Nippon India Banking & Financial Services Fund
NAV
₹717.54
as of 21 Aug 2026
Nippon India Banking & Financial Services Fund is an open-ended Sectoral/ Thematic scheme from Nippon India Mutual Fund managing ₹7,775 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹717.54 as of 21 Aug 2026. The expense ratio is 0.83% a year. Managed by Vinay Sharma. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.83% / yr
- as of 30 Jun 2026
- Fund size
- ₹7,775 crore
- as of 31 Jul 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 26 May 2003
- ISIN
- INF204K01XO1
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 20 Aug 2026Benchmark: Nifty Financial Services TRI
Nippon India Banking & Financial Services Fund
₹201
+101% on ₹100 over 5.0 yrs
Sectoral/ Thematic average
₹187
+87% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 4.47% | 6.78% | -2.31 |
| 6 months | -3.75% | 3.68% | -7.43 |
| 1 year | 4.53% | 6.07% | -1.54 |
| 3 years (CAGR) | 14.04% | 16.01% | -1.97 |
| 5 years (CAGR) | 14.92% | 15.20% | -0.28 |
Category average across 119 funds, as of 21 Aug 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- -1.6%
- Median
- 16.7%
- Best
- 39.7%
49 windows over the last 60 months, stepped monthly; 98% ended positive. Worst window began 2 Jun 2025. Windows overlap — this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 13.5%
- Median
- 18.5%
- Best
- 26.9%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 1 Aug 2023. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.46
- Sharpe ratio (5Y)
- 0.57
- Sortino ratio (3Y)
- 0.66 vs category 0.54
- Standard deviation (3Y)
- 15.28%
- Beta (3Y)
- 0.94
- Alpha (3Y)
- 2.35%
- Deepest fall (5Y)
- -14.89%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.
Deepest fall
-14.9%
Right now
-3.9% below peak
Ahead of its benchmark in 64% of months (window: 3y, monthly) — benchmark: Nifty Financial Services TRI, name shown only.
Where the money actually is
Equity
98.3%
Cash
1.7%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
41 positions · top 10 = 60.1%
Market-cap mix
Large 59.5%Mid 20.4%Small 18.4%Other 1.7%
as of 31 Jul 2026
Holdings by sector
Financial Services(10 in top 10)93.5%
- ICICI Bank Ltd13.92%
- HDFC Bank Ltd13.16%
- Axis Bank Ltd8.55%
- State Bank of India5.64%
- Kotak Mahindra Bank Ltd3.60%
- Bajaj Finserv Ltd3.33%
- SBI Cards and Payment Services Ltd Ordinary Shares3.31%
- SBI Life Insurance Co Ltd3.22%
- IndusInd Bank Ltd2.82%
- Cholamandalam Financial Holdings Ltd2.53%
- Technology4.9%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 20.4% vs category 37.3% a year.
The businesses it owns
- P/E (trailing)
- 20.0 vs category 25.8
- P/B
- 2.3 vs category 3.8
- Dividend yield
- 0.8% vs category 1.1%
- Net margin
- 25.1% vs category 15.4%
- Earnings growth
- 15.1%
- Avg market cap
- ₹1.87 lakh crore
Money in, money out
- Net flow, 12 months
- +₹318 cr
- Net flow, 3 months
- +₹62 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Nippon India Banking & Financial Services Fund?
- ₹717.54 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Nippon India Banking & Financial Services Fund?
- 0.83% a year for the Direct plan, as of 30 Jun 2026.
- How large is Nippon India Banking & Financial Services Fund?
- ₹7,775 crore under management as of 31 Jul 2026, in the Sectoral/ Thematic category.
- How risky is Nippon India Banking & Financial Services Fund?
- Its SEBI Riskometer reading is "Very High Risk". One sector, one story. The most-launched shelf on the map, by far.
- What are the 5-year returns of Nippon India Banking & Financial Services Fund?
- 14.92% a year over the last 5 years (Direct plan, CAGR), against a Sectoral/ Thematic average of 15.20%. Past returns do not predict future returns.
- What is the worst 3-year return of Nippon India Banking & Financial Services Fund?
- 13.5% a year — the weakest of 25 overlapping 3-year holding periods, beginning 1 Aug 2023. The median was 18.5% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages Nippon India Banking & Financial Services Fund?
- Vinay Sharma, managing this fund for 8.3 years.
Where this fund sits
Its shelf, all funds
St · Sectoral / thematic →
One sector, one story. The most-launched shelf on the map, by far.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Sectoral/ Thematic funds
- ICICI Prudential India Opportunities Fund₹38,299 crore
- ICICI Prudential Business Cycle Fund₹16,123 crore
- ICICI Prudential Technology Fund₹13,540 crore
- Nippon India Pharma Fund₹9,279 crore
- Nippon India Power & Infra Fund₹8,042 crore
- ICICI Prudential Innovation Fund₹7,844 crore
- ICICI Prudential Manufacturing Fund₹7,148 crore
- ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund₹6,803 crore
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (Nifty Financial Services TRI) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.