Nippon India Nifty Bank Index Fund Overview
Category Index Fund
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 22-11-2024
NAV ₹10.91(R) +1.5% ₹10.96(D) +1.5%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) -% -% -% -% -%
LumpSum (D) -% -% -% -% -%
SIP (R) -% -% -% -% -%
SIP (D) -% -% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
Top Index Fund
Fund Name Rank Rating
Motilal Oswal Nifty Smallcap 250 Index Fund 1
Aditya Birla Sun Life Nifty Midcap 150 Index Fund 2
Nippon India Nifty Smallcap 250 Index Fund 3
Nippon India Nifty 50 Value 20 Index Fund 4
Motilal Oswal Nifty Midcap 150 Index Fund 5
Dsp Nifty Next 50 Index Fund 6
Nippon India Nifty Midcap 150 Index Fund 7
Kotak Nifty Next 50 Index Fund 8
motilal oswal nifty next 50 index fund 9
Icici Prudential Nifty Next 50 Index Fund 10

NAV Date: 22-11-2024

Scheme Name NAV Rupee Change Percent Change
Nippon India Nifty Bank Index Fund - Regular Plan - Growth Option 10.91
0.1600
1.5000%
Nippon India Nifty Bank Index Fund - Regular Plan - IDCW Option 10.91
0.1600
1.5000%
Nippon India Nifty Bank Index Fund - Direct Plan - IDCW Option 10.96
0.1600
1.5000%
Nippon India Nifty Bank Index Fund - Direct Plan - Growth Option 10.96
0.1600
1.5000%

Review Date: 22-11-2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It captures the increment in the investment's value during the investment period, articulated as either a percentage or a monetary denomination. We carefully examined three return parameters of this fund to gauge its performance. The return parameters have been divided into three performance groups: the top 25%, parameters below the top 25% but exceeding the average, and parameters below the average mark. Please find the detailed analysis below.
    1. Top 25%: Three return parameters of the Nippon India Nifty Bank Index Fund are in the top 25% in the category, as shown below:
      • 1M Return %
      • 3M Return %
      • 6M Return %
    2. Above Average Below the Top 25%: The fund does not have any return parameter which is above average but below the top 25%.
    3. Below Average: Nippon India Nifty Bank Index Fund has no return parameters that are below average in the category.
  2. Risk: Various factors can lead to the risk of either not meeting expected returns or encountering a monetary loss. For Nippon India Nifty Bank Index Fund, we have analyzed zero risk parameters and divided them into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
    1. Lowest 25%: Nippon India Nifty Bank Index Fund does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: Nippon India Nifty Bank Index Fund does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: Nippon India Nifty Bank Index Fund does not have any risk parameters above average; which is a good sign.
  3. Risk Adjusted Performance Parameters: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated zero risk-adjusted performance parameters of the fund.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.
    3. Below Average Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -0.32
-2.05
-5.49 | 5.43 30 | 143 Very Good
3M Return % 0.07
-4.27
-14.02 | 4.75 31 | 143 Very Good
6M Return % 6.87
5.17
-3.60 | 29.97 24 | 136 Very Good
Return data last Updated On : Nov. 22, 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 % -0.26 -2.00 -5.44 | 5.49 31 | 145
3M Return % 0.23 -4.15 -13.85 | 4.92 31 | 145
6M Return % 7.17 5.46 -3.37 | 30.40 28 | 138
Return data last Updated On : Nov. 22, 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 1.50 ₹ 10,150.00 1.50 ₹ 10,150.00
1W 1.87 ₹ 10,187.00 1.89 ₹ 10,189.00
1M -0.32 ₹ 9,968.00 -0.26 ₹ 9,974.00
3M 0.07 ₹ 10,007.00 0.23 ₹ 10,023.00
6M 6.87 ₹ 10,687.00 7.17 ₹ 10,717.00
1Y ₹ ₹
3Y ₹ ₹
5Y ₹ ₹
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

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 ₹ ₹
3Y ₹ 36000 ₹ ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Nippon India Nifty Bank Index Fund NAV Regular Growth Nippon India Nifty Bank Index Fund NAV Direct Growth
22-11-2024 10.9109 10.958
21-11-2024 10.7496 10.7958
19-11-2024 10.804 10.85
18-11-2024 10.7483 10.794
14-11-2024 10.7101 10.7548
13-11-2024 10.691 10.7354
12-11-2024 10.9183 10.9636
11-11-2024 11.0717 11.1174
08-11-2024 11.0053 11.0502
07-11-2024 11.0811 11.1261
06-11-2024 11.1666 11.2118
05-11-2024 11.1435 11.1884
04-11-2024 10.9329 10.9768
31-10-2024 10.9892 11.0326
30-10-2024 11.06 11.1035
29-10-2024 11.1696 11.2133
28-10-2024 10.9441 10.9867
25-10-2024 10.8445 10.8862
24-10-2024 11.0032 11.0454
23-10-2024 10.9414 10.983
22-10-2024 10.9455 10.987

Fund Launch Date: 22/Feb/2024
Fund Category: Index Fund
Investment Objective: The investment objective of the scheme is to provide investment returns that commensurate to the total returns of the securities as represented by the Nifty Bank Index before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
Fund Description: An open-ended scheme replicating/tracking Nifty Bank Index
Fund Benchmark: Nifty Bank TRI
Source: Fund FactSheet

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