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: 1.85% As on (30-04-2025)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 6,967 Cr As on 30-04-2025(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.

619.1959

20.63%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
NIFTY Financial Services 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 14.26
Sharpe Ratio 0.92
Alpha 2.83
Beta 0.9
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 18.03 21.46 24.01 32.5 13.35
DSP Banking & Financial Services Fund - Regular - Growth 15-12-2023 26.16 - - - -
WhiteOak Capital Banking & Financial Services Fund - Regular Growth 06-02-2024 20.65 - - - -
ICICI Prudential Banking and Financial Services Fund - Growth 05-08-2008 20.05 18.81 20.78 27.63 13.65
Tata Banking And Financial Services Fund-Regular Plan-Growth 18-12-2015 19.86 20.59 23.71 25.15 -
SBI Banking & Financial Services Fund - Regular Plan - Growth 01-02-2015 18.83 23.77 23.17 27.0 15.66
UTI Banking and Financial Services Fund - Regular Plan - Growth Option 01-08-2005 18.79 19.72 22.32 27.35 11.08
Baroda BNP Paribas Banking and Financial Services Fund - Regular - Growth Option 22-06-2012 18.56 21.45 22.62 25.02 11.45
Mirae Asset Banking and Financial Services Fund Regular Growth 11-12-2020 17.93 19.87 22.72 - -
BANDHAN FINANCIAL SERVICES FUND - REGULAR PLAN - GROWTH 28-07-2023 17.67 - - - -

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

13.16%

Others

3.15%

Large Cap

67.71%

Mid Cap

15.98%

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