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Fund Overview

Fund Size

Fund Size

₹5,542 Cr

Expense Ratio

Expense Ratio

1.90%

ISIN

ISIN

INF204K01927

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

26 May 2003

About this fund

Nippon India Banking & Financial Services Fund Regular Growth is a Sector - Financial Services mutual fund schemes offered by Nippon India Mutual Fund. This fund has been in existence for 20 years, 11 months and 24 days, having been launched on 26-May-03.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹524.62, Assets Under Management (AUM) of 5541.72 Crores, and an expense ratio of 1.9%.
  • Nippon India Banking & Financial Services Fund Regular Growth has given a CAGR return of 20.78% since inception.
  • The fund's asset allocation comprises around 99.17% in equities, 0.00% in debts, and 0.83% in cash & cash equivalents.
  • You can start investing in Nippon India Banking & Financial Services Fund Regular Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+25.35%

+19.55% (Cat Avg.)

3 Years

+19.60%

+16.77% (Cat Avg.)

5 Years

+13.68%

+13.27% (Cat Avg.)

10 Years

+14.26%

+12.45% (Cat Avg.)

Since Inception

+20.78%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity5,495.79 Cr99.17%
Others45.93 Cr0.83%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity1,013.1 Cr18.28%
ICICI Bank LtdEquity910.58 Cr16.43%
Axis Bank LtdEquity517.68 Cr9.34%
State Bank of IndiaEquity343.46 Cr6.20%
Kotak Mahindra Bank LtdEquity235.47 Cr4.25%
The Federal Bank LtdEquity229.26 Cr4.14%
SBI Life Insurance Company LimitedEquity203.58 Cr3.67%
IndusInd Bank LtdEquity186.17 Cr3.36%
SBI Cards and Payment Services Ltd Ordinary SharesEquity169.03 Cr3.05%
ICICI Prudential Life Insurance Company LimitedEquity154.38 Cr2.79%
Max Financial Services LtdEquity132.59 Cr2.39%
Equitas Small Finance Bank Ltd Ordinary SharesEquity130.8 Cr2.36%
LIC Housing Finance LtdEquity130.22 Cr2.35%
Power Finance Corp LtdEquity126.76 Cr2.29%
Cholamandalam Financial Holdings LtdEquity123.36 Cr2.23%
Bajaj Finance LtdEquity118.35 Cr2.14%
Bajaj Finserv LtdEquity108.58 Cr1.96%
UTI Asset Management Co LtdEquity108.54 Cr1.96%
Canara BankEquity101.52 Cr1.83%
ICICI Lombard General Insurance Co LtdEquity92.41 Cr1.67%
CreditAccess Grameen Ltd Ordinary SharesEquity84.95 Cr1.53%
KFin Technologies LtdEquity74.35 Cr1.34%
Angel One Ltd Ordinary SharesEquity66.67 Cr1.20%
Multi Commodity Exchange of India LtdEquity62.59 Cr1.13%
Fedbank Financial Services LtdEquity46.92 Cr0.85%
Triparty RepoCash - Repurchase Agreement36.84 Cr0.66%
One97 Communications LtdEquity24.47 Cr0.44%
Net Current AssetsCash8.86 Cr0.16%
Cash Margin - CcilCash - Collateral0.23 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

74.96%

Mid Cap Stocks

11.61%

Small Cap Stocks

12.60%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services5,396.97 Cr97.39%
Technology98.82 Cr1.78%

Risk & Performance Ratios

Standard Deviation

This fund

15.96%

Cat. avg.

17.10%

Lower the better

Sharpe Ratio

This fund

1.01

Cat. avg.

0.73

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.35

Higher the better

Fund Managers

Vinay Sharma

Vinay Sharma

Since April 2018

KD

Kinjal Desai

Since May 2018

Bhavik Dave

Bhavik Dave

Since June 2021

Additional Scheme Detailsas of 30th April 2024

ISININF204K01927Expense Ratio1.90%Exit Load1.00%Fund Size₹5,542 CrAge26 May 2003Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty Financial Services TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Sector - Financial Services Funds

Fund nameExpense RatioExit LoadFund size
1Y
Tata Nifty Private Bank ETF

Very High Risk

0.1%-₹8.67 Cr8.7%
Aditya Birla Sun Life Nifty Financial Services ETF

Very High Risk

----
Nippon India ETF Nifty PSU Bank BeES

Very High Risk

0.5%-₹2875.67 Cr76.4%
Kotak Nifty PSU Bank ETF

Very High Risk

0.5%-₹1687.15 Cr76.5%
HDFC Nifty Bank ETF

Very High Risk

0.2%-₹2439.51 Cr10.9%
ICICI Prudential Nifty Private Banks ETF

Very High Risk

0.1%-₹1911.12 Cr14.1%
Axis NIFTY Bank ETF

Very High Risk

0.2%-₹201.28 Cr10.9%
ICICI Prudential Banking and Financial Services Regular Growth

