Fund Insights
In the last 1 year, Tata Banking & Financial Services Fund Direct Growth has given 12.49% return, outperforming this fund by 0.58%
In the last 3 years, Sundaram Financial Services Opportunities Fund Direct Plan Growth Option has given 12.16% return, outperforming this fund by 0.49%
In the last 5 years, Tata Banking & Financial Services Fund Direct Growth has given 11.71% return, outperforming this fund by 3.38%
Nippon India Banking & Financial Services Fund Direct Plan - Growth 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.
1) Nippon India Banking & Financial Services Fund Direct Plan - Growth has a NAV of ₹416.535 as on 27-01-2023.
2) Nippon India Banking & Financial Services Fund Direct Plan - Growth has ₹4020 Cr worth of assets under management (AUM) as on 30-11-2022 and is more than category average.
3) The fund has an expense ratio 1.13 %.
Expense ratio | 1.13% |
Benchmark | S&P BSE BANKEX INR |
AUM | ₹4020 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1% |
Lock In | No Lock-in |
TurnOver | 58.59% |
Nippon India Banking & Financial Services Fund Direct Plan - Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.56% | 1.56% |
6 Month Returns | 12.4% | 12.4% |
1 Year Returns | 11.9% | 11.9% |
3 Years Returns | 39.26% | 11.67% |
5 Years Returns | 49.24% | 8.34% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India Banking & Financial Services Fund Direct Plan - Growth | 10.29 | 3.58 | -2.82 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India Banking & Financial Services Fund Direct Plan - Growth | 0.96 | 1.08 | 1.09 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Nippon India Banking & Financial Services Fund Direct Plan - Growth | 0.85 | 0.42 | 0.31 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Nippon India Banking & Financial Services Fund Direct Plan - Growth | 19.81 | 34.87 | 30.08 |
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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.