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
Reliance Banking Fund-Growth Plan-Growth Option -1.95 -1.00 8.01 14.63 13.49 22.96
NIFTY BANK -1.95 -1.50 11.13 16.34 14.09 18.95
NIFTY BANK - TRI 0.28 5.98 4.92 22.44 22.57 20.71
S&P BSE SENSEX - TRI -1.71 -1.50 6.70 12.69 9.81 13.15

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.)
Reliance Banking Fund-Growth Plan-Growth Option May 26, 2003 Unrated 8.01 14.63 13.49 2.04 3,203.25
ICICI Prudential Banking and Financial Services Fund - Growth Aug 22, 2008 Unrated 12.79 15.95 16.29 2.19 3,353.48
Aditya Birla Sun Life Banking and Financial Services Fund - Regular Plan - Growth Dec 14, 2013 Unrated 1.13 12.71 16.14 2.34 1,861.07
UTI Banking and Financial Services Fund - Regular Plan - Growth Option Apr 09, 2004 Unrated 2.53 10.71 11.51 2.44 667.95
Sundaram Financial Services Opportunities Fund Reg Growth Jun 10, 2008 Unrated 11.20 12.30 12.36 2.90 183.45
Taurus Banking & Financial Services Fund - Regular Plan - Growth Option May 22, 2012 Unrated 11.24 14.22 10.88 2.51 6.94

Fund Holdings as on 30-June-2019

  • ICICI Bank Limited

  • State Bank of India

  • HDFC Bank Limited

  • Bank of Baroda

  • Triparty Repo

  • Axis Bank Limited

  • Canara Bank

  • The Federal Bank Limited

  • Bajaj Finserv Limited

  • National Bank For Agriculture and Rural Development **

  • Bharat Financial Inclusion Limited

  • Cholamandalam Financial Holdings Limited

  • PNB Housing Finance Limited

  • Muthoot Finance Limited

  • Bajaj Finance Limited

  • IndusInd Bank Limited

  • Magma Fincorp Limited

  • SBI Life Insurance Company Limited

  • Max Financial Services Limited

  • Karur Vysya Bank Limited

  • Equitas Holdings Limited

  • HDFC Asset Management Company Limited

  • CARE Ratings Limited

  • Cholamandalam Investment and Finance Company Limited

  • ICICI Prudential Life Insurance Company Limited

  • Cash Margin - Derivatives

  • Net Current Assets

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  • Bank - Private

  • Bank - Public

  • Finance - NBFC

  • Miscellaneous

  • Finance - Investment

  • Finance - Housing

  • Insurance

  • Finance - Others

  • Finance - Asset Management

  • Ratings

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About Reliance Banking Fund

Scheme Analysis

Reliance Banking Fund is a Equity - Sectoral Fund - Banks & Financial Services fund and belongs to Reliance Nippon Mutual Fund. It was launched on 26-May-2003 and currently has an AUM of ₹3,203.25 crore. Reliance 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 Reliance Banking Fund ended down ₹-6.43(-2.23%)yesterday to ₹282.02.

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

The Reliance 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

022-33031000
022-33037662