Item: Nippon India Banking & Financial Services Fund Direct Plan - Growth
Rating: 2
Author: Morningstar

Home › Mutual Funds › Nippon India Mutual Fund › Nippon India Banking & Financial Services Fund Direct Plan - Growth

439.263 (-0.079%)

NAV on December 02, 2022

Category Equity:
Sector - Financial Services

Investment StyleBox

Large Blend

Total Assets 3,821 cr

Turnover Ratio 58.59%

Expense Ratio 1.07%

Exit Load 1.00%if redeemed within
1 Months0.00%if redeemed after 1 Months

Returns

1M: 5.01%
1Y: 18.30%
3M: 8.24%
3Y: 12.81%
6M: 20.33%
5Y: 10.42%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Vinay Sharma (Since over 4 years) Kinjal Desai (Since over 4 years) Bhavik Dave (Since over 1 year)

ISIN INF204K01XO1

Fund Family Nippon India

P/E Ratio 15.18

P/B Ratio 1.98

Launch Date January 01, 2013

Benchmark IISL Nifty Financial Services TR INR

SECTOR WEIGHTINGS (%)

Financial 100.0%

Industrial 0.0%

Technology 0.0%

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

Nippon India Banking & Financial Services Fund is a focused banking \nand financial services sector oriented fund investing across market \ncaps within the sector. The fund is well diversified across sub \nsegments like Private & Public Banks, NBFCs, Housing Fin Co’s, \nBroking houses, Wealth Management, Rating Agencies, Asset \nManagement Companies, Insurance Companies, Stock/ Commodities \nExchange, etc. The fund endeavors to generate superior alpha \nthrough active fund management. The alpha generation is attempted \nthrough tactical allocation across various sub segments and \ndifferentiated investment ideas. The fund thus attempts to lower risk \nthrough diversification while retaining the alpha creation potential.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Rated
Top Performing

Top Sector Financial Services Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Taurus Banking & Financial Services Fund Direct Plan Growth Option	43.420	15.36%	9 cr	1.69%	Below Average
Tata Banking & Financial Services Fund Direct Growth	32.174	13.39%	1,196 cr	0.61%	Low
SBI Banking & Financial Services Direct Growth	29.083	11.63%	3,867 cr	0.78%	Average

Best Sector Financial Services Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
LIC MF Banking & Financial Services Fund Direct Growth	17.266	17.43%	89 cr	1.54%	Below Average
Taurus Banking & Financial Services Fund Direct Plan Growth Option	43.420	15.36%	9 cr	1.69%	Below Average
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option	72.932	14.31%	618 cr	1.13%	Below Average
Tata Banking & Financial Services Fund Direct Growth	32.174	13.39%	1,196 cr	0.61%	Low