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Nippon India Banking Fund

Nippon India Banking Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

16.30

as on 21 Oct 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 15,749 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

  • ₹ 375.150

    as on 21 Oct 2021
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 3,012 Cr.

    as on 21 Oct 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 ₹ 375.150 as on 21 Oct 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 11.85% 23.66% 49.18% 124.67% 66.11% 41.03% 32.73% 25.69% 109.10% 96.61% 65.45% 43.92% 28.15%
Category Average 3.33% 11.03% 26.80% 63.07% 29.69% 21.95% 14.69% 14.80% 53.74% 47.48% 33.03% 20.63% 16.20%
Nippon India Banking Fund 6.29%₹ 10,629 12.53%₹ 11,252 36.63%₹ 13,663 77.72%₹ 17,771 60.84%₹ 15,654 19.59%₹ 14,330 48.32%₹ 37,110 16.30%₹ 15,749 28.11%₹ 53,961 12.94%₹ 18,380 16.80%₹ 91,292 15.41%₹ 41,957 15.64%₹ 2,72,389
ICICI Prudential Technology Fund 1.82%₹ 10,181 22.69%₹ 12,268 49.18%₹ 14,918 90.64%₹ 19,063 98.57%₹ 17,717 66.11%₹ 27,745 96.61%₹ 52,264 41.03%₹ 28,129 65.45%₹ 85,890 32.73%₹ 41,223 43.92%₹ 1,73,202 25.69%₹ 98,587 28.15%₹ 5,35,520
Aditya Birla Sun Life Digital India Fund 1.67%₹ 10,167 19.13%₹ 11,913 41.56%₹ 14,155 81.88%₹ 18,188 85.63%₹ 17,022 59.04%₹ 25,423 83.28%₹ 47,881 40.20%₹ 27,636 59.38%₹ 80,021 31.51%₹ 39,360 41.13%₹ 1,62,539 22.93%₹ 78,922 26.78%₹ 4,97,183
Tata Digital India Fund 2.16%₹ 10,216 23.66%₹ 12,366 47.10%₹ 14,709 85.68%₹ 18,567 97.15%₹ 17,641 59.44%₹ 25,552 87.41%₹ 49,224 39.14%₹ 27,012 60.17%₹ 80,766 32.22%₹ 40,446 42.18%₹ 1,66,500 - -
Quant Infrastructure Fund 9.80%₹ 10,979 19.00%₹ 11,899 42.91%₹ 14,290 119.83%₹ 21,982 109.10%₹ 18,273 52.20%₹ 23,271 90.80%₹ 50,336 38.85%₹ 26,841 59.07%₹ 79,726 22.57%₹ 27,682 34.70%₹ 1,40,114 13.48%₹ 35,437 21.10%₹ 3,65,681
SBI Technology Opportunities Fund 1.26%₹ 10,126 18.52%₹ 11,851 40.41%₹ 14,040 76.78%₹ 17,677 81.36%₹ 16,790 52.37%₹ 23,324 73.70%₹ 44,822 36.46%₹ 25,473 52.87%₹ 74,024 27.40%₹ 33,587 37.23%₹ 1,48,598 - -

Portfolio Holdings

Portfolio holdings pattern of Nippon India Banking Fund as on 22 Oct 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%