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Nippon India Banking & Financial Services Fund Direct Growth

Equity
Sectoral / Thematic
Very High Risk
17.60%
3Y annualised
+0.56% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 22 Oct 2021₹399.88
Min. SIP amount₹100
Rating2star
Fund size₹3,144.35 Cr

Returns and rankings

Category: Equity Sectoral / Thematic
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns81.3%17.6%13.9%14.3%
Category average56.1%9.1%12.0%NA
Rank with in category1108NA
Understand termsinfo

Holdings (28)

NameSectorInstrumentAssets
FinancialEquity15.4%
FinancialEquity13.7%
State Bank of India
FinancialEquity9.6%
FinancialEquity9.3%
SBI Cards & Payments Services Ltd.
FinancialEquity4.4%
FinancialEquity4.3%
FinancialEquity3.9%
FinancialEquity3.8%
FinancialEquity3.5%
FinancialEquity3.3%
See All

Pros and cons

info
Category: Equity Sectoral / Thematic
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Pros

Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Lower expense ratio: 1.38%
1Y category rank: 1
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Cons

Low rating: 2

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 investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹100

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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