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Banking & PSU Debtregulargrowth📊 CRISIL BANKING AND PSU DEBT A-II INDEX

Nippon India Banking and PSU Fund- Growth Plan- Growth Option

Nippon India Mutual Fund

#20 of 21 (1Y)

₹21.4622

0.02 (+0.08%)

NAV as of 29 May 2026

Today's NAV — all variants

Regular · Growth

₹₹21.4622

0.02 (+0.08%)

29 May 2026

AMFI: 134545

Direct · Growth

₹₹22.3526

0.02 (+0.09%)

29 May 2026

AMFI: 134547

Regular · IDCW

₹₹21.4622

0.02 (+0.08%)

29 May 2026

AMFI: 134548

Direct · IDCW

₹₹22.3526

0.02 (+0.09%)

29 May 2026

AMFI: 134555

Returns (Lumpsum)

CAGR for periods ≥ 1 year
1 Week-0.27%
1 Month-0.57%
3 Months-0.01%
6 Months+0.56%
1 Year+2.64%
3 Years (CAGR)+6.31%
5 Years (CAGR)+5.59%
10 Years (CAGR)+6.94%
Since Inception (May 2015)+7.13%

SIP Returns (XIRR)

₹1,000/month SIP, annualised
1 Year SIP+2.32%
3 Year SIP+5.72%
5 Year SIP+5.93%
Since Inception (May 2015)+5.74%

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹66,000

Invested

₹91,370

Value today

6.4%

XIRR (p.a.)

500/month SIP from fund inception · Current value as of today

Try SIP Calculator with this fund's history

1,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹1,000

Invested

₹2,143

Value today

7.2%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

Try Lumpsum Calculator

₹10L corpus with ₹5,000/month withdrawals since inception

Corpus is still growing despite monthly payouts

₹10,00,000

Initial corpus

₹6,60,000

Withdrawn

₹12,29,281

Corpus left

+₹8,89,281 net gain — withdrew ₹6,60,000 AND corpus grew

Plan your SWP with real NAV

₹1 lakh on the worst crash day — 22 Mar 2020

Worst single-day Nifty drop during this fund's life

₹1,00,000

Invested

₹1,49,420

Value today

1.5×

Multiple

Staying invested through that crash turned ₹1L into ₹1,49,420 — a 1.5× return

Read: Staying invested through crashes

Direct vs Regular — ₹500/month over 10 years

Expense ratio drag on your actual returns

Direct plan

₹84,988

Regular plan

₹80,049

Direct earns ₹4,939 more on a ₹60K investment0.82% extra return per year

Same fund, same NAV history — only the expense ratio differs. Direct plans always outperform Regular over time.

Learn about Direct vs Regular plans

Fund Details

Fund HouseNippon India Mutual Fund
CategoryBanking & PSU Debt
Plan Typeregular
Optiongrowth
AUM₹5,365 Cr
Expense Ratio0.78%
Min SIP₹500
Min Lumpsum₹1,000
BenchmarkCRISIL BANKING AND PSU DEBT A-II INDEX
Launch Date18 May 2015
AMFI Code134545

