Fund Overview of Nippon India Banking & Financial Services Fund Direct-growth
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₹7,222.1 CrAUM
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₹674.30NAV
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0.98%Expense Ratio
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EquityFund Category
Returns of Nippon India Banking & Financial Services Fund Direct-growth
| Tenure | Absolute(%) | Annualised(%) | Category Average(%) |
|---|---|---|---|
| 3 Months | -1.19% | NA | 2.31% |
| 6 Months | 17.18% | NA | 15.50% |
| 1 Year | 6.50% | 6.50% | 10.43% |
| 2 Year | NA | 15.55% | 18.38% |
| 3 Years | 62.25% | 17.51% | 17.78% |
| 5 Years | 218.33% | 26.06% | 22.24% |
| 7 Years | 135.49% | 13.02% | NA |
| 10 Years | 301.46% | 14.91% | 13.92% |
Asset Allocation
equities
98.56%debt instruments
0.01%other assets or cash equivalents
1.43%Nippon India Banking & Financial Services Fund Direct-growth is one Equity mutual fund offered by Nippon India Mutual Fund. the fund aims Long term capital growth. Investment in equity and equity related securities of companies in banking sector and financial service sector. It manages assets worth ₹7,222.1 crore as on Thu Jul 31, 2025. , with a 52-week NAV range between ₹580.48 and ₹709.72. The expense ratio stands at 0.98%. Fund Manager Manager Education Fund Manager Manager EducationAbout Nippon India Banking & Financial Services Fund Direct-growth
The portfolio allocation consists of 98.56% in equities, 0.01% in debt instruments, 1.43% in other assets or cash equivalents. Managed by Vinay Sharma, it has delivered a return of 6.50% in the last year, a total return since inception of 14.43%.
Key Metrics of Nippon India Banking & Financial Services Fund Direct-growth
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Standard Deviation12.10%
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Sharpe Ratio0.87%
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Alpha6.45%
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Beta0.84%
Fund Details
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Fund NamesNippon India Banking & Financial Services Fund Direct-growth
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Lock InNo Lock-in
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SIP Minimum Investment amount₹ 100
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SWP Minimum Investment amount₹ 500
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STP Minimum Investment amount₹ 100
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RiskPrincipal at very high risk
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Category Average Annual Returns10.43
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52 Weeks High709.72
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52 Weeks Low580.48
More funds from Nippon India Mutual Fund
| Fund Names | AUM (Cr) | 1M | 3M | 6M | 1Yr | 3Yr |
|---|---|---|---|---|---|---|
Nippon India Etf Nifty Bank Bees
|
₹7,497 | 1.80% | -4.40% | 6.70% | 3.74% | 12.97% |
|
Nippon India Banking & Financial Services Fund-growth
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₹7,222 | 2.64% | -5.17% | 7.02% | 2.80% | 17.96% |
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Nippon India Banking & Financial Services Fund Direct-idcw
|
₹7,222 | 2.72% | -4.97% | 7.47% | 3.66% | 18.93% |
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Nippon India Banking & Financial Services Fund-idcw
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₹7,222 | 2.64% | -5.17% | 7.02% | 2.80% | 17.96% |
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Nippon India Etf Nifty Psu Bank Bees
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₹2,950 | 11.36% | 4.41% | 20.55% | 11.49% | 36.13% |
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Nippon India Nifty Bank Index Fund Regular - Growth
|
₹164 | 1.74% | -4.55% | 6.29% | 2.99% | - |
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Nippon India Nifty Bank Index Fund Direct - Growth
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₹164 | 1.79% | -4.40% | 6.62% | 3.61% | - |
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Nippon India Nifty Bank Index Fund Direct - Idcw
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₹164 | 1.79% | -4.40% | 6.62% | 3.61% | - |
|
Nippon India Nifty Bank Index Fund Regular - Idcw
|
₹164 | 1.74% | -4.55% | 6.29% | 2.99% | - |
growth is based on 1-month returns of the fundsMutual Fund Calculator
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Tax Information
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not included. If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 20%. Any cess/surcharge is not included in the 20%.
