Nippon India Nifty Bank Index Fund Growth Return

  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • 5Y
This Fund:
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Showing Funds Performance since Sep 07, 2020

Nippon India Nifty Bank Index Fund Growth Fund Overview

Min. investment

SIP ₹100 & Lump. ₹1000

AUM (Fund size)

₹228 Cr

Lock In Period

N/A

Expense Ratio

0.91

Exit Load

Nil

Benchmark

Nifty Bank Total Return

Nippon India Nifty Bank Index Fund Growth Calculate Returns

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M-0.69-0.7210.19
6M-5.841.3833.00
1Y2.963.56111.63
3Y0.0011.53228.78

Portfolio Analysis

  • Equity: 99.61%
  • Debt: 0.39%
  • Others
As on: 2026-07-31
View allocation % by

1. HDFC Bank Limited18.13%
2. ICICI Bank Limited14.80%
3. Kotak Mahindra Bank Limited9.28%
4. Axis Bank Limited8.78%
5. The Federal Bank Limited7.26%
6. IndusInd Bank Limited5.47%
7. AU Small Finance Bank Limited4.69%
8. IDFC First Bank Limited4.65%
9. Yes Bank Limited3.36%

1. State Bank of India10.05%
2. Bank of Baroda3.57%
3. Punjab National Bank3.36%
4. Canara Bank3.31%
5. Union Bank of India2.90%
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About Fund Nippon India Nifty Bank Index Fund Growth

Nippon India Nifty Bank Index Fund Growth managed by Nippon India Mutual Fund,is a Equity - Index Fundscheme with Assets Under Management of ₹228 Crore. The fund benchmarks its performance against the Nifty Bank Total Return while maintaining an expense ratio of 0.91. Under the expert guidance of Jitendra Tolani ,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

Jitendra Tolani

Mr. Jitendra Tolani holds MBA (FINANCE). Prior to joining Nippon Mutual Fund, he was working with Motilal Oswal Financial Services Ltd, Asit C Mehta Investment Interrmediaries Ltd.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
Motilal Oswal Nifty India Manufacturing ETF Growth01 CR0.72
Mirae Asset Nifty Metal ETF Growth0522 CR0.56
Nippon India Nifty Bank Index Fund Growth0227 CR0.91
Aditya Birla Sun Life Silver ETF Growth02,756 CR0.35
HDFC Silver ETF Growth07,472 CR0.5
Fund Name1Y3Y
This FundMotilal Oswal Nifty India Manufacturing ETF Growth13.84890
This FundMirae Asset Nifty Metal ETF Growth38.27890
This FundNippon India Nifty Bank Index Fund Growth2.95750
This FundAditya Birla Sun Life Silver ETF Growth111.4291227.4845
This FundHDFC Silver ETF Growth110.4029228.7771

Nippon India Nifty Bank Index Fund Growth FAQs

Nippon India Nifty Bank Index 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 Nifty Bank Index Fund Growth is 0.91. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Nippon India Nifty Bank Index Fund Growth’s fund performance is as follows:
  • 1 Month : -0.69%
  • 6 Months : -5.84%
  • 1 Year : 2.96%
  • 3 Years : 0.00%
Returns of Nippon India Nifty Bank Index Fund Growth are updated daily based on NAV of ₹ 12.2435 as on Aug 20,2026. Since inception, the return has been 0.00%.

You can invest in Nippon India Nifty Bank Index 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 Nifty Bank Index Fund Growth is ₹228 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in Nippon India Nifty Bank Index Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.