Nippon India Banking & Financial Services Fund Overview
Category Banking and Financial Fund
BMSMONEY Rank 3
BMSMONEY Rating
Gro. Opt. As On: 26-07-2024
NAV ₹566.84(R) +0.91% ₹614.42(D) +0.91%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 23.88% 18.63% 15.64% 11.81% 14.31%
LumpSum (D) 24.87% 19.58% 16.53% 12.67% 15.16%
SIP (R) 29.39% 23.65% 22.8% 17.51% 15.58%
SIP (D) 30.42% 24.63% 23.74% 18.36% 16.42%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.89 0.49 0.99 8.07% 0.16
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
16.05% -19.73% -12.63% 0.91 10.88%
Top Banking and Financial Fund
Fund Name Rank Rating
Sundaram Financial Services Fund 1
Invesco India Financial Services Fund 2
Nippon India Banking & Financial Services Fund 3

NAV Date: 26-07-2024

Scheme Name NAV Rupee Change Percent Change
Nippon India Banking & Financial Services Fund - IDCW Option 70.5
0.6400
0.9100%
Nippon India Banking & Financial Services Fund- DIRECT Plan - IDCW Option 103.24
0.9300
0.9100%
Nippon India Banking & Financial Services Fund-Growth Plan-Growth Option 566.84
5.1200
0.9100%
Nippon India Banking & Financial Services Fund-Growth Plan-Bonus Option 566.84
5.1200
0.9100%
Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Bonus Option 614.42
5.5600
0.9100%
Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Growth Option 614.42
5.5600
0.9100%

Review Date: 26-07-2024

Nippon India Banking & Financial Services Fund has exhibited good performance in the Banking and Financial Services Fund category. The fund has rank of 3 out of 12 funds in the category. The fund has delivered return of 23.88% in 1 year, 18.63% in 3 years, 15.64% in 5 years and 14.31% in 10 years. The category average for the same periods is 21.97%, 16.22%, 14.7% and 14.02% respectively, which shows good return performance of fund in the category. The fund has exhibited standard deviation of 16.05, VaR of -19.73, Average Drawdown of -4.28, Semi Deviation of 10.88 and Max Drawdown of -12.63. The category average for the same parameters is 15.4, -19.21, -5.58, 10.53 and -16.3 respectively. The fund has average risk in the category.

Key Points:

  1. An investment of ₹10,000 in Nippon India Banking & Financial Services Fund direct growth option would have grown to ₹12487.0 in 1 year, ₹17099.0 in 3 years and ₹21484.0 in 5 years as of today (26-07-2024).
  2. An SIP of ₹1,000 per month in Nippon India Banking & Financial Services Fund direct growth option would have grown to ₹13890.0 in 1 year, ₹51459.0 in 3 years and ₹108054.0 in 5 years as of today (26-07-2024).
  3. standard deviation of 16.05 and based on VaR one can expect to lose more than -19.73% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.89 which shows very good performance of fund in the banking and financial services fund category.
  5. The fund has R-square of 0.86, Beta of 0.91 and Jensen's Alpha of 8.07% which exhibit very good performance in the banking and financial services fund category .


