Nippon India Nifty Bank Index Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Index Funds/ETFs

Fund House : Nippon India Mutual Fund

NAV

This number shows latest NAV (Net Asset Value) and change in the NAV from previous day. NAV is nothing but the unit price for the fund. You will be allocated number of units based on this price. NAV is declared once each day generally at the end of the day. Once you invest in mutual funds, your money is further invested in stocks and bonds by mutual fund managers. Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio

: ₹ 12.4407 -0.44%
(as on 31st October, 2025)

Crisil Rating

Not Rated

Rank not available for the fund

Fund Size

: ₹ 163.32 Cr

(0.05% of Investment in Category)

Expense Ratio

: 0.2%

(0.28% Category average)

Risk-O-Meter

Very High Risk

Index Funds/ETFs :Index Funds/ETFs : The fund has 99.9% investment in domestic equities of which 60.01% is in Large Cap stocks, 8.73% is in Mid Cap stocks.

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This Scheme

VS

Nifty Bank TRI

5.75%

3.47%

5.71%

13.13%

17.08%

20.17%

21.53%
NA
3.27%

3.16%

6.99%

5.61%

15.31%

19.75%

10.09%

NA
Gold

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ALL

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Returns Calculator
SIP Calculator
VIP (Value Avg)

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Returns (NAV as on 31st October, 2025)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	24-Oct-25	10012.60	0.13%	-	0.08%	124/353
1 Month	30-Sep-25	10572.40	5.72%	-	3.27%	35/351
3 Month	31-Jul-25	10340.80	3.41%	-	3.16%	154/336
6 Month	30-Apr-25	10560.10	5.60%	-	6.99%	173/314
YTD	01-Jan-25	11373.60	13.74%	-	6.26%	24/283
1 Year	31-Oct-24	11276.30	12.76%	12.76%	5.61%	19/259
Since Inception	22-Feb-24	12440.70	24.41%	13.79%	10.09%	91/342

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 31st October, 2025)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	31-Oct-24	12000	13150.66	9.59 %	18.15 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

Please check with your Tax Advisor.

Portfolio (Updated on 30th Sep,2025)

Portfolio Turnover Ratio : 24.00% | Category average turnover ratio is 39.97%

Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)

Equity Holding : 99.90% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 99.90%

No of Stocks : 12 (Category Avg - 54.12) | Large Cap Investments : 60.01%| Mid Cap Investments : 8.73% | Small Cap Investments : 0% | Other : 31.16%

Top 10 Stocks in Portfolio

How to read this table?

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
HDFC Bank Ltd.	Private sector bank	464.9	28.46%	-0.06%	29.31% (Nov 2024)	27.54% (Jan 2025)	4.89 L	17.08 k
ICICI Bank Ltd.	Private sector bank	397.8	24.36%	-1.61%	26.37% (Jul 2025)	24.36% (Sep 2025)	2.95 L	2.68 k
State Bank Of India	Public sector bank	149.7	9.17%	0.09%	10.21% (Nov 2024)	7.7% (Feb 2025)	1.72 L	-6.48 k
Kotak Mahindra Bank Ltd.	Private sector bank	146.2	8.95%	0.88%	9.86% (Feb 2025)	7.52% (May 2025)	73.38 k	8.58 k
Axis Bank Ltd.	Private sector bank	143.3	8.78%	0.98%	8.92% (Oct 2024)	7.64% (Jul 2025)	1.27 L	9.25 k
Indusind Bank Ltd.	Private sector bank	51.3	3.14%	-0.22%	4.89% (Feb 2025)	3.14% (Sep 2025)	69.72 k	-1.71 k
Bank Of Baroda	Public sector bank	50.5	3.09%	0.12%	3.49% (Apr 2025)	2.74% (Nov 2024)	1.95 L	-5.41 k
Federal Bank Ltd.	Private sector bank	50.2	3.07%	-0.17%	3.8% (Mar 2025)	3.01% (Oct 2024)	2.60 L	-5.97 k
IDFC First Bank Ltd.	Private sector bank	48.8	2.99%	-0.11%	3.13% (May 2025)	2.52% (Nov 2024)	7.00 L	-0.17 L
Canara Bank	Public sector bank	44.2	2.70%	0.29%	2.88% (May 2025)	2.04% (Feb 2025)	3.57 L	-8.78 k

- indicates change in weight in the portfolio. # indicates a new entry.

Detailed Portfolio Analysis

Name	Type of Instrument	Weight (%)
TREPS	TREPS	0.72%
Margin	Margin	0.00%
Net Receivables	Net Receivables	-0.62%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 01st January, 1970)

No data available. Ratios are only available for the funds which are 3 years old.

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Mirae Asset Gold ETF Fund of Fund - Direct Plan - Growth	NA	178.13	3.79	21.09	25.86	49.29	0.00
ICICI Prudential NASDAQ 100 Index Fund - Direct Plan - Growth	NA	2543.95	5.19	13.36	38.29	38.22	34.94
Motilal Oswal Nifty India Defence Index Fund - Direct Plan - Growth	NA	3703.30	3.59	4.70	14.05	28.41	0.00
Aditya Birla Sun Life Nifty India Defence Index Fund - Direct Plan - Growth	NA	721.82	3.60	4.62	13.93	27.67	0.00
Groww Nifty India Defence ETF FOF - Direct Plan - Growth	NA	78.84	3.28	4.08	13.05	27.17	0.00
Motilal Oswal S&P 500 Index Fund - Direct Plan Growth	NA	4036.19	2.31	9.51	29.22	27.08	23.98
Tata Nifty Capital Markets Index Fund - Direct Plan - Growth	NA	330.12	9.33	4.36	21.31	21.87	0.00
Kotak Nifty Financial Services Ex-Bank Index Fund - Direct Plan - Growth	NA	67.21	6.13	7.15	14.88	20.50	0.00
Motilal Oswal BSE Financials ex Bank 30 Index Fund - Direct Plan - Growth	NA	22.13	4.56	6.19	13.43	16.44	21.66
ICICI Prudential Nifty Auto Index Fund - Direct Plan - Growth	NA	166.50	0.97	13.52	20.89	14.49	26.23

Detailed Comparison

More Funds from Nippon India Mutual Fund

Out of 84 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 5 is/are ranked 4 * , 18 is/are ranked 3 * , 3 is/are ranked 2 * , 1 is/are ranked 1 * , and 56 schemes are not ranked. See more about AMC

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Nippon India Small Cap Fund - Direct Plan - Growth	3	66136.11	3.32	1.24	11.28	-