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Nippon India Banking & Financial Services Fund
Sectoral-Banking & Financial ServicesRank #31
4/5
NAV (2026-09-07)
₹644.57
AUM
₹7,774.49 Cr
Exp. Ratio: 1.88%
RISK LEVEL
Very High
Returns & Performance
1 Year6.10%3.82% vs cat avgRank #28
3 Year11.71%0.63% vs cat avgRank #18
5 Year12.78%0.29% vs cat avgRank #4
Since Launch19.58%0.81% vs cat avg
Fund vs Category Average
1Y
6.10%-3.82%
3Y
11.71%-0.63%
5Y
12.78%+0.29%
Pros & Cons
Pros
✔Above category avg 5Y returns
✔No lock-in period
✔Outperforms category avg since launch
Cons
✖1Y returns trail category average
✖3Y returns below category average
✖Higher expense ratio (1.88%)
✖1Y category rank outside top 15 (#28)
✖Overall rank #31 in category
ISININF204K01927
NAV₹644.57
NAV Date2026-09-07
AUM₹7,774.49 Cr
Expense Ratio1.88%
RiskVery High
Rating4 / 5
Min SIP Amount₹100
Max SIP Amount₹999999999
Min Additional Inv.₹1000
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.1995-06-30
INVESTMENT OBJECTIVE
The scheme seeks to generate continuous returns by actively investing in equity, equity related securities of companies in the Banking and Financial services.
Exit Load1.00%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Amber Singhania
MMS Finance (Mumbai University)
Prior to joining the Nippon India AMC, he was associated with Asian Markets Securities Pvt. Ltd.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Nippon India Banking & Financial Services Fund is ₹644.57 as of 2026-09-07.
Nippon India Banking & Financial Services Fund is classified as a Sectoral-Banking & Financial Services fund.
The Assets Under Management (AUM) of Nippon India Banking & Financial Services Fund is ₹7,774.49 Cr.
The expense ratio of Nippon India Banking & Financial Services Fund is 1.88%.
Nippon India Banking & Financial Services Fund is managed by Amber Singhania.
The minimum SIP investment for Nippon India Banking & Financial Services Fund is ₹100.
The exit load for Nippon India Banking & Financial Services Fund is 1%.
As per the SEBI Riskometer, Nippon India Banking & Financial Services Fund carries a Very High risk level.
Nippon India Banking & Financial Services Fund has delivered 6.1% (1Y), 11.71% (3Y) and 12.78% (5Y) annualised returns as of 2026-09-07.
Nippon India Banking & Financial Services Fund was launched on 1995-06-30.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