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.50
-0.46
-2.23 | 1.26 3 | 14 Very Good
3M Return % 6.78
5.74
3.04 | 8.87 4 | 14 Very Good
6M Return % 14.41
12.70
9.29 | 16.45 5 | 14 Good
1Y Return % 23.88
21.97
12.81 | 34.38 4 | 14 Very Good
3Y Return % 18.63
16.22
13.65 | 20.35 2 | 13 Very Good
5Y Return % 15.64
14.70
12.25 | 18.25 4 | 11 Good
7Y Return % 11.81
11.43
7.39 | 14.23 6 | 11 Good
10Y Return % 14.31
14.02
11.75 | 15.96 5 | 8 Average
15Y Return % 15.90
15.14
12.82 | 16.50 3 | 5 Good
1Y SIP Return % 29.39
28.10
18.58 | 38.80 6 | 14 Good
3Y SIP Return % 23.65
21.57
17.84 | 26.36 3 | 13 Very Good
5Y SIP Return % 22.80
19.25
16.40 | 22.83 2 | 11 Very Good
7Y SIP Return % 17.51
15.78
13.07 | 19.10 3 | 11 Very Good
10Y SIP Return % 15.58
14.73
12.38 | 16.81 3 | 8 Good
15Y SIP Return % 15.16
14.78
12.15 | 15.90 3 | 5 Good
Standard Deviation 16.05
15.40
14.78 | 16.05 12 | 12 Poor
Semi Deviation 10.88
10.53
10.10 | 10.88 11 | 12 Poor
Max Drawdown % -12.63
-16.30
-18.28 | -12.63 1 | 12 Very Good
VaR 1 Y % -19.73
-19.21
-21.63 | -17.01 8 | 12 Average
Average Drawdown % -4.28
-5.58
-6.64 | -4.28 1 | 12 Very Good
Sharpe Ratio 0.89
0.63
0.49 | 0.89 1 | 12 Very Good
Sterling Ratio 0.99
0.67
0.58 | 0.99 1 | 12 Very Good
Sortino Ratio 0.49
0.34
0.27 | 0.49 1 | 12 Very Good
Jensen Alpha % 8.07
5.43
2.78 | 9.58 3 | 12 Very Good
Treynor Ratio 0.16
0.11
0.08 | 0.16 1 | 12 Very Good
Modigliani Square Measure % 22.89
18.06
15.59 | 22.89 1 | 12 Very Good
Alpha % 6.72
4.23
1.47 | 8.43 3 | 12 Very Good
Return data last Updated On : July 26, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : April 30, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.56 -0.36 -2.12 | 1.34 3 | 14
3M Return % 6.99 6.05 3.24 | 9.09 5 | 14
6M Return % 14.86 13.38 10.11 | 17.21 5 | 14
1Y Return % 24.87 23.45 14.36 | 36.15 4 | 14
3Y Return % 19.58 17.62 14.61 | 22.12 2 | 13
5Y Return % 16.53 15.95 13.43 | 19.81 5 | 11
7Y Return % 12.67 12.66 8.74 | 15.57 6 | 11
10Y Return % 15.16 15.20 12.94 | 17.74 5 | 8
1Y SIP Return % 30.42 29.66 20.27 | 40.63 6 | 14
3Y SIP Return % 24.63 22.97 19.37 | 28.15 3 | 13
5Y SIP Return % 23.74 20.54 17.72 | 24.52 2 | 11
7Y SIP Return % 18.36 17.00 14.40 | 20.58 3 | 11
10Y SIP Return % 16.42 15.87 13.54 | 18.21 3 | 8
Standard Deviation 16.05 15.40 14.78 | 16.05 12 | 12
Semi Deviation 10.88 10.53 10.10 | 10.88 11 | 12
Max Drawdown % -12.63 -16.30 -18.28 | -12.63 1 | 12
VaR 1 Y % -19.73 -19.21 -21.63 | -17.01 8 | 12
Average Drawdown % -4.28 -5.58 -6.64 | -4.28 1 | 12
Sharpe Ratio 0.89 0.63 0.49 | 0.89 1 | 12
Sterling Ratio 0.99 0.67 0.58 | 0.99 1 | 12
Sortino Ratio 0.49 0.34 0.27 | 0.49 1 | 12
Jensen Alpha % 8.07 5.43 2.78 | 9.58 3 | 12
Treynor Ratio 0.16 0.11 0.08 | 0.16 1 | 12
Modigliani Square Measure % 22.89 18.06 15.59 | 22.89 1 | 12
Alpha % 6.72 4.23 1.47 | 8.43 3 | 12
Return data last Updated On : July 26, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : April 30, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.91 ₹ 10,091.00 0.91 ₹ 10,091.00
1W -0.17 ₹ 9,983.00 -0.16 ₹ 9,984.00
1M 0.50 ₹ 10,050.00 0.56 ₹ 10,056.00
3M 6.78 ₹ 10,678.00 6.99 ₹ 10,699.00
6M 14.41 ₹ 11,441.00 14.86 ₹ 11,486.00
1Y 23.88 ₹ 12,388.00 24.87 ₹ 12,487.00
3Y 18.63 ₹ 16,694.00 19.58 ₹ 17,099.00
5Y 15.64 ₹ 20,681.00 16.53 ₹ 21,484.00
7Y 11.81 ₹ 21,844.00 12.67 ₹ 23,043.00
10Y 14.31 ₹ 38,079.00 15.16 ₹ 41,038.00
15Y 15.90 ₹ 91,472.00 ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 29.39 ₹ 13,828.32 30.42 ₹ 13,890.35
3Y ₹ 36000 23.65 ₹ 50,771.41 24.63 ₹ 51,458.69
5Y ₹ 60000 22.80 ₹ 105,613.08 23.74 ₹ 108,054.30
7Y ₹ 84000 17.51 ₹ 156,805.40 18.36 ₹ 161,639.44
10Y ₹ 120000 15.58 ₹ 271,387.44 16.42 ₹ 283,996.68
15Y ₹ 180000 15.16 ₹ 625,232.88 ₹


Date NAV Regular Growth NAV Direct Growth
26-07-2024 566.8438 614.4212
25-07-2024 561.7254 608.8599
24-07-2024 564.0017 611.3139
23-07-2024 563.3343 610.5771
22-07-2024 567.7921 615.3953
19-07-2024 567.3957 614.9252
18-07-2024 573.9907 622.0589
16-07-2024 571.611 619.4527
15-07-2024 571.7128 619.5494
12-07-2024 568.8706 616.429
11-07-2024 568.8144 616.3545
10-07-2024 568.0012 615.4599
09-07-2024 568.2431 615.7085
08-07-2024 567.0892 614.4447
05-07-2024 568.2225 615.6321
04-07-2024 570.8514 618.4668
03-07-2024 571.5951 619.2591
02-07-2024 563.8512 610.856
01-07-2024 568.3699 615.7393
28-06-2024 562.2459 609.0648
27-06-2024 563.7819 610.7153
26-06-2024 564.0308 610.9714

Fund Launch Date: 08/May/2003
Fund Category: Banking and Financial Fund
Investment Objective: Nippon India Banking Fund is a focused banking and financial services sectororiented fund investing across market caps within the sector. The fund is welldiversified across sub segments like Private Banks, PSUs, NBFCs, Housing FinCo ™s, Broking houses, etc. The fund endeavors to generate superior alphathrough active fund management. The alpha generation is attempted throughtactical allocation across various sub segments and differentiated investmentideas. The fund thus attempts to lower risk through diversification whileretaining the alpha creation potential.
Fund Description: An open ended equity scheme investing in Banking sector
Fund Benchmark: Nifty Bank Total Return Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.