VS
Vinay SharmaFund Manager Since 9 Apr 2018
EquitySector - Financial Services
Nippon India Banking & Financial Services Fund Growth
3Y Annualised
16.50%
0.60% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
-0.61%
0.60% 1D
Benchmark
SBI Nifty 10 yr Benchmark G-Sec ETF
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
4 years 6 months
NIFTY 50
5 years 7 months
FD
9 years 7 months
Fund info
Fund size
₹7791.69 Cr
Min. SIP amount
₹100
Min. Lumpsum amount
₹5000
Exit load
0.01%
1% if redeemed or switched out on or before completion of 1 month from the date of allotment of units. Nil, thereafter.
Risk Profile
Very High Risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
ICICI Prudential Nifty Bank ETF
11.86%
2nd
HDFC Nifty Bank ETF - Growth
4.01%
3rd
ICICI Prudential Nifty Private Banks ETF
2.39%
4th
IDBI Banking Financial Services Fund Direct Transfer of Income Distribution cum Cap Withdrawal
1.94%
5th
IDBI Banking Financial Services Fund Direct Growth
1.94%
90th
Nippon India Banking & Financial Services Fund Growth
-0.61%
Fund Managers
KD
Kinjal DesaiFund Manager Since 25 May 2018
BD
Bhavik DaveFund Manager Since 18 Jun 2021
About Nippon India Banking & Financial Services Fund Growth
Nippon India Banking & Financial Services Fund Growth is a Equity mutual fund scheme from Nippon Life India Asset Management Ltd. This fund has been in existence for 22 years, having been launched on 2003-05-26. Nippon India Banking & Financial Services Fund Growth has ₹7791.69 Cr worth of assets under management (AUM) as of Mon Dec 22 2025. The latest Net Asset Value (NAV) of Nippon India Banking & Financial Services Fund Growth as of Fri Dec 19 2025 is ₹656.4964. The fund has an expense ratio of 1.83%, which is medium comparable to most other Equity funds.
Nippon India Banking & Financial Services Fund Growth returns for the last 1 year are 14.94%. Since launch, it has delivered 20.37% average annual returns.
The Nippon India Banking & Financial Services Fund Growth has the majority of its money invested in Financial Services sectors.
Top 5 Holdings of Nippon India Banking & Financial Services Fund Growth.
- HDFC Bank Ltd: 15.61%
- ICICI Bank Ltd: 14.04%
- Axis Bank Ltd: 9.15%
- State Bank of India: 7.11%
- SBI Cards and Payment Services Ltd Ordinary Shares: 4.11%
AMC Information
| Name | Nippon Life India Asset Management Ltd |
|---|---|
| Founding Date | 2003-05-26 |
| customercare@nipponindiaim.in | |
| Phone | 022-6808 7000/18602660111 |
| Website | https://mf.nipponindiaim.com/ |
| Address | Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W) |
Tax Implications of Nippon India Banking & Financial Services Fund Growth
| Short Term Gains | 20% + applicable Surcharge + 4% Cess |
|---|---|
| Long Term Gains | 12.5% without indexation + applicable Surcharge + 4% Cess |
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Calculate Your Returns
Estimated Returns in 3 Years (Based on past 3Y returns)
₹0
Total Amount
₹0
