Nippon India Banking & Financial Services Fund Overview
Category Banking and Financial Fund
BMSMONEY Rank 2
BMSMONEY Rating
Growth Option As On: 25-04-2024
NAV ₹525.63 (R) +0.67% ₹568.6 (D) +0.67%
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 30.84% 22.82% 13.15% 12.28% 15.6%
LumpSum Dir. P 31.87% 23.8% 14.0% 13.14% 16.47%
SIP Reg. P 27.01% 21.43% 21.63% 16.53% 14.96%
SIP Dir. P 28.03% 22.4% 22.56% 17.37% 15.8%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.73 0.41 0.89 8.77% 0.13
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
16.01% -19.73% -12.63% 0.91 10.71%

NAV Date: 25-04-2024

Scheme Name NAV Rupee Change Percent Change
Nippon India Banking & Financial Services Fund - IDCW Option 65.38
0.4300
0.6700%
Nippon India Banking & Financial Services Fund- DIRECT Plan - IDCW Option 95.54
0.6400
0.6700%
Nippon India Banking & Financial Services Fund-Growth Plan-Growth Option 525.63
3.4900
0.6700%
Nippon India Banking & Financial Services Fund-Growth Plan-Bonus Option 525.63
3.4900
0.6700%
Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Bonus Option 568.6
3.7900
0.6700%
Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Growth Option 568.6
3.7900
0.6700%

Review Date: March 28, 2024

The fund has historical rank of seventh in Banking and Financial Services Fund category. Additionally, the fund has 14 performance parameters that are in the top quartile in the category and three parameters above average and below the top quartile.
Our ranking method uses a composite performance score to rank funds in a category. The score incorporates the fund's return, risk, and risk adjusted performance of the last three years.

The Nippon India Banking & Financial Services Fund has very good return performance, as all 1 year and above return parameters are above average in Banking and Financial Services Fund category. The details are provided below.'
    '
  1. 1 Month Return%: One month return shows funds performance in very short period of time, the Nippon India Banking & Financial Services Fund has given return of 0.11% in last one month which is good as it is above average in Banking and Financial Services Fund.
  2. 3 Month Return%: Three month return shows funds performance in short period of time, the Nippon India Banking & Financial Services Fund has given return of 0.37% in last three month which is good as it is above average in Banking and Financial Services Fund.
  3. 1 Year Return%: The Nippon India Banking & Financial Services Fund has given return of 36.04% in last one year which is very good as it is in the top quartile in Banking and Financial Services Fund. The one year return rank of Nippon India Banking & Financial Services Fund is 3 in 14 funds. The investment of ₹ 10,000 in this fund would have become ₹ 13604.0 in one year.
  4. 3 Year Return%: The Nippon India Banking & Financial Services Fund has given return of 20.7% in last three year which is very good as it is in the top quartile with return rank of 1 in 12 funds. in Banking and Financial Services Fund.
  5. 5 Year Return%: The Nippon India Banking & Financial Services Fund has given return of 12.4% in last five year which is good as it is above average with return rank of 5 in 11 funds. in Banking and Financial Services Fund.
  6. 1 Year SIP Return%: The Nippon India Banking & Financial Services Fund has given return of 7.74% in last one year which is very good as it is in the top quartile with return rank of 4 in 14 funds. in Banking and Financial Services Fund.
  7. 3 Year SIP Return%: The Nippon India Banking & Financial Services Fund has given return of 18.71% in last three year which is very good as it is in the top quartile with return rank of 3 in 12 funds. in Banking and Financial Services Fund.
  8. 5 Year SIP Return%: The Nippon India Banking & Financial Services Fund has given return of 20.13% in last five year which is very good as it is in the top quartile with return rank of 2 in 11 funds. in Banking and Financial Services Fund.
    9. '
'

