Fund Card

Fund Card

Nippon India Banking Fund(G)

As on Feb-26-2021 change fund
304.07  down-11.77 (-3.73%)

fund 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.

riskometer

Investors understand that their principal will be at very high risk

5-Years History
financial year2016-20172017-20182018-20192019-20202020-2021
NAV in Rs (as on 26-Feb-2021)224.54254.16285.18162.89304.07
Net Assets(Rs Crores) (as on 26-Feb-2021) 2555.25 2798.40 3060.93 1699.38 2498.67
Scheme Returns(%)(Absolute)41.5512.4412.21-43.1892.28
B'mark Returns(%)(Absolute)32.5812.6025.07-36.8791.14
Category Rank7/5617/6212/7373/7512/75
Quarterly performance - Last 5 years (Absolute Ret. in %)
financial year Q1 Q2 Q3 Q4
2020-202115.343.4234.97NA
2019-20204.24-10.9410.76-44.45
2018-20192.81-7.049.047.67
2017-201810.013.065.32-5.21
2016-201713.2211.85-7.0620.70
Top 10 holdings
company (%)
ICICI Bank Ltd.17.52 
HDFC Bank Ltd.13.21 
State Bank Of India10.53 
Axis Bank Ltd.8.37 
The Federal Bank Ltd.4.68 
SBI Cards And Payment Services...3.57 
Bank Of Baroda3.37 
SBI Life Insurance Company Ltd.3.11 
Muthoot Finance Ltd.2.96 
Max Financial Services Ltd.2.43 

Category

Sector Funds

Launch Date

26-May-03

Scheme Benchmark

NIFTY BANK

AUM ( in Cr.)

2,498.67

portfolio price to book value

2.87

investing style?

Large Growth

fund manager?

Vinay Sharma,Kinjal Desai

inception date (regular plan)

26-May-03

expense ratio (regular plan) %

2.20

Alpha [%]

-0.05

Beta [%]

1.14

Top 10 sectors
sectors (%)
Bank - Private51.43
Bank - Public14.80
Finance - NBFC13.24
Finance - Investment4.53
Insurance3.90
Finance Term Lending3.42
Finance - Others2.43
Finance - Stock Broking1.92
Finance - Housing1.17

Historical NAV Chart with Benchmark

to go
  • 1M
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  • maximum
performance comparision with similar schemes
scheme name investment style inception date AUM in Cr. 1W(%) 1M(%) 3M(%) 1Y(%) 3Y(%) 5Y(%) 10Y(%) since inception
Nippon India Banking Fund(G)Large-Growth 26-May-20032,498.67-2.1513.3922.988.414.6617.1212.0321.19BUYSIP
SBI Banking & Financial Services Fund-Reg(G)Large-Growth 26-Feb-20152,039.59-2.719.2715.5913.6915.1223.65NA14.95BUYSIP
Taurus Banking & Fin Serv Fund-Reg(G)Large-Growth 22-May-20128.70-3.058.1313.5211.5112.6820.14NA14.21BUYSIP
Tata Banking & Financial Services Fund-Reg(G)Large-Growth 28-Dec-2015581.26-2.637.9515.2214.6212.5921.98NA18.46BUYSIP
Sundaram Fin Serv Opp Fund(G)Large-Growth 10-Jun-2008283.72-2.808.0815.5515.7511.3320.2911.3014.21BUYSIP
Baroda Banking & Fin Serv Fund(G)Large-Growth 22-Jun-201251.18-2.459.6816.9810.6310.8118.67NA12.73BUYSIP
Invesco India Financial Services Fund(G)Large-Growth 14-Jul-2008266.84-2.206.3311.8610.549.8120.2613.7916.57BUYSIP
Aditya Birla SL Banking & Financial Services Fund-Reg(G)Large-Growth 14-Dec-20131,768.95-3.359.1414.6612.767.7519.14NA18.51BUYSIP
ICICI Pru Banking & Fin Serv Fund(G)Large-Growth 22-Aug-20083,210.91-2.0011.4620.9910.247.7120.6615.8717.40BUYSIP
LIC MF Banking & Financial Services Fund-Reg(G)Large-Growth 27-Mar-201556.52-2.746.8512.028.623.9412.91NA4.20BUYSIP
UTI Banking and Financial Services Fund-Reg(G)Large-Growth 30-Jul-2005621.85-2.909.5416.838.943.3415.9410.2113.23BUYSIP
IDBI Banking & Financial Services Fund-Reg(G)Large-Growth 04-Jun-201899.30-3.287.3713.7912.04NANANA8.12BUYSIP
Mirae Asset Banking and Financial Services Fund-Reg(G)Large-Growth 11-Dec-2020393.31-2.917.88NANANANANA12.03BUYSIP

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Mutual Fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not an indicator of future returns. ARN-104974