Nippon India Banking&Financial Services-DirGrowth

Equity . Sectoral / Thematic
 . 2

Scheme Performance

1Y 3Y 5Y Max
Fund Returns 5.52% 6.26% 6.97% 11.64%
Category Average -15.00% -2.87% 11.42% -

Returns Calculator

Nippon India Banking&Financial Services-DirGrowth
Monthly Amount Invested
Duration
Would Have Become
  • --
    Invested Value
  • --
    Current Value
  • --
    Total Gain
Returns : --
per annum

Scheme Information

1.37
Expense Ratio
3,316 Cr
Scheme Size
9 Years
Age of Fund
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 Managers Vinay Sharma
Benchmark Nifty Financial Services TRI
Scheme Obejctive 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.
Lock-in N/A
Risk Very High
Alpha
0.02
Beta
1.08
Sharpe
0.06
SD
1.23

Scheme Allocation

By Holdings

HDFC Bank 15.00%
ICICI Bank 13.68%
St Bk of India 8.80%
Axis Bank 8.80%
H D F C 5.68%
View all Holdings

By Sector

Banks 62.27%
Finance 24.07%
Insurance 6.87%
Debt 1.80%
Others 0.55%
Cash & Others 0.51%

By Assets

Equity 97.14%
Reverse Repos 1.80%
Warrants 0.55%
Net Curr Ass/Net Receivables 0.51%
Cash & Cash Equivalents 0.00%

AMC Details

Nippon India Mutual Fund
AUM:
2,85,196 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

Frequently Asked Questions

The NAV of Nippon India Banking&Financial Services-DirGrowth is ₹353.66 as of 18 May 2022.