Nippon India Banking & Financial Services Fund
Nippon India Mutual FundEquity: Sectoral / ThematicRegular planIDCW
Overview
NAV
₹64.7707
Gain 0.99% 1-day changeData as of 9 Oct 2026
- 1 year
- Loss 10.2%
- 3 years
- Gain 1.4%
- 5 years
- Gain 3.0%
The principal will be at Very High risk
Data as of 9 Oct 2026Source: amfiHow we calculatePast performance may or may not be sustained in future. Returns shown are not an indication of future returns.
Trailing returns
Periods under 1 year show absolute return. 1 year and longer show CAGR (annualised).
| Period | This fund | Nifty Bank TRI | Category average |
|---|---|---|---|
| 1 month | Loss 3.99% | Loss 1.85% | Loss 4.44% |
| 3 months | Loss 6.00% | Loss 3.31% | Loss 2.46% |
| 6 months | Loss 0.46% | Gain 1.46% | Gain 5.91% |
| 1 year | Loss 10.16% | Loss 1.02% | Gain 0.97% |
| 3 years | Gain 1.43% | Gain 8.82% | Gain 12.50% |
| 5 years | Gain 3.02% | Gain 8.76% | Gain 10.56% |
| 7 years | Gain 4.70% | Gain 10.44% | Gain 16.06% |
| 10 years | Gain 2.69% | Gain 11.67% | Gain 12.77% |
| Since launch | Gain 6.87% | Gain 17.64% | Gain 9.97% |
SIP returns (XIRR)
XIRR of a monthly SIP over each period, valued at the latest NAV.
| Period | This fund | Nifty Bank TRI | Category average |
|---|---|---|---|
| 1 year | Loss 12.30% | Loss 4.80% | Gain 0.98% |
| 3 years | Loss 3.51% | Gain 4.67% | Gain 5.05% |
| 5 years | Gain 1.29% | Gain 7.89% | Gain 10.31% |
| 10 years | Gain 3.74% | Gain 10.57% | Gain 13.57% |
Calendar-year returns
Show as table
| Year | This fund | Nifty Bank TRI |
|---|---|---|
| 2026 (year to date) | ▼ −14.40% | ▼ −6.65% |
| 2025 | ▲ +8.13% | ▲ +18.08% |
| 2024 | ▲ +1.56% | ▲ +6.26% |
| 2023 | ▲ +13.95% | ▲ +13.29% |
| 2022 | ▲ +15.67% | ▲ +22.14% |
| 2021 | ▲ +21.27% | ▲ +13.90% |
| 2020 | ▼ −18.37% | ▼ −2.78% |
| 2019 | ▲ +0.76% | ▲ +18.94% |
| 2018 | ▼ −11.74% | ▲ +6.78% |
| 2017 | ▲ +30.01% | ▲ +41.41% |
Past performance may or may not be sustained in future. Returns shown are not an indication of future returns.
Rolling returns
Returns over every possible holding period since launch show the range of outcomes an investor could have had, not just one start date.
| Holding period | 1Y | 3Y | 5Y |
|---|---|---|---|
| Lowest | −54.65% | −22.87% | −12.79% |
| Median | 5.92% | 7.90% | 6.98% |
| Average | 11.20% | 7.96% | 6.64% |
| Highest | 139.52% | 41.08% | 26.38% |
| Periods with a loss | 36.9% | 18.1% | 13.2% |
| Periods above 8% | 47.3% | 49.3% | 42.4% |
| Periods above 10% | 44.3% | 40.2% | 26.4% |
| Periods above 12% | 41.7% | 32.1% | 16.8% |
| Number of periods | 4802 | 4313 | 3821 |
Distribution and comparison with the benchmark
Calculating…
Past performance may or may not be sustained in future. Returns shown are not an indication of future returns.
Risk measures (3 years)
Calculated on daily NAVs over the last 3 years. Tap ? for a plain-language explanation.
- Standard deviation
Standard deviation
How much the fund's returns swing around their average, per year. A higher number means a bumpier ride.
- 17.51%
- Sharpe ratio
Sharpe ratio
Return earned above a treasury-bill rate for each unit of ups and downs. Higher means more return for the risk taken.
