Investment Objective
The primary investment objective of the Scheme is to seek to generate continuous returns by actively investing in equity and equity related securities of companies in the Banking and Financial services sector. The AMC will have the discretion to completely or partially invest in any of the type of securities stated above with a view to maximize the returns or on defensive considerations. However there can be no assurance that the investment objective of the Scheme will be realized as actual market movements may be at variance with anticipated trends. .
Category
- Equity - Sectoral Fund - Banks & Financial Services
Benchmark
- Nifty Financial Services - TRI
Returns
Absolute
1M
-2.68%
3M
-5.21%
6M
-2.49%
Annualised
1Y
7.28%
3Y
34.54%
5Y
8.50%
Historical NAV
NAV for scheme Nippon India Banking & Financial Services Fund-Growth Plan-Growth Option
is
Growth of 10,000
An investment of 10000 for
in this scheme would have grown to Rs.
Risk of the fund
AUM
3826.52 Cr
Nippon India Banking And Financial Services Fund - Growth Plan- Growth Option AUM is 158% higher than other schemes in the category
Load
Entry Load - NIL
Exit Load - 1% on or before 1M Nil after 1M
Lock In Period - NIL
Expense Ratio
2.05%
Turnover Ratio
38.00%
