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

404.893 (1.252%)

NAV on October 25, 2021

Category Equity:
Sector - Financial Services

Investment StyleBox

Large Blend

Total Assets 3,144 cr

Turnover Ratio 53.59%

Expense Ratio 1.38%

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

Returns

1M: 6.90%
1Y: 83.30%
3M: 12.51%
3Y: 18.29%
6M: 37.43%
5Y: 14.08%

Min Investment 5,000

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Vinay Sharma (Since over 3 years) Kinjal Desai (Since over 3 years) Bhavik Dave (Since 4 months)

ISIN INF204K01XO1

Fund Family Nippon India

P/E Ratio 18.36

P/B Ratio 1.96

Launch Date January 01, 2013

Benchmark IISL Nifty Financial Services TR INR

RISK MEASURES (3 yrs)

vs IISL Nifty Financial Services TR INR

Alpha -5.40

Beta 1.11

R-Squared 91.96

Info Ratio -0.59

Tracking Err 10.44

Sortino 0.605

Sharpe 0.443

Std Dev 34.871

Risk High

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

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.

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	41.420	62.56%	9 cr	1.68%	Below Average
SBI Banking & Financial Services Direct Growth	29.091	61.19%	2,948 cr	0.87%	Average
Invesco India Financial Services Fund Direct Plan Growth	96.030	60.32%	382 cr	1.24%	Below Average
Tata Banking & Financial Services Fund Direct Growth	31.065	58.59%	821 cr	0.87%	Low

Best Sector Financial Services Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Nippon India Banking & Financial Services Fund Direct Plan - Growth	404.893	83.30%	3,144 cr	1.38%	High
Aditya Birla Sun Life Banking & Financial Services Direct Growth	44.890	73.92%	2,183 cr	1.21%	Above Average
ICICI Prudential Banking and Financial Services Fund Direct Plan Growth	99.560	72.85%	5,101 cr	1.2%	Above Average
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option	68.970	63.44%	444 cr	1.18%	Average
SBI Banking & Financial Services Direct Growth	29.091	61.19%	2,948 cr	0.87%	Average
Tata Banking & Financial Services Fund Direct Growth	31.065	58.59%	821 cr	0.87%	Low