The Nippon India Banking & Financial Services Fund has average risk performance, as more than 25% risk parameters are above average Banking and Financial Services Fund category. The details are provided below. '
    '
  1. Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The Nippon India Banking & Financial Services Fund has standard deviation of 16.01 which is very poor as it is in the fourth quartile with risk rank of 12 in 12 funds. in Banking and Financial Services Fund.
  2. Semi Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. It uses only negative returns for calculation. The Nippon India Banking & Financial Services Fund has semi deviation of 10.71 which is very poor as it is in the fourth quartile with risk rank of 12 in 12 funds. in Banking and Financial Services Fund.
  3. Max Drawdown %: It is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The Nippon India Banking & Financial Services Fund has max drawdown of -12.63% which is very good as it is in the top quartile with risk rank of 1 in 12 funds. in Banking and Financial Services Fund.
  4. 1Y VaR at 95%: It is the maximum expected loss of an investment over a given time period with a given probability of confidence. The Nippon India Banking & Financial Services Fund has 1Y VaR at 95% of -19.73% which is poor as it is in the below average with risk rank of 8 in 12 funds. in Banking and Financial Services Fund.
  5. Average Drawdown %: It is the average of the drawdowns over a period of time. The Nippon India Banking & Financial Services Fund has average drawdown of -3.89% which is very good as it is in the top quartile with risk rank of 1 in 12 funds. in Banking and Financial Services Fund.
    6. '
'

The Nippon India Banking & Financial Services Fund has poor risk adjusted performance, as non of above risk adjusted paramerters are above average in Banking and Financial Services Fund category. The details are provided below. '
    '
  1. Sterling Ratio: It is a measure of risk-adjusted return. The Nippon India Banking & Financial Services Fund has Sterling Ratio of 0.89 which is very good as it is in the top quartile with risk rank of 1 in 12 funds. in Banking and Financial Services Fund.
  2. Sortino Ratio: It is a measure of risk-adjusted return. The Nippon India Banking & Financial Services Fund has Sortino Ratio of 0.41 which is very good as it is in the top quartile with risk rank of 1 in 12 funds. in Banking and Financial Services Fund.
  3. Jensen Alpha %: It is a measure of risk-adjusted return. The Nippon India Banking & Financial Services Fund has Jensen Alpha of 8.77% which is very good as it is in the top quartile with risk rank of 1 in 12 funds. in Banking and Financial Services Fund.
  4. Treynor Ratio: It is a measure of risk-adjusted return. The Nippon India Banking & Financial Services Fund has Treynor Ratio of 0.13 which is very good as it is in the top quartile with risk rank of 1 in 12 funds. in Banking and Financial Services Fund.
  5. Modigliani Square Measure %: It is a measure of risk-adjusted return. The Nippon India Banking & Financial Services Fund has Modigliani Square Measure of 20.39% which is very good as it is in the top quartile with risk rank of 1 in 12 funds. in Banking and Financial Services Fund.
  6. Alpha %: It is a measure of risk-adjusted return. The Nippon India Banking & Financial Services Fund has Alpha of 7.73% which is very good as it is in the top quartile with risk rank of 1 in 12 funds. in Banking and Financial Services Fund.
    7. '
'


