Skip to main content

Instant redemption funds, UPI payments, KYC and more on the MobiKwik App!

Download
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

Add To Compare

previously known as Reliance Banking Gr until

NAV: ₹640.131 (1.156%)
NAV on September 18, 2026
Category Equity:
Sector - Financial Services
Investment StyleBox
Total Assets ₹7,910 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: Negative return: -0.66%
  • 1Y: Positive return: 1.77%
  • 3M: Negative return: -0.68%
  • 3Y: Positive return: 10.62%
  • 6M: Positive return: 3.52%
  • 5Y: Positive return: 12.18%
Min Investment ₹5,000
ADDITIONAL INFO
Fund Manager Vinay Sharma (Since over 8 years) Kinjal Desai (Since over 8 years) Bhavik Dave (Since over 5 years) Amber Singhania (Since 6 months)
ISIN INF204K01927
Fund Family Nippon
P/E Ratio 19.47
P/B Ratio 2.29
Launch Date May 26, 2003
Benchmark Nifty Financial Services TR INR

Asset Allocation

  • Equity: 98.5%
  • Debt: 1.5%
EQUITY DISTRIBUTION
RISK MEASURES (3 yrs)
vs Nifty Financial Services TR INR

Alpha 1.71
Beta 0.94
R-Squared 91.70
Info Ratio 0.35
Tracking Err 4.47
Sortino 0.681
Sharpe 0.472
Std Dev 15.204
Risk Below Average
SECTOR WEIGHTINGS (%)
Financial 94.34%
Industrial 0.0%
Technology 5.66%
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
₹ 21.851 16.91% ₹ 922 cr 1.89% High
INVESCO ASSET MANAGEMENT COMPANY PRIVATE LIMITED logo
Invesco India Financial Services Fund Direct Plan Growth
₹ 175.530 6.56% ₹ 1,896 cr 0.70% Below Average
SBI MUTUAL FUND logo
SBI Banking & Financial Services Direct Growth
₹ 48.547 0.75% ₹ 10,873 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
₹ 21.851 16.91% ₹ 922 cr 1.89% High


Other plans of Nippon India Banking & Financial Srvs


Other Equity funds by Nippon

Data Partner Morningstar Logo – Data Partner
Visit AMC website to read all scheme related documents Nippon Fund