Nippon India Banking & Financial Services Fund Direct growth

Equity • Financial Services • Direct growth

CAGRInfo Icon

₹1,000 invested for 5 years

Fund Info

Equity

Financial Services

Direct growth

Launched On
01 Jan 2013
12.7 years ago
Lock-in Period
No lock-in
NAV
as of 29 Aug 2025
₹656.43
-0.533% (-3.50)
AUM
₹7,487 Cr
Expense ratio
0.99%
Benchmark
Fund Plan
Open demat account

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Tax info and exit loadInfo Icon

Taxes

Units held less than 1Y

20.00%

Units held more than 1Y

12.50%

Exit Load

If units sold before 1M

1%

If units sold after 1M

0%

Distribution

Market capital

What's in this fund?

Sectors
Holdings
Financial Services

Financial Services

97.10%
Technology

Technology

2.90%

Fund House

Nippon

Nippon

Inc: 08 Oct 1995 • Total AUM: ₹3,57,519 Cr • Rank #6
Nippon India Mutual Fund, started in 1995, has Nippon Life Insurance Company as its sponsors. The fund house is headed by Sundeep Sikka as the CEO. As of 31 March 2024, it has an AUM of ₹472,440 Cr. Nippon India Mutual Fund boasts a presence in 265 locations (as of 30 September 2023).

Fund Managers

Kinjal Desai

Experience: 21.67 yrs • Total AUM: 44,59,201 Cr

Vinay Sharma

Experience: 7.39 yrs • Total AUM: 1,28,771 Cr

Bhavik Dave

Experience: 4.19 yrs • Total AUM: 4,54,355 Cr

Risk

Category risk
Very high
As provided by the fund house document, this risk is specific to this fund category (Equity). To know the risk of this fund particularly, check 'Risk vs Category'.
Disclaimer: Top rated funds do not constitute any advice. Research data is powered by Morningstar. Please read the offer documents carefully before investing. Upstox shall not accept any liability arising out of your investments.