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 4.09
5.30
3.74 | 6.87 12 | 14
No
No
Yes
3M Return % 6.09
5.36
2.13 | 8.56 4 | 14
Yes
Yes
No
6M Return % 17.22
18.17
12.08 | 24.79 8 | 14
No
No
No
1Y Return % 30.84
27.71
20.33 | 38.85 3 | 14
Yes
Yes
No
3Y Return % 22.82
17.45
14.99 | 22.82 1 | 12
Yes
Yes
No
5Y Return % 13.15
12.89
9.48 | 17.19 6 | 11
Yes
No
No
7Y Return % 12.28
11.90
7.27 | 14.40 6 | 11
Yes
No
No
10Y Return % 15.60
15.09
12.67 | 16.87 5 | 8
Yes
No
No
15Y Return % 17.95
17.18
14.73 | 18.54 3 | 5
Yes
No
No
1Y SIP Return % 27.01
26.66
17.53 | 41.10 6 | 14
Yes
No
No
3Y SIP Return % 21.43
19.18
15.42 | 24.19 3 | 12
Yes
Yes
No
5Y SIP Return % 21.63
18.41
16.02 | 22.18 2 | 11
Yes
Yes
No
7Y SIP Return % 16.53
15.00
12.42 | 18.30 3 | 11
Yes
Yes
No
10Y SIP Return % 14.96
14.26
11.73 | 16.25 3 | 8
Yes
No
No
15Y SIP Return % 14.96
14.53
11.90 | 15.76 3 | 5
Yes
No
No
Standard Deviation 16.01
15.26
14.81 | 16.01 12 | 12
No
No
Yes
Semi Deviation 10.71
10.27
9.86 | 10.71 12 | 12
No
No
Yes
Max Drawdown % -12.63
-16.30
-18.28 | -12.63 1 | 12
Yes
Yes
No
VaR 1 Y % -19.73
-19.21
-21.63 | -17.01 8 | 12
No
No
No
Average Drawdown % -3.89
-5.01
-5.91 | -3.89 1 | 12
Yes
Yes
No
Sharpe Ratio 0.73
0.43
0.23 | 0.73 1 | 12
Yes
Yes
No
Sterling Ratio 0.89
0.56
0.43 | 0.89 1 | 12
Yes
Yes
No
Sortino Ratio 0.41
0.24
0.14 | 0.41 1 | 12
Yes
Yes
No
Jensen Alpha % 8.77
4.70
1.48 | 8.77 1 | 12
Yes
Yes
No
Treynor Ratio 0.13
0.07
0.04 | 0.13 1 | 12
Yes
Yes
No
Modigliani Square Measure % 20.39
15.01
11.38 | 20.39 1 | 12
Yes
Yes
No
Alpha % 7.73
3.68
0.81 | 7.73 1 | 12
Yes
Yes
No
Return data last Updated On : April 25, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 4.16 5.40 3.81 | 6.99 12 | 14
No
No
Yes
3M Return % 6.30 5.67 2.39 | 8.91 4 | 14
Yes
Yes
No
6M Return % 17.69 18.88 12.90 | 25.62 9 | 14
No
No
No
1Y Return % 31.87 29.26 22.63 | 40.69 4 | 14
Yes
Yes
No
3Y Return % 23.80 18.83 16.13 | 23.80 1 | 12
Yes
Yes
No
5Y Return % 14.00 14.12 10.64 | 18.70 6 | 11
No
No
No
7Y Return % 13.14 13.14 8.63 | 16.03 6 | 11
No
No
No
10Y Return % 16.47 16.27 13.86 | 18.65 5 | 8
Yes
No
No
1Y SIP Return % 28.03 28.20 19.16 | 42.97 6 | 14
No
No
No
3Y SIP Return % 22.40 20.54 16.36 | 25.96 3 | 12
Yes
Yes
No
5Y SIP Return % 22.56 19.70 17.46 | 23.87 2 | 11
Yes
Yes
No
7Y SIP Return % 17.37 16.21 13.73 | 19.76 3 | 11
Yes
Yes
No
10Y SIP Return % 15.80 15.39 12.89 | 17.75 3 | 8
Yes
No
No
Standard Deviation 16.01 15.26 14.81 | 16.01 12 | 12
No
No
Yes
Semi Deviation 10.71 10.27 9.86 | 10.71 12 | 12
No
No
Yes
Max Drawdown % -12.63 -16.30 -18.28 | -12.63 1 | 12
Yes
Yes
No
VaR 1 Y % -19.73 -19.21 -21.63 | -17.01 8 | 12
No
No
No
Average Drawdown % -3.89 -5.01 -5.91 | -3.89 1 | 12
Yes
Yes
No
Sharpe Ratio 0.73 0.43 0.23 | 0.73 1 | 12
Yes
Yes
No
Sterling Ratio 0.89 0.56 0.43 | 0.89 1 | 12
Yes
Yes
No
Sortino Ratio 0.41 0.24 0.14 | 0.41 1 | 12
Yes
Yes
No
Jensen Alpha % 8.77 4.70 1.48 | 8.77 1 | 12
Yes
Yes
No
Treynor Ratio 0.13 0.07 0.04 | 0.13 1 | 12
Yes
Yes
No
Modigliani Square Measure % 20.39 15.01 11.38 | 20.39 1 | 12
Yes
Yes
No
Alpha % 7.73 3.68 0.81 | 7.73 1 | 12
Yes
Yes
No
Return data last Updated On : April 25, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.67 ₹ 10067.0 0.67 ₹ 10067.0
1W 2.3 ₹ 10230.0 2.31 ₹ 10231.0
1M 4.09 ₹ 10409.0 4.16 ₹ 10416.0
3M 6.09 ₹ 10609.0 6.3 ₹ 10630.0
6M 17.22 ₹ 11722.0 17.69 ₹ 11769.0
1Y 30.84 ₹ 13084.0 31.87 ₹ 13187.0
3Y 22.82 ₹ 18528.0 23.8 ₹ 18974.0
5Y 13.15 ₹ 18545.0 14.0 ₹ 19256.0
7Y 12.28 ₹ 22493.0 13.14 ₹ 23734.0
10Y 15.6 ₹ 42615.0 16.47 ₹ 45938.0
15Y 17.95 ₹ 119036.0 - ₹ -

