Nippon India Banking & Financial Services Fund

Nippon India Banking & Financial Services Fund

Equity

Nippon Mutual Fund

Sector - Financial Services

Get the latest NAV of Nippon India Banking & Financial Services Fund. 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.

₹659.94

▼-1.8%1D

NAV as on 13 Mar 2026

13.65%/per year

Since Inception

Absolute Gain%

▲▼

2736 people have invested ₹ 2.6Cr in Nippon India Banking & Financial Services Fund in the last three months

Nippon India Banking & Financial Services Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (13-Mar-26)

The fund has consistently outperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
-9.8%
-9.13%
-2.63%
13.28%
17.59%
15.15%
Nifty 500
-8.24%
-9.84%
-7.86%
6.02%
14.31%
11.33%
Sector - Financial Services Avg
-9.73%
-7.65%
0.11%
16.77%
15%
11.78%
Best in Sector - Financial Services
-7.49%
-5.65%
0.87%
28.99%
21.93%
15.17%
Worst in Sector - Financial Services
-11.1%
-11.47%
-7.61%
6.92%
8.82%
9.77%
Category Rank
3/11
3/11
4/11
5/11
3/8
--

Nippon India Banking & Financial Services Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

5
/12
77% Performance
39% Risk Management
35% Cost

Ranked 5 out of 12 mutual funds in the sector - financial services category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Nippon India Banking & Financial Services Fund
5/12
7,869Cr
0.96%
13.28%
17.59%
4.32
0.90
1.17
2.34
0.80
SBI Banking & Financial Services Fund
1/12
10,725Cr
0.72%
16.95%
21.11%
7.88
0.83
1.49
3.27
1.31
Mirae Asset Banking and Financial Services Fund
2/12
2,272Cr
0.57%
17.71%
18.52%
4.48
0.97
1.14
2.48
0.88
Invesco India Financial Services Fund
3/12
1,650Cr
0.79%
19.01%
21.93%
8.25
0.82
1.39
2.73
1.03
See all
Positive: 5Y returns in the top 25% of the category
5Y returns in the top 25% of the category
Positive: Beats FD returns for both 3Y & 5Y
Beats FD returns for both 3Y & 5Y
Negative: No bad points found for this fund.
No bad points found for this fund.

Nippon India Banking & Financial Services Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
▲
▼

Nippon India Banking & Financial Services Fund Asset Allocation

See fund asset allocation details as on (14-Mar-26)

Fund Distribution

as on (14-Mar-26)

Large cap
63%
Mid cap
24.3%
Small cap
9%
Large Cap allocation has gone down from 64.7% to 63%
Large Cap allocation has gone down from 64.7% to 63%
Small Cap allocation has gone down from 9.8% to 9%
Small Cap allocation has gone down from 9.8% to 9%
Mid Cap allocation has gone up from 24% to 24.3%
Mid Cap allocation has gone up from 24% to 24.3%
Cash allocation has gone up from 1.5% to 2.2%
Cash allocation has gone up from 1.5% to 2.2%

Nippon India Banking & Financial Services Fund Sector Allocation

See fund sector allocation details as on (14-Mar-26)

Sector Allocation

Financial Services
97.2%
Tech
2.8%

Top 2 Sectors in February were Financial Services, Tech

Feb'26

Financial Services

97%

Tech

3%

Jan'26

Financial Services

97%

Tech

3%

Nippon India Banking & Financial Services Fund Holdings Details

as on (28-Feb-26)

Top Stocks bought last month
Star Health and Allied Insurance Co Ltd's allocation increased from 0.64% to 1.03%
Star Health and Allied Insurance Co Ltd's allocation increased from 0.64% to 1.03%
Multi Commodity Exchange of India Ltd's allocation increased from 1.79% to 2.14%
Multi Commodity Exchange of India Ltd's allocation increased from 1.79% to 2.14%
PNB Housing Finance Ltd's allocation increased from 0.77% to 1.05%
PNB Housing Finance Ltd's allocation increased from 0.77% to 1.05%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 15.13 % to 14.24 %
HDFC Bank Ltd's allocation decreased from 15.13 % to 14.24 %
Axis Bank Ltd's allocation decreased from 9.85 % to 9.8 %
Axis Bank Ltd's allocation decreased from 9.85 % to 9.8 %
State Bank of India's allocation decreased from 7.73 % to 6.51 %
State Bank of India's allocation decreased from 7.73 % to 6.51 %

Nippon India Banking & Financial Services Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.96%
Benchmark
Nifty Financial Services TR INR
AUM₹7869 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5,000/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
20.36%
Risk
Risk meter
pointer
Very High Risk

About Nippon India Banking & Financial Services Fund

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

Key Parameters

  1. Nippon India Banking & Financial Services Fund has ₹7869 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
  2. The fund has an expense ratio 1.

Returns

Nippon India Banking & Financial Services Fund has given a CAGR return of 13.65% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 13.28%, 17.59% and 15.15% respectively.

Holdings

Nippon India Banking & Financial Services Fund 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 Cards and Payment Services Ltd Ordinary Shares

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 benefit
Dividends 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

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.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Nippon India Banking & Financial Services Fund has no lock in period.

Fund Manager

Divya Sharma

Fund Manager of Nippon India Banking & Financial Services Fund, since 5 September 2025

Vinay Sharma

Fund Manager of Nippon India Banking & Financial Services Fund, since 9 April 2018

Bhavik Dave

Fund Manager of Nippon India Banking & Financial Services Fund, since 18 June 2021

Kinjal Desai

Fund Manager of Nippon India Banking & Financial Services Fund, since 25 May 2018

Lokesh Maru

Fund Manager of Nippon India Banking & Financial Services Fund, since 5 September 2025

Learn more about Nippon Mutual Fund
Parameters
Feb'26
Jan'26
Dec'25
AUM
₹ 7.9K Cr
₹ 7.8K Cr
₹ 7.8K Cr
  • AUM of the fund stands at 7.9K Cr as of Feb'26
  • AUM increased by 116.5 Cr between Feb'26 and Jan'26

Compare Nippon India Banking & Financial Services Fund

Nippon India Banking & Financial Services Fund

VS

ICICI Prudential Banking and Financial Services Fund

Frequently Asked Questions for Nippon India Banking & Financial Services Fund

How do I invest in Nippon India Banking & Financial Services Fund?

INDmoney makes it simple to invest in the Nippon India Banking & Financial Services Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Nippon India Banking & Financial Services Fund’.
  • 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.

What is the current NAV of Nippon India Banking & Financial Services Fund?

The NAV of the fund today is ₹659.94. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Nippon India Banking & Financial Services Fund fund has generated a return of 13.28% in 1 year, 17.59% in 3 years, 15.15% in 5 years.

Who is the fund manager of Nippon India Banking & Financial Services Fund?

The fund managers are Divya Sharma, Vinay Sharma, Bhavik Dave, Kinjal Desai, Lokesh Maru.

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-1 Months. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.96%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹7869 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Nippon India Banking & Financial Services Fund?

The top 3 holdings of the fund are HDFC Bank Ltd(14.24%), ICICI Bank Ltd(13.04%), Axis Bank Ltd(9.8%)