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Nippon India Mutual Fund

Nippon India Banking Fund Direct - Dividend Reinvestment

NAV
returns change indicator
41.5745
as on 02 Jul 2020, 10:30 PM
0.0882(0.21%)
Last Change
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Scheme Ratings

2
starstarstarstarstar
rated by Morningstar
2
starstarstarstarstar
rated by Value Research

Schemes Managed By

Start SIP in this Mutual Fund

Min SIP Amount
100
Suggested Date
3rd of Every Month

Investment Performance

would have given a return of
110,871
star
121,647
star
78,016
star
79,778
star
Bank Account
Fixed Deposit
Regular Mutual Fund
This Fund on Paytm Money
This Mutual Fund
20,222
Profit (absolute return)
20.22%
in the last
1m
3m
1y
3y
5y
max
+1% Higher Returns
With Direct Plans on Paytm Money

Investment Returns

In the last 3 months
22.08%
In the last 6 months
35.30%
In the last 1 year
34.95%
In the last 3 years
20.22%
In the last 5 years
10.56%
In the last 10 years
NA
Absolute Returns
CAGR

Scheme Riskometer

low
low
moderately low
moderately low
moderate
moderate
moderately high
moderately high
high
high
indicator
Investors understand that their principal will be at high risk

Scheme Information

Nippon India Banking Fund Direct - Dividend Reinvestment
Nippon India Banking Fund Direct - Dividend Reinvestment
as of 31 May 2020, 05:30 AM
1,701.83 Cr
Scheme Asset Size
Fund Type
Open-End
Exit Load
Exit load of 1%, if redeemed within 1 month.
1.59%
Expense Ratio
Plan
Dividend
4.20%
Cash Holding
Benchmark
NIFTY Bank Total Return Index
Scheme Document
Benchmark
NIFTY Bank Total Return Index
Exit Load
Exit load of 1%, if redeemed within 1 month.
Scheme Document

Sectors Holding in this Mutual Fund

as on 31 May 2020
Sort By
Financial
94.67%
1,611.12 Cr
Cash Holding
4.20%
71.48 Cr

Companies Holding in this Mutual Fund

as on 31 May 2020
Sort By
HDFC Bank Ltd.
16.22%
276.04 Cr
ICICI Bank Ltd.
15.71%
267.36 Cr
State Bank of India
7.61%
129.51 Cr
Bajaj Finserv Ltd.
6.16%
104.83 Cr
Axis Bank Ltd.
5.78%
98.37 Cr
Others
5.33%
90.71 Cr
Kotak Mahindra Bank Ltd.
5.28%
89.86 Cr
Federal Bank Ltd.
4.79%
81.52 Cr
Bajaj Finance Ltd.
3.75%
63.82 Cr
Max Financial Services Ltd.
3.29%
55.99 Cr
View All
View All

About Nippon India Banking Fund Direct - Dividend Reinvestment

Nippon India Banking Fund Direct - Dividend Reinvestment is a Equity mutual fund scheme from Nippon India Mutual Fund. This scheme was launched on 01 Jan 2013 and is currently managed by its fund manager Vinay Sharma. It has an AUM of ₹1,701.83 Crores and the latest NAV decalared is ₹41.575 as on 03 Jul 2020 at 7:03 pm.
Nippon India Banking Fund Direct - Dividend Reinvestment scheme return performance in last 1 year is -34.95%, in last 3 years is -20.22% and 66.82% since scheme launch. The min. SIP amount to invest in this scheme is ₹100.

Scheme Details

AUM:1,701.83 Cr
Category:Equity: Sectoral-Banking
Launch Date:01 Jan 2013
Fund Type:Open-End

Scheme Objective

The scheme aims to generate continuous returns by actively investing in equity, equity related or fixed income securities of banks. The proportion of investment between equity and debt will be decided based on the view of the fund manager on anticipated movement in both debt as well as equity markets.

AMC Information

Nippon India Mutual Fund
Nippon India Mutual Fund
View AMC Details
182,498.80 Cr
AUM
196
Schemes
Address
Address
Reliance Centre, 7th Floor, South WingOff Western Express HighwaySantacruz (East)400055
Phone Number
Phone Number
Phone : 022-68334800 / 18602660111
Fax : 022-33037662