Nippon India Banking and Financial Services Fund-Growth Plan-Growth Option Invest Now
Fund Manager: Vinay Sharma, Bhavik Dave, Akshay Sharma    |     Equity: Sectoral-Banking and Financial Services    |     NIFTY Financial Services TRI

392.0421 3.17 (0.81 %)

NAV as on 31-01-2023

4,019.67 Cr

AUM as on 31-12-2022

Rtn ( Since Inception )

20.47%

Inception Date

May 01, 2003

Expense Ratio

2.05%

Fund Status

Open Ended Scheme

Min. Investment

5,000

Min. Topup

1,000

Min. SIP Amount

100

Risk Status

very high

Investment Objective : The scheme aims to generate continuous returns by actively investing in equity, equity related or fixed income securities of banks. The proportion of investment between equity and debt will be decided based on the view of the fund manager on anticipated movement in both debt as well as equity markets.