• Home
  • Mutual Funds
  • Nippon India Banking and PSU Fund Growth

Return

  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • 5Y
This Fund:
Sensex:
BankFD:

Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹100 & Lump. ₹5000

AUM (Fund size)

₹5,188 Cr

Lock In Period

N/A

Expense Ratio

0.77

Benchmark

CRISIL Banking and PSU Debt A-II Index

Exit Load

Nil

Summary

Latest details for Nippon India Banking and PSU Fund Growth include a ₹21.4705 NAV as of Apr 24,2026 and returns since inception of 21.86%. Minimum investments start at SIP ₹100. The Nippon India Banking and PSU Fund Growth AUM is ₹5,188 Cr, with a lock-in of N/A years, expense ratio of 0.77%, and benchmark CRISIL Banking and PSU Debt A-II Index. Exit load is - Nil. In the growth review for 1M Month/Year, the fund recorded 0.74% returns, against a category average of 2.33% and a category best of 2.46%.

Calculate Returns

You would have got

close_grey_icon
No Data Found
Your Investment Amount
  • 1
  • 2
  • 3
  • 4
  • 5

Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.742.332.46
6M1.421.565.84
1Y4.225.409.60
3Y6.8116.4428.10

Portfolio Analysis

  • Equity:
  • Debt: 100.00%
  • Others
As on: 2026-04-15
View allocation % by

1. 7.59% National Housing Bank4.36%
2. 7.68% National Bank For Agriculture and Rural Development3.40%
3. 7.48% National Bank For Agriculture and Rural Development2.99%
4. Triparty Repo2.52%
5. 7.47% Small Industries Dev Bank of India2.51%
6. 7.77% REC Limited2.44%
7. 7.34% Small Industries Dev Bank of India2.41%
8. 7.57% Indian Railway Finance Corporation Limited2.33%
9. 7.26% Government of India1.97%
10. 7.8% Union Bank of India1.97%
11. 7.7% Nuclear Power Corporation Of India Limited1.94%
12. 7.77% Power Finance Corporation Limited1.94%
13. 7.85% Bharti Telecom Limited1.93%
14. 7.35% National Housing Bank1.92%
15. 7.02% Power Grid Corporation of India Limited1.90%
16. 7.56% Power Grid Corporation of India Limited1.77%
17. 8.54% REC Limited1.69%
18. Net Current Assets1.67%
19. 7.96% State Government Securities1.47%
20. 7.45% Export Import Bank of India1.45%
21. 6.52% REC Limited1.43%
22. 6.45% ICICI Bank Limited1.42%
23. 7.55% Indian Railway Finance Corporation Limited1.36%
24. 6.67% National Bank For Financing Infrastructure And Development1.31%
25. 7.4% Power Grid Corporation of India Limited1.29%
26. 8.45% Indian Railway Finance Corporation Limited1.24%
27. 7.86% HDFC Bank Limited1.17%
28. 7.83% Small Industries Dev Bank of India1.17%
29. 7.65% HDFC Bank Limited1.16%
30. 6.48% Government of India1.03%
31. 6.68% Government of India1.01%
32. 7.55% REC Limited0.97%
33. 7.58% REC Limited0.97%
34. 7.4% Export Import Bank of India0.97%
35. 7.37% Indian Railway Finance Corporation Limited0.97%
36. 7.49% Small Industries Dev Bank of India0.97%
37. 7.22% Small Industries Dev Bank of India0.96%
38. 7.2% National Housing Bank0.96%
39. 6.67% ICICI Bank Limited0.95%
40. 6.74% Small Industries Dev Bank of India0.95%
41. Siddhivinayak Securitisation Trust0.95%
42. Shivshakti Securitisation Trust0.95%
43. 6.59% Power Finance Corporation Limited0.93%
44. Indian Railway Finance Corporation Limited0.92%
45. 7.91% State Government Securities0.79%
46. 7.78% Kotak Mahindra Prime Limited0.77%
47. 7.88% Poonawalla Fincorp Limited0.77%
48. 6.28% Government of India0.66%
49. 7.62% National Bank For Agriculture and Rural Development0.52%
50. 8.23% Indian Railway Finance Corporation Limited0.49%
51. 7.7% National Highways Authority Of India0.49%
52. 8% HDFC Bank Limited0.49%
53. 7.64% Power Finance Corporation Limited0.49%
54. 7.59% Power Finance Corporation Limited0.49%
55. 7.6% Power Finance Corporation Limited0.49%
56. 7.45% Power Finance Corporation Limited0.48%
57. 7.23% Bajaj Finance Limited0.48%
58. 7.14% Export Import Bank of India0.48%
59. 7.08% Indian Railway Finance Corporation Limited0.48%
60. 7.68% Indian Railway Finance Corporation Limited0.48%
61. 7.96% HDB Financial Services Limited0.48%
62. 7.92% Aditya Birla Capital Limited0.48%
63. 7.01% National Bank For Agriculture and Rural Development0.48%
64. 7.64% National Bank For Agriculture and Rural Development0.48%
65. 7.55% L&T Metro Rail (Hyderabad) Limited0.47%
66. 6.43% NTPC Limited0.46%
67. 7.5% NHPC Limited0.39%
68. 7.34% Numaligarh Refinery Limited0.38%
69. Corporate Debt Market Development Fund Class A20.33%
70. 8.2% National Bank For Agriculture and Rural Development0.29%
71. 7.49% Power Grid Corporation of India Limited0.29%
72. 1.5% HDFC Bank Limited0.29%
73. 7.69% ICICI Prudential Life Insurance Company Limited0.24%
74. 8.35% SBI General Insurance Company Limited0.24%
75. 8.48% State Government Securities0.20%
76. 8.4% Power Grid Corporation of India Limited0.20%
77. 8.55% REC Limited0.20%
78. 7.56% REC Limited0.19%
79. 7.44% National Bank For Agriculture and Rural Development0.19%
80. 8.22% National Bank For Agriculture and Rural Development0.10%
81. 7.71% REC Limited0.10%
82. 7.95% LIC Housing Finance Limited0.10%
83. 7.71% Tata Capital Housing Finance Limited0.10%
84. 7.51% Small Industries Dev Bank of India0.10%
85. 7.36% Power Grid Corporation of India Limited0.10%
86. 7.32% Government of India0.06%
87. 7.04% Government of India0.03%
88. 6.17% Government of India0.02%
89. Cash Margin - CCIL0.02%
90. Interest Rate Swaps Pay Floating Receive Fix (27/03/2031) (FV 5000 Lacs)0.01%
91. 8.27% National Highways Authority Of India0.00%

