Nippon India Banking & Financial Services Fund Regular Growth
EquitySector - Financial ServicesVery High Risk
Regular
NAV (21-Jan-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹6,282 Cr
Expense Ratio
1.88%
ISIN
INF204K01927
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
26 May 2003
About this fund
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹542.54, Assets Under Management (AUM) of 6282.05 Crores, and an expense ratio of 1.88%.
- Nippon India Banking & Financial Services Fund Regular Growth has given a CAGR return of 20.25% since inception.
- The fund's asset allocation comprises around 96.99% in equities, 0.00% in debts, and 3.01% 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
+8.80%
+6.19% (Cat Avg.)
3 Years
+14.61%
+12.96% (Cat Avg.)
5 Years
+13.18%
+12.09% (Cat Avg.)
10 Years
+11.04%
+9.84% (Cat Avg.)
Since Inception
+20.25%
— (Cat Avg.)
Portfolio Summaryas of 31st December 2024
| Equity | ₹6,092.66 Cr | 96.99% |
| Others | ₹189.39 Cr | 3.01% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹1,367.69 Cr | 21.77% |
| ICICI Bank Ltd | Equity | ₹1,014.47 Cr | 16.15% |
| Axis Bank Ltd | Equity | ₹564.32 Cr | 8.98% |
| Kotak Mahindra Bank Ltd | Equity | ₹294.7 Cr | 4.69% |
| State Bank of India | Equity | ₹285.77 Cr | 4.55% |
| IndusInd Bank Ltd | Equity | ₹252.29 Cr | 4.02% |
| Triparty Repo | Cash - Repurchase Agreement | ₹200.58 Cr | 3.19% |
| The Federal Bank Ltd | Equity | ₹185.53 Cr | 2.95% |
| SBI Life Insurance Co Ltd | Equity | ₹180.78 Cr | 2.88% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹167.35 Cr | 2.66% |
| UTI Asset Management Co Ltd | Equity | ₹153.31 Cr | 2.44% |
| Bajaj Finserv Ltd | Equity | ₹143.12 Cr | 2.28% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹141.33 Cr | 2.25% |
| Power Finance Corp Ltd | Equity | ₹139.97 Cr | 2.23% |
| Bajaj Finance Ltd | Equity | ₹137.1 Cr | 2.18% |
| Max Financial Services Ltd | Equity | ₹134.96 Cr | 2.15% |
| One97 Communications Ltd | Equity | ₹107.49 Cr | 1.71% |
| AU Small Finance Bank Ltd | Equity | ₹105.87 Cr | 1.69% |
| HDFC Life Insurance Co Ltd | Equity | ₹97.3 Cr | 1.55% |
| Multi Commodity Exchange of India Ltd | Equity | ₹94.95 Cr | 1.51% |
| Equitas Small Finance Bank Ltd Ordinary Shares | Equity | ₹92.69 Cr | 1.48% |
| AAVAS Financiers Ltd | Equity | ₹74.42 Cr | 1.18% |
| Angel One Ltd Ordinary Shares | Equity | ₹70.76 Cr | 1.13% |
| KFin Technologies Ltd | Equity | ₹70.31 Cr | 1.12% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹68.18 Cr | 1.09% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹63.71 Cr | 1.01% |
| Canara Bank | Equity | ₹48.35 Cr | 0.77% |
| Fedbank Financial Services Ltd | Equity | ₹35.93 Cr | 0.57% |
| Net Current Assets | Cash | ₹-12.33 Cr | 0.20% |
| Cash Margin - Ccil | Cash | ₹1.13 Cr | 0.02% |
Allocation By Market Cap (Equity)
Large Cap Stocks
72.04%
Mid Cap Stocks
12.25%
Small Cap Stocks
12.69%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹5,914.86 Cr | 94.16% |
| Technology | ₹177.79 Cr | 2.83% |
Risk & Performance Ratios
Standard Deviation
This fund
14.65%
Cat. avg.
15.65%
Lower the better
Sharpe Ratio
This fund
0.80
Cat. avg.
