Nippon India Banking Fund - G

NAV ₹566.844 ↑ 5.12 (0.91 %) as on 26 Jul 24

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 21% since its launch. Ranked 15 in Sectoral category. Return for 2023 was 24.2% , 2022 was 20.7% and 2021 was 29.7% .

Below is the key information for Nippon India Banking Fund

NAV as on 26 Jul 24	₹566.844 ↑ 5.12 (0.91 %)
Net Assets (AUM) as on 30 Jun 2024	₹5,933 Cr.
Launch Date	26 May 2003
Category	Equity - Sectoral
Rating	☆☆☆
Type	Open Ended Fund
Risk	High
AMC	Nippon Life Asset Management Ltd.

Alpha Ratio	8.93
Expense Ratio	2.05 %
Sharpe Ratio	1.49
Information Ratio	0.8
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 26 Jul 24

Duration	Returns
1 Month	-0.1%
3 Month	6.9%
6 Month	14.8%
1 Year	22.7%
3 Year	18.2%
5 Year	15.7%
10 Year
15 Year
Since launch	21%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

Year	Returns
2023	24.2%
2022	20.7%
2021	29.7%
2020	-10.6%
2019	10.7%
2018	-1.2%
2017	44.1%
2016	11.5%
2015	-6%

Growth of 10k Over Years

Date	Value
30 Jun 19	₹10,000
30 Jun 20	₹6,320
30 Jun 21	₹11,149
30 Jun 22	₹10,841
30 Jun 23	₹15,027
30 Jun 24	₹18,914

Nippon India Banking Fund Growth 10k Chart

Asset Allocation

Asset Class	Value
Cash	2.05%
Equity	97.95%

Sector Allocation

Sector	Value
Financial Services	96.42%
Technology	1.53%

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	20%	₹1,215 Cr	7,214,660 ↑ 550,000
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 09 \| ICICIBANK	Banks - Regional	16%	₹950 Cr	7,915,358
Axis Bank Ltd (Financial Services) Equity, Since 30 Jun 17 \| AXISBANK	Banks - Regional	9%	₹511 Cr	4,040,216 ↓ -400,000
State Bank of India (Financial Services) Equity, Since 31 Mar 14 \| SBIN	Banks - Regional	5%	₹310 Cr	3,656,809 ↓ -200,000
Kotak Mahindra Bank Ltd (Financial Services) Equity, Since 31 Jul 23 \| KOTAKBANK	Banks - Regional	5%	₹297 Cr	1,650,000
The Federal Bank Ltd (Financial Services) Equity, Since 30 Nov 04 \| FEDERALBNK	Banks - Regional	4%	₹250 Cr	14,099,730
SBI Life Insurance Company Limited (Financial Services) Equity, Since 30 Nov 20 \| SBILIFE	Insurance - Life	4%	₹211 Cr	1,417,129
IndusInd Bank Ltd (Financial Services) Equity, Since 31 May 19 \| INDUSINDBK	Banks - Regional	3%	₹202 Cr	1,378,251 ↑ 150,000
SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services) Equity, Since 31 Jul 20 \| SBICARD	Credit Services	3%	₹168 Cr	2,320,827
Cholamandalam Financial Holdings Ltd (Financial Services) Equity, Since 30 Apr 19 \| CHOLAHLDNG	Credit Services	3%	₹167 Cr	1,145,599

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Fund Managers

Name	Since	Tenure
Vinay Sharma	9 Apr 18	6.23 Yr.
Kinjal Desai	25 May 18	6.11 Yr.
Bhavik Dave	18 Jun 21	3.04 Yr.

Custodians

Company	Address
Deutsche Bank AG	Deutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Ltd
Address	KFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX	91-40-23311968
Email	mailmanager@karvy.com

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	₹70.5031 ↑ 0.64	5.66 %	12.96 %	11.74 %	11.6 %
Nippon India Banking Fund Normal Dividend, Reinvestment	₹70.5031 ↑ 0.64	5.66 %	12.96 %	11.74 %	11.6 %
Nippon India Banking Fund Growth	₹566.844 ↑ 5.12	14.8 %	22.73 %	18.21 %	15.66 %
Data as on 26 Jul 24

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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