
Nippon India Banking & Financial Services Fund Direct Growth
Nippon India Banking & Financial Services Fund Direct Growth
as on 30 Oct 2026
Nippon India Banking & Financial Services Fund Direct Growth is a Equity mutual fund scheme launched on 01 Jan 2013. The current NAV stands at ₹653.7406 as of 30 Oct 2026. From the funds total AUM, its top holdings include ICICI Bank at 12.73%, HDFC Bank at 12.63%, Axis Bank at 9.35%, State Bank of India at 5.40%, Kotak Bank at 3.55%
Scheme Overview
- Inception Date : 01 Jan 2013
- AUM : ₹7,366.72 Cr
- 5Y Returns (CAGR) : 10.82%
- Expense Ratio : 1.07%
- Min. SIP : ₹100
- Min. Lumpsum : ₹5,000
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
5Y
₹ 32.73 L
3.50%
₹ 36.98 L
8.00%
₹ 39.93 L
10.82%
Total Investment
₹ 30,00,000
Returns
₹ 9,92,596 (10.82%)
Maturity Value
₹ 39,92,596
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
₹ 7,366.72 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹7,366.72 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
as of 31 May 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Financial Services | 93.81% | ||
| Technology | 4.36% | ||
| Other | 1.83% |
Stock Holdings
as of 31 May 2026
| Name | Allocation | Weightage |
|---|---|---|
![]() I ICICI Bank | 12.73% | |
![]() H HDFC Bank | 12.63% | |
![]() A Axis Bank | 9.35% | |
![]() S State Bank of India | 5.40% | |
![]() K Kotak Bank | 3.55% | |
![]() S SBI Life Insurance | 3.29% | |
![]() S SBI Cards | 3.27% | |
![]() B Bajaj Finserv | 3.06% | |
![]() M MCX | 2.74% | |
![]() C Cholamandalam Financial Holdings | 2.72% | |
![]() I Indusind Bank | 2.66% | |
![]() I ICICI Prudential Asset Management | 2.54% | |
![]() M Max Financial Services | 2.51% | |
![]() E Equitas Small Finance Bank | 2.03% | |
![]() S Star Health Insurance | 1.88% | |
![]() A Aye Finance | 1.80% | |
![]() A Angel One | 1.77% | |
![]() L L&T Finance | 1.68% | |
![]() A AU Small Finance Bank | 1.67% | |
![]() B Bajaj Finance | 1.65% | |
![]() K KFin Technologies | 1.61% | |
![]() H HDFC AMC | 1.57% | |
![]() P PNB Housing Finance | 1.46% | |
![]() U UTI AMC | 1.44% | |
![]() I ICICI Prudential Life Insurance | 1.43% | |
![]() P Piramal Finance | 1.43% | |
![]() P Pine Labs | 1.36% | |
![]() P Power Finance Corporation | 1.35% | |
![]() I ICICI Lombard General Insurance | 1.32% | |
![]() H HDFC Life Insurance | 1.30% | |
![]() A Aptus Value Housing Finance | 1.05% | |
![]() O One 97 Communications | 1.02% | |
![]() T Triparty Repo | 0.95% | |
![]() N Net Current Assets | 0.88% | |
![]() A Aavas Financiers | 0.72% | |
![]() P Poonawalla Fincorp | 0.68% | |
![]() S Sundaram Finance | 0.60% | |
![]() H HDB Financial Services | 0.52% | |
![]() S Seshaasai Technologies | 0.38% | |
![]() C Cash Margin - Ccil | 0.00% | |
![]() F Federal Bank | 0.00% |
Fund Comparison
Fund Details
52W High NAV
-
Min. SIP Amount
₹ 100.00
Min. Lumpsum Amount
₹ 5,000.00
AUM (in Cr.)
₹ 7,366.72
Expense Ratio
1.07%
Lock-in Period
No Lock in Period
52W Low NAV
-
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 |
| Bhavik Dave | NA |
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
70
Total AUM
₹ 5,37,300.17 Cr
Contact Details
4th Floor, Tower A, Peninsula Busines-s Park, Ganapatrao Kadam MargLower Parel (W), Mumbai - 400013.
Contact Details
4th Floor, Tower A, Peninsula Busines-s Park, Ganapatrao Kadam MargLower Parel (W), Mumbai - 400013.
FAQs
When was Nippon India Banking & Financial Services Fund launched?
What is the current NAV of Nippon India Banking & Financial Services Fund?
What is the AUM of Nippon India Banking & Financial Services Fund?
What is the rate of return of Nippon India Banking & Financial Services Fund?
- In the past 1Y: -8.11%
- In the past 3Y: 9.87%
- In the past 5Y: 10.82%
What is the expense ratio of Nippon India Banking & Financial Services Fund?
What is exit load of Nippon India Banking & Financial Services Fund?
What is the portfolio of Nippon India Banking & Financial Services Fund?
- ICICI Bank: 12.73%
- HDFC Bank: 12.63%
- Axis Bank: 9.35%
- State Bank of India: 5.40%
- Kotak Bank: 3.55%
Top 3 sectoral holdings include:
- Financial Services: 93.81%
- Technology: 4.36%
- Others: 1.83%
How risky is investing in Nippon India Banking & Financial Services Fund?
Who is the fund manager Nippon India Banking & Financial Services Fund?
What is the minimum investment required in Nippon India Banking & Financial Services Fund?
How to invest in Nippon India Banking & Financial Services Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.

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