Should I invest in Nippon India Banking & Financial Services Fund?

We don't give personal investment advice. Nippon India Banking & Financial Services Fund- DIRECT Plan - IDCW Option is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 22.0%. 5-year CAGR: 7.14%.

Nippon India

Nippon India Banking & Financial Services Fund- DIRECT Plan - IDCW Option

Latest NAV

₹97.2990

As of

3 Jun 2026

3,300 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.26%	+0.27%	-0.53	211 / 249	Q4
1W	-3.50%	-1.33%	-2.18	239 / 249	Q4
2W	-1.24%	-0.44%	-0.81	198 / 251	Q4
1M	-2.56%	-0.98%	-1.59	200 / 251	Q4
3M	-6.84%	+0.91%	-7.74	221 / 249	Q4
6M	-14.12%	-3.35%	-10.77	216 / 241	Q4
YTD	-14.28%	-3.40%	-10.88	220 / 241	Q4
1Y	-8.97%	+2.11%	-11.08	196 / 225	Q4
2Y	-0.51%	+1.79%	-2.30	112 / 181	Q3
3Y	+6.04%	+12.30%	-6.26	117 / 142	Q4
4Y	+9.23%	+11.74%	-2.51	91 / 122	Q3
5Y	+7.14%	+8.93%	-1.79	78 / 111	Q3
7Y	+5.03%	+13.08%	-8.06	86 / 92	Q4
10Y	+6.86%	+12.03%	-5.17	67 / 77	Q4
Inception	+5.99%	+8.52%	-2.53	172 / 251	Q3

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-14.28%	-2.64%	-11.64	218 / 237
2025	+9.80%	+1.49%	+8.32	36 / 204
2024	+4.74%	+20.10%	-15.36	149 / 158
2023	+17.14%	+30.21%	-13.06	117 / 131
2022	+18.00%	+1.48%	+16.51	10 / 119
2021	+23.51%	+31.54%	-8.03	71 / 106
2020	-16.21%	+19.90%	-36.11	95 / 95
2019	+2.59%	+6.43%	-3.84	55 / 87
2018	-8.94%	-9.17%	+0.23	40 / 78
2017	+33.78%	+32.45%	+1.33	35 / 77
2016	+1.54%	+2.96%	-1.42	40 / 77

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+11.35%

152 windows

min -50.6% · max 90.5%

72% positive

3-Year rolling

+7.85%

127 windows

min -19.0% · max 34.9%

84% positive

5-Year rolling

+6.93%

103 windows

min -10.5% · max 23.8%

90% positive

7-Year rolling

+5.50%

79 windows

min -2.3% · max 9.5%

96% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

15.75%

3-year · annualised

Sharpe ratio

0.04

vs risk-free 6.5%

Sortino ratio

0.06

Downside-only deviation

Max drawdown

-21.98%

Jan 2026 → Mar 2026

% positive months

66.7%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Sectoral/Thematic Fund

Scheme	Fund house	NAV	As of
HDFC Banking & Financial Services Fund - IDCW Option - Direct Plan	HDFC	₹15.9390	3 Jun 2026
NIPPON INDIA - JAPAN EQUITY FUND - DIRECT Plan - IDCW Option	Nippon India	₹31.2458	3 Jun 2026
SBI Automotive Opportunities Fund - Direct Plan - Income Distribution Cum Capital Withdrawal Option	SBI	₹11.7560	3 Jun 2026
ICICI Prudential Banking and Financial Services Fund - Direct Plan - IDCW	ICICI Prudential	₹64.9400	3 Jun 2026
Invesco India Business Cycle Fund - Direct Plan - IDCW	Invesco	₹13.3100	3 Jun 2026
Bandhan Business Cycle Fund - Direct Plan - IDCW	Bandhan	₹9.6290	3 Jun 2026
quant BFSI Fund - IDCW Option - Direct Plan	Quant	₹20.2732	3 Jun 2026
Aditya Birla Sun Life Banking and Financial Services Fund - DIRECT - IDCW	Aditya Birla Sun Life	₹29.4200	3 Jun 2026
Motilal Oswal Active Momentum Fund- Direct-IDCW	Motilal Oswal	₹13.3281	3 Jun 2026
Franklin India Multi-Factor Fund- Direct- IDCW	Franklin India	₹9.3581	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹97.2990
2 Jun 2026	₹97.4231
1 Jun 2026	₹97.6801
29 May 2026	₹98.9836
27 May 2026	₹100.4246
26 May 2026	₹100.9613
25 May 2026	₹101.2419
22 May 2026	₹99.3836
21 May 2026	₹98.6194
20 May 2026	₹98.7043

