1M
6M
1Y
3Y
5Y
All
| NAV: 13 May 2024 | ₹559.98 |
| Min. SIP amount | ₹100 |
| Rating | 4 |
| Fund size | ₹5,541.72Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Equity Sectoral / Thematic
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 25.4% | 20.9% | 14.8% | 14.3% |
| Category average | 20.9% | 17.2% | 13.6% | NA |
| Rank with in category | 5 | 2 | 6 | NA |
Understand terms
Holdings (26)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
HDFC Bank Ltd. | Financial | Equity | 18.28% |
ICICI Bank Ltd. | Financial | Equity | 16.43% |
Axis Bank Ltd. | Financial | Equity | 9.34% |
State Bank of India | Financial | Equity | 6.20% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 4.25% |
The Federal Bank Ltd. | Financial | Equity | 4.14% |
SBI Life Insurance Company Ltd. | Insurance | Equity | 3.67% |
Indusind Bank Ltd. | Financial | Equity | 3.36% |
SBI Cards And Payment Services Ltd. | Financial | Equity | 3.05% |
ICICI Prudential Life Insurance Company Ltd. | Insurance | Equity | 2.79% |
See All
Expense ratio, exit load and tax
Expense ratio: 1.09%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 1 month.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹100 |
Fund management
Vinay SharmaApr 2018 - PresentView details
Vinay Sharma
Apr 2018 - Present
View details
Education
Mr. Sharma is B.Arch & PGDCM
Experience
Prior to joining Nippon India Mutual Fund he has worked with ICICI Prudential AMC, Kotak Mahindra Mutual Fund, J.P. Morgan India Pvt. Ltd. and UTI Bank.
Also manages these schemes
Bhavik DaveJun 2021 - PresentView details
Bhavik Dave
Jun 2021 - Present
View details
Education
Mr. Dave is a BBA and PGDM
Experience
Prior joining to Nippon India Mutual Fund he has worked with Motilal Oswal Securities Limited - Research Associate (Institutional Equities), Crisil Global Analytics Centre - Credit Analyst – US Oil & Gas Sector, Grantham Mayo, Van Otterloo & Co. - Research Associate Internship.
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
4th Floor, Tower A, Peninsula Business Park,Ganapatrao Kadam Marg, Lower Parel (W), Mumbai 400013
Phone
NA
Launch Date
30 Jun 1995
Nippon India Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
Nippon India Banking & Financial Services Fund Direct Growth
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