NAV on (No Data Available)
₹0.00
No Data Available
Fund Size
₹1697.3128 Crores
1Y Returns
No Data Available%
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
September 22, 2008
Fund Manager
Mr. Sanjay Parekh
Initial Price
10
AUM Fund
1697.3128 Cr
Min investment
Rs 50000000
1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units.Nil if redeemed or switched out after the completion of 1 year from the date of allotment of units.
| Equity / Mid Cap funds | 1Y | 3Y | Fund Size (Cr) |
|---|---|---|---|
| 35.05% | 0.00% | ₹269.81 | |
| 29.79% | 38.22% | ₹11.39 | |
| 27.70% | 23.26% | ₹7774.49 | |
| 23.14% | 80.54% | ₹4003.88 | |
| 23.12% | 80.58% | ₹2432.96 |
Q: What is the current NAV of Nippon India Banking & Financial Services Fund - Institutional Plan - IDCW?
A: The latest NAV of Nippon India Banking & Financial Services Fund - Institutional Plan - IDCW is ₹ .
Q: What type of mutual fund is Nippon India Banking & Financial Services Fund - Institutional Plan - IDCW?
A: Nippon India Banking & Financial Services Fund - Institutional Plan - IDCW is a 'Equity - Banking' type mutual fund managed by 'Nippon Life India Asset Management Ltd.'.
Q: Who manages Nippon India Banking & Financial Services Fund - Institutional Plan - IDCW?
A: Nippon India Banking & Financial Services Fund - Institutional Plan - IDCW is managed by Mr. Sanjay Parekh, who oversees investment strategy and portfolio decisions.
Q: Is Nippon India Banking & Financial Services Fund - Institutional Plan - IDCW a good investment?
A: Nippon India Banking & Financial Services Fund - Institutional Plan - IDCW 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 - Institutional Plan - IDCW?
A: The exit load of Nippon India Banking & Financial Services Fund - Institutional Plan - IDCW is 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units.Nil if redeemed or switched out after the completion of 1 year from the date of allotment of units., applicable if redeemed within the specified period.
Q: How is Nippon India Banking & Financial Services Fund - Institutional Plan - IDCW taxed?
A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.
