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NRI

Sep 18, 2024


Category

Equity

AUM (Cr.)

6,138.44

Exit Load (%)

0.00

Min Inv Lumpsum

5,000

Expense Ratio

1.88

Sharpe Ratio

20.11

Beta Ratio

0.00

Fund Manager

Vinay Sharma

Inception Date

May 28, 2003

Risk Level

Very High

Investment 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. The AMC will have the discretion to completely or partially invest in any of the type of securities stated above with a view to maximize the returns or on defensive considerations. However, there can be no assurance that the investment objective of the Scheme will be realized, as actual market movements may be at variance with anticipated trends.

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Return Calculator

Investment Type

SIP Lumpsum

Company

  • periodic returns
  • Peer Comparison
Returns Type 1 Month (%) 6 Months (%) 1 Year (%) 3 Years (%) 5 Years (%) Since Inception (%)
Scheme - Nippon India Banking&Financial Services (IDCW) 6.46 18.95 26.21 18.31 18.66 20.98
Benchmark - Bank Nifty 0 0 0 0 0 0
Category Average - BEST EQUITY PERFORMERS 4.12 24.36 42.65 20.2 24.67 22.24
Category Rank 5/4 6/4 7/4 7/4 7/4 4/4
Fund Name Nav () Chg (%) 1Y Return(%) 3Y Return(%) 5Y Return(%) AUM ( in Crs) Exp. Ratio (%) Min.Invst() Action
Helios Financial Services Fund - Regular (G) 10.8900 1.49 0.00 0.00 0.00 113.75 2.40 5,000.00 invest
Helios Financial Services Fund - Regular (IDCW) 10.8900 1.49 0.00 0.00 0.00 113.75 2.40 5,000.00 invest
Groww Banking & Financial Services Fund-Reg (G) 11.2793 1.49 0.00 0.00 0.00 41.74 2.30 500.00 invest
Groww Banking & Financial Services Fund-Reg (IDCW) 11.2793 1.49 0.00 0.00 0.00 41.74 2.30 500.00 invest
Nippon India Taiwan Equity Fund (IDCW) 10.7277 -2.38 23.07 0.00 0.00 375.16 2.43 500.00 invest

Asset Allocation

Val (Cr.) Allocation (%)

Top sectors

AUM in Cr.

top holdings

Company Name As on Date Invested Amt (Cr) % Portfolio Weight Change (%)
(Invested Amt.)
4 Months Trends
Equity-HDFC Bank Aug 31, 2024 1,262.81 20.57 6.85
Equity-ICICI Bank Aug 31, 2024 972.96 15.85 1.18
Equity-Axis Bank Aug 31, 2024 510.08 8.31 0.78
Equity-IndusInd Bank Aug 31, 2024 295.56 4.81 23.35
Equity-Kotak Mah. Bank Aug 31, 2024 293.83 4.79 -1.50
Equity-St Bk of India Aug 31, 2024 281.94 4.59 -6.51
Equity-SBI Life Insuran Aug 31, 2024 262.21 4.27 5.51
Equity-Federal Bank Aug 31, 2024 232.54 3.79 -10.79
Equity-SBI Cards Aug 31, 2024 182.31 2.97 8.07
Equity-Chola Financial Aug 31, 2024 175.52 2.86 5.56

latest news

Nippon India Mutual Fund announces merger of Nippon India ETF Nifty CPSE Bond Plus SDL Sep 2024 50:50 merger into Nippon India Nifty AAA CPSE Bond Plu

Nippon India Mutual Fund has approved the merger of Nippon India ETF Nifty ...

Sep 16, 2024 11:10

Groww Mutual Fund announces change in Exit Load Structure

Groww Mutual Fund has announced change in exit load structure under followi...

Sep 14, 2024 12:47

Nippon India MF announces change in Fund Manager of the following scheme

Nippon India Mutual Fund has announced change in Fund Managers of the follo...

Sep 12, 2024 10:56

Nippon India Mutual Fund announces change in Key Personnel

Nippon India Mutual Fund has announced that Mr. Chetan Desai has been appoi...

Sep 02, 2024 10:25

Nippon India MF launches Nifty 500 Equal Weight Index Fund

Nippon India Mutual Fund has introduced the Nippon India Nifty 500 Equal We...

Aug 21, 2024 13:21

Nippon India MF announces change in Fund Manager of the following schemes

Nippon India Mutual Fund has announced change in Fund Managers of the follo...

Aug 17, 2024 10:59

SCHEME DETAILS

AMC Name : Nippon India Mutual Fund
Fund Name : Nippon India Banking&Financial Services (IDCW)
Contact Persone : Vinay Sharma
Registered Address : 4th Floor, Tower A, Peninsula Busines-s Park, Ganapatrao Kadam MargLower Parel (W), Mumbai - 400013.
Telephone No : 022-68087000/1860260111
Fax No. : 022-68087097
Email : customercare:nipponindiaim.in
Website : mf.nipponindiaim.com