Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option

(Erstwhile Reliance Banking Fund-Growth Plan-Growth Option)

Category: Equity: Sectoral-Banking and Financial Services
Launch Date: 01-05-2003
Asset Class: Equity
Benchmark: NIFTY 50 TRI
Expense Ratio: 1.89% As on (30-06-2024)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 5,929.64 Cr As on (30-06-2024)
Turn over: 30%
NAV as on 26-07-2024

566.8438

5.12 (0.903%)

CAGR Since Inception

21.0%

NIFTY 50 TRI 14.33%

PERFORMANCE of Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option

Scheme Performance (%)

Data as on - 26-07-2024

Yearly Performance (%)

Fund Managers

Vinay Sharma, Bhavik Dave

Investment 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.

MONTHLY LUMPSUM RETURNS ( Invested amount 1,00,000)

Show All Monthly Lumpsum Returns
NAV Date NAV Units Market
Value
Returns
(%)
26-05-2003 10.0 10000.0 100000 0.0 %
26-06-2003 10.19 10000.0 101900 1.9 %
27-07-2003 11.59 10000.0 115900 15.9 %
26-08-2003 12.12 10000.0 121200 21.2 %
26-09-2003 12.09 10000.0 120900 20.9 %
27-10-2003 13.13 10000.0 131300 31.3 %
26-11-2003 13.16 10000.0 131600 31.6 %
26-12-2003 15.08 10000.0 150800 50.8 %
27-01-2004 16.91 10000.0 169100 69.1 %
26-02-2004 16.64 10000.0 166400 66.4 %
26-03-2004 17.7 10000.0 177000 77.0 %
27-04-2004 19.15 10000.0 191500 91.5 %
26-05-2004 17.74 10000.0 177400 77.4 %
28-06-2004 17.1 10000.0 171000 71.0 %
26-07-2004 17.18 10000.0 171800 71.8 %
26-08-2004 16.81 10000.0 168100 68.1 %
27-09-2004 17.8 10000.0 178000 78.0 %
26-10-2004 17.19 10000.0 171900 71.9 %
29-11-2004 19.63 10000.0 196300 96.3 %
27-12-2004 23.45 10000.0 234500 134.5 %
27-01-2005 23.57 10000.0 235700 135.7 %
28-02-2005 25.02 10000.0 250200 150.2 %
28-03-2005 25.19 10000.0 251900 151.9 %
26-04-2005 24.78 10000.0 247800 147.8 %
26-05-2005 25.5 10000.0 255000 155.0 %
27-06-2005 26.23 10000.0 262300 162.3 %
26-07-2005 30.05 10000.0 300500 200.5 %
26-08-2005 30.5 10000.0 305000 205.0 %
26-09-2005 32.48 10000.0 324800 224.8 %
26-10-2005 29.67 10000.0 296700 196.7 %
28-11-2005 31.26 10000.0 312600 212.6 %
26-12-2005 30.66 10000.0 306600 206.6 %
27-01-2006 32.12 10000.0 321200 221.2 %
27-02-2006 31.15 10000.0 311500 211.5 %
27-03-2006 31.66 10000.0 316600 216.6 %
26-04-2006 30.89 10000.0 308900 208.9 %
26-05-2006 30.44 10000.0 304400 204.4 %
26-06-2006 24.93 10000.0 249300 149.3 %
26-07-2006 25.94 10000.0 259400 159.4 %
28-08-2006 30.65 10000.0 306500 206.5 %
26-09-2006 33.84 10000.0 338400 238.4 %
26-10-2006 35.4 10000.0 354000 254.0 %
27-11-2006 37.91 10000.0 379100 279.1 %
26-12-2006 37.26 10000.0 372600 272.6 %
29-01-2007 39.13 10000.0 391300 291.3 %
26-02-2007 36.97 10000.0 369700 269.7 %
26-03-2007 36.25 10000.0 362500 262.5 %
26-04-2007 39.2 10000.0 392000 292.0 %
28-05-2007 43.18 10000.0 431800 331.8 %
26-06-2007 44.94 10000.0 449400 349.4 %
26-07-2007 49.01 10000.0 490100 390.1 %
27-08-2007 47.42 10000.0 474200 374.2 %
26-09-2007 53.9 10000.0 539000 439.0 %
26-10-2007 55.9 10000.0 559000 459.0 %
