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Nippon India Banking and Financial Services Fund - IDCW Option

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NAV
₹ 69.7789 ₹ -1.26 (-1.81 %)
as on 20-12-2024
Asset Size (AUM)
6,307 Cr
Launch Date
May 26, 2003
Investment Objective
The scheme aims to generate continuous returns by actively investing in equity, equity related or fixed income securities of banks. The proportion of investment between equity and debt will be decided based on the view of the fund manager on anticipated movement in both debt as well as equity markets.
Minimum Investment 5000.0
Minimum Top-up 1000.0
Investment Returns Since Launch in May 26, 2003
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18.79

%
3 M
6 M
1 Y
3 Y
10 Y
Inception
Sharp Ratio
0.78 %
Expense Ratio
1.88%
Volatility
14.79 %
Fund House
Nippon India Mutual Fund
Fund Manager
Vinay Sharma, Bhavik Dave
Key Features
Scheme description
This fund has higher ups and downs compared to other equity funds but can give much higher returns. Investment in this fund can be made for a horizon of at least 5-7 years or more
Minimum Purchase Application Amount
Rs. 5000.0 (plus in multiples of Rs. 1000.0)

Entry Load
Not applicable
Exit Load
levied on the Units redeemed will be the rate prevailing at the time of the allotment of the Units. For Special products registrations, load for each transaction is based on the load structure applicable as on the registration date.
Indicative Investment Horizon
5 Years and above
Asset Allocation
Fund's historical return comparison with other asset classes
Fund Performance
Fund's historical return comparison with other asset classes
Performance

Scheme Performance (%)

Data as on - 20-12-2024

Yearly Performance (%)

Investment Returns Calculator
Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.
Peer Comparison
Scheme Name Inception Date 1 Year Return % 2 Year Return % 3 Year Return % 5 Year Return % 10 Year Return %
Nippon India Banking and Financial Services Fund - IDCW Option 26-05-2003 11.01 15.67 18.59 12.92 11.43
Invesco India Financial Services Fund - Retail Growth 14-07-2008 21.78 22.64 20.9 14.79 14.5
SBI Banking & Financial Services Fund - Regular Plan - Growth 01-02-2015 21.43 18.91 18.39 13.61 0.0
BANDHAN FINANCIAL SERVICES FUND - REGULAR PLAN - GROWTH 28-07-2023 19.87 0.0 0.0 0.0 0.0
Quant BFSI Fund - Growth Option - Regular Plan 05-06-2023 16.99 0.0 0.0 0.0 0.0
DSP Banking & Financial Services Fund - Regular - Growth 15-12-2023 16.55 0.0 0.0 0.0 0.0
Mirae Asset Banking and Financial Services Fund Regular Growth 11-12-2020 13.83 15.95 16.54 0.0 0.0
Kotak Banking & Financial Services Fund - Regular Plan - Growth 27-02-2023 13.65 0.0 0.0 0.0 0.0
Baroda BNP Paribas Banking and Financial Services Fund - Regular - Growth Option 22-06-2012 13.64 16.03 17.4 10.73 10.47
ICICI Prudential Banking and Financial Services Fund - Growth 05-08-2008 13.25 14.17 14.87 11.45 12.59
Portfolio Analysis
Portfolio as on
Sector Allocation
Sector Allocation (%)
Portfolio Holdings
Company Allocation (%)
Sector Allocation
Portfolio Holdings