An open ended equity scheme investing in Banking & Financial Services Sector

Nippon India Banking & Financial Services Fund is a focused banking and financial services sector oriented fund investing across market caps within the sector. The fund is well diversified across sub segments like Private & Public Banks, NBFCs, Housing Fin Co’s, Broking houses, Wealth Management, Rating Agencies, Asset Management Companies, Insurance Companies, Stock/ Commodities Exchange, etc. The fund endeavors to generate superior alpha through active fund management. The alpha generation is attempted through tactical allocation across various sub segments and differentiated investment ideas. The fund thus attempts to lower risk through diversification while retaining the alpha creation potential.

May 26, 2003

Vinay Sharma
Bhavik Dave (Co-Fund Manager)

Nifty Financial Services TRI

Monthly Average :	₹ 3,581.78 Cr
Month End :	₹ 3,662.68 Cr

Growth Plan	₹ 380.746
IDCW Plan	₹ 56.0651
Bonus Option	₹ 380.746
Direct - Growth Plan	₹ 406.2921
Direct - IDCW Plan	₹ 76.9093
Direct - Bonus Option	₹ 406.2921

Entry Load:	Nil
Exit Load:	1% if redeemed or switched out on or before completion of 1 month from the date of allotment of units. Nil, thereafter.

Standard Deviation	10.10
Beta	1.06
Sharpe Ratio	0.12
Note: The above measures have been calculated using monthly rolling returns for 36 months period with 5.34% risk free return (FBIL Overnight MIBOR as on 30/08/2022).

Portfolio Turnover

0.49

Regular/Other than Direct	2.02
Direct	0.97

Inception Date: May 26, 2003
N.A : Since TRI data is not available prior to 01/01/2004 for Nifty Financial Services , performance for such period is not provided.
Past performance may or may not be sustained in future. It is assumed that a SIP of ₹ 10,000 each executed on 10th of every month including the first installment in the Growth option of the Fund. Returns on SIP and Benchmark are annualized and cumulative investment return for cash flows resulting out of uniform and regular monthly subscriptions have been worked out on excel spreadsheet function known as XIRR. Load has not been taken into consideration.
B: Benchmark, AB: Additional Benchmark, TRI: Total Return Index
TRI - Total Returns Index reflects the returns on the index arising from (a) constituent stock price movements and (b) dividend receipts from constituent index stocks, thereby showing a true picture of returns.
For scheme performance please click here. For Fund manager wise scheme performance click here.

Past performance may or may not be sustained in future. Pursuant to IDCW payment, NAV falls to the extent of payout & statutory levy (if applicable). Face Value-₹ 10.