26-11-2007 60.97 10000.0 609700 509.7 %
26-12-2007 65.15 10000.0 651500 551.5 %
28-01-2008 66.64 10000.0 666400 566.4 %
26-02-2008 61.35 10000.0 613500 513.5 %
26-03-2008 53.41 10000.0 534100 434.1 %
28-04-2008 56.71 10000.0 567100 467.1 %
26-05-2008 52.5 10000.0 525000 425.0 %
26-06-2008 45.2 10000.0 452000 352.0 %
28-07-2008 48.749 10000.0 487490 387.49 %
26-08-2008 49.0831 10000.0 490831 390.83 %
26-09-2008 47.1621 10000.0 471621 371.62 %
27-10-2008 34.8187 10000.0 348187 248.19 %
26-11-2008 36.5276 10000.0 365276 265.28 %
26-12-2008 39.8334 10000.0 398334 298.33 %
27-01-2009 36.2586 10000.0 362586 262.59 %
26-02-2009 32.9833 10000.0 329833 229.83 %
26-03-2009 36.3855 10000.0 363855 263.86 %
27-04-2009 44.1574 10000.0 441574 341.57 %
26-05-2009 58.2178 10000.0 582178 482.18 %
26-06-2009 60.6191 10000.0 606191 506.19 %
27-07-2009 61.969 10000.0 619690 519.69 %
26-08-2009 62.7014 10000.0 627014 527.01 %
29-09-2009 70.8601 10000.0 708601 608.6 %
26-10-2009 75.7991 10000.0 757991 657.99 %
26-11-2009 76.166 10000.0 761660 661.66 %
29-12-2009 75.3449 10000.0 753449 653.45 %
27-01-2010 70.7593 10000.0 707593 607.59 %
26-02-2010 73.6623 10000.0 736623 636.62 %
26-03-2010 78.2732 10000.0 782732 682.73 %
26-04-2010 84.0872 10000.0 840872 740.87 %
26-05-2010 81.3545 10000.0 813545 713.54 %
28-06-2010 87.1691 10000.0 871691 771.69 %
26-07-2010 92.2391 10000.0 922391 822.39 %
26-08-2010 101.6374 10000.0 1016374 916.37 %
27-09-2010 111.9754 10000.0 1119754 1019.75 %
26-10-2010 120.2024 10000.0 1202024 1102.02 %
26-11-2010 111.7188 10000.0 1117188 1017.19 %
27-12-2010 108.1682 10000.0 1081682 981.68 %
27-01-2011 100.274 10000.0 1002740 902.74 %
28-02-2011 98.46 10000.0 984600 884.6 %
28-03-2011 106.447 10000.0 1064470 964.47 %
26-04-2011 110.9218 10000.0 1109218 1009.22 %
26-05-2011 96.9352 10000.0 969352 869.35 %
27-06-2011 101.2721 10000.0 1012721 912.72 %
26-07-2011 104.0417 10000.0 1040417 940.42 %
26-08-2011 84.3178 10000.0 843178 743.18 %
26-09-2011 87.735 10000.0 877350 777.35 %
28-10-2011 91.2948 10000.0 912948 812.95 %
28-11-2011 83.403 10000.0 834030 734.03 %
26-12-2011 77.5566 10000.0 775566 675.57 %
27-01-2012 91.3512 10000.0 913512 813.51 %
27-02-2012 93.3131 10000.0 933131 833.13 %
26-03-2012 93.5847 10000.0 935847 835.85 %
26-04-2012 92.1516 10000.0 921516 821.52 %
28-05-2012 89.8986 10000.0 898986 798.99 %
26-06-2012 93.0594 10000.0 930594 830.59 %
26-07-2012 94.3724 10000.0 943724 843.72 %
27-08-2012 93.5651 10000.0 935651 835.65 %
26-09-2012 105.3443 10000.0 1053443 953.44 %
26-10-2012 109.7146 10000.0 1097146 997.15 %
26-11-2012 108.9854 10000.0 1089854 989.85 %
26-12-2012 119.4521 10000.0 1194521 1094.52 %
28-01-2013 121.7431 10000.0 1217431 1117.43 %
26-02-2013 111.269 10000.0 1112690 1012.69 %
26-03-2013 104.0942 10000.0 1040942 940.94 %
26-04-2013 113.1101 10000.0 1131101 1031.1 %
27-05-2013 116.9915 10000.0 1169915 1069.91 %
26-06-2013 103.4959 10000.0 1034959 934.96 %
26-07-2013 96.12 10000.0 961200 861.2 %
26-08-2013 85.1471 10000.0 851471 751.47 %