Risk Metrics

Trailing 1 year, annualised

-0.46

Sharpe Ratio

Alpha

Beta

-0.48

Sortino

1.35%

Std Dev

-0.72%

Max Drawdown

Portfolio Holdings

Top 50 holdings · as of Mar 2026

Debt47 holdings · 70.3%
Security% NAV

7.68% National Bank For Agriculture and Rural Development

INE261F08EG3

3.39%

7.59% National Housing Bank**

INE557F08FZ1

3.38%

7.48% National Bank For Agriculture and Rural Development

INE261F08EO7

2.99%

7.47% Small Industries Dev Bank of India

INE556F08KR0

2.50%

7.26% Government of India

IN0020220060

2.44%

7.77% REC Limited

INE020B08EH0

2.42%

7.34% Small Industries Dev Bank of India**

INE556F08KS8

2.40%

7.57% Indian Railway Finance Corporation Limited**

INE053F08353

2.32%

7.7% Nuclear Power Corporation Of India Limited**

INE206D08501

1.94%

7.77% Power Finance Corporation Limited**

INE134E08MJ2

1.94%

7.85% Bharti Telecom Limited**

INE403D08322

1.92%

7.35% National Housing Bank

INE557F08GD6

1.91%

7.02% Power Grid Corporation of India Limited**

INE752E08809

1.89%

Bank of Baroda

INE028A16LE0

1.82%

7.56% Power Grid Corporation of India Limited**

INE752E08692

1.76%

8.54% REC Limited**

INE020B08BE3

1.69%

7.45% Export Import Bank of India**

INE514E08GB4

1.45%

182 Days Tbill

IN002025Y321

1.44%

91 Days Tbill

IN002025X455

1.44%

6.45% ICICI Bank Limited**

INE090A08UE8

1.42%

6.52% REC Limited**

INE020B08FW6

1.42%

7.55% Indian Railway Finance Corporation Limited**

INE053F07BX7

1.35%

6.67% National Bank For Financing Infrastructure And Development**

INE0KUG08092

1.30%

7.4% Power Grid Corporation of India Limited**

INE752E08676

1.28%

8.45% Indian Railway Finance Corporation Limited**

INE053F07AY7

1.23%

7.83% Small Industries Dev Bank of India**

INE556F08KL3

1.16%

7.86% HDFC Bank Limited

INE040A08427

1.16%

7.65% HDFC Bank Limited**

INE040A08AK2

1.14%

7.58% REC Limited**

INE020B08FD6

0.97%

7.55% REC Limited

INE020B08EA5

0.97%

7.59% National Housing Bank**

INE557F08FY4

0.97%

7.4% Export Import Bank of India**

INE514E08GC2

0.96%

7.49% Small Industries Dev Bank of India

INE556F08KX8

0.96%

7.37% Indian Railway Finance Corporation Limited**

INE053F08411

0.96%

7.22% Small Industries Dev Bank of India

INE556F08LC0

0.96%

7.31% State Government Securities

IN3120250631

0.95%

7.2% National Housing Bank**

INE557F08GB0

0.95%

6.74% Small Industries Dev Bank of India

INE556F08LA4

0.95%

6.67% ICICI Bank Limited**

INE090A08UF5

0.94%

6.59% Power Finance Corporation Limited**

INE134E08NU7

0.93%

Bank of Baroda**

INE028A16KO1

0.92%

Indian Railway Finance Corporation Limited**

INE053F08536

0.92%

Export Import Bank of India**

INE514E14TC3

0.91%

Punjab National Bank

INE160A16UD4

0.91%

National Bank For Agriculture and Rural Development**

INE261F16AD1

0.91%

Canara Bank**

INE476A16H43

0.90%

HDFC Bank Limited

INE040A16IZ6

0.90%
Other3 holdings · 3.4%
Security% NAV

Power Finance Corporation Limited**

INE134E07AP6

1.54%

Shivshakti Securitisation Trust**

INE2I7G15010

0.95%

Siddhivinayak Securitisation Trust**

INE2I7F15012

0.95%

Performance Comparison

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Investment Objective

Nippon India Banking and PSU Fund- Growth Plan- Growth Option by Nippon India Mutual Fund is a Banking & PSU Debt fund that aims to generate optimal returns for investors based on its investment mandate. The fund follows a disciplined investment process aligned with SEBI regulations for the Banking & PSU Debt category.

About This Fund

Nippon India Banking and PSU Fund- Growth Plan- Growth Option is a Banking & PSU Debt mutual fund offered by Nippon India Mutual Fund. The fund has been operational for over 11 years. It manages assets worth ₹5,365 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against CRISIL BANKING AND PSU DEBT A-II INDEX. The current expense ratio is 0.78%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • SIP investors who can benefit from rupee cost averaging during market fluctuations