Nippon India banking fund (Equity, Equity Sectoral-banking)

16 yrs 11 monthsStarted on:26 May 2003
₹ 2797.23 Cras on: 01 Apr 2020
Long Term Horizon
Capital Appreciation

Minimum Investment

  • ₹ 5000.00 for Lumpsum

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.

Exit Load

No entry load will be charged for Subscriptions/Switch Ins W.E.F August 01, 2009. Exit Load for all subscriptions W.E.F August 24, 2009 is 1% if redeemed/Switched out on or before completion of 1 year from the date of allotment

Scheme Documents

Similar Funds
ICICI Pru Banking and Financial Services Fund
Current NAV 39.53
Return (CAGR) 12.56%
Value Research
Aditya Birla SL Banking & Financial Services Fund
Current NAV 17.96
Return (CAGR) 9.74%
Value Research
TATA Banking And Financial Services Fund
Current NAV 13.8
Return (CAGR) 7.84%
Value Research
Baroda Pioneer Banking and Financial Services Fund
Current NAV 16.12
Return (CAGR) 6.33%
Value Research
UTI Banking and Financial Services Fund
Current NAV 57.27
Return (CAGR) 11.55%
Value Research


TenureReturns (CAGR)

SIP Returns

TenureReturns (CAGR)
10 YR1.81


Company Name% Assets
ICICI Bank Ltd.16.09
HDFC Bank Ltd.11.79
State Bank of India10.32
Bajaj Finserv Ltd.7.12
Axis Bank Ltd.6.25
Federal Bank Ltd.6.04
Bank Of Baroda4.74
RBL Bank Ltd.4.46
Cholamandalam Financial Holdings Ltd.4.24
Max Financial Services Ltd.3.23

Top Sectoral Holdings

Sector Name% Assets


Portfolio turnover ratio99
Standard Deviation29.76%

Vinay Sharma

Mr. Sharma is B.Arch & PGDCM
Prior to joining Reliance Mutual Fund he has worked with ICICI Prudential AMC, Kotak Mahindra Mutual Fund, J.P. Morgan India Pvt. Ltd. and UTI Bank.