Mutual Funds
AMC
Nippon India Banking and PSU Fund (IDCW-W)

Nippon India Banking and PSU Fund (IDCW-W)

NAV
10.31(0.13%)
Fund Size (CR)
₹5,447.4
Expense Ratio
0.79
Scheme Type
Active Fund
Value Research

Min. investment
₹5,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹100
Minimum Withdrawal
₹100
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
0%
Return Since Launch
7.26%

Absolute Return: -0.73%

Annualized Return: 0%

1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment

Basic Details

Scheme Manager

Pranay Sinha

Bench Mark

CRISIL Banking and PSU Debt A-II Index

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	28 January 2026	10026.12	0.26%	-	0.34%	141/158
1 Month	2 January 2026	9998.92	-0.01%	-	0.17%	150/158
3 Month	4 November 2025	10034.89	0.35%	-	0.71%	151/158
6 Month	4 August 2025	10143.42	1.43%	-	1.88%	144/158
1 Year	4 February 2025	10648.94	6.49%	6.49%	6.77%	126/158
3 Year	3 February 2023	12272.06	22.72%	7.05%	7.16%	108/152
5 Year	4 February 2021	13303.41	33.03%	5.87%	6.01%	96/148
Since Inception	15 May 2015	21224.40	112.24%	7.26%	7.14%	93/158

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	3 March 2025	1,20,000	245519.52	104.60%	104.60%
3 Year	1 March 2023	3,60,000	741105.98	105.86%	27.21%
5 Year	1 March 2021	6,00,000	1236638.78	106.11%	15.56%
10 Year	1 March 2016	12,00,000	2484619.85	107.05%	7.55%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Minimum value allowed is 500

Expected Returns Rate (%)

Minimum value allowed is 1

Time Period (in Years)

Minimum value allowed is 1

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

0.38%

Standard Deviation

0.05%

Beta

1.06%

Sharpe Ratio

0.42%

Treynor's Ratio

1.06%

Jension's Alpha

Asset Allocation

Sector Allocation

There is no Sector Allocation data

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
There's no data available of Stock Holdings

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
TRUSTMF Banking & PSU Fund - Dir (IDCW-D) RI	131.79	0.38%	1.10%	2.70%	8.33%	9.46%
HSBC Banking and PSU Debt Fund - Direct (IDCW-D)	4361.47	0.03%	2.20%	3.58%	8.31%	7.90%
ICICI Pru Banking & PSU Debt Fund-Direct (IDCW-Q)	9727.95	0.19%	1.12%	3.20%	8.27%	8.10%
Franklin India Banking & PSU Debt Fund-Direct(G)	484.74	0.34%	1.18%	2.83%	8.06%	7.73%
Invesco India Banking & PSU Fund - Direct (IDCW-M)	170.64	0.23%	0.81%	2.02%	7.83%	7.64%

