Nippon India Banking & Financial Services Fund Direct Plan - Bonus
Get the latest NAV of Nippon India Banking & Financial Services Fund Direct Plan - Bonus. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹700.19
▲0.1%1D
NAV as on 15 Jul 2025
14.92%/per year
Since Inception
▲▼
Nippon India Banking & Financial Services Fund Direct Plan - Bonus Performance vs. Nifty 500
Fund returns vs Benchmark returns vs Category Average returns as on (15-Jul-25)
The fund has consistently outperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.
Peer comparison
Nippon India Banking & Financial Services Fund Direct Plan - Bonus Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Nippon India Banking & Financial Services Fund Direct Plan - Bonus Asset Allocation
See fund asset allocation details as on (14-Jul-25)
Fund Distribution
as on (14-Jul-25)
Equity 97%
Debt & Cash 3%
Nippon India Banking & Financial Services Fund Direct Plan - Bonus Sector Allocation
See fund sector allocation details as on (14-Jul-25)
Sector Allocation
Equity 97%
Debt & Cash 3%
Top 2 Sectors in June were Financial Services, Tech
Financial Services
97%
Tech
3%
Financial Services
97%
Tech
3%
Nippon India Banking & Financial Services Fund Direct Plan - Bonus Holdings Details
as on (30-Jun-25)
Equity
Nippon India Banking & Financial Services Fund Direct Plan - Bonus Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.99% |
Benchmark | Nifty Financial Services TR INR |
| AUM | ₹7487 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | --/-- |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 34.28% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
About Nippon India Banking & Financial Services Fund Direct Plan - Bonus
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 Bhavik Dave, Vinay Sharma, Kinjal Desai. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Banking & Financial Services Fund Direct Plan - Bonus has ₹7487 Cr worth of assets under management (AUM) as on Jul 2025 and is more than category average.
- The fund has an expense ratio 1.
Returns
Nippon India Banking & Financial Services Fund Direct Plan - Bonus has given a CAGR return of 14.92% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 13.14%, 24.89% and 28.51% respectively.
Holdings
Nippon India Banking & Financial Services Fund Direct Plan - Bonus has allocated its funds majorly in Cash Equivalent, Financial Services, Tech. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Axis Bank Ltd, State Bank of India, SBI Life Insurance Co Ltd
Taxation
As it is a sector - financial services mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Nippon India Banking & Financial Services Fund Direct Plan - Bonus
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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. Nippon India Banking & Financial Services Fund Direct Plan - Bonus has no lock in period.
Fund Manager
Bhavik Dave
Fund Manager of Nippon India Banking & Financial Services Fund Direct Plan - Bonus, since 18 June 2021
Vinay Sharma
Fund Manager of Nippon India Banking & Financial Services Fund Direct Plan - Bonus, since 9 April 2018
Kinjal Desai
Fund Manager of Nippon India Banking & Financial Services Fund Direct Plan - Bonus, since 25 May 2018
- AUM of the fund stands at 7.5K Cr as of Jun'25
- AUM increased by 327.7 Cr between Jun'25 and May'25
More funds from Nippon
5Y CAGR
▲ 33.34
5Y CAGR
▲ 38.76
5Y CAGR
▲ 33.15
3Y CAGR
▲ 28.47
Frequently Asked Questions for Nippon India Banking & Financial Services Fund Direct Plan - Bonus
How do I invest in Nippon India Banking & Financial Services Fund Direct Plan - Bonus?
- Download the INDmoney app.
- Search for ‘Nippon India Banking & Financial Services Fund Direct Plan - Bonus’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.