Nippon India Banking Fund - G

NAV ₹546.16 ↓ -2.16 (-0.39 %) as on 21 Feb 25

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 20.2% since its launch. Ranked 15 in Sectoral category. Return for 2024 was 10.3% , 2023 was 24.2% and 2022 was 20.7% .

Below is the key information for Nippon India Banking Fund

NAV as on 21 Feb 25	₹546.16 ↓ -2.16 (-0.39 %)
Net Assets (AUM) as on 31 Jan 2025	₹6,226 Cr.
Launch Date	26 May 2003
Category	Equity - Sectoral
Rating	☆☆☆
Type	Open Ended Fund
Risk	High
AMC	Nippon Life Asset Management Ltd.

Alpha Ratio	-3.91
Expense Ratio	1.94 %
Sharpe Ratio	0.305
Information Ratio	0.77
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 21 Feb 25

Duration	Returns
1 Month	0.7%
3 Month	-2.4%
6 Month	-3.9%
1 Year	6.5%
3 Year	15.1%
5 Year	13.8%
10 Year
15 Year
Since launch	20.2%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

Year	Returns
2023	10.3%
2022	24.2%
2021	20.7%
2020	29.7%
2019	-10.6%
2018	10.7%
2017	-1.2%
2016	44.1%
2015	11.5%

Growth of 10k Over Years

Date	Value
31 Jan 20	₹10,000
31 Jan 21	₹9,167
31 Jan 22	₹12,853
31 Jan 23	₹13,708
31 Jan 24	₹17,543
31 Jan 25	₹19,305

Asset Allocation

Asset Class	Value
Cash	3.01%
Equity	96.99%

Sector Allocation

Sector	Value
Financial Services	94.16%
Technology	2.83%

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	22%	₹1,368 Cr	7,714,660
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 09 \| ICICIBANK	Banks - Regional	16%	₹1,014 Cr	7,915,358
Axis Bank Ltd (Financial Services) Equity, Since 30 Jun 17 \| 532215	Banks - Regional	9%	₹564 Cr	5,300,228 ↑ 760,012
Kotak Mahindra Bank Ltd (Financial Services) Equity, Since 31 Jul 23 \| KOTAKBANK	Banks - Regional	5%	₹295 Cr	1,650,000
State Bank of India (Financial Services) Equity, Since 31 Mar 14 \| SBIN	Banks - Regional	5%	₹286 Cr	3,594,809
IndusInd Bank Ltd (Financial Services) Equity, Since 31 May 19 \| INDUSINDBK	Banks - Regional	4%	₹252 Cr	2,627,608 ↑ 200,000
The Federal Bank Ltd (Financial Services) Equity, Since 30 Nov 04 \| FEDERALBNK	Banks - Regional	3%	₹186 Cr	9,275,584 ↓ -1,790,000
SBI Life Insurance Co Ltd (Financial Services) Equity, Since 30 Nov 20 \| SBILIFE	Insurance - Life	3%	₹181 Cr	1,300,170
SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services) Equity, Since 31 Jul 20 \| SBICARD	Credit Services	3%	₹167 Cr	2,520,827
UTI Asset Management Co Ltd (Financial Services) Equity, Since 31 Aug 22 \| UTIAMC	Asset Management	2%	₹153 Cr	1,141,962

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Fund Managers

Name	Since	Tenure
Vinay Sharma	9 Apr 18	6.82 Yr.
Kinjal Desai	25 May 18	6.7 Yr.
Bhavik Dave	18 Jun 21	3.63 Yr.

Custodians

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

Registrar & Transfer Agent

KFin Technologies Ltd
Address	138 -Suyesh Solitaire, Nr. Podar International School,Kudasan, Gandhinagar, Gujarat
FAX	N.A
Email	N.A

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	₹62.5798 ↓ -0.25	-11.51 %	-1.88 %	11.53 %	11.6 %
Nippon India Banking Fund Normal Dividend, Reinvestment	₹62.5798 ↓ -0.25	-11.51 %	-1.88 %	11.53 %	11.6 %
Nippon India Banking Fund Growth	₹546.16 ↓ -2.16	-3.95 %	6.51 %	15.15 %	13.75 %
Data as on 21 Feb 25

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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AMFI Registration No. 112358 | CIN: U74999MH2016PTC282153

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