26-09-2013 90.3399 10000.0 903399 803.4 %
28-10-2013 97.6389 10000.0 976389 876.39 %
26-11-2013 100.3694 10000.0 1003694 903.69 %
26-12-2013 107.305 10000.0 1073050 973.05 %
27-01-2014 99.4408 10000.0 994408 894.41 %
26-02-2014 99.9251 10000.0 999251 899.25 %
26-03-2014 113.9772 10000.0 1139772 1039.77 %
28-04-2014 123.3445 10000.0 1233445 1133.44 %
26-05-2014 146.2072 10000.0 1462072 1362.07 %
26-06-2014 146.9671 10000.0 1469671 1369.67 %
28-07-2014 148.86 10000.0 1488600 1388.6 %
26-08-2014 150.3445 10000.0 1503445 1403.44 %
26-09-2014 152.2915 10000.0 1522915 1422.91 %
27-10-2014 158.9494 10000.0 1589494 1489.49 %
26-11-2014 170.1832 10000.0 1701832 1601.83 %
26-12-2014 175.1207 10000.0 1751207 1651.21 %
27-01-2015 197.0508 10000.0 1970508 1870.51 %
26-02-2015 181.0415 10000.0 1810415 1710.41 %
26-03-2015 173.1673 10000.0 1731673 1631.67 %
27-04-2015 171.2991 10000.0 1712991 1612.99 %
26-05-2015 176.7845 10000.0 1767845 1667.85 %
26-06-2015 178.7802 10000.0 1787802 1687.8 %
27-07-2015 179.017 10000.0 1790170 1690.17 %
26-08-2015 166.0257 10000.0 1660257 1560.26 %
28-09-2015 169.8309 10000.0 1698309 1598.31 %
26-10-2015 175.9833 10000.0 1759833 1659.83 %
26-11-2015 168.7952 10000.0 1687952 1587.95 %
28-12-2015 166.6592 10000.0 1666592 1566.59 %
27-01-2016 152.5722 10000.0 1525722 1425.72 %
26-02-2016 137.8775 10000.0 1378775 1278.78 %
28-03-2016 153.2201 10000.0 1532201 1432.2 %
26-04-2016 167.0629 10000.0 1670629 1570.63 %
26-05-2016 170.7041 10000.0 1707041 1607.04 %
27-06-2016 174.4695 10000.0 1744695 1644.7 %
26-07-2016 189.7489 10000.0 1897489 1797.49 %
26-08-2016 195.5149 10000.0 1955149 1855.15 %
26-09-2016 202.7248 10000.0 2027248 1927.25 %
26-10-2016 201.7971 10000.0 2017971 1917.97 %
28-11-2016 187.418 10000.0 1874180 1774.18 %
26-12-2016 180.2759 10000.0 1802759 1702.76 %
27-01-2017 202.3389 10000.0 2023389 1923.39 %
27-02-2017 212.8716 10000.0 2128716 2028.72 %
27-03-2017 219.0288 10000.0 2190288 2090.29 %
26-04-2017 234.1936 10000.0 2341936 2241.94 %
26-05-2017 241.6155 10000.0 2416155 2316.15 %
27-06-2017 244.9638 10000.0 2449638 2349.64 %
26-07-2017 259.4908 10000.0 2594908 2494.91 %
28-08-2017 260.898 10000.0 2608980 2508.98 %
26-09-2017 257.1825 10000.0 2571825 2471.83 %
26-10-2017 261.1229 10000.0 2611229 2511.23 %
27-11-2017 265.5258 10000.0 2655258 2555.26 %
26-12-2017 267.6431 10000.0 2676431 2576.43 %
29-01-2018 277.8994 10000.0 2778994 2678.99 %
26-02-2018 265.1836 10000.0 2651836 2551.84 %
26-03-2018 252.5595 10000.0 2525595 2425.59 %
26-04-2018 265.187 10000.0 2651870 2551.87 %
28-05-2018 269.6674 10000.0 2696674 2596.67 %
26-06-2018 266.9622 10000.0 2669622 2569.62 %
26-07-2018 274.6168 10000.0 2746168 2646.17 %
27-08-2018 289.58 10000.0 2895800 2795.8 %
26-09-2018 253.1534 10000.0 2531534 2431.53 %
26-10-2018 231.684 10000.0 2316840 2216.84 %
26-11-2018 254.2687 10000.0 2542687 2442.69 %
26-12-2018 262.0968 10000.0 2620968 2520.97 %
28-01-2019 253.107 10000.0 2531070 2431.07 %
26-02-2019 250.8932 10000.0 2508932 2408.93 %
