Previously Known As : Nippon India Banking & Psu Debt Fund
Nippon India Banking And Psu Fund Datagrid
Category Banking and PSU Fund
BMSMONEY Rank 12
Rating
Growth Option 11-09-2026
NAV ₹21.98(R) -0.13% ₹22.92(D) -0.13%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 4.87% 6.76% 5.8% 6.44% 6.85%
Direct 5.28% 7.18% 6.24% 6.9% 7.27%
Benchmark
SIP (XIRR) Regular 4.73% 4.36% 5.74% 5.89% 6.22%
Direct 5.14% 4.77% 6.17% 6.33% 6.67%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.69 0.36 0.67 -0.71% 0.01
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
1.72% -0.59% -0.49% 1.06 1.12%
Fund AUM As on: 30/12/2025 5518 Cr
Top Banking and PSU Fund
Fund Name Rank Rating
Franklin India Banking & Psu Debt Fund 1
ICICI Prudential Banking & PSU Debt Fund 2
UTI Banking & PSU Fund 3
Kotak Banking And Psu Debt Fund 4

NAV Date: 11-09-2026

Scheme Name NAV Rupee Change Percent Change
NIPPON INDIA BANKING and PSU FUND - WEEKLY IDCW Option 10.26
-0.0100
-0.1400%
NIPPON INDIA BANKING and PSU FUND - Direct Plan - WEEKLY IDCW Option 10.26
-0.0100
-0.1300%
NIPPON INDIA BANKING and PSU FUND - MONTHLY IDCW Option 10.69
-0.0100
-0.1400%
NIPPON INDIA BANKING and PSU FUND - Direct Plan - MONTHLY IDCW Option 10.76
-0.0100
-0.1300%
NIPPON INDIA BANKING and PSU FUND - QUARTERLY IDCW Option 10.86
-0.0100
-0.1400%
NIPPON INDIA BANKING and PSU FUND - Direct Plan - QUARTERLY IDCW Option 10.93
-0.0100
-0.1300%
Nippon India Banking and PSU Fund- Growth Plan- Growth Option 21.98
-0.0300
-0.1300%
NIPPON INDIA BANKING and PSU FUND - IDCW Option 21.98
-0.0300
-0.1300%
Nippon India Banking and PSU Fund- Direct Plan-Growth Plan- Bonus Option 22.91
-0.0300
-0.1300%
Nippon India Banking and PSU Fund- Direct Plan-Growth Plan- Growth Option 22.92
-0.0300
-0.1300%
NIPPON INDIA BANKING and PSU FUND - Direct Plan - IDCW Option 22.92
-0.0300
-0.1300%

Review Date: 11-09-2026

Beginning of Analysis

In the Banking and PSU Debt Fund category, Nippon India Banking and PSU Fund is the 13th ranked fund. The category has total 20 funds. The Nippon India Banking and PSU Fund has shown an average past performence in Banking and PSU Debt Fund. The fund has a Jensen Alpha of -0.71% which is lower than the category average of -0.45%, showing poor performance. The fund has a Sharpe Ratio of 0.69 which is lower than the category average of 0.81.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Banking and PSU Debt Mutual Funds are a category of debt mutual funds that invest primarily in debt instruments issued by banks, public sector undertakings (PSUs), and public financial institutions. These funds must allocate a minimum of 80% of their total assets in debt securities issued by these entities. Banking and PSU Debt Mutual Funds are ideal for conservative investors seeking stable returns with relatively lower risk. However, they may not be suitable for those looking for higher returns or willing to take on more risk. Investors should also consider their investment horizon and tax implications before investing in these funds.

