Nippon India Banking Fund

Plan : Regular | Direct Add to Portfolio Compare
Assets
₹1,972 Cr
Expense
2.17 %
Turnover
94%
Category
Equity - Sector...
Benchmark
NIFTY BANK
Underlying Asset Quality
Investment StyleLarge, Green
Different Than Benchmark
44%
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Fund Overview

Nippon India Banking Fund - Growth Option

Launch Date 26 May 2003
Benchmark NIFTY BANK
Riskometer High
Turnover 94%
Type Open ended scheme
Return Since Launch 18.74%
Min. Investment ₹5000.00
Min. Additional investment ₹1000.00
Min. SIP ₹100.00
Min. Cheques 60
Min. Withdrawal ₹100.00
Min. Balance ₹100.00
Exit Load 1.00%
Remark 1% on or before 1M, Nil after 1M

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 Sector and companies engaged in allied activities related to Banking Sector.

Managers

Fund Manager Vinay Sharma
Sub Managers Kinjal Desai
Puchho Befikar