Home>Mutual Funds>Nippon India Mutual Fund>Nippon India Banking & Financial Services Fund Direct Bonus

Nippon India Banking & Financial Services Fund Direct Bonus

Equity
Sectoral / Thematic
Very High Risk
78.62%
1Y return
+1.63% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 16 Sep 2021₹382.82
Min. SIP amountNA
Rating2star
Fund size₹3,142.26 Cr

Returns and rankings

Category: Equity Sectoral / Thematic
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns78.6%9.7%13.1%13.9%
Category average56.1%9.1%12.0%NA
Rank with in category1118NA
Understand termsinfo

Holdings (28)

NameSectorInstrumentAssets
FinancialEquity15.9%
FinancialEquity14.6%
State Bank of India
FinancialEquity10.8%
FinancialEquity9.8%
FinancialEquity4.4%
FinancialEquity4.3%
FinancialEquity4.2%
SBI Cards & Payments Services Ltd.
FinancialEquity3.1%
FinancialEquity2.8%
FinancialEquity2.8%
See All

Pros and cons

info
Category: Equity Sectoral / Thematic
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Pros

1Y Returns are higher than the category average returns
5Y Returns are higher than the category average returns
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Cons

3Y Returns are lower than the category average returns

Expense ratio, exit load and tax

Expense ratio: 1.38%

Inclusive of GST

Exit load

Exit load of 1%, if redeemed within 1 month.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand termsinfo
Check past data

Minimum investment amounts

Min. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

Fund management

Bhavik Dave
Jun 2021 - Present
View details
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Fund house & investment objective

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Fund house contact details

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