Nippon India Nifty Bank Index Fund · Regular · Growth
NAV
₹11.6229
as of 30 Sept 2026
Expense Ratio
0.90%
AUM
₹202 Cr
Lumpsum returns (CAGR)
- 1Y
- -0.28%
- 3Y
- —
- 5Y
- —
- Since Inception
- +5.95%
SIP returns (XIRR)
- 1Y
- -6.34%
- 3Y
- —
- 5Y
- —
- Since Inception
- +1.66%
Not enough verified history to show honest backtest scenarios (this fund is under 3 years old).
Risk Metrics
Trailing 1 year, annualised0.05
Sharpe Ratio
—
Alpha
—
Beta
0.05
Sortino
15.62%
Std Dev
-18.40%
Max Drawdown
Performance Comparison
Sectoral allocation
as of 31 Aug 2026- Banks99.90%
Each sector links to the mutual funds most exposed to it.
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Fund Details
Available transactions
What this fund does
Nippon India Nifty Bank Index Fund · Regular · Growth is a passively managed fund that tracks a specific market index, aiming to replicate its returns with minimal tracking error. Index funds offer low-cost, diversified exposure to the market with full transparency of holdings.
About This Fund
Nippon India Nifty Bank Index Fund · Regular · Growth is a Index Fund mutual fund offered by Nippon India Mutual Fund. The fund has been operational for over 2 years. It manages assets worth ₹202 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY BANK TRI. The current expense ratio is 0.90%.
Who Should Invest?
- •Cost-conscious investors who prefer passive investing with low expense ratios