26-03-2019 277.1114 10000.0 2771114 2671.11 %
26-04-2019 283.4381 10000.0 2834381 2734.38 %
27-05-2019 303.8865 10000.0 3038865 2938.86 %
26-06-2019 296.1336 10000.0 2961336 2861.34 %
26-07-2019 274.8729 10000.0 2748729 2648.73 %
26-08-2019 257.9737 10000.0 2579737 2479.74 %
26-09-2019 273.0323 10000.0 2730323 2630.32 %
29-10-2019 267.9584 10000.0 2679584 2579.58 %
26-11-2019 290.3242 10000.0 2903242 2803.24 %
26-12-2019 290.3825 10000.0 2903825 2803.83 %
27-01-2020 290.3105 10000.0 2903105 2803.11 %
26-02-2020 280.4941 10000.0 2804941 2704.94 %
26-03-2020 170.4312 10000.0 1704312 1604.31 %
27-04-2020 168.2619 10000.0 1682619 1582.62 %
26-05-2020 149.391 10000.0 1493910 1393.91 %
26-06-2020 190.9584 10000.0 1909584 1809.58 %
27-07-2020 194.6917 10000.0 1946917 1846.92 %
26-08-2020 209.4008 10000.0 2094008 1994.01 %
28-09-2020 196.054 10000.0 1960540 1860.54 %
26-10-2020 206.2672 10000.0 2062672 1962.67 %
26-11-2020 247.2537 10000.0 2472537 2372.54 %
28-12-2020 260.9987 10000.0 2609987 2509.99 %
27-01-2021 262.0739 10000.0 2620739 2520.74 %
26-02-2021 304.0737 10000.0 3040737 2940.74 %
26-03-2021 288.9022 10000.0 2889022 2789.02 %
26-04-2021 283.6898 10000.0 2836898 2736.9 %
26-05-2021 320.7942 10000.0 3207942 3107.94 %
28-06-2021 334.5666 10000.0 3345666 3245.67 %
26-07-2021 339.8487 10000.0 3398487 3298.49 %
26-08-2021 340.7982 10000.0 3407982 3307.98 %
27-09-2021 359.9513 10000.0 3599513 3499.51 %
26-10-2021 383.7711 10000.0 3837711 3737.71 %
26-11-2021 345.3573 10000.0 3453573 3353.57 %
27-12-2021 335.5208 10000.0 3355208 3255.21 %
27-01-2022 363.1462 10000.0 3631462 3531.46 %
28-02-2022 345.2393 10000.0 3452393 3352.39 %
28-03-2022 347.151 10000.0 3471510 3371.51 %
26-04-2022 358.2391 10000.0 3582391 3482.39 %
26-05-2022 333.686 10000.0 3336860 3236.86 %
27-06-2022 326.0363 10000.0 3260363 3160.36 %
26-07-2022 354.8224 10000.0 3548224 3448.22 %
26-08-2022 376.4093 10000.0 3764093 3664.09 %
26-09-2022 371.606 10000.0 3716060 3616.06 %
27-10-2022 394.9749 10000.0 3949749 3849.75 %
28-11-2022 406.4451 10000.0 4064451 3964.45 %
26-12-2022 405.1291 10000.0 4051291 3951.29 %
27-01-2023 388.7801 10000.0 3887801 3787.8 %
27-02-2023 384.8266 10000.0 3848266 3748.27 %
27-03-2023 371.5026 10000.0 3715026 3615.03 %
26-04-2023 401.1674 10000.0 4011674 3911.67 %
26-05-2023 423.6831 10000.0 4236831 4136.83 %
26-06-2023 433.1735 10000.0 4331735 4231.73 %
26-07-2023 460.7643 10000.0 4607643 4507.64 %
28-08-2023 454.1715 10000.0 4541715 4441.72 %
26-09-2023 462.8656 10000.0 4628656 4528.66 %
26-10-2023 448.4046 10000.0 4484046 4384.05 %
28-11-2023 471.6647 10000.0 4716647 4616.65 %
26-12-2023 503.855 10000.0 5038550 4938.55 %
29-01-2024 495.4616 10000.0 4954616 4854.62 %
26-02-2024 511.2323 10000.0 5112323 5012.32 %
26-03-2024 504.9811 10000.0 5049811 4949.81 %
26-04-2024 522.0789 10000.0 5220789 5120.79 %
27-05-2024 530.6298 10000.0 5306298 5206.3 %
26-06-2024 564.0308 10000.0 5640308 5540.31 %
26-07-2024 566.8438 10000.0 5668438 5568.44 %

