- Mutual Funds
- Nippon Mutual Fund
- Nippon India Banking & Financial Services Fund Bonus (PIDCW-A)
Formerly Nippon India Banking Bns
Nippon India Banking & Financial Services Fund Bonus (PIDCW-A)
₹ 465.4301
NAV (Oct 03)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 465.4301
NAV (Oct 3)
Fund Returns
Last 1Y | 26.9% |
Last 3Y | 33.8% |
Last 5Y | 13.9% |
Last 10Y | 18% |
Since Inception | 20.8% |
6 Month CAGR | 23.6% |
Scheme Information
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 & Financial services 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.
Expense Ratio | 1.95 |
Launched (20y ago) | May 26, 2003 |
AUM in Crores | 4487.065 |
ISIN | INF204K01919 |
Lock-in | No Lock-in |
Benchmark | IISL Nifty Financial Services TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 21.2 |
Standard Deviation (5yr) | 28.9 |
Beta (3yr) | 0.92 |
Beta (5yr) | 1.08 |
Sharpe Ratio (3yr) | 1.259 |
Sharpe Ratio (5yr) | 0.436 |
YTM | 0 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Nippon India Banking & Financial Services Fund Bonus (PIDCW-A) | 10,34,259 | 3,01,647 | 13.9% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Stock Holdings
Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 11,862 cr | ||
₹ 11,197 cr | ||
₹ 17,630 cr | ||
₹ 10,089 cr | ||
₹ 9,392 cr |
About the AMC
Nippon Life India Asset Management Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.8% | 6.8% | ||
4.8% | 6.6% | ||
4.8% | 5.6% | ||
4.8% | 6.6% | ||
4.8% | 5.6% |
Nippon India Banking & Financial Services Fund Bonus (PIDCW-A) Review
Nippon India Banking & Financial Services Fund Bonus (PIDCW-A) is a Sectoral / Thematic - Bfsi Equity fund and has delivered an annualised return of 20.8% over a period of 20 years. The fund was previously known as Nippon India Banking Bns. The fund is managed by Nippon Life India Asset Management Ltd. The fund managers are Akshay Sharma, Bhavik Dave, Kinjal Desai, Vinay Sharma.
Nav of Nippon India Banking & Financial Services Fund Bonus (PIDCW-A) as of 10/3/2023 is ₹465.43 with the total AUM as of 10/4/2023 is ₹4487.065. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Banking & Financial Services Fund Bonus (PIDCW-A) was launched on May 26, 2003. The category risk of the fund is Very High Risk.
The minimum SIP amount for Nippon India Banking & Financial Services Fund Bonus (PIDCW-A) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Nippon India Banking & Financial Services Fund Bonus (PIDCW-A) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to IISL Nifty Financial Services TR INR.
Nippon India Banking & Financial Services Fund Bonus (PIDCW-A) is rated as a 4 fund in Equity and delivered 26.9% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Nippon India Banking & Financial Services Fund Bonus (PIDCW-A).
Frequently Asked Questions
What is Nippon India Banking & Financial Services Fund Bonus (PIDCW-A)?
How to invest in Nippon India Banking & Financial Services Fund Bonus (PIDCW-A)?
You can invest in Nippon India Banking & Financial Services Fund Bonus (PIDCW-A) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Nippon India Banking & Financial Services Fund Bonus (PIDCW-A)?
The minimum sip amount for Nippon India Banking & Financial Services Fund Bonus (PIDCW-A) is ₹0. You can invest in multiples of ₹5000.
Is Nippon India Banking & Financial Services Fund Bonus (PIDCW-A) good to invest in?
As per Scripbox experts, Nippon India Banking & Financial Services Fund Bonus (PIDCW-A) is a Top Ranked fund. You can investNippon India Banking & Financial Services Fund Bonus (PIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Nippon India Banking & Financial Services Fund Bonus (PIDCW-A)?
The expense ratio of the Nippon India Banking & Financial Services Fund Bonus (PIDCW-A) is 1.95% for regular plan.