- -0.19
- Sortino ratio
Sortino ratio
Like the Sharpe ratio, but it counts only the falls, not the rises. Higher is better.
- -0.24
- Beta
Beta
How much the fund tends to move when its benchmark moves. 1 means the same as the benchmark; below 1 means it moved less.
- 0.92
- Alpha
Alpha
Return per year above what the fund's beta would predict from the benchmark. Positive means the fund added value.
- ▼ −6.73%
- Maximum drawdown
Maximum drawdown
The deepest fall from a peak to a later low. It shows the worst loss an investor would have seen on paper.
- ▼ −22.33%
- Up-market capture
Up-market capture
How much of the benchmark's gains the fund caught in rising months. Above 100% means it rose more.
- 72.4%
- Down-market capture
Down-market capture
How much of the benchmark's losses the fund took in falling months. Below 100% means it fell less.
- 103.9%
Beta, alpha and capture ratios are measured against Nifty Bank TRI.
Fund facts
- Fund size (AUM)
- ₹7,452 Cr
- Expense ratio (TER)
- Not yet published for this plan
- Exit load
- Not available
- Minimum SIP
- ₹100
- Minimum lumpsum
- ₹5,000
- Launch date
- 8 May 2003
- Fund managers
- Vinay Sharma, Kinjal Desai, Bhavik Dave, Amber Singhania
- Benchmark index
- Nifty Bank TRI
- Category
- Equity: Sectoral / Thematic
- Fund house
- Nippon India Mutual Fund
- Scheme type
- Open Ended
- AMFI scheme code
- 101864
- ISIN
- INF204K01893
Investment objective
The primary investment objective of the Scheme is to seek to generate continuous returns by actively investing in equity and equity related securities of companies in the Banking and Financial services sector. The AMC will have the discretion to completely or partially invest in any of the type of securities stated above with a view to maximize the returns or on defensive considerations.
The Regular plan's expense ratio is not in our data feed yet. It is higher than the Direct plan's because it includes distributor commission; see the AMC's website for the current figure.
Portfolio holdings
| Holding | Sector | Weight |
|---|---|---|
| HDFC Bank LimitedBanks | Banks | 15.76% |
| ICICI Bank LimitedBanks | Banks | 13.26% |
| Axis Bank LimitedBanks | Banks | 9.00% |
| State Bank of IndiaBanks | Banks | 4.97% |
| Kotak Mahindra Bank LimitedBanks | Banks | 4.06% |
| SBI Cards and Payment Services LimitedFinance | Finance | 3.36% |
| HDFC Asset Management Company LimitedCapital Markets | Capital Markets | 2.99% |
| IndusInd Bank LimitedBanks | Banks | 2.65% |
| Cholamandalam Financial Holdings LimitedFinance | Finance | 2.53% |
| ICICI Prudential Life Insurance Company LimitedInsurance | Insurance | 2.49% |
| Multi Commodity Exchange of India LimitedCapital Markets | Capital Markets | 2.47% |
| Bajaj Finserv LimitedFinance | Finance | 2.35% |
| Aye Finance LimitedFinance | Finance | 2.30% |
| PNB Housing Finance LimitedFinance | Finance | 2.27% |
| Max Financial Services LimitedInsurance | Insurance | 2.27% |
Portfolio as of 30 Sept 2026 · top 15 of 36 holdings, 72.7% of the portfolio
Try this fund in our tools
See how a SIP, a lumpsum or withdrawals in this fund would have done, using its real NAV history.
Data sources
| Data | Source | As of |
|---|---|---|
| Latest NAV | amfi | 9 Oct 2026 |
| NAV history | captnemo | 9 Oct 2026 |
| Fund size | amfi | 8 Oct 2026 |
| Fund managers | kuvera | 11 Oct 2026 |
| Riskometer | amfi | 8 Oct 2026 |
| Scheme details | amfi | 9 Oct 2026 |
| Holdings | amc:nippon-india | 30 Sept 2026 |
| Benchmark | niftyindices | 9 Oct 2026 |
| minSip | kuvera | 11 Oct 2026 |
| minLumpsum | amfi | 9 Oct 2026 |
| objective | kuvera | 11 Oct 2026 |
| launch | amfi | 9 Oct 2026 |
Mutual fund investments are subject to market risks, read all scheme related documents carefully.