0.62
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.17
Higher the better
Fund Managers
Additional Scheme Detailsas of 31st December 2024
ISIN INF204K01927 | Expense Ratio 1.88% | Exit Load 1.00% | Fund Size ₹6,282 Cr | Age 21 years 7 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty Financial Services TR INR |
Investment 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
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only 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 name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata Nifty Private Bank ETF Very High Risk | 0.1% | - | ₹10.92 Cr | 2.0% |
| Aditya Birla Sun Life Nifty Financial Services ETF Very High Risk | - | - | - | - |
| Nippon India ETF Nifty PSU Bank BeES Very High Risk | 0.5% | - | ₹2666.85 Cr | 4.4% |
| Kotak Nifty PSU Bank ETF Very High Risk | 0.5% | - | ₹1402.24 Cr | 4.4% |
| HDFC Nifty Bank ETF Very High Risk | 0.2% | - | ₹2818.24 Cr | 13.8% |
| ICICI Prudential Nifty Private Banks ETF Very High Risk | 0.1% | - | ₹1911.12 Cr | 14.1% |
| Axis NIFTY Bank ETF Very High Risk | 0.2% | - | ₹329.93 Cr | 6.2% |
| ICICI Prudential Banking and Financial Services Regular Growth Very High Risk | 1.8% | 1.0% | ₹8987.36 Cr | 11.6% |
| UTI Banking and Financial Services Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1154.26 Cr | 6.2% |
| Nippon India Banking & Financial Services Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹6282.05 Cr | 8.8% |
About the AMC
Nippon India Mutual Fund
Total AUM
₹5,76,035 Cr
Address
4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013
Other Funds by Nippon India Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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Related Articles
Still got questions?
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What is the current NAV of Nippon India Banking & Financial Services Fund Regular Growth?
What are the returns of Nippon India Banking & Financial Services Fund Regular Growth?
What is the portfolio composition of Nippon India Banking & Financial Services Fund Regular Growth?
Who manages the Nippon India Banking & Financial Services Fund Regular Growth?
- Vinay Sharma
- Kinjal Desai
- Bhavik Dave
Nippon India Banking & Financial Services Fund Regular Growth
EquitySector - Financial ServicesVery High Risk
Regular
NAV (21-Jan-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹6,282 Cr
Expense Ratio
1.88%
ISIN
INF204K01927
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
26 May 2003
Risk Level
Your principal amount will be at Very High Risk
About this fund
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹542.54, Assets Under Management (AUM) of 6282.05 Crores, and an expense ratio of 1.88%.
- Nippon India Banking & Financial Services Fund Regular Growth has given a CAGR return of 20.25% since inception.
- The fund's asset allocation comprises around 96.99% in equities, 0.00% in debts, and 3.01% 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
+8.80%
+6.19% (Cat Avg.)
3 Years
+14.61%
+12.96% (Cat Avg.)
5 Years
+13.18%
+12.09% (Cat Avg.)
10 Years
+11.04%
+9.84% (Cat Avg.)
Since Inception
+20.25%
— (Cat Avg.)
