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Nippon India Banking & Financial Services Fund Direct Plan - Growth

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previously known as Nippon India Banking Dir Gr until

405.596 (-0.597%)
NAV on March 23, 2023
Category Equity:
Sector - Financial Services
Investment StyleBox
Large Blend
Total Assets 3,827 cr
Turnover Ratio 58.59%
Expense Ratio 1.41%
Exit Load 1.00%if redeemed within
1 Months0.00%if redeemed after 1 Months
Returns
  • 1M: -1.45%
  • 1Y: 8.53%
  • 3M: -3.69%
  • 3Y: 36.39%
  • 6M: -0.68%
  • 5Y: 9.62%
Min Investment 5,000
Buy Now Start SIP
ADDITIONAL INFO
Fund Manager Vinay Sharma (Since almost 5 years) Kinjal Desai (Since almost 5 years) Bhavik Dave (Since almost 2 years) Akshay Sharma (Since 4 months)
ISIN INF204K01XO1
Fund Family Nippon India
P/E Ratio 13.39
P/B Ratio 1.94
Launch Date January 01, 2013
Benchmark IISL Nifty Financial Services TR INR
ASSET ALLOCATION
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs IISL Nifty Financial Services TR INR

Alpha 3.92
Beta 1.08
R-Squared 91.57
Info Ratio 0.32
Tracking Err 10.40
Sortino 0.606
Sharpe 0.443
Std Dev 34.707
Risk High
SECTOR WEIGHTINGS (%)
Financial 98.91%
Industrial 0.0%
Technology 1.09%
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 Sector Financial Services Funds
NAME LATEST
NAV		 RETURNS
1y       		FUND
ASSETS 		EXPENSE
RATIO		 RISK
Tata
Tata Banking & Financial Services Fund Direct Growth
29.861 11.83% 1,272 cr 0.59% Low
Sundaram mutual fund
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option
68.447 11.38% 602 cr 0.51% Below Average
Religare invesco mutual fund
Invesco India Financial Services Fund Direct Plan Growth
89.870 5.67% 473 cr 1.08% Low
Best Sector Financial Services Funds
NAME LATEST
NAV		 RETURNS
1y     		FUND
ASSETS		 Expense
RATIO		 RISK
Lic mutual funds
LIC MF Banking & Financial Services Fund Direct Growth
16.038 13.64% 121 cr 1.54% Below Average
Tata
Tata Banking & Financial Services Fund Direct Growth
29.861 11.83% 1,272 cr 0.59% Low
Sundaram mutual fund
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option
68.447 11.38% 602 cr 0.51% Below Average
Reliance
Nippon India Banking & Financial Services Fund Direct Plan - Growth
405.596 8.53% 3,827 cr 1.41% High
Best Arbitrage Fund Funds
NAME LATEST
NAV		 RETURNS
1y     		FUND
ASSETS		 Expense
RATIO		 RISK
Hdfc
HDFC Banking & Financial Services Fund Direct Growth
11.096 9.98% 2,502 cr 0.42% -


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