Nippon India Banking and PSU Fund (IDCW-Q)
Last Updated NAV Date: 29 Jul 2026
3 Year Returns
6.93%
NAV (₹)
10.8432
1 Day NAV Change
-0.02%
No chart data available for this period.
Fund Details
| Min. SIP Amount | ₹ 100 |
| Min. Lumpsum Amount | ₹ 5000 |
| AUM | ₹ 5279.02 Cr |
| Expense Ratio | 0.78% |
| Lock-in Period | No Lock-in Period |
| Inception Date | 15 May 2015 |
| Fund Age | 11 Yrs |
Exit Load
Nil
Fund’s 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 by entities such as Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs).
Calculate Your Mutual Fund Returns
Returns Estimator
Estimation is based on the past performance
Expected Rate of Return
The value of your investment after 5 Years will be
₹4,12,432
Invested Amount
₹3,00,000
Est. Returns
₹1,12,432
Scheme’s Historical Return
1 Month Return0.30%
3 Month Return2.31%
6 Month Return3.33%
1 Year Return4.79%
3 Year Return6.93%
5 Year Return5.79%
Asset Allocation
AUM
₹1,33,309.00 Cr
Cash Holdings
21.45%
Equity
70.84%
Cash
21.45%
Debt
1.71%
Other
6%
Sector Holdings
Last Updated: N/A| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Others | 100.00% | ₹ 5,279.016 |
Stock Holdings
Last Updated: 15 Jul 2026| Name | Allocation | Weightage | Value (in Cr.) | Sector |
|---|---|---|---|---|
| TREPS | 4.43% | ₹ 234.016 | Debt Others | |
| N A B A R D | 3.41% | ₹ 180.037 | Debt Others | |
| GSEC | 3.35% | ₹ 177.027 | Govt. Securities | |
| N A B A R D | 3.33% | ₹ 176.03 | Debt Others | |
| S I D B I | 3.32% | ₹ 175.402 | Debt Others | |
| Natl. Hous. Bank | 2.47% | ₹ 130.629 | Debt Others | |
| REC Ltd | 2.38% | ₹ 125.841 | Debt Others | |
| S I D B I | 2.36% | ₹ 124.698 | Debt Others | |
| I R F C | 2.29% | ₹ 121.125 | Debt Others | |
| Net CA & Others | 2.01% | ₹ 103.289 | Debt Others |
…
Fund Manager Details
He has an overall experience of around 13 years in financial markets. Prior to joining ABSLAMC, 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). Graduation - IIT Kharagpur, Btech in Aerospace Engg, Post Graduation : IIM Calcutta, PGDM with Major in Finance
Over 15 years of experience in capital market October 01, 2013 - till date: Reliance Capital Asset Management Ltd. Assistant Fund Manager ( Fixed Income Investments) February 2010 to September 2013: Reliance Capital Asset Management Ltd. - Dealer (Fixed Income Investment) May 2007 to February 2010: Reliance Capital Asset Management Ltd - Assistant Manager (Fixed Income Investment) June 2006 to April 2007: Reliance Capital Asset Management Ltd. - Management Trainee Sales and Distributions B.E (Electronic), PGDBM - Finance
Over 6 years of experience. From May 25, 2018 onwards: Fund Manager - Overseas Investments, Reliance Nippon Life Asset Managament Limited. December 2012 to May 24, 2018: Associate Equity Investments at RNAM, assisting lead analyst in Equity Research, idea generation and sector monitoring, assisting fund managers in stock selection and monitoring of overseas investments. MSC (Economics)
MMS in Finance, B Com, Joined NAM India, as Research Analyst in Investment-Equity from September 01, 2021. Previously worked as Senior Equity Analyst with ASIAN Markets Securities Limited from Feb 2014 to Aug 2021; and Quant Capital Limited as Senior Equity Analyst from July 2010 to November 2013 MMS Finance (Mumbai University)
Risk-O-Meter
Moderate
Investors understand that their principal will be at moderate risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
Nippon India Mutual Fund
Funds Managed
108
Assets Managed
₹ 7,67,506.42 Cr
Contact Details
Registered Address
4th Floor, Tower A, Peninsula Busines-s Park, Ganapatrao Kadam MargLower Parel (W), Mumbai - 400013.
Managing Director
Mr. Upendra Kumar Sinha
Chief Executive Officer
Mr. Sundeep Sikka
Compliance Officer
Mr. Muneesh Sud
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Disclaimer
The information provided on this page is for informational purposes only and should not be construed as investment advice, recommendation, or solicitation to buy or sell any securities or financial pr...
Frequently Asked Questions
You can withdraw your investment from Nippon India Banking and PSU Fund (IDCW-Q) through your mutual fund app, AMC website, or demat or stock broker online account at the applicable NAV.
The minimum investment for Nippon India Banking and PSU Fund (IDCW-Q) is ₹ 5000 for Lumpsum and ₹ 100 for SIP. You can open a demat account or login to the existing stock broker online account to get started.
Nippon India Banking and PSU Fund (IDCW-Q) has a lock-in period of No Lock-in Period. Schemes with a lock-in restrict withdrawals or redemptions for that duration, while schemes with no lock-in allow you to redeem anytime.
The average annualized return of Nippon India Banking and PSU Fund (IDCW-Q) over the past three years is 6.93%.
The current NAV of Nippon India Banking and PSU Fund (IDCW-Q) is 10.8432.
The Expense ratio of Nippon India Banking and PSU Fund (IDCW-Q) is 0.78%. It is an annual charge for running the mutual fund. You can find the same on the factsheet and the Asset Management Companies website.
The latest AUM of the Nippon India Banking and PSU Fund (IDCW-Q) fund is ₹ 5279.02 Cr. It represents the total assets held and managed by the fund.
The exit load for Nippon India Banking and PSU Fund (IDCW-Q) is Nil.
The fund managers of the Nippon India Banking and PSU Fund (IDCW-Q) are Pranay Sinha, Vivek Sharma, Kinjal Desai, Amber Singhania. However, with management's discretion, the fund manager could also change during the tenure.
Nippon India Banking and PSU Fund (IDCW-Q) was launched on 15 May 2015. Since then, the fund has formed an NAV (Net Asset Value) of 10.8432.
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