Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option
Category: Equity: Sectoral-Banking and Financial Services
Launch Date: 01-05-2003
AUM:
₹ 698.94 Cr
Expense Ratio
1.85%
Benchmark
NIFTY Financial Services TRI
ISIN
INF204K01927
Minimum Investment
5000.0
Minimum Topup
1000.0
Minimum SIP Amount
100
Exit Load
1% if redeemed or switched out on or before completion of 1 month from the date of allotment of units.Nil, thereafter.
Asset Class
Equity
Status
Open Ended Schemes
Fund Manager
FM 1 Vinay Sharma, FM 2 Bhavik Dave
NAV as on 17-09-2025
625.8707
2 (0.319%)
Overview
Investment Objective
The scheme aims to generate continuous returns by actively investing in equity, equity related or fixed income securities of banks. The proportion of investment between equity and debt will be decided based on the view of the fund manager on anticipated movement in both debt as well as equity markets.
Asset Allocation
Equity
98.21%
Debt
0.00%
Others
1.79%
Indicators
| Volatility | 14.79 |
| Sharp Ratio | 0.86 |
| Alpha | 3.62 |
| Beta | 0.87 |
| Yield to Maturity | - |
| Average Maturity | - |
-
-
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
-
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
-
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) | Since Launch (%) |
|---|---|---|---|---|
| Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option | 5.84 | 16.65 | 25.41 | 20.35 |
| Nifty Financial Services TRI | 11.54 | 14.08 | 20.21 | 17.56 |
Riskometer
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 98.21 |
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| HDFC BANK LIMITED EQ NEW FV RE. 1/- | 16.92 |
| ICICI BANK LIMITED EQ NEW FV RS. 2/- | 15.75 |
| AXIS BANK LIMITED EQ NE FV RS. 2/- | 9.12 |
| STATE BANK OF INDIA EQ NEW RE. 1/- | 7.0 |
| SBI LIFE INSURANCE COMPANY LIMITED EQ | 4.35 |
| SBI CARDS AND PAYMENT SERVICES LIMITED EQ | 3.41 |
| BAJAJ FINSERV LIMITED EQ NEW FV RE.1/- | 3.14 |
| THE FEDERAL BANK LIMITED EQ NEW FV RS.2/- | 3.13 |
| MAX FINANCIAL SERVICES LIMITED EQ NEW FV RS. 2/- | 2.78 |
| BANK OF BARODA EQ NEW FV RS. 2/- | 2.7 |
Peer Comparison
| Scheme Name | Inception Date | 1Yr Rtn (%) | 3Yrs Rtn (%) | 5Yrs Rtn (%) | 10Yrs Rtn(%) |
|---|---|---|---|---|---|
| Nippon India Banking and Financial Services Fund Gr Gr | 01-05-2003 | 5.84 | 16.65 | 25.41 | 14.06 |
| SBI Banking and Fin Services Reg Gr | 01-02-2015 | 11.01 | 17.73 | 22.03 | 16.8 |
| WhiteOak Capital Banking & Financial Services Reg Gr | 06-02-2024 | 9.52 | 0.0 | 0.0 | 0.0 |
| DSP Banking & Financial Services Reg Gr | 15-12-2023 | 7.86 | 0.0 | 0.0 | 0.0 |
| Helios Financial Services Fund Reg Gr | 13-06-2024 | 7.74 | 0.0 | 0.0 | 0.0 |
| Mirae Asset Banking and Fin Services Reg Gr | 11-12-2020 | 7.5 | 16.12 | 0.0 | 0.0 |
| UTI Banking and Fin Services Reg Gr | 01-08-2005 | 6.86 | 15.07 | 21.53 | 11.84 |
| ITI Banking and Financial Services Fund Reg Gr | 07-12-2021 | 6.66 | 11.95 | 0.0 | 0.0 |
| Tata Banking And Fin Services Reg Gr | 18-12-2015 | 6.08 | 16.37 | 20.48 | 0.0 |
| ICICI Pru Banking and Fin Services Gr | 05-08-2008 | 5.88 | 14.94 | 21.09 | 14.19 |