Portfolio Summaryas of 31st December 2024
| Equity | ₹6,092.66 Cr | 96.99% |
| Others | ₹189.39 Cr | 3.01% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹1,367.69 Cr | 21.77% |
| ICICI Bank Ltd | Equity | ₹1,014.47 Cr | 16.15% |
| Axis Bank Ltd | Equity | ₹564.32 Cr | 8.98% |
| Kotak Mahindra Bank Ltd | Equity | ₹294.7 Cr | 4.69% |
| State Bank of India | Equity | ₹285.77 Cr | 4.55% |
| IndusInd Bank Ltd | Equity | ₹252.29 Cr | 4.02% |
| Triparty Repo | Cash - Repurchase Agreement | ₹200.58 Cr | 3.19% |
| The Federal Bank Ltd | Equity | ₹185.53 Cr | 2.95% |
| SBI Life Insurance Co Ltd | Equity | ₹180.78 Cr | 2.88% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹167.35 Cr | 2.66% |
| UTI Asset Management Co Ltd | Equity | ₹153.31 Cr | 2.44% |
| Bajaj Finserv Ltd | Equity | ₹143.12 Cr | 2.28% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹141.33 Cr | 2.25% |
| Power Finance Corp Ltd | Equity | ₹139.97 Cr | 2.23% |
| Bajaj Finance Ltd | Equity | ₹137.1 Cr | 2.18% |
| Max Financial Services Ltd | Equity | ₹134.96 Cr | 2.15% |
| One97 Communications Ltd | Equity | ₹107.49 Cr | 1.71% |
| AU Small Finance Bank Ltd | Equity | ₹105.87 Cr | 1.69% |
| HDFC Life Insurance Co Ltd | Equity | ₹97.3 Cr | 1.55% |
| Multi Commodity Exchange of India Ltd | Equity | ₹94.95 Cr | 1.51% |
| Equitas Small Finance Bank Ltd Ordinary Shares | Equity | ₹92.69 Cr | 1.48% |
| AAVAS Financiers Ltd | Equity | ₹74.42 Cr | 1.18% |
| Angel One Ltd Ordinary Shares | Equity | ₹70.76 Cr | 1.13% |
| KFin Technologies Ltd | Equity | ₹70.31 Cr | 1.12% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹68.18 Cr | 1.09% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹63.71 Cr | 1.01% |
| Canara Bank | Equity | ₹48.35 Cr | 0.77% |
| Fedbank Financial Services Ltd | Equity | ₹35.93 Cr | 0.57% |
| Net Current Assets | Cash | ₹-12.33 Cr | 0.20% |
| Cash Margin - Ccil | Cash | ₹1.13 Cr | 0.02% |
Allocation By Market Cap (Equity)
Large Cap Stocks
72.04%
Mid Cap Stocks
12.25%
Small Cap Stocks
12.69%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹5,914.86 Cr | 94.16% |
| Technology | ₹177.79 Cr | 2.83% |
Risk & Performance Ratios
Standard Deviation
This fund
14.65%
Cat. avg.
15.65%
Lower the better
Sharpe Ratio
This fund
0.80
Cat. avg.
0.62
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.17
Higher the better
Fund Managers
Additional Scheme Detailsas of 31st December 2024
ISIN INF204K01927 | Expense Ratio 1.88% | Exit Load 1.00% | Fund Size ₹6,282 Cr | Age 21 years 7 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty Financial Services TR INR |
Investment 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
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only 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 name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Tata Nifty Private Bank ETF Very High Risk | 0.1% | - | ₹10.92 Cr | 2.0% |
| Aditya Birla Sun Life Nifty Financial Services ETF Very High Risk | - | - | - | - |
| Nippon India ETF Nifty PSU Bank BeES Very High Risk | 0.5% | - | ₹2666.85 Cr | 4.4% |
| Kotak Nifty PSU Bank ETF Very High Risk | 0.5% | - | ₹1402.24 Cr | 4.4% |
| HDFC Nifty Bank ETF Very High Risk | 0.2% | - | ₹2818.24 Cr | 13.8% |
| ICICI Prudential Nifty Private Banks ETF Very High Risk | 0.1% | - | ₹1911.12 Cr | 14.1% |
| Axis NIFTY Bank ETF Very High Risk | 0.2% | - | ₹329.93 Cr | 6.2% |
| ICICI Prudential Banking and Financial Services Regular Growth Very High Risk | 1.8% | 1.0% | ₹8987.36 Cr | 11.6% |
| UTI Banking and Financial Services Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1154.26 Cr | 6.2% |
| Nippon India Banking & Financial Services Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹6282.05 Cr | 8.8% |
About the AMC
Nippon India Mutual Fund
Total AUM
₹5,76,035 Cr
Address
4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013
Other Funds by Nippon India Mutual Fund
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Nippon India Banking & Financial Services Fund Regular Growth?
What are the returns of Nippon India Banking & Financial Services Fund Regular Growth?
What is the portfolio composition of Nippon India Banking & Financial Services Fund Regular Growth?
Who manages the Nippon India Banking & Financial Services Fund Regular Growth?
- Vinay Sharma
- Kinjal Desai
- Bhavik Dave
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