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Nippon India Banking Fund - G

NAV  ₹612.498 ↓ -4.93  (-0.80 %) as on 8 Aug 25

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 20.4% since its launch.  Ranked 15 in Sectoral category.  Return for 2024 was 10.3% , 2023 was 24.2% and 2022 was 20.7% .

Below is the key information for Nippon India Banking Fund

NAV as on 8 Aug 25₹612.498 ↓ -4.93  (-0.80 %)
Net Assets (AUM) as on 30 Jun 2025 ₹7,487 Cr.
Launch Date26 May 2003
CategoryEquity - Sectoral
Rating
TypeOpen Ended Fund
RiskHigh
AMCNippon Life Asset Management Ltd.
Alpha Ratio-1.01
Expense Ratio1.94 %
Sharpe Ratio0.742
Information Ratio0.9
BenchmarkNot Available
Min Investment ₹5,000
Min SIP Investment ₹100
Exit Load 0-1 Years (1%),1 Years and above(NIL)

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 8 Aug 25

DurationReturns
1 Month -4.4%
3 Month 1.7%
6 Month 9.1%
1 Year 10.6%
3 Year 18.6%
5 Year 25.8%
10 Year
15 Year
Since launch 20.4%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2024 10.3%
2023 24.2%
2022 20.7%
2021 29.7%
2020 -10.6%
2019 10.7%
2018 -1.2%
2017 44.1%
2016 11.5%

Growth of 10k Over Years

DateValue
31 Jul 20₹10,000
31 Jul 21₹17,713
31 Jul 22₹19,070
31 Jul 23₹23,980
31 Jul 24₹29,699
31 Jul 25₹32,490
Nippon India Banking Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash3.04%
Equity96.96%
Nippon India Banking Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services94.51%
Technology2.45%
Nippon India Banking Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
Banks - Regional18%₹1,324 Cr6,614,660
↓ -750,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | 532174
Banks - Regional14%₹1,043 Cr7,215,358
↓ -200,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | 532215
Banks - Regional9%₹696 Cr5,800,228
State Bank of India (Financial Services)
Equity, Since 31 Mar 14 | SBIN
Banks - Regional5%₹398 Cr4,848,932
SBI Life Insurance Co Ltd (Financial Services)
Equity, Since 30 Nov 20 | SBILIFE
Insurance - Life4%₹310 Cr1,685,031
↑ 60,000
SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Jul 20 | SBICARD
Credit Services3%₹259 Cr2,720,827
IndusInd Bank Ltd (Financial Services)
Equity, Since 31 May 19 | INDUSINDBK
Banks - Regional3%₹239 Cr2,744,975
Bajaj Finserv Ltd (Financial Services)
Equity, Since 31 Oct 23 | 532978
Financial Conglomerates3%₹236 Cr1,146,038
Cholamandalam Financial Holdings Ltd (Financial Services)
Equity, Since 30 Apr 19 | CHOLAHLDNG
Credit Services3%₹219 Cr1,012,694
↓ -50,000
Bank of Baroda (Financial Services)
Equity, Since 30 Apr 25 | 532134
Banks - Regional3%₹201 Cr8,093,554
↑ 1,500,000
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Fund Managers

NameSinceTenure
Vinay Sharma9 Apr 187.32 Yr.
Kinjal Desai25 May 187.19 Yr.
Bhavik Dave18 Jun 214.12 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Ltd
Address138 -Suyesh Solitaire, Nr. Podar International School,Kudasan, Gandhinagar, Gujarat
FAXN.A
EmailN.A

Administrator Companies

CompanyAddress
Nippon India Mutual Fund9th Floor, Crescenzo, C-38 & 39,,G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051

Auditors

CompanyAddress
Haribhakti & Co. Chartered Accountants42, Free Press House,4th Floor,,215, Nariman Point,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Nippon India Banking Fund
Normal Dividend, Payout
₹70.181
↓ -0.56
9.1 %9.85 %17.77 %25.33 %
Nippon India Banking Fund
Normal Dividend, Reinvestment
₹70.181
↓ -0.56
9.1 %9.85 %17.77 %25.33 %
Nippon India Banking Fund
Growth
₹612.498
↓ -4.93
9.1 %10.55 %18.56 %25.84 %
Data as on 8 Aug 25

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