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Nippon India Mutual Fund

Nippon India Banking Fund Direct - Dividend Payout

NAV
returns change indicator
44.4412
as on 30 Oct 2020, 08:20 PM
-0.0560(0.13%)
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
2nd of Every Month

Investment Performance

would have given a return of
110,871
star
121,647
star
78,338
star
80,057
star
Bank Account
Fixed Deposit
Regular Mutual Fund
This Fund on Paytm Money
This Mutual Fund
19,943
Profit (absolute return)
19.94%
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
7.42%
In the last 6 months
13.97%
In the last 1 year
23.82%
In the last 3 years
19.94%
In the last 5 years
24.19%
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 Payout
Nippon India Banking Fund Direct - Dividend Payout
as of 30 Sep 2020, 05:30 AM
2,010.37 Cr
Scheme Asset Size
Fund Type
Open-End
Exit Load
Exit load of 1%, if redeemed within 1 month.
1.51%
Expense Ratio
Plan
Dividend
2.82%
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 30 Sep 2020
Sort By
Financial
96.22%
1,934.37 Cr
Cash Holding
2.82%
56.69 Cr

Companies Holding in this Mutual Fund

as on 30 Sep 2020
Sort By
HDFC Bank Ltd.
15.29%
307.39 Cr
ICICI Bank Ltd.
15.09%
303.36 Cr
State Bank of India
9.25%
185.96 Cr
Axis Bank Ltd.
6.45%
129.67 Cr
Federal Bank Ltd.
4.15%
83.43 Cr
Others
3.78%
75.99 Cr
Muthoot Finance Ltd.
3.62%
72.78 Cr
Max Financial Services Ltd.
3.55%
71.37 Cr
Kotak Mahindra Bank Ltd.
3.53%
70.97 Cr
Bajaj Finserv Ltd.
3.31%
66.54 Cr
View All
View All

About Nippon India Banking Fund Direct - Dividend Payout

Nippon India Banking Fund Direct - Dividend Payout 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 ₹2,010.37 Crores and the latest NAV decalared is ₹44.441 as on 31 Oct 2020 at 4:12 pm.
Nippon India Banking Fund Direct - Dividend Payout scheme return performance in last 1 year is -23.82%, in last 3 years is -19.94% and 78.32% since scheme launch. The min. SIP amount to invest in this scheme is ₹100.

Scheme Details

AUM:2,010.37 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
195,246.97 Cr
AUM
198
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