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 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 - Direct Plan Growth Plan - Growth Option 6.99 12.04 81.33 17.60 13.91 14.42
Nifty Financial Services - TRI N/A N/A N/A N/A N/A N/A
S&P BSE SENSEX - TRI 3.24 15.32 51.53 22.61 18.06 14.08

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 - Direct Plan Growth Plan - Growth Option Jan 01, 2013 81.33 17.60 13.91 1.38 3,144.35
ICICI Prudential Banking and Financial Services Fund - Direct Plan - Growth Jan 01, 2013 71.20 19.83 15.06 1.20 5,100.95
SBI BANKING & FINANCIAL SERVICES FUND - DIRECT PLAN - GROWTH Feb 26, 2015 59.01 24.02 18.47 0.87 2,948.45
Aditya Birla Sun Life Banking and Financial Services Fund - Direct Plan - Growth Dec 14, 2013 72.88 20.48 14.03 1.21 2,182.75
Tata Banking And Financial Services Fund-Direct Plan-Growth Dec 28, 2015 56.03 23.71 17.86 0.87 821.48
UTI Banking and Financial Services Fund - Direct Plan - Growth Option Jan 01, 2013 66.36 15.45 11.21 1.32 749.82

Fund Holdings as on 30-September-2021

  • HDFC Bank Limited

  • ICICI Bank Limited

  • State Bank of India

  • Axis Bank Limited

  • SBI Cards and Payment Services Limited

  • Bank of Baroda

  • SBI Life Insurance Company Limited

  • The Federal Bank Limited

  • Angel Broking Limited

  • LIC Housing Finance Limited

  • Cholamandalam Financial Holdings Limited

  • IndusInd Bank Limited

  • Poonawalla Fincorp Limited

  • Muthoot Finance Limited

  • Power Finance Corporation Limited

  • RBL Bank Limited

  • Max Financial Services Limited

  • Bajaj Finserv Limited

  • Housing Development Finance Corporation Limited

  • Equitas Small Finance Bank Limited

  • Indian Railway Finance Corporation Limited

  • Triparty Repo

  • CreditAccess Grameen Limited

  • UTI Asset Management Company Limited

  • AU Small Finance Bank Limited

  • Karur Vysya Bank Limited

  • HDFC Asset Management Company Limited

  • Equitas Holdings Limited

  • Net Current Assets

  • Cash Margin - Derivatives

  • Housing Development Finance Corporation Limited (Warrant)

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  • Bank - Private

  • Bank - Public

  • Finance - NBFC

  • Finance - Housing

  • Finance - Investment

  • Insurance

  • Finance - Stock Broking

  • Finance Term Lending

  • Finance - Asset Management

  • Miscellaneous

  • Finance - Others

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Fund Manager

  • 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 01-Jan-2013 and currently has an AUM of ₹3,144.35 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 up ₹2.22(0.56%)yesterday to ₹399.8848.

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