Nippon India Banking and PSU Debt Fund - Direct Plan - IDCW

NAVs of 8 Nov 2026

Nippon India Mutual Fund · Debt fund · Direct plan · IDCW

Banking & PSUDirect · IDCWRisk: Moderate

NAV · 6 Nov 2026

₹23.0079 ▼ 0.02%

Nippon India Mutual Fund

Fund size₹5,175 crJuly - September 2026

1-month range₹22.81 – 23.01

1 year+4.29%

3 years+7.07%a year

5 years+6.28%a year

What the fund does

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 (PFIs). There is no assurance that the investment objective of the Scheme will be achieved.

BenchmarkCRISIL Banking and PSU Debt A-II Index

Launched15 May 2015

Fund houseNippon India Mutual Fund

Fund managersFM 1 Pranay SinhaFM 2 Vivek Sharma

NAV history

Returns

1 week

+0.72%avg 0.6%

1 month

+0.42%avg 0.3%

3 months

+0.28%avg 0.5%

6 months

+2.71%avg 2.7%

This year

+3.92%avg 3.9%

1 year

+4.29%avg 4.5%

3 years (a year)

+7.07%avg 7.1%

5 years (a year)

+6.28%avg 6.4%

Bars: this plan; the thin mark is the Banking & PSU average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2024												+0.4
2025	+0.8	+0.3	+1.4	+1.5	+1.3	-0.1	+0.6	-0.2	+0.6	+0.9	+0.5	-0.0
2026	-0.1	+0.8	-0.5	+0.5	+0.2	+2.2	+0.2	-0.0	+0.2	-0.3	+0.7

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 30 Sept 2026

Holdings107110 lines in all

Top 10 holdings27.9%of the fund

Debt75.7%bonds, government securities

Money market9.2%CDs, CPs, treasury bills

Where the money is

Equity 8.3%Debt 75.7%Money market 9.2%Cash & others 6.8%

Credit quality (debt and money market)

AAA

64.4%

Sovereign

11.2%

A1+

9.2%

Changes since 31 Aug 2026

Share of fund	30 Sept 2026	31 Aug 2026	Change
Stocks held	8.3%	8.2%	+0.17
Debt	75.7%	76.2%	-0.54
Money market	9.2%	5.3%	+3.93
Cash & others	6.8%	10.3%	-3.56
Top 10 stocks	8.3%	8.2%	+0.17
Number of stocks	5	5	0

Change is in percentage points. Bought more and cut back list stocks whose share of the fund moved by at least 0.25 points. A share can also move because the price changed, not only because the fund traded.

Stocks held 5

Holding	Sector / type	% of fund
Small Industries Dev Bank of India** INE556F08LE6	CRISIL AAA	3.47%
Power Finance Corporation Limited** INE134E07AP6	CRISIL AAA	1.57%
Mahindra & Mahindra Financial Services Limited** INE774D07VP7	CRISIL AAA	1.48%
Tata Capital Limited** INE976I07DE9	CRISIL AAA	1.48%
Corporate Debt Market Development Fund Class A2 INF0RQ622028	–	0.34%

