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Fund Overview

Fund Size

Fund Size

₹6,191 Cr

Expense Ratio

Expense Ratio

0.19%

ISIN

ISIN

INF204KB15I9

Minimum SIP

Minimum SIP

-

Exit Load

Exit Load

-

Inception Date

Inception Date

31 May 2004

About this fund

Nippon India ETF Nifty Bank BeES is a Sector - Financial Services mutual fund schemes offered by Nippon India Mutual Fund. This fund has been in existence for 19 years, 10 months and 14 days, having been launched on 31-May-04.
As of 12-Apr-24, it has a Net Asset Value (NAV) of ₹494.74, Assets Under Management (AUM) of 6191.31 Crores, and an expense ratio of 0.19%.
  • Nippon India ETF Nifty Bank BeES has given a CAGR return of 17.13% since inception.
  • The fund's asset allocation comprises around 99.99% in equities, 0.00% in debts, and 0.01% in cash & cash equivalents.

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

+17.66%

+26.72%(Cat. Avg.)

3 Years

+16.95%

+20.31%(Cat. Avg.)

5 Years

+10.19%

+12.63%(Cat. Avg.)

10 Years

+14.40%

+13.96%(Cat. Avg.)

Since Inception

+17.13%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Equity6,190.57 Cr99.99%
Others0.74 Cr0.01%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity1,795.16 Cr28.99%
ICICI Bank LtdEquity1,468.82 Cr23.72%
Axis Bank LtdEquity568.87 Cr9.19%
State Bank of IndiaEquity565.57 Cr9.13%
Kotak Mahindra Bank LtdEquity564.19 Cr9.11%
IndusInd Bank LtdEquity428.52 Cr6.92%
Bank of BarodaEquity205.04 Cr3.31%
Punjab National BankEquity154.26 Cr2.49%
The Federal Bank LtdEquity140.41 Cr2.27%
IDFC First Bank LtdEquity124.51 Cr2.01%
AU Small Finance Bank LtdEquity113.54 Cr1.83%
Bandhan Bank LtdEquity61.68 Cr1.00%
Triparty RepoCash - Repurchase Agreement3.36 Cr0.05%
Net Current AssetsCash-2.62 Cr0.04%
Cash Margin - CcilCash - Collateral0 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

92.88%

Mid Cap Stocks

7.11%

Small Cap Stocks

--

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services6,190.57 Cr99.99%

Risk & Performance Ratios

Standard Deviation

This fund

16.09%

Cat. avg.

17.06%

Lower the better

Sharpe Ratio

This fund

0.50

Cat. avg.

0.60

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.10

Higher the better

Fund Managers

Himanshu Mange

Himanshu Mange

Since December 2023

Additional Scheme Detailsas of 31st March 2024

ISININF204KB15I9Expense Ratio0.19%Exit Load-Fund Size₹6,191 CrAge31 May 2004Lumpsum Minimum-Fund StatusOpen Ended Investment CompanyBenchmarkNifty Bank 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%-₹8.33 Cr16.0%
Aditya Birla Sun Life Nifty Financial Services ETF

Very High Risk

----
Nippon India ETF Nifty PSU Bank BeES

Very High Risk

0.5%-₹2653.66 Cr92.2%
Kotak Nifty PSU Bank ETF

Very High Risk

0.5%-₹1427.63 Cr92.3%
HDFC Nifty Bank ETF

Very High Risk

0.2%-₹2310.71 Cr17.6%
ICICI Prudential Nifty Private Banks ETF

Very High Risk

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

Very High Risk

0.2%-₹192.06 Cr17.6%
ICICI Prudential Banking and Financial Services Regular Growth

Very High Risk

1.8%1.0%₹7489.91 Cr25.1%
UTI Banking and Financial Services Fund Regular Growth

Very High Risk

2.3%1.0%₹1031.88 Cr28.0%
Nippon India Banking & Financial Services Fund Regular Growth

Very High Risk

1.9%1.0%₹5307.29 Cr34.2%

About the AMC

Total AUM

₹4,42,327 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

0.9%1.0%₹1295.56 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

Moderate Risk

-0.0%₹52.30 Cr7.1%
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

---7.1%
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%₹16.36 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 Cr7.0%
Nippon India Fixed Horizon Fund XLIV Series 1 Direct Growth

Moderate Risk

-0.0%-6.9%
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%₹159.50 Cr7.3%
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%₹4.92 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%₹82.89 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%₹3.93 Cr6.5%
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%-7.1%
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%₹58.87 Cr7.3%
Nippon India Interval Fund Monthly Series I Direct Growth

Low Risk

-0.0%₹3.21 Cr6.4%
Nippon India Fixed Horizon Fund - XLV - Series 5 Direct Growth

Moderately High risk

-0.0%-9.0%
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%₹297.85 Cr7.1%
Nippon India Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹13895.86 Cr8.4%
Nippon India Gilt Securities Fund Direct Growth

Moderate Risk

0.6%0.0%₹1546.55 Cr7.5%
Nippon India Banking & Financial Services Fund Direct Growth

Very High Risk

1.1%1.0%₹5307.29 Cr35.3%
Nippon India Power & Infra Fund Direct Growth

Very High Risk

1.1%1.0%₹4528.93 Cr78.3%
Nippon India Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹4559.36 Cr7.4%
Nippon India Growth Fund Direct Growth

Very High Risk

0.8%1.0%₹24796.00 Cr60.0%
Nippon India Multi Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹27745.59 Cr53.6%
Nippon India Gold Savings Fund Direct Growth

High Risk

0.9%1.0%₹1709.27 Cr19.6%
Nippon India Floating Rate Fund Direct Growth

Moderate Risk

0.3%0.0%₹7942.80 Cr7.8%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Nippon India ETF Nifty Bank BeES, as of 12-Apr-2024, is ₹494.74.
The fund has generated 17.66% over the last 1 year and 16.95% 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 99.99% in equities, 0.00% in bonds, and 0.01% in cash and cash equivalents.
The fund managers responsible for Nippon India ETF Nifty Bank BeES are:-
  1. Himanshu Mange