Item: Nippon India Banking & Financial Services Fund Direct Plan Payout of Income Dis cum Cptl Wdrl
Rating: 3
Author: Morningstar

Home › Mutual Funds › Nippon India Mutual Fund › Nippon India Banking & Financial Services Fund Direct Plan Payout of Income Dis cum Cptl Wdrl

91.881 (1.505%)

NAV on November 29, 2023

Category Equity:
Sector - Financial Services

Investment StyleBox

Large Growth

Total Assets 4,588 cr

Turnover Ratio 39.09%

Expense Ratio 1.14%

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

Returns

1M: 5.32%
1Y: 11.53%
3M: 5.35%
3Y: 22.76%
6M: 12.59%
5Y: 12.39%

Min Investment 5,000

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Vinay Sharma (Since over 5 years) Kinjal Desai (Since over 5 years) Bhavik Dave (Since over 2 years) Akshay Sharma (Since about 1 year)

ISIN INF204K01XM5

Fund Family Nippon India

P/E Ratio 14.04

P/B Ratio 2.28

Launch Date January 01, 2013

Benchmark IISL Nifty Financial Services TR INR

RISK MEASURES (3 yrs)

vs IISL Nifty Financial Services TR INR

Alpha 8.92

Beta 0.96

R-Squared 81.22

Info Ratio 1.02

Tracking Err 9.57

Sortino 2.366

Sharpe 1.047

Std Dev 21.935

Risk Above Average

SECTOR WEIGHTINGS (%)

Financial 98.62%

Industrial 0.0%

Technology 1.38%

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.

This fund may declare and pay out a dividend to you on a periodic basis, but only when it has the profits to do so.

View Factsheet

Top Rated
Top Performing

Top Sector Financial Services Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option	90.160	24.02%	876 cr	0.87%	Below Average
Invesco India Financial Services Fund Direct Plan Growth	116.970	21.09%	575 cr	1.08%	Low
Tata Banking & Financial Services Fund Direct Growth	37.628	17.91%	1,672 cr	0.54%	Low