Nippon India Banking & PSU Fund - Weekly IDCW Option - Investment Information
- Debt
- Banking and PSU
- Status: Open
About This Fund
Nippon India Banking & PSU Fund - Weekly IDCW Option 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).
Investment Details
Fund size
₹5,531.54 Cr.
Min. Investment
₹5,000
Min. Sip Inv.
₹100
Min. Addl Inv.
₹1,000
Expense Ratio
0.76%
Turn over
0.0%
Exit Load
Data not available.
Basic Details
KRA
KARVY
Inv. Plan
Dividend
Launched On
15 May 2015
Benchmark
NIFTY Banking and PSU Debt Total Return Index
Fund Type
Open Ended
AMC Information
AMC
Nippon India Mutual Fund
Email
customercare@nipponindiaim.in
Office No
022-6808 7000
Website
https://mf.nipponindiaim.com
Address
Registered Office: 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai 400 013
SIP Amount
₹
Monthly SIP Date
Nippon India Banking & PSU Fund - Weekly IDCW Option
Is This Mutual Fund Right for You?
+10k investors used our Suitability Test to get better returns
Fund Suitability Test
Let's Get Started.
Frequently Asked Questions
Everything You Need To Know To Get Started With Confidence
In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.