Item: Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl
Rating: 4
Author: Morningstar

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

100.642 (0.035%)

NAV on April 29, 2026

Category Equity:
Sector - Financial Services

Investment StyleBox

Large Growth

Total Assets 6,721 cr

Turnover Ratio 20.36%

Expense Ratio 0.97%

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

Returns

1M: 8.03%
1Y: 2.57%
3M: -4.25%
3Y: 16.40%
6M: -3.87%
5Y: 16.95%

Min Investment 5,000

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Vinay Sharma (Since about 8 years) Kinjal Desai (Since almost 8 years) Bhavik Dave (Since almost 5 years) Amber Singhania (Since 2 months)

ISIN INF204K01XN3

Fund Family Nippon India

P/E Ratio 17.39

P/B Ratio 2.09

Launch Date January 01, 2013

Benchmark Nifty Financial Services TR INR

RISK MEASURES (3 yrs)

vs Nifty Financial Services TR INR

Alpha 3.81

Beta 0.94

R-Squared 89.56

Info Ratio 0.81

Tracking Err 4.88

Sortino 0.769

Sharpe 0.547

Std Dev 14.845

Risk Below Average

SECTOR WEIGHTINGS (%)

Financial 97.32%

Industrial 0.0%

Technology 2.68%

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 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.

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 Rated
Top Performing

Top Sector Financial Services Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Invesco India Financial Services Fund Direct Plan Growth	171.280	10.18%	1,480 cr	0.51%	Below Average
SBI Banking & Financial Services Direct Growth	48.611	8.11%	9,380 cr	0.74%	Below Average
Tata Banking & Financial Services Fund Direct Growth	50.452	3.29%	2,743 cr	0.56%	Average