Nippon India Banking and PSU Fund Return Analysis

  • The fund has given a return of -0.18%, 1.42 and 2.79 in last one, three and six months respectively. In the same period the category average return was 0.01%, 1.54% and 2.74% respectively.
  • Nippon India Banking and PSU Fund has given a return of 5.28% in last one year. In the same period the Banking and PSU Debt Fund category average return was 5.41%.
  • The fund has given a return of 7.18% in last three years and ranked 9.0th out of nineteen funds in the category. In the same period the Banking and PSU Debt Fund category average return was 7.17%.
  • The fund has given a return of 6.24% in last five years and ranked 8th out of seventeen funds in the category. In the same period the Banking and PSU Debt Fund category average return was 6.29%.
  • The fund has given a return of 7.27% in last ten years and ranked 4th out of fourteen funds in the category. In the same period the category average return was 7.07%.
  • The fund has given a SIP return of 5.14% in last one year whereas category average SIP return is 5.3%. The fund one year return rank in the category is 12th in 20 funds
  • The fund has SIP return of 4.77% in last three years and ranks 10th in 19 funds. Franklin India Banking & Psu Debt Fund has given the highest SIP return (5.48%) in the category in last three years.
  • The fund has SIP return of 6.17% in last five years whereas category average SIP return is 6.22%.

