Nippon India Banking & PSU Fund
The scheme seeks to generate income over short to medium term horizon through investments in debt and money market instruments of various maturities, consisting predominantly of securities issued by entities such as Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions.
Growthvine rating: 3/5 — ranked #7 of 22 in category.
Fund basics
| Category | Debt: Banking and PSU |
|---|---|
| NAV | ₹21.94 (as of 2026-08-21) |
| AUM | ₹5,246 Cr |
| Expense ratio | 0.66% |
| Riskometer | Moderate |
| Fund manager | Pranay Sinha |
| Exit load | 0 |
Performance & risk
| 5-year annualised return | 5.97% |
|---|---|
| Sharpe ratio | 0.56 |
| Standard deviation | 1.74% |
| Max drawdown | -3.22% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 95.9% of NIFTY Banking & PSU Debt Index's upside and 66.2% of its downside.
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 3.0% | Q2 | #11 of 21 |
| 2025 | 7.3% | Q3 | #15 of 21 |
| 2024 | 7.9% | Q2 | #9 of 22 |
| 2023 | 6.8% | Q1 (Top) | #6 of 21 |
| 2022 | 3.2% | Q3 | #11 of 19 |