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  • Nippon Mutual Fund
  • Nippon India Banking & Financial Services Fund Bonus (PIDCW-A)

Formerly Nippon India Banking Bns

Nippon Mutual Fund

Nippon India Banking & Financial Services Fund Bonus (PIDCW-A)

EquitySectoral / Thematic - Bfsi
Top Ranked

540.4089

NAV (Jun 12)

12.9%
5 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within sectoral / thematic - bfsi mutual funds.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Category Leader

The fund has been a Category Leader on the Fund Size metric

Outperformance Consistency

Category Leader

The fund has been a Category Leader on the Outperformance Consistency metric

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

NAV ()

Fund Returns

Last 1Y
NA
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
NA
6 Month CAGR
NA

Scheme Information

Investment 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 & 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
1.9
Launched (21y ago)
May 26, 2003
AUM in Crores
5462.713
ISIN
INF204K01919
Lock-in
No Lock-in
Benchmark
Nifty Financial Services TR INR
SIP Minimum
0
Lumpsum Min.
5000
Standard Deviation (3yr)
14.8
Standard Deviation (5yr)
28.3
Beta (3yr)
0.85
Beta (5yr)
1.08
Sharpe Ratio (3yr)
0.768
Sharpe Ratio (5yr)
0.372
YTM
0
Fund Managers

Kinjal Desai

Fund Manager

Vinay Sharma

Fund Manager

Bhavik Dave

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Nippon India Banking & Financial Services Fund Bonus (PIDCW-A)70%10,07,720 2,75,10812.9%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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

Last updated on 2024-06-12

Top Stock Holdings

hdfc bank ltd

18.7%
18.7%

icici bank ltd

16.2%
16.2%

axis bank ltd

9.4%
9.4%

state bank of india

5.9%
5.9%

kotak mahindra bank ltd

5.1%
5.1%
See all holdings

Allocation by Sector

financial services

96.9%
96.9%

technology

1.6%
1.6%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
HDFC Large and Mid Cap Fund (G)
HDFC Large and Mid Cap Fund (G)

₹ 19,454 cr

₹ 15,161 cr

₹ 22,620 cr

₹ 55,459 cr

₹ 42,669 cr

amc-img

About the AMC

Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd manages assets worth 380,402 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 105 equity,425 debt and 71 hybrid funds.amc-img
phone-img022-33031000
Fund NameScripbox Opinion
Till Date CAGR

5.7%

6.9%

5.7%

6.7%

5.7%

5.8%

5.7%

6.7%

5.7%

5.8%

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 20.9% over a period of 21 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 Bhavik Dave, Kinjal Desai, Vinay Sharma.

Nav of Nippon India Banking & Financial Services Fund Bonus (PIDCW-A) as of 6/12/2024 is ₹540.41 with the total AUM as of 6/13/2024 is ₹5462.713. 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 Nifty Financial Services TR INR.

Nippon India Banking & Financial Services Fund Bonus (PIDCW-A) is rated as a 4 fund in Equity and delivered 25% 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)?

Nippon India Banking & Financial Services Fund Bonus (PIDCW-A) is a Sectoral / Thematic - Bfsi Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

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 1.9% for regular plan.