Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Growth Option
Nippon Life India Asset Management Limited · Direct Plan · Growth
Fund overview
1% on or before 1M, Nil after 1M
Returns & rankings
| Period | Fund Returns | Category Avg. | Rank | VS Category |
|---|---|---|---|---|
| … | ||||
Green = fund outperformed the category average for that period; red = underperformed. Periods under 1 year always show absolute (non-annualised) returns. Past performance does not guarantee future returns.
Return calculator
One-time investment
₹5,000
| Over the past | Total investment | Would've become | Returns |
|---|---|---|---|
| 1 Year | ₹5,000 | ₹5,654 | +654 |
| 3 Years | ₹5,000 | ₹7,229 | +2,229 |
| 5 Years | ₹5,000 | ₹9,243 | +4,243 |
Calculated using the fund's annualised return since inception (13.1% p.a.) as period-wise historical returns aren't available in the current feed. Actual returns fluctuate and are not guaranteed. Mutual fund investments are subject to market risks.
Holdings
33 securitiesTop 10 holdings make up 58.6% of the portfolio.
| Security | Sector | Market Cap | Weight |
|---|---|---|---|
| HDFC Bank Ltd | Banks | Large Cap | 15.76% |
| ICICI Bank Ltd | Banks | Large Cap | 13.26% |
| Axis Bank Ltd | Banks | Large Cap | 9.00% |
| State Bank Of India | Banks | Large Cap | 4.97% |
| Kotak Mahindra Bank Ltd | Banks | Large Cap | 4.06% |
| SBI Cards And Payment Services Ltd | Financial Services | Mid Cap | 3.36% |
| HDFC Asset Management Company Ltd | Capital Markets | Large Cap | 2.99% |
| Indusind Bank Ltd | Banks | Mid Cap | 2.65% |
| Cholamandalam Financial Holdings Ltd | Financial Services | Small Cap | 2.53% |
| ICICI Prudential Life Insurance Company Ltd | Insurance | Mid Cap | 2.49% |
Portfolio Allocation
Equity / Debt / Cash
Total Value
₹7,367 Cr
Market Cap Split
Total Value
100%
Equity sector allocation
Total Value
₹7,305 Cr
Exit load, stamp duty & tax
01-Jan-13
1% on or before 1M, Nil after 1M
0.005% (from July 1st, 2020)
Taxation depends on the fund category and holding period. Consult the scheme document or a tax advisor for details.
Risk & Performance Ratios (1Y)
| Standard Deviation | 11.02% |
| Beta | 0.80 |
| Sharpe Ratio | 1.99 |
| Sortino Ratio | 1.09 |
| Treynor Ratio | 0.27 |
| Jensen's Alpha | 14.37 |
| Information Ratio | 0.62 |
| R-Squared | 81.34% |
| Max Drawdown | -2.39% |
| Upside Capture | 128.82% |
| Downside Capture | 53.29% |
Fund management
Scheme Details
Investment 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 Sector And Companies Engaged In Allied Activities Related To Banking Sector.
Fund house
Nippon Life India Asset Management Limited
Frequently asked questions
What is the NAV of Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Growth Option?
The NAV of Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Growth Option is ₹665.66 as of 21 Oct 2026. NAV is updated at the end of every trading day.
How much expense ratio is charged by Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Growth Option?
The expense ratio charged by Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Growth Option is 1.07%.
What is the Min. SIP of Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Growth Option?
The minimum SIP investment in Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Growth Option is ₹100 per month.
What is the Min. Lumpsum of Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Growth Option?
The minimum lumpsum investment in Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Growth Option is ₹5,000.
What is the Exit Load of Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Growth Option?
The exit load for Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Growth Option is: 1% on or before 1M, Nil after 1M
.svg){kind=small}