Nippon India Banking and PSU Fund Risk Analysis

  • The fund has a standard deviation of 1.72 and semi deviation of 1.12. The category average standard deviation is 1.46 and semi deviation is 0.96.
  • The fund has a Value at Risk (VaR) of -0.59 and a maximum drawdown of -0.49. The category average VaR is -0.33 and the maximum drawdown is -0.36. The fund has a beta of 0.9 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Banking and PSU Debt Fund Category
  • Good Performance in Banking and PSU Debt Fund Category
  • Poor Performance in Banking and PSU Debt Fund Category
  • Very Poor Performance in Banking and PSU Debt Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -0.21
    -0.02
    		-0.34 | 0.52 17 | 20 Poor
    3M Return % 1.32
    1.45
    		1.22 | 1.91 17 | 20 Poor
    6M Return % 2.58
    2.56
    		2.21 | 3.26 7 | 20 Good
    1Y Return % 4.87
    5.04
    		4.44 | 6.30 13 | 20 Average
    3Y Return % 6.76
    6.80
    		6.36 | 7.22 11 | 19 Average
    5Y Return % 5.80
    5.91
    		5.33 | 7.44 10 | 17 Good
    7Y Return % 6.44
    6.36
    		5.79 | 6.94 9 | 15 Average
    10Y Return % 6.85
    6.71
    		6.27 | 7.01 6 | 14 Good
    1Y SIP Return % 4.73
    4.93
    		4.29 | 6.21 13 | 20 Average
    3Y SIP Return % 4.36
    4.46
    		4.00 | 5.15 14 | 19 Average
    5Y SIP Return % 5.74
    5.84
    		5.43 | 6.60 12 | 17 Average
    7Y SIP Return % 5.89
    5.96
    		5.57 | 6.84 9 | 15 Average
    10Y SIP Return % 6.22
    6.16
    		5.74 | 6.39 6 | 14 Good
    Standard Deviation 1.72
    1.46
    		0.98 | 2.08 18 | 19 Poor
    Semi Deviation 1.12
    0.96
    		0.63 | 1.41 17 | 19 Poor
    Max Drawdown % -0.49
    -0.36
    		-0.89 | 0.00 15 | 19 Average
    VaR 1 Y % -0.59
    -0.33
    		-1.21 | 0.00 16 | 19 Poor
    Average Drawdown % 0.26
    0.17
    		0.00 | 0.38 2 | 19 Very Good
    Sharpe Ratio 0.69
    0.81
    		0.53 | 1.29 15 | 19 Average
    Sterling Ratio 0.67
    0.67
    		0.63 | 0.71 11 | 19 Average
    Sortino Ratio 0.36
    0.44
    		0.26 | 0.81 15 | 19 Average
    Jensen Alpha % -0.71
    -0.45
    		-1.09 | 0.42 16 | 19 Poor
    Treynor Ratio 0.01
    0.02
    		0.01 | 0.03 15 | 19 Average
    Modigliani Square Measure % 1.00
    1.18
    		0.77 | 1.88 15 | 19 Average
    Alpha % -0.66
    -0.75
    		-1.08 | -0.29 7 | 19 Good
    Return data last Updated On : Sept. 11, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -0.18 0.01 -0.31 | 0.54 17 | 20 Poor
    3M Return % 1.42 1.54 1.31 | 1.97 16 | 20 Poor
    6M Return % 2.79 2.74 2.38 | 3.39 7 | 20 Good
    1Y Return % 5.28 5.41 4.73 | 6.61 12 | 20 Average
    3Y Return % 7.18 7.17 6.69 | 7.56 9 | 19 Good
    5Y Return % 6.24 6.29 5.72 | 7.71 8 | 17 Good
    7Y Return % 6.90 6.73 6.09 | 7.15 5 | 15 Good
    10Y Return % 7.27 7.07 6.50 | 7.41 4 | 14 Very Good
    1Y SIP Return % 5.14 5.30 4.57 | 6.48 12 | 20 Average
    3Y SIP Return % 4.77 4.82 4.32 | 5.48 10 | 19 Good
    5Y SIP Return % 6.17 6.22 5.90 | 6.88 9 | 17 Good
    7Y SIP Return % 6.33 6.33 5.96 | 7.10 6 | 15 Good
    10Y SIP Return % 6.67 6.52 6.04 | 6.79 5 | 14 Good
    Standard Deviation 1.72 1.46 0.98 | 2.08 18 | 19 Poor
    Semi Deviation 1.12 0.96 0.63 | 1.41 17 | 19 Poor
    Max Drawdown % -0.49 -0.36 -0.89 | 0.00 15 | 19 Average
    VaR 1 Y % -0.59 -0.33 -1.21 | 0.00 16 | 19 Poor
    Average Drawdown % 0.26 0.17 0.00 | 0.38 2 | 19 Very Good
    Sharpe Ratio 0.69 0.81 0.53 | 1.29 15 | 19 Average
    Sterling Ratio 0.67 0.67 0.63 | 0.71 11 | 19 Average
    Sortino Ratio 0.36 0.44 0.26 | 0.81 15 | 19 Average
    Jensen Alpha % -0.71 -0.45 -1.09 | 0.42 16 | 19 Poor
    Treynor Ratio 0.01 0.02 0.01 | 0.03 15 | 19 Average
    Modigliani Square Measure % 1.00 1.18 0.77 | 1.88 15 | 19 Average
    Alpha % -0.66 -0.75 -1.08 | -0.29 7 | 19 Good
    Return data last Updated On : Sept. 11, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Nippon India Banking And Psu Fund NAV Regular Growth Nippon India Banking And Psu Fund NAV Direct Growth
    11-09-2026 21.9775 22.9152
    10-09-2026 22.0072 22.9459
    09-09-2026 22.0147 22.9535
    08-09-2026 22.0083 22.9465
    07-09-2026 22.0081 22.9461
    04-09-2026 21.9981 22.9349
    03-09-2026 21.9845 22.9205
    02-09-2026 21.9484 22.8826
    01-09-2026 21.9378 22.8713
    31-08-2026 21.9352 22.8683
    28-08-2026 21.9376 22.8701
    27-08-2026 21.9482 22.881
    25-08-2026 21.9535 22.8859
    24-08-2026 21.9474 22.8794
    21-08-2026 21.9389 22.8697
    20-08-2026 21.9671 22.8989
    19-08-2026 22.0089 22.9422
    18-08-2026 22.0041 22.9369
    17-08-2026 22.0255 22.959
    14-08-2026 22.0381 22.9714
    13-08-2026 22.0358 22.9687
    12-08-2026 22.0286 22.9611
    11-08-2026 22.0247 22.9568

    Fund Launch Date: 05/May/2015
    Fund Category: Banking and PSU Fund
    Investment Objective: Portfolio Duration will be maintained between 1.5 - 3.5 years. The fund will tactically use up to 10 years G-Secs/ SDLs/ AAA Bonds to generate alpha. Strategy is to capture opportunity on the desired part of yield curve depending on the interest rate expectations going forward.
    Fund Description: An open ended debt scheme predominantly investing in Debt instruments of banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds
    Fund Benchmark: NIFTY Banking & PSU Debt Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.