Nippon India Banking & Financial Services Fund Direct Plan - Bonus

What If You Invested in Nippon India Banking & Financial Services Fund Direct Plan - Bonus

1-time
Monthly SIP

₹1L

10L

This Fund's Returns

Profit (Absolute Return)

Fund Name

Expenses

CAGR Returns

Nippon India Banking & Financial Services Fund Direct Plan - Bonus

Q: What are the average returns of Nippon India Banking & Financial Services Fund Direct Plan - Bonus Fund ?

The return since inception of Nippon India Banking & Financial Services Fund Direct Plan - Bonus is 13.59%. The average returns of Nippon India Banking & Financial Services Fund Direct Plan - Bonus are Years Returns 1 yr 31.98% 3 yrs 12.05% 5 yrs 14.16%

Q: What is the current NAV of Nippon India Banking & Financial Services Fund Direct Plan - Bonus Fund?

The NAV for the fund as on 21-Jan-2022 is 386.8109 Read more on NAV

Q: How do I invest in Nippon India Banking & Financial Services Fund Direct Plan - Bonus Fund?

- Download the INDmoney app - Create your profile - Select any best equity fund from our catalogue - Choose between Starting a SIP or One time lump sum - Complete the payment process Read more on What is SIP

Q: What is the expense ratio of Nippon India Banking & Financial Services Fund Direct Plan - Bonus fund?

The expense ratio of this fund is 1.37 % Read more on expense ratio

Q: What is the worth of total assets under management (AUM) of Nippon India Banking & Financial Services Fund Direct Plan - Bonus fund ?

The AUM for the fund as on 21-Jan-2022 is 3089 Cr Read more on AUM

Q: What are the top holdings of Nippon India Banking & Financial Services Fund Direct Plan - Bonus Fund?

The top holdings include ICICI Bank Ltd 14.63% HDFC Bank Ltd 12.18% Axis Bank Ltd 9.46% State Bank of India 9.44% Bank of Baroda 4.84%

Q: What are the top sectors Nippon India Banking & Financial Services Fund Direct Plan - Bonus Fund has invested in?

The fund has majorly invested in Cash Equivalent 100% Financial Services 100%

Equity

Direct

Very High Risk

Sector - Financial Services

NAV: ₹ 386.8 as on 20-01-2022

About the Fund

Nippon India Banking & Financial Services Fund Direct Plan - Bonus is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Vinay Sharma, Kinjal Desai, Bhavik Dave. The fund could potentially beat inflation in the long-run.

Key parameters

1) Nippon India Banking & Financial Services Fund Direct Plan - Bonus has a NAV of 386.8109 as on 21-Jan-2022.

2) Nippon India Banking & Financial Services Fund Direct Plan - Bonus has 3089 Cr worth of assets under management (AUM) as on 21-Jan-2022 and is more than category average.

3) The fund has an expense ratio 1.37 %.

Fund Overview

Expense ratio	1.37%
	Benchmark	S&P BSE BANKEX INR
AUM	₹3089 Cr
Inception Date	1 January, 2013
Min Lumpsum/SIP	₹5000/₹0
	Exit Load	1%
Lock In	No Lock-in
	TurnOver	53.59%

Fund Distribution

Equity 97.9%
Debt & Cash 2.2%

Size breakup

Large cap

62.5%

Mid cap

18.3%

Small cap

16.7%

Sector Allocation

Top Holdings

All
Equity
Debt & Cash

Total Holdings20

Equity Holdings20

Debt Holdings3

ICICI Bank Ltd	14.6%
HDFC Bank Ltd	12.2%
Axis Bank Ltd	9.5%
State Bank of India	9.4%
Bank of Baroda	4.8%
SBI Cards and Payment Services Ltd Ordinary Shares	4.2%
The Federal Bank Ltd	4.2%
Angel One Ltd Ordinary Shares	4%

See all

Fund Highlights

About the fund

This fund has delivered an average annual returns of 13.59% since inception which is more than its category average return of 12.44%

Fund Allocations

This fund has an allocation of 97.85481% in Equity, 0% in Debt and 2.14519% in Cash related instruments

AUM size ₹3089 Cr

This fund has AUM of ₹3089 Cr which is more than its category average of ₹ 1236 Cr

Expense Ratio 1.37%

This fund has an expense ratio of 1.37% which is less than its category average expense ratio of 1.67%

AMC details

Fund House

Nippon Life India Asset Management Ltd

customer_care@reliancemutual.com

Phone

+912230994600/30301111

Address

Reliance Capital Asset Management Ltd.,One India Bulls Centre - Tower One,,11th & 12th floor, Jupiter Mills Compound,,Elphinstone Road,

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Frequently Asked Questions

Nippon India Banking & Financial Services Fund Direct Plan - Bonus

NAV: ₹ 386.8 as on 20-01-2022

Fund Overview

Fund Distribution

Top Holdings

Fund Highlights

Fund Manager

About the fund

Fund Allocations

AUM size ₹3089 Cr

Expense Ratio 1.37%

AMC details

Similar Funds

What are the average returns of Nippon India Banking & Financial Services Fund Direct Plan - Bonus Fund ?

What is the current NAV of Nippon India Banking & Financial Services Fund Direct Plan - Bonus Fund?

How do I invest in Nippon India Banking & Financial Services Fund Direct Plan - Bonus Fund?

What is the expense ratio of Nippon India Banking & Financial Services Fund Direct Plan - Bonus fund?

What is the worth of total assets under management (AUM) of Nippon India Banking & Financial Services Fund Direct Plan - Bonus fund ?

What are the top holdings of Nippon India Banking & Financial Services Fund Direct Plan - Bonus Fund?

What are the top sectors Nippon India Banking & Financial Services Fund Direct Plan - Bonus Fund has invested in?