Fund Overview IDCW | Regular Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund Objective

The primary investment objective of the Scheme is to seek to generate continuous returns by actively investing in equity and equity related securities of companies in the Banking and Financial services sector. The AMC will have the discretion to completely or partially invest in any of the type of securities stated above with a view to maximize the returns or on defensive considerations. However, there can be no assurance that the investment objective of the Scheme will be realized, as actual market movements may be at variance with anticipated trends.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Nippon India Banking & Financial Services Fund - IDCW Option -6.35 -2.37 4.05 9.99 6.41 20.22
Nifty Financial Services - TRI N/A N/A N/A N/A N/A N/A
S&P BSE SENSEX - TRI -1.83 -2.24 2.76 15.87 12.01 13.34

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
Nippon India Banking & Financial Services Fund - IDCW Option May 26, 2003 4.05 9.99 6.41 2.05 4,019.67
ICICI Prudential Banking and Financial Services Fund - IDCW Aug 22, 2008 1.11 7.41 6.18 1.95 5,518.62
SBI Banking & Financial Services Fund - Regular Plan - Income Distribution cum Capital Withdrawal Option (IDCW) Feb 26, 2015 0.77 7.60 9.82 1.91 3,990.54
Aditya Birla Sun Life Banking and Financial Services Fund - REGULAR - IDCW Dec 14, 2013 -1.10 7.85 6.04 2.10 2,531.77
TATA Banking & Financial Services Fund Regular Plan - Payout of Income Distribution cum capital withdrawal option Dec 28, 2015 5.69 8.82 9.29 2.26 1,305.46
TATA Banking & Financial Services Fund Regular Plan - Reinvestment of Income Distribution cum capital withdrawal option Dec 28, 2015 5.69 8.82 9.29 2.26 1,305.46

Fund Holdings as on 31-December-2022

  • HDFC Bank Limited

  • ICICI Bank Limited

  • Axis Bank Limited

  • State Bank of India

  • IndusInd Bank Limited

  • Housing Development Finance Corporation Limited

  • LIC Housing Finance Limited

  • SBI Cards and Payment Services Limited

  • Equitas Small Finance Bank Limited

  • The Federal Bank Limited

  • Bandhan Bank Limited

  • SBI Life Insurance Company Limited

  • Bank of Baroda

  • UTI Asset Management Company Limited

  • Max Financial Services Limited

  • Triparty Repo

  • Karur Vysya Bank Limited

  • Angel One Limited

  • HDFC Life Insurance Company Limited

  • CreditAccess Grameen Limited

  • RBL Bank Limited

  • Cholamandalam Financial Holdings Limited

  • Canara Bank

  • Power Finance Corporation Limited

  • KFin Technologies Limited

  • PB Fintech Limited

  • Muthoot Finance Limited

  • Sundaram Finance Limited

  • Equitas Holdings Limited

  • Housing Development Finance Corporation Limited (Warrant)

  • Cash Margin - CCIL

  • Net Current Assets

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  • Bank - Private

  • Bank - Public

  • Finance - Housing

  • Finance - NBFC

  • Insurance

  • Finance - Others

  • Finance - Asset Management

  • Finance - Stock Broking

  • Miscellaneous

  • Finance - Investment

  • Finance Term Lending

  • Fintech

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Most Recent Dividend

  • 14/02/2022

  • 08/02/2021

  • 10/02/2020

  • 11/02/2019

  • 12/02/2018

  • 13/02/2017

  • 15/02/2016

  • 02/03/2015

  • 10/02/2014

  • 21/01/2013

  • 19/03/2012

  • 28/02/2011

  • 31/08/2009

  • 05/11/2007

  • 22/02/2007

  • 31/03/2006

  • 30/12/2005

  • 29/03/2005

  • 27/11/2003

  • Cash

  • Equity

  • Warrants

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About Nippon India Banking & Financial Services Fund

Scheme Analysis

Nippon India Banking & Financial Services Fund is a Equity - Sectoral Fund - Banks & Financial Services fund and belongs to Nippon India Mutual Fund. It was launched on 26-May-2003 and currently has an AUM of ₹4,019.67 crore. Nippon India Banking & Financial Services Fund is benchmarked against Nifty Financial Services - TRI as primary index and S&P BSE SENSEX - TRI as secondary index.

The NAV of Nippon India Banking & Financial Services Fund ended down ₹-1.1(-1.91%)yesterday to ₹56.6254.

Among its top 3 holdings the fund has exposure to HDFC Bank Limited, and

The Nippon India Banking & Financial Services Fund is managed by Vinay Sharma and Bhavik Dave.

Fund House Contact

4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W) Mumbai - 400 013

022-68087000
022-68087097