Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option
AUM:
₹ 0 Cr
Expense Ratio
1.88%
Benchmark
NIFTY 50 TRI
ISIN
INF204K01927
Minimum Investment
5000.0
Minimum Topup
1000.0
Minimum SIP Amount
100
Exit Load
levied on the Units redeemed will be the rate prevailing at the time of the allotment of the Units. For Special products registrations, load for each transaction is based on the load structure applicable as on the registration date.
Asset Class
Equity
Status
Open Ended Schemes
Fund Manager
Vinay Sharma, Bhavik Dave
590.1902
2.32 (0.3925%)
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
99.18%
Debt
0.00%
Others
0.82%
Indicators
| Volatility | 14.79 |
| Sharp Ratio | 0.83 |
| Alpha | 5.14 |
| Beta | 0.98 |
| 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 | 16.67 | 18.26 | 15.09 | 20.81 |
| NIFTY 50 TRI | 18.81 | 13.21 | 16.79 | 14.14 |
Riskometer
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial | 89.48 |
| Insurance | 8.13 |
| Services | 1.57 |
| Others | 0.82 |
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| HDFC Bank Ltd. | 18.28 |
| ICICI Bank Ltd. | 16.43 |
| Axis Bank Ltd. | 9.34 |
| State Bank of India | 6.2 |
| Kotak Mahindra Bank Ltd. | 4.25 |
| The Federal Bank Ltd. | 4.14 |
| SBI Life Insurance Company Ltd. | 3.67 |
| Indusind Bank Ltd. | 3.36 |
| SBI Cards And Payment Services Ltd. | 3.05 |
| ICICI Prudential Life Insurance Company Ltd. | 2.79 |
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 | 16.67 | 18.26 | 15.09 | 13.09 |
| Invesco India Fin Services Retail Gr | 14-07-2008 | 26.44 | 20.0 | 16.21 | 15.14 |
| SBI Banking and Fin Services Reg Gr | 01-02-2015 | 25.71 | 17.15 | 14.82 | 0.0 |
| Bandhan Financial Services Fund Reg Gr | 28-07-2023 | 24.49 | 0.0 | 0.0 | 0.0 |
| DSP Banking & Financial Services Reg Gr | 15-12-2023 | 22.72 | 0.0 | 0.0 | 0.0 |
| Quant BFSI Fund Reg Gr | 05-06-2023 | 21.49 | 0.0 | 0.0 | 0.0 |
| Kotak Banking & Financial Services Fund Reg Gr | 27-02-2023 | 19.21 | 0.0 | 0.0 | 0.0 |
| Baroda BNP Paribas Banking and Fin Services Plan A Gr | 22-06-2012 | 18.91 | 16.72 | 12.14 | 11.14 |
| Mirae Asset Banking and Fin Services Reg Gr | 11-12-2020 | 18.08 | 15.33 | 0.0 | 0.0 |
| ICICI Pru Banking and Fin Services Gr | 05-08-2008 | 17.61 | 13.75 | 12.46 | 13.13 |