NAV on (24 Apr 2026 )
₹695.77 ▼
(-0.87%)
Fund Size
₹6720.99 Crores
1Y Returns
3.41 %
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.
Nippon Life India Asset Management Ltd.
Launch Date
January 1, 2013
Fund Manager
Mr. Vinay Sharma
Initial Price
10
AUM Fund
6720.99 Cr
Min investment
Rs 5000
Expense Ratio
0.97%
(1) Rs.100/- per month and in multiples of Re. 1/- thereafter for minimum 60 months.(2) Rs.500/- per month and in multiples of Re. 1/- thereafter for minimum 12 months.(3) Rs.1,000/- per month and in multiples of Re. 1/- thereafter for minimum 6 months.(4) Rs.500/- per quarter and in multiples of Re. 1/- thereafter for minimum 12 quarters.(5) Rs.1,500/- per quarter and in multiples of Re. 1/- thereafter for minimum 4 quarters.(6) Rs.5,000/- per year and in multiples of Rs. 500/- thereafter for minimum 2 years.
1% if redeemed or switched out on or before completion of 1 month from the date of allotment of units.Nil, thereafter.
1 Month
+8.01%
6 Months
-2.15%
1 Year
+3.41%
2 Years (CAGR)
+10.99%
3 Years (CAGR)
+17.60%
5 Years (CAGR)
+18.75%
| Equity / Mid Cap funds | 1Y | 3Y | Fund Size (Cr) |
|---|---|---|---|
| 35.05% | 0.00% | ₹239.4 | |
| 31.97% | 122.28% | ₹3670.36 | |
| 31.97% | 122.36% | ₹2148.17 | |
| 29.79% | 38.22% | ₹10.36 | |
| 27.70% | 23.26% | ₹6720.99 |
Q: What is the current NAV of Nippon India Banking & Financial Services Fund - Direct Plan - Bonus?
A: The latest NAV of Nippon India Banking & Financial Services Fund - Direct Plan - Bonus is ₹ 695.77 as on 24 Apr 2026.
Q: What type of mutual fund is Nippon India Banking & Financial Services Fund - Direct Plan - Bonus?
A: Nippon India Banking & Financial Services Fund - Direct Plan - Bonus is a 'Equity - Banking' type mutual fund managed by 'Nippon Life India Asset Management Ltd.'.
Q: What is the expense ratio of Nippon India Banking & Financial Services Fund - Direct Plan - Bonus?
A: The expense ratio of Nippon India Banking & Financial Services Fund - Direct Plan - Bonus is 0.97%, which impacts overall returns.
Q: Who manages Nippon India Banking & Financial Services Fund - Direct Plan - Bonus?
A: Nippon India Banking & Financial Services Fund - Direct Plan - Bonus is managed by Mr. Vinay Sharma, who oversees investment strategy and portfolio decisions.
Q: Is Nippon India Banking & Financial Services Fund - Direct Plan - Bonus a good investment?
A: Nippon India Banking & Financial Services Fund - Direct Plan - Bonus may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.
Q: What is the exit load of Nippon India Banking & Financial Services Fund - Direct Plan - Bonus?
A: The exit load of Nippon India Banking & Financial Services Fund - Direct Plan - Bonus is 1% if redeemed or switched out on or before completion of 1 month from the date of allotment of units.Nil, thereafter., applicable if redeemed within the specified period.
Q: How is Nippon India Banking & Financial Services Fund - Direct Plan - Bonus taxed?
A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.
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