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 27.0082 ₹ 13690.848 28.0297 ₹ 13752.588
3Y ₹ 36000 21.4324 ₹ 49252.824 22.398 ₹ 49916.232
5Y ₹ 60000 21.6261 ₹ 102685.98 22.5614 ₹ 105034.2
7Y ₹ 84000 16.5283 ₹ 151425.036 17.3721 ₹ 156050.412
10Y ₹ 120000 14.9614 ₹ 262567.2 15.8023 ₹ 274699.56
15Y ₹ 180000 14.9579 ₹ 614566.08 - ₹ -


Date NAV Regular Growth NAV Direct Growth
25-04-2024 525.6331 568.5991
24-04-2024 522.1455 564.8139
23-04-2024 521.6023 564.2137
22-04-2024 519.5147 561.9431
19-04-2024 513.8237 555.7503
18-04-2024 510.5447 552.1914
16-04-2024 515.0538 557.0435
15-04-2024 517.0213 559.1593
12-04-2024 525.2275 567.9965
09-04-2024 527.8931 570.8411
08-04-2024 527.0881 569.9595
05-04-2024 525.6004 568.3129
04-04-2024 520.628 562.924
03-04-2024 518.3062 560.401
02-04-2024 516.7954 558.7551
01-04-2024 516.5305 558.4563
28-03-2024 511.6988 553.1812
27-03-2024 507.301 548.414
26-03-2024 504.9811 545.8933
22-03-2024 506.0893 547.0398
21-03-2024 504.0103 544.7798
20-03-2024 498.1506 538.4335
19-03-2024 499.0868 539.4327
18-03-2024 501.7259 542.2724
15-03-2024 503.169 543.7937
14-03-2024 504.5741 545.2995
13-03-2024 503.9147 544.5741
12-03-2024 511.8329 553.1183
11-03-2024 514.666 556.1668
07-03-2024 518.7182 560.4932
06-03-2024 519.064 560.8547
05-03-2024 516.9801 558.5909
04-03-2024 517.5563 559.2015
01-03-2024 515.4849 556.9272
29-02-2024 506.5457 547.2575
28-02-2024 504.852 545.4159
27-02-2024 511.1271 552.1833
26-02-2024 511.2323 552.285
23-02-2024 512.3263 553.4311
22-02-2024 512.8573 553.9927
21-02-2024 512.784 553.9015
20-02-2024 514.0815 555.291
19-02-2024 511.0949 552.0531
16-02-2024 510.2706 551.1271
15-02-2024 506.5739 547.1225
14-02-2024 504.2227 544.5714
13-02-2024 500.8951 540.9659
12-02-2024 496.2376 535.9242
09-02-2024 503.8658 544.1273
08-02-2024 501.1699 541.2043
07-02-2024 506.2939 546.7258
06-02-2024 501.0646 541.0672
05-02-2024 499.4112 539.2701
02-02-2024 501.0532 541.0082
01-02-2024 503.3572 543.4841
31-01-2024 501.7136 541.698
30-01-2024 495.6666 535.1574
29-01-2024 495.4616 534.9245
25-01-2024 489.3035 528.23
24-01-2024 490.619 529.6385
23-01-2024 487.4854 526.2443
19-01-2024 498.6741 538.2755
18-01-2024 495.3553 534.6814
17-01-2024 498.0384 537.5658
16-01-2024 512.8086 553.4962
15-01-2024 515.1901 556.0545
12-01-2024 512.3008 552.8998
11-01-2024 510.666 551.1235
10-01-2024 509.6393 550.0033
09-01-2024 509.359 549.6889
08-01-2024 509.8178 550.1719
05-01-2024 516.9629 557.8461
04-01-2024 514.8432 555.5466
03-01-2024 508.7619 548.9725
