Nippon India Banking Fund - Growth - Regular Plan

Other Plans and Options

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 9.31 29.41 -35.37 -8.05 1.26 18.93
NIFTY BANK 7.58 18.70 -28.11 -1.18 3.77 16.41
NIFTY BANK - TRI N/A N/A N/A N/A N/A N/A
S&P BSE SENSEX - TRI 7.30 22.51 -6.02 6.62 6.77 12.43

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 -35.37 -8.05 1.26 2.38 1,701.83
ICICI Prudential Banking and Financial Services Fund - Growth Aug 22, 2008 -29.13 -5.02 5.00 2.27 2,264.48
Aditya Birla Sun Life Banking and Financial Services Fund - Regular Plan - Growth Dec 14, 2013 -26.77 -4.40 5.18 2.48 1,234.30
SBI BANKING & FINANCIAL SERVICES FUND - REGULAR PLAN - GROWTH Feb 26, 2015 -19.51 3.24 9.19 2.41 1,212.67
UTI Banking and Financial Services Fund - Regular Plan - Growth Option Jul 30, 2005 -31.26 -8.17 0.80 2.53 403.03
Sundaram Financial Services Opportunities Fund Reg Growth Jun 10, 2008 -18.58 -0.82 4.45 2.66 181.01

Fund Holdings as on 31-May-2020

  • HDFC Bank Limited

  • ICICI Bank Limited

  • State Bank of India

  • Bajaj Finserv Limited

  • Reverse Repo

  • Axis Bank Limited

  • Kotak Mahindra Bank Limited

  • The Federal Bank Limited

  • Bajaj Finance Limited

  • Max Financial Services Limited

  • Bank of Baroda

  • Motilal Oswal Financial Services Limited

  • IndusInd Bank Limited

  • Muthoot Finance Limited

  • ICICI Prudential Life Insurance Company Limited

  • RBL Bank Limited

  • Can Fin Homes Limited

  • Cholamandalam Financial Holdings Limited

  • CreditAccess Grameen Limited

  • Cholamandalam Investment and Finance Company Limited

  • Power Finance Corporation Limited

  • General Insurance Corporation of India

  • Cash Margin - Derivatives

  • PNB Housing Finance Limited

  • Karur Vysya Bank Limited

  • Magma Fincorp Limited

  • Triparty Repo

  • Net Current Assets

View More

  • Bank - Private

  • Finance - NBFC

  • Bank - Public

  • Finance - Investment

  • Miscellaneous

  • Insurance

  • Finance - Others

  • Finance - Housing

  • Finance Term Lending

View More

Fund Manager

  • Cash

  • Equity

View More

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 ₹1,701.83 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 ₹3.58(1.84%)yesterday to ₹198.4255.

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

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

022-68087000
022-68087097