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

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

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Equity
Direct
Sector - Financial Services

NAV: ₹ 83.3 as on 06-12-2022

Fund Performance
zero opening, trading, fund transfer fee
6 people have invested ₹ 7.1K in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
5.3%
7.5%
21.8%
18.9%
12.8%
10.2%
Benchmark
2.8%
4.3%
13.6%
9.2%
18.2%
12.2%
Category
5.4%
9.5%
24.3%
19.3%
11.1%
9.4%
About the Fund

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 Kinjal Desai, Vinay Sharma, Bhavik Dave. The fund could potentially beat inflation in the long-run.

Key parameters

1) Nippon India Banking & Financial Services Fund Direct Plan Payout of Income Dis cum Cptl Wdrl has a NAV of 83.282 as on 06-12-2022.

2) Nippon India Banking & Financial Services Fund Direct Plan Payout of Income Dis cum Cptl Wdrl has 3821 Cr worth of assets under management (AUM) as on 31-10-2022 and is more than category average.

3) The fund has an expense ratio 1.07 %.

Fund Overview

Expense ratio
Expense ratio
1.07%
Benchmark
Benchmark
S&P BSE BANKEX INR
AUM
AUM
₹3821 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

  • Equity 96.6%
  • Debt & Cash 3.4%
Size breakup
Large cap
65.4%
Small cap
17.7%
Mid cap
13.1%

Sector Allocation

Oct'22

Sep'22

Aug'22

Financial Services

100%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings32
Equity Holdings29
Debt Holdings3

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 200.5 Cr in last 1M
Oct'22 return underperformed benchmark

Change in AUM

Oct'22
₹ 3.8K Cr
Sep'22
₹ 3.6K Cr
Aug'22
₹ 3.7K Cr

Fund Returns vs Benchmark

Oct'22
5.09%
5.37%
Sep'22
-1.39%
-2.51%
Aug'22
4.26%
3.22%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Oct'22
Oct'22
Aug'22
No of Holdings
32
30
28
Top 5 Company Concentration
46.1%
45.5%
49.3%
Company having highest exposure
HDFC Bank Ltd (10.9%)
ICICI Bank Ltd (10.9%)
HDFC Bank Ltd (13.5%)
No of Sectors
2
2
2
Top 5 Sectors Concentration
100%
100%
100%
Sector having highest exposure
Financial Services (96.6%)
Financial Services (96.2%)
Financial Services (96.4%)

Fund Manager

Kinjal Desai

Kinjal Desai

Managing this fund since 25 May 2018

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Nippon India Multi Cap Fund - Direct Plan - Growth
21.92%
20.79%
Nippon India Liquid Fund Direct Plan Growth Plan
4.18%
0.61%
Nippon India Small Cap Fund - Direct Plan - Growth Plan
37.43%
32.27%
Vinay Sharma

Vinay Sharma

Managing this fund since 9 April 2018

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Nippon India Focused Equity Fund - Direct Plan - Growth Option
23.02%
17.23%
Nippon India Banking & Financial Services Fund Direct Plan - Growth
13.07%
10.8%
Bhavik Dave

Bhavik Dave

Managing this fund since 18 June 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Nippon India Banking & Financial Services Fund Direct Plan - Growth
13.07%
10.8%

AMC details

Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)
Phone
022-68087000/18602660111
Fund House
Nippon Life India Asset Management Ltd

Fund Highlights

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 13.78% since inception which is less than its category average return of 29.47%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.58% in Equity, 0% in Debt and 3.42% in Cash related instruments
AUM size ₹3821 Cr

AUM size ₹3821 Cr

This fund has AUM of ₹3821 Cr which is more than its category average of ₹ 1460 Cr
Expense Ratio 1.07%

Expense Ratio 1.07%

This fund has an expense ratio of 1.07% which is less than its category average expense ratio of 1.6%

Frequently Asked Questions

The current NAV of Nippon India Banking & Financial Services Fund Direct Plan Payout of Income Dis cum Cptl Wdrl is 83.38.
Existing (Absolute + CAGR)
Nippon India Banking & Financial Services Fund Direct Plan Payout of Income Dis cum Cptl Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
5.33%
5.33%
6 Month Returns
21.84%
21.84%
1 Year Returns
18.92%
18.92%
3 Years Returns
43.48%
12.79%
5 Years Returns
62.2%
10.16%
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1.07 as on November 2022
3821 Cr as on November 2022
HDFC Bank Ltd(10.86%),ICICI Bank Ltd(10.65%),Axis Bank Ltd(9.14%),State Bank of India(8.5%),Housing Development Finance Corp Ltd(6.92%) as on November 2022
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
9.17
1.46
-3.45
As on month end.
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
0.97
1.09
1.1
As on month end.
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
0.85
0.4
0.31
As on month end.
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
19.83
34.93
30.14
As on month end.
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.
0.55
0.07
Kinjal Desai,Vinay Sharma,Bhavik Dave 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%

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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.