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 -1.82 -12.17 3.41 8.41 10.48 21.74
NIFTY BANK 2.45 -6.65 11.52 14.45 12.92 18.44
NIFTY BANK - TRI 0.28 5.98 4.92 22.44 22.57 20.71
S&P BSE SENSEX - TRI 3.98 -1.02 11.15 13.09 9.63 13.05

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 Unrated 3.41 8.41 10.48 2.05 2,872.34
ICICI Prudential Banking and Financial Services Fund - Dividend Aug 22, 2008 Unrated 12.40 10.36 13.98 2.12 3,290
Aditya Birla Sun Life Banking and Financial Services Fund - Regular Plan - Dividend Dec 14, 2013 Unrated 11.15 8.84 15.40 2.41 1,805.88
UTI Banking and Financial Services Fund - Regular Plan - Income Option Apr 09, 2004 Unrated 4.38 6.35 9.24 2.76 624.42
Sundaram Financial Services Opportunities Fund Reg Dividend Jun 10, 2008 Unrated 20.97 10.59 11.71 2.86 192.90
Invesco India Financial Services Fund - Retail Dividend Jul 14, 2008 Unrated 15.16 13.30 14.42 2.59 163.33

Fund Holdings as on 30-September-2019

  • ICICI Bank Limited

  • HDFC Bank Limited

  • State Bank of India

  • Axis Bank Limited

  • Bajaj Finserv Limited

  • The Federal Bank Limited

  • Bank of Baroda

  • Cholamandalam Financial Holdings Limited

  • Canara Bank

  • RBL Bank Limited

  • Bajaj Finance Limited

  • LIC Housing Finance Limited

  • IndusInd Bank Limited

  • Max Financial Services Limited

  • Reverse Repo

  • PNB Housing Finance Limited

  • Muthoot Finance Limited

  • Net Current Assets

  • Karur Vysya Bank Limited

  • ICICI Prudential Life Insurance Company Limited

  • Equitas Holdings Limited

  • Magma Fincorp Limited

  • ICICI Lombard General Insurance Company Limited

  • HDFC Asset Management Company Limited

  • HDFC Life Insurance Company Limited

  • Cash Margin - Derivatives

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  • Bank - Private

  • Bank - Public

  • Finance - Investment

  • Finance - NBFC

  • Finance - Housing

  • Miscellaneous

  • Insurance

  • Finance - Others

  • Finance - Asset Management

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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 ₹2,872.34 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 ₹-0.14(-0.31%)yesterday to ₹45.78.

Among its top 3 holdings the fund has exposure to ICICI Bank Limited, HDFC Bank Limited and State Bank of India

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

Most Recent Dividend

  • 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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