Nippon India Banking & Financial Services Fund Direct Plan - Growth

Very High Risk
Equity
Sector - Financial Services

NAV as on Aug 7, 2026

Price per unit of the scheme.

₹ 711.3552-0.91%1 Day Change

-2.10%

Minimum Investment₹5000

Expense Ratio1.19%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.

Scheme Rating

*Morningstar Rating Methodology i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions

FUND PERFORMANCE

As On Jan 01, 2023

Compare fund’s performance against category average across different time periods

No Data Found.

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

1M 3M 6M 1Y 3Y 5Y

This Fund

Nippon India Banking & Financial Services Fund Direct Plan - Growth

Equity: Sector - Financial Services Average NAV

Topper in Equity: Sector - Financial Services

All Fund

No Data Found.

*For the other fund, rescaled NAVs are used

RETURN CALCULATOR

Check the return on your investment in the fund

Nippon India Banking & Financial Services Fund Direct Plan - Growth

Investment Type

Monthly Investment

Time Period (yrs)

Annual Return in %

Invested Amount
₹0
Return
₹0

Current Value
₹0

FUND SUMMARY

Benchmark

IISL Nifty Financial Services TR INR

Expense Ratio

1.19%

Category Avg Expense Ratio

0.90%

Minimum Investment (Lumpsum/SIP)

₹ 5000 /₹ 100

Lock In (Years)

No Lock-in

Fund Size

₹ 7,788.58 Cr(As on Jun, 2026)

Inception Date

Jan 01, 2013

Turnover

38.00 %

Exit Load

1% if redeemed or switched out on or before completion of 1 month from the date of allotment of units. Nil, thereafter.

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 & 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.

Nippon India Banking & Financial Services Fund Direct Plan - Growth is an Equity - Sector - Financial Services fund. The fund was launched inJan 01, 2013. Its risk level is . The NAV of the fund as onAug 07, 2026 is ₹711.36. Its expense ratio is 1.19 %. The fund has an AUM of ₹7,788.58 Cr.The fund is managed byVinay Sharma,Bhavik Dave,Kinjal Desai,Akshay Sharma,Divya Sharma,Lokesh Maru,Amber Singhania.
The minimum initial investment is ₹5000 in Lumpsum mode.

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DETAILED PORTFOLIO

As on Jun, 2026

EQUITY (98.74%)

DEBT (-%)

CASH (1.26%)

Allocation by Market Cap

Large Cap(59.71%)

Mid Cap(20.44%)

Small Cap(18.59%)

Industry Holdings

Banks Regional52.78%
Credit Services16.47%
Insurance Life9.97%
Asset Management5.20%
Specialty Finance3.31%
Software Infrastructure3.01%

Stock Holdings

HDFC Bank Ltd14.01%
ICICI Bank Ltd13.31%
Axis Bank Ltd9.34%
State Bank of India5.49%
Kotak Mahindra Bank Ltd3.61%
SBI Life Insurance Co Ltd3.04%

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.

Consistency
i
It represents the consistency of a fund in beating its benchmark.
Downside Risk
i
Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
Risk Adjusted Return
i
Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
Volatility
i
Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
Upside Capture Ratio
i
Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
Downside Capture Ratio
i
Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.

PEER ANALYSIS

card
table

Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

TOP FUNDS FROM THIS AMC

card
table

Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd manages assets worth ₹ 7,79,661.74 crores. It’s current offering of mutual fund schemes includes 34 equity, 80 debt and 13 hybrid schemes.

Phone

022-6808 7000/18602660111

customercare@nipponindiaim.in

AUM

₹ 7,79,661.74 Cr (

As on Jun 30, 2026

)

Address

4th Floor, Tower A, Peninsula Business Park, Mumbai,400 013

FAQs

What is the category of Nippon India Banking & Financial Services Fund Direct Plan - Growth ?

The category of Nippon India Banking & Financial Services Fund Direct Plan - Growth is Equity - Sector - Financial Services

What is the current NAV of Nippon India Banking & Financial Services Fund Direct Plan - Growth ?

The current NAV of Nippon India Banking & Financial Services Fund Direct Plan - Growth as on Aug 07, 2026 is ₹711.36

How safe is Nippon India Banking & Financial Services Fund Direct Plan - Growth ?

The risk level of Nippon India Banking & Financial Services Fund Direct Plan - Growth is Very High.

What are short term returns given by Nippon India Banking & Financial Services Fund Direct Plan - Growth ?

The return given by Nippon India Banking & Financial Services Fund Direct Plan - Growth in 1 month is -2.10%, 3 months is 0.74%, 6 months is -1.94%, and 1 year is 5.39%

What are the long term returns given by Nippon India Banking & Financial Services Fund Direct Plan - Growth ?

The return given by Nippon India Banking & Financial Services Fund Direct Plan - Growth in 3 years is 13.52% and 5 years is 14.20%.

What is the expense ratio of Nippon India Banking & Financial Services Fund Direct Plan - Growth ?

The expense ratio of Nippon India Banking & Financial Services Fund Direct Plan - Growth is 1.19%

What is the AUM of Nippon India Banking & Financial Services Fund Direct Plan - Growth ?

The assets under Management (AUM) of Nippon India Banking & Financial Services Fund Direct Plan - Growth is Rs 7,788.58 crores.

What is the minimum investment in Nippon India Banking & Financial Services Fund Direct Plan - Growth ?

The minimum Lumpsum investment in Nippon India Banking & Financial Services Fund Direct Plan - Growth is ₹5,000.00 and the minimum SIP investment in Nippon India Banking & Financial Services Fund Direct Plan - Growth is ₹100.00

What is the asset allocation of Nippon India Banking & Financial Services Fund Direct Plan - Growth?

Nippon India Banking & Financial Services Fund Direct Plan - Growth has an exposure of 98.74% in Equity and 1.26% in Cash & Money Market Securities