The Current NAV of Nippon India Banking & Financial Services Fund - Growth - Direct Plan is ₹671.60.

You should look for a fund with better more consistent performance track record. Funds returns likely to be fairly different than its benchmark Nifty Financial Services , as Funds portfolio is somewhat different.

Nippon India Banking & Financial Services Fund - Growth - Direct Plan fund’s expense ratio is 1.16%

The process for redemption is

• Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
• You will get information about the redemption and the NAV at which redeemed.
• The amount will be deposited in the designated bank account.

The AUM of Nippon India Banking & Financial Services Fund - Growth - Direct Plan is currently ₹7,470 Crores.

The Top three stocks are HDFC Bank, ICICI Bank and Axis Bank and account for 35% of its portfolio. Top 5 and 10 stocks of fund account for 44% and 59% of fund’s portfolio respectively.

Top three sectors of Nippon India Banking & Financial Services Fund - Growth - Direct Plan fund are BFSI, IT and Miscellaneous accounting for 100% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Equity - Sectoral Fund - Banks & Financial Service it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Nippon India Banking & Financial Services Fund - Growth - Direct Plan Fund is Equity - Sectoral Fund - Banks & Financial Service.

Vinay Sharma and Bhavik Dave manage the Nippon India Banking & Financial Services Fund - Growth - Direct Plan Fund.

Nippon India Banking & Financial Services Fund - Growth - Direct Plan current PE ratio is 29.14 and PB ratio is 4.82

The asset allocation of Nippon India Banking & Financial Services Fund - Growth - Direct Plan is Stocks : 97.59%, Debt : 2.41% and Gold : 0%

The minimum SIP amount for Nippon India Banking & Financial Services Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹5000.00

The exit load for Nippon India Banking & Financial Services Fund - Growth - Direct Plan is 1% on or before 1 months, Nil after 1 months