Nippon India Banking & Financial Services Fund Datagrid
Category Banking and Financial Fund
BMSMONEY Rank 4
Rating
Growth Option 28-04-2026
NAV ₹629.66(R) -0.89% ₹692.67(D) -0.89%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 2.49% 15.97% 16.42% 12.08% 14.38%
Direct 3.38% 16.93% 17.37% 12.95% 15.28%
Nifty Financial Services TRI -0.37% 11.73% 11.06% 11.81% 15.39%
SIP (XIRR) Regular -% -% -% -% -%
Direct 0.7% 8.54% 13.84% 16.54% 14.49%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.5 0.23 0.54 3.41% -0.45
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
14.69% -13.13% -15.14% 0.96 11.57%
Fund AUM As on: 30/12/2025 7628 Cr
Top Banking and Financial Fund
Fund Name Rank Rating
Invesco India Financial Services Fund 1
Sbi Banking & Financial Services Fund 2
Mirae Asset Banking and Financial Services Fund 3
Nippon India Banking & Financial Services Fund 4

NAV Date: 28-04-2026

Scheme Name NAV Rupee Change Percent Change
Nippon India Banking & Financial Services Fund - IDCW Option 66.76
-0.6000
-0.8900%
Nippon India Banking & Financial Services Fund- DIRECT Plan - IDCW Option 100.61
-0.9100
-0.8900%
Nippon India Banking & Financial Services Fund-Growth Plan-Growth Option 629.66
-5.6800
-0.8900%
Nippon India Banking & Financial Services Fund-Growth Plan-Bonus Option 629.66
-5.6800
-0.8900%
Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Bonus Option 692.67
-6.2400
-0.8900%
Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Growth Option 692.67
-6.2400
-0.8900%

Review Date: 28-04-2026

Beginning of Analysis

Nippon India Banking & Financial Services Fund is the third ranked fund in the Banking and Financial Services Fund category. The category has total 14 funds. The 5 star rating shows an excellent past performance of the Nippon India Banking & Financial Services Fund in Banking and Financial Services Fund. The fund has a Jensen Alpha of 3.41% which is higher than the category average of 2.24%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 0.5 which is higher than the category average of 0.42.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Banking and Financial Services Mutual Funds are ideal for aggressive investors seeking high returns by investing in the banking and financial services sector. These funds offer targeted exposure to banks, NBFCs, insurance companies, and other financial institutions, allowing investors to capitalize on the growth potential of this sector. However, they carry higher risks due to their concentrated exposure and are heavily dependent on the performance of the BFSI sector and macroeconomic factors. Investors should have a long-term investment horizon, a high risk tolerance, and a good understanding of the banking and financial services sector before investing in these funds. Additionally, monitoring economic trends and regulatory changes is crucial for success.

Nippon India Banking & Financial Services Fund Return Analysis

The Nippon India Banking & Financial Services Fund has delivered a mixed performance across various time horizons, showcasing both strengths and challenges when compared to its Banking and Financial Services Fund peers and the Nifty Financial Services TRI benchmark. This analysis examines the fund’s returns over periods ranging from one month to ten years, alongside its Systematic Investment Plan (SIP) performance, highlighting its rankings within the Banking and Financial Services Fund category and its ability to outperform or underperform the benchmark and category averages.

  • The fund has given a return of 11.7%, -3.9 and -3.22 in last one, three and six months respectively. In the same period the category average return was 11.61%, -3.24% and -2.26% respectively.
  • Nippon India Banking & Financial Services Fund has given a return of 3.38% in last one year. In the same period the Nifty Financial Services TRI return was -0.37%. The fund has given 3.75% more return than the benchmark return.
  • The fund has given a return of 16.93% in last three years and rank 5th out of fifteen funds in the category. In the same period the Nifty Financial Services TRI return was 11.73%. The fund has given 5.2% more return than the benchmark return.
  • Nippon India Banking & Financial Services Fund has given a return of 17.37% in last five years and category average returns is 14.37% in same period. The fund ranked 1st out of twelve funds in the category. In the same period the Nifty Financial Services TRI return was 11.06%. The fund has given 6.31% more return than the benchmark return.
  • The fund has given a return of 15.28% in last ten years and ranked 5th out of eleven funds in the category. In the same period the Nifty Financial Services TRI return was 15.39%. The fund has given 0.11% less return than the benchmark return.
  • The fund has given a SIP return of 0.7% in last one year whereas category average SIP return is 2.96%. The fund one year return rank in the category is 14th in 22 funds
  • The fund has SIP return of 8.54% in last three years and ranks 9th in 15 funds. Invesco India Financial Services Fund has given the highest SIP return (12.68%) in the category in last three years.
  • The fund has SIP return of 13.84% in last five years whereas category average SIP return is 12.9%.