RETURNS CALCULATOR for Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option

Growth of 10000 In SIP (Fund vs Benchmark)

Amount :
Period :
Start :
End :

Growth of 10000 In LUMPSUM (Fund vs Benchmark)

Amount :
Start :

Rolling Returns

Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.

Riskometer

riskometer

Key Performance and Risk Statistics of Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option

Key Statistics Volatility Sharpe Ratio Alpha Beta Yield to Maturity Average Maturity
Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option 14.79 0.8 3.33 0.96 - -
Equity: Sectoral-Banking and Financial Services - - - - - -

PEER COMPARISION of Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option

Amount :
Start :
End :
Period
Data as on - 26-07-2024
Scheme Name Launch
Date
1-Year
Ret (%)
2-Yrs
Ret (%)
3-Yrs
Ret (%)
5-Yrs
Ret (%)
10-Yrs
Ret (%)
Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option 01-05-2003 23.02 26.39 18.59 15.58 14.25
Quant BFSI Fund - Growth Option - Regular Plan 05-06-2023 62.17 0.0 0.0 0.0 0.0
Invesco India Financial Services Fund - Retail Growth 14-07-2008 33.25 30.24 17.89 17.01 15.86
Sundaram Financial Services Opportunities Fund Regular Plan - Growth 10-06-2008 28.57 30.54 20.27 18.22 15.1
SBI Banking & Financial Services Fund - Regular Plan - Growth 01-02-2015 28.38 25.18 15.87 15.64 0.0
UTI Banking and Financial Services Fund - Regular Plan - Growth Option 01-08-2005 20.98 23.47 15.23 12.2 11.66
Baroda BNP Paribas Banking and Financial Services Fund - Regular - Growth Option 22-06-2012 20.95 21.88 14.46 12.33 11.9
Kotak Banking & Financial Services Fund - Regular Plan - Growth 27-02-2023 20.74 0.0 0.0 0.0 0.0
HDFC Banking and Financial Services Fund - Growth Option 05-06-2021 20.55 25.19 16.05 0.0 0.0
Mirae Asset Banking and Financial Services Fund Regular Growth 11-12-2020 20.43 24.95 16.7 0.0 0.0

PORTFOLIO ANALYSIS of Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option

Asset Allocation (%)

Allocation Percentage (%)

Market Cap Distribution

Small Cap

11.07%

Others

0.82%

Large Cap

77.26%

Mid Cap

10.85%

Total

100%