List of Schemes under Nippon India Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
Nippon India Large Cap Fund	Equity	Very High	10.81%	5	₹50,875.69
Nippon India Medium to Long Duration Fund	Debt	Moderately Low	4.94%	3	₹387.81
Nippon India CRISIL-IBX AAA Financial Services-Dec 2026 Index Fund	Other	Moderately Low	7.67%	0	₹98.23
Nippon India Income Plus Arbitrage Active FOF	Other	Moderate	0%	0	₹623.45
Nippon India Banking&Financial Services	Equity	Very High	19.72%	5	₹7,778.04
Nippon India Japan Equity Fund	Equity	Very High	26.38%	0	₹268.70
Nippon India Gilt Fund	Debt	Moderately Low	3.35%	3	₹1,834.14
Nippon India Gilt Fund	Debt	Moderately Low	3.35%	3	₹1,834.14
Nippon India Gilt Fund	Debt	Moderately Low	3.35%	0	₹1,834.14
Nippon India Equity Savings Fund	Hybrid	Moderately Low	7.65%	2	₹919.53
Nippon India Taiwan Equity Fund	Equity	Very High	83.61%	0	₹427.47
Nippon India Nifty Realty Index Fund	Other	Very High	-13.77%	0	₹31.35
Nippon India Nifty 500 Equal Weight Index Fund	Other	Very High	5%	0	₹424.83
Nippon India Nifty 500 Low Volatility 50 Index Fund	Other	Very High	0%	0	₹17.91
Nippon India Aggressive Hybrid Fund	Hybrid	High	9.51%	4	₹4,102.00
Nippon India Growth Mid Cap Fund	Equity	Very High	13.68%	4	₹42,124.50
Nippon India Nifty Midcap 150 Index Fund	Other	Very High	11.05%	3	₹2,152.91
Nippon India Index Fund - Nifty 50 Plan	Other	Very High	9.71%	3	₹3,061.39
Nippon India Flexi Cap Fund	Equity	Very High	6.51%	3	₹9,592.05
Nippon India Value Fund	Equity	Very High	9.42%	4	₹9,153.07
Nippon India Innovation Fund	Equity	Very High	7.57%	0	₹2,856.29
Nippon India Active Momentum Fund	Equity	Very High	0%	0	₹326.02
Nippon India ELSS Tax Saver Fund	Equity	Very High	11.61%	3	₹15,260.29
Nippon India Interval Fund-Annual-Sr.I	Debt	Moderately Low	7.02%	0	₹3.07
Nippon India Diversified Equity Flexicap Passive FoF	Other	Very High	8.3%	2	₹234.81
Nippon India Short Duration Fund	Debt	Moderate	7.98%	4	₹8,683.99
Nippon India Gold Savings Fund	Other	High	84.59%	1	₹5,301.24
Nippon India Nifty Smallcap 250 Index Fund	Other	Very High	1.01%	2	₹2,681.50
Nippon India Small Cap Fund	Equity	Very High	4.18%	4	₹68,287.15
Nippon India Retirement Fund-WC	Solution Oriented	Very High	7.92%	3	₹3,194.00
Nippon India Focused Fund	Equity	Very High	11.77%	3	₹8,789.81
Nippon India Retirement Fund-IG	Solution Oriented	Moderately High	4.29%	2	₹146.75
Nippon India Conservative Hybrid Fund	Hybrid	Very High	10.06%	5	₹934.34
Nippon India Low Duration Fund	Debt	Moderately Low	7.55%	3	₹10,508.31
Nippon India Index Fund - BSE Sensex Plan	Other	Very High	7.67%	2	₹991.57
Nippon India Nivesh Lakshya Long Duration Fund	Debt	Moderate	3.22%	0	₹8,568.90
Nippon India Consumption Fund	Equity	Very High	-1.96%	4	₹2,760.95
Nippon India Power & Infra Fund	Equity	Very High	10.61%	3	₹7,116.54
Nippon India Nifty IT Index Fund	Other	Very High	-13.35%	0	₹208.47
Nippon India Liquid Fund	Debt	Moderately Low	6.5%	4	₹25,993.84
Nippon India Nifty Alpha Low Volatility 30 IF	Other	Very High	2.29%	2	₹1,403.78
Nippon India Multi Asset Allocation Fund	Hybrid	Very High	25.29%	4	₹10,661.23
Nippon India Vision Large & Mid Cap Fund	Equity	Very High	9.36%	4	₹6,896.30
Nippon India Arbitrage Fund	Hybrid	Low	6.85%	3	₹16,393.17
Nippon India Floater Fund	Debt	Moderately Low	7.76%	3	₹8,470.51
Nippon India Interval Fund - Quarterly - Series II	Debt	Moderate	5.98%	0	₹14.64
Nippon India Nifty 500 Quality 50 Index Fund	Other	Very High	0%	0	₹41.93
Nippon India Silver ETF FOF	Other	Very High	188.3%	0	₹3,705.75
Nippon India Nifty AAA CPSE Bond Plus SDL-Apr2027 Maturity 60:40 IF	Other	Moderately Low	7.5%	0	₹3,051.26
Nippon India Nifty G-Sec-Jun2036 Maturity Index Fund	Other	Moderate	6.31%	0	₹880.77
Nippon India Multi - Asset Omni FoF	Other	Very High	20.1%	5	₹1,885.65
Nippon India Nifty Auto Index Fund	Other	Very High	18.7%	0	₹40.46
Nippon India Nifty 50 Value 20 Index Fund	Other	Very High	1.14%	1	₹1,051.25
Nippon India Money Market Fund	Debt	Moderate	7.35%	4	₹21,698.62
Nippon India MNC Fund	Equity	Very High	0%	0	₹440.65
Nippon India Nifty G-Sec-Sep2027 Maturity Index Fund	Other	Moderate	7.63%	0	₹409.85
Nippon India Overnight Fund	Debt	Low	5.71%	4	₹7,478.29
Nippon India Pharma Fund	Equity	Very High	2.91%	3	₹8,264.71
Nippon India BSE Sensex Next 30 Index Fund	Other	Very High	0%	0	₹38.22
Nippon India Banking and PSU Fund	Debt	Moderate	7.04%	3	₹5,437.21
Nippon India US Equity Opportunities Fund	Equity	Very High	3.14%	0	₹731.28
Nippon India Nifty Bank Index Fund	Other	Very High	20.66%	0	₹183.51
Nippon India Nifty SDL Plus G-Sec-Jun2028 Maturity 70:30 IF	Other	Moderate	7.67%	0	₹331.71
Nippon India Nifty AAA PSU Bond Plus SDL-Sep2026 Maturity 50:50 IF	Other	Moderately Low	7.26%	0	₹386.05
Nippon India Nifty SDL Plus G-Sec-Jun2029 Maturity 70:30 IF	Other	Moderate	7.75%	0	₹318.64
Nippon India Balanced Advantage Fund	Hybrid	Very High	8.59%	4	₹9,724.68
Nippon India Ultra Short Duration Fund	Debt	Moderate	7.4%	4	₹10,488.47
Nippon India Dynamic Bond Fund	Debt	Moderate	7.1%	4	₹4,077.62
Nippon India Corporate Bond Fund	Debt	Moderate	7.57%	4	₹8,887.75
Nippon India Credit Risk Fund	Debt	High	9.41%	5	₹1,030.58
Nippon India CRISIL-IBX AAA Financial Services-Jan 2028 Index Fund	Other	Moderate	8.18%	0	₹85.08
Nippon India Quant Fund	Equity	Very High	12.42%	0	₹109.99
Nippon India Multi Cap Fund	Equity	Very High	9.09%	5	₹50,352.17
Nippon India Nifty G-Sec-Oct2028 Maturity Index Fund	Other	Moderate	8.23%	0	₹126.44
Nippon India Nifty 500 Momentum 50 Index Fund	Other	Very High	1.72%	0	₹1,077.24
Nippon India Nifty Next 50 Junior BeES FoF	Other	Very High	9.21%	2	₹647.11
Nippon India Nifty India Manufacturing Index Fund	Other	Very High	0%	0	₹38.08
Nippon India Medium Duration Fund	Debt	Very High	9.73%	4	₹135.57

