Nippon India Banking & Financial Services Fund Overview
Category Banking and Financial Fund
BMSMONEY Rank 4
BMSMONEY Rating
Gro. Opt. As On: 19-11-2024
NAV ₹562.29(R) +0.63% ₹611.04(D) +0.63%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 20.01% 15.53% 14.44% 11.39% 12.73%
LumpSum (D) 20.98% 16.47% 15.33% 12.24% 13.58%
SIP (R) -5.15% 17.87% 21.05% 16.65% 14.57%
SIP (D) -4.34% 18.85% 22.04% 17.53% 15.42%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.53 0.28 0.66 6.55% 0.09
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
15.69% -19.73% -13.67% 0.91 10.84%
Top Banking and Financial Fund
Fund Name Rank Rating
Invesco India Financial Services Fund 1
Sbi Banking & Financial Services Fund 2
Sundaram Financial Services Opportunities Fund 3

NAV Date: 19-11-2024

Scheme Name NAV Rupee Change Percent Change
Nippon India Banking & Financial Services Fund - IDCW Option 69.94
0.4400
0.6300%
Nippon India Banking & Financial Services Fund- DIRECT Plan - IDCW Option 102.67
0.6500
0.6300%
Nippon India Banking & Financial Services Fund-Growth Plan-Growth Option 562.29
3.5300
0.6300%
Nippon India Banking & Financial Services Fund-Growth Plan-Bonus Option 562.29
3.5300
0.6300%
Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Bonus Option 611.04
3.8500
0.6300%
Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Growth Option 611.04
3.8500
0.6300%

Review Date: 19-11-2024

Nippon India Banking & Financial Services Fund has exhibited good performance in the Banking and Financial Services Fund category. The fund has rank of 4 out of 13 funds in the category. The fund has delivered return of 20.01% in 1 year, 15.53% in 3 years, 14.44% in 5 years and 12.73% in 10 years. The category average for the same periods is 20.5%, 12.75%, 12.69% and 12.36% respectively, which shows good return performance of fund in the category. The fund has exhibited standard deviation of 15.69, VaR of -19.73, Average Drawdown of -4.03, Semi Deviation of 10.84 and Max Drawdown of -13.67. The category average for the same parameters is 15.45, -19.32, -5.05, 10.51 and -17.37 respectively. The fund has average risk in the category.

Key Points:

  1. An investment of ₹10,000 in Nippon India Banking & Financial Services Fund direct growth option would have grown to ₹12098.0 in 1 year, ₹15800.0 in 3 years and ₹20408.0 in 5 years as of today (19-11-2024).
  2. An SIP of ₹1,000 per month in Nippon India Banking & Financial Services Fund direct growth option would have grown to ₹11715.0 in 1 year, ₹47528.0 in 3 years and ₹103758.0 in 5 years as of today (19-11-2024).
  3. standard deviation of 15.69 and based on VaR one can expect to lose more than -19.73% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.53 which shows very good performance of fund in the banking and financial services fund category.
  5. The fund has R-square of 0.88, Beta of 0.91 and Jensen's Alpha of 6.55% which exhibit very good performance in the banking and financial services fund category .


