Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option
(Erstwhile Reliance Banking Fund-Growth Plan-Growth Option)
Fund House: Nippon India Mutual Fund| Category: Equity: Sectoral-Banking and Financial Services |
| Launch Date: 01-05-2003 |
| Asset Class: Equity |
| Benchmark: NIFTY Financial Services TRI |
| TER: 1.84% As on (31-07-2025) |
| Status: Open Ended Schemes |
| Minimum Investment: 5,000 |
| Minimum Topup: 1,000 |
| Total Assets: 7,222.06 Cr As on 31-07-2025(Source:AMFI) |
| Turn over: 30% | Exit Load: 1% if redeemed or switched out on or before completion of 1 month from the date of allotment of units.Nil, thereafter. |
618.1589
1.54 (0.249%)
20.38%
Benchmark: 17.61%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
NIFTY Financial Services TRI
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
1 Years 7 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
Investment Objective
The scheme aims to generate continuous returns by actively investing in equity, equity related or fixed income securities of banks. The proportion of investment between equity and debt will be decided based on the view of the fund manager on anticipated movement in both debt as well as equity markets.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 11.87 |
| Sharpe Ratio | 1.1 |
| Alpha | 3.85 |
| Beta | 0.86 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option | 01-05-2003 | 11.92 | 17.3 | 18.03 | 25.99 | 12.92 |
| DSP Banking & Financial Services Fund - Regular - Growth | 15-12-2023 | 19.81 | - | - | - | - |
| SBI Banking & Financial Services Fund - Regular Plan - Growth | 01-02-2015 | 16.88 | 23.07 | 18.49 | 22.41 | 15.71 |
| WhiteOak Capital Banking & Financial Services Fund - Regular Growth | 06-02-2024 | 16.31 | - | - | - | - |
| Baroda BNP Paribas Banking and Financial Services Fund - Regular - Growth Option | 22-06-2012 | 15.71 | 19.19 | 16.12 | 20.33 | 11.32 |
Scheme Characteristics
Minimum investment in equity & equity related instruments of a particular sector/ particular theme - 80% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
8.69%
Others
1.44%
Large Cap
66.55%
Mid Cap
23.32%
