Nippon India Banking & Financial Services Fund-Growth
The fund is rated 3 stars. Investment selection within each asset type was a strength, while investment selection within each industry provided some support and balance between returns and downside risk provided some support. Higher annual fee of 1.9% and above-average fund size of Rs 7,909.93 crore were minor drawbacks.
This fund has a good track record with Asset Selection/Timing, a ok track record with Stock Selection/Timing, a ok risk-reward ratio. It is important to note, however, that this fund has a 7909.934 AUM and a 1.9 expense ratio. Considering all these factors, we have rated this fund as 3.0 star.
Our score weighs long-term performance, risk and consistency — not just past returns.
Returns
As of 7 Oct 2026
Risk ratios
As of 30 Sep 2026
Portfolio
As of 31 Aug 2026
Market-cap split
Sector allocation
Holdings (38)
| Holding | % of fund | Value | Shares |
|---|---|---|---|
| ICICI Bank Ltd. | 13.58% | ₹1,074.34 Cr | 73,88,887 |
| HDFC Bank Ltd. | 12.26% | ₹969.86 Cr | 1,36,79,320 |
| Axis Bank Ltd. | 8.89% | ₹703.05 Cr | 54,08,065 |
| State Bank of India | 5.72% | ₹452.13 Cr | 42,65,352 |
| Kotak Mahindra Bank Ltd. | 3.80% | ₹300.83 Cr | 71,72,870 |
| Bajaj Finserv Ltd. | 3.26% | ₹257.83 Cr | 12,75,773 |
| SBI Cards And Payment Services Ltd. | 3.17% | ₹251.05 Cr | 38,93,792 |
| Indusind Bank Ltd. | 2.78% | ₹220 Cr | 21,64,124 |
| HDFC Asset Management Company Ltd. | 2.54% | ₹200.98 Cr | 7,66,488 |
| Aye Finance Ltd. | 2.46% | ₹194.86 Cr | 1,08,54,762 |
Fund details
Long term capital growth. Investment in equity and equity related securities of companies in banking sector and financial service sector.
The scheme seeks to generate continuous returns by actively investing in equity, equity related securities of companies in the Banking and Financial services.
Exit load of 1%, if redeemed within 1 month.