Scheme Overview

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Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option

Category: Equity: Sectoral-Banking and Financial Services Launch Date: 01-05-2003
AUM:

₹ 715.79 Cr

Expense Ratio

1.84%

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 11-06-2025

637.6758

-2.25 (-0.3527%)

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

96.85%

Debt

0.00%

Others

3.15%

Indicators

Volatility 14.79
Sharp Ratio 1.1
Alpha 4.44
Beta 0.89
Yield to Maturity -
Average Maturity -

    • 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 18.65 24.13 29.24 20.73
NiftyFinancialServices TRI 22.01 20.21 22.11 17.84

Riskometer

riskometer
Sector Allocation
Sector Holdings (%)
Financial Services 96.85
N/A 3.15
Top 10 Holdings
Company Holdings (%)
HDFC BANK LIMITED EQ NEW FV RE. 1/- 21.06
ICICI BANK LIMITED EQ NEW FV RS. 2/- 15.23
AXIS BANK LIMITED EQ NE FV RS. 2/- 9.74
STATE BANK OF INDIA EQ NEW RE. 1/- 5.7
SBI CARDS AND PAYMENT SERVICES LIMITED EQ 3.65
BAJAJ FINSERV LIMITED EQ NEW FV RE.1/- 3.5
Triparty Repo 3.32
KOTAK MAHINDRA BANK LIMITED EQ NEW F.V RS.5/- 3.16
CHOLAMANDALAM FINANCIAL HOLDINGS LIMITED EQ NEW FV RE. 1/- 3.1
SBI LIFE INSURANCE COMPANY LIMITED EQ 3.07
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 18.65 24.13 29.24 14.18
DSP Banking & Financial Services Reg Gr 15-12-2023 25.84 0.0 0.0 0.0
WhiteOak Capital Banking & Financial Services Reg Gr 06-02-2024 21.14 0.0 0.0 0.0
SBI Banking and Fin Services Reg Gr 01-02-2015 19.97 23.04 24.59 16.71
Invesco India Fin Services Retail Gr 14-07-2008 19.54 26.28 25.19 15.43
Baroda BNP Paribas Banking and Fin Services Plan A Gr 22-06-2012 19.25 22.05 22.65 12.28
ICICI Pru Banking and Fin Services Gr 05-08-2008 19.2 20.38 24.72 14.34
Tata Banking And Fin Services Reg Gr 18-12-2015 19.01 23.84 22.78 0.0
Bandhan Financial Services Fund Reg Gr 28-07-2023 18.04 0.0 0.0 0.0
UTI Banking and Fin Services Reg Gr 01-08-2005 17.95 22.07 24.23 11.94