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Fincash » Mutual Funds » Reliance Banking Fund

Nippon India Banking Fund - G

NAV  ₹292.111 ↓ -2.99   (-1.01 %) as on 21 Jan 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 22.5% 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 21 Jan 20₹292.111 ↓ -2.99   (-1.01 %)
Net Assets (AUM) as on 31 Dec 2019 ₹3,132 Cr.
Launch Date26 May 2003
CategoryEquity - Sectoral
Rating
TypeOpen Ended Fund
RiskHigh
AMCNippon Life Asset Management Ltd.
Alpha Ratio-8.22
Expense Ratio2.2 %
Sharpe Ratio0.412
Information Ratio-0.68
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 21 Jan 20

DurationReturns
1 Month -0.7%
3 Month 11.6%
6 Month 3.6%
1 Year 10.6%
3 Year 14.4%
5 Year 8.9%
10 Year
15 Year
Since launch 22.5%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 10.7%
2017 -1.2%
2016 44.1%
2015 11.5%
2014 -6%
2013 64.9%
2012 -10.4%
2011 60.5%
2010 -32%

Growth of 10k Over Years

DateValue
31 Dec 14₹10,000
31 Dec 15₹9,398
31 Dec 16₹10,479
31 Dec 17₹15,103
31 Dec 18₹14,920
31 Dec 19₹16,518
Nippon India Banking Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash4.92%
Equity94.79%
Other0.3%
Nippon India Banking Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services94.79%
Nippon India Banking Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
16%₹497 Cr9,687,130
↓ -400,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 08 | HDFCBANK
12%₹370 Cr2,900,000
↓ -250,000
State Bank of India (Financial Services)
Equity, Since 31 Mar 14 | SBIN
10%₹326 Cr9,530,830
Bajaj Finserv Ltd (Financial Services)
Equity, Since 30 Sep 18 | 532978
7%₹213 Cr233,959
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | 532215
6%₹185 Cr2,505,216
↓ -100,000
The Federal Bank Ltd (Financial Services)
Equity, Since 30 Nov 04 | FEDERALBNK
5%₹173 Cr19,422,030
Bank of Baroda (Financial Services)
Equity, Since 31 Jul 18 | 532134
5%₹158 Cr15,062,608
RBL Bank Ltd (Financial Services)
Equity, Since 31 Jul 19 | RBLBANK
4%₹124 Cr3,303,000
↓ -1,000,000
Canara Bank (Financial Services)
Equity, Since 30 Jun 18 | 532483
3%₹110 Cr4,829,213
↓ -500,000
Triparty Repo
CBLO/Reverse Repo | -
3%₹110 Cr
1 - 10 of 31
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Fund Managers

NameSinceTenure
Vinay Sharma9 Apr 181.48 Yr.
Kinjal Desai25 May 181.35 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
₹52.607
↓ -0.54
3.58 %9.49 %14.02 %8.63 %
Nippon India Banking Fund
Normal Dividend, Reinvestment
₹52.607
↓ -0.54
3.58 %9.49 %14.02 %8.63 %
Nippon India Banking Fund
Growth
₹292.111
↓ -2.99
3.58 %10.63 %14.42 %8.95 %
Data as on 21 Jan 20

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