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 50 TRI
TER: 1.9% As on (31-05-2024)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 5,462.71 Cr As on (31-05-2024)
Turn over: 33% | Exit Load: Exit load of 1%, if redeemed within 1 month.

545.0529

20.9%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
NIFTY 50 TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

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
4 Years 0 Months
4 Years 4 Months
7 Years 3 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 14.79
Sharpe Ratio 0.78
Alpha 4.97
Beta 0.87
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 25.99 30.31 17.89 13.3 13.92
Sundaram Financial Services Opportunities Fund Regular Plan - Growth 10-06-2008 34.55 35.48 19.49 16.99 14.97
Invesco India Financial Services Fund - Retail Growth 14-07-2008 34.01 33.34 17.15 14.8 15.53
SBI Banking & Financial Services Fund - Regular Plan - Growth 01-02-2015 32.25 27.91 14.56 14.02 -
Mirae Asset Banking and Financial Services Fund Regular Growth 11-12-2020 26.35 28.86 15.81 - -
Baroda BNP Paribas Banking and Financial Services Fund - Regular - Growth Option 22-06-2012 26.17 26.45 13.72 11.17 11.73
UTI Banking and Financial Services Fund - Regular Plan - Growth Option 01-08-2005 25.19 27.83 14.5 10.41 11.44
HDFC Banking and Financial Services Fund - Growth Option 05-06-2021 25.04 29.52 - - -
Aditya Birla Sun Life Banking and Financial Services Fund - Regular Plan - Growth 01-12-2013 23.92 28.04 14.05 12.76 14.89
Tata Banking And Financial Services Fund-Regular Plan-Growth 18-12-2015 23.48 29.67 14.68 13.52 -

Scheme Characteristics

Minimum investment in equity & equity related instruments of a particular sector/ particular theme - 80% of total assets.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

10.52%

Others

3.23%

Large Cap

75.52%

Mid Cap

10.73%

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