Nippon India Banking and Financial Services Fund - IDCW Option
(Erstwhile Reliance Banking Fund-Dividend Plan-Dividend Option)
Fund House: Nippon India Mutual Fund| Category: Equity: Sectoral-Banking and Financial Services |
| Launch Date: 26-05-2003 |
| Asset Class: Equity |
| Benchmark: NIFTY Financial Services TRI |
| TER: 1.91% As on (31-03-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 5,307.29 Cr As on (31-03-2024) |
| Turn over: 34% | Exit Load: Exit load of 1%, if redeemed within 1 month. |
64.3066
-1.02 (-1.5872%)
18.99%
Benchmark: 17.48%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
NIFTY 50 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 6 Months
7 Years 2 Months
7 Years 5 Months
There is no value for 10x
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 | |
| Sharpe Ratio | 0.98 |
| Alpha | 6.56 |
| Beta | 0.95 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
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
9.74%
Others
2.27%
Large Cap
77.22%
Mid Cap
10.77%
