AnandRathi

Nippon India Nifty Bank Index Fund - Reg (G)

Last Updated NAV Date: 24 Aug 2026

3 Year Returns

N/A

NAV (₹)

12.2489

1 Day NAV Change

-0.41%

No chart data available for this period.

Fund Details

Min. SIP Amount₹ 100
Min. Lumpsum Amount₹ 1000
AUM₹ 227.84 Cr
Expense Ratio0.91%
Lock-in PeriodNo Lock-in Period
Inception Date22 Feb 2024
Fund Age2 Yrs

Exit Load

Nil

Fund’s Investment Objective

The investment objective of the scheme is to provide investment returns that commensurate to the total returns of the securities as represented by the Nifty Bank Index before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

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

1 Month Return1.55%
3 Month Return6.67%
6 Month Return-5.60%
1 Year Return4.01%

Asset Allocation

AUM

₹1,33,309.00 Cr

Cash Holdings

21.45%

Equity

70.84%

Cash

21.45%

Debt

1.71%

Other

6%

Sector Holdings

Last Updated: 31 Jul 2026
SectorsAllocationWeightageValue (in Cr.)
Banks
100.00%227.842

Stock Holdings

Last Updated: 31 Jul 2026
NameAllocationWeightageValue (in Cr.)Sector
HDFC Bank
18.13%41.318Banks
ICICI Bank
14.80%33.73Banks
SBI
10.05%22.895Banks
Kotak Mah. Bank
9.28%21.147Banks
Axis Bank
8.78%20.004Banks
Federal Bank
7.26%16.544Banks
IndusInd Bank
5.47%12.473Banks
AU Small Finance
4.69%10.694Banks
IDFC First Bank
4.65%10.595Banks
Bank of Baroda
3.57%8.13Banks

Fund Manager Details

Over 18 years of experience From June 10, 2024 onwards NAM India - Designated as Fund Manager & Dealer - ETF February 2016 - May 2024 Motilal Oswal Financial Services Ltd: Designated as VP Sales Trading, Institutional Equities - responsible for handling trades for domestic institutions August 2013 - February 2016 Asit C Mehta Investment Intermediaries' Ltd: Designated as DVP Sales Trading, Institutional Equities- responsible for handling the dealing team & also to handle trades for domestic institutions MBA (FINANCE)

Risk-O-Meter

Very High Risk

Investors understand that their principal will be at Very High Risk

Risk Scale

Low
Moderately Low
Moderate
Moderately High
High
Very High

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...

Frequently Asked Questions

You can withdraw your investment from Nippon India Nifty Bank Index Fund - Reg (G) through your mutual fund app, AMC website, or demat or stock broker online account at the applicable NAV.
The minimum investment for Nippon India Nifty Bank Index Fund - Reg (G) is ₹ 1000 for Lumpsum and ₹ 100 for SIP. You can open a demat account or login to the existing stock broker online account to get started.
Nippon India Nifty Bank Index Fund - Reg (G) has a lock-in period of No Lock-in Period. Schemes with a lock-in restrict withdrawals or redemptions for that duration, while schemes with no lock-in allow you to redeem anytime.
The average annualized return of Nippon India Nifty Bank Index Fund - Reg (G) over the past three years is N/A.
The current NAV of Nippon India Nifty Bank Index Fund - Reg (G) is 12.2489.
The Expense ratio of Nippon India Nifty Bank Index Fund - Reg (G) is 0.91%. It is an annual charge for running the mutual fund. You can find the same on the factsheet and the Asset Management Companies website.
The latest AUM of the Nippon India Nifty Bank Index Fund - Reg (G) fund is ₹ 227.84 Cr. It represents the total assets held and managed by the fund.
The exit load for Nippon India Nifty Bank Index Fund - Reg (G) is Nil.
The fund managers of the Nippon India Nifty Bank Index Fund - Reg (G) are Jitendra Tolani. However, with management's discretion, the fund manager could also change during the tenure.
Nippon India Nifty Bank Index Fund - Reg (G) was launched on 22 Feb 2024. Since then, the fund has formed an NAV (Net Asset Value) of 12.2489.

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