Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option
Category: Equity: Sectoral-Banking and Financial Services
Launch Date: 01-05-2003
AUM:
₹ 5,541.72 Cr
Expense Ratio
1.9%
Benchmark
NIFTY Financial Services TRI
ISIN
INF204K01927
Minimum Investment
5000.0
Minimum Topup
1000.0
Minimum SIP Amount
100
Fund Manager
Vinay Sharma, Bhavik Dave
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option | 24.98 | 20.52 | 13.82 |
| NiftyFinancialServices TRI | 10.5 | 12.11 | 12.58 |
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
Overview
NAV
519.3355
Last change
1.87 (0.3607%)
Fund Size (AUM)
₹ 5,541.72 Cr
Performance
20.71% (Inception)
Asset Allocation
Equity
Debt
Others
Nav Movement
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.
Fund Manager
Vinay Sharma, Bhavik Dave
Riskometer
Very High
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| HDFC Bank Ltd. | 18.28 |
| ICICI Bank Ltd. | 16.43 |
| Axis Bank Ltd. | 9.34 |
| State Bank of India | 6.2 |
| Kotak Mahindra Bank Ltd. | 4.25 |
| The Federal Bank Ltd. | 4.14 |
| SBI Life Insurance Company Ltd. | 3.67 |
| Indusind Bank Ltd. | 3.36 |
| SBI Cards And Payment Services Ltd. | 3.05 |
| ICICI Prudential Life Insurance Company Ltd. | 2.79 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial | 89.48 |
| Insurance | 8.13 |
| Services | 1.57 |
| Others | 0.82 |