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Sectoral / Thematicregulargrowth📊 NIFTY FINANCIAL SERVICES TRI

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

Nippon India Mutual Fund

#118 of 213 (1Y)

₹619.0768

9.04 (-1.44%)

NAV as of 29 May 2026

Today's NAV — all variants

Regular · Growth

₹₹619.0768

9.04 (-1.44%)

29 May 2026

AMFI: 101862

Direct · Growth

₹₹681.5028

9.92 (-1.43%)

29 May 2026

AMFI: 118589

Regular · IDCW

₹₹65.6409

0.96 (-1.44%)

29 May 2026

AMFI: 101864

Direct · IDCW

₹₹98.9836

1.44 (-1.43%)

29 May 2026

AMFI: 118591

Returns (Lumpsum)

CAGR for periods ≥ 1 year
1 Week+0.64%
1 Month-3.69%
3 Months-7.45%
6 Months-5.51%
1 Year+1.27%
3 Years (CAGR)+13.85%
5 Years (CAGR)+14.33%
10 Years (CAGR)+14.31%
Since Inception (May 2003)+19.68%

Returns calculated from 24 March 2015 onwards due to a structural change in the scheme on that date. Pre-2015 NAV history is preserved but excluded from multi-year return calculations. Periods spanning this date show —.

SIP Returns (XIRR)

₹1,000/month SIP, annualised
1 Year SIP-2.46%
3 Year SIP+8.33%
5 Year SIP+12.50%
Since Inception (May 2003)+16.04%

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹1,38,000

Invested

₹11,77,175

Value today

16.1%

XIRR (p.a.)

500/month SIP from fund inception · Current value as of today

Try SIP Calculator with this fund's history

1,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹1,000

Invested

₹61,908

Value today

19.6%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

Try Lumpsum Calculator

₹10L corpus with ₹5,000/month withdrawals since inception

Corpus is still growing despite monthly payouts

₹10,00,000

Initial corpus

₹13,80,000

Withdrawn

₹5,01,35,934

Corpus left

+₹5,05,15,934 net gain — withdrew ₹13,80,000 AND corpus grew

Plan your SWP with real NAV

₹6L corpus via 12-month STP from a liquid fund at inception

₹50K/month transferred from HDFC Liquid → this fund at launch

₹6,00,000

Invested

₹2,73,85,519

Value today

-26.3%

vs lumpsum

Direct lumpsum would have beaten STP by 26.3% — but STP reduced timing risk

Model your own STP with real NAV

Beat the benchmark — ₹500/month SIP

Same SIP in this fund vs the benchmark index

This fund

₹11,77,175

Benchmark

₹8,48,475

+₹3,28,700 extra wealth vs the benchmark index

Backtest this SIP yourself

₹1 lakh on the worst crash day — 22 Mar 2020

Worst single-day Nifty drop during this fund's life

₹1,00,000

Invested

₹4,05,840

Value today

4.1×

Multiple

Staying invested through that crash turned ₹1L into ₹4,05,840 — a 4.1× return

Read: Staying invested through crashes

Direct vs Regular — ₹500/month over 10 years

Expense ratio drag on your actual returns

Direct plan

₹1,22,623

Regular plan

₹1,20,641

Direct earns ₹1,982 more on a ₹60K investment0.33% extra return per year

Same fund, same NAV history — only the expense ratio differs. Direct plans always outperform Regular over time.

Learn about Direct vs Regular plans

Fund Details

Fund HouseNippon India Mutual Fund
CategorySectoral / Thematic
Plan Typeregular
Optiongrowth
AUM₹7,644 Cr
Expense Ratio1.83%
Min SIP₹500
Min Lumpsum₹1,000
BenchmarkNIFTY FINANCIAL SERVICES TRI ✓
Launch Date26 May 2003
AMFI Code101862

Risk Metrics

Trailing 1 year, annualised

0.02

Sharpe Ratio

+0.05

Alpha

0.46

Beta

0.02

Sortino

15.73%

Std Dev

-16.75%

Max Drawdown

Portfolio Holdings

Top 36 holdings · as of Mar 2026

Security% NAV

HDFC Bank Limited

INE040A01034

13.74%

ICICI Bank Limited

INE090A01021

13.53%

Axis Bank Limited

INE238A01034

9.63%

State Bank of India

INE062A01020

6.07%

SBI Cards and Payment Services Limited

INE018E01016

3.68%

Kotak Mahindra Bank Limited

INE237A01036

3.61%

SBI Life Insurance Company Limited

INE123W01016

3.57%

Bajaj Finserv Limited

INE918I01026

3.10%

Cholamandalam Financial Holdings Limited

INE149A01033

2.77%

ICICI Prudential Asset Management Company Limited

INE346A01027

2.64%

Bank of Baroda

INE028A01039

2.50%

Max Financial Services Limited

INE180A01020

2.48%

Multi Commodity Exchange of India Limited

INE745G01043

2.45%

IndusInd Bank Limited

INE095A01012

2.42%

L&T Finance Limited

INE498L01015

1.70%

Star Health And Allied Insurance Company Limited

INE575P01011

1.67%

Equitas Small Finance Bank Limited

INE063P01018

1.66%

Bajaj Finance Limited

INE296A01032

1.61%

UTI Asset Management Company Limited

INE094J01016

1.59%

AU Small Finance Bank Limited

INE949L01017

1.58%

KFin Technologies Limited

INE138Y01010

1.56%

Angel One Limited

INE732I01021

1.49%

HDFC Life Insurance Company Limited

INE795G01014

1.43%

ICICI Lombard General Insurance Company Limited

INE765G01017

1.40%

Power Finance Corporation Limited

INE134E01011

1.33%

Aye Finance Limited

INE501X01029

1.31%

PNB Housing Finance Limited

INE572E01012

1.30%

Piramal Finance Limited

INE202B01038

1.14%

HDFC Asset Management Company Limited

INE127D01025

1.11%

The Federal Bank Limited

INE171A01029

0.93%

One 97 Communications Limited

INE982J01020

0.74%

Sundaram Finance Limited

INE660A01013

0.69%

ICICI Prudential Life Insurance Company Limited

INE726G01019

0.69%

Aavas Financiers Limited

INE216P01012

0.64%

HDB Financial Services Limited

INE756I01012

0.48%

Seshaasai Technologies Limited

INE04VU01023

0.34%

Performance Comparison

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Investment Objective

Nippon India Banking & Financial Services Fund-Growth Plan-Growth Option invests in stocks from a specific sector or theme, offering concentrated exposure to a particular area of the economy. These funds carry sector-specific risks but can deliver significant returns when the underlying sector performs well.

About This Fund

Nippon India Banking & Financial Services Fund-Growth Plan-Growth Option is a Sectoral / Thematic mutual fund offered by Nippon India Mutual Fund. The fund has been operational for over 23 years. It manages assets worth ₹7,644 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY FINANCIAL SERVICES TRI. The current expense ratio is 1.83%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • SIP investors who can benefit from rupee cost averaging during market fluctuations