CASPeR Ranking #24
Nippon India Banking & Financial Services Fund Growth
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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4.5Overall rating
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
Nippon Life India Asset Management Ltd
Phone Number
022-6808 7000/18602660111Email Address
customercare@nipponindiaim.inCorporate Office Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)Overall AUM
₹6282.05 Cr
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