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Nippon India Banking & Financial Services Fund Growth

Nippon India Banking & Financial Services Fund Growth

Very High Risk
Equity
Sector - Financial Services
▲ 9.60%3Y Annualized
-0.91%1D Returns

NAV (15 Oct ’26)

₹620.73

Min SIP Amount

₹100.00

Fund Size (AUM)

₹7,366.72 Cr

Mutual Fund SIP Calculator

₹
/Month
₹100₹10L
Years
1Y40Y
%
1%30%
% /Year
0%25%

About Nippon India Banking & Financial Services Fund Growth

Nippon India Banking & Financial Services Fund Growth is a Sector - Financial Services mutual fund scheme from Nippon Life India Asset Management Ltd. The fund was launched on 26 May 2003 and is managed by Amber Singhania, Kinjal Desai, Vinay Sharma, and Bhavik Dave. As of 15 October 2026, the fund has an AUM of ₹7,366.72 Cr and its latest NAV is ₹620.73. The fund has a Very High Risk risk rating.

The fund allows minimum SIP of ₹100 and lumpsum investment starting from ₹5,000.

The fund primarily invests in Financial Services and Technology and its top holdings include HDFC Bank Ltd, ICICI Bank Ltd, Axis Bank Ltd, State Bank of India, and Kotak Mahindra Bank Ltd. The fund has delivered -3.5% returns over the last 1 year, 9.6% annualised returns over 3 years, 10.2% annualised returns over 5 years, and 19.2% annualised returns since inception.

Nippon India Banking & Financial Services Fund Growth may be suitable for investors looking for Sector - Financial Services and who are comfortable with Very High Risk risk.

Top 10 Holdings

NameValueWeighting
HDFC Bank LtdFinancial Services₹1,160.80 Cr15.76%
ICICI Bank LtdFinancial Services₹976.59 Cr13.26%
Axis Bank LtdFinancial Services₹663.03 Cr9.00%
State Bank of IndiaFinancial Services₹366.15 Cr4.97%
Kotak Mahindra Bank LtdFinancial Services₹299.11 Cr4.06%
SBI Cards and Payment Services Ltd Ordinary SharesFinancial Services₹247.21 Cr3.36%
Bajaj Finserv LtdFinancial Services₹257.83 Cr3.26%
SBI Life Insurance Co LtdFinancial Services₹250.13 Cr3.22%
HDFC Asset Management Co LtdFinancial Services₹220.43 Cr2.99%
Multi Commodity Exchange of India LtdFinancial Services₹204.02 Cr2.74%

Returns & Rankings

Name3 Year4 Year5 Year
Fund returns+2.45%+9.60%+12.72%+10.22%
Category average (Sector - Financial Services)+2.90%+10.24%+12.33%+9.56%
Rank (Sector - Financial Services)119755128
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Fund Management

AS

Amber Singhania

Experience: 0.56 Years

KD

Kinjal Desai

Experience: 8.36 Years

VS

Vinay Sharma

Experience: 8.48 Years

BD

Bhavik Dave

Experience: 5.29 Years

Minimum SIP Amount, Expense Ratio & Exit Load

Nippon India Banking & Financial Services Fund Growth Overview
Minimum SIP Amount₹100.00
Expense Ratio

1.88%

Inclusive of GST

Exit Load1% if redeemed or switched out on or before completion of 1 month from the date of allotment of units. Nil, thereafter.

Types of Mutual Funds to Invest in India

Mutual funds in India are classified as follows:

Large Cap
Mid Cap
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ELSS (Tax Saving)

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Nippon India Banking & Financial Services Fund Growth FAQ's

What are the returns of Nippon India Banking & Financial Services Fund Growth?

Nippon India Banking & Financial Services Fund Growth has generated -3.5% returns over 1 year, 9.6% over 3 years and 10.2% over 5 years as of 15 October 2026.

What is today's NAV of Nippon India Banking & Financial Services Fund Growth?

Currently, the Net Asset Value (NAV) of Nippon India Banking & Financial Services Fund Growth is ₹620.73, as of 15 October 2026.

What are the ways to invest in Nippon India Banking & Financial Services Fund Growth?

You can invest in Nippon India Banking & Financial Services Fund Growth through a lumpsum, a monthly SIP and a daily SIP.

What is the minimum SIP investment in Nippon India Banking & Financial Services Fund Growth?

The minimum SIP amount for Nippon India Banking & Financial Services Fund Growth is ₹500 per instalment.

What is the expense ratio of Nippon India Banking & Financial Services Fund Growth?

The expense ratio of Nippon India Banking & Financial Services Fund Growth is 1.88%. It represents the annual expenses levied for managing and operating the fund scheme and is deducted from the fund's NAV rather than being charged separately. For example, if you invest ₹5,000, the annual expense is about ₹94.

What is the risk level of Nippon India Banking & Financial Services Fund Growth?

As per the fund factsheet published by the fund house, Nippon India Banking & Financial Services Fund Growth is considered to carry Very High Risk for its investors.

What are the top holdings of Nippon India Banking & Financial Services Fund Growth?

As an equity fund, the portfolio is mainly stock exposure. The top holdings of Nippon India Banking & Financial Services Fund Growth include HDFC Bank Ltd, ICICI Bank Ltd, Axis Bank Ltd, State Bank of India and Kotak Mahindra Bank Ltd, based on the latest portfolio disclosure. The fund's holdings may change over time depending on the fund manager's investment strategy.

Is there any lock-in period for Nippon India Banking & Financial Services Fund Growth?

Nippon India Banking & Financial Services Fund Growth has no lock-in period for its investors. Thus, the investors of this fund are free to redeem their investments on any date as per their requirements.

How can I redeem my investments in Nippon India Banking & Financial Services Fund Growth?

You can redeem your investment in Nippon India Banking & Financial Services Fund Growth on any business day. The exit load is 1% if redeemed or switched out on or before completion of 1 month from the date of allotment of units. Nil, thereafter..

Who is the fund manager of Nippon India Banking & Financial Services Fund Growth?

Nippon India Banking & Financial Services Fund Growth is managed by Amber Singhania, Kinjal Desai, Vinay Sharma and Bhavik Dave. A fund manager is an experienced finance professional responsible for making investment decisions and managing the fund's portfolio in line with its investment objective.

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Disclaimer

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