3 Year Returns
10.87%
NAV (₹)
67.4592
1 Day NAV Change
-0.68%
Nippon India Banking&Financial Services IDCW is a scheme from Nippon India Mutual Fund AMC, launched on 28 May 2003 and currently managing ₹ 7909.93 Cr in assets. It sits in the very high risk category on the riskometer, with a minimum SIP of ₹100 and a lump sum of ₹5000. The sections below cover its latest NAV, historical returns, portfolio holdings, and expense ratio.
Nippon India Banking&Financial Services IDCW Fund Details
| Min. SIP Amount | ₹ 100 |
| Min. Lumpsum Amount | ₹ 5000 |
| AUM | ₹ 7909.93 Cr |
| Expense Ratio | 1.88% |
| Lock-in Period | No Lock-in Period |
| Inception Date | 28 May 2003 |
| Fund Age | 23 Yrs |
Exit Load
1% if redeemed or switched out on or before completion of 1 Months from the date of allotment of units. Nil if redeemed or switched out after the completion of 1 Months from the date of allotment of units.
Fund’s 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.
Calculate Your Mutual Fund Returns
Returns Estimator
Estimation is based on the past performance
Expected Rate of Return
The value of your investment after 5 Years will be
₹4,12,432
Invested Amount
₹3,00,000
Est. Returns
₹1,12,432
Scheme’s Historical Return
Asset Allocation
AUM
₹1,33,309.00 Cr
Cash Holdings
21.45%
Equity
70.84%
Cash
21.45%
Debt
1.71%
Other
6%
Nippon India Banking&Financial Services IDCW Sector Holdings
Last Updated: 31 Jul 2026| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Banks | 52.73% | ₹ 4,170.899 | |
| Finance | 29.90% | ₹ 2,365.406 | |
| Insurance | 8.94% | ₹ 707.13 | |
| Financial Services | 3.65% | ₹ 288.57 | |
| E-Commerce/App based Aggregator | 2.77% | ₹ 218.827 | |
| Stock/ Commodity Brokers | 1.53% | ₹ 120.645 | |
| IT - Software | 0.49% | ₹ 38.458 |
Nippon India Banking&Financial Services IDCW Stock Holdings
Last Updated: 31 Jul 2026| Name | Allocation | Weightage | Value (in Cr.) | Sector |
|---|---|---|---|---|
| ICICI Bank | 13.92% | ₹ 1,082.132 | Banks | |
| HDFC Bank | 13.16% | ₹ 1,023.418 | Banks | |
| Axis Bank | 8.55% | ₹ 664.922 | Banks | |
| SBI | 5.64% | ₹ 438.222 | Banks | |
| Kotak Mah. Bank | 3.60% | ₹ 279.957 | Banks | |
| Bajaj Finserv | 3.33% | ₹ 258.867 | Finance | |
| SBI Cards | 3.31% | ₹ 257.049 | Finance | |
| SBI Life Insuran | 3.22% | ₹ 250.129 | Insurance | |
| IndusInd Bank | 2.82% | ₹ 219.107 | Banks | |
| Chola Financial | 2.53% | ₹ 196.359 | Finance |
Fund Manager Details
Risk-O-Meter
Investors understand that their principal will be at Very High Risk
Risk Scale
AMC Information
Nippon India Mutual Fund
Funds Managed
108
Assets Managed
₹ 7,67,506.42 Cr
Contact Details
Registered Address
4th Floor, Tower A, Peninsula Busines-s Park, Ganapatrao Kadam MargLower Parel (W), Mumbai - 400013.
Managing Director
Mr. Upendra Kumar Sinha
Chief Executive Officer
Mr. Sundeep Sikka
Compliance Officer
Mr. Muneesh Sud
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Disclaimer
The information provided on this page is for informational purposes only and should not be construed as investment advice, recommendation, or solicitation to buy or sell any securities or financial pr...
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