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Nippon India Nifty Bank Index Fund Growth Return

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  • 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)

₹226 Cr

Lock In Period

N/A

Expense Ratio

0.87

Exit Load

Nil

Benchmark

Nifty Bank Total Return

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M-0.73-1.0618.94
6M-4.120.5828.06
1Y1.562.7791.53
3Y0.0010.96189.04

Portfolio Analysis

  • Equity: 99.45%
  • Debt: 0.55%
  • Others
As on: 2026-06-30
View allocation % by

1. HDFC Bank Limited19.19%
2. ICICI Bank Limited14.08%
3. Axis Bank Limited9.54%
4. Kotak Mahindra Bank Limited9.26%
5. The Federal Bank Limited6.63%
6. IndusInd Bank Limited4.96%
7. AU Small Finance Bank Limited4.61%
8. IDFC First Bank Limited4.33%
9. Yes Bank Limited3.54%

1. State Bank of India9.97%
2. Bank of Baroda3.98%
3. Canara Bank3.30%
4. Punjab National Bank3.16%
5. Union Bank of India2.90%

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 ₹226 Crore. The fund benchmarks its performance against the Nifty Bank Total Return while maintaining an expense ratio of 0.87. 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
ICICI Prudential Nifty EV & New Age Automotive ETF Growth062 CR0.45
UTI Nifty Alpha Low-Volatility 30 Index Fund Growth073 CR1.05
Nippon India Nifty Bank Index Fund Growth0225 CR0.87
Kotak Silver ETF Growth03,461 CR0.35
ICICI Prudential Silver ETF Growth013,863 CR0.4
Fund Name1Y3Y
This FundICICI Prudential Nifty EV & New Age Automotive ETF Growth10.4760
This FundUTI Nifty Alpha Low-Volatility 30 Index Fund Growth3.13270
This FundNippon India Nifty Bank Index Fund Growth1.55560
This FundKotak Silver ETF Growth89.9636188.3822
This FundICICI Prudential Silver ETF Growth90.2304189.0406

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 0.87. 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 : -0.73%
  • 6 Months : -4.12%
  • 1 Year : 1.56%
  • 3 Years : 0.00%
Returns of Nippon India Nifty Bank Index Fund Growth are updated daily based on NAV of ₹ 12.1807 as on Jul 31,2026. 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 ₹226 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.