02-01-2024 508.4165 548.5879
01-01-2024 511.1474 551.5225
29-12-2023 509.8201 550.0544
28-12-2023 510.62 550.9053
27-12-2023 509.015 549.1617
26-12-2023 503.855 543.5829
22-12-2023 503.6013 543.2618
21-12-2023 505.6835 545.496
20-12-2023 502.2529 541.7835
19-12-2023 511.2049 551.4281
18-12-2023 512.4632 552.7732
15-12-2023 514.0341 554.4315
14-12-2023 511.8387 552.0515
13-12-2023 505.8789 545.6116
12-12-2023 504.9432 544.5904
11-12-2023 503.4326 542.9494
08-12-2023 503.4764 542.9612
07-12-2023 500.8849 540.1547
06-12-2023 500.2148 539.4201
05-12-2023 500.8668 540.1116
04-12-2023 497.1575 536.0999
01-12-2023 484.5867 522.5103
30-11-2023 480.0947 517.6554
29-11-2023 478.7539 516.1984
28-11-2023 471.6647 508.5437
24-11-2023 470.0278 506.7347
23-11-2023 468.5073 505.0843
22-11-2023 468.3944 504.9516
21-11-2023 470.398 507.1005
20-11-2023 468.5447 505.0915
17-11-2023 468.7978 505.3313
16-11-2023 473.7516 510.66
15-11-2023 474.6976 511.6685
13-11-2023 470.0882 506.678
10-11-2023 468.9928 505.4644
09-11-2023 466.5246 502.7931
08-11-2023 465.8469 502.0518
07-11-2023 466.2973 502.5263
06-11-2023 465.1275 501.2546
03-11-2023 462.7624 498.6733
02-11-2023 459.004 494.6123
01-11-2023 455.2248 490.5293
31-10-2023 457.1451 492.5877
30-10-2023 457.4648 492.9214
27-10-2023 454.9049 490.1311
26-10-2023 448.4046 483.1168
25-10-2023 451.7595 486.7207
23-10-2023 455.3249 490.5407
20-10-2023 462.2142 497.9304
19-10-2023 462.3975 498.117
18-10-2023 463.7448 499.5574
17-10-2023 467.7974 503.9118
16-10-2023 465.273 501.1816
13-10-2023 465.1685 501.0363
12-10-2023 468.2364 504.3297
11-10-2023 467.0961 503.0906
10-10-2023 465.1602 500.9947
09-10-2023 459.2707 494.6406
06-10-2023 464.1866 499.9024
05-10-2023 461.9901 497.526
04-10-2023 459.1609 494.4684
03-10-2023 465.4301 501.2088
29-09-2023 464.956 500.6545
27-09-2023 464.7021 500.357
26-09-2023 462.8656 498.3687
25-09-2023 463.6428 499.1946
22-09-2023 463.4256 498.9282
21-09-2023 462.8741 498.3235
20-09-2023 467.8433 503.6622
18-09-2023 472.8499 509.0298
15-09-2023 474.6032 510.8839
14-09-2023 471.7883 507.8428
13-09-2023 470.4425 506.383
12-09-2023 466.3115 501.9255
11-09-2023 471.6576 507.6688
08-09-2023 466.6336 502.2286
07-09-2023 462.2177 497.4649
06-09-2023 457.2942 492.1553
05-09-2023 458.1335 493.048
04-09-2023 459.2666 494.2568
01-09-2023 457.2242 492.0271
31-08-2023 453.146 487.6278
30-08-2023 454.2084 488.7606
29-08-2023 455.3717 490.0017
28-08-2023 454.1715 488.6997
25-08-2023 451.6909 485.9994
