India ▾

Mutual fund · Sectoral / Thematic· NAV-verified

Nippon India Banking & Financial Services Fund

₹7,367 cr across 33 positions, as filed for 2026-09-30. Returns are the fund's AMFI growth-plan NAV; holdings and behavior come from its filed monthly portfolios.

Returns, against the category

Q2 FY27: −1% over 1 year against the median Sectoral / Thematic fund's +2%.

OverQuarter1 year3 years (ann.)5 years (ann.)
Nippon India Banking & Financial Services Fund−6%−1%+9%+11%
Median Sectoral / Thematic fund−2%+2%+12%+11%

1-year return at each quarter-end since Q3 FY24:

+24%Q3 FY24+34%Q4 FY24+26%Q1 FY25+29%Q2 FY25+10%Q3 FY25+13%Q4 FY25+16%Q1 FY26+3%Q2 FY26+17%Q3 FY26−2%Q4 FY26−1%Q1 FY27−1%Q2 FY27

What moved the fund, last 12 filed months

Contribution = the fund's filed weight each month × that stock's price move in its own filings, in percentage points of NAV. Corporate-action months are left out.

Helped

Stock12 monthsLatest month
State Bank of India+1.9 pp−0.5 pp
Axis Bank Limited+1.8 pp−0.5 pp
The Federal Bank Limited+1.4 pp0.0 pp
Multi Commodity Exchange of India Limited+1.4 pp−0.1 pp
Equitas Small Finance Bank Limited+0.6 pp−0.1 pp

Hurt

Stock12 monthsLatest month
HDFC Bank Limited−3.8 pp−0.0 pp
SBI Cards and Payment Services Limited−1.2 pp−0.3 pp
UTI Asset Management Company Limited−0.6 pp0.0 pp
ICICI Bank Limited−0.6 pp−1.2 pp
HDFC Life Insurance Company Limited−0.5 pp−0.0 pp

Holdings, as filed for 2026-09-30

HoldingSector% of fundValueHeld forVs avg cost
HDFC BankFinancial Services15.76%₹1,161 cr169 mo-3%
ICICI BankFinancial Services13.26%₹977 cr169 mo+83%
Axis BankFinancial Services9.00%₹663 cr112 mo+54%
State Bank of IndiaFinancial Services4.97%₹366 cr151 mo+71%
Kotak Mahindra Bank LimitedFinancial Services4.06%₹299 cr39 mo+13%
SBI CardsFinancial Services3.36%₹247 cr75 mo-29%
HDFC AMCFinancial Services2.99%₹220 cr20 mo-1%
IndusInd Bank LimitedFinancial Services2.65%₹195 cr89 mo-20%
Cholamandalam Financial Holdings LimitedFinancial Services2.53%₹187 cr90 mo+49%
ICICI Prudential Life Insurance Company LimitedFinancial Services2.49%₹184 cr16 mo-14%
Multi Commodity Exchange of India LimitedFinancial Services2.47%₹182 cr30 mo+302%
Bajaj Finserv LimitedFinancial Services2.35%₹173 cr36 mo+1%
Aye Finance LimitedFinancial Services2.30%₹169 cr8 mo+22%
Max Financial Services LimitedFinancial Services2.27%₹167 cr169 mo+81%
PNB HousingFinancial Services2.27%₹167 cr17 mo+15%

Top 15 of 33 equity positions. "Vs avg cost" estimates the fund's gain on the position from its filing history.

How this fund actually behaves

Computed from every filed monthly portfolio (169 months of filings) by the research pipeline.

Holding patienceMedian months a position is held (25th–75th band)20 mo (10–36)
Win rate on exitsClosed positions sold above entry, and the payoff ratio (21 exits)86% · payoff 2.6×
Loser handlingCuts losers vs averages down, from 12 months of filingsAverages down
Entry valuation disciplineMedian P/E paid on entries over 36 months; share above 50×27× · 30% over 50×
Portfolio valuation todayWeighted P/E and P/B of the current book at filed prices153.9× P/E · 3.6× P/B
ChurnStocks entered and exited in 12 months, of 33 positions12 in · 10 out
ConcentrationTop 10 holdings' share; effective number of positions61% · ~15 effective