Nippon India Banking&Financial Services-DirGrowth

Equity · Sectoral / Thematic
 · ★★★★
₹ 100
Min SIP
₹ 5,000
Min Lumpsum
1.14 %
Expense Ratio
★★★★
Rating
5,307
Fund Size (in Cr)
11 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 18 April 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 31.6% 23.4% 13.2% 14.3%
Category Average 12.5% 12.6% 11.4% -

Scheme Allocation

By Holding
By Sector
By Asset
17.77%
15.89%
8.76%
Others
45.82%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 17.77%
ICICI Bank Banks Equity 15.89%
Axis Bank Banks Equity 8.76%
St Bk of India Banks Equity 6.88%
Kotak Mah. Bank Banks Equity 4.88%
SBI Life Insuran Insurance Equity 4.01%
Federal Bank Banks Equity 3.85%
IndusInd Bank Banks Equity 3.59%
ICICI Pru Life Insurance Equity 3.09%
SBI Cards Finance Equity 2.98%
Max Financial Finance Equity 2.48%
Chola Financial Finance Equity 2.4%
Equitas Sma. Fin Banks Equity 2.35%
LIC Housing Fin. Finance Equity 2.22%
Power Fin.Corpn. Finance Equity 2.11%
Bajaj Finance Finance Equity 1.99%
Canara Bank Banks Equity 1.79%
Bajaj Finserv Finance Equity 1.77%
UTI AMC Finance Equity 1.75%
ICICI Lombard Insurance Equity 1.71%
CreditAcc. Gram. Finance Equity 1.53%
Angel One Stock/ Commodity Brokers Equity 1.37%
KFin Technolog. Financial Services Equity 1.15%
FEDBANK FIN. SER Finance Equity 0.72%
One 97 E-Commerce/App based Aggregator Equity 0.5%
Sundaram Finance Finance Equity 0.19%
Banks
65.33%
Finance
15.84%
Insurance
11.16%
Capital Markets
4.53%
Debt
2.28%
Others
0.86%
View all Sectors
Sectors Asset
Banks 65.33%
Finance 15.84%
Insurance 11.16%
Capital Markets 4.53%
Debt 2.28%
Financial Technology (Fin 0.51%
Cash & Others 0.35%
Equity
97.73%
Reverse Repos
2.41%
Cash & Cash Equivalents
0%
Net Curr Ass/Net Receivables
-0.14%

Advance Ratio

9.52
Alpha
4.72
SD
0.92
Beta
0.76
Sharpe

Exit Load

Exit Load 1% if redeemed or switchd out on or efore completion of 1 Months from the date of allotment of units. NIl if redeemed or switched out after the completion of 1 Months from the date of allotment of units.

Fund Objective

The primary investment objective of the Scheme is to seek to generate continuous returns by actively investing in equity and equity related securities of companies in the Banking and Financial services sector. The AMC will have the discretion to completely or partially invest in any of the type of securities stated above with a view to maximize the returns or on defensive considerations. However, there can be no assurance that the investment objective of the Scheme will be realized, as actual market movements may be at variance with anticipated trends.

Fund Managers

Vinay Sharma

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Nippon India Mutual Fund
AUM:
4,33,896 Cr
Address:
4th Floor, Tower A, Peninsula Busines -s Park, Ganapatrao Kadam Marg Lower Parel (W), Mumbai - 400013.
Contact:
022-68087000/1860260111
Email ID:
customercare@nipponindiaim.in

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Frequently Asked Questions

How to invest in Nippon India Banking&Financial Services-DirGrowth ?

You can invest in Nippon India Banking&Financial Services-DirGrowth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Nippon India Banking&Financial Services-DirGrowth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of Nippon India Banking&Financial Services-DirGrowth ?

The NAV of Nippon India Banking&Financial Services-DirGrowth is ₹552.1 as of 18 April 2024.

How to redeem Nippon India Banking&Financial Services-DirGrowth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Nippon India Banking&Financial Services-DirGrowth?

The minimum SIP amount of Nippon India Banking&Financial Services-DirGrowth is ₹100

What are the top sectors Nippon India Banking&Financial Services-DirGrowth has invested in?

The top sectors Nippon India Banking&Financial Services-DirGrowth has invested in are
  1. Banks - 65.33%
  2. Finance - 15.84%
  3. Insurance - 11.16%
  4. Capital Markets - 4.53%
  5. Debt - 2.28%

Can I make investments in both the SIP and Lump Sum schemes of Nippon India Banking&Financial Services-DirGrowth?

Yes, You can select both SIP or Lumpsum investment of Nippon India Banking&Financial Services-DirGrowth based on your investment objective and risk tolerance.

How much returns have Nippon India Banking&Financial Services-DirGrowth generated ?

The Nippon India Banking&Financial Services-DirGrowth has delivered 14.3% since inception

What is the expense ratio of Nippon India Banking&Financial Services-DirGrowth ?

The expense ratio of Nippon India Banking&Financial Services-DirGrowth is 1.14 % as of 18 April 2024.

What is the AUM of Nippon India Banking&Financial Services-DirGrowth?

The AUM of Nippon India Banking&Financial Services-DirGrowth is ₹4,33,896 Cr as of 18 April 2024

What are the top stock holdings of Nippon India Banking&Financial Services-DirGrowth?

The top stock holdings of Nippon India Banking&Financial Services-DirGrowth are
  1. HDFC Bank - 17.77%
  2. ICICI Bank - 15.89%
  3. Axis Bank - 8.76%
  4. St Bk of India - 6.88%
  5. Kotak Mah. Bank - 4.88%

How can I redeem my investments in Nippon India Banking&Financial Services-DirGrowth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Nippon India Banking&Financial Services-DirGrowth in Scheme, enter the redemption amount, and click on submit button.
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