Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option
Category: Equity: Sectoral-Banking and Financial Services
Launch Date: 01-05-2003
Riskometer: Very High
Asset Class
Equity
Status
Open Ended Schemes
Fund Managers
FM 1 Vinay Sharma, FM 2 Bhavik Dave
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.
Benchmark
NIFTY Financial Services TRI
Expense Ratio
0.73% As on (31-10-2025)
Minimum Investment | Top up
5000.0 | 1000.0
Total Assets
754.33 Cr As on (31-10-2025)
Nav Movement
RETURNS CALCULATOR for Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option
Growth of 10000 In SIP (Fund vs Benchmark)
Growth of 10000 In LUMPSUM (Fund vs Benchmark)
Rolling Returns
Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.
Key Performance and Risk Statistics of Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option
| Key Statistics | Volatility | Sharpe Ratio | Alpha | Beta | Yield to Maturity | Average Maturity |
|---|---|---|---|---|---|---|
| Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option | 14.79 | 0.96 | 3.37 | 0.91 | - | - |
| Equity: Sectoral-Banking and Financial Services | - | - | - | - | - | - |
Sectors
| Sector | Holdings (%) |
|---|---|
| Financial Services | 97.96 |
Portfolio Holdings
| Company | Holdings (%) |
|---|---|
| HDFC BANK LIMITED EQ NEW FV RE. 1/- | 15.8 |
| ICICI BANK LIMITED EQ NEW FV RS. 2/- | 14.04 |
| AXIS BANK LIMITED EQ NE FV RS. 2/- | 9.97 |
| STATE BANK OF INDIA EQ NEW RE. 1/- | 7.7 |
| SBI CARDS AND PAYMENT SERVICES LIMITED EQ | 3.92 |
| THE FEDERAL BANK LIMITED EQ NEW FV RS.2/- | 3.89 |
| SBI LIFE INSURANCE COMPANY LIMITED EQ | 3.81 |
| BAJAJ FINSERV LIMITED EQ NEW FV RE.1/- | 3.53 |
| BANK OF BARODA EQ NEW FV RS. 2/- | 2.99 |
| KOTAK MAHINDRA BANK LIMITED EQ NEW F.V RS.5/- | 2.69 |