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Nippon India Banking and Financial Services Fund - IDCW Option

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

Category: Equity: Sectoral-Banking and Financial Services
Launch Date: 26-05-2003
Asset Class: Equity
Benchmark: NIFTY Financial Services TRI
Expense Ratio: 1.85% As on (31-08-2025)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 698.94 Cr As on (29-08-2025)
Turn over: 30
NAV (₹): 71.2519
₹ 0.27 ( 0.3827%)
as on 15-09-2025
CAGR Since Inception - 18.63%
NIFTY Financial Services TRI - 17.54%

Fund Managers

FM 1 Vinay Sharma, FM 2 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.

PERFORMANCE of Nippon India Banking and Financial Services Fund - IDCW Option

Scheme Performance (%) Data as on - 15-09-2025

1-Year Ret (%) 3-Yrs Ret (%) 5-Yrs Ret (%) 10-Yrs Ret (%) Since Launch Ret (%)
Nippon India Banking and Financial Services Fund - IDCW Option 4.75 15.2 24.42 13.1 18.63
Nifty Financial Services TRI 11.1 13.36 20.32 15.35 17.54
Equity: Sectoral-Banking and Financial Services 6.11 14.6 20.92 13.49 14.03

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

Growth of 10000 In SIP (Fund vs Benchmark)

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Growth of 10000 In LUMPSUM (Fund vs Benchmark)

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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.

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

Key Statistics Volatility Sharpe Ratio Alpha Beta Yield to Maturity Average Maturity
Nippon India Banking and Financial Services Fund - IDCW Option 14.79 0.78 4.97 0.87 - -
Equity: Sectoral-Banking and Financial Services - - - - - -

PEER COMPARISION

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 IDCW IDCW 26-05-2003 4.75 13.73 15.2 24.42 13.1
DSP Banking & Financial Services Reg Gr 15-12-2023 13.55 0.0 0.0 0.0 0.0
SBI Banking and Fin Services Reg Gr 01-02-2015 11.26 20.52 17.04 21.76 16.89
Baroda BNP Paribas Banking and Fin Services Plan A Gr 22-06-2012 9.88 16.78 14.67 19.63 12.5
WhiteOak Capital Banking & Financial Services Reg Gr 06-02-2024 8.89 0.0 0.0 0.0 0.0
UTI Banking and Fin Services Reg Gr 01-08-2005 7.95 14.83 14.35 21.22 11.88
Mirae Asset Banking and Fin Services Reg Gr 11-12-2020 7.35 13.48 15.32 0.0 0.0
ICICI Pru Banking and Fin Services Gr 05-08-2008 7.12 13.8 14.37 20.85 14.18
Helios Financial Services Fund Reg Gr 13-06-2024 7.08 0.0 0.0 0.0 0.0
Tata Banking And Fin Services Reg Gr 18-12-2015 6.34 13.15 15.81 20.25 0.0

Asset Allocation (%)

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

Portfolio as on

Top 10 Sectors in portfolio (%)

Top 10 Stocks in portfolio (%)

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