- AMC
- Nippon India Mutual Fund
- Category
- Banking and PSU Debt Fund
- ISIN
- INF204KA1V37
Nippon India Banking and PSU Fund
₹10.7295
+₹0.0052 (+0.05%)
NAV · Direct · IDCW Monthly ·
Nippon India Banking and PSU Fund's Direct IDCW Monthly NAV was ₹10.7295 on 19 Oct 2026, up 0.05% on the day. Its 3-year return is 0.22% a year.
- Expense ratio
- 0.78%
- Fund size
- ₹5,180.50 Cr
- Min. investment
- ₹5,000
NAV history
Between 20 Oct 2025 and 19 Oct 2026, the NAV ranged from ₹10.6898 to ₹10.8954.
Direct · IDCW Monthly plan. 3Y, 5Y and since-launch returns are annualised; since launch is absolute until the fund is a year old.
Fund details
- Expense ratio
- 0.78% (Direct)
- Exit load
- nil
- Riskometer
- Moderate
- Benchmark
- CRISIL Banking and PSU Debt A-II Index
- Launched
- 14 May 2015
- Fund managers
- Pranay Sinha, Vivek Sharma
Fund size, expense ratio and minimums as of 16 Sep 2026.
All plans
| Plan | ISIN | NAV | 1 day | Expense ratio | 1 year |
|---|---|---|---|---|---|
| Direct · Growth | INF204KA1U53 | ₹22.8777 | +0.05% | 0.78% | +3.95% |
| Regular · Growth | INF204KA1T56 | ₹21.9326 | +0.05% | 0.78% | +3.53% |
| Direct · IDCW | INF204KA1U79 | ₹22.8777 | +0.05% | 0.78% | +3.95% |
| Direct · IDCW Quarterly | INF204KA1U95 | ₹10.7811 | +0.05% | 0.78% | −1.47% |
| Direct · IDCW Weekly | INF204KA1V11 | ₹10.2433 | +0.05% | 0.78% | −1.50% |
| Direct · IDCW Monthly | INF204KA1V37 | ₹10.7295 | +0.05% | 0.78% | −1.12% |
| Regular · IDCW | INF204KA1T72 | ₹21.9326 | +0.05% | 0.78% | +3.53% |
| Regular · IDCW Quarterly | INF204KA1T98 | ₹10.7146 | +0.05% | 0.78% | −1.51% |
| Regular · IDCW Weekly | INF204KA1U12 | ₹10.2397 | +0.04% | 0.78% | −1.54% |
| Regular · IDCW Monthly | INF204KA1U38 | ₹10.6570 | +0.05% | 0.78% | −1.14% |
| Direct · Bonus | INF204KA1U61 | ₹22.8769 | +0.05% | 0.78% | +3.94% |
All plans hold the same portfolio. They differ in expense ratio (Direct plans pay no distributor commission) and in how gains are handled (Growth reinvests, IDCW pays out).
About this fund
Nippon India Banking and PSU Fund is an open-ended mutual fund from Nippon India Mutual Fund, in the Banking and PSU Debt Fund category. It began on 14 May 2015. It is benchmarked to the CRISIL Banking and PSU Debt A-II Index. The fund manages ₹5,180.50 Cr across its plans as of 16 Sep 2026. The Direct · IDCW Monthly plan has an expense ratio of 0.78%. The minimum first investment is ₹5,000, and SIPs are available.
FAQs
What is the NAV of Nippon India Banking and PSU Fund?
The NAV of Nippon India Banking and PSU Fund (Direct · IDCW Monthly) was ₹10.7295 on 19 Oct 2026, up 0.05% from the previous NAV.
What plans does Nippon India Banking and PSU Fund have?
Nippon India Banking and PSU Fund has 11 plans: Direct · Growth; Regular · Growth; Direct · IDCW; Direct · IDCW Quarterly; Direct · IDCW Weekly; Direct · IDCW Monthly; Regular · IDCW; Regular · IDCW Quarterly; Regular · IDCW Weekly; Regular · IDCW Monthly; Direct · Bonus.
What is the expense ratio of Nippon India Banking and PSU Fund?
The Direct · IDCW Monthly plan of Nippon India Banking and PSU Fund has an expense ratio of 0.78%.
What is the fund size (AUM) of Nippon India Banking and PSU Fund?
Nippon India Banking and PSU Fund manages ₹5,180.50 Cr across all plans as of 16 Sep 2026.
What returns has Nippon India Banking and PSU Fund delivered?
Nippon India Banking and PSU Fund returned −1.12% over 1Y, +0.22% a year over 3Y, +0.19% a year over 5Y. Past performance does not guarantee future returns.
What is the exit load of Nippon India Banking and PSU Fund?
Nippon India Banking and PSU Fund: nil.
What is the minimum investment and SIP amount for Nippon India Banking and PSU Fund?
The minimum first investment in Nippon India Banking and PSU Fund is ₹5,000, and ₹1,000 after that. SIPs are available (SIP available with monthly (Rs.100 for 60 months, Rs.500 for 12 months, Rs.1000 for 6 months), quarterly (Rs.500 for 12 quarters, Rs.1500 for 4 quarters), and yearly (Rs.5000 for 2 years) frequencies. Dates: 1st to 31st of month.).
How risky is Nippon India Banking and PSU Fund?
Nippon India Banking and PSU Fund is rated "moderate risk" on SEBI's riskometer.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.
Full disclaimerSee how Nippon India Banking and PSU Fund fits your plan
Armor checks every holding against your goals, risk and timeline.
Get the app