Add to Cart
Invest at 0% Commission in 1,500+ Direct Mutual Fund Schemes
Home
Mutual FundsNippon India Banking & Financial Services Fund Direct - GrowthN
Nippon India Banking & Financial Services Fund Direct - Growth
98.17%
5 Year Absolute Returns4Morning Star
4Value Research
N
Nippon India Banking & Financial Services Fund Direct - Growth
98.17%5 Year Absolute Returns
5 Year Absolute Returnsas on 23 Jul 2026
4Morning Star
4Value Research
Nippon India Banking & Financial Services Fund Direct - Growth is a Equity mutual fund scheme launched on 01 Jan 2013. Investors can begin their investment journey with a minimum SIP of ₹100 or a lumpsum investment of ₹5,000. The fund manages total assets worth ₹7,788.58 crores, and the current NAV stands at ₹701.2308 as of 23 Jul 2026. The fund has delivered absolute returns of 1.26% in the past 1 year. For the last 3 years the fund has delivered a CAGR of 12.95%. For 5 years it has given a CAGR of 14.66%. The expense ratio of the fund is 0.84%.
NAV ₹ 701.2308 (-0.86%)
CAGR 14.66%
NAV
NIFTY50
NAV
NIFTY50
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
5Y
₹ 32.73 L
3.50%
₹ 36.98 L
8.00%
₹ 44.41 L
14.66%
Savings Account
Regular Funds
This Fund on Dhan
Total Investment
₹ 30,00,000
Returns
₹ 14,41,430 (14.66%)
Maturity Value
₹ 44,41,430
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Direct vs Regular Returns
Sorry, No Data Available at this Moment!
Returns vs Category
Sorry, No Data Available at this Moment!
*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
Sorry, No Data Available at this Moment!
Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 7,788.58 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹7,788.58 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
Sorry, No Data Available at this Moment!
Stock Holdings
Sorry, No Data Available at this Moment!
Fund Comparison
Fund Details
52W High NAV
₹ NaN
Min. SIP Amount
₹ 100.00
Min. Lumpsum Amount
₹ 5,000.00
AUM (in Cr.)
₹ 7,788.58
Expense Ratio
0.84%
Lock-in Period
No Lock in Period
52W Low NAV
₹ NaN
Inception Date
01 Jan 2013
Fund Age
13 Yrs
Benchmark
Nifty Financial Services TRI
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- Exit load of 1%, if redeemed within 1 month.
Tax Implication
- If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%
Fund Managers
| Name | Qualification |
|---|---|
| Vinay Sharma | MBA., CFA |
| Kinjal Desai | MSC (Economics) |
| Bhavik Dave | NA |
| Amber Singhania | MMS Finance (Mumbai University) |
Fund Objective
The primary investment objective of the Scheme is to seek to generate continuous returns by actively investing in equity and equity related securities of companies in the Banking and Financial services sector. The AMC will have the discretion to completely or partially invest in any of the type of securities stated above with a view to maximize the returns or on defensive considerations.
Risk-O-Meter
Investors understand that their principal will be at
Very High Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
Nippon India Mutual Fund
No. of Schemes
73
Total AUM
₹ 5,30,113.11 Cr
Contact Details
4th Floor, Tower A, Peninsula Busines-s Park, Ganapatrao Kadam MargLower Parel (W), Mumbai - 400013.
Contact Details
022-68087000/18602601114th Floor, Tower A, Peninsula Busines-s Park, Ganapatrao Kadam MargLower Parel (W), Mumbai - 400013.
Open NFOs
Sorry, No Data Available at this Moment!
FAQs
When was Nippon India Banking & Financial Services Fund launched?
Nippon India Banking & Financial Services Fund was launched on 01 Jan 2013.
What is the current NAV of Nippon India Banking & Financial Services Fund?
The current NAV of Nippon India Banking & Financial Services Fund is ₹701.2308 as of 23 Jul 2026.
What is the AUM of Nippon India Banking & Financial Services Fund?
The latest value of AUM of Nippon India Banking & Financial Services Fund is ₹7,788.58 crores as of 23 Jul 2026.
What is the rate of return of Nippon India Banking & Financial Services Fund?
The return on investment of Nippon India Banking & Financial Services Fund is:
- In the past 1Y: 1.26%
- In the past 3Y: 12.95%
- In the past 5Y: 14.66%
What is the expense ratio of Nippon India Banking & Financial Services Fund?
The expense ratio of Nippon India Banking & Financial Services Fund is 0.84%.
What is exit load of Nippon India Banking & Financial Services Fund?
The exit load of Nippon India Banking & Financial Services Fund is as follows:
Exit load of 1%, if redeemed within 1 month.
What is the portfolio of Nippon India Banking & Financial Services Fund?
The portfolio of Nippon India Banking & Financial Services Fund includes:
Top 3 sectoral holdings include:
No data to show right now!
Top 3 sectoral holdings include:
How risky is investing in Nippon India Banking & Financial Services Fund?
On the risk scale of Low, Moderately Low, Moderate, Moderately High, High and Very High, the risk-o-meter of Nippon India Banking & Financial Services Fund is Very High.
Who is the fund manager Nippon India Banking & Financial Services Fund?
The fund manager of Nippon India Banking & Financial Services Fund is Vinay Sharma, Kinjal Desai, Bhavik Dave, Amber Singhania.
What is the minimum investment required in Nippon India Banking & Financial Services Fund?
If you wish to invest in Nippon India Banking & Financial Services Fund, the minimum SIP amount is ₹100 and Lumpsum is ₹5,000.
How to invest in Nippon India Banking & Financial Services Fund directly?
You can easily invest in mutual funds at 0% commission on Dhan. Here's how you can directly invest in Nippon India Banking & Financial Services Fund:
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.
