- Mutual Funds
- Nippon India Mutual Fund
- Nippon India Nifty Bank Index Fund (G)
Nippon India Nifty Bank Index Fund (G)
₹ 11.06
NAV (Oct 30)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 11.06
NAV (Oct 30)
Fund Returns
Last 1Y | NA |
Last 3Y | NA |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 11.7% |
6 Month CAGR | 6.3% |
Scheme Information
The scheme seeks to provide investment returns that commensurate to the total returns of the securities as represented by the Nifty Bank Index before expenses, subject to tracking errors.
Expense Ratio | 0.83% |
Launched <1Y | 2024-02-22 |
AUM in Crores | 127.6 |
ISIN | INF204KC1BV8 |
Lock-in (days) | No Lock-in |
Benchmark | NIFTY Bank Total Return Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | - |
Standard Deviation | - |
Beta | - |
Sharpe Ratio | - |
YTM | - |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Nippon India Nifty Bank Index Fund (G) | NaN | NaN | NaN% | |
| 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
HDFC Bank Ltd.
27.36%ICICI Bank Ltd.
23.87%State Bank of India
10.45%Kotak Mahindra Bank Ltd.
10.24%Axis Bank Ltd.
9.26%Allocation by Sector
Financial
99.77%Comparison with Equity Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 26,417 cr | ||
₹ 24,508 cr | ||
₹ 66,206 cr | ||
₹ 51,197 cr | ||
₹ 17,770 cr |
About the AMC
Nippon India Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
6% | 6.9% | ||
7% | 8.8% | ||
16.4% | 20.9% | ||
20.1% | 13.4% | ||
16.5% | 8.6% |
Nippon India Nifty Bank Index Fund (G) Review
Nippon India Nifty Bank Index Fund (G) is a Index Funds Equity fund and has delivered an annualised return of 11.7%. The fund is managed by Nippon India Mutual Fund. The fund manager’s name is Himanshu Mange.
Nav of Nippon India Nifty Bank Index Fund (G) as of 10/30/2024 is ₹11.06 with the total AUM as of 10/31/2024 is ₹127.64. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Nifty Bank Index Fund (G) was launched on 2024-02-22. The category risk of the fund is Very High.
The minimum SIP amount for Nippon India Nifty Bank Index Fund (G) is ₹1000 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 Nifty Bank Index Fund (G) 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 Bank Total Return Index.
Scripbox provides a compare mutual funds research tool to view a detailed comparison with Nippon India Nifty Bank Index Fund (G).
Frequently Asked Questions
What is Nippon India Nifty Bank Index Fund (G)?
How to invest in Nippon India Nifty Bank Index Fund (G)?
You can invest in Nippon India Nifty Bank Index Fund (G) 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 Nifty Bank Index Fund (G)?
The minimum sip amount for Nippon India Nifty Bank Index Fund (G) is ₹1000. You can invest in multiples of ₹5000.
What is the expense ratio of the Nippon India Nifty Bank Index Fund (G)?
The expense ratio of the Nippon India Nifty Bank Index Fund (G) is 0.83% for regular plan.
What is the NAV of Nippon India Nifty Bank Index Fund (G)?
Today's Nippon India Nifty Bank Index Fund (G) NAV is ₹11.06.