Bonds, money market and cash 105

Holding	Sector / type	% of fund
Triparty Repo	–	4.47%
7.61% Government of India IN0020160019	SOVEREIGN	4.03%
7.48% National Bank For Agriculture and Rural Development INE261F08EO7	CRISIL AAA	3.54%
7.68% National Bank For Agriculture and Rural Development** INE261F08EG3	CRISIL AAA	3.45%
7.59% National Housing Bank** INE557F08FZ1	CRISIL AAA	2.57%
7.77% REC Limited** INE020B08EH0	CRISIL AAA	2.47%
7.34% Small Industries Dev Bank of India** INE556F08KS8	CRISIL AAA	2.45%
Net Current Assets	–	2.26%
7.8% Union Bank of India** INE692A08201	ICRA AAA	2.01%
7.7% Nuclear Power Corporation Of India Limited** INE206D08501	ICRA AAA	1.98%
Bank of Baroda INE028A16LD2	CARE A1+	1.94%
7.02% Power Grid Corporation of India Limited** INE752E08809	CRISIL AAA	1.92%
7.79% Bajaj Finance Limited** INE296A07UC7	CRISIL AAA	1.90%
7.57% Indian Railway Finance Corporation Limited** INE053F08353	CRISIL AAA	1.87%
8.54% REC Limited** INE020B08BE3	CRISIL AAA	1.71%
7.56% Power Grid Corporation of India Limited** INE752E08692	CRISIL AAA	1.67%
7.45% Export Import Bank of India** INE514E08GB4	CRISIL AAA	1.48%
7.85% Bharti Telecom Limited INE403D08322	CRISIL AAA	1.46%
Bank of Baroda** INE028A16KX2	FITCH A1+	1.46%
Bank of Baroda** INE028A16LE0	CARE A1+	1.45%
7.55% Indian Railway Finance Corporation Limited** INE053F07BX7	CRISIL AAA	1.38%
8.45% Indian Railway Finance Corporation Limited** INE053F07AY7	CRISIL AAA	1.26%
7.4% Power Grid Corporation of India Limited** INE752E08676	CRISIL AAA	1.22%
7.86% HDFC Bank Limited** INE040A08427	CRISIL AAA	1.17%
7.65% HDFC Bank Limited** INE040A08AK2	CRISIL AAA	1.16%
7.83% Small Industries Dev Bank of India** INE556F08KL3	CRISIL AAA	1.09%
7.59% National Housing Bank** INE557F08FY4	CRISIL AAA	0.99%
8.2% Tata Capital Housing Finance Limited INE033L07IW4	CRISIL AAA	0.99%
7.77% Power Finance Corporation Limited** INE134E08MJ2	CRISIL AAA	0.99%
7.55% REC Limited** INE020B08EA5	CRISIL AAA	0.99%
8.25% Bajaj Housing Finance Limited INE377Y07656	CRISIL AAA	0.99%
7.42% Power Finance Corporation Limited** INE134E08NL6	CRISIL AAA	0.98%
7.58% REC Limited** INE020B08FD6	ICRA AAA	0.98%
7.4% Export Import Bank of India** INE514E08GC2	CRISIL AAA	0.98%
7.49% Small Industries Dev Bank of India** INE556F08KX8	CRISIL AAA	0.98%
8.15% JIO Credit Limited** INE282H07067	CRISIL AAA	0.98%
7.31% State Government Securities IN3120250631	SOVEREIGN	0.97%
7.22% Small Industries Dev Bank of India INE556F08LC0	CRISIL AAA	0.97%
6.67% ICICI Bank Limited** INE090A08UF5	ICRA AAA	0.97%
Bank of Baroda INE028A16KY0	CARE A1+	0.97%
Punjab National Bank** INE160A16UD4	CRISIL A1+	0.97%
Punjab National Bank INE160A16UI3	CARE A1+	0.97%
Export Import Bank of India** INE514E14TC3	CRISIL A1+	0.97%
6.59% Power Finance Corporation Limited** INE134E08NU7	CRISIL AAA	0.95%
Shivshakti Securitisation Trust** INE2I7G15010	CRISIL AAA(SO)	0.94%
7.91% State Government Securities IN2020200019	SOVEREIGN	0.80%
6.94% Government of India IN0020260025	SOVEREIGN	0.78%
7.11% State Government Securities IN1920240240	SOVEREIGN	0.77%
7.7% National Highways Authority Of India** INE906B07HH5	CRISIL AAA	0.60%
6.91% State Government Securities IN2220210248	SOVEREIGN	0.59%
7.06% State Government Securities IN1020190501	SOVEREIGN	0.59%
Indian Railway Finance Corporation Limited** INE053F08536	CRISIL AAA	0.59%
8.23% Indian Railway Finance Corporation Limited** INE053F07BE7	CRISIL AAA	0.50%
7.59% Power Finance Corporation Limited** INE134E08LX5	CRISIL AAA	0.49%
7.6% Power Finance Corporation Limited** INE134E08MX3	CRISIL AAA	0.49%
7.45% Power Finance Corporation Limited** INE134E08NP7	CRISIL AAA	0.49%
7.25% Nuclear Power Corporation Of India Limited** INE206D08428	CRISIL AAA	0.49%
7.62% National Bank For Agriculture and Rural Development** INE261F08EH1	CRISIL AAA	0.49%
7.64% National Bank For Agriculture and Rural Development** INE261F08EJ7	ICRA AAA	0.49%
7.64% Power Finance Corporation Limited** INE134E08MA1	CRISIL AAA	0.49%
7.14% Export Import Bank of India INE514E08GD0	CRISIL AAA	0.49%
6.36% Government of India IN0020250141	SOVEREIGN	0.48%
7.15% State Government Securities IN3120240715	SOVEREIGN	0.48%
7.06% Government of India IN0020260041	SOVEREIGN	0.48%
7.08% Indian Railway Finance Corporation Limited** INE053F07CA3	CRISIL AAA	0.48%
7.4% Bharti Telecom Limited INE403D08298	CRISIL AAA	0.48%
7.2% National Housing Bank** INE557F08GB0	CARE AAA	0.48%
7.55% L&T Metro Rail (Hyderabad) Limited** INE128M08094	CRISIL AAA(CE)	0.48%
Canara Bank** INE476A16H84	CRISIL A1+	0.48%
6.43% NTPC Limited** INE733E08171	CRISIL AAA	0.47%
National Highways Infra Trust** INE0H7R07066	CARE AAA	0.42%
7.5% NHPC Limited** INE848E07AR7	ICRA AAA	0.39%
7.01% National Bank For Agriculture and Rural Development** INE261F08ES8	CRISIL AAA	0.39%
6.67% National Bank For Financing Infrastructure And Development** INE0KUG08092	CRISIL AAA	0.38%
7.34% Numaligarh Refinery Limited** INE152D08010	CRISIL AAA	0.38%
8.2% National Bank For Agriculture and Rural Development** INE261F08AD8	CRISIL AAA	0.30%
1.5% HDFC Bank Limited** INE040A08567	CRISIL AAA	0.30%
7.49% Power Grid Corporation of India Limited** INE752E08601	CRISIL AAA	0.30%
7.13% State Government Securities IN1920240257	SOVEREIGN	0.29%
7.78% Kotak Mahindra Prime Limited** INE916DA7SW0	CRISIL AAA	0.29%
7.68% Indian Railway Finance Corporation Limited** INE053F08338	CRISIL AAA	0.26%
7.69% ICICI Prudential Life Insurance Company Limited** INE726G08030	CRISIL AAA	0.24%
8.48% State Government Securities IN2020180070	SOVEREIGN	0.20%
7.7% State Government Securities IN1920230068	SOVEREIGN	0.20%
8.4% Power Grid Corporation of India Limited** INE752E07MV8	CRISIL AAA	0.20%
8.55% REC Limited** INE020B08BA1	CRISIL AAA	0.20%
7.56% REC Limited** INE020B08FF1	ICRA AAA	0.20%
7.63% State Government Securities IN2220230204	SOVEREIGN	0.18%
7.49% State Government Securities IN2220230220	SOVEREIGN	0.10%
8.22% National Bank For Agriculture and Rural Development** INE261F08AV0	CRISIL AAA	0.10%
7.36% Power Grid Corporation of India Limited** INE752E07OC4	CRISIL AAA	0.10%
7.44% National Bank For Agriculture and Rural Development INE261F08EK5	CRISIL AAA	0.10%
7.51% Small Industries Dev Bank of India INE556F08KU4	CRISIL AAA	0.10%
7.71% Tata Capital Housing Finance Limited** INE033L07IK9	CRISIL AAA	0.10%
7.71% REC Limited** INE020B08EQ1	CRISIL AAA	0.10%
7.27% National Bank For Agriculture and Rural Development** INE261F08ER0	CRISIL AAA	0.10%
7.04% State Government Securities IN1920240323	SOVEREIGN	0.08%
7.32% Government of India IN0020230135	SOVEREIGN	0.07%
7.12% State Government Securities IN2220240401	SOVEREIGN	0.06%
7.17% State Government Securities IN3120190217	SOVEREIGN	0.04%
7.62% National Bank For Agriculture and Rural Development** INE261F08DV4	CRISIL AAA	0.04%
Cash Margin - CCIL	–	0.04%
7.04% Government of India IN0020240050	SOVEREIGN	0.03%
6.17% Government of India IN0020210160	SOVEREIGN	0.02%
7.44% State Government Securities IN1920230274	SOVEREIGN	0.01%

