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Fund Overview of Nippon India Banking & Financial Services Fund Direct-growth
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₹7,441.7 CrAUM
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₹704.30NAV
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0.99%Expense Ratio
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EquityFund Category
Minimum amount you can invest: ₹500
Maximum amount you can invest: ₹1,00,000
We have used a return rate of 15% for our calculations.
Returns of Nippon India Banking & Financial Services Fund Direct-growth
| Tenure | Absolute(%) | Annualised(%) | Category Average(%) |
|---|---|---|---|
| 3 Months | 4.83% | NA | 2.31% |
| 6 Months | -1.25% | NA | 15.50% |
| 1 Year | 2.38% | 2.38% | 10.43% |
| 2 Years | 19.23% | 9.19% | 18.38% |
| 3 Years | 50.95% | 14.71% | 17.78% |
| 5 Years | 102.64% | 15.17% | 22.24% |
| 7 Years | 134.18% | 12.93% | NA |
| 10 Years | 292.87% | 14.66% | 13.92% |
Compare Nippon India Banking & Financial Services Fund Direct-growth with other mutual funds in the same category
Nippon India Banking & Financial Services Fund Direct-growth
Nippon India Etf Nifty Psu Bank Bees
Kotak Nifty Psu Bank Exchange Traded Fund
Asset Allocation
equities
98.16%debt instruments
0.00%other assets or cash equivalents
1.84%Nippon India Banking & Financial Services Fund Direct-growth is one Equity mutual fund offered by Nippon India Mutual Fund. the fund aims Long term capital growth. Investment in equity and equity related securities of companies in banking sector and financial service sector. It manages assets worth ₹7,441.7 crore as on Sun May 31, 2026. The expense ratio stands at 0.99%. Fund Manager Manager Education Fund Manager Manager EducationAbout Nippon India Banking & Financial Services Fund Direct-growth
The portfolio allocation consists of 98.16% in equities, 0.00% in debt instruments, 1.84% in other assets or cash equivalents.Managed by Vinay Sharma, it has delivered a return of 2.38% in the last year, a total return since inception of 13.84%.
As evaluating financial products savvy investors also consider best sip to invest based on financial goals.
Key Metrics of Nippon India Banking & Financial Services Fund Direct-growth
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Standard Deviation15.31%
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Sharpe Ratio0.56%
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Alpha5.96%
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Beta0.89%
Fund Details
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Top Performing Mutual Funds
| Fund Names | AUM (Cr) | 1M | 3M | 1Yr | 3Yr | 5Yr |
|---|---|---|---|---|---|---|
Nippon India Etf Nifty Psu Bank Bees  |
₹4,078 | 8.49% | 1.83% | 26.35% | 29.36% | 29.76% |
| Kotak Nifty Psu Bank Exchange Traded Fund |
₹2,263 | 8.48% | 1.83% | 26.35% | 29.37% | 29.74% |
| Invesco India Financial Services Fund Direct-growth |
₹1,701 | 4.11% | 6.74% | 8.31% | 20.00% | 16.66% |
| Invesco India Financial Services Fund Direct-idcw |
₹1,701 | 4.11% | 6.74% | 8.31% | 20.00% | 16.66% |
| Sundaram Financial Services Opportunities Fund Direct-growth |
₹1,590 | 4.46% | 6.47% | 4.63% | 16.19% | 15.84% |
| Sundaram Financial Services Opportunities Fund Direct-idcw |
₹1,590 | 4.46% | 6.47% | 4.63% | 16.19% | 15.84% |
| Nippon India Banking & Financial Services Fund Direct-growth |
₹7,442 | 3.61% | 4.83% | 2.38% | 14.71% | 15.17% |
| Nippon India Banking & Financial Services Fund Direct-idcw |
₹7,442 | 3.61% | 4.83% | 2.38% | 14.71% | 15.17% |
| Invesco India Financial Services Fund Regular-growth |
