Nippon India Banking & Financial Services Fund(G)
- Equity
- Sector Funds
- Very High Risk
Fund Overview
- Assets Under Management (AUM)
- ₹7,441.66 Cr
- Expense Ratio
- 1.54%
- Riskometer
- Very High
- Category
- Sector Funds
- Asset Type
- Equity
- Benchmark
- BSE SENSEX - TRI
- SIP
- Available
- Switch
- Available
- Inception Date
- 8 Apr 2018
- ISIN
- INF204K01927
- Scheme Code
- BFGP
- Fund Scheme ID
- 1930
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Performance & Returns
Calculate SIP ReturnsReturns by period
| Period | Trailing Return | Absolute Return | Annualised Return | CAGR |
|---|---|---|---|---|
| 1 Month | -0.48% | -0.09% | -5.71% | -17.61% |
| 3 Months | 6.12% | 5.67% | 24.28% | 24.93% |
| 6 Months | 0.49% | 1.58% | 0.97% | -3.51% |
| 1 Year | 6.65% | 6.14% | 6.65% | 6.03% |
| 3 Years | 12.05% | 39.45% | 13.56% | 12.04% |
| 5 Years | 12.74% | 82.54% | 16.43% | 12.65% |
| Since Inception | 19.60% | 6345.71% | 273.16% | 19.58% |
Past performance is not indicative of future returns.
Portfolio
Asset Allocation
100.00%
- Domestic Equities98.17%
- Cash & Cash Equivalents and Net Assets1.83%
Top Sectors
- Bank50.02%
- Finance34.56%
- Insurance9.23%
- IT2.76%
- Business Services1.61%
- Miscellaneous0.95%
- Others0.88%
Holdings
Overview of fund allocations across sectors and securities
Bank
Value
₹3,722.32 Cr
Weightage
50.02%
Finance
Value
₹2,571.84 Cr
Weightage
34.56%
Insurance
Value
₹686.87 Cr
Weightage
9.23%
IT
Value
₹205.39 Cr
Weightage
2.76%
Business Services
Value
₹119.81 Cr
Weightage
1.61%
Miscellaneous
Value
₹70.70 Cr
Weightage
0.95%
Others
Value
₹65.49 Cr
Weightage
0.88%
About
Fund Manager(s)
Mr. Vinay Sharma, Mr. Bhavik Dave
Launch Date
8 Apr 2018
Benchmark
BSE SENSEX - TRI
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. However, there can be no assurance that the investment objective of the Scheme will be realized, as actual market movements may be at variance with anticipated trends.
RISKOMETER
The riskometer indicates the level of risk associated with the fund based on historical data and portfolio composition.
Exit Load, Stamp Duty and Tax Implication
- Exit load
- 1% on or before 1M, Nil after 1M
- Stamp duty on investment: 0.005% (from July 1st, 2020)
- from July 1st 2020
- Tax implication
- --
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