Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
NIPPON INDIA BANKING and PSU FUND - Direct Plan - MONTHLY IDCW Option
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 2/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 60/100 · Average
How this score is calculated
- Star rating (35%)2/5
- 3Y CAGR (30%)7.06%
- Expense ratio (20%)0.39%
- AUM (15%)₹5,150 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Nippon India Mutual Fund · Debt · Banking and PSU
₹22.89
AUM: ₹5,149 Cr
NAV updated 3 days ago
Plan
Direct
Option
Idcw
Risk
Moderate
Expense Ratio
0.39%
Exit Load
Nil
Fund Manager
Anju Chajjer, Jahnvee Shah, Vivek Sharma
Inception
May 2015
Benchmark
CRISIL Banking and PSU Debt A-II Index
Sharpe Ratio
-2.7
Std Dev (1Y)
2.52%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.03%
3m
+0.54%
6m
+3.16%
1y
+4.97%
3y
+7.06%
5y
+6.21%
10y
+7.22%
since inception
+0.61%
TopFund's Take on NIPPON INDIA BANKING and PSU FUND - Direct Plan - MONTHLY IDCW Option
NIPPON INDIA BANKING and PSU FUND - Direct Plan - MONTHLY IDCW Option sits in the middle of the pack for Banking and PSU funds, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 60/100.
Cost: At 0.39%, the expense ratio runs 11% above the Banking and PSU category average of 0.35%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -2.7 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 2.52% is on the lower side for a Banking and PSU fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to conservative investors prioritising capital stability and predictable income over high growth.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about NIPPON INDIA BANKING and PSU FUND - Direct Plan - MONTHLY IDCW Option
The current NAV (Net Asset Value) of NIPPON INDIA BANKING and PSU FUND - Direct Plan - MONTHLY IDCW Option is ₹22.89. NAV is updated every business day after market close by AMFI.
1Y: 4.97% · 3Y CAGR: 7.06% · 5Y CAGR: 6.21%
The expense ratio of NIPPON INDIA BANKING and PSU FUND - Direct Plan - MONTHLY IDCW Option is 0.39% per annum. This is the annual fee charged by the fund to manage your investment.
NIPPON INDIA BANKING and PSU FUND - Direct Plan - MONTHLY IDCW Option is managed by Anju Chajjer, Jahnvee Shah, Vivek Sharma at Nippon India Mutual Fund.
NIPPON INDIA BANKING and PSU FUND - Direct Plan - MONTHLY IDCW Option is classified as a Moderate risk fund. It is suitable for investors with a moderate risk appetite.
NIPPON INDIA BANKING and PSU FUND - Direct Plan - MONTHLY IDCW Option is a Banking and PSU fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in NIPPON INDIA BANKING and PSU FUND - Direct Plan - MONTHLY IDCW Option with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of NIPPON INDIA BANKING and PSU FUND - Direct Plan - MONTHLY IDCW Option is ₹5,150 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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