Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option
(Erstwhile Reliance Banking Fund-Growth Plan-Growth Option)
Category: Equity: Sectoral-Banking and Financial Services |
Launch Date: 01-05-2003 |
Asset Class: Equity |
Benchmark: NIFTY Financial Services TRI |
Expense Ratio: 1.84% As on (31-07-2025) |
Status: Open Ended Schemes |
Minimum Investment: 5000.0 |
Minimum Topup: 1000.0 |
Total Assets: 7,222.06 Cr As on (31-07-2025) |
Turn over: 30 |
618.1589
1.54 (0.249%)
20.38%
NIFTY Financial Services TRI 17.61%
PERFORMANCE of Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option
Scheme Performance (%) Data as on - 14-08-2025
1-Year Ret (%) | 3-Yrs Ret (%) | 5-Yrs Ret (%) | 10-Yrs Ret (%) | Since Launch Ret (%) | |
---|---|---|---|---|---|
Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option | 11.92 | 18.03 | 25.99 | 12.92 | 20.38 |
Nifty Financial Services TRI | 17.72 | 14.47 | 20.63 | 14.08 | 17.61 |
Equity: Sectoral-Banking and Financial Services | 12.32 | 16.19 | 21.55 | 12.29 | 13.94 |
Yearly Performance (%)
Fund Managers
FM 1 Vinay Sharma, FM 2 Bhavik Dave
Investment Objective
The scheme aims to generate continuous returns by actively investing in equity, equity related or fixed income securities of banks. The proportion of investment between equity and debt will be decided based on the view of the fund manager on anticipated movement in both debt as well as equity markets.
RETURNS CALCULATOR for Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option
Growth of 10000 In SIP (Fund vs Benchmark)
Growth of 10000 In LUMPSUM (Fund vs Benchmark)
Key Performance and Risk Statistics of Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option
Key Statistics | Volatility | Sharpe Ratio | Alpha | Beta | Yield to Maturity | Average Maturity |
---|---|---|---|---|---|---|
Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option | 14.79 | 1.1 | 3.85 | 0.86 | - | - |
Equity: Sectoral-Banking and Financial Services | - | - | - | - | - | - |
PEER COMPARISION
PORTFOLIO ANALYSIS of Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option
Portfolio as on