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Fincash » Mutual Funds » Reliance Banking Fund

Nippon India Banking Fund - G

NAV  ₹188.959 ↓ -2.70  (-1.41 %) as on 3 Aug 20

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 18.6% since its launch.  Ranked 15 in Sectoral category.  Return for 2019 was 10.7% , 2018 was -1.2% and 2017 was 44.1% .

Below is the key information for Nippon India Banking Fund

NAV as on 3 Aug 20₹188.959 ↓ -2.70  (-1.41 %)
Net Assets (AUM) as on 30 Jun 2020 ₹1,972 Cr.
Launch Date26 May 2003
CategoryEquity - Sectoral
Rating
TypeOpen Ended Fund
RiskHigh
AMCNippon Life Asset Management Ltd.
Alpha Ratio-1.76
Expense Ratio2.2 %
Sharpe Ratio-0.71
Information Ratio-0.78
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 3 Aug 20

DurationReturns
1 Month -1.6%
3 Month 4.4%
6 Month -31.5%
1 Year -28.2%
3 Year -10.3%
5 Year 0.4%
10 Year
15 Year
Since launch 18.6%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2019 10.7%
2018 -1.2%
2017 44.1%
2016 11.5%
2015 -6%
2014 64.9%
2013 -10.4%
2012 60.5%
2011 -32%

Growth of 10k Over Years

DateValue
31 Jul 15₹10,000
31 Jul 16₹10,380
31 Jul 17₹14,378
31 Jul 18₹15,174
31 Jul 19₹14,671
31 Jul 20₹10,410
Nippon India Banking Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash8.6%
Equity91.4%
Nippon India Banking Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services91.4%
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 - Regional17%₹330 Cr3,100,000
↑ 200,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
Banks - Regional13%₹265 Cr7,553,830
↓ -500,000
State Bank of India (Financial Services)
Equity, Since 31 Mar 14 | SBIN
Banks - Regional8%₹161 Cr9,030,830
↑ 1,000,000
Triparty Repo
CBLO/Reverse Repo | -
8%₹152 Cr
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | 532215
Banks - Regional7%₹128 Cr3,155,216
↑ 600,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Dec 19 | KOTAKBANK
Banks - Regional5%₹93 Cr684,524
↓ -50,000
The Federal Bank Ltd (Financial Services)
Equity, Since 30 Nov 04 | FEDERALBNK
Banks - Regional4%₹88 Cr17,166,730
↓ -1,000,000
Bajaj Finserv Ltd (Financial Services)
Equity, Since 30 Sep 18 | 532978
Insurance - Diversified3%₹66 Cr113,700
↓ -124,189
Bank of Baroda (Financial Services)
Equity, Since 31 Jul 18 | 532134
Banks - Regional3%₹65 Cr13,362,608
Max Financial Services Ltd (Financial Services)
Equity, Since 31 Oct 12 | 500271
Insurance - Life3%₹63 Cr1,164,722
1 - 10 of 31
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Fund Managers

NameSinceTenure
Vinay Sharma9 Apr 182.23 Yr.
Kinjal Desai25 May 182.1 Yr.

Custodians

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

Registrar & Transfer Agent

KFin Technologies Private Limited
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
FAX91-40-23311968
Emailmailmanager@karvy.com

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
₹31.0581
↓ -0.44
-32.18 %-28.96 %-10.86 %-0.04 %
Nippon India Banking Fund
Normal Dividend, Reinvestment
₹31.0581
↓ -0.44
-32.18 %-28.96 %-10.86 %-0.04 %
Nippon India Banking Fund
Growth
₹188.959
↓ -2.70
-31.5 %-28.25 %-10.26 %0.37 %
Data as on 3 Aug 20

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