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Latest NAV & returns of NIPPON INDIA PRIVATE LTD.

Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl

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previously known as Nippon India Banking Dir DR until

92.784 (-0.871%)
NAV on April 18, 2024
Category Equity:
Sector - Financial Services
Investment StyleBox
Large Growth
Total Assets 5,307 cr
Turnover Ratio 39.09%
Expense Ratio 1.05%
Exit Load 1.00%if redeemed within
1 Months0.00%if redeemed after 1 Months
Returns
  • 1M: -1.16%
  • 1Y: 28.85%
  • 3M: -5.20%
  • 3Y: 16.69%
  • 6M: 3.40%
  • 5Y: 10.76%
Min Investment 5,000
Buy Now Start SIP
ADDITIONAL INFO
Fund Manager Vinay Sharma (Since about 6 years) Kinjal Desai (Since almost 6 years) Bhavik Dave (Since almost 3 years)
ISIN INF204K01XN3
Fund Family Nippon India
P/E Ratio 16.49
P/B Ratio 2.74
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 6.08
Beta 0.93
R-Squared 71.23
Info Ratio 0.66
Tracking Err 9.24
Sortino 1.214
Sharpe 0.700
Std Dev 17.089
Risk High
SECTOR WEIGHTINGS (%)
Financial 98.32%
Industrial 0.0%
Technology 1.68%
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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet
Top Sector Financial Services Funds
NAME LATEST
NAV		 RETURNS
1y       		FUND
ASSETS 		EXPENSE
RATIO		 RISK
Religare invesco mutual fund
Invesco India Financial Services Fund Direct Plan Growth
128.810 36.16% 744 cr 1.03% Average
Sundaram mutual fund
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option
97.564 35.10% 1,150 cr 0.78% Below Average


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