Nippon India Banking Fund - G

NAV ₹629.204 ↑ 2.33 (0.37 %) as on 9 Oct 25

📑 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 20.3% 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 9 Oct 25	₹629.204 ↑ 2.33 (0.37 %)
Net Assets (AUM) as on 31 Aug 2025	₹6,990 Cr.
Launch Date	26 May 2003
Category	Equity - Sectoral
Rating	☆☆☆
Type	Open Ended Fund
Risk	High
AMC	Nippon Life Asset Management Ltd.

Alpha Ratio	-4.87
Expense Ratio	1.89 %
Sharpe Ratio	-0.116
Information Ratio	0.64
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 9 Oct 25

Duration	Returns
1 Month	3.3%
3 Month	-1.8%
6 Month	12.4%
1 Year	9%
3 Year	18.2%
5 Year	24.7%
10 Year
15 Year
Since launch	20.3%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

Year	Returns
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

Date	Value
30 Sep 20	₹10,000
30 Sep 21	₹18,342
30 Sep 22	₹19,306
30 Sep 23	₹23,931
30 Sep 24	₹30,842
30 Sep 25	₹31,705

Nippon India Banking Fund Growth 10k Chart

Asset Allocation

Asset Class	Value
Cash	1.8%
Equity	98.2%

Sector Allocation

Sector	Value
Financial Services	95.46%
Technology	2.75%

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	17%	₹1,183 Cr	12,429,320
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 09 \| ICICIBANK	Banks - Regional	16%	₹1,101 Cr	7,874,587
Axis Bank Ltd (Financial Services) Equity, Since 30 Jun 17 \| AXISBANK	Banks - Regional	9%	₹638 Cr	6,100,228
State Bank of India (Financial Services) Equity, Since 31 Mar 14 \| SBIN	Banks - Regional	7%	₹489 Cr	6,092,664
SBI Life Insurance Co Ltd (Financial Services) Equity, Since 30 Nov 20 \| SBILIFE	Insurance - Life	4%	₹304 Cr	1,685,031
SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services) Equity, Since 31 Jul 20 \| SBICARD	Credit Services	3%	₹238 Cr	2,962,545 ↑ 241,718
Bajaj Finserv Ltd (Financial Services) Equity, Since 31 Oct 23 \| BAJAJFINSV	Financial Conglomerates	3%	₹219 Cr	1,146,038
The Federal Bank Ltd (Financial Services) Equity, Since 30 Nov 04 \| FEDERALBNK	Banks - Regional	3%	₹219 Cr	11,405,824 ↑ 1,000,000
Max Financial Services Ltd (Financial Services) Equity, Since 31 Oct 12 \| MFSL	Insurance - Life	3%	₹194 Cr	1,211,634
Bank of Baroda (Financial Services) Equity, Since 30 Apr 25 \| BANKBARODA	Banks - Regional	3%	₹188 Cr	8,093,554

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Fund Managers

Name	Since	Tenure
Vinay Sharma	9 Apr 18	7.4 Yr.
Kinjal Desai	25 May 18	7.28 Yr.
Bhavik Dave	18 Jun 21	4.21 Yr.

Custodians

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

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	₹72.0949 ↑ 0.27	12.4 %	8.31 %	17.36 %	24.25 %
Nippon India Banking Fund Normal Dividend, Reinvestment	₹72.0949 ↑ 0.27	12.4 %	8.31 %	17.36 %	24.25 %
Nippon India Banking Fund Growth	₹629.204 ↑ 2.33	12.4 %	9 %	18.16 %	24.75 %
Data as on 9 Oct 25

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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