News

Nippon MF announces Income Distribution cum Capital Withdrawal (IDCW) under two schemes
Nippon India Mutual Fund has announced 05 February 2026 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) option under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:
Nippon India Pharma Fund:
Regular Plan ' IDCW: 8.5000
Direct Plan ' IDCW: 12.0000
Nippon India Focused Fund:
Regular Plan ' IDCW: 2.5000
Direct Plan ' IDCW: 3.5000
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Nippon India Mutual Fund announces Income Distribution cum Capital Withdrawal (IDCW) under two schemes
Nippon India Mutual Fund has announced 29 January 2026 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) under the following schemes. The amount of distribution (Rs per unit) on the face value of Rs 10 per unit will be:
Nippon India Power & Infra Fund ' Regular Plan ' IDCW Option: 4.50
Nippon India Power & Infra Fund ' Direct Plan ' IDCW Option: 5.00
Nippon India Retirement Fund - Wealth Creation Scheme ' Regular Plan ' IDCW Option & Direct Plan ' IDCW Option: 1.50 each.
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Nippon India MF announces Income Distribution cum Capital Withdrawal (IDCW) under two schemes
Nippon India Mutual Fund has announced 22 January 2026 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) option under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:
Nippon India Small Cap Fund:
Regular Plan ' IDCW: 2.00
Direct Plan ' IDCW: 3.00
Nippon India Banking & Financial Services Fund:
Regular Plan ' IDCW: 5.50
Direct Plan ' IDCW: 8.00
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Fund House Details & Investment Objective

Date of Incorporation

5 May 2015

Total AUM (Cr)

₹5437.21

Nippon India Banking and PSU Fund (IDCW-W) is an Banking and PSU Fund-oriented fund from the renowned AMC, Nippon India Mutual Fund. Launched in 5 May 2015, this fund is managed by Pranay Sinha. With assets under management (AUM) worth ₹5,437.21 (Cr), as of 5 February 2026, Nippon India Banking and PSU Fund (IDCW-W) is categorized as a Banking and PSU Fund within its segment. The fund has generated a return of 7.26% since its launch.
The current NAV of Nippon India Banking and PSU Fund (IDCW-W) is ₹10.31, as on 5 February 2026. The fund's benchmark index is CRISIL Banking and PSU Debt A-II Index. You can invest in Nippon India Banking and PSU Fund (IDCW-W) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 7.05% and 5.87% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 97.56% in Debt and 2.43% in cash and cash equivalents.