October 31, 2025
RA Jainee
Nippon India Banking & Financial Services Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 715.7140
NAV IDCW: Rs 112.0641
Bonus NAV: Rs 715.7140
Suitable For Which Investors?
This is a fund that invests mainly in shares of banks and financial services companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to generate continuous returns by actively investing in equity, equity related securities of companies in the Banking and Financial services.
Fund Manager:
1) Vinay Sharma
Education: Mr. Sharma is B.Arch & PGDCM
Experience: Prior to joining Nippon India Mutual Fund he has worked with ICICI Prudential AMC, Kotak Mahindra Mutual Fund, J.P. Morgan India Pvt. Ltd. and UTI Bank.
2) Bhavik Dave
Education: Mr. Dave is a BBA and PGDM
Experience: Prior joining to Nippon India Mutual Fund he has worked with Motilal Oswal Securities Limited – Research Associate (Institutional Equities), Crisil Global Analytics Centre – Credit Analyst – US Oil & Gas Sector, Grantham Mayo, Van Otterloo & Co. – Research Associate Internship.
Investment Details
| Min. Investment (₹) | 5,000 |
| Min. Addl Investment (₹) | 1,000 |
| Min. SIP Investment (₹) | 100 |
| Min. Withdrawal (₹) | 100 |
| Min. No of Cheques | 60 |
| Min. Balance (₹) | 1 |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 30 days |
Basic Details of Nippon India Banking & Financial Services Fund
| Fund House | Nippon India Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 14.72% |
| Benchmark | NIFTY Financial Services TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 7,185 Cr |
| (As on 30-Sep-2025) | |
| Expense | 0.98% |
| (As on 30-Sep-2025) | |
| Risk Grade | Below Average |
| Return Grade | High |
| Turnover | 21.00% |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Nippon India Banking & Financial Srvices Dir | 16.96 | 0.07 | 6.43 | 4.63 | 6.82 | 15.43 | 19.54 | 26.93 | 16.83 | 15.13 |
| BSE Bankex TRI | 14.55 | 0.06 | 6.77 | 5.60 | 4.66 | 13.29 | 12.67 | 19.64 | 14.05 | 13.38 |
| Equity: Sectoral-Banking | 16.52 | 0.07 | 6.97 | 5.26 | 8.67 | 15.36 | 17.91 | 22.13 | 16.64 | 14.96 |
| Rank within category | 11 | 23 | 28 | 20 | 23 | 10 | 7 | 1 | 5 | 6 |
| Number of funds in category | 33 | 39 | 39 | 39 | 37 | 32 | 18 | 12 | 11 | 10 |
Peer Comparison of Nippon India Banking & Financial Services Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turn over (%) | |
| Nippon India Banking & Financial Srvices Dir | 5 star | 15.43 | 19.54 | 26.93 | 0.98 | 7,185 | 14.72 | 1.00 (30) | 12Y 9M | 21.00 |
| SBI Banking & Financial Services Dir | 4 star | 18.79 | 20.84 | 22.85 | 0.77 | 8,693 | 16.27 | 0.50 (30) | 10Y 8M | 103.00 |
| HDFC Banking & Financial Services Dir | 4 star | 13.77 | 19.01 | — | 0.77 | 4,135 | 15.66 | 1.00 (30) | 4Y 3M | 21.79 |
| Sundaram Financial Services Opportunities Dir | 4 star | 11.89 | 20.52 | 24.1 | 0.78 | 1,514 | 14.45 | 0.50 (30) | 12Y 9M | 41.90 |
| Invesco India Financial Services Dir | 4 star | 14.58 | 22.83 | 23.4 | 0.83 | 1,422 | 16.43 | 1.00 (365) | 12Y 9M | 20.00 |
Portfolio Analysis of Nippon India Banking & Financial Services Fund
| No. of Stocks | 31 |
| Top 10 Stocks | 67.28% |
| Top 5 Stocks | 51.54% |
| Top 3 Sectors | 98.02% |
| Portfolio P/B Ratio | 2.45 |
| Portfolio P/E Ratio | 19.07 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,50,089 | 3,58,967 |
| Giant (%) | 62.95 | 66.19 |
| Large (%) | 11.50 | 17.44 |
| Mid (%) | 23.22 | 15.39 |
| Small (%) | 2.34 | 5.25 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For Nippon India Banking & Financial Services Fund
WILL POST SOON
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