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Home › Mutual Funds › Nippon Mutual Fund › Nippon India Banking & Financial Services Fund Reinvestment of Income Distribution cum capital Wdrl
Latest NAV & returns of NIPPON INDIA PRIVATE LTD.

Nippon India Banking & Financial Services Fund Reinvestment of Income Distribution cum capital Wdrl

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previously known as Nippon India Banking DR until

NAV: ₹64.841 (-1.722%)
NAV on September 28, 2026
Category Equity:
Sector - Financial Services
Investment StyleBox
Total Assets ₹7,910 cr
Turnover Ratio 24.48%
Expense Ratio 1.88%
Exit Load 1.00%if redeemed within
1 Months0.00%if redeemed after 1 Months
Returns
  • 1M: Negative return: -5.99%
  • 1Y: Negative return: -1.12%
  • 3M: Negative return: -5.85%
  • 3Y: Positive return: 8.89%
  • 6M: Positive return: 4.80%
  • 5Y: Positive return: 10.74%
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 7 months)
ISIN INF204K01901
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 1.05
Beta 0.95
R-Squared 91.62
Info Ratio 0.19
Tracking Err 4.50
Sortino 0.616
Sharpe 0.428
Std Dev 15.288
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

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