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -3.76
-3.48
-4.92 | -2.51 15 | 21 Average
3M Return % 0.56
0.45
-9.40 | 4.83 13 | 21 Average
6M Return % 7.58
6.45
-7.68 | 11.61 10 | 20 Good
1Y Return % 20.01
20.50
9.29 | 29.62 9 | 17 Good
3Y Return % 15.53
12.75
10.13 | 15.84 2 | 13 Very Good
5Y Return % 14.44
12.69
9.97 | 15.05 3 | 11 Very Good
7Y Return % 11.39
10.89
5.63 | 13.84 6 | 11 Good
10Y Return % 12.73
12.36
10.08 | 14.58 5 | 8 Average
15Y Return % 14.27
13.65
11.45 | 15.06 3 | 5 Good
1Y SIP Return % -5.15
-6.15
-17.39 | 0.83 8 | 17 Good
3Y SIP Return % 17.87
16.14
10.40 | 22.11 4 | 13 Very Good
5Y SIP Return % 21.05
17.54
13.49 | 21.05 1 | 11 Very Good
7Y SIP Return % 16.65
14.84
11.41 | 17.40 3 | 11 Very Good
10Y SIP Return % 14.57
13.70
11.54 | 15.87 3 | 8 Good
15Y SIP Return % 14.57
14.20
11.67 | 15.57 3 | 5 Good
Standard Deviation 15.69
15.45
14.37 | 16.28 10 | 13 Average
Semi Deviation 10.84
10.51
10.14 | 10.97 11 | 13 Average
Max Drawdown % -13.67
-17.37
-19.28 | -13.67 1 | 13 Very Good
VaR 1 Y % -19.73
-19.32
-23.25 | -17.15 9 | 13 Average
Average Drawdown % -4.03
-5.05
-6.14 | -3.94 2 | 13 Very Good
Sharpe Ratio 0.53
0.37
0.18 | 0.57 3 | 13 Very Good
Sterling Ratio 0.66
0.47
0.38 | 0.66 1 | 13 Very Good
Sortino Ratio 0.28
0.20
0.12 | 0.31 3 | 13 Very Good
Jensen Alpha % 6.55
4.20
1.02 | 7.86 3 | 13 Very Good
Treynor Ratio 0.09
0.06
0.03 | 0.10 2 | 13 Very Good
Modigliani Square Measure % 16.09
12.76
9.30 | 16.09 1 | 13 Very Good
Alpha % 5.73
3.72
0.90 | 7.10 3 | 13 Very Good
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -3.69 -3.38 -4.80 | -2.43 15 | 21
3M Return % 0.76 0.79 -9.03 | 5.24 13 | 21
6M Return % 8.01 7.18 -6.92 | 12.46 10 | 20
1Y Return % 20.98 22.07 11.13 | 31.06 10 | 17
3Y Return % 16.47 14.11 11.65 | 17.41 3 | 13
5Y Return % 15.33 13.94 11.39 | 16.57 3 | 11
7Y Return % 12.24 12.11 6.98 | 15.18 6 | 11
10Y Return % 13.58 13.53 11.26 | 16.33 5 | 8
1Y SIP Return % -4.34 -4.85 -15.91 | 2.24 10 | 17
3Y SIP Return % 18.85 17.56 12.09 | 23.77 4 | 13
5Y SIP Return % 22.04 18.89 15.10 | 22.29 2 | 11
7Y SIP Return % 17.53 16.09 12.85 | 18.92 4 | 11
10Y SIP Return % 15.42 14.84 12.70 | 17.47 3 | 8
Standard Deviation 15.69 15.45 14.37 | 16.28 10 | 13
Semi Deviation 10.84 10.51 10.14 | 10.97 11 | 13
Max Drawdown % -13.67 -17.37 -19.28 | -13.67 1 | 13
VaR 1 Y % -19.73 -19.32 -23.25 | -17.15 9 | 13
Average Drawdown % -4.03 -5.05 -6.14 | -3.94 2 | 13
Sharpe Ratio 0.53 0.37 0.18 | 0.57 3 | 13
Sterling Ratio 0.66 0.47 0.38 | 0.66 1 | 13
Sortino Ratio 0.28 0.20 0.12 | 0.31 3 | 13
Jensen Alpha % 6.55 4.20 1.02 | 7.86 3 | 13
Treynor Ratio 0.09 0.06 0.03 | 0.10 2 | 13
Modigliani Square Measure % 16.09 12.76 9.30 | 16.09 1 | 13
Alpha % 5.73 3.72 0.90 | 7.10 3 | 13
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.63 ₹ 10,063.00 0.63 ₹ 10,063.00
1W -1.19 ₹ 9,881.00 -1.18 ₹ 9,882.00
1M -3.76 ₹ 9,624.00 -3.69 ₹ 9,631.00
3M 0.56 ₹ 10,056.00 0.76 ₹ 10,076.00
6M 7.58 ₹ 10,758.00 8.01 ₹ 10,801.00
1Y 20.01 ₹ 12,001.00 20.98 ₹ 12,098.00
3Y 15.53 ₹ 15,421.00 16.47 ₹ 15,800.00
5Y 14.44 ₹ 19,632.00 15.33 ₹ 20,408.00
7Y 11.39 ₹ 21,282.00 12.24 ₹ 22,443.00
10Y 12.73 ₹ 33,150.00 13.58 ₹ 35,744.00
15Y 14.27 ₹ 73,974.00 ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 -5.15 ₹ 11,661.70 -4.34 ₹ 11,715.11
3Y ₹ 36000 17.87 ₹ 46,871.68 18.85 ₹ 47,528.06
5Y ₹ 60000 21.05 ₹ 101,306.22 22.04 ₹ 103,757.82
7Y ₹ 84000 16.65 ₹ 152,163.31 17.53 ₹ 157,000.62
10Y ₹ 120000 14.57 ₹ 257,205.36 15.42 ₹ 269,247.12
15Y ₹ 180000 14.57 ₹ 594,278.82 ₹


Date Nippon India Banking & Financial Services Fund NAV Regular Growth Nippon India Banking & Financial Services Fund NAV Direct Growth
19-11-2024 562.2942 611.0436
18-11-2024 558.7609 607.1907
14-11-2024 559.0426 607.4436
13-11-2024 557.2602 605.4935
12-11-2024 569.0916 618.3355
11-11-2024 575.8189 625.6311
08-11-2024 575.1491 624.8623
07-11-2024 578.2672 628.2362
06-11-2024 582.0072 632.2855
05-11-2024 581.5717 631.7969
04-11-2024 572.3681 621.7847
31-10-2024 577.2283 627.0096
30-10-2024 577.9932 627.8267
29-10-2024 582.1153 632.2903
28-10-2024 570.8544 620.0453
25-10-2024 569.3409 618.3606
24-10-2024 578.8425 628.6666
23-10-2024 578.3764 628.1467
22-10-2024 575.19 624.6724
21-10-2024 584.237 634.4838

Fund Launch Date: 08/May/2003
Fund Category: Banking and Financial Fund
Investment Objective: Nippon India Banking Fund is a focused banking and financial services sectororiented fund investing across market caps within the sector. The fund is welldiversified across sub segments like Private Banks, PSUs, NBFCs, Housing FinCo ™s, Broking houses, etc. The fund endeavors to generate superior alphathrough active fund management. The alpha generation is attempted throughtactical allocation across various sub segments and differentiated investmentideas. The fund thus attempts to lower risk through diversification whileretaining the alpha creation potential.
Fund Description: An open ended equity scheme investing in Banking sector
Fund Benchmark: Nifty Bank Total Return Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.