Nippon India Banking & Financial Services Fund - IDCW - Regular Plan

Other Plans and Options

Fund Overview IDCW | 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 - IDCW Option 1.30 1.79 17.86 19.58 15.38 20.70
BSE SENSEX - TRI 1.68 0.82 18.74 14.37 16.48 13.77
Nifty Financial Services - TRI N/A N/A N/A N/A N/A N/A

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 - IDCW Option May 26, 2003 17.86 19.58 15.38 1.88 6,307.03
SBI Banking & Financial Services Fund - Regular Plan - Income Distribution cum Capital Withdrawal Option (IDCW) Feb 26, 2015 28.41 18.36 15.07 1.82 6,548.41
UTI Banking and Financial Services Fund - Regular Plan - IDCW Apr 09, 2004 20.31 16.05 12.23 2.20 1,170.31
LIC MF Banking and Financial Services Fund-Regular Plan-IDCW Mar 27, 2015 8.28 14.47 10.88 2.42 263.11

Fund Holdings as on 30-November-2024

  • HDFC Bank Limited

  • ICICI Bank Limited

  • Axis Bank Limited

  • State Bank of India

  • Kotak Mahindra Bank Limited

  • IndusInd Bank Limited

  • The Federal Bank Limited

  • SBI Life Insurance Company Limited

  • SBI Cards and Payment Services Limited

  • Cholamandalam Financial Holdings Limited

  • Power Finance Corporation Limited

  • UTI Asset Management Company Limited

  • Bajaj Finserv Limited

  • Max Financial Services Limited

  • Bajaj Finance Limited

  • Triparty Repo

  • AU Small Finance Bank Limited

  • One 97 Communications Limited

  • HDFC Life Insurance Company Limited

  • Multi Commodity Exchange of India Limited

  • Equitas Small Finance Bank Limited

  • KFin Technologies Limited

  • Aavas Financiers Limited

  • Angel One Limited

  • CreditAccess Grameen Limited

  • ICICI Lombard General Insurance Company Limited

  • Canara Bank

  • Fedbank Financial Services Limited

  • Net Current Assets

  • Cash Margin - CCIL

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  • Bank - Private

  • Finance - NBFC

  • Bank - Public

  • Insurance

  • Finance - Investment

  • Finance - Stock Broking

  • Finance Term Lending

  • Finance - Asset Management

  • Finance - Others

  • Miscellaneous

  • Fintech

  • Depository Services

  • Finance - Housing

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Most Recent Dividend

  • 19/02/2024

  • 13/02/2023

  • 14/02/2022

  • 08/02/2021

  • 10/02/2020

  • 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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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 ₹6,307.03 crore. Nippon India Banking & Financial Services Fund is benchmarked against BSE SENSEX - TRI as primary index and Nifty Financial Services - TRI as secondary index.

The NAV of Nippon India Banking & Financial Services Fund ended down ₹-0.01(-0.02%)yesterday to ₹73.3291.

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