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Nippon India Banking Fund

Nippon India Banking Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

7.29

as on 03 Aug 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,353 today.

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NAV Performance

Nippon India Banking Fund performance graph for last 3 years
Performance of Nippon India Banking Fund for last 3 Years

Fund Information

  • ₹ 345.798

    as on 03 Aug 2021
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 3,012 Cr.

    as on 03 Aug 2021
  • 2.05%

    since 31 May 2021
  • 26 May 2003

  • Equity - Sectoral/Thematic

  • Nifty 50

  • Nippon India Mutual Fund

    Show All Funds
  • Nippon India Banking Fund - Growth charges 1.0% of sell value; if fund sold before 30 days. There are no other charges.

Highlights of this fund

Nippon India Banking Fund is an Open-ended Equity Fund. The fund belongs to Sectoral/Thematic category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 26 May 2003. This fund is offered by one of the top AMC (Assets Management Company) Nippon India Mutual Fund. You can also view here all other Equity funds offered by Nippon India Mutual Fund.

Latest NAV of the fund is ₹ 345.798 as on 03 Aug 2021.

This fund has 18 years of track record. Since 31 May 2021 expense ratio of this fund is 2.05%. Ideally you shoulds compare this fund with the benchmark Nifty 50.

You can invest in this fund in SIP with the minimum investment of ₹ 100. Lumpsum invest is offered with minimum investment of ₹ 5,000.

Fund Objective

The primary investment objective of the Scheme is to seek to generate continuous returns by actively investing in equity / equity related or fixed income securities of banks.

List of Fund Managers of Nippon India Banking Fund

  • About Bhavik Dave

    Picture of Bhavik  Dave
  • About Vinay Sharma

    Picture of Vinay SharmaVinay Sharma is Equity Fund Manager at Reliance Mutual Fund. Vinay graduated in architecture from MNIT Jaipur and did his post graduate diploma in computer aided management from IIM Calcutta. He has also earned the right to use the Chartered Financial Analyst designation, conferred by CFA Institute, USA. Vinay has a total experience of around 14 years. Before his association with Reliance Mutual Fund, Vinay worked as a fund manager at ICICI Prudential Management for several years managing both diversified and thematic funds. Prior to that he has been an equity research analyst at AIG Global Asset Management and JP Morgan India. Vinay has been instrumental in many NFO launches and product initiatives in his previous stints, and has attended several global investment conferences and seminars.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Very High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 15.15% 30.49% 72.14% 158.47% 56.37% 35.72% 28.61% 23.41% 170.66% 85.42% 56.70% 39.61% 26.31%
Category Average 4.31% 14.82% 20.75% 63.24% 28.93% 15.02% 14.27% 13.16% 60.52% 43.32% 29.08% 18.52% 15.38%
Nippon India Banking Fund 4.34%₹ 10,433 19.44%₹ 11,944 18.33%₹ 11,833 83.00%₹ 18,300 71.22%₹ 16,232 14.55%₹ 13,131 39.46%₹ 34,558 7.29%₹ 12,353 22.32%₹ 49,860 13.02%₹ 18,448 14.11%₹ 85,445 13.37%₹ 35,095 14.64%₹ 2,58,079
ICICI Prudential Technology Fund 8.69%₹ 10,868 28.02%₹ 12,801 37.43%₹ 13,742 106.36%₹ 20,636 102.35%₹ 17,915 56.37%₹ 24,512 85.42%₹ 48,595 35.72%₹ 25,022 56.70%₹ 77,518 28.61%₹ 35,212 39.61%₹ 1,56,955 23.41%₹ 82,067 26.31%₹ 4,84,604
Aditya Birla Sun Life Digital India Fund 6.66%₹ 10,665 23.60%₹ 12,360 33.85%₹ 13,384 92.11%₹ 19,211 90.58%₹ 17,288 53.99%₹ 23,768 75.57%₹ 45,430 33.05%₹ 23,571 52.21%₹ 73,447 27.70%₹ 33,985 37.56%₹ 1,49,712 20.69%₹ 65,675 25.05%₹ 4,52,780
Mirae Asset Healthcare Fund 3.09%₹ 10,308 14.24%₹ 11,424 26.09%₹ 12,609 48.37%₹ 14,836 52.55%₹ 15,182 54.32%₹ 23,872 58.59%₹ 40,175 31.34%₹ 22,670 45.11%₹ 67,287 - - - -
SBI Technology Opportunities Fund 8.64%₹ 10,864 24.76%₹ 12,475 32.90%₹ 13,290 86.80%₹ 18,680 89.94%₹ 17,253 46.39%₹ 21,474 67.89%₹ 43,022 30.58%₹ 22,279 47.31%₹ 69,159 23.48%₹ 28,727 34.26%₹ 1,38,659 - -
Tata Digital India Fund 7.57%₹ 10,756 24.44%₹ 12,443 33.40%₹ 13,340 91.71%₹ 19,171 93.17%₹ 17,427 49.72%₹ 22,464 74.01%₹ 44,938 30.57%₹ 22,276 49.97%₹ 71,463 27.02%₹ 33,086 37.16%₹ 1,48,346 - -

Portfolio Holdings

Portfolio holdings pattern of Nippon India Banking Fund as on 04 Aug 2021 are listed below:

  • Equity Holdings:

    96.73%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    3.27%

Top Sector Holdings of Nippon India Banking Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 66.60% ₹ 2,019.83 Cr.
Nbfc 13.46% ₹ 405.62 Cr.
Insurance 4.35% ₹ 131.06 Cr.
Stockbroking and allied 3.84% ₹ 115.89 Cr.
Financial institution 3.30% ₹ 99.50 Cr.
Others 8.45% -

Top Stock Holdings of Nippon India Banking Fund

Name of StocksHolding PercentageHolding Values in Crore
HDFC Bank Ltd. 15.88% ₹ 478.18 Cr.
ICICI Bank Ltd. 14.57% ₹ 438.72 Cr.
State Bank Of India 10.76% ₹ 324.08 Cr.
Axis Bank Ltd. 9.83% ₹ 295.97 Cr.
Federal Bank Ltd. 4.39% ₹ 132.10 Cr.
Others 44.57% -

Other Holdings

Holding TypeHolding Percentage
TREPS 2.17%
Margin 0.64%
Net Receivables 0.31%
Warrants 0.15%