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 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-Growth Plan-Growth Option 7.54 9.39 21.66 25.09 14.80 20.98
Nifty Financial Services - TRI N/A N/A N/A N/A N/A N/A
S&P BSE SENSEX - TRI 7.08 5.12 12.89 16.65 15.64 13.59

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-Growth Plan-Growth Option May 26, 2003 21.66 25.09 14.80 1.94 4,845.91
LIC MF BANKING AND FINANCIAL SERVICES FUND-REGULAR PLAN-GROWTH Mar 27, 2015 17.58 17.16 13.57 2.51 291.72

Fund Holdings as on 30-November-2023

  • HDFC Bank Limited

  • ICICI Bank Limited

  • Axis Bank Limited

  • State Bank of India

  • SBI Life Insurance Company Limited

  • IndusInd Bank Limited

  • SBI Cards and Payment Services Limited

  • The Federal Bank Limited

  • Max Financial Services Limited

  • LIC Housing Finance Limited

  • Power Finance Corporation Limited

  • Equitas Small Finance Bank Limited

  • Kotak Mahindra Bank Limited

  • Triparty Repo

  • Cholamandalam Financial Holdings Limited

  • Angel One Limited

  • UTI Asset Management Company Limited

  • Canara Bank

  • CreditAccess Grameen Limited

  • Bandhan Bank Limited

  • Bajaj Finserv Limited

  • ICICI Prudential Life Insurance Company Limited

  • Sundaram Finance Limited

  • KFin Technologies Limited

  • Bank of Baroda

  • Fedbank Financial Services Limited

  • Bajaj Finance Limited

  • ICICI Lombard General Insurance Company Limited

  • Indian Renewable Energy Development Agency Limited

  • Cash Margin - CCIL

  • Net Current Assets

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  • Bank - Private

  • Bank - Public

  • Finance - NBFC

  • Insurance

  • Finance - Others

  • Finance - Investment

  • Finance - Housing

  • Finance Term Lending

  • Finance - Stock Broking

  • Miscellaneous

  • Finance - Asset Management

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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 26-May-2003 and currently has an AUM of ₹4,845.91 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 ₹0.67(0.13%)yesterday to ₹500.8849.

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