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OmniAsset › Mutual funds › Nippon India Banking & Financial Services Fund

Nippon India Banking & Financial Services Fund

Sectoral / Thematic fund benchmarked to Nifty Financial Services Index TRI. Every figure below is read from one dated snapshot; what the snapshot cannot prove is left out, never estimated.

Latest NAV2 Sep 2026705.6511
CategorySectoral / Thematic
PlanDirect · Growth
Launched8 May 2003
Risk labelthe scheme's own riskometerVery High
Legal benchmarkSEBI Tier-1Nifty Financial Services Index TRI
Expense ratiodirect plan, a year · stated maximum, from the scheme document1.05%
AUM₹1,456 Cr
Growth of ₹10,000₹18,7612 Sep 2021 to 2 Sep 2026
₹19,746₹17,006₹14,267₹11,528₹8,789Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹18,761 (+13.4% a year) Nippon India Banking & Financial Services Fund

Performance (trailing, annualised)

1Y annualised6.90%
3Y annualised12.76%
5Y annualised13.41%
10Y annualised13.03%

Point-to-point from the fund's own published NAV; a period the history does not span is left out.

SIP returns

SIP 1Y (₹10,000 a month)invested ₹1,20,000 → worth ₹1,21,5302.36%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹4,08,5818.39%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹8,28,60612.87%

₹10,000 on the first of every month, valued at the latest NAV, as an annualised rate (XIRR).

Calendar years

Calendar 202130.66%
Calendar 202221.75%
Calendar 202325.11%
Calendar 202411.25%
Calendar 202518.39%

Rolling returns

Rolling 1Y · average653 windows since 6 Jan 201419.09%
Rolling 1Y · median14.89%
Rolling 1Y · worst window-49.67%
Rolling 1Y · best window108.93%
Rolling 1Y · windows positive82%
Rolling 3Y · average551 windows since 4 Jan 201615.76%
Rolling 3Y · median16.26%
Rolling 3Y · worst window-14.16%
Rolling 3Y · best window42.27%
Rolling 3Y · windows positive93%
Rolling 5Y · average448 windows since 3 Jan 201814.72%
Rolling 5Y · median14.37%
Rolling 5Y · worst window-2.73%
Rolling 5Y · best window32.82%
Rolling 5Y · windows positive99%

Every window of that length in the published history, so one lucky start date cannot flatter the fund.

Risk

Volatility (3Y)15.33%
Downside deviation (3Y)10.86%
Maximum drawdown-16.67%

Management

Fund managerVinay Sharma, Bhavik Dave
Managing since3 Sep 2026

What it holds

SecurityWeight
ICICI Bank Limited13.9%
HDFC Bank Limited13.2%
Axis Bank Limited8.6%
State Bank of India5.6%
Kotak Mahindra Bank Limited3.6%
Bajaj Finserv Limited3.3%
SBI Cards and Payment Services Limited3.3%
SBI Life Insurance Company Limited3.2%
IndusInd Bank Limited2.8%
Cholamandalam Financial Holdings Limited2.5%
SectorWeight
Banks51.8%
Finance22.3%
Insurance10.9%
Capital Markets10.1%
Financial Technology (Fintech)3.2%

Portfolio disclosed: 98.3% by weight.

Related

Source: the OmniAsset signed reference snapshot, as of 4 Sep 2026. Figures are deterministic; missing data is withheld, never estimated. See methodology and data sources. Not investment advice.

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