Item: Nippon India Banking & Financial Services Fund Direct Plan Payout of Income Dis cum Cptl Wdrl
Rating: 2
Author: Morningstar

Home › Mutual Funds › Nippon India Mutual Fund › Nippon India Banking & Financial Services Fund Direct Plan Payout of Income Dis cum Cptl Wdrl

78.940 (0.248%)

NAV on September 09, 2022

Category Equity:
Sector - Financial Services

Investment StyleBox

Large Blend

Total Assets 3,502 cr

Turnover Ratio 53.59%

Expense Ratio 1.37%

Exit Load 1.00% if redeemed within
1 Months 0.00% if redeemed after 1 Months

Returns

1M: 6.41%
1Y: 11.25%
3M: 16.10%
3Y: 15.98%
6M: 19.80%
5Y: 8.65%

Min Investment 5,000

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Vinay Sharma (Since over 4 years) Kinjal Desai (Since over 4 years) Bhavik Dave (Since about 1 year)

ISIN INF204K01XM5

Fund Family Nippon India

P/E Ratio 16.45

P/B Ratio 1.98

Launch Date January 01, 2013

Benchmark IISL Nifty Financial Services TR INR

RISK MEASURES (3 yrs)

vs IISL Nifty Financial Services TR INR

Alpha 1.03

Beta 1.10

R-Squared 91.49

Info Ratio 0.05

Tracking Err 10.66

Sortino 0.646

Sharpe 0.472

Std Dev 35.062

Risk Above Average

SECTOR WEIGHTINGS (%)

Financial 100.0%

Industrial 0.0%

Technology 0.0%

Basic Materials 0.0%

Consumer Cyclical 0.0%

Utilities Services 0.0%

Healthcare Services 0.00%

Energy Services 0.00%

Communication Services 0.00%

Consumer Defensive 0.00%

Real Estate 0.00%

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.

This fund may declare and pay out a dividend to you on a periodic basis, but only when it has the profits to do so.

View Factsheet

Top Rated
Top Performing

Top Sector Financial Services Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option	68.580	7.20%	590 cr	1.14%	Average
Taurus Banking & Financial Services Fund Direct Plan Growth Option	39.950	6.59%	9 cr	1.69%	Below Average
SBI Banking & Financial Services Direct Growth	28.221	5.52%	3,721 cr	0.78%	Average
Tata Banking & Financial Services Fund Direct Growth	29.813	2.68%	1,109 cr	0.65%	Low
Invesco India Financial Services Fund Direct Plan Growth	92.240	2.01%	464 cr	1.22%	Low

Best Sector Financial Services Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Nippon India Banking & Financial Services Fund Direct Plan - Growth	417.022	11.24%	3,502 cr	1.37%	Above Average
LIC MF Banking & Financial Services Fund Direct Growth	16.398	10.41%	70 cr	1.53%	Below Average
Sundaram Financial Services Opportunities Fund Direct Plan Growth Option	68.580	7.20%	590 cr	1.14%	Average
SBI Banking & Financial Services Direct Growth	28.221	5.52%	3,721 cr	0.78%	Average
Aditya Birla Sun Life Banking & Financial Services Direct Growth	43.640	3.34%	2,434 cr	1.17%	Above Average