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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

93.004 (0.938%)
NAV on December 01, 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: 6.52%
  • 1Y: 11.76%
  • 3M: 6.20%
  • 3Y: 22.99%
  • 6M: 14.02%
  • 5Y: 12.75%
Min Investment 5,000
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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 INF204K01XN3
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
ASSET ALLOCATION
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs IISL Nifty Financial Services TR INR

Alpha 9.06
Beta 1.00
R-Squared 74.95
Info Ratio 1.06
Tracking Err 9.48
Sortino 1.801
Sharpe 0.926
Std Dev 18.912
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.

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
Sundaram mutual fund
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option
91.881 25.44% 876 cr 0.87% Below Average
Religare invesco mutual fund
Invesco India Financial Services Fund Direct Plan Growth
118.920 21.97% 575 cr 1.08% Low
Tata
Tata Banking & Financial Services Fund Direct Growth
38.000 17.84% 1,672 cr 0.54% Low
Best Sector Financial Services Funds
NAME LATEST
NAV		 RETURNS
1y     		FUND
ASSETS		 Expense
RATIO		 RISK
Sundaram mutual fund
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option
91.881 25.44% 876 cr 0.87% Below Average
Reliance
Nippon India Banking & Financial Services Fund Direct Plan - Growth
522.510 18.86% 4,588 cr 1.14% Above Average


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