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

NAV on February 03, 2023
Category Equity:
Sector - Financial Services
Investment StyleBox
Large Blend
Total Assets 4,020 cr
Turnover Ratio 58.59%
Expense Ratio 1.13%
Exit Load 1.00%if redeemed within
1 Months
0.00%if redeemed after 1 Months
Returns
  • 1M: -6.09%
  • 1Y: 5.81%
  • 3M: -0.14%
  • 3Y: 12.88%
  • 6M: 6.77%
  • 5Y: 8.31%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Vinay Sharma (Since almost 5 years) Kinjal Desai (Since over 4 years) Bhavik Dave (Since over 1 year) Akshay Sharma (Since 2 months)
ISIN INF204K01XN3
Fund Family Nippon India
P/E Ratio 14.86
P/B Ratio 1.99
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 3.75
Beta 1.08
R-Squared 91.68
Info Ratio 0.28
Tracking Err 10.45
Sortino 0.529
Sharpe 0.389
Std Dev 35.021
Risk High
SECTOR WEIGHTINGS (%)
Financial 98.79%
Industrial 0.0%
Technology 1.21%
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

Nippon India Banking & Financial Services Fund is a focused banking \nand financial services sector oriented fund investing across market \ncaps within the sector. The fund is well diversified across sub \nsegments like Private & Public Banks, NBFCs, Housing Fin Co’s, \nBroking houses, Wealth Management, Rating Agencies, Asset \nManagement Companies, Insurance Companies, Stock/ Commodities \nExchange, etc. The fund endeavors to generate superior alpha \nthrough active fund management. The alpha generation is attempted \nthrough tactical allocation across various sub segments and \ndifferentiated investment ideas. The fund thus attempts to lower risk \nthrough diversification while retaining the alpha creation potential.

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
31.189 8.06% 1,305 cr 0.58% Low
41.600 7.52% 10 cr 1.66% Below Average
27.845 3.01% 3,984 cr 0.79% Average
Best Sector Financial Services Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
16.699 8.69% 112 cr 1.54% Below Average
31.189 8.06% 1,305 cr 0.58% Low
70.675 7.99% 619 cr 0.5% Below Average
41.600 7.52% 10 cr 1.66% Below Average
418.523 5.81% 4,020 cr 1.13% High


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