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Home › Mutual Funds › Nippon Mutual Fund › Nippon India Banking & Financial Services Fund Growth
Latest NAV & returns of NIPPON INDIA PRIVATE LTD.

Nippon India Banking & Financial Services Fund Growth

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previously known as Reliance Banking Gr until

NAV: ₹650.470 (-0.163%)
NAV on August 28, 2026
Category Equity:
Sector - Financial Services
Investment StyleBox
Total Assets ₹7,774 cr
Turnover Ratio 20.36%
Expense Ratio 1.88%
Exit Load 1.00%if redeemed within
1 Months0.00%if redeemed after 1 Months
Returns
  • 1M: Positive return: 2.05%
  • 1Y: Positive return: 7.81%
  • 3M: Positive return: 3.56%
  • 3Y: Positive return: 12.72%
  • 6M: Negative return: -1.87%
  • 5Y: Positive return: 13.74%
Min Investment ₹5,000
ADDITIONAL INFO
Fund Manager Vinay Sharma (Since over 8 years) Kinjal Desai (Since over 8 years) Bhavik Dave (Since about 5 years) Amber Singhania (Since 6 months)
ISIN INF204K01927
Fund Family Nippon
P/E Ratio 20.04
P/B Ratio 2.31
Launch Date May 26, 2003
Benchmark Nifty Financial Services TR INR

Asset Allocation

  • Equity: 98.3%
  • Debt: 1.7%
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs Nifty Financial Services TR INR

Alpha 1.52
Beta 0.94
R-Squared 92.17
Info Ratio 0.32
Tracking Err 4.38
Sortino 0.578
Sharpe 0.401
Std Dev 15.270
Risk Below Average
SECTOR WEIGHTINGS (%)
Financial 95.04%
Industrial 0.0%
Technology 4.96%
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.

View Factsheet

Top Sector Financial Services Funds

Name Latest NAV Returns 1y   Fund Assets Expense Ratio Risk
QUANT MUTUAL FUND logo
Quant BFSI Fund Direct Growth
₹ 22.061 25.08% ₹ 899 cr 1.89% High
INVESCO ASSET MANAGEMENT COMPANY PRIVATE LIMITED logo
Invesco India Financial Services Fund Direct Plan Growth
₹ 180.500 13.81% ₹ 1,845 cr 0.70% Below Average
MIRAE ASSET GLOBAL INVESTMENTS (INDIA) PVT. LTD. logo
Mirae Asset Banking and Financial Services Fund Direct Growth
₹ 23.759 11.22% ₹ 2,306 cr 0.54% Below Average
SBI MUTUAL FUND logo
SBI Banking & Financial Services Direct Growth
₹ 49.542 7.11% ₹ 10,872 cr 1.16% Low

Best Sector Financial Services Funds

Name Latest NAV Returns 1y   Fund Assets Expense Ratio Risk
QUANT MUTUAL FUND logo
Quant BFSI Fund Direct Growth
₹ 22.061 25.08% ₹ 899 cr 1.89% High


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