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Nippon India Banking & Financial Services Fund- DIRECT Plan - IDCW Option is ₹97.2990. It's a Sectoral/Thematic Fund from Nippon India, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Nippon India Banking & Financial Services Fund- DIRECT Plan - IDCW Option has NAV history starting from 02 Jan 2013, a track record of about 13 years 5 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Nippon India Banking & Financial Services Fund- DIRECT Plan - IDCW Option is managed by Nippon India. It's classified by AMFI under the 'Sectoral/Thematic Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Nippon India Banking & Financial Services Fund- DIRECT Plan - IDCW Option has delivered a absolute return of -8.97% — -11.08 pp behind the Sectoral/Thematic Fund category average of 2.11%. The fund ranks #196 of 225 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Nippon India Banking & Financial Services Fund- DIRECT Plan - IDCW Option has delivered a CAGR of 6.04% — -6.26 pp behind the Sectoral/Thematic Fund category average of 12.30%. The fund ranks #117 of 142 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, Nippon India Banking & Financial Services Fund- DIRECT Plan - IDCW Option has delivered a CAGR of 7.14% — -1.79 pp behind the Sectoral/Thematic Fund category average of 8.93%. The fund ranks #78 of 111 in its category — the third (Q3) quartile.

₹1 lakh invested in Nippon India Banking & Financial Services Fund- DIRECT Plan - IDCW Option exactly 10 years ago would be worth approximately ₹194,073 today — a multiplier of 1.94×, based on the 10-year CAGR of 6.86%. The category average over the same window would have grown ₹1 lakh to ₹311,351.

A ₹10,000 monthly SIP in Nippon India Banking & Financial Services Fund- DIRECT Plan - IDCW Option over the last 5 years — total invested ₹600,000 — would be worth ₹671,015 today. That's an XIRR (money-weighted annualised return) of 4.42%.

A ₹10,000 monthly SIP for 10 years in Nippon India Banking & Financial Services Fund- DIRECT Plan - IDCW Option = ₹1,200,000 invested. It would currently be worth ₹1,676,581 (multiplier 1.40×). XIRR: 6.51%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Nippon India Banking & Financial Services Fund- DIRECT Plan - IDCW Option ranks #78 out of 111 funds in the Sectoral/Thematic Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 8.93%; this fund delivered 7.14%.

The worst peak-to-trough decline Nippon India Banking & Financial Services Fund- DIRECT Plan - IDCW Option has experienced over the last 5-year window is 21.98% — its NAV fell from a high on 06 Jan 2026 to a low on 31 Mar 2026. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Nippon India Banking & Financial Services Fund- DIRECT Plan - IDCW Option averaged 6.93% (best 23.82%, worst -10.49%). 90% of rolling windows ended positive. The 5-year Sharpe ratio is 0.13 — weak risk-adjusted performance.

In calendar year 2025, Nippon India Banking & Financial Services Fund- DIRECT Plan - IDCW Option returned 9.80% — beating the Sectoral/Thematic Fund category average of 1.49% by 8.32 pp. It ranked #36 of 204 in its category that year.

Nippon India Banking & Financial Services Fund- DIRECT Plan - IDCW Option is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. Nippon India Banking & Financial Services Fund- DIRECT Plan - IDCW Option is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 22.0%. 5-year CAGR: 7.14%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.