Sharpe ratio
0.42Return earned for the risk taken.
Moderate
Moderate risk-adjusted returns. The reward for risk has been average.
+2.23%1Y Absolute Return
-0.61%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Bonus OptionFund 5Y annualised return | ₹10,14,009 | ₹7,32,612 | ₹2,81,397 | +13.14% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.14
₹1 Lakh since launch₹1.14 Lakh
Fund age13.9 yrs
Fund information
Scheme code118588
ISININF204K01D22
BenchmarkNIFTY 500 Total Return Index
CategoryEquity Scheme - Sectoral/ Thematic
Expense ratio—
Exit load—
Minimum SIP—
Return comparison
490th / 932 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +166.73% | — | — |
| 3M | +13.22% | — | — |
| 6M | +16.34% | — | — |
| 1Y | +2.23% | — | +4.16% |
| 3Y | +13.11% | — | +12.54% |
| 5Y | +13.14% | — | +10.04% |
| 10Y | +13.63% | — | — |
| Since Launch | +13.74% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
0.59Return earned while limiting downside risk.
Moderate
Moderate downside risk-adjusted performance.
Standard deviation
17.51%How much the fund’s returns fluctuate over time.
High volatility
Returns can swing significantly.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
0.27How well the fund rewarded investors relative to its biggest decline.
Low
Returns have been modest compared to the drawdowns experienced.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Allocation data has not been disclosed.
Market cap allocation
Sector allocation
Equity exposure by sector
Top holdings
10 of 41 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| ICICI Bank Ltd | Financial | Equity | 13.92% |
| HDFC Bank Ltd | Financial | Equity | 13.16% |
| Axis Bank Ltd | Financial | Equity | 8.55% |
| State Bank of India | Financial | Equity | 5.64% |
| Kotak Mahindra Bank Ltd | Financial | Equity | 3.6% |
| Bajaj Finserv Ltd | Financial | Equity | 3.33% |
| SBI Cards & Payments Services Ltd | Financial | Equity | 3.31% |
| SBI Life Insurance Company Ltd | Financial | Equity | 3.22% |
| Indusind Bank Ltd | Financial | Equity | 2.82% |
| Cholamandalam Financial Holdings Ltd | Financial | Equity | 2.53% |
Fund management
VI
Vinay Sharma
Since 2018 · Prior to joining Nippon India Mutual Fund he has worked with ICICI Prudential AMC, Kotak Mahindra Mutual Fund, J.P. Morgan India Pvt. Ltd. and UTI Bank.
Mr. Sharma is B.Arch & PGDCM
AM
Amber Singhania
Since 2026 · Prior to joining the Nippon India AMC, he was associated with Asian Markets Securities Pvt. Ltd.
MMS Finance (Mumbai University)
BH
Bhavik Dave
Since 2021 · Prior joining to Nippon India Mutual Fund he has worked with Motilal Oswal Securities Limited - Research Associate (Institutional Equities), Crisil Global Analytics Centre - Credit Analyst – US Oil & Gas Sector, Grantham Mayo, Van Otterloo & Co. - Research Associate Internship.
Mr. Dave is a BBA and PGDM
KI
Kinjal Desai
Since 2026 · She has been working with Nippon India Mutual Fund since year, 2012
Ms. Desai has done B.A (Economics), MSc. (Economics) and has cleared CFA Level 1
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Summary
A very high-risk equity scheme - sectoral/ thematic fund. Ahead of its category average over 3Y by 0.6 points. Top 10 holdings make up 60% — a handful of stocks can swing returns sharply.
Strengths
- Ahead of its category average over 3Y by 0.6 points.
- Same fund manager for 9+ years — the strategy has not chopped and changed.
Weaknesses
- Top 10 holdings make up 60% — a handful of stocks can swing returns sharply.
- Has fallen sharply before — down -50.6% at its worst.
Ideal investor
- Needs a 5–7+ years horizon to ride out its very high risk level.
- Good fit for SIPs — spreading purchases smooths out 17.5% volatility.
Risk drivers
- Top 10 holdings = 60% of the portfolio.
- Financial makes up 95% — trouble in that sector hits the whole fund.
- Corrections have been sharp — worst fall -50.6% with 17.5% volatility. Took 9 months to recover last time.