Nippon India Banking and Financial Services Fund - Growth Plan - Growth Option - Investment Information
- Equity
- Banking & Financial
- Status: Open
About This Fund
Nippon India Banking and Financial Services Fund - Growth Plan - Growth Option 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.
Investment Details
Fund size
₹6,989.7 Cr.
Min. Investment
₹5,000
Min. Sip Inv.
₹500
Min. Addl Inv.
₹1,000
Expense Ratio
1.88%
Turn over
38%
Exit Load
Nippon India Banking & Financial Services Fund - Growth charges 1.0% of sell value; if fund sold before 30 days. There are no other charges.
Basic Details
KRA
KARVY
Inv. Plan
Growth
Launched On
26 May 2003
Benchmark
NIFTY 50 TRI
Fund Type
Open Ended
AMC Information
AMC
Nippon India Mutual Fund
Email
customercare@nipponindiaim.in
Office No
022-6808 7000
Website
https://mf.nipponindiaim.com
Address
Registered Office: 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai 400 013
SIP Amount
₹
Monthly SIP Date
Nippon India Banking and Financial Services Fund - Growth Plan - Growth Option
Is This Mutual Fund Right for You?
+10k investors used our Suitability Test to get better returns
Fund Suitability Test
Let's Get Started.
Frequently Asked Questions
Everything You Need To Know To Get Started With Confidence
In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.