Nippon India Banking & Financial Services Fund - Growth has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 29.95 | 18.11 | 14.65 | 11.82 |
Average Rolling Returns(%) | 19.16 | 15.52 | 13.42 | 15.79 |
The Current NAV of Nippon India Banking & Financial Services Fund - Growth is ₹507.30.
You should look for a fund with better more consistent performance track record. Funds returns are more likely to be different than its benchmark Nifty Financial Services - TRI returns, as Funds portfolio is significantly different.
Nippon India Banking & Financial Services Fund - Growth fund’s expense ratio is 1.93%
The process for redemption is
The AUM of Nippon India Banking & Financial Services Fund - Growth is currently ₹5,225 Crores.
The Top three stocks are HDFC Bank, ICICI Bank and Axis Bank and account for 41% of its portfolio. Top 5 and 10 stocks of fund account for 54% and 70% of fund’s portfolio respectively.
Top three sectors of Nippon India Banking & Financial Services Fund - Growth fund are BFSI, Miscellaneous and IT accounting for 101% 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 Fund is Equity - Sectoral Fund - Banks & Financial Service.
Vinay Sharma and Bhavik Dave manage the Nippon India Banking & Financial Services Fund - Growth Fund.
Nippon India Banking & Financial Services Fund - Growth current PE ratio is 24.37 and PB ratio is 3.42
The asset allocation of Nippon India Banking & Financial Services Fund - Growth is Stocks : 97.37%, Debt : 2.65% and Gold : 0%
The minimum SIP amount for Nippon India Banking & Financial Services Fund - Growth is ₹100.00 and minimum lumpsum is ₹5000.00
The exit load for Nippon India Banking & Financial Services Fund - Growth is 1% on or before 1 months, Nil after 1 months