Top Mutual Funds
| Fund Names | AUM (Cr) | NAV | 3Yr | 5Yr | 10Yr |
|---|---|---|---|---|---|
| Mirae Asset Nifty Financial Services Etf - Growth |
₹431 | ₹26.89 | 15.09% | - | - |
Detailed Portfolio
| Stocks | Sector | % of Holding | Value |
|---|---|---|---|
| Hdfc Bank Ltd | Financial | 17.37% | ₹1,254.24 Cr |
| Icici Bank Ltd | Financial | 16.15% | ₹1,166.54 Cr |
| Axis Bank Ltd | Financial | 9.02% | ₹651.75 Cr |
| State Bank Of India | Financial | 6.72% | ₹485.31 Cr |
| Sbi Life Insurance Company Ltd | Financial | 4.29% | ₹310.16 Cr |
| Bajaj Finserv Ltd | Financial | 3.09% | ₹223.25 Cr |
| Sbi Cards & Payments Services Ltd | Financial | 3.04% | ₹219.68 Cr |
| Indusind Bank Ltd | Financial | 2.95% | ₹212.84 Cr |
| The Federal Bank Ltd | Financial | 2.92% | ₹210.65 Cr |
| Bank Of Baroda | Financial | 2.67% | ₹192.52 Cr |
| Cholamandalam Financial Holdings Ltd | Financial | 2.65% | ₹191.17 Cr |
| Max Financial Services Ltd | Financial | 2.52% | ₹181.91 Cr |
| Bajaj Finance Ltd | Financial | 2.45% | ₹177.07 Cr |
| Kotak Mahindra Bank Ltd | Financial | 2.21% | ₹159.28 Cr |
| Uti Asset Management Company Ltd | Financial | 2.10% | ₹151.86 Cr |
| Hdfc Life Insurance Co Ltd | Financial | 1.86% | ₹134.24 Cr |
| Equitas Small Finance Bank Ltd | Financial | 1.77% | ₹127.73 Cr |
| Angel One Ltd | Financial | 1.59% | ₹114.80 Cr |
| Multi Commodity Exchange Of India Ltd | Financial | 1.47% | ₹106.25 Cr |
| Kfin Technologies Ltd | Financial | 1.47% | ₹105.87 Cr |
| Au Small Finance Bank Ltd | Financial | 1.45% | ₹104.84 Cr |
| One 97 Communications Ltd | Industrials | 1.40% | ₹100.85 Cr |
| Hdfc Asset Management Company Ltd | Financial | 1.39% | ₹100.71 Cr |
| Repo | Unspecified | 1.29% | ₹92.96 Cr |
| L&t Finance Holdings Ltd | Financial | 1.13% | ₹81.42 Cr |
| Icici Lombard General Insurance Company Ltd | Financial | 1.02% | ₹73.49 Cr |
| Aavas Financiers Ltd | Financial | 0.96% | ₹69.00 Cr |
| Pnb Housing Finance Ltd | Financial | 0.80% | ₹57.81 Cr |
| Icici Prudential Life Insurance Company Ltd | Financial | 0.77% | ₹55.95 Cr |
| Power Finance Corporation Ltd | Financial | 0.72% | ₹52.10 Cr |
| Hdb Financial Services Limited Eq | Financial | 0.61% | ₹43.85 Cr |
| Net Current Assets | Unspecified | 0.14% | ₹11.37 Cr |
| Others Mrgn Money | Unspecified | 0.01% | ₹0.60 Cr |
Nippon India Banking & Financial Services Fund Direct-growth
What is the current AUM of Nippon India Banking & Financial Services Fund Direct-growth?
As of Thu Jul 31, 2025, Nippon India Banking & Financial Services Fund Direct-growth manages assets worth ₹7,222.1 crore
How has Nippon India Banking & Financial Services Fund Direct-growth performed recently?
- 3 Months: -1.19%
- 6 Months: 17.18%
What is the long-term performance of Nippon India Banking & Financial Services Fund Direct-growth?
- 3 Years CAGR: 17.51%
- 5 Years CAGR: 26.06%
- Since Inception: 14.43%
What is the portfolio composition of Nippon India Banking & Financial Services Fund Direct-growth?
Equity: 98.56%, Debt: 0.01%, Others: 1.43%.
Who manages Nippon India Banking & Financial Services Fund Direct-growth?
Nippon India Banking & Financial Services Fund Direct-growth is managed by Vinay Sharma from Nippon India Mutual Fund.
What is the market-cap allocation of Nippon India Banking & Financial Services Fund Direct-growth?
Large Cap: 11.17%, Mid Cap: 22.95%, Small Cap: 1.80%.
Which are the top companies Nippon India Banking & Financial Services Fund Direct-growth has invested in?
- HDFC Bank Ltd – 17.37% of the fund's portfolio
- ICICI Bank Ltd – 16.15% of the fund's portfolio
- Axis Bank Ltd – 9.02% of the fund's portfolio
- State Bank of India – 6.72% of the fund's portfolio
- SBI Life Insurance Company Ltd – 4.29% of the fund's portfolio
Which are the major sectors Nippon India Banking & Financial Services Fund Direct-growth focuses on?
- Financial – 97.16% of the fund's portfolio
- Unspecified – 1.44% of the fund's portfolio
- Industrials – 1.40% of the fund's portfolio
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^Returns as on 10th Jan’25. Tata AIA Life Top 200 ULIP Fund has delivered 18% returns over the last 10 years. Past performance is not necessarily indicative of future results. This disclaimer is specifically regarding a ULIP fund and is not related to mutual funds. Source: Morningstar.
