Nippon India Banking & Financial Services Fund-Growth Plan-Growth Option: NAV & Returns

Nippon India Banking & Financial Services Fund-Growth Plan-Growth Option is a Sector - Financial Services mutual fund, benchmarked against Nifty Financial Services TR INR, launched in May 2003. As on the latest data it manages around ₹6,720.99 crore with an expense ratio of 1.54%.

Latest NAV

N/A

1Y Return

N/A

not enough history

3Y Return

N/A

not enough history

5Y Return

N/A

not enough history

Risk: Very High Risk
Fund manager: Vinay Sharma, Kinjal Desai, Bhavik Dave, Amber SinghaniaCategory: Sector - Financial ServicesBenchmark: Nifty Financial Services TR INRAUM: ₹6,720.99 CrExpense ratio: 1.54%Launched: May 2003

Top 10 Holdings

42 stocks in portfolio
StockSectorWeight
HDFC Bank LtdFinancial Services13.04%
ICICI Bank LtdFinancial Services12.75%
Axis Bank LtdFinancial Services9.18%
State Bank of IndiaFinancial Services5.96%
Kotak Mahindra Bank LtdFinancial Services3.53%
SBI Cards and Payment Services Ltd Ordinary SharesFinancial Services3.36%
SBI Life Insurance Co LtdFinancial Services3.29%
Bajaj Finserv LtdFinancial Services2.98%
Multi Commodity Exchange of India LtdFinancial Services2.75%
Cholamandalam Financial Holdings LtdFinancial Services2.67%

Sector Allocation

Financial Services94.8%
Technology2.8%

Market Cap Allocation

Large cap59.0%
Mid cap25.1%
Small cap8.2%
Others / cash7.7%

Equity 97.6% · Debt 0.0% · Cash 2.4%

Back-test a SIP in this fundOpen in NAV explorerCompare with other funds

NAV data sourced from public AMFI feeds via mfapi.in and finapi.upvaly.com.

Understanding Nippon India Banking & Financial Services Fund-Growth Plan-Growth Option

The NAV shown above is the per-unit price of Nippon India Banking & Financial Services Fund-Growth Plan-Growth Option, declared after market hours on each business day. It is already net of the fund's expense ratio, so the returns calculated from it reflect what an investor actually earned. Returns up to one year are shown as absolute figures, while three-year, five-year and since-launch returns are annualised (CAGR), which is the standard way longer-term performance is reported.

This page tracks the Regular plan. To judge the fund, look at its longer-term returns and how steadily the NAV has grown rather than any single year. You can back-test a SIP in this fund to see what a monthly investment would have grown to, or compare it with other Sector - Financial Services funds before deciding. Whether it suits you depends on your goal, time horizon and risk appetite, so speak to your mutual fund distributor before investing.

Frequently Asked Questions

NAV and returns are factual historical data for information only and are not a recommendation to buy, sell or hold this scheme. Past performance is not indicative of future results. Returns are before exit load and taxes. Mutual Fund investments are subject to market risks; read all scheme related documents carefully before investing. Consult your mutual fund distributor before investing.