Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl
Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl

Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl

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Equity
Direct
Sector - Financial Services

NAV: ₹ 79.2 as on 03-02-2023

Fund Performance
zero opening, trading, fund transfer fee
20 people have invested ₹ 11.9K in mutual fund in the last three months

Fund Performance as on (19-Jan-23)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
-6.1%
-0.1%
6.8%
5.8%
12.9%
8.3%
Benchmark
-2.3%
2.2%
9.6%
-0.5%
15%
9.6%
Category
-5.1%
0.7%
9.6%
7.1%
11.3%
8.1%
About the Fund

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

Key parameters

1) Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl has a NAV of 79.2244 as on 03-02-2023.

2) Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl has 4020 Cr worth of assets under management (AUM) as on 31-12-2022 and is more than category average.

3) The fund has an expense ratio 1.13 %.

Fund Overview

Expense ratio
Expense ratio
1.13%
Benchmark
Benchmark
S&P BSE BANKEX INR
AUM
AUM
₹4020 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
58.59%

Fund Distribution as on (31-Dec-22)

  • Equity 97.7%
  • Debt & Cash 2.3%
Size breakup
Large cap
59.1%
Small cap
19.2%
Mid cap
18.8%

Sector Allocation

Dec'22

Nov'22

Oct'22

Financial Services

98.8%

Tech

1.2%

Top Holdings as on (31-Dec-22)

  • Equity
  • Debt & Cash
Equity Holdings29
Debt Holdings3

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 28.1 Cr in last 1M
Dec'22 return underperformed benchmark

Change in AUM

Dec'22
₹ 4K Cr
Nov'22
₹ 4K Cr
Oct'22
₹ 3.8K Cr

Fund Returns vs Benchmark

Jan'23
5.09%
5.37%
Dec'22
4.06%
2.63%
Nov'22
5.09%
5.37%
Fund Return
Benchmark Return

Concentration Analysis as on (31-Dec-22)

Fund
Dec'22
Nov'22
Oct'22
No of Holdings
32
32
32
Top 5 Company Concentration
42.6%
44%
46.1%
Company having highest exposure
HDFC Bank Ltd (10.8%)
HDFC Bank Ltd (10.8%)
HDFC Bank Ltd (10.9%)
No of Sectors
3
2
2
Top 5 Sectors Concentration
100%
100%
100%
Sector having highest exposure
Financial Services (96.5%)
Financial Services (96.8%)
Financial Services (96.6%)

Fund Manager

Kinjal Desai

Kinjal Desai

Fund Manager of Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl, since 25 May 2018
Vinay Sharma

Vinay Sharma

Fund Manager of Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl, since 9 April 2018
Bhavik Dave

Bhavik Dave

Fund Manager of Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl, since 18 June 2021

Top funds managed

Akshay Sharma

Akshay Sharma

Fund Manager of Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl, since 1 December 2022

AMC details

Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹2.28L Cr
as on 31-Dec-2022
Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)
Phone
022-68087000/18602660111
Email
customercare@nipponindiaim.in

Fund Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 12.97% since inception which is less than its category average return of 25.88%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.67% in Equity, 0% in Debt and 2.33% in Cash related instruments
AUM size ₹4020 Cr

AUM size ₹4020 Cr

This fund has AUM of ₹4020 Cr which is more than its category average of ₹ 1407 Cr
Expense Ratio 1.13%

Expense Ratio 1.13%

This fund has an expense ratio of 1.13% which is less than its category average expense ratio of 1.53%

Frequently Asked Questions

The current NAV of Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl is 79.22 as on 03-Feb-2023.
Existing (Absolute + CAGR)
Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-6.09%
-6.09%
6 Month Returns
6.77%
6.77%
1 Year Returns
5.81%
5.81%
3 Years Returns
43.85%
12.88%
5 Years Returns
49.05%
8.31%
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1.13 as on January 2023
4020 Cr as on January 2023
HDFC Bank Ltd(10.82%),ICICI Bank Ltd(9.71%),Axis Bank Ltd(8.96%),State Bank of India(8.49%),IndusInd Bank Ltd(4.64%) as on January 2023
Financial Services(96.49%),Cash Equivalent(2.33%),Tech(1.18%) as on January 2023
The alpha ratio for the Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl
4.93
3.75
-2.05
As on January 2023
The alpha for Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl is calculated against S&P BSE BANKEX INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl
0.94
1.08
1.1
As on January 2023
The Beta for Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl is calculated with S&P BSE BANKEX INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl
0.2
0.39
0.25
As on January 2023
The sharpe ratio for Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl is calculated with S&P BSE BANKEX INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl
19.42
35.02
30.23
As on January 2023
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.53 as on January 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.28 as on January 2023. It tells the consistency of the fund in generating superior risk-adjusted performance
Kinjal Desai,Vinay Sharma,Bhavik Dave,Akshay Sharma are the fund managers of Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl
The Exit load of Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl is 1%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.