Nippon India Nifty Bank Index Fund vs Mirae Asset Banking and Financial Services Fund Regular Growth compare
Nippon India Nifty Bank Index Fund - Reg (G)
Mirae Asset Banking and Financial Services Fund Regular Growth
Chart Comparison
Overview
| Scheme Name | Nippon India Nifty Bank Index Fund - Reg (G) | Mirae Asset Banking and Financial Services Fund Regular Growth |
|---|---|---|
| Fund | Nippon India Nifty Bank Index Fund - Reg (G) | Mirae Asset Banking and Financial Services Fund Regular Growth |
| Investment Plan | Growth | Growth |
| Level of Risk | Very High | Very High |
| Asset Size (Cr) | ₹163 Cr | ₹2014 Cr |
| Min Investment | ₹1000 | ₹5000 |
| Min SIP Invesment | ₹100 | ₹500 |
| Min Addl Investment | ₹1000 | ₹1000 |
| Launch Date | 22 Feb 2024 | 11 Dec 2020 |
| Category | Index | Banking & Financial |
| Fund Type | Open Ended | Open Ended |
| Benchmark | NIFTY Bank TRI | Nifty Financial Services TRI |
| Turn Over | % | 30% |
| Expense Ratio | 0.79 | 2.06 |
| Manager | Himanshu Mange | Gaurav Kochar |
| ISIN Code | INF204KC1BV8 | INF769K01GU5 |
| Exits Load | Data not available./365 | Data not available./365 |
Trailing Lumpsum Returns
| Scheme Name | Nippon India Nifty Bank Index Fund - Reg (G) | Mirae Asset Banking and Financial Services Fund Regular Growth |
|---|---|---|
| 1 Month | 4.31% | 4% |
| 6 Month | 5.27% | 8.03% |
| 1 Year | 12.08% | 13.17% |
| 3 Year | - | 17.29% |
| 5 Year | - | - |
SIP Return Analysis
| Scheme Name | Nippon India Nifty Bank Index Fund - Reg (G) | Mirae Asset Banking and Financial Services Fund Regular Growth |
|---|---|---|
| 6 Month | -0.44% | 0.27% |
| 1 Year | 9.27% | 13.12% |
| 3 Year | - | 14.31% |
| 5 Year | - | - |
Rolling Lumpsum Returns
| Scheme Name | Nippon India Nifty Bank Index Fund - Reg (G) | Mirae Asset Banking and Financial Services Fund Regular Growth |
|---|---|---|
| 1 Year | 8.64% | 14.6% |
| 3 Year | - | 15.59% |
| 5 Year | - | - |
Risk Management
| Scheme Name | Nippon India Nifty Bank Index Fund - Reg (G) | Mirae Asset Banking and Financial Services Fund Regular Growth |
|---|---|---|
| Standard Deviation | - | 12.92% |
| Sharp | - | 0.80% |
| Beta | - | 0.97% |
| Alpha | - | 2.62% |
Fund Managers
| Scheme Name | Nippon India Nifty Bank Index Fund - Reg (G) | Mirae Asset Banking and Financial Services Fund Regular Growth |
|---|---|---|
| Name | Himanshu Mange | Gaurav Kochar |
| Total AUM | ₹0 Cr | ₹1507 Cr |
| Funds Managed | 10 | 1 |
| Nippon India Nifty Bank Index Fund - Reg (G) | Mirae Asset Banking and Financial Services Fund Regular Growth |
Market Cap
| Scheme Name |
Nippon India Nifty Bank Index Fund - Reg (G) |
Mirae Asset Banking and Financial Services Fund Regular Growth |
|---|---|---|
| Others | 0.1 | 8.16 |
| Large Cap | 85.33 | 67.72 |
| Mid Cap | 14.57 | 10.49 |
| Small Cap | - | 13.63 |
Sector Allocation
| Scheme Name |
Nippon India Nifty Bank Index Fund - Reg (G) |
Mirae Asset Banking and Financial Services Fund Regular Growth |
|---|---|---|
| Others | 0.1 | 0.93 |
| Financial Services | 99.9 | 98.51 |
| Technology | - | 0.56 |
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