Nippon India Banking & Financial Services Fund Risk Analysis

  • The fund has a standard deviation of 14.69 and semi deviation of 11.57. The category average standard deviation is 14.92 and semi deviation is 11.46.
  • The fund has a Value at Risk (VaR) of -13.13 and a maximum drawdown of -15.14. The category average VaR is -13.12 and the maximum drawdown is -14.99. The fund has a beta of 0.92 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Banking and Financial Services Fund Category
  • Good Performance in Banking and Financial Services Fund Category
  • Poor Performance in Banking and Financial Services Fund Category
  • Very Poor Performance in Banking and Financial Services Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Nifty Financial Services TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 11.63 10.28
    11.49
    		9.46 | 14.61 11 | 24 Good
    3M Return % -4.10 -5.04
    -3.57
    		-5.85 | 1.21 12 | 24 Good
    6M Return % -3.64 -5.42
    -2.93
    		-7.41 | 1.98 15 | 23 Average
    1Y Return % 2.49 -0.37
    4.92
    		-1.59 | 20.47 14 | 22 Average
    3Y Return % 15.97 11.73
    14.47
    		10.37 | 19.55 4 | 15 Very Good
    5Y Return % 16.42 11.06
    13.05
    		10.64 | 16.42 1 | 12 Very Good
    7Y Return % 12.08 11.81
    11.63
    		9.38 | 14.29 5 | 11 Good
    10Y Return % 14.38 15.39
    13.75
    		9.65 | 16.27 5 | 11 Good
    15Y Return % 12.40 13.20
    12.16
    		9.96 | 13.54 3 | 5 Good
    Standard Deviation 14.69
    14.92
    		13.88 | 15.74 5 | 15 Good
    Semi Deviation 11.57
    11.46
    		10.64 | 12.25 10 | 15 Average
    Max Drawdown % -15.14
    -14.99
    		-16.49 | -13.19 9 | 15 Average
    VaR 1 Y % -13.13
    -13.12
    		-16.76 | -10.85 9 | 15 Average
    Average Drawdown % -5.56
    -5.50
    		-6.80 | -4.35 9 | 15 Average
    Sharpe Ratio 0.50
    0.42
    		0.15 | 0.73 3 | 15 Very Good
    Sterling Ratio 0.54
    0.50
    		0.33 | 0.73 4 | 15 Very Good
    Sortino Ratio 0.23
    0.20
    		0.09 | 0.33 4 | 15 Very Good
    Jensen Alpha % 3.41
    2.24
    		-1.92 | 7.31 4 | 15 Very Good
    Treynor Ratio -0.45
    -0.46
    		-0.51 | -0.43 5 | 15 Good
    Modigliani Square Measure % 13.71
    12.37
    		8.23 | 17.32 3 | 15 Very Good
    Alpha % 4.96
    3.49
    		-0.59 | 8.61 3 | 15 Very Good
    Return data last Updated On : April 28, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Nifty Financial Services TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 11.70 10.28 11.61 9.54 | 14.75 13 | 24 Average
    3M Return % -3.90 -5.04 -3.24 -5.67 | 1.60 12 | 24 Good
    6M Return % -3.22 -5.42 -2.26 -7.05 | 2.74 15 | 23 Average
    1Y Return % 3.38 -0.37 6.34 -0.80 | 22.38 16 | 22 Average
    3Y Return % 16.93 11.73 15.89 11.66 | 21.13 5 | 15 Good
    5Y Return % 17.37 11.06 14.37 11.84 | 17.37 1 | 12 Very Good
    7Y Return % 12.95 11.81 12.86 10.53 | 15.78 5 | 11 Good
    10Y Return % 15.28 15.39 15.02 11.04 | 17.59 5 | 11 Good
    1Y SIP Return % 0.70 2.96 -5.88 | 14.06 14 | 22 Average
    3Y SIP Return % 8.54 8.57 5.28 | 12.68 9 | 15 Average
    5Y SIP Return % 13.84 12.90 10.08 | 16.64 5 | 12 Good
    7Y SIP Return % 16.54 14.66 12.07 | 17.58 3 | 11 Very Good
    10Y SIP Return % 14.49 13.70 10.68 | 16.37 5 | 11 Good
    Standard Deviation 14.69 14.92 13.88 | 15.74 5 | 15 Good
    Semi Deviation 11.57 11.46 10.64 | 12.25 10 | 15 Average
    Max Drawdown % -15.14 -14.99 -16.49 | -13.19 9 | 15 Average
    VaR 1 Y % -13.13 -13.12 -16.76 | -10.85 9 | 15 Average
    Average Drawdown % -5.56 -5.50 -6.80 | -4.35 9 | 15 Average
    Sharpe Ratio 0.50 0.42 0.15 | 0.73 3 | 15 Very Good
    Sterling Ratio 0.54 0.50 0.33 | 0.73 4 | 15 Very Good
    Sortino Ratio 0.23 0.20 0.09 | 0.33 4 | 15 Very Good
    Jensen Alpha % 3.41 2.24 -1.92 | 7.31 4 | 15 Very Good
    Treynor Ratio -0.45 -0.46 -0.51 | -0.43 5 | 15 Good
    Modigliani Square Measure % 13.71 12.37 8.23 | 17.32 3 | 15 Very Good
    Alpha % 4.96 3.49 -0.59 | 8.61 3 | 15 Very Good
    Return data last Updated On : April 28, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

    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.


    Date Nippon India Banking & Financial Services Fund NAV Regular Growth Nippon India Banking & Financial Services Fund NAV Direct Growth
    28-04-2026 629.6582 692.6742
    27-04-2026 635.3423 698.9118
    24-04-2026 632.5307 695.7725
    23-04-2026 638.0726 701.853
    22-04-2026 645.5222 710.0314
    21-04-2026 648.4003 713.1813
    20-04-2026 640.0175 703.9453
    17-04-2026 640.6118 704.552
    16-04-2026 634.2765 697.5689
    15-04-2026 633.9208 697.1622
    13-04-2026 624.4558 686.7225
    10-04-2026 626.0952 688.4767
    09-04-2026 613.6957 674.8258
    08-04-2026 619.8864 681.6171
    07-04-2026 587.3992 645.8794
    06-04-2026 585.8831 644.1972
    02-04-2026 574.4373 631.556
    01-04-2026 574.3279 631.4217
    30-03-2026 564.0627 620.1074

    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.