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NIPPON INDIA BANKING and PSU FUND - MONTHLY IDCW Option
★★★★★ monitor_heart Health Score: 60/100 · AverageNippon India Mutual Fund · Debt · Banking and PSU Fund
₹10.7
AUM: ₹5,152 Cr
NAV updated about 1 month ago
Plan
—
Option
Idcw
Risk
Moderate
Expense Ratio
0.4%
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
-2.56
Std Dev (1Y)
2.02%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+1.16%
3m
+1.63%
6m
+2.41%
1y
+4.72%
3y
+7.17%
5y
+6.26%
10y
+7.47%
since inception
+0.68%
rate_review TopFund's Take on NIPPON INDIA BANKING and PSU FUND - MONTHLY IDCW Option
NIPPON INDIA BANKING and PSU FUND - MONTHLY IDCW Option sits in the middle of the pack for Banking and PSU Fund 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 0.4%, the expense ratio runs 14% above the Banking and PSU Fund 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 -2.56 — 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 2.02% is on the lower side, 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.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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tips_and_updates Tools & Guides for This Fund
Frequently Asked Questions about NIPPON INDIA BANKING and PSU FUND - MONTHLY IDCW Option
The current NAV (Net Asset Value) of NIPPON INDIA BANKING and PSU FUND - MONTHLY IDCW Option is ₹10.7. NAV is updated every business day after market close by AMFI.
1Y: 4.72% · 3Y CAGR: 7.17% · 5Y CAGR: 6.26%
The expense ratio is 0.4% per annum — the annual fee deducted from your investment to cover fund management costs.
NIPPON INDIA BANKING and PSU FUND - MONTHLY IDCW Option is managed by Anju Chajjer, Jahnvee Shah, Vivek Sharma at Nippon India Mutual Fund.
NIPPON INDIA BANKING and PSU FUND - MONTHLY IDCW Option is a Moderate risk fund. Suitable for investors with a moderate risk appetite.
NIPPON INDIA BANKING and PSU FUND - MONTHLY IDCW Option is a Banking and PSU Fund fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of NIPPON INDIA BANKING and PSU FUND - MONTHLY IDCW Option is ₹5,153 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.