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Sectoral / Thematic · Equity

Nippon India Banking & Financial Services Fund

Nippon Life India Asset Management Limited
Benchmark
Nifty Financial Services TRI
Riskometer
Very High
Size
₹7,493 cr
Allotted
26 May 2003
Holdings as of
30 Sep 2026

Nippon India Banking & Financial Services Fund is a sectoral / thematic fund of Nippon Life India Asset Management Limited with ₹7,493 cr under management. It is ahead of its benchmark (Nifty Financial Services TRI) in 3 of 4 periods. Its direct plan charges 1.11% a year.

Has Nippon India Banking & Financial Services Fund beaten its benchmark?

Ahead of its benchmark, Nifty Financial Services TRI, in 3 of 4 periods in AMFI's figures; −1.96% over the last year against −5.31%.

Period returns

Direct Plan, growth · 3y and longer a year
PeriodFundNifty 500 TRIAhead
1 month−4.09% −3.60% —
3 months−6.79% −5.03% —
6 months−2.99% −1.83% —
1 year−2.67% −4.06% +1.39 pts
3 years+10.52% +9.27% +1.25 pts
5 years+11.13% +8.00% +3.13 pts
10 years+12.84% +12.69% +0.15 pts
Since start
from 2 Jan 2013
+13.17%——
Valarth price history to 14 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 13 Oct 2026
Ahead of its benchmark (Nifty Financial Services TRI) in 3 of 4 periods.
PeriodDirectRegularBenchmarkAheadRank
1y −1.96%−2.79%−5.31% +3.35 🔒
3y +10.84%+9.93%+9.40% +1.44 🔒
5y +11.59%+10.68%+7.23% +4.36 🔒
10y +12.97%+12.08%+13.30% −0.33 🔒
Ahead in points a year · its rank among Sectoral / Thematic funds, and how steady the lead is, in the app

Value of 100, month-end

Oct 2016 to 14 Oct 2026
50100150200250300350400 20172019202120232025
Fund 327Nifty 500 TRI 327

₹100 put in at the start of Oct 2016 would be ₹327 on 14 Oct 2026, against ₹327 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro
Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.
See them in the app →

What does Nippon India Banking & Financial Services Fund cost?

1.11% a year on the direct plan, 1.93% on the regular plan; 13 of 21 funds in its category charge less.

Direct plan
1.11% a year
Category median 1.06%
Regular plan
1.93% a year
Category median 2.49%
Gap
0.82 points
for the same holdings
13 of 21 funds in its category charge less on the direct plan.
Expense report, Oct 2026 · Equity Schemes - Sectoral Fund

What the regular plan costs you over time

🔒 Pro
The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages Nippon India Banking & Financial Services Fund?

Vinay Sharma, since None; Bhavik Dave, since None.

Vinay Sharma
None years
since None
Bhavik Dave
None years
since None
Benchmark as filedNifty Financial Services Index TRI
Exit load
1% if redeemed or switched out on or before completion of 1 month from the date of allotment of units.Nil, thereafter.
From 8 Scheme Summary Documents filed with NSE, first on 7 May 2026; as on 8 Oct 2026

What does Nippon India Banking & Financial Services Fund hold?

36 holdings as of 30 Sep 2026; the ten largest are 61.1% of the fund, the largest HDFC Bank Limited at 15.8%.

Mix

Holdings as of 30 Sep 2026
Equity99.2%Debt0.0%Cash0.8%Other0.0%
Holdings
36
33 shares
Top ten
61.1%
of the fund
Effective holdings
15.0
spread, as if equal-weighted
Matched to our table
100%
of the equity

Five largest

% of fund
HDFC Bank Limited15.8%
ICICI Bank Limited13.3%
Axis Bank Limited9.00%
State Bank of India4.97%
Kotak Mahindra Bank Limited4.06%

Five largest industries

% of fund
Banks55.6%
Finance20.0%
Insurance11.3%
Capital Markets9.00%
Financial Technology (Fintech)4.00%

By company size

% of equity · SEBI size lists
Large Cap59.0%Mid Cap22.1%Small Cap18.9%

How does Nippon India Banking & Financial Services Fund score against its category?

Seven scores against funds of its kind, and the warning signs it trips.

Scorecard

🔒 Pro
Seven scores, each out of 5, against funds in its category, with the reasons, and the warning signs it trips: in the app.
Open scorecard in the app →

Are the companies inside any good?

The holdings by valuation, forensic risk, business quality and balance sheet, weighted by their share of the fund.

The companies inside

🔒 Pro
The holdings weighted by their share of the fund: P/E and ROE, forensic risk levels, Valarth's valuation view, quality, moats, balance sheets and who owns them: in the app.

How is Nippon India Banking & Financial Services Fund run?

Turnover, what it bought and sold, its cash and its record in new listings, from its monthly holdings files.

How it is run

🔒 Pro
Turnover, what it bought and sold and when, how long it holds, size drift, cash and its record in new listings, from up to two years of monthly holdings files: in the app.

Which funds hold much the same?

The index it is nearest and the funds whose holdings overlap most.

not an index tracker
Nearest to the Nifty 50: 69% of it differs from the index (an active fund is usually above 60%).
Active share 69.0%60%

Funds that hold much the same

% of holdings in common
ICICI Prudential Banking & Financial Services Fund64.0% the same
18 shared holdings
Bandhan Financial Services Fund56.9% the same
24 shared holdings
Mirae Asset Banking and Financial Services Fund56.1% the same
11 shared holdings

How much is in its sponsor's own group?

Holdings in companies of the fund house's sponsor group, beside the index.

Related-party exposure

🔒 Pro
How much of the fund is in companies of its sponsor's own group, beside what the index holds of them: in the app.

Questions people ask

Who manages Nippon India Banking & Financial Services Fund?

Vinay Sharma (manager) since None; Bhavik Dave (manager) since None.

What is the expense ratio of Nippon India Banking & Financial Services Fund?

1.11% a year on the direct plan and 1.93% on the regular plan (expense report, Oct 2026).

How has Nippon India Banking & Financial Services Fund done?

Its direct plan returned +10.84% a year over 3 years against +9.40% for its benchmark, Nifty Financial Services TRI, as of 13 Oct 2026.

Inside the app

See Nippon India Banking & Financial Services Fund beside your own funds in Valarth

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Nippon India Banking & Financial Services Fund in the app: beside your own funds, with what you own through them

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