INF204K01927

CASPeR Ranking #24

Nippon India Banking & Financial Services Fund Growth

Very High Risk Sector - Financial Services Equity

NAV (Tue Jan 14 2025)

₹545

Returns (Since Inception)

13.57%

Category Average

11.19%

Rating

3

Allocation and Holdings

Asset class

Weightage

Financial Services

71.09%

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Overall rating

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Scheme Information

Fund name

Nippon India Banking & Financial Services Fund Growth


Minimum SIP

100


Risk Level

Very High Risk


AUM

₹6282.05 Cr


ISIN

INF204K01927


Inception Date

May 26 2003


Standard Deviation

14.652


Beta

0.93


Sharpe Ratio

0.804


Benchmark

IISL Nifty Financial Services TR INR


Expense Ratio

1.880%


Exit Load

1% if redeemed or switched out on or before completion of 1 month from the date of allotment of units. Nil, thereafter.

Risk

Very High Risk

Investment Objective

The primary investment objective of the Scheme is to seek to generate continuous returns by actively investing in equity and equity related securities of companies in the Banking and Financial services sector. The AMC will have the discretion to completely or partially invest in any of the type of securities stated above with a view to maximize the returns or on defensive considerations. However, there can be no assurance that the investment objective of the Scheme will be realized, as actual market movements may be at variance with anticipated trends.

Fund Managers

Vinay Sharma

Kinjal Desai

Bhavik Dave

About the AMC

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