Fund Overview Growth | 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-Growth Plan-Growth Option 5.39 20.47 82.43 7.64 13.19 21.55
NIFTY BANK 1.77 9.31 66.60 8.94 13.61 18.01
NIFTY BANK - TRI N/A N/A N/A N/A N/A N/A
S&P BSE SENSEX - TRI 3.23 12.64 46.30 14.51 15.54 13.70

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-Growth Plan-Growth Option May 26, 2003 82.43 7.64 13.19 2.15 3,011.81
ICICI Prudential Banking and Financial Services Fund - Growth Aug 22, 2008 72.34 10.42 14.43 1.94 4,677.05
SBI BANKING & FINANCIAL SERVICES FUND - REGULAR PLAN - GROWTH Feb 26, 2015 61.58 12.41 16.75 2.11 2,703.63
Aditya Birla Sun Life Banking and Financial Services Fund - Regular Plan - Growth Dec 14, 2013 71.01 7.79 12.76 2.29 2,031.01
Tata Banking And Financial Services Fund-Regular Plan-Growth Dec 28, 2015 55.47 11.01 15.39 2.50 743.13
UTI Banking and Financial Services Fund - Regular Plan - Growth Option Jul 30, 2005 65.88 4.05 9.65 2.68 712.21

Fund Holdings as on 30-June-2021

  • HDFC Bank Limited

  • ICICI Bank Limited

  • State Bank of India

  • Axis Bank Limited

  • The Federal Bank Limited

  • SBI Life Insurance Company Limited

  • Bank of Baroda

  • SBI Cards and Payment Services Limited

  • Max Financial Services Limited

  • Angel Broking Limited

  • Magma Fincorp Limited

  • Cholamandalam Financial Holdings Limited

  • Muthoot Finance Limited

  • Triparty Repo

  • IndusInd Bank Limited

  • Power Finance Corporation Limited

  • Kotak Mahindra Bank Limited

  • RBL Bank Limited

  • Indian Railway Finance Corporation Limited

  • CreditAccess Grameen Limited

  • Bajaj Finserv Limited

  • UTI Asset Management Company Limited

  • Karur Vysya Bank Limited

  • LIC Housing Finance Limited

  • Motilal Oswal Financial Services Limited

  • Cash Margin - Derivatives

  • Equitas Small Finance Bank Limited

  • Equitas Holdings Limited

  • Net Current Assets

  • PNB Housing Finance Limited

  • Housing Development Finance Corporation Limited (Warrant)

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  • Bank - Private

  • Bank - Public

  • Finance - NBFC

  • Insurance

  • Finance - Stock Broking

  • Finance - Investment

  • Finance Term Lending

  • Miscellaneous

  • Finance - Others

  • Finance - Housing

  • Finance - Asset Management

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Fund Manager

  • Cash

  • Equity

  • Warrants

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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 ₹3,011.81 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 down ₹-2.15(-0.62%)yesterday to ₹347.1238.

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 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