Compiled by Rupeestop LLP, SEBI RIA INA000022701. NAV as on 18 Aug 2026. Factsheet Jun 2026. About · Disclosures
Nippon India Nifty Bank Index Fund - Direct Plan - Growth
Nippon India Mutual FundIndexDirectGrowthVery high risk
NAV
₹12.3767
As on 18 Aug 2026
Vs category
| Period | This fund | Category | Rank |
|---|---|---|---|
| 1 year | +3.10% | — | — |
| 3 year | +8.96% | — | — |
| 5 year | +8.96% | — | — |
Returns
From NAVs through 18 Aug 2026
1Y
+3.10%
Total
3Y
+8.96%
p.a.
5Y
+8.96%
p.a.
SI
+8.96%
p.a.
Calendar years
+8.96%2024
+17.69%2025
-3.48%2026 YTD
Rolling 1-year · 18 overlapping windows
-2.32%avg +9.53%+21.87%
Fund facts
Fund details from the Jun 2026 factsheet
Fund size
₹225.84 Cr
Expense ratio
0.17%
Exit load
None
Lock-in
None
BenchmarkNIFTY Bank TRI
Launched22 Feb 2024
Risk levelVery high
StructureOpen Ended
ISININF204KC1BY2
Where the money is invested
Split by asset type.
By asset type
Equity99.82%
Cash0.18%
What the fund holds
17 holdings · portfolio as on 30 May 2026
- 17.9%HDFC Bank LtdFinancial Services
- 13.6%ICICI Bank LtdFinancial Services
- 10.26%Axis Bank LtdFinancial Services
- 9.79%Kotak Mahindra Bank LtdFinancial Services
- 9.05%State Bank of IndiaFinancial Services
- 6.37%The Federal Bank LtdFinancial Services
- 5.39%Indusind Bank LtdFinancial Services
- 4.86%AU Small Finance Bank LtdFinancial Services
- 4.46%Bank of BarodaFinancial Services
- 4.26%IDFC First Bank LtdFinancial Services
Concentration
Top 5 weight
60.61%
Top 10 weight
85.96%
Avg turnover
47.75%
Risk and quality measures
How steady the returns have been.
Return quality
Sharpe
-0.09
Return per unit of total risk
Risk
Std deviation
22.9%
How much returns swing
Who manages this fund
1 fund manager
- JTJitendra Tolani1.1 years in the industryRuns 11 schemes
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SIP illustration
Rate
+8.96%
Invested
₹6,00,000
Illustrated
₹9,72,370
₹5,000/mo × 10 years at this fund's 3Y CAGR. Illustration, not a forecast. SIP calculator
Other versions
- regularIDCWNippon India Nifty Bank Index Fund - Regular Plan - IDCW ReinvestmentNAV ₹12.732
- directIDCWNippon India Nifty Bank Index Fund - Direct Plan - IDCW PayoutNAV ₹12.8678
- regularGrowthNippon India Nifty Bank Index Fund - Regular Plan - GrowthNAV ₹12.732
FAQ
What is Nippon India Nifty Bank Index Fund - Direct Plan - Growth NAV today?
- The latest NAV of Nippon India Nifty Bank Index Fund - Direct Plan - Growth is ₹12.3767 as on 18 Aug 2026.
How has Nippon India Nifty Bank Index Fund - Direct Plan - Growth performed vs its category?
- 1-year return +3.10%. Past performance does not guarantee future returns.
What are the returns of Nippon India Nifty Bank Index Fund - Direct Plan - Growth?
- Trailing returns from published NAVs: 1 year +3.10%, 3 year +8.96% a year, 5 year +8.96% a year, since our first NAV +8.96% a year. Past performance does not guarantee future returns.
How would a SIP in Nippon India Nifty Bank Index Fund - Direct Plan - Growth have been illustrated?
- The SIP illustration on this page uses ₹5,000 a month for 10 years at this fund's 3-year annualised return of +8.96%. It is not a forecast.
What is the expense ratio and fund size of Nippon India Nifty Bank Index Fund - Direct Plan - Growth?
- For Nippon India Nifty Bank Index Fund - Direct Plan - Growth, the expense ratio is 0.17% and fund size (AUM) is ₹225.84 Cr.
What is the ISIN of Nippon India Nifty Bank Index Fund - Direct Plan - Growth?
- The ISIN for Nippon India Nifty Bank Index Fund - Direct Plan - Growth is INF204KC1BY2.
Mutual fund investments are subject to market risks. Read all scheme related documents carefully before investing. Past performance does not guarantee future returns and is not an indicator of future results.
Figures on this page come from published NAVs and the scheme's monthly factsheet. They are for information only and are not investment advice or a recommendation to buy or sell any scheme.