Nippon India Banking Fund - G

NAV ₹611.64 ↑ 0.77 (0.13 %) as on 12 Oct 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 19.2% 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 12 Oct 26	₹611.64 ↑ 0.77 (0.13 %)
Net Assets (AUM) as on 31 Aug 2026	₹7,910 Cr.
Launch Date	26 May 2003
Category	Equity - Sectoral
Rating	☆☆☆
Type	Open Ended Fund
Risk	High
AMC	Nippon Life Asset Management Ltd.

Alpha Ratio	4.7
Expense Ratio	1.89 %
Sharpe Ratio	0.245
Information Ratio	0.35
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 12 Oct 26

Duration	Returns
1 Month	-4%
3 Month	-6%
6 Month	-0.5%
1 Year	-2.9%
3 Year	10%
5 Year	11%
10 Year
15 Year
Since launch	19.2%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

Year	Returns
2025	17.4%
2024	10.3%
2023	24.2%
2022	20.7%
2021	29.7%
2020	-10.6%
2019	10.7%
2018	-1.2%
2017	44.1%

Growth of 10k Over Years

Date	Value
30 Sep 21	₹10,000
30 Sep 22	₹10,526
30 Sep 23	₹13,047
30 Sep 24	₹16,815
30 Sep 25	₹17,286
30 Sep 26	₹17,067

Asset Allocation

Asset Class	Value
Cash	1.46%
Equity	98.54%

Sector Allocation

Sector	Value
Financial Services	92.96%
Technology	5.58%

Top Securities Holdings / Portfolio

Holdings/Securities

Name	Global Industry	Holding	Value	Quantity
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 09 \| ICICIBANK	Banks - Regional	14%	₹1,074 Cr	7,388,887 ↓ -150,000
HDFC Bank Ltd (Financial Services) Equity, Since 31 Jul 08 \| HDFCBANK	Banks - Regional	12%	₹970 Cr	13,679,320
Axis Bank Ltd (Financial Services) Equity, Since 30 Jun 17 \| 532215	Banks - Regional	9%	₹703 Cr	5,408,065
State Bank of India (Financial Services) Equity, Since 31 Mar 14 \| SBIN	Banks - Regional	6%	₹452 Cr	4,265,352
Kotak Mahindra Bank Ltd (Financial Services) Equity, Since 31 Jul 23 \| KOTAKBANK	Banks - Regional	4%	₹301 Cr	7,172,870
Bajaj Finserv Ltd (Financial Services) Equity, Since 31 Oct 23 \| 532978	Financial Conglomerates	3%	₹258 Cr	1,275,773
SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services) Equity, Since 31 Jul 20 \| SBICARD	Credit Services	3%	₹251 Cr	3,893,792
IndusInd Bank Ltd (Financial Services) Equity, Since 31 May 19 \| INDUSINDBK	Banks - Regional	3%	₹220 Cr	2,164,124
HDFC Asset Management Co Ltd (Financial Services) Equity, Since 28 Feb 25 \| HDFCAMC	Asset Management	3%	₹201 Cr	766,488 ↑ 100,000
Aye Finance Ltd (Financial Services) Equity, Since 28 Feb 26 \| AYE	Credit Services	2%	₹195 Cr	10,854,762 ↑ 1,450,000

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Fund Managers

Name	Since	Tenure
Vinay Sharma	9 Apr 18	8.4 Yr.
Kinjal Desai	25 May 18	8.28 Yr.
Bhavik Dave	18 Jun 21	5.21 Yr.
Amber Singhania	11 Mar 26	0.48 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	₹64.8522 ↑ 0.08	-0.46 %	-3.55 %	9.27 %	10.37 %
Nippon India Banking Fund Normal Dividend, Reinvestment	₹64.8522 ↑ 0.08	-0.46 %	-3.55 %	9.27 %	10.37 %
Nippon India Banking Fund Growth	₹611.64 ↑ 0.77	-0.46 %	-2.91 %	9.97 %	10.96 %
Data as on 12 Oct 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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