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

Equity
Direct
Very High Risk
Sector - Financial Services

NAV: ₹ 75.6 as on 20-01-2022

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 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 Reinvestment of Income Dis cum Cptl Wdrl has a NAV of 75.551 as on 21-Jan-2022.

2) Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl 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
Expense ratio
1.37%
Benchmark
Benchmark
S&P BSE BANKEX INR
AUM
AUM
₹3089 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
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
Financial Services100%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings20
Equity Holdings20
Debt Holdings3
ICICI Bank Ltd
ICICI Bank Ltd
14.6%
HDFC Bank Ltd
HDFC Bank Ltd
12.2%
Axis Bank Ltd
Axis Bank Ltd
9.5%
State Bank of India
State Bank of India
9.4%
Bank of Baroda
Bank of Baroda
4.8%
SBI Cards and Payment Services Ltd Ordinary Shares
SBI Cards and Payment Services Ltd Ordinary Shares
4.2%
The Federal Bank Ltd
The Federal Bank Ltd
4.2%
Angel One Ltd Ordinary Shares
Angel One Ltd Ordinary Shares
4%

Fund Highlights

About the fund

About the fund

This fund has delivered an average annual returns of 13.57% since inception which is more than its category average return of 12.44%
Fund Allocations

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

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%

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
Email
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,

Frequently Asked Questions

What are the average returns of Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl Fund ?

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How do I invest in Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl Fund?

What is the expense ratio of Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl fund?

What is the worth of total assets under management (AUM) of Nippon India Banking & Financial Services Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl fund ?

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