Nippon India Banking & Financial Services Fund Direct Plan Payout of Income Dis cum Cptl Wdrl
Equity
Direct
Sector - Financial Services
NAV: ₹ 96 as on 06-12-2023
Fund Performance
7 people have invested ₹ 19K in Nippon India Banking & Financial Services Fund Direct Plan Payout of Income Dis cum Cptl Wdrl in the last three months
About the Nippon India Banking & Financial Services Fund Direct Plan Payout of Income Dis cum Cptl Wdrl
Nippon India Banking & Financial Services Fund Direct Plan Payout of Income Dis cum Cptl Wdrl is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Bhavik Dave, Kinjal Desai, Vinay Sharma. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Banking & Financial Services Fund Direct Plan Payout of Income Dis cum Cptl Wdrl has ₹4846 Cr worth of assets under management (AUM) as on Oct 2023 and is more than category average.
- The fund has an expense ratio 1.1.
Nippon India Banking & Financial Services Fund Direct Plan Payout of Income Dis cum Cptl Wdrl Overview
 | 1.14% |
 Benchmark | S&P BSE BANKEX INR |
 | ₹4846 Cr |
 | 1 January, 2013 |
 | ₹5000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 39.09% |
Nippon India Banking & Financial Services Fund Direct Plan Payout of Income Dis cum Cptl Wdrl Distribution as on (31-Oct-23)
Size breakup
Large cap
68.7%
Mid cap
15.1%
Small cap
14.1%
Sector Allocation
Financial Services
98.6%
Tech
1.4%
Top Holdings of Nippon India Banking & Financial Services Fund Direct Plan Payout of Income Dis cum Cptl Wdrl as on (30-Nov-23)
Equity Holdings28
Nippon India Banking & Financial Services Fund Direct Plan Payout of Income Dis cum Cptl Wdrl: Monthly Changes Updates
All changes are between Aug'23 and Oct'23
Fund Performance
- This fund’s returns stands at -1.61% whereas the fund’s underlying benchmark Nifty 500 returns stands at -2.63% as on Oct'23
- This fund outperformed Nifty 500 by 1.02% in Oct'23
AUM Change
- AUM of the fund stands at 4.6K Cr as of Oct'23
- AUM decreased by 42.6 Cr between Oct'23 and Sep'23
Fund Portfolio Changes
Gainers & Losers in Nippon India Banking & Financial Services Fund Direct Plan Payout of Income Dis cum Cptl Wdrl portfolio Returns for the month of Oct
Top Growth Drivers | 1M Return |
|---|---|
 Angel One Ltd | 40.3% |
 CreditAccess Grameen Ltd | 19.9% |
 SBI Life Insurance Company Ltd | 5.8% |
Top Losers | 1M Return |
|---|---|
 State Bank of India | -6.2% |
 Axis Bank Ltd | -5.7% |
 HDFC Bank Ltd | -2.1% |
Peer Analysis
Nippon India Banking & Financial Services Fund Direct Plan Payout of Income Dis cum Cptl Wdrl Fund Manager
Bhavik Dave
Fund Manager of Nippon India Banking & Financial Services Fund Direct Plan Payout of Income Dis cum Cptl Wdrl, since 18 June 2021
Top funds managed
Kinjal Desai
Fund Manager of Nippon India Banking & Financial Services Fund Direct Plan Payout of Income Dis cum Cptl Wdrl, since 25 May 2018
Top funds managed
Vinay Sharma
Fund Manager of Nippon India Banking & Financial Services Fund Direct Plan Payout of Income Dis cum Cptl Wdrl, since 9 April 2018
Top funds managed
Nippon India Banking & Financial Services Fund Direct Plan Payout of Income Dis cum Cptl Wdrl Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 13.9% since inception which is less than its category average return of 27.34%
Fund Allocations
This fund has an allocation of 97.8% in Equity, 0% in Debt and 2.2% in Cash related instruments
AUM size ₹4846 Cr
This fund has AUM of ₹4846 Cr which is more than its category average of ₹ 1421 Cr
Expense Ratio 1.14%
This fund has an expense ratio of 1.14% which is less than its category average expense ratio of 1.39%
Frequently Asked Questions
The current NAV of Nippon India Banking & Financial Services Fund Direct Plan Payout of Income Dis cum Cptl Wdrl is ₹96.01 as on 06-Dec-2023.
Existing (Absolute + CAGR) as on 06-Dec-2023.
Nippon India Banking & Financial Services Fund Direct Plan Payout of Income Dis cum Cptl Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 7.61% | 7.61% |
6 Month Returns | 16.35% | 16.35% |
1 Year Returns | 15.29% | 15.29% |
3 Years Returns | 88.68% | 23.57% |
5 Years Returns | 91.67% | 13.9% |
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1.14% as on November 2023
₹4846 Cr as on November 2023
HDFC Bank Ltd(17.18%), ICICI Bank Ltd(12.38%), Axis Bank Ltd(9.84%), State Bank of India(7.71%), SBI Life Insurance Company Limited(4.29%) as on November 2023
The alpha ratio for the Nippon India Banking & Financial Services Fund Direct Plan Payout 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 Payout of Income Dis cum Cptl Wdrl | 6.47 | 9.06 | 0.32 |
As on November 2023
The alpha for Nippon India Banking & Financial Services Fund Direct Plan Payout 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 Payout 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 Payout of Income Dis cum Cptl Wdrl | 1 | 1 | 1.1 |
As on November 2023
The Beta for Nippon India Banking & Financial Services Fund Direct Plan Payout 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 Payout 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 Payout of Income Dis cum Cptl Wdrl | 0.33 | 0.93 | 0.39 |
As on November 2023
The sharpe ratio for Nippon India Banking & Financial Services Fund Direct Plan Payout 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 Payout 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 Payout of Income Dis cum Cptl Wdrl | 14.78 | 18.91 | 29.28 |
As on November 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 1.8 as on November 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.06 as on November 2023. It tells the consistency of the fund in generating superior risk-adjusted performance
Bhavik Dave, Kinjal Desai, Vinay Sharma are the fund managers of Nippon India Banking & Financial Services Fund Direct Plan Payout of Income Dis cum Cptl Wdrl
The Exit load of Nippon India Banking & Financial Services Fund Direct Plan Payout of Income Dis cum Cptl Wdrl is 1%