Latest NAV & returns of NIPPON INDIA PRIVATE LTD.

Nippon India Banking & Financial Services Fund Direct Plan - Growth

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previously known as Nippon India Banking Dir Gr until

NAV on May 24, 2024
Category Equity:
Sector - Financial Services
Investment StyleBox
Large Growth
Total Assets 5,542 cr
Turnover Ratio 39.09%
Expense Ratio 1.09%
Exit Load 1.00%if redeemed within
1 Months
0.00%if redeemed after 1 Months
Returns
  • 1M: 1.49%
  • 1Y: 26.96%
  • 3M: 3.58%
  • 3Y: 19.05%
  • 6M: 13.13%
  • 5Y: 12.86%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Vinay Sharma (Since about 6 years) Kinjal Desai (Since about 6 years) Bhavik Dave (Since almost 3 years)
ISIN INF204K01XO1
Fund Family Nippon India
P/E Ratio 16.37
P/B Ratio 2.84
Launch Date January 01, 2013
Benchmark Nifty Financial Services TR INR
ASSET ALLOCATION
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs Nifty Financial Services TR INR

Alpha 9.83
Beta 0.90
R-Squared 77.81
Info Ratio 1.36
Tracking Err 7.67
Sortino 2.053
Sharpe 1.064
Std Dev 15.968
Risk Above Average
SECTOR WEIGHTINGS (%)
Financial 98.2%
Industrial 0.0%
Technology 1.8%
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 & 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 Sector Financial Services Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
103.366 36.50% 1,258 cr 0.78% Below Average
135.060 36.47% 812 cr 1.01% Average
Best Arbitrage Fund Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
16.826 514 cr 0.68% -


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