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This Fund:
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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹100 & Lump. ₹1000

AUM (Fund size)

₹169 Cr

Lock In Period

N/A

Expense Ratio

0.81

Benchmark

Nifty Bank Total Return

Exit Load

Nil

Summary

Latest details for Nippon India Nifty Bank Index Fund Growth include a ₹12.1228 NAV as of Apr 22,2026 and returns since inception of --%. Minimum investments start at SIP ₹100. The Nippon India Nifty Bank Index Fund Growth AUM is ₹169 Cr, with a lock-in of N/A years, expense ratio of 0.81%, and benchmark Nifty Bank Total Return. Exit load is - Nil. In the growth review for 1M Month/Year, the fund recorded 7.29% returns, against a category average of 0.37% and a category best of 19.17%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M7.290.3719.17
6M-1.610.8761.10
1Y3.624.55159.29
3Y0.0013.17224.97

Portfolio Analysis

  • Equity: 99.92%
  • Debt: 0.08%
  • Others
As on: 2026-03-31
View allocation % by

1. HDFC Bank Limited18.99%
2. ICICI Bank Limited14.10%
3. Axis Bank Limited10.00%
4. Kotak Mahindra Bank Limited9.73%
5. The Federal Bank Limited6.18%
6. IndusInd Bank Limited4.79%
7. AU Small Finance Bank Limited4.49%
8. IDFC First Bank Limited3.80%
9. Yes Bank Limited2.95%

1. State Bank of India9.93%
2. Bank of Baroda4.44%
3. Canara Bank4.05%
4. Punjab National Bank3.38%
5. Union Bank of India3.09%

About Fund

Nippon India Nifty Bank Index Fund Growth managed by Nippon India Mutual Fund,is a Equity - Index Fundscheme with Assets Under Management of ₹169 Crore. The fund benchmarks its performance against the Nifty Bank Total Return while maintaining an expense ratio of 0.81. 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
This FundGroww Nifty Midcap 150 ETF Growth05.13 CR
This FundNAVI Nifty 50 ETF Growth07.16 CR
This FundNippon India Nifty Bank Index Fund Growth0168.85 CR0.81
This FundKotak Silver ETF Growth03319.12 CR0.35
This FundICICI Prudential Silver ETF Growth014511.43 CR0.4
Fund Name1Y3Y
This FundGroww Nifty Midcap 150 ETF Growth00
This FundNAVI Nifty 50 ETF Growth21.30310
This FundNippon India Nifty Bank Index Fund Growth3.6230
This FundKotak Silver ETF Growth155.5388224.0972
This FundICICI Prudential Silver ETF Growth156.1729224.9749

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 0.81. 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 : 7.29%
  • 6 Months : -1.61%
  • 1 Year : 3.62%
  • 3 Years : 0.00%
Returns of Nippon India Nifty Bank Index Fund Growth are updated daily based on NAV of ₹ 12.1228 as on Apr 22,2026. 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 ₹169 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.
Min Inv Amount: ₹500