Fund Overview Dividend | 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 Sector and companies engaged in allied activities related to Banking Sector.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Nippon India Banking Fund-Dividend Plan-Dividend Option -7.70 -40.02 -47.49 -13.31 -2.46 17.56
NIFTY BANK -7.26 -34.23 -39.33 -6.36 0.77 15.56
NIFTY BANK - TRI N/A N/A N/A N/A N/A N/A
S&P BSE SENSEX - TRI 0.27 -15.70 -18.09 2.49 4.55 11.85

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 Fund-Dividend Plan-Dividend Option May 26, 2003 -47.49 -13.31 -2.46 2.34 1,894.58
Aditya Birla Sun Life Banking and Financial Services Fund - Regular Plan - Dividend Dec 14, 2013 -40.44 -9.74 2.01 2.38 1,350.68
SBI BANKING & FINANCIAL SERVICES FUND - REGULAR PLAN - DIVIDEND Feb 26, 2015 -30.29 -0.49 6.96 2.39 1,266.90
UTI Banking and Financial Services Fund - Regular Plan - Income Option Apr 09, 2004 -42.96 -12.22 -1.93 2.82 435.51
Sundaram Financial Services Opportunities Fund Reg Dividend Jun 10, 2008 -29.17 -5.90 1.53 2.71 192.93
Invesco India Financial Services Fund - Retail Dividend Jul 14, 2008 -28.62 -3.27 4.18 2.54 174.02

Fund Holdings as on 30-April-2020

  • HDFC Bank Limited

  • ICICI Bank Limited

  • State Bank of India

  • Bajaj Finserv Limited

  • Axis Bank Limited

  • The Federal Bank Limited

  • Kotak Mahindra Bank Limited

  • Triparty Repo

  • Bajaj Finance Limited

  • Bank of Baroda

  • IndusInd Bank Limited

  • Max Financial Services Limited

  • RBL Bank Limited

  • Motilal Oswal Financial Services Limited

  • Net Current Assets

  • Can Fin Homes Limited

  • ICICI Prudential Life Insurance Company Limited

  • CreditAccess Grameen Limited

  • Cholamandalam Financial Holdings Limited

  • Muthoot Finance Limited

  • Power Finance Corporation Limited

  • Cholamandalam Investment and Finance Company Limited

  • LIC Housing Finance Limited

  • PNB Housing Finance Limited

  • General Insurance Corporation of India

  • Cash Margin - Derivatives

  • Karur Vysya Bank Limited

  • Magma Fincorp Limited

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  • Bank - Private

  • Bank - Public

  • Finance - NBFC

  • Miscellaneous

  • Finance - Investment

  • Finance - Housing

  • Finance - Others

  • Insurance

  • Finance Term Lending

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Fund Manager

Most Recent Dividend

  • 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

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About Nippon India Banking Fund

Scheme Analysis

Nippon India Banking 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 ₹1,894.58 crore. Nippon India Banking Fund is benchmarked against NIFTY BANK as primary index and NIFTY BANK - TRI as primary index and S&P BSE SENSEX - TRI as secondary index.

The NAV of Nippon India Banking Fund ended up ₹0.55(2.13%)yesterday to ₹26.377.

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

The Nippon India Banking Fund is managed by Vinay Sharma and Kinjal Desai.

Fund House Contact

Reliance Centre, 7th Floor, South Wing, Off Western Express Highway, Santacruz (East) Mumbai - 400 055

022-43031000
022-43037662