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Nippon India Banking Fund

Nippon India Banking Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

6.32

as on 18 May 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,023 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

  • ₹ 332.198

    as on 18 May 2022
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 3,078 Cr.

    as on 31 Dec 2021
  • 2.15%

  • 26 May 2003

  • Equity - Sectoral/Thematic

  • Nifty Financial Services TRI

  • Nippon India Mutual Fund

    Show All Funds
  • Nippon India Banking & Financial Services 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 ₹ 332.198 as on 18 May 2022.

This fund has 18 years of track record. Since 30 Nov 2021 expense ratio of this fund is 2.15%. Ideally you shoulds compare this fund with the benchmark Nifty Financial Services TRI.

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 and equity related securities of companies in the Banking and Financial services sector.

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 -0.56% 15.36% 22.31% 27.85% 80.49% 33.53% 27.88% 22.63% 42.00% 51.23% 45.79% 30.57% 22.87%
Category Average -6.89% -4.73% -8.74% 8.02% 38.05% 16.03% 10.51% 14.18% -6.61% 17.60% 18.91% 13.73% 13.09%
Nippon India Banking Fund -7.88%₹ 9,211 -7.20%₹ 9,279 -8.90%₹ 9,110 7.21%₹ 10,720 -7.98%₹ 11,479 47.67%₹ 21,805 20.62%₹ 29,325 6.32%₹ 12,023 14.95%₹ 44,935 6.66%₹ 13,807 9.10%₹ 75,451 14.43%₹ 38,537 11.75%₹ 2,21,033
Quant Infrastructure Fund -10.56%₹ 8,943 -4.07%₹ 9,593 -4.66%₹ 9,533 23.69%₹ 12,368 7.88%₹ 12,502 79.91%₹ 32,365 51.23%₹ 37,929 33.53%₹ 23,848 45.79%₹ 67,791 20.32%₹ 25,226 29.64%₹ 1,24,321 15.10%₹ 40,850 19.73%₹ 3,39,375
ICICI Prudential Technology Fund -7.50%₹ 9,249 -10.51%₹ 8,949 -16.93%₹ 8,307 21.81%₹ 12,181 -13.35%₹ 11,120 67.59%₹ 28,087 30.64%₹ 32,052 33.05%₹ 23,587 37.91%₹ 61,353 27.64%₹ 33,895 30.57%₹ 1,27,102 22.63%₹ 76,997 22.87%₹ 4,02,204
Aditya Birla Sun Life Digital India Fund -8.40%₹ 9,159 -10.74%₹ 8,925 -15.34%₹ 8,465 17.01%₹ 11,700 -14.80%₹ 11,022 57.11%₹ 24,684 25.21%₹ 30,563 31.27%₹ 22,653 32.74%₹ 57,355 26.92%₹ 32,958 28.08%₹ 1,19,815 21.22%₹ 68,556 21.87%₹ 3,81,055
Quant Consumption Fund -10.13%₹ 8,986 -4.57%₹ 9,542 -8.57%₹ 9,143 14.05%₹ 11,405 -4.56%₹ 11,704 58.88%₹ 25,242 33.18%₹ 32,756 30.42%₹ 22,214 36.63%₹ 60,343 16.88%₹ 21,818 24.57%₹ 1,10,187 18.02%₹ 52,470 20.09%₹ 3,46,092
Tata Digital India Fund -9.05%₹ 9,094 -10.93%₹ 8,907 -16.69%₹ 8,330 20.55%₹ 12,054 -13.83%₹ 11,088 57.98%₹ 24,958 27.12%₹ 31,084 28.97%₹ 21,482 33.01%₹ 57,560 27.88%₹ 34,216 28.42%₹ 1,20,780 - -

Portfolio Holdings

Portfolio holdings pattern of Nippon India Banking Fund as on 20 May 2022 are listed below:

  • Equity Holdings:

    97.48%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    2.52%

Top Sector Holdings of Nippon India Banking Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 66.35% ₹ 2,048.51 Cr.
NBFC 12.69% ₹ 438.57 Cr.
Housing Finance 4.94% ₹ 152.46 Cr.
Other Financial Services 2.81% ₹ 142.50 Cr.
Stockbroking and Allied 4.00% ₹ 123.62 Cr.
Others 9.21% -

Top Stock Holdings of Nippon India Banking Fund

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 14.63% ₹ 451.78 Cr.
HDFC Bank Ltd. 12.18% ₹ 376.11 Cr.
Axis Bank Ltd. 9.46% ₹ 292.13 Cr.
State Bank Of India 9.44% ₹ 291.50 Cr.
Bank Of Baroda 4.84% ₹ 149.37 Cr.
Others 49.45% -

Other Holdings

Holding TypeHolding Percentage
TREPS 2.09%
Warrants 0.41%
Margin 0.32%
Net Receivables -0.30%