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From the fund house's monthly portfolio (mf.nipponindiaim.com), as on 30 Sept 2026. Percentages are of the fund's net assets. Published about ten days after each month ends.

Risk

Volatility1.5%yearly, from daily NAVs

Worst fall-0.71%31 Mar 2022 → 31 May 2022

RiskometerModerateModerate

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 31 May 2016).

Fund details

Fund size (average AUM, July - September 2026)	₹5,175 cr across all plans · this plan ₹0.42 cr
Fund house	Nippon India Mutual Fund
Category	Debt · Banking & PSU
Plan	Direct
Option	IDCW
Minimum investment	₹5,000 · additional ₹1,000
Scheme code (AMFI)	134555
ISIN	INF204KA1U79
NAV date	6 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

Plan	NAV	1 year
Direct · Growth	₹23.0079	+4.29%
Direct · IDCW	₹10.7906	+0.17%
Direct · IDCW	₹23.0071	+4.29%
Direct · IDCW	₹10.3016	-0.81%
Direct · IDCW	₹10.8425	-1.14%
Regular · Growth	₹22.0532	+3.88%
Regular · IDCW	₹22.0532	+3.88%
Regular · IDCW	₹10.7155	+0.12%
Regular · IDCW	₹10.7734	-1.19%
Regular · IDCW	₹10.2960	-0.88%

Top Banking & PSU funds (direct plans)

Fund	1 year	3 years (a year)
UTI Banking & PSU Debt Fund	+5.80%	+7.46%
Franklin India Banking & PSU Debt Fund	+5.53%	+7.40%
LIC MF Banking & PSU Debt Fund	+4.61%	+7.26%
Kotak Banking and PSU Debt Fund	+4.77%	+7.26%
ICICI Prudential Banking and PSU Debt Fund	+4.90%	+7.13%
Edelweiss Banking and PSU Debt Fund	+4.22%	+7.12%
Invesco India Banking and PSU Debt Fund	+4.37%	+7.11%
SBI BANKING & PSU DEBT FUND	+4.47%	+7.11%

All Banking & PSU funds ranked › · Compare with others ›

← All mutual funds

Information only, not investment advice.

What is the NAV of Nippon India Banking and PSU Debt Fund - Direct Plan - IDCW today?

₹23.0079 as of 6 Nov 2026, from AMFI's official NAV data.

What are the returns of Nippon India Banking and PSU Debt Fund - Direct Plan - IDCW?

1 year: 4.29%, 3 years: 7.07% a year, 5 years: 6.28% a year

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.