VS
Vinay SharmaLead
Since Apr 2018
AUM managed
₹37,652.44Cr
Tenure
Since Apr 2018
Funds
4
Nippon India Banking & Fin Srvs Gr
Sector - Financial ServicesNippon India Mutual Fund
NAV
₹620.73
+1.35% today
AUM
₹7,909.93 Cr
Fund size
Expense
1.88%
Regular plan
Min SIP
₹100
per month
Min Lumpsum
₹5,000
one-time
Exit Load
1.0
on redemption
Fund snapshot
Category rank#5 of 15
Risk-o-meterVery High Risk
BenchmarkNifty Financial Services TR INR (100%)
Number of holdings37
Inception26 May 2003
Exit load1.0
Risk metrics
Alpha1.71
Beta0.94
Sharpe ratio0.47
Standard deviation15.20%
Sortino ratio0.68
Capital gains tax
Equity
STCG · short-term
20%Short-term gains taxed at 20%
Applies when equity fund units are sold within 12 months.
LTCG · long-term
12.5%Long-term gains taxed at 12.5%
Applies when equity fund units are sold after 12 months.
Equity-oriented mutual fund taxation applies based on holding period.
Fund managers
KD
Since May 2018
AUM managed
₹5,07,165.07Cr
Tenure
Since May 2018
Funds
51
BD
Since Jun 2021
AUM managed
₹71,961.10Cr
Tenure
Since Jun 2021
Funds
3
AS
Since Mar 2026
AUM managed
₹5,11,102.28Cr
Tenure
Since Mar 2026
Funds
47
DS
Since Sep 2025
AUM managed
₹5,15,458.56Cr
Tenure
Since Sep 2025
Funds
50
LM
Since Sep 2025
AUM managed
₹5,15,458.56Cr
Tenure
Since Sep 2025
Funds
50
About Nippon India Banking & Fin Srvs Gr
Nippon India Banking & Fin Srvs Gr is an open-ended Sector - Financial Services mutual fund scheme offered by Nippon India Mutual Fund under the regular plan with the growth option. Its latest net asset value (NAV) is ₹620.73 per unit and the scheme manages ₹7,909.93 Cr in assets under management. The fund charges an expense ratio of 1.88% and is benchmarked against Nifty Financial Services TR INR (100%). Over the trailing 5 years, Nippon India Banking & Fin Srvs Gr has delivered +10.51% returns. SEBI's riskometer places this scheme in the Very High Risk category, so read the scheme information document before investing.
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 and Financial services sector. The AMC will have the discretion to completely or partially invest in any of the type of securities stated above with a view to maximize the returns or on defensive considerations.
Regular Plan · Growth option · NAV as of 15 Oct 2026
Nippon India Banking & Fin Srvs Gr returns
| Period | Fund | Category average |
|---|---|---|
| 1 month | -0.97% | -2.88% |
| 3 months | -5.72% | -4.20% |
| 6 months | -2.08% | -0.70% |
| 1 year | -3.16% | +0.11% |
| 3 years | +10.09% | +10.24% |
| 5 years | +10.51% | +9.56% |
Rolling returns
| Period | Fund | Category average |
|---|---|---|
| 1 month | -- | -5.73% |
| 3 months | +5.45% | -5.04% |
| 6 months | -1.51% | +8.59% |
| 1 year | +8.78% | +1.79% |
| 3 years | +44.07% | +29.46% |
| 5 years | +89.26% | +63.63% |
Past performance is not indicative of future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.
Nippon India Banking & Fin Srvs Gr — frequently asked questions
What is the NAV of Nippon India Banking & Fin Srvs Gr?
The latest net asset value (NAV) of Nippon India Banking & Fin Srvs Gr is ₹620.73 per unit, +1.35% over the previous trading day. NAV is declared by the AMC at the end of every business day.
What returns has Nippon India Banking & Fin Srvs Gr delivered?
Nippon India Banking & Fin Srvs Gr has returned +10.51% over the trailing 5 years (1 year: -3.16%, 3 years: +10.09%). Returns beyond one year are annualised. Past performance does not guarantee future returns.
What is the expense ratio of Nippon India Banking & Fin Srvs Gr?
Nippon India Banking & Fin Srvs Gr charges an expense ratio of 1.88% per annum. The expense ratio is deducted from the scheme's assets, so the NAV you see is already net of it.
How risky is Nippon India Banking & Fin Srvs Gr?
SEBI's riskometer classifies Nippon India Banking & Fin Srvs Gr as Very High Risk, which is typical for a Sector - Financial Services scheme. Match the scheme's risk level to your own risk tolerance and investment horizon before investing.
What is the minimum investment in Nippon India Banking & Fin Srvs Gr?
You can start a SIP in Nippon India Banking & Fin Srvs Gr from ₹100 per month, and the minimum lumpsum investment is ₹5,000.
Who manages Nippon India Banking & Fin Srvs Gr?
Nippon India Banking & Fin Srvs Gr is managed by Nippon India Mutual Fund, holds ₹7,909.93 Cr in assets under management and invests across 37 holdings. This page covers the regular plan with the growth option.
Scheme identifiers
- Fund house
- Nippon India Mutual Fund
- Scheme category
- Equity
- Scheme sub-category
- Sector - Financial Services
- Plan
- Regular plan
- Option
- Growth
- ISIN
- INF204K01927
- Scheme code
- FSGBR0718I