₹1,701 | 4.00% | 6.40% | 6.92% | 18.44% | 15.12% |
| Invesco India Financial Services Fund Regular-idcw |
₹1,701 | 4.00% | 6.40% | 6.92% | 18.44% | 15.12% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More funds from Nippon India Mutual Fund
| Fund Names | AUM (Cr) | 1M | 3M | 6M | 1Yr | 3Yr |
|---|---|---|---|---|---|---|
|
Nippon India Etf Nifty Bank Bees
|
₹7,937 | 7.17% | 5.03% | -2.27% | 3.91% | 9.95% |
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Nippon India Banking & Financial Services Fund-growth
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₹7,442 | 3.53% | 4.61% | -1.66% | 1.51% | 13.77% |
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Nippon India Banking & Financial Services Fund-idcw
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₹7,442 | 3.53% | 4.61% | -1.66% | 1.51% | 13.77% |
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Nippon India Banking & Financial Services Fund Direct-idcw
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₹7,442 | 3.61% | 4.83% | -1.25% | 2.38% | 14.71% |
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Nippon India Etf Nifty Psu Bank Bees
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₹4,078 | 8.49% | 1.83% | 5.18% | 26.35% | 29.36% |
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Nippon India Nifty Bank Index Fund Regular-growth
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₹195 | 7.10% | 4.85% | -2.60% | 3.22% | - |
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Nippon India Nifty Bank Index Fund Direct-growth
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₹195 | 7.16% | 5.01% | -2.31% | 3.85% | - |
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Nippon India Nifty Bank Index Fund Regular-idcw
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₹195 | 7.10% | 4.85% | -2.60% | 3.22% | - |
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Nippon India Nifty Bank Index Fund Direct-idcw
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₹195 | 7.16% | 5.01% | -2.31% | 3.85% | - |
growth is based on 1-month returns of the fundsMutual Fund Calculator
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Top Mutual Funds
| Fund Names | AUM (Cr) | NAV | 3Yr | 5Yr | 10Yr |
|---|---|---|---|---|---|
| ICICI Prudential Banking And Financial Services Direct Plan-growth |
₹10,643 | ₹148.25 | 11.82% | 11.25% | 13.97% |
| ICICI Prudential Banking And Financial Services-growth |
₹10,643 | ₹130.74 | 10.93% | 10.34% | 12.90% |
| ICICI Prudential Banking And Financial Services Direct Plan-idcw |
₹10,643 | ₹68.12 | 11.82% | 11.25% | 13.97% |
| ICICI Prudential Banking And Financial Services-idcw |
₹10,643 | ₹24.95 | 10.93% | 10.34% | 12.90% |
| SBI Banking & Financial Services Fund Direct-growth |
₹10,375 | ₹49.38 | 18.26% | 14.46% | 16.77% |
| SBI Banking & Financial Services Fund Regular-growth |
₹10,375 | ₹43.82 | 17.00% | 13.19% | 15.46% |
| SBI Banking & Financial Services Fund Direct-idcw |
₹10,375 | ₹44.14 | 18.26% | 14.46% | 16.77% |
| SBI Banking & Financial Services Fund Regular-idcw |
₹10,375 | ₹39.35 | 17.00% | 13.19% | 15.46% |
| Nippon India Etf Nifty Bank Bees |
₹7,937 | ₹594.45 | 9.95% | 11.30% | 12.76% |
| Nippon India Banking & Financial Services Fund-growth |
₹7,442 | ₹639.52 | 13.77% | 14.24% | 13.77% |
Detailed Portfolio
| Stocks | Sector | % of Holding | Value |
|---|---|---|---|
| Icici Bank Ltd | Financial | 12.73% | ₹947.19 Cr |
| Hdfc Bank Ltd | Financial | 12.63% | ₹939.57 Cr |
| Axis Bank Ltd | Financial | 9.35% | ₹695.80 Cr |
| State Bank Of India | Financial | 5.40% | ₹401.71 Cr |
| Kotak Mahindra Bank Ltd | Financial | 3.55% | ₹264.06 Cr |
