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Nippon India Banking & Financial Services Fund - Direct Plan

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.

Suitability

This product is suitable for investors who are seeking

• Long term capital growth.

• Investment in equity and equity related securities of companies in banking sector and companies engaged in allied activities related to banking sector

Fund Info

Scheme Class	Equity
Scheme Category	Sector - Financial Services
Expense Ratio	1.37%
Min subscription	₹ 5,000

Scheme Type	Open-ended
Scheme AUM (in Crs.)	₹ 3,783
AMC AUM (in Crs.)	₹ 2,33,617
Min Addition Subscription	₹ 1,000

Benchmark Type

S&P BSE BANKEX INR

Exit Load

Exit load of 1.0%, if redeemed between (0-1) months. No Exit load, if redeemed after 1 months.

Building Graph

Peer Comparison

Fund	Min SIP Inv.	Min Inv.	Returns 3Y
ICICI Prudential Banking and Financial Services - Direct Plan	1000	1000	31.28%
SBI Banking & Financial Services Fund - Direct Plan	0	0	26.41%
UTI Banking and Financial Services Fund - Direct Plan	0	0	29.32%
Nippon India Banking & Financial Services Fund - Direct Plan	1000	1000	37.27%

Top 10 Holdings

Company	Holding Type	Asset(%)
HDFC Bank Ltd	Equity	13
ICICI Bank Ltd	Equity	11
Axis Bank Ltd	Equity	10
State Bank of India	Equity	9
Housing Development Finance Corp Ltd	Equity	6
IndusInd Bank Ltd	Equity	4
Equitas Small Finance Bank Ltd Ordinary Shares	Equity	4
SBI Cards and Payment Services Ltd Ordinary Shares	Equity	4
LIC Housing Finance Ltd	Equity	3
SBI Life Insurance Company Limited	Equity	3

Asset Allocation(%)

Asset	Percent
Equity	97
Cash - Repurchase Agreement	2
Equity - Warrants Rights (Call)	1
Cash - Collateral	0
Cash	0

Sector Allocation(%)

Sector	Percent
Financial Services	96
Cash - Repurchase Agreement	2
Equity - Warrants Rights (Call)	1
Technology	1
Cash - Collateral	0

Fund Manager

Vinay Sharma

5+ years of experience

Kinjal Desai

4+ years of experience

Bhavik Dave

1+ years of experience

Akshay Sharma

0+ years of experience

Nippon India Mutual Fund

AUM₹2,33,617 Cr

About

Reliance Mutual Fund is a part of Reliance Anil Dhirubhai Ambani (ADA) Group and it is one of the largest growing asset management companies in India. It has an asset under management of Rs 2,40,445.37 and 83.99 lakhs folios.##Reliance Mutual Fund is present across 160 cities across the country. The main motto of the asset management company is to launch products that are not only innovative, but also conducive for investors. They believe in increasing their value to investors.##RMF provides a host of mutual funds across various categories, be it equity, debt and hybrid. The schemes have a well-managed portfolio and it has pioneered to become one of the most trusted asset management companies in India.##Reliance Mutual Fund has been sponsored by Reliance Capital Limited and Nippon Life Insurance Company.

customercare@nipponindiaim.in

Phone

18002090007

Address

Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W), Mumbai - 400 013

Calculate Returns

Investment Amount

Expected Annual Return Rate(%)

Investment DurationYears6Months0

Investment Amount₹ 10000

Return Amount₹ 4185

Return Rate6 %

Duration6y 0m