24-08-2023 452.9405 487.3334
23-08-2023 452.9546 487.3381
22-08-2023 449.0126 483.0865
21-08-2023 448.1781 482.1782
18-08-2023 446.7349 480.5946
17-08-2023 447.6161 481.5321
16-08-2023 447.5694 481.4715
14-08-2023 449.0907 483.0872
11-08-2023 450.3098 484.3673
10-08-2023 453.7125 488.0169
09-08-2023 455.8768 490.3341
08-08-2023 456.6767 491.1838
07-08-2023 452.1133 486.2651
04-08-2023 451.1343 485.1811
03-08-2023 447.2819 481.0276
02-08-2023 451.5235 485.5787
01-08-2023 458.8167 493.4114
31-07-2023 459.6008 494.2439
28-07-2023 457.5796 492.0389
27-07-2023 458.6023 493.128
26-07-2023 460.7643 495.442
25-07-2023 457.6984 492.1348
24-07-2023 458.1513 492.6113
21-07-2023 456.5322 490.8391
20-07-2023 457.8019 492.1935
19-07-2023 453.9352 488.0258
18-07-2023 451.4244 485.316
17-07-2023 452.9653 486.962
14-07-2023 449.3376 483.0316
13-07-2023 447.2706 480.7995
12-07-2023 448.1457 481.7301
11-07-2023 448.195 481.7729
10-07-2023 447.9923 481.5447
07-07-2023 449.2487 482.8651
06-07-2023 452.6252 486.4842
05-07-2023 450.9187 484.6398
04-07-2023 451.0708 484.7938
03-07-2023 450.4259 484.0911
30-06-2023 446.6857 480.0416
28-06-2023 442.3621 475.3751
27-06-2023 440.1142 472.9495
26-06-2023 433.1735 465.4812
23-06-2023 432.3224 464.5377
22-06-2023 435.3102 467.7383
21-06-2023 437.1609 469.717
20-06-2023 435.5216 467.9458
19-06-2023 433.6373 465.9114
16-06-2023 433.9614 466.2306
15-06-2023 428.3723 460.2162
14-06-2023 432.6066 464.7555
13-06-2023 434.2428 466.5035
12-06-2023 432.2403 464.3424
09-06-2023 431.4974 463.5154
08-06-2023 431.9539 463.996
07-06-2023 434.5126 466.7347
06-06-2023 431.6028 463.5994
05-06-2023 429.9879 461.8551
02-06-2023 427.3918 459.0382
01-06-2023 426.6821 458.2664
31-05-2023 426.8071 458.391
30-05-2023 429.047 460.787
29-05-2023 426.9038 458.4756
26-05-2023 423.6831 454.9883
25-05-2023 420.4432 451.4995
24-05-2023 420.4882 451.5384
23-05-2023 421.3076 452.4087
22-05-2023 420.1314 451.1362
19-05-2023 419.4854 450.4146
18-05-2023 418.4076 449.2478
17-05-2023 418.5359 449.3762
16-05-2023 419.7485 450.6686
15-05-2023 419.4025 450.2877
12-05-2023 415.5247 446.0966
11-05-2023 414.4723 444.9573
10-05-2023 411.5511 441.812
09-05-2023 408.8143 438.8647
08-05-2023 409.3104 439.3881
05-05-2023 403.4926 433.1162
04-05-2023 411.9321 442.1661
03-05-2023 405.8476 435.6258
02-05-2023 406.0956 435.8829
28-04-2023 403.7036 433.2793
27-04-2023 401.7496 431.1732
26-04-2023 401.1674 430.5392
25-04-2023 399.1317 428.3455

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.