| Sbi Life Insurance Company Ltd | Financial | 3.29% | ₹245.17 Cr |
| Sbi Cards & Payments Services Ltd | Financial | 3.27% | ₹243.13 Cr |
| Bajaj Finserv Ltd | Financial | 3.06% | ₹227.55 Cr |
| Multi Commodity Exchange Of India Ltd | Financial | 2.74% | ₹204.02 Cr |
| Cholamandalam Financial Holdings Ltd | Financial | 2.72% | ₹202.48 Cr |
| Indusind Bank Ltd | Financial | 2.66% | ₹197.88 Cr |
| Icici Prudential Asset Management Company Ltd. | 2.54% | ₹188.95 Cr | |
| Max Financial Services Ltd | Financial | 2.51% | ₹187.07 Cr |
| Equitas Small Finance Bank Ltd | Financial | 2.03% | ₹151.33 Cr |
| Star Health & Allied Insurance Co. Ltd | Financial | 1.88% | ₹139.80 Cr |
| Aye Finance Ltd. | 1.80% | ₹134.03 Cr | |
| Angel One Ltd | Financial | 1.77% | ₹132.01 Cr |
| L&t Finance Holdings Ltd | Financial | 1.67% | ₹124.65 Cr |
| Au Small Finance Bank Ltd | Financial | 1.67% | ₹124.46 Cr |
| Bajaj Finance Ltd | Financial | 1.65% | ₹122.49 Cr |
Top Equity Funds
| Fund Names | NAV | 3Yr | 5Yr | 52 weeks high |
|---|---|---|---|---|
| Nippon India Etf Nifty Psu Bank Bees |
₹97.41 | 29.36% | 29.76% | - |
| Kotak Nifty Psu Bank Exchange Traded Fund |
₹873.06 | 29.37% | 29.74% | - |
| Invesco India Financial Services Fund Direct-growth |
₹177.23 | 20.00% | 16.66% | - |
| Invesco India Financial Services Fund Direct-idcw |
₹91.22 | 20.00% | 16.66% | - |
| Sundaram Financial Services Opportunities Fund Direct-growth |
₹122.90 | 16.19% | 15.84% | - |
| Sundaram Financial Services Opportunities Fund Direct-idcw |
₹33.52 | 16.19% | 15.84% | - |
| Nippon India Banking & Financial Services Fund Direct-growth |
₹704.30 | 14.71% | 15.17% | - |
| Nippon India Banking & Financial Services Fund Direct-idcw |
₹102.29 | 14.71% | 15.17% | - |
| Invesco India Financial Services Fund Regular-growth |
₹146.55 | 18.44% | 15.12% | - |
| Invesco India Financial Services Fund Regular-idcw |
₹74.74 | 18.44% | 15.12% | - |
growth is based on 5Y returns of the funds
Frequently Asked Questions
Nippon India Banking & Financial Services Fund Direct-growth
What is the current AUM of Nippon India Banking & Financial Services Fund Direct-growth?
As of Sun May 31, 2026, Nippon India Banking & Financial Services Fund Direct-growth manages assets worth ₹7,441.7 crore
How has Nippon India Banking & Financial Services Fund Direct-growth performed recently?
- 3 Months: 4.83%
- 6 Months: -1.25%
What is the long-term performance of Nippon India Banking & Financial Services Fund Direct-growth?
- 3 Years CAGR: 14.71%
- 5 Years CAGR: 15.17%
- Since Inception: 13.84%
What is the portfolio composition of Nippon India Banking & Financial Services Fund Direct-growth?
Equity: 98.16%, Debt: 0.00%, Others: 1.84%.
Who manages Nippon India Banking & Financial Services Fund Direct-growth?
Nippon India Banking & Financial Services Fund Direct-growth is managed by Vinay Sharma from Nippon India Mutual Fund.
What is the market-cap allocation of Nippon India Banking & Financial Services Fund Direct-growth?
Large Cap: 59.52%, Mid Cap: 24.69%, Small Cap: 15.79%.
Which are the top companies Nippon India Banking & Financial Services Fund Direct-growth has invested in?
- ICICI Bank Ltd – 12.73% of the fund's portfolio
- HDFC Bank Ltd – 12.63% of the fund's portfolio
- Axis Bank Ltd – 9.35% of the fund's portfolio
- State Bank of India – 5.40% of the fund's portfolio
- Kotak Mahindra Bank Ltd – 3.55% of the fund's portfolio
Which are the major sectors Nippon India Banking & Financial Services Fund Direct-growth focuses on?
- Financial – 74.58% of the fund's portfolio
- Other – 4.34% of the fund's portfolio
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