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Nippon India Banking Fund Direct Growth

Equity
Sectoral / Thematic
Very High Risk
75.92%
1Y return
+0.75% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 29 Jul 2021₹361.08
Min. SIP Amount₹100
Rating2star
Fund Size₹3,011.81 Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become 0 (0.00%)

Returns and rankings

Category: Equity Sectoral / Thematic
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns75.9%7.8%13.1%13.4%
Category average56.1%9.1%12.0%NA
Rank with in category1107NA
Understand termsinfo

Holdings (28)

NameSectorInstrumentAssets
HDFC Bank Ltd.FinancialEquity15.9%
ICICI Bank Ltd.FinancialEquity14.6%
State Bank of India
FinancialEquity10.8%
Axis Bank Ltd.FinancialEquity9.8%
The Federal Bank Ltd.FinancialEquity4.4%
SBI Life Insurance Company Ltd.FinancialEquity4.3%
Bank Of BarodaFinancialEquity4.2%
SBI Cards & Payments Services Ltd.
FinancialEquity3.1%
Max Financial Services Ltd.FinancialEquity2.8%
Angel Broking Ltd.FinancialEquity2.8%
See All

Expense ratio, exit load and tax

Expense ratio: 1.39%

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

Minimum investment amounts

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

Fund management

Vinay Sharma
Apr 2018 - Present
View Details
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Bhavik Dave
Jun 2021 - Present
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Fund house & investment objective

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Fund house contact details

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