Nippon India Banking and PSU Debt Fund Direct-Growth
Debt: Banking and PSU Debt - Growth (Open ended) Factsheet
SEBI Riskometer: ModerateCategory: Debt: Banking and PSU DebtBenchmark: CRISIL Banking and PSU Debt A-II IndexCheck Portfolio Overlap →
NAV: ₹22.95+0.05%
07 Sept 2026
Similar Funds
Side-by-side comparison of Nippon India Banking and PSU Debt Fund Direct-Growth with similar funds — trailing returns, risk metrics, AUM and expense ratio.
| Period | This Fund | Category Avg | Category Rank |
|---|---|---|---|
| 1Y Return | +5.50% | 5.56% | 11 / 20 |
| 3Y Return | +7.21% | 7.15% | 10 / 19 |
| 5Y Return | +6.29% | 6.22% | 8 / 18 |
| 10Y Return | +7.29% | 7.03% | 5 / 14 |
Trailing annualised returns (%). Category rank: lower is better. Green = top third of category.
Funds in Debt: Banking and PSU Debt
Top funds by AUM in the Debt: Banking and PSU Debt category — see how Nippon India Banking and PSU Debt Fund Direct-Growth compares on size and returns.
Funds Tracking CRISIL Banking and PSU Debt A-II Index
Top funds tracking the CRISIL Banking and PSU Debt A-II Index — sorted by AUM to show the largest options available.
Frequently Asked Questions
Which funds are similar to Nippon India Banking and PSU Debt Fund Direct-Growth?
Funds similar to Nippon India Banking and PSU Debt Fund Direct-Growth in the Debt: Banking and PSU Debt category include Bandhan Banking and PSU Debt Fund Direct-Growth, Axis Banking and PSU Debt Direct-Growth, and Aditya Birla Sun Life Banking and PSU Debt Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.
What is the rank of Nippon India Banking and PSU Debt Fund Direct-Growth in its category?
On a 3-year return basis Nippon India Banking and PSU Debt Fund Direct-Growth is ranked 10 out of 19 funds in the Debt: Banking and PSU Debt category as of 6 Sep 2026. On a 5-year return basis it ranks 8 out of 18. Consistently ranking in the top across multiple time periods is a stronger signal of fund quality than a single-period rank.
How does Nippon India Banking and PSU Debt Fund Direct-Growth's expense ratio compare to similar funds?
Nippon India Banking and PSU Debt Fund Direct-Growth has an expense ratio of 0.39%. The peers Bandhan Banking and PSU Debt Fund Direct-Growth has an expense ratio of 0.36% and Axis Banking and PSU Debt Direct-Growth has 0.36%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.
How does Nippon India Banking and PSU Debt Fund Direct-Growth's AUM compare to similar funds?
Nippon India Banking and PSU Debt Fund Direct-Growth has an AUM of ₹5,149.77 crore. The peers Bandhan Banking and PSU Debt Fund Direct-Growth has an AUM of ₹12,122 crore and Axis Banking and PSU Debt Direct-Growth has ₹12,003.9 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.
Which fund has the best 3-year returns in the Debt: Banking and PSU Debt?
The top performing fund in the Debt: Banking and PSU Debt category on a 3-year basis is Franklin India Banking & PSU Debt Fund Direct-Growth with a CAGR of 7.58% as of 6 Sep 2026. Nippon India Banking and PSU Debt Fund Direct-Growth has delivered 7.21% CAGR over the same period, ranking 10 out of 19 funds. You can view and compare the full category ranking on sharpely.
How does Nippon India Banking and PSU Debt Fund Direct-Growth rank in risk-adjusted returns vs peers?
On a risk-adjusted basis, Nippon India Banking and PSU Debt Fund Direct-Growth has a Sharpe ratio of 0.70 compared to the Debt: Banking and PSU Debt average of 0.87 as of 6 Sep 2026. It ranks 16 out of 19 funds in its category on Sharpe ratio.