Nippon India Banking Fund - G

NAV ₹652.239 ↑ 3.11 (0.48 %) as on 22 Jan 26

📑 Table of contents

Scheme Objective
NAV Price Chart
Returns
- Historical Returns
- Compounded Returns
Growth Of 10k Over Years
Holdings / Portfolio
All Plan & Options
Fund Manager Information
Custodians
Registrar & Transfer Agent (RTA)
Administrator Companies
Auditors

Scheme Objective

The primary investment objective of the Scheme is to seek to generate continuous returns by actively investing in equity and equity related securities of companies in the Banking Sector and companies engaged in allied activities related to Banking Sector. The AMC will have the discretion to completely or partially invest in any of the type of securities stated above with a view to maximize the returns or on defensive considerations. However, there can be no assurance that the investment objective of the Scheme will be realized, as actual market movements may be at variance with anticipated trends.

Nippon India Banking Fund is a Equity - Sectoral fund launched on 26 May 03. It is a fund with High risk and has given a CAGR return of 20.2% since its launch. Ranked 15 in Sectoral category. Return for 2025 was 17.4% , 2024 was 10.3% and 2023 was 24.2% .

Below is the key information for Nippon India Banking Fund

NAV as on 22 Jan 26	₹652.239 ↑ 3.11 (0.48 %)
Net Assets (AUM) as on 31 Dec 2025	₹7,778 Cr.
Launch Date	26 May 2003
Category	Equity - Sectoral
Rating	☆☆☆
Type	Open Ended Fund
Risk	High
AMC	Nippon Life Asset Management Ltd.

Alpha Ratio	-0.93
Expense Ratio	1.89 %
Sharpe Ratio	0.854
Information Ratio	0.56
Benchmark	Not Available
Min Investment	₹5,000
Min SIP Investment	₹100
Exit Load	0-1 Years (1%),1 Years and above(NIL)

NAV Price Chart

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Jan 26

Duration	Returns
1 Month	-1.1%
3 Month	0%
6 Month	1.5%
1 Year	19.6%
3 Year	16.8%
5 Year	18.7%
10 Year
15 Year
Since launch	20.2%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

Year	Returns
2024	17.4%
2023	10.3%
2022	24.2%
2021	20.7%
2020	29.7%
2019	-10.6%
2018	10.7%
2017	-1.2%
2016	44.1%

Growth of 10k Over Years

Date	Value
31 Dec 20	₹10,000
31 Dec 21	₹12,973
31 Dec 22	₹15,658
31 Dec 23	₹19,441
31 Dec 24	₹21,453
31 Dec 25	₹25,182

Nippon India Banking Fund Growth 10k Chart

Asset Allocation

Asset Class	Value
Cash	1.55%
Equity	98.45%

Sector Allocation

Sector	Value
Financial Services	95.79%
Technology	2.66%

Nippon India Banking Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

Name	Global Industry	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Jul 08 \| HDFCBANK	Banks - Regional	15%	₹1,196 Cr	12,069,320
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 09 \| 532174	Banks - Regional	14%	₹1,106 Cr	8,238,887 ↑ 364,300
Axis Bank Ltd (Financial Services) Equity, Since 30 Jun 17 \| 532215	Banks - Regional	9%	₹707 Cr	5,571,983
State Bank of India (Financial Services) Equity, Since 31 Mar 14 \| SBIN	Banks - Regional	7%	₹547 Cr	5,565,352 ↓ -92,719
SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services) Equity, Since 31 Jul 20 \| 543066	Credit Services	4%	₹336 Cr	3,893,792 ↑ 256,668
SBI Life Insurance Co Ltd (Financial Services) Equity, Since 30 Nov 20 \| SBILIFE	Insurance - Life	4%	₹299 Cr	1,470,199
Bajaj Finserv Ltd (Financial Services) Equity, Since 31 Oct 23 \| 532978	Financial Conglomerates	3%	₹260 Cr	1,275,773
The Federal Bank Ltd (Financial Services) Equity, Since 30 Nov 04 \| FEDERALBNK	Banks - Regional	3%	₹251 Cr	9,405,824 ↓ -3,000,000
Kotak Mahindra Bank Ltd (Financial Services) Equity, Since 31 Jul 23 \| KOTAKBANK	Banks - Regional	3%	₹223 Cr	1,014,574
Max Financial Services Ltd (Financial Services) Equity, Since 31 Oct 12 \| 500271	Insurance - Life	3%	₹203 Cr	1,211,634

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Fund Managers

Name	Since	Tenure
Vinay Sharma	9 Apr 18	7.74 Yr.
Kinjal Desai	25 May 18	7.61 Yr.
Bhavik Dave	18 Jun 21	4.54 Yr.
Lokesh Maru	5 Sep 25	0.32 Yr.
Divya Sharma	5 Sep 25	0.32 Yr.

Custodians

Company	Address
Deutsche Bank AG	1 Great Winchester Street

Registrar & Transfer Agent

KFin Technologies Ltd
Address	138 -Suyesh Solitaire, Nr. Podar International School,Kudasan, Gandhinagar, Gujarat
FAX	N.A
Email	N.A

Administrator Companies

Company	Address
Nippon India Mutual Fund	9th Floor, Crescenzo, C-38 & 39,,G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051

Auditors

Company	Address
Haribhakti & Co. Chartered Accountants	42, Free Press House,4th Floor,,215, Nariman Point,

All Plan & Options

Fund and Plan	NAV	6 Month	1 Year	3 Year	5 Year
Nippon India Banking Fund Normal Dividend, Payout	₹74.7343 ↑ 0.36	1.53 %	18.89 %	15.98 %	18.26 %
Nippon India Banking Fund Normal Dividend, Reinvestment	₹74.7343 ↑ 0.36	1.53 %	18.89 %	15.98 %	18.26 %
Nippon India Banking Fund Growth	₹652.239 ↑ 3.11	1.53 %	19.65 %	16.76 %	18.74 %
Data as on 22 Jan 26

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.

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