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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 2026102.4909
CategorySectoral / Thematic
PlanDirect · Idcw
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₹18.4 Cr
Growth of ₹10,000₹13,9522 Sep 2021 to 2 Sep 2026
₹15,629₹13,851₹12,073₹10,295₹8,518Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹13,952 (+6.9% a year) Nippon India Banking & Financial Services Fund

Performance (trailing, annualised)

1Y annualised-0.84%
3Y annualised5.37%
5Y annualised6.89%
10Y annualised5.70%

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 ₹1,17,889-3.23%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,66,1571.10%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹6,90,4335.55%

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

Calendar years

Calendar 202124.20%
Calendar 202218.00%
Calendar 202317.65%
Calendar 20245.02%
Calendar 202510.32%

Rolling returns

Rolling 1Y · average653 windows since 6 Jan 201411.02%
Rolling 1Y · median6.72%
Rolling 1Y · worst window-53.07%
Rolling 1Y · best window98.60%
Rolling 1Y · windows positive70%
Rolling 3Y · average551 windows since 4 Jan 20167.97%
Rolling 3Y · median8.33%
Rolling 3Y · worst window-20.69%
Rolling 3Y · best window35.64%
Rolling 3Y · windows positive87%
Rolling 5Y · average448 windows since 3 Jan 20187.05%
Rolling 5Y · median7.10%
Rolling 5Y · worst window-10.46%
Rolling 5Y · best window25.80%
Rolling 5Y · windows positive91%

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

Risk

Volatility (3Y)17.05%
Downside deviation (3Y)13.16%
Maximum drawdown-21.98%

Management

Fund managerVinay Sharma, Bhavik Dave
Managing since3 Sep 2026

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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