NAV
656.21(-1.40%)Fund Size (CR)
₹7,778.04Expense Ratio
1.83Scheme Type
Active FundValue Research
-
Min. investment
₹5,000Minimum Additional Investment
₹1,000Minimum SIP Investment
₹Minimum Withdrawal
₹100Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment1%Return Since Launch
20.31%
- 3M
- 6M
- 1Y
- 3Y
- All
Basic Details
Scheme Manager
Vinay Sharma
Bench Mark
Nifty Financial Services TRI
Type
OPEN
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | 12 January 2026 | 10091.37 | 0.91% | - | -0.43% | 101/964 |
| 1 Month | 19 December 2025 | 10137.06 | 1.37% | - | -1.11% | 127/960 |
| 3 Month | 17 October 2025 | 10298.47 | 2.98% | - | -1.43% | 146/924 |
| 6 Month | 18 July 2025 | 10515.30 | 5.15% | - | 0.43% | 142/888 |
| 1 Year | 17 January 2025 | 12202.09 | 22.02% | 22.02% | 6.75% | 65/820 |
| 3 Year | 19 January 2023 | 16312.60 | 63.13% | 17.70% | 18.94% | 274/506 |
| 5 Year | 19 January 2021 | 24135.15 | 141.35% | 19.26% | 17.42% | 126/422 |
| Since Inception | 29 May 2003 | 660212.50 | 6502.12% | 20.31% | 11.66% | 97/964 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | 3 February 2025 | 1,20,000 | 128964.80 | 7.47% | 7.47% |
| 3 Year | 1 February 2023 | 3,60,000 | 452239.36 | 25.62% | 7.90% |
| 5 Year | 1 February 2021 | 6,00,000 | 907841.26 | 51.31% | 8.64% |
| 10 Year | 1 February 2016 | 12,00,000 | 2646004.62 | 120.50% | 8.23% |
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Mutual Funds Calculator
- Investment type
- Scheme based
- SIP
- Lumpsum
Monthly Investment (₹)
Expected Returns Rate (%)
Time Period (in Years)
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
3.45%
Standard Deviation
0.92%
Beta
0.92%
Sharpe Ratio
0.05%
Treynor's Ratio
3.07%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| HDFC Bank | 15.38% | 12069320 | 1196.31 | Equity | Banks |
| ICICI Bank | 14.22% | 8238887 | 1106.40 | Equity | Banks |
| Axis Bank | 9.09% | 5571983 | 707.31 | Equity | Banks |
| SBI | 7.03% | 5565352 | 546.63 | Equity | Banks |
| SBI Cards | 4.31% | 3893792 | 335.53 | Equity | Finance |
| SBI Life Insuran | 3.85% | 1470199 | 299.17 | Equity | Insurance |
| Bajaj Finserv | 3.35% | 1275773 | 260.24 | Equity | Finance |
| Federal Bank | 3.23% | 9405824 | 251.23 | Equity | Banks |
| Kotak Mah. Bank | 2.87% | 1014574 | 223.32 | Equity | Banks |
| Max Financial | 2.60% | 1211634 | 202.56 | Equity | Miscellaneous |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Nippon India Taiwan Equity Fund - Direct (G) | 427.47 | 6.24% | 11.32% | 34.97% | 58.25% | 39.44% | |
| Nippon India Taiwan Equity Fund - Direct (IDCW) | 427.47 | 6.24% | 11.32% | 34.97% | 58.25% | 39.44% | |
| Aditya Birla SL International Equity Fund - Direct (G) | 275.88 | 3.63% | 8.47% | 17.91% | 37.55% | 17.10% | |
| Aditya Birla SL International Equity Fund - Direct (IDCW) | 275.88 | 3.63% | 8.47% | 17.91% | 37.55% | 17.10% | |
| Franklin Asian Equity Fund - Direct (G) | 314.58 | 8.62% | 10.47% | 21.09% | 34.11% | 13.47% |
List of Schemes under Nippon India Mutual Fund
News
Nippon India MF announces Income Distribution cum Capital Withdrawal (IDCW) under two schemes
Nippon India Mutual Fund has announced 22 January 2026 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) option under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:Nippon India Small Cap Fund:
Regular Plan ' IDCW: 2.00
Direct Plan ' IDCW: 3.00
Nippon India Banking & Financial Services Fund:
Regular Plan ' IDCW: 5.50
Direct Plan ' IDCW: 8.00
Powered by Capital Market - Live News
Nippon India Mutual Fund announces change in Key Personnel
Nippon India Mutual Fund has announced Notice is hereby given that Mr. Daksh Khullar has been appointed as Research Associate - Equity with effect from January 08, 2026. Accordingly, the following details of Mr. Daksh Khullar shall be incorporated in Statement of Additional Information ('SAI') under the para titled 'Information on Personnel involved in Equity / Economic Research of Nippon Life India Asset Management Limited'.Powered by Capital Market - Live News
Nippon Mutual Fund announces change in Key Personnel
Nippon Mutual Fund has announced that Notice is hereby given that Mr. Ajay Patel, Deputy Head - Operations has ceased from the services of Nippon Life India Asset Management Limited due to superannuation with effect from the close of business hours on January 02, 2026.Powered by Capital Market - Live News
Fund House Details & Investment Objective
Date of Incorporation
8 May 2003
Total AUM (Cr)
₹7778.04
Nippon India Banking&Financial Services (Bonus) is an Sectoral / Thematic-oriented fund from the renowned AMC, Nippon India Mutual Fund. Launched in 8 May 2003, this fund is managed by Vinay Sharma. With assets under management (AUM) worth ₹7,778.04 (Cr), as of 20 January 2026, Nippon India Banking&Financial Services (Bonus) is categorized as a Sectoral / Thematic within its segment. The fund has generated a return of 20.31% since its launch.
The current NAV of Nippon India Banking&Financial Services (Bonus) is ₹656.21, as on 20 January 2026. The fund's benchmark index is Nifty Financial Services TRI. You can invest in Nippon India Banking&Financial Services (Bonus) via both lumpsum and SIP modes. The minimum SIP amount in the fund is - while the minimum lumpsum investment is ₹5,000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 17.70% and 19.26% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 98.44% in Equity, 1.65% in Debt and -0.09% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 62.64% in Banks, 16.64% in Finance, 9.59% in Insurance, 7.66% in Capital Markets, 2.20% in Debt