AUM managed
₹5,15,458.56Cr
Tenure
Since Sep 2025
Funds
50
About Nippon India Banking & PSU Reg Gr
Nippon India Banking & PSU Reg Gr is an open-ended Banking and PSU Fund mutual fund scheme offered by Nippon India Mutual Fund under the regular plan with the growth option. Its latest net asset value (NAV) is ₹21.92 per unit and the scheme manages ₹5,149.77 Cr in assets under management. The fund charges an expense ratio of 0.78% and is benchmarked against CRISIL Banking and PSU Debt A-II TR INR (100%). Over the trailing 5 years, Nippon India Banking & PSU Reg Gr has delivered +5.71% returns. SEBI's riskometer places this scheme in the Moderate Risk category, so read the scheme information document before investing.
Investment 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). However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
Regular Plan · Growth option · NAV as of 15 Oct 2026
Nippon India Banking & PSU Reg Gr returns
| Period | Fund | Category average |
|---|---|---|
| 1 month | -0.13% | -0.17% |
| 3 months | +0.15% | +0.45% |
| 6 months | +1.95% | +2.15% |
| 1 year | +3.56% | +3.85% |
| 3 years | +6.57% | +6.59% |
| 5 years | +5.71% | +5.83% |
Rolling returns
| Period | Fund | Category average |
|---|---|---|
| 1 month | -- | +0.14% |
| 3 months | +2.20% | +0.42% |
| 6 months | +2.37% | +2.73% |
| 1 year | +4.97% | +4.21% |
| 3 years | +21.56% | +18.81% |
| 5 years | +34.24% | +28.81% |
Past performance is not indicative of future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.
Nippon India Banking & PSU Reg Gr — frequently asked questions
What is the NAV of Nippon India Banking & PSU Reg Gr?
The latest net asset value (NAV) of Nippon India Banking & PSU Reg Gr is ₹21.92 per unit, +0.02% over the previous trading day. NAV is declared by the AMC at the end of every business day.
What returns has Nippon India Banking & PSU Reg Gr delivered?
Nippon India Banking & PSU Reg Gr has returned +5.71% over the trailing 5 years (1 year: +3.56%, 3 years: +6.57%). Returns beyond one year are annualised. Past performance does not guarantee future returns.
What is the expense ratio of Nippon India Banking & PSU Reg Gr?
Nippon India Banking & PSU Reg Gr charges an expense ratio of 0.78% per annum. The expense ratio is deducted from the scheme's assets, so the NAV you see is already net of it.
How risky is Nippon India Banking & PSU Reg Gr?
SEBI's riskometer classifies Nippon India Banking & PSU Reg Gr as Moderate Risk, which is typical for a Banking and PSU Fund scheme. Match the scheme's risk level to your own risk tolerance and investment horizon before investing.
What is the minimum investment in Nippon India Banking & PSU Reg Gr?
You can start a SIP in Nippon India Banking & PSU Reg Gr from ₹100 per month, and the minimum lumpsum investment is ₹5,000.
Who manages Nippon India Banking & PSU Reg Gr?
Nippon India Banking & PSU Reg Gr is managed by Nippon India Mutual Fund, holds ₹5,149.77 Cr in assets under management and invests across 100 holdings. This page covers the regular plan with the growth option.
Scheme identifiers
- Fund house
- Nippon India Mutual Fund
- Scheme category
- Debt
- Scheme sub-category
- Banking and PSU Fund
- Plan
- Regular plan
- Option
- Growth
- ISIN
- INF204KA1T56
- Scheme code
- FS0000BVPM