Nippon India Banking Fund - G

NAV ₹523.017 ↑ 4.44 (0.86 %) as on 16 May 24

Table of Contents

Scheme Objective
NAV Price Chart
Returns
- Historical Returns
- Compounded Returns
Growth Of 10k Over Years
Holdings / Portfolio
All Plan & Options
Fund Manager Information
Custodians
Registrar & Transfer Agent (RTA)
Administrator Companies
Auditors

Scheme 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 Sector and companies engaged in allied activities related to Banking 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.

Nippon India Banking Fund is a Equity - Sectoral fund launched on 26 May 03. It is a fund with High risk and has given a CAGR return of 20.8% since its launch. Ranked 15 in Sectoral category. Return for 2023 was 24.2% , 2022 was 20.7% and 2021 was 29.7% .

Below is the key information for Nippon India Banking Fund

NAV as on 16 May 24	₹523.017 ↑ 4.44 (0.86 %)
Net Assets (AUM) as on 31 Mar 2024	₹5,307 Cr.
Launch Date	26 May 2003
Category	Equity - Sectoral
Rating	☆☆☆
Type	Open Ended Fund
Risk	High
AMC	Nippon Life Asset Management Ltd.

Alpha Ratio	15.78
Expense Ratio	2.05 %
Sharpe Ratio	2.231
Information Ratio	1.28
Benchmark	Not Available
Min Investment	₹5,000
Min SIP Investment	₹100
Exit Load	0-1 Years (1%),1 Years and above(NIL)

NAV Price Chart

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 May 24

Duration	Returns
1 Month	1.5%
3 Month	2.5%
6 Month	10.4%
1 Year	24.6%
3 Year	20.8%
5 Year	13.9%
10 Year
15 Year
Since launch	20.8%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

Year	Returns
2023	24.2%
2022	20.7%
2021	29.7%
2020	-10.6%
2019	10.7%
2018	-1.2%
2017	44.1%
2016	11.5%
2015	-6%

Growth of 10k Over Years

Date	Value
30 Apr 19	₹10,000
30 Apr 20	₹6,469
30 Apr 21	₹10,388
30 Apr 22	₹12,704
30 Apr 23	₹14,431
30 Apr 24	₹19,028

Nippon India Banking Fund Growth 10k Chart

Asset Allocation

Asset Class	Value
Cash	2.25%
Equity	97.75%

Sector Allocation

Sector	Value
Financial Services	96.11%
Technology	1.64%

Nippon India Banking Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

Name	Global Industry	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Jul 08 \| HDFCBANK	Banks - Regional	18%	₹943 Cr	6,514,660
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 09 \| ICICIBANK	Banks - Regional	16%	₹844 Cr	7,715,358 ↑ 500,000
Axis Bank Ltd (Financial Services) Equity, Since 30 Jun 17 \| 532215	Banks - Regional	9%	₹465 Cr	4,440,216
State Bank of India (Financial Services) Equity, Since 31 Mar 14 \| SBIN	Banks - Regional	7%	₹365 Cr	4,856,809 ↓ -1,054,917
Kotak Mahindra Bank Ltd (Financial Services) Equity, Since 31 Jul 23 \| KOTAKBANK	Banks - Regional	5%	₹259 Cr	1,450,000 ↑ 560,000
SBI Life Insurance Company Limited (Financial Services) Equity, Since 30 Nov 20 \| 540719	Insurance - Life	4%	₹213 Cr	1,417,129
The Federal Bank Ltd (Financial Services) Equity, Since 30 Nov 04 \| FEDERALBNK	Banks - Regional	4%	₹204 Cr	13,599,730 ↑ 1,000,000
IndusInd Bank Ltd (Financial Services) Equity, Since 31 May 19 \| INDUSINDBK	Banks - Regional	4%	₹191 Cr	1,228,251
ICICI Prudential Life Insurance Company Limited (Financial Services) Equity, Since 31 Oct 23 \| 540133	Insurance - Life	3%	₹164 Cr	2,694,796
SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services) Equity, Since 31 Jul 20 \| 543066	Credit Services	3%	₹158 Cr	2,320,827

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Fund Managers

Name	Since	Tenure
Vinay Sharma	9 Apr 18	5.98 Yr.
Kinjal Desai	25 May 18	5.86 Yr.
Bhavik Dave	18 Jun 21	2.79 Yr.

Custodians

Company	Address
Deutsche Bank AG	Deutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Ltd
Address	KFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX	91-40-23311968
Email	mailmanager@karvy.com

Administrator Companies

Company	Address
Nippon India Mutual Fund	9th Floor, Crescenzo, C-38 & 39,,G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051

Auditors

Company	Address
Haribhakti & Co. Chartered Accountants	42, Free Press House,4th Floor,,215, Nariman Point,

All Plan & Options

Fund and Plan	NAV	6 Month	1 Year	3 Year	5 Year
Nippon India Banking Fund Normal Dividend, Payout	₹65.0519 ↑ 0.55	1.61 %	14.68 %	14.19 %	9.94 %
Nippon India Banking Fund Normal Dividend, Reinvestment	₹65.0519 ↑ 0.55	0.41 %	24.63 %	13.87 %	8.79 %
Nippon India Banking Fund Growth	₹523.017 ↑ 4.44	10.4 %	24.6 %	20.8 %	13.94 %
Data as on 16 May 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.

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