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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹100 & Lump. ₹5000

AUM (Fund size)

₹6,721 Cr

Lock In Period

N/A

Expense Ratio

1.85

Benchmark

Nifty Financial Services Total Return

Exit Load

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

Summary

Latest details for Nippon India Banking & Financial Services Fund Growth include a ₹648.4003 NAV as of Apr 21,2026 and returns since inception of 61.74%. Minimum investments start at SIP ₹100. The Nippon India Banking & Financial Services Fund Growth AUM is ₹6,721 Cr, with a lock-in of N/A years, expense ratio of 1.85%, and benchmark Nifty Financial Services Total Return. Exit load is - 1% if redeemed or switched out on or before completion of 1 month from the date of allotment of units.Nil, thereafter.. In the growth review for 1M Month/Year, the fund recorded 7.67% returns, against a category average of 1.65% and a category best of 9.34%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M7.671.659.34
6M-1.411.6334.42
1Y6.085.7639.48
3Y17.3815.2084.77

Portfolio Analysis

  • Equity: 98.58%
  • Debt: 1.42%
  • Others
As on: 2026-03-31
View allocation % by

1. HDFC Bank Limited13.74%
2. ICICI Bank Limited13.53%
3. Axis Bank Limited9.63%
4. Kotak Mahindra Bank Limited3.61%
5. IndusInd Bank Limited2.42%
6. Equitas Small Finance Bank Limited1.66%
7. AU Small Finance Bank Limited1.58%
8. The Federal Bank Limited0.93%

1. Cholamandalam Financial Holdings Limited2.77%
2. ICICI Prudential Asset Management Company Limited2.64%
3. Max Financial Services Limited2.48%
4. KFin Technologies Limited1.56%
5. Angel One Limited1.49%
6. HDB Financial Services Limited0.48%

1. SBI Cards and Payment Services Limited3.68%
2. L&T Finance Limited1.70%
3. Bajaj Finance Limited1.61%
4. Aye Finance Limited1.31%
5. Piramal Finance Limited1.14%
6. Sundaram Finance Limited0.69%

1. State Bank of India6.07%
2. Bank of Baroda2.50%

1. SBI Life Insurance Company Limited3.57%
2. HDFC Life Insurance Company Limited1.43%
3. ICICI Prudential Life Insurance Company Limited0.69%

1. Bajaj Finserv Limited3.10%

1. Star Health And Allied Insurance Company Limited1.67%
2. ICICI Lombard General Insurance Company Limited1.40%

1. UTI Asset Management Company Limited1.59%
2. HDFC Asset Management Company Limited1.11%

1. Multi Commodity Exchange of India Limited2.45%

1. PNB Housing Finance Limited1.30%
2. Aavas Financiers Limited0.64%

1. Power Finance Corporation Limited1.33%

About Fund

Nippon India Banking & Financial Services Fund Growth managed by Nippon India Mutual Fund,is a Bankingscheme with Assets Under Management of ₹6,721 Crore. The fund benchmarks its performance against the Nifty Financial Services Total Return while maintaining an expense ratio of 1.85. Under the expert guidance of Vinay Sharma ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Vinay Sharma

Mr. Vinay Sharma holds MBA - IIM Calcutta, CFA - AIMR USA. His past experience are, ICICI Prudential Asset Management Limited - PMS Fund Manager - (January 2012 to April 06, 2014). ICICI Prudential Asset Management Limited - Equity Analyst - (February 2010 to June 2011). AIG Global Asset Management India Limited - Equity Analyst - (February 2007 to January 2010). J.P.Morgan India Private Limited - Equity Analyst (December 2004 to January 2007).

Peer Comparison

Fund NameRatingsAUMExpense Ratio
This FundTata Banking and Financial Services Fund Growth32742.6 CR1.94
This FundSundaram Financial Services Opportunities Fund - Institutional Plan Growth01604.71 CR2.8
This FundNippon India Banking & Financial Services Fund Growth46720.99 CR1.85
This FundInvesco India Financial Services Fund Growth31480.45 CR2.11
Fund Name1Y3Y
This FundTata Banking and Financial Services Fund Growth5.693257.8385
This FundSundaram Financial Services Opportunities Fund - Institutional Plan Growth6.416358.5875
This FundNippon India Banking & Financial Services Fund Growth6.082161.7371
This FundInvesco India Financial Services Fund Growth11.774777.6314

FAQs

Nippon India Banking & Financial Services Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of Nippon India Banking & Financial Services Fund Growth is 1.85. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Nippon India Banking & Financial Services Fund Growth’s fund performance is as follows:
  • 1 Month : 7.67%
  • 6 Months : -1.41%
  • 1 Year : 6.08%
  • 3 Years : 17.38%
Returns of Nippon India Banking & Financial Services Fund Growth are updated daily based on NAV of ₹ 648.4003 as on Apr 21,2026. Since inception, the return has been 61.74%.

You can invest in Nippon India Banking & Financial Services Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of Nippon India Banking & Financial Services Fund Growth is ₹6,721 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in Nippon India Banking & Financial Services Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500