1. 7.17% State Government Securities1.91%
2. 7.12% State Government Securities1.02%
3. 7.31% State Government Securities0.96%
4. 7.11% State Government Securities0.76%
5. 7.06% State Government Securities0.57%
6. 7.66% State Government Securities0.49%
7. 7.13% State Government Securities0.28%
8. 7.7% State Government Securities0.20%
9. 7.15% State Government Securities0.19%
10. 7.63% State Government Securities0.17%
11. 6.7% State Government Securities0.10%
12. 7.49% State Government Securities0.10%
13. 7.04% State Government Securities0.08%
14. 7.44% State Government Securities0.01%

1. Bank of Baroda1.83%
2. Canara Bank0.91%
3. Export Import Bank of India0.91%

1. Power Finance Corporation Limited1.55%

1. HDFC Bank Limited0.91%

1. National Highways Infra Trust0.40%

1. 6.64% Government of India0.19%

1. 8.12% NHPC Limited0.00%

About Fund

Nippon India Banking and PSU Fund Growth managed by Nippon India Mutual Fund,is a Banking & PSUscheme with Assets Under Management of ₹5,188 Crore. The fund benchmarks its performance against the CRISIL Banking and PSU Debt A-II Index while maintaining an expense ratio of 0.77. Under the expert guidance of Pranay Sinha ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Pranay Sinha

Mr. Pranay Sinha holds Graduation - IIT Kharagpur , Btech in Aerospace Engg, Post Graduation : IIM Calcutta, PGDM with Major in Finance. He has an overall experience of around 10 years in financial markets. Prior to joining BSLAMC, he was working as a Trader - Interest Rates in BNP Paribas Bank (October 2010 - August, 2014). He has also worked with Morgan Stanley Investment Management Private Limited (March 2008 - October 2010) and ICICI Prudential Asset Management Company Limited (October 2005 - March 2008).

Peer Comparison

Fund NameRatingsAUMExpense Ratio
This FundAxis Banking & PSU Debt Fund Growth312643.12 CR0.62
This FundLIC MF Banking & PSU Fund Growth11865.49 CR0.68
This FundNippon India Banking and PSU Fund Growth45188.04 CR0.77
This FundFranklin India Banking & PSU Debt Fund Growth4475.78 CR0.47
This FundICICI Prudential Banking and PSU Debt Fund Growth59174.97 CR0.73
Fund Name1Y3Y
This FundAxis Banking & PSU Debt Fund Growth4.909221.7968
This FundLIC MF Banking & PSU Fund Growth4.466821.8194
This FundNippon India Banking and PSU Fund Growth4.217721.8632
This FundFranklin India Banking & PSU Debt Fund Growth5.801823.1119
This FundICICI Prudential Banking and PSU Debt Fund Growth5.028423.1193

FAQs

Nippon India Banking and PSU Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of Nippon India Banking and PSU Fund Growth is 0.77. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Nippon India Banking and PSU Fund Growth’s fund performance is as follows:
  • 1 Month : 0.74%
  • 6 Months : 1.42%
  • 1 Year : 4.22%
  • 3 Years : 6.81%
Returns of Nippon India Banking and PSU Fund Growth are updated daily based on NAV of ₹ 21.4705 as on Apr 24,2026. Since inception, the return has been 21.86%.

You can invest in Nippon India Banking and PSU Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of Nippon India Banking and PSU Fund Growth is ₹5,188 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in Nippon India Banking and PSU Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500