Nippon India Banking & Financial Services Fund Datagrid
Category Banking and Financial Fund
BMSMONEY Rank 9
Rating
Growth Option 27-07-2026
NAV ₹640.4(R) +0.84% ₹705.91(D) +0.84%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 2.33% 11.77% 13.53% 12.89% 12.84%
Direct 3.2% 12.7% 14.46% 13.78% 13.73%
Nifty Financial Services TRI -0.93% 9.68% 10.6% 11.55% 13.61%
SIP (XIRR) Regular 1.79% 8.44% 12.75% 15.16% 13.21%
Direct 2.65% 9.37% 13.71% 16.13% 14.1%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.43 0.21 0.51 3.46% 0.07
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
15.25% -13.13% -15.14% 0.97 11.53%
Fund AUM As on: 30/12/2025 7628 Cr
Top Banking and Financial Fund
Fund Name Rank Rating
quant Bfsi Fund 1
Invesco India Financial Services Fund 2
SBI Banking & Financial Services Fund 3
Mirae Asset Banking and Financial Services Fund 4

NAV Date: 27-07-2026

Scheme Name NAV Rupee Change Percent Change
Nippon India Banking & Financial Services Fund - IDCW Option 67.9
0.5600
0.8400%
Nippon India Banking & Financial Services Fund- DIRECT Plan - IDCW Option 102.53
0.8600
0.8400%
Nippon India Banking & Financial Services Fund-Growth Plan-Growth Option 640.4
5.3100
0.8400%
Nippon India Banking & Financial Services Fund-Growth Plan-Bonus Option 640.4
5.3100
0.8400%
Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Bonus Option 705.91
5.9000
0.8400%
Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Growth Option 705.91
5.9000
0.8400%

Review Date: 27-07-2026

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 Nippon India Banking & Financial Services Fund has shown an excellent past performence in Banking and Financial Services Fund.
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 -0.87%, 1.0 and -0.98 in last one, three and six months respectively. In the same period the category average return was -0.13%, 2.77% and 1.44% respectively.
  • Nippon India Banking & Financial Services Fund has given a return of 3.2% in last one year. In the same period the Nifty Financial Services TRI return was -0.93%. The fund has given 4.13% more return than the benchmark return.
  • The fund has given a return of 12.7% in last three years and rank 10th out of sixteen funds in the category. In the same period the Nifty Financial Services TRI return was 9.68%. The fund has given 3.02% more return than the benchmark return.
  • Nippon India Banking & Financial Services Fund has given a return of 14.46% in last five years and category average returns is 13.45% in same period. The fund ranked 4th out of thirteen funds in the category. In the same period the Nifty Financial Services TRI return was 10.6%. The fund has given 3.86% more return than the benchmark return.
  • The fund has given a return of 13.73% 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 13.61%. The fund has given 0.12% more return than the benchmark return.
  • The fund has given a SIP return of 2.65% in last one year whereas category average SIP return is 7.09%. The fund one year return rank in the category is 19th in 23 funds
  • The fund has SIP return of 9.37% in last three years and ranks 12th in 16 funds. quant Bfsi Fund has given the highest SIP return (20.92%) in the category in last three years.
  • The fund has SIP return of 13.71% in last five years whereas category average SIP return is 13.32%.

Nippon India Banking & Financial Services Fund Risk Analysis

  • The fund has a standard deviation of 15.25 and semi deviation of 11.53. The category average standard deviation is 15.84 and semi deviation is 11.7.
  • The fund has a Value at Risk (VaR) of -13.13 and a maximum drawdown of -15.14. The category average VaR is -14.29 and the maximum drawdown is -15.4. 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 % -0.94 -1.66
    -0.23
    		-1.67 | 2.88 18 | 26 Average
    3M Return % 0.80 0.44
    2.42
    		-1.18 | 12.15 22 | 26 Poor
    6M Return % -1.39 -2.80
    0.76
    		-3.80 | 12.22 18 | 24 Average
    1Y Return % 2.33 -0.93
    4.95
    		-2.66 | 18.94 17 | 23 Average
    3Y Return % 11.77 9.68
    12.15
    		6.71 | 24.60 8 | 16 Good
    5Y Return % 13.53 10.60
    12.12
    		9.66 | 14.43 3 | 13 Very Good
    7Y Return % 12.89 11.55
    12.16
    		10.06 | 14.78 4 | 11 Good
    10Y Return % 12.84 13.61
    12.08
    		8.30 | 14.52 5 | 11 Good
    15Y Return % 12.97 13.60
    12.71
    		10.63 | 14.08 3 | 5 Good
    1Y SIP Return % 1.79
    5.66
    		-3.03 | 24.48 18 | 23 Average
    3Y SIP Return % 8.44
    9.42
    		4.58 | 19.02 10 | 16 Average
    5Y SIP Return % 12.75
    11.99
    		8.66 | 15.80 4 | 13 Very Good
    7Y SIP Return % 15.16
    13.11
    		10.42 | 16.00 2 | 11 Very Good
    10Y SIP Return % 13.21
    12.18
    		9.32 | 14.71 4 | 11 Good
    15Y SIP Return % 13.90
    13.63
    		11.55 | 15.24 2 | 5 Very Good
    Standard Deviation 15.25
    15.84
    		14.48 | 18.56 4 | 16 Very Good
    Semi Deviation 11.53
    11.71
    		10.75 | 14.29 8 | 16 Good
    Max Drawdown % -15.14
    -15.40
    		-21.45 | -13.19 9 | 16 Average
    VaR 1 Y % -13.13
    -14.29
    		-31.85 | -10.85 9 | 16 Average
    Average Drawdown % 5.56
    5.79
    		4.36 | 10.13 8 | 16 Good
    Sterling Ratio 0.51
    0.51
    		0.30 | 0.80 7 | 16 Good
    Sortino Ratio 0.21
    0.21
    		0.08 | 0.46 7 | 16 Good
    Treynor Ratio 0.07
    0.08
    		0.02 | 0.26 8 | 16 Good
    Modigliani Square Measure % 6.79
    6.71
    		1.56 | 15.43 6 | 16 Good
    Alpha % 3.63
    3.60
    		-2.70 | 18.41 6 | 16 Good
    Return data last Updated On : July 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

