Skip to main content

Instant redemption funds, UPI payments, KYC and more on the MobiKwik App!

Download close button
Home › Mutual Funds › Nippon Mutual Fund › Nippon India Banking & Financial Services Fund Direct Plan - Bonus
Latest NAV & returns of NIPPON INDIA PRIVATE LTD.

Nippon India Banking & Financial Services Fund Direct Plan - Bonus

Add To Compare

previously known as Nippon India Banking Dir Bns until

NAV: ₹711.355 (-0.906%)
NAV on August 07, 2026
Category Equity:
Sector - Financial Services
Investment StyleBox
Total Assets ₹7,789 cr
Turnover Ratio 20.36%
Expense Ratio 0.83%
Exit Load 1.00%if redeemed within
1 Months0.00%if redeemed after 1 Months
Returns
  • 1M: Negative return: -2.10%
  • 1Y: Positive return: 5.39%
  • 3M: Positive return: 0.74%
  • 3Y: Positive return: 13.52%
  • 6M: Negative return: -1.94%
  • 5Y: Positive return: 14.20%
Min Investment ₹5,000
ADDITIONAL INFO
Fund Manager Vinay Sharma (Since over 8 years) Kinjal Desai (Since about 8 years) Bhavik Dave (Since about 5 years) Amber Singhania (Since 5 months)
ISIN INF204K01D22
Fund Family Nippon
P/E Ratio 21.15
P/B Ratio 2.40
Launch Date January 01, 2013
Benchmark Nifty Financial Services TR INR

Asset Allocation

  • Equity: 98.7%
  • Debt: 1.3%
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs Nifty Financial Services TR INR

Alpha 2.35
Beta 0.94
R-Squared 92.16
Info Ratio 0.53
Tracking Err 4.38
Sortino 0.664
Sharpe 0.456
Std Dev 15.276
Risk Below Average
SECTOR WEIGHTINGS (%)
Financial 95.39%
Industrial 0.0%
Technology 4.61%
Basic Materials 0.0%
Consumer Cyclical 0.0%
Utilities Services 0.0%
Healthcare Services 0.00%
Energy Services 0.00%
Communication Services 0.00%
Consumer Defensive 0.00%
Real Estate 0.00%
INVESTMENT 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.

View Factsheet

Top Sector Financial Services Funds

Name Latest NAV Returns 1y   Fund Assets Expense Ratio Risk
QUANT MUTUAL FUND logo
Quant BFSI Fund Direct Growth
₹ 21.528 18.91% ₹ 838 cr 1.89% High
INVESCO ASSET MANAGEMENT COMPANY PRIVATE LIMITED logo
Invesco India Financial Services Fund Direct Plan Growth
₹ 177.650 8.83% ₹ 1,811 cr 0.71% Below Average
TATA ASSET MANAGEMENT LTD. logo
Tata Banking & Financial Services Fund Direct Growth
₹ 52.265 6.75% ₹ 3,171 cr 0.48% Below Average
SBI MUTUAL FUND logo
SBI Banking & Financial Services Direct Growth
₹ 49.405 4.90% ₹ 10,845 cr 1.07% Low

Best Sector Financial Services Funds

Name Latest NAV Returns 1y   Fund Assets Expense Ratio Risk
QUANT MUTUAL FUND logo
Quant BFSI Fund Direct Growth
₹ 21.528 18.91% ₹ 838 cr 1.89% High


Other plans of Nippon India Banking & Financial Srvs


Other Equity funds by Nippon

Data Partner Morningstar Logo – Data Partner
Visit AMC website to read all scheme related documents Nippon Fund