Nippon India Banking & Financial Services Fund Datagrid
Category Banking and Financial Fund
BMSMONEY Rank 9
Rating
Growth Option 19-10-2026
NAV ₹609.87(R) -1.47% ₹673.53(D) -1.46%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular -6.05% 9.67% 10.21% 12.84% 11.71%
Direct -5.26% 10.58% 11.12% 13.74% 12.59%
Benchmark
SIP (XIRR) Regular -9.58% 3.22% 9.55% 13.53% 11.81%
Direct -8.82% 4.12% 10.51% 14.51% 12.7%
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: 19-10-2026

Scheme Name NAV Rupee Change Percent Change
Nippon India Banking & Financial Services Fund - IDCW Option 64.66
-0.9600
-1.4600%
Nippon India Banking & Financial Services Fund- DIRECT Plan - IDCW Option 97.83
-1.4500
-1.4600%
Nippon India Banking & Financial Services Fund-Growth Plan-Growth Option 609.87
-9.0700
-1.4700%
Nippon India Banking & Financial Services Fund-Growth Plan-Bonus Option 609.87
-9.0700
-1.4700%
Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Bonus Option 673.53
-9.9700
-1.4600%
Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Growth Option 673.53
-9.9700
-1.4600%

Review Date: 19-10-2026

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 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 -4.49%, -6.08 and -4.32 in last one, three and six months respectively. In the same period the category average return was -4.09%, -5.69% and -2.55% respectively.
  • Nippon India Banking & Financial Services Fund has given a return of -5.26% in last one year. In the same period the Nifty Financial Services TRI return was -3.58%. The fund has given 1.68% less return than the benchmark return.
  • The fund has given a return of 10.58% in last three years and rank 12th out of seventeen funds in the category. In the same period the Nifty Financial Services TRI return was 8.55%. The fund has given 2.03% more return than the benchmark return.
  • Nippon India Banking & Financial Services Fund has given a return of 11.12% in last five years and category average returns is 10.02% in same period. The fund ranked 3rd out of thirteen funds in the category. In the same period the Nifty Financial Services TRI return was 8.02%. The fund has given 3.1% more return than the benchmark return.
  • The fund has given a return of 12.59% 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 12.92%. The fund has given 0.33% less return than the benchmark return.
  • The fund has given a SIP return of -8.82% in last one year whereas category average SIP return is -5.51%. The fund one year return rank in the category is 22nd in 23 funds
  • The fund has SIP return of 4.12% in last three years and ranks 13th in 17 funds. quant Bfsi Fund has given the highest SIP return (11.63%) in the category in last three years.
  • The fund has SIP return of 10.51% in last five years whereas category average SIP return is 10.48%.

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 Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -4.55 -2.11
    -4.18
    		-7.00 | -2.19 17 | 26 Average
    3M Return % -6.28 -5.79
    -6.00
    		-8.25 | -4.50 18 | 26 Average
    6M Return % -4.71 -5.10
    -3.19
    		-8.27 | 3.28 22 | 26 Poor
    1Y Return % -6.05 -8.33
    -3.86
    		-8.62 | 4.27 17 | 23 Average
    3Y Return % 9.67 9.46
    10.30
    		4.83 | 17.24 11 | 17 Average
    5Y Return % 10.21 6.55
    8.74
    		6.63 | 10.84 3 | 13 Very Good
    7Y Return % 12.84 10.39
    11.19
    		8.43 | 13.22 3 | 11 Very Good
    10Y Return % 11.71 12.95
    11.08
    		6.96 | 13.40 5 | 11 Good
    15Y Return % 13.55 14.01
    13.33
    		11.26 | 14.66 3 | 5 Good
    1Y SIP Return % -9.58
    -6.81
    		-12.04 | 0.00 21 | 22 Poor
    3Y SIP Return % 3.22
    4.09
    		0.50 | 9.84 12 | 16 Average
    5Y SIP Return % 9.55
    9.13
    		5.71 | 12.46 6 | 12 Good
    7Y SIP Return % 13.53
    11.64
    		8.62 | 14.21 2 | 10 Very Good
    10Y SIP Return % 11.81
    10.98
    		7.75 | 13.17 4 | 10 Good
    15Y SIP Return % 12.93
    13.26
    		12.79 | 14.23 3 | 4 Average
    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 : Oct. 19, 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

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -4.49 -2.11 -4.09 -6.89 | -2.12 18 | 26 Average
    3M Return % -6.08 -5.79 -5.69 -7.89 | -4.20 20 | 26 Average
    6M Return % -4.32 -5.10 -2.55 -7.74 | 4.10 22 | 26 Poor
    1Y Return % -5.26 -8.33 -2.56 -7.97 | 5.91 19 | 23 Poor
    3Y Return % 10.58 9.46 11.71 6.33 | 19.12 12 | 17 Average
    5Y Return % 11.12 6.55 10.02 7.59 | 12.31 3 | 13 Very Good
    7Y Return % 13.74 10.39 12.42 9.83 | 14.68 4 | 11 Good
    10Y Return % 12.59 12.95 12.33 8.35 | 15.01 5 | 11 Good
    1Y SIP Return % -8.82 -5.51 -10.93 | 1.90 22 | 23 Poor
    3Y SIP Return % 4.12 5.49 1.63 | 11.63 13 | 17 Average
    5Y SIP Return % 10.51 10.48 7.12 | 13.99 9 | 13 Average
    7Y SIP Return % 14.51 12.97 10.10 | 15.77 3 | 11 Very Good
    10Y SIP Return % 12.70 12.13 9.17 | 14.69 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 : Oct. 19, 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
    19-10-2026 609.8697 673.5344
    16-10-2026 618.9373 683.5021
    15-10-2026 620.7276 685.4636
    14-10-2026 612.4405 676.2969
    13-10-2026 618.065 682.4923
    12-10-2026 611.6398 675.382
    09-10-2026 610.871 674.4872
    08-10-2026 604.8881 667.866
    07-10-2026 614.1138 678.0369
    06-10-2026 615.1366 679.1508
    05-10-2026 607.7607 670.9921
    01-10-2026 606.9708 670.0592
    30-09-2026 608.2118 671.4139
    29-09-2026 606.3735 669.3695
    28-09-2026 611.5309 675.0473
    25-09-2026 622.245 686.8274
    24-09-2026 621.7211 686.2337
    23-09-2026 638.3428 704.564
    22-09-2026 637.0788 703.153
    21-09-2026 638.9142 705.1628

    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.