Nippon India Nifty Bank Index Fund - Dir (G) logo

Nippon India Nifty Bank Index Fund Direct Growth

Other

| Index Fund

NAV ₹12.69 as on 17 Nov 2025

RiskVery High

Fund Size₹177.27Cr

NAV₹12.69 as on 17 Nov 2025
RiskVery High
Fund Size₹177.27Cr

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Investment Details
Top Rated Funds

Lock-in

No Lock-in

Min One Time Amount

₹1,000

Min Withdrawal Amount

₹-

Min SIP Amount

₹100

Min Additional Amount

₹1,000

Exit Load

Nil

Basic Details

Age

1 years 9 months (Since Feb 22, 2024)

Return since Launch

14.72%

Expense ratio

0.2%

Type

OPEN

AUM (Fund Size)

₹177.27

Risk Grade

Very High

Benchmark

Nifty Bank TRI

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Select Duration
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Returns
Total investment of ₹2,40,000
Would have become ₹61,949 (+209.74%)
Fund Manager

Name:

Jitendra Tolani

Experience:

Over 18 years of experience From June 10, 2024 onwards NAM India - Designated as Fund Manager & Dealer - ETF February 2016 - May 2024 Motilal Oswal Financial Services Ltd: Designated as VP Sales Trading, Institutional Equities - responsible for handling trades for domestic institutions August 2013 - February 2016 Asit C Mehta Investment Intermediaries' Ltd: Designated as DVP Sales Trading, Institutional Equities- responsible for handling the dealing team & also to handle trades for domestic institutions

Asset Allocation

TREPS 0.25%

C C I 0.00%

Net CA & Others -0.22%

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Scheme Holding Summary

Banks

99.97%

Debt Others

0.03%

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RiskometerLevel of risk in the scheme
Moderate
High
Low
Very
High

Your investment will be at Very High Risk

Fund house & investment objective
Rank (total assets)#4 in India
Total AUM₹6,63,683.96Cr
Date of Incorporation24 Feb 1995
Nippon India Nifty Bank Index Fund Direct Growth is a Other Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 22 Feb 2024. The fund currently has an Asset Under Management(AUM) of ₹6,63,683.96 Cr and the Latest NAV as of 17 Nov 2025 is ₹12.69.
The Nippon India Nifty Bank Index Fund Direct Growth is rated Very High. Minimum SIP Investment is set to ₹100 . Minimum Lumpsum Investment is ₹1,000. Exit load of Nil.
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Returns and Rankings

Category: Other Index Fund

1Y3Y5YAll
Fund returns18.04%--14.72%
Category average7.87%4.38%3.23%-
Rank within category1711436-

FAQ’s

What kind of returns does Nippon India Nifty Bank Index Fund Direct Growth provide?

Nippon India Nifty Bank Index Fund Direct Growth has given a return of NA% in the past 3 years.

What is the expense ratio charged by Nippon India Nifty Bank Index Fund Direct Growth?

The Expense Ratio charged by Nippon India Nifty Bank Index Fund Direct Growth is 0.2%.

What is the AUM size of Nippon India Nifty Bank Index Fund Direct Growth?

The AUM size of Nippon India Nifty Bank Index Fund Direct Growth is ₹177.27Cr.

What is the minimum SIP amount that you can invest in Nippon India Nifty Bank Index Fund Direct Growth?

₹100 is the minimum SIP amount that you can invest in Nippon India Nifty Bank Index Fund Direct Growth .

What are the top stock holdings of Nippon India Nifty Bank Index Fund Direct Growth?

The top stock holdings of Nippon India Nifty Bank Index Fund Direct Growth include , HDFC Bank Ltd , ICICI Bank Ltd , State Bank of India and Axis Bank Ltd.

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