Fund Card

Fund Card

Nippon India Banking Fund(G)

As on Jul-30-2021 change fund
339.49  down-1.70 (-0.50%)

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 31-Mar-2021)224.54254.16285.18162.89289.87
Net Assets(Rs Crores) (as on 31-Mar-2021) 2555.25 2798.40 3060.93 1699.38 2658.73
Scheme Returns(%)(Absolute)41.5512.4412.21-43.1883.30
B'mark Returns(%)(Absolute)32.5812.6025.07-36.8782.90
Category Rank7/5617/6212/7373/7521/75
Quarterly performance - Last 5 years (Absolute Ret. in %)
financial year Q1 Q2 Q3 Q4
2021-202214.33NANANA
2020-202115.343.4234.9710.54
2019-20204.24-10.9410.76-44.45
2018-20192.81-7.049.047.67
2017-201810.013.065.32-5.21
Top 10 holdings
company (%)
HDFC Bank Ltd.15.88 
ICICI Bank Ltd.14.57 
State Bank Of India10.76 
Axis Bank Ltd.9.83 
The Federal Bank Ltd.4.39 
SBI Life Insurance Company Ltd.4.35 
Bank Of Baroda4.20 
SBI Cards And Payment Services...3.07 
Max Financial Services Ltd.2.82 
Angel Broking Ltd.2.76 

Category

Sector Funds

Launch Date

26-May-03

Scheme Benchmark

NIFTY BANK

AUM ( in Cr.)

3,011.81

portfolio price to book value

3.41

investing style?

Large Growth

fund manager?

Vinay Sharma,Bhavik Dave

inception date (regular plan)

26-May-03

expense ratio (regular plan) %

2.15

Alpha [%]

0.08

Beta [%]

1.20

Top 10 sectors
sectors (%)
Bank - Private51.62
Bank - Public14.96
Finance - NBFC9.67
Insurance4.35
Finance - Stock Broking3.85
Finance - Investment3.67
Finance Term Lending3.30
Finance - Others2.82
Finance - Housing1.36
Finance - Asset Management1.13

Historical NAV Chart with Benchmark

to go
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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-20033,011.81-0.182.4416.8376.776.5312.1612.8621.38BUYSIP
Sundaram Fin Serv Opp Fund(G)Large-Growth 10-Jun-2008373.17-0.121.137.7656.5311.6612.6311.1814.06BUYSIP
SBI Banking & Financial Services Fund-Reg(G)Large-Growth 26-Feb-20152,703.63-0.870.287.4054.9711.1215.51NA14.45BUYSIP
Invesco India Financial Services Fund(G)Large-Growth 14-Jul-2008331.38-0.562.6511.7652.9010.7714.5113.9516.67BUYSIP
Taurus Banking & Fin Serv Fund-Reg(G)Large-Growth 22-May-20129.08-0.920.505.0547.609.8412.95NA13.58BUYSIP
Tata Banking & Financial Services Fund-Reg(G)Large-Growth 28-Dec-2015743.13-0.131.177.6248.859.7014.20NA17.58BUYSIP
ICICI Pru Banking & Fin Serv Fund(G)Large-Growth 22-Aug-20084,677.05-0.972.0214.5565.989.3913.2216.1817.63BUYSIP
IDBI Banking & Financial Services Fund-Reg(G)Large-Growth 04-Jun-2018100.38-0.79-0.085.3548.707.64NANA7.62BUYSIP
Baroda Banking & Fin Serv Fund(G)Large-Growth 22-Jun-201253.98-0.90-0.074.1547.867.3710.61NA11.80BUYSIP
Aditya Birla SL Banking & Financial Services Fund-Reg(G)Large-Growth 14-Dec-20132,031.010.142.0310.4263.786.7611.50NA18.57BUYSIP
LIC MF Banking & Financial Services Fund-Reg(G)Large-Growth 27-Mar-201560.41-1.050.296.4348.076.116.24NA4.32BUYSIP
UTI Banking and Financial Services Fund-Reg(G)Large-Growth 30-Jul-2005712.21-1.000.287.2758.612.748.2510.0113.08BUYSIP
Mirae Asset Banking and Financial Services Fund-Reg(G)Large-Growth 11-Dec-2020640.95-0.271.037.48NANANANA17.16BUYSIP

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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