Table of Contents 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 Below is the key information for Nippon India Banking Fund Returns up to 1 year are on Historical performance (Yearly) on absolute basis Nippon India Banking Fund - G
Scheme Objective
CAGR
return of 20.7% since its launch. Ranked 15 in Sectoral
category. Return for 2024 was 10.3% , 2023 was 24.2% and 2022 was 20.7% . NAV as on 15 Jul 25 ₹640.82 ↑ 2.53 (0.40 %) Net Assets (AUM) as on 31 May 2025 ₹7,160 Cr. Launch Date 26 May 2003 Category Equity - Sectoral Rating ☆☆☆ Type Open Ended Fund Risk High AMC Nippon Life Asset Management Ltd. Alpha Ratio -2.24 Expense Ratio 1.94 % Sharpe Ratio 0.922 Information Ratio 0.82 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
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 15 Jul 25 Duration Returns 1 Month 2.2% 3 Month 9.8% 6 Month 17.4% 1 Year 12.1% 3 Year 23.9% 5 Year 27.7% 10 Year 15 Year Since launch 20.7% Historical Annual Returns
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 Jun 20 ₹10,000 30 Jun 21 ₹17,640 30 Jun 22 ₹17,153 30 Jun 23 ₹23,776 30 Jun 24 ₹29,927 30 Jun 25 ₹34,578 Asset Allocation
Asset Class Value Cash 1.61% Equity 98.39% Sector Allocation
Sector Value Financial Services 95.9% Technology 2.48% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANKBanks - Regional 20% ₹1,432 Cr 7,364,660
↓ -200,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANKBanks - Regional 15% ₹1,072 Cr 7,415,358 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | AXISBANKBanks - Regional 10% ₹692 Cr 5,800,228 State Bank of India (Financial Services)
Equity, Since 31 Mar 14 | SBINBanks - Regional 6% ₹394 Cr 4,848,932 SBI Life Insurance Co Ltd (Financial Services)
Equity, Since 30 Nov 20 | SBILIFEInsurance - Life 4% ₹294 Cr 1,625,031
↑ 324,861 SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Jul 20 | SBICARDCredit Services 4% ₹251 Cr 2,720,827 Bajaj Finserv Ltd (Financial Services)
Equity, Since 31 Oct 23 | BAJAJFINSVFinancial Conglomerates 3% ₹231 Cr 1,146,038 IndusInd Bank Ltd (Financial Services)
Equity, Since 31 May 19 | INDUSINDBKBanks - Regional 3% ₹224 Cr 2,744,975 Cholamandalam Financial Holdings Ltd (Financial Services)
Equity, Since 30 Apr 19 | CHOLAHLDNGCredit Services 3% ₹198 Cr 1,062,694 Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Nov 23 | BAJFINANCECredit Services 3% ₹184 Cr 200,943
Talk to our investment specialistFund Managers
Name Since Tenure Vinay Sharma 9 Apr 18 7.23 Yr. Kinjal Desai 25 May 18 7.1 Yr. Bhavik Dave 18 Jun 21 4.04 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 ₹73.4261
↑ 0.29 16.62 % 11.38 % 23.12 % 27.22 % Nippon India Banking Fund
Normal Dividend, Reinvestment ₹73.4261
↑ 0.29 16.62 % 11.38 % 23.12 % 27.22 % Nippon India Banking Fund
Growth ₹640.82
↑ 2.53 17.37 % 12.09 % 23.95 % 27.74 % Data as on 15 Jul 25