    Rotate the phone! Best viewed in landscape mode on mobile.
    KPIs* Fund Nifty Financial Services TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -0.87 -1.66 -0.13 -1.60 | 3.02 18 | 26 Average
    3M Return % 1.00 0.44 2.77 -1.00 | 12.60 22 | 26 Poor
    6M Return % -0.98 -2.80 1.44 -3.33 | 13.10 19 | 24 Poor
    1Y Return % 3.20 -0.93 6.38 -1.91 | 20.82 20 | 23 Poor
    3Y Return % 12.70 9.68 13.57 8.23 | 26.61 10 | 16 Average
    5Y Return % 14.46 10.60 13.45 10.56 | 15.96 4 | 13 Very Good
    7Y Return % 13.78 11.55 13.40 11.47 | 16.27 5 | 11 Good
    10Y Return % 13.73 13.61 13.34 9.69 | 16.15 5 | 11 Good
    1Y SIP Return % 2.65 7.09 -2.29 | 26.42 19 | 23 Poor
    3Y SIP Return % 9.37 10.81 5.39 | 20.92 12 | 16 Average
    5Y SIP Return % 13.71 13.32 9.51 | 17.36 7 | 13 Good
    7Y SIP Return % 16.13 14.40 11.28 | 17.54 3 | 11 Very Good
    10Y SIP Return % 14.10 13.43 10.73 | 16.24 5 | 11 Good
    Standard Deviation 15.25 15.84 14.48 | 18.56 4 | 16 Very Good
    Semi Deviation 11.53 11.71 10.75 | 14.29 8 | 16 Good
    Max Drawdown % -15.14 -15.40 -21.45 | -13.19 9 | 16 Average
    VaR 1 Y % -13.13 -14.29 -31.85 | -10.85 9 | 16 Average
    Average Drawdown % 5.56 5.79 4.36 | 10.13 8 | 16 Good
    Sterling Ratio 0.51 0.51 0.30 | 0.80 7 | 16 Good
    Sortino Ratio 0.21 0.21 0.08 | 0.46 7 | 16 Good
    Treynor Ratio 0.07 0.08 0.02 | 0.26 8 | 16 Good
    Modigliani Square Measure % 6.79 6.71 1.56 | 15.43 6 | 16 Good
    Alpha % 3.63 3.60 -2.70 | 18.41 6 | 16 Good
    Return data last Updated On : July 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 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
    27-07-2026 640.4021 705.9074
    24-07-2026 635.0967 700.0116
    23-07-2026 636.2172 701.2308
    22-07-2026 641.7347 707.2959
    21-07-2026 651.2624 717.7808
    20-07-2026 650.7104 717.1561
    17-07-2026 658.5274 725.7219
    16-07-2026 653.2882 719.9319
    15-07-2026 658.3896 725.5372
    14-07-2026 654.9997 721.7852
    13-07-2026 661.4423 728.8684
    10-07-2026 659.5827 726.7709
    09-07-2026 649.8655 716.0476
    08-07-2026 644.1788 709.766
    07-07-2026 659.5026 726.6345
    06-07-2026 659.411 726.5173
    03-07-2026 656.159 722.8863
    02-07-2026 656.4146 723.1519
    01-07-2026 653.0148 719.3904
    30-06-2026 646.0478 711.6994
    29-06-2026 646.4592 712.1368

    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.