Nippon India Banking And Financial Services Fund Direct Plan Growth Plan Growth

Equity | Sector Specific - Banks & Financial Services

(NAV as of 26/04/2024)

564.77 (-0.67)

3Y Returns

22%

Min SIP

₹100

Min Lumpsum

₹5000

Expense Ratio

1.12%

Fund Size

₹5192 Cr

Inception Date

01-Jan-13

Fund Manager

Vinay Sharma

Exit Load

1% on or before 1M, Nil after 1M.

Wealthzi View

Fund Traits

Zi Tags

Description

Market Risk / Risk Taken Compared to Benchmark

This fund has taken more risk than the Nifty 500 TRI benchmark and its beta is more than Sector & Thematic category average when compared on the 5 year period.

Fund Size

This fund has a high range AUM which ensures liquidity and stability.

SIP Returns

This fund has given less SIP returns than the Nifty 500 TRI benchmark and among the bottom quartile in Sector & Thematic category when compared on the 5 year period.

Risk Adjusted Returns

This fund has given lower risk adjusted returns than the Nifty 500 TRI benchmark and among the bottom quartile in Sector & Thematic category when compared on the 5 year period.

Extra Returns Over Benchmark

This fund has not beaten the Nifty 500 TRI benchmark and among the bottom quartile in Sector & Thematic category when compared on a 3 year rolling period.

Returns Consistency

This fund has given less returns than the Nifty 500 TRI benchmark and among the bottom quartile in Sector & Thematic category when compared on a 3 year rolling period.

Performance Against Inflation

This fund has given more or less similar inflation beating returns than the Nifty 500 TRI benchmark and among the mid quartile in Sector & Thematic category when compared on a 3 year rolling period.

Overall Fund Zi Tag

Market Risk / Risk Taken Compared to Benchmark

→

Fund Size

→

SIP Returns

→

Risk Adjusted Returns

→

Extra Returns Over Benchmark

→

Returns Consistency

→

Performance Against Inflation

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Overall Fund Zi Tag

Asset Allocation

Equity

98.17%

Debt & Others

1.83%

Market Cap Allocation

Large Cap

72.07%

Mid Cap

14.97%

Small Cap

11.13%

Other Cap

1.83%

Sector Allocation

Banks

61.75%

Finance

19.67%

Insurance

10.16%

Capital Markets

4.76%

Cash/Deposits/Margins/Treps/Repo/Swaps

3.66%

Top Ten Holdings

HDFC Bank Ltd

15.09%

ICICI Bank Ltd

13.54%

Axis Bank Ltd

9.16%

State Bank Of India

8.18%

SBI Life Insurance Company Ltd

3.92%

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 Sector And Companies Engaged In Allied Activities Related To Banking Sector.

Fund House Detail

AMC Name

Nippon Life India Asset Management Limited

Scheme Document

https://www.nipponindiamf.com/investor-service/downloads/scheme-information-document

Address

Reliance Centre, 7th Floor,South Wing, Off Western Express Highway, Santacruz (East)Mumbai - 400 055

Similar Funds

Fund

Zi Tag

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Sundaram Financial Services Opportunities Fund Direct Growth

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Invesco India Financial Services Fund - Direct Plan Growth

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Similar Funds

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30.35%

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13.85%

Sundaram Financial Services Opportunities Fund Direct Growth

36.83%

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Invesco India Financial Services Fund - Direct Plan Growth

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Mirae Asset Banking And Financial Services Fund - Direct Plan - Growth

27.77%

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Aditya Birla Sun Life Banking And Financial Services Fund - Growth Direct

28.97%

16.89%

13.41%

Tata Banking And Financial Services Fund Direct Plan Growth

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Lic Mf Banking And Financial Services Fund-Direct - Growth Plan-Growth

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