Mutual Fund Research

Nippon India Banking & Financial Services Fund(G)

As on Sep-17-2024 change fund
591.31  up0.61 (0.10%)

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 and Financial services sector. The AMC will have the discretion to completely or partially invest in any of the type of securities stated above with a view to maximize the returns or on defensive considerations. However, there can be no assurance that the investment objective of the Scheme will be realized, as actual market movements may be at variance with anticipated trends.

riskometer

Investors understand that their principal will be at very high risk

5-Years History
financial year2019-20202020-20212021-20222022-20232023-2024
NAV in Rs (as on 31-Mar-2024)162.89289.87353.22382.27511.63
Net Assets(Rs Crores) (as on 31-Mar-2024) 1699.38 2658.73 3294.55 3783.27 5307.29
Scheme Returns(%)(Absolute)-43.1883.3019.675.8432.77
B'mark Returns(%)(Absolute)NANANANANA
Category Rank73/7521/7530/7530/7651/90
Quarterly performance - Last 5 years (Absolute Ret. in %)
financial year Q1 Q2 Q3 Q4
2024-20259.89NANANA
2023-202416.854.099.650.35
2022-2023-8.7716.409.47-6.90
2021-202214.337.53-4.533.83
2020-202115.343.4234.9710.54
Top 10 holdings
company (%)
HDFC Bank Ltd.20.57 
ICICI Bank Ltd.15.85 
Axis Bank Ltd.8.31 
IndusInd Bank Ltd.4.81 
Kotak Mahindra Bank Ltd.4.79 
State Bank Of India4.59 
SBI Life Insurance Company Ltd.4.27 
The Federal Bank Ltd.3.79 
SBI Cards And Payment Services...2.97 
Cholamandalam Financial Holdin...2.86 

Category

Sector Funds

Launch Date

26-May-03

Scheme Benchmark

BSE SENSEX - TRI

AUM ( in Cr.)

6,138.44

portfolio price to book value

3.82

investing style?

Large Growth

fund manager?

Vinay Sharma,Bhavik Dave

inception date (regular plan)

26-May-03

expense ratio (regular plan) %

1.88

Top 10 sectors
sectors (%)
Bank - Private59.91
Insurance7.57
Finance - NBFC7.26
Bank - Public5.89
Finance - Investment5.51
Finance - Stock Broking2.30
Finance - Others2.30
Finance - Asset Management2.13
Finance Term Lending2.12
Depository Services1.22

Growth Chart of the Scheme vis a vis benchmark (SIP value 10,000)

to go
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performance comparision with similar schemes and benchmark
scheme name investment style inception date AUM in Cr. 1Y(%) 3Y(%) 5Y(%) 10Y(%) since inception
Nippon India Banking & Financial Services Fund(G)Large-Growth 26-May-20036,138.4424.5917.9318.7314.4421.08
Sundaram Fin Serv Opp Fund(G)Large-Blend 10-Jun-20081,444.2128.3418.5820.2315.1515.29
Invesco India Financial Services Fund(G)Large-Growth 14-Jul-2008978.2839.0017.0318.9316.3017.16
SBI Banking & Financial Services Fund-Reg(G)Large-Growth 26-Feb-20156,120.4231.7114.8617.91NA15.16
Baroda BNP Paribas Banking and Fin Serv Fund-Reg(G)Large-Growth 22-Jun-2012170.5730.4314.6015.5512.4713.15
HDFC Banking & Financial Services Fund-Reg(G)Large-Growth 01-Jul-20213,618.2223.1714.41NANA16.15
Tata Banking & Financial Services Fund-Reg(G)Large-Growth 28-Dec-20152,302.4021.0914.3716.69NA17.27
Mirae Asset Banking and Financial Services Fund-Reg(G)Large-Growth 11-Dec-20201,821.9420.4214.27NANA18.67
UTI Banking and Financial Services Fund-Reg(G)Large-Growth 30-Jul-20051,150.0624.3813.6914.8211.7613.61
Aditya Birla SL Banking & Financial Services Fund-Reg(G)Large-Growth 14-Dec-20133,270.5419.7213.5616.4915.6417.78
ICICI Pru Banking & Fin Serv Fund(G)Large-Growth 22-Aug-20088,175.8922.6113.3315.5314.8017.07
LIC MF Banking & Financial Services Fund-Reg(G)Large-Growth 27-Mar-2015292.7313.1712.9414.03NA7.75
Taurus Banking & Fin Serv Fund-Reg(G)Large-Blend 22-May-201211.0918.3212.8815.9112.3714.14
Quant BFSI Fund-Reg(G)Large-Growth 20-Jun-2023655.3647.01NANANA56.31
Bandhan Financial Services Fund-Reg(G)Large-Growth 28-Jul-2023925.8438.09NANANA36.50
Kotak Banking & Financial Services Fund-Reg(G)Large-Growth 27-Feb-2023948.8224.09NANANA28.28
ITI Banking & Financial Services Fund-Reg(G)Large-Growth 06-Dec-2021265.7315.92NANANA12.83
WOC Banking & Financial Services Fund-Reg(G)Large-Growth 06-Feb-2024239.71NANANANA15.02
Helios Financial Services Fund-Reg(G)Large-Growth 24-Jun-2024113.75NANANANA7.30
DSP Banking & Financial Services Fund-Reg(G)Large-Growth 08-Dec-2023840.03NANANANA23.66
Groww Banking & Financial Services Fund-Reg(G)Large-Growth 06-Feb-202441.74NANANANA11.14
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