Fund Overview Growth | Direct 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 - Direct Plan Growth Plan - Growth 6.03 5.51 -22.65 -6.88 4.53 7.60
NIFTY BANK 11.42 10.41 -20.30 -1.47 6.60 16.45
NIFTY BANK - TRI N/A N/A N/A N/A N/A N/A
S&P BSE SENSEX - TRI 4.25 5.31 0.09 7.29 9.62 12.63

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 - Direct Plan Growth Plan - Growth Jan 01, 2013 -22.65 -6.88 4.53 1.51 2,010.37
ICICI Prudential Banking and Financial Services Fund - Direct Plan - Growth Jan 01, 2013 -20.27 -4.03 9.00 1.32 2,685.24
SBI BANKING & FINANCIAL SERVICES FUND - DIRECT PLAN - GROWTH Feb 26, 2015 -10.07 5.78 13.90 1.10 1,495.19
Aditya Birla Sun Life Banking and Financial Services Fund - Direct Plan - Growth Dec 14, 2013 -18.83 -3.50 9.11 1.25 1,463.72
UTI Banking and Financial Services Fund - Direct Plan - Growth Option Jan 01, 2013 -21.11 -7.22 4.64 1.85 480.72
Sundaram Financial Services Opportunities Fund - Direct Plan - Growth Option Jan 02, 2013 -13.36 0.88 8.34 1.24 208.11

Fund Holdings as on 30-September-2020

  • HDFC Bank Limited

  • ICICI Bank Limited

  • State Bank of India

  • Axis Bank Limited

  • The Federal Bank Limited

  • Muthoot Finance Limited

  • Max Financial Services Limited

  • Kotak Mahindra Bank Limited

  • Bajaj Finserv Limited

  • IndusInd Bank Limited

  • Motilal Oswal Financial Services Limited

  • Bank of Baroda

  • Triparty Repo

  • CreditAccess Grameen Limited

  • Power Finance Corporation Limited

  • SBI Cards and Payment Services Limited

  • Cholamandalam Financial Holdings Limited

  • Cholamandalam Investment and Finance Company Limited

  • RBL Bank Limited

  • ICICI Lombard General Insurance Company Limited

  • AU Small Finance Bank Limited

  • PNB Housing Finance Limited

  • HDFC Asset Management Company Limited

  • Karur Vysya Bank Limited

  • Magma Fincorp Limited

  • Cash Margin - Derivatives

  • General Insurance Corporation of India

  • JM Financial Limited

  • Angel Broking Limited

  • Net Current Assets

View More
  • Bank - Private

  • Finance - NBFC

  • Bank - Public

  • Finance - Investment

  • Miscellaneous

  • Finance - Others

  • Insurance

  • Finance Term Lending

  • Finance - Housing

  • Finance - Asset Management

  • Finance - Stock Broking

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 01-Jan-2013 and currently has an AUM of ₹2,010.37 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 ₹-0.27(-0.13%)yesterday to ₹216.3002.

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