Very High Risk

1.8%1.0%₹7423.85 Cr18.1%
UTI Banking and Financial Services Fund Regular Growth

Very High Risk

2.3%1.0%₹1079.86 Cr21.2%
Nippon India Banking & Financial Services Fund Regular Growth

Very High Risk

1.9%1.0%₹5541.72 Cr25.3%

About the AMC

Total AUM

₹4,54,004 Cr

Address

4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013

Other Funds by Nippon India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Nippon India Fixed Maturity Plan - XLVI - Series 1 - 92 Days Direct Growth

Moderately High risk

-0.0%--
Nippon India Innovation Fund Direct Growth

Very High Risk

0.8%1.0%₹1454.62 Cr-
Nippon India Fixed Horizon Fund XLII Series 1 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLII Series 7 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLI Series 6 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 5 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLI Series 7 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLIII - Series 4 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 6 Direct Growth

Moderate Risk

----
Nippon India Interval Fund Quarterly Series I Direct Growth

Low Risk

-0.0%₹52.30 Cr7.0%
Nippon India Fixed Horizon Fund XXXX Series 10 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth

Low to Moderate Risk

---6.8%
Nippon India Fixed Horizon Fund XLIV Series 3 Direct Growth

Moderate Risk

----
Nippon India Interval Fund Annual Series I Direct Growth

Low Risk

-0.0%₹16.45 Cr7.1%
Nippon India Fixed Horizon Fund XLIV Series 5 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLIII - Series 1 Direct Growth

Low to Moderate Risk

-0.0%₹186.11 Cr7.1%
Nippon India Fixed Horizon Fund XLIV Series 1 Direct Growth

Moderate Risk

-0.0%-6.8%
Nippon India Fixed Horizon Fund - XLIII - Series 3 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLI Series 5 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 3 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLIII Series 5 Direct Growth

Moderate Risk

-0.0%₹159.89 Cr6.9%
Nippon India Fixed Horizon Fund XXXIX Series 12 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLIII - Series 2 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLI Series 3 Direct Growth

Moderate Risk

-0.0%--
Nippon India Capital Protection Oriented Fund II Plan A Direct Growth

Low Risk

--₹40.32 Cr9.7%
Nippon India Interval Fund Quarterly Series III Direct Growth

Low Risk

-0.0%₹4.95 Cr7.1%
Nippon India Fixed Horizon Fund XLI Series 13 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XXXX Series 9 Direct Growth

Moderate Risk

-0.0%--
Nippon India Interval Fund Quarterly Series II Direct Growth

Moderate Risk

-0.0%₹83.40 Cr7.4%
Nippon India Fixed Horizon Fund XXXX Series 18 Direct Growth

Moderate Risk

-0.0%--
Nippon India Interval Fund Monthly Series II Direct Growth

Low Risk

-0.0%₹3.95 Cr6.4%
Nippon India Fixed Horizon Fund XXXX Sr 20 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XXXX Series 13 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLV - Series 4 Direct Growth

Low to Moderate Risk

-0.0%-6.8%
Nippon India Fixed Horizon Fund XLI Series 9 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLI Series 8 Direct Growth

Moderate Risk

-0.0%₹58.95 Cr7.0%
Nippon India Interval Fund Monthly Series I Direct Growth

Low Risk

-0.0%₹3.22 Cr6.3%
Nippon India Fixed Horizon Fund - XLV - Series 5 Direct Growth

Moderately High risk

-0.0%-8.8%
Nippon India Fixed Horizon Fund XXXIX Series 13 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 2 Direct Growth

Moderate Risk

----
Nippon India Nifty SDL Plus G-Sec - Jun 2029 Maturity 70:30 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹247.60 Cr6.7%
Nippon India Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹14796.07 Cr8.4%
Nippon India Gilt Securities Fund Direct Growth

Moderate Risk

0.5%0.0%₹1867.36 Cr7.0%
Nippon India Banking & Financial Services Fund Direct Growth

Very High Risk

1.1%1.0%₹5541.72 Cr26.3%
Nippon India Power & Infra Fund Direct Growth

Very High Risk

1.2%1.0%₹5043.02 Cr82.0%
Nippon India Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹4554.19 Cr6.6%
Nippon India Growth Fund Direct Growth

Very High Risk

0.8%1.0%₹26821.89 Cr60.1%
Nippon India Multi Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹30500.56 Cr54.2%
Nippon India Gold Savings Fund Direct Growth

High Risk

0.9%1.0%₹1842.45 Cr19.9%
Nippon India Floating Rate Fund Direct Growth

Moderate Risk

0.3%0.0%₹7946.15 Cr7.5%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Nippon India Banking & Financial Services Fund Regular Growth, as of 17-May-2024, is ₹524.62.
The fund has generated 25.35% over the last 1 year and 19.60% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 99.17% in equities, 0.00% in bonds, and 0.83% in cash and cash equivalents.
The fund managers responsible for Nippon India Banking & Financial Services Fund Regular Growth are:-
  1. Vinay Sharma
  2. Kinjal Desai
  3. Bhavik Dave