Nippon India Banking & Financial Services Fund - Direct Plan IDCW | Nippon India Banking & Financial Services Fund - Direct Plan NAV Today [104.62], Performance & History

Nippon India Banking & Financial Services Fund - Direct Plan is a Equity mutual fund categorized under Sector, offered by Nippon Life India Asset Management Ltd.. Launched on 01 Jan 2013, investors ... Read more

NAV History

Fund Details

Min. SIP Amount

₹100

Inception Date

01 Jan 2013

Min. Lumpsum Amount

₹ 5,000

Fund Age

13 Yrs

AUM

₹ 7,778.04 Cr.

Benchmark

Nifty Financial Services Total Return

Expense Ratio

0.96%

Scheme Type

Open Ended

Exit Load

Returns Calculator

Investment amount per month

₹1,000

Over the past

Would have become

On total investment of

*Calculation based on past performance of this fund.

Asset Allocation

AUM

₹ 7,778.04 Cr

Equity

98.39%

Money Market & Cash

1.75%

Sector Holdings

Sectors	Weightage
Finance - Banks - Private Sector	56.36%
Finance & Investments	8.28%
Finance - Banks - Public Sector	7.80%
Non-Banking Financial Company (NBFC)	6.33%
Finance - Life Insurance	6.04%
Holding Company	3.23%
Finance - Mutual Funds	3.09%
Treps/Reverse Repo	1.75%
Finance - Housing	1.56%
Financial Technologies (Fintech)	1.39%
Finance - Term Lending Institutions	1.34%
Exchange Platform	1.27%
Finance - Non Life Insurance	1.00%
Microfinance Institutions	0.70%

See All

Stock Holdings

Name	Weightage	Value (in Cr.)	Sector
HDFC Bank Limited	20.01%	₹ 1,432.35	Finance - Banks - Private Sector
ICICI Bank Limited	14.97%	₹ 1,072.11	Finance - Banks - Private Sector
Axis Bank Limited	9.66%	₹ 691.50	Finance - Banks - Private Sector
State Bank of India	5.50%	₹ 393.88	Finance - Banks - Public Sector
SBI Life Insurance Company Limited	4.11%	₹ 294.49	Finance - Life Insurance
SBI Cards and Payment Services Limited	3.50%	₹ 250.60	Non-Banking Financial Company (NBFC)
Bajaj Finserv Limited	3.23%	₹ 231.20	Holding Company
IndusInd Bank Limited	3.13%	₹ 224.25	Finance - Banks - Private Sector
Cholamandalam Financial Holdings Limited	2.77%	₹ 198.32	Finance & Investments
Bajaj Finance Limited	2.58%	₹ 184.48	Non-Banking Financial Company (NBFC)
Max Financial Services Limited	2.54%	₹ 182.07	Finance & Investments
Kotak Mahindra Bank Limited	2.33%	₹ 167.01	Finance - Banks - Private Sector
AU Small Finance Bank Limited	2.32%	₹ 165.89	Finance - Banks - Private Sector
Bank of Baroda	2.30%	₹ 164.54	Finance - Banks - Public Sector
The Federal Bank Limited	2.09%	₹ 149.64	Finance - Banks - Private Sector
HDFC Life Insurance Company Limited	1.93%	₹ 138.04	Finance - Life Insurance
UTI Asset Management Company Limited	1.90%	₹ 135.92	Finance - Mutual Funds
Angel One Limited	1.87%	₹ 133.98	Finance & Investments
Equitas Small Finance Bank Limited	1.85%	₹ 132.66	Finance - Banks - Private Sector
Triparty Repo	1.75%	₹ 125.26	Others
One 97 Communications Limited	1.39%	₹ 99.25	Financial Technologies (Fintech)
Power Finance Corporation Limited	1.34%	₹ 96.25	Finance - Term Lending Institutions
Multi Commodity Exchange of India Limited	1.27%	₹ 91.18	Exchange Platform
HDFC Asset Management Company Limited	1.19%	₹ 85.25	Finance - Mutual Funds
Aavas Financiers Limited	1.14%	₹ 81.68	Finance - Housing
KFin Technologies Limited	1.10%	₹ 78.49	Finance & Investments
ICICI Lombard General Insurance Company Limited	1.00%	₹ 71.52	Finance - Non Life Insurance
CreditAccess Grameen Limited	0.70%	₹ 50.02	Microfinance Institutions
PNB Housing Finance Limited	0.42%	₹ 29.93	Finance - Housing
Fedbank Financial Services Limited	0.25%	₹ 17.58	Non-Banking Financial Company (NBFC)

See All

Returns

	Annualised returns
	9M	1Y	2Y	3Y
Fund returns	0.45%	4.25%	4.80%	9.87%
Category returns	5.58%	6.26%	12.22%	26.95%

Fund Objective

The primary investment objective of the scheme is to seek to generate continuous returns by actively investing in equity and equity related or fixed income securities of companies in banking sector.

AMC Details

Name

Nippon Life India Asset Management Ltd.

Date of Incorporation

30 Jun 1995

CEO

Mr. Sundeep Sikka

CIO

Mr. Amit Tripathi Mr. Sailesh Raj Bhan

Type

Foreign

Address

4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai, Maharashtra, India - 400013

Website

https://www.nipponindiamf.com

customercare@nipponindiamf.com

Top Funds from Equity - Sectoral/Thematic

Scheme Name	NAV	Returns 1Y 3Y 5Y			AUM (Cr)	Expense Ratio	Risk Meter
ICICI Prudential Technology Fund - Direct Plan Sector Direct	₹139.08	-5.85%	32.87%	69.75%	₹15,892	0.99%	Very High
ICICI Prudential Technology Fund - Direct Plan Sector Direct	₹139.08	-5.85%	32.87%	69.75%	₹15,892	0.99%	Very High
Nippon India Banking & Financial Services Fund - Direct Plan Sector Direct	₹104.62	4.25%	32.64%	84.17%	₹7,778	0.96%	Very High
Mahindra Manulife Consumption Fund - Direct Plan Diversified Direct	₹18.76	-2.41%	32.23%	65.76%	₹559	0.63%	Very High
Mahindra Manulife Consumption Fund - Direct Plan Diversified Direct	₹18.76	-2.41%	32.23%	65.76%	₹559	0.63%	Very High
ICICI Prudential Commodities Fund Diversified Regular	₹31.98	11.66%	31.66%	128.43%	₹3,409	1.96%	Very High
ICICI Prudential Commodities Fund Diversified Regular	₹31.98	11.66%	31.66%	128.43%	₹3,409	1.96%	Very High
Aditya Birla Sun Life Banking and Financial Services Fund Sector Regular	₹23.25	12.75%	31.58%	51.17%	₹3,694	1.95%	Very High
Aditya Birla Sun Life Banking and Financial Services Fund Sector Regular	₹23.25	12.75%	31.58%	51.17%	₹3,694	1.95%	Very High
Baroda BNP Paribas Banking and Financial Services Fund -... Sector Direct	₹25.76	9.20%	31.38%	40.13%	₹373	0.76%	Very High

Top Funds from Nippon Life India Asset Management Ltd.

Scheme Name	NAV	Returns 1Y 3Y 5Y			AUM (Cr)	Expense Ratio	Risk Meter
Nippon India Aggressive Hybrid Fund Hybrid Regular	₹28.17	0.73%	32.93%	78.35%	₹4,102	1.95%	Very High
Nippon India Aggressive Hybrid Fund Hybrid Regular	₹28.17	0.73%	32.93%	78.35%	₹4,102	1.95%	Very High
Nippon India Banking & Financial Services Fund - Direct Plan Sector Direct	₹104.62	4.25%	32.64%	84.17%	₹7,778	0.96%	Very High
Nippon India Equity Savings Fund - Direct Plan Hybrid Direct	₹18.13	7.64%	32.56%	56.52%	₹920	1.75%	Moderate
Nippon India Equity Savings Fund - Direct Plan Hybrid Direct	₹18.13	7.64%	32.56%	56.52%	₹920	1.75%	Moderate
Nippon India Equity Savings Fund - Direct Plan Hybrid Direct	₹15.40	7.64%	32.56%	56.52%	₹920	1.75%	Moderate
Nippon India Equity Savings Fund - Direct Plan Hybrid Direct	₹15.40	7.64%	32.56%	56.52%	₹920	1.75%	Moderate
Nippon India Equity Savings Fund - Direct Plan Hybrid Direct	₹15.62	7.64%	32.56%	56.52%	₹920	1.75%	Moderate
Nippon India Equity Savings Fund - Direct Plan Hybrid Direct	₹15.62	7.64%	32.56%	56.52%	₹920	1.75%	Moderate
Nippon India Equity Savings Fund - Direct Plan Hybrid Direct	₹15.38	7.64%	32.56%	56.51%	₹920	1.75%	Moderate

FAQs

What is the current NAV of Nippon India Banking & Financial Services Fund - Direct Plan IDCW?

The current Net Asset Value (NAV) of Nippon India Banking & Financial Services Fund - Direct Plan IDCW is ₹104.62 as of 30 Jan 2026. NAV represents the per-unit market value of the fund and is updated daily based on the closing prices of the underlying securities.

What is the fund size (AUM) of Nippon India Banking & Financial Services Fund - Direct Plan IDCW?

The Assets Under Management (AUM) of Nippon India Banking & Financial Services Fund - Direct Plan IDCW is ₹7,778.04 Crores. AUM indicates the total market value of assets managed by the fund and reflects investor confidence and fund popularity.

What are the historical returns of Nippon India Banking & Financial Services Fund - Direct Plan IDCW?

Nippon India Banking & Financial Services Fund - Direct Plan IDCW has delivered returns of 4.25% (1 Year), 9.87% (3 Year), 12.99% (5 Year). Past performance does not guarantee future results, and investors should consider their risk appetite before investing.

What is the risk level of Nippon India Banking & Financial Services Fund - Direct Plan IDCW?

Nippon India Banking & Financial Services Fund - Direct Plan IDCW has a risk rating of 'Very High' as per the SEBI Riskometer. This indicates the fund is suitable for very aggressive investors comfortable with significant market volatility. Investors should align their investment choices with their personal risk tolerance and financial goals.

What is the minimum investment amount for Nippon India Banking & Financial Services Fund - Direct Plan IDCW?

The minimum lumpsum investment required for Nippon India Banking & Financial Services Fund - Direct Plan IDCW is ₹5,000. The fund also offers SIP (Systematic Investment Plan) option starting from as low as ₹100, making it accessible for regular investments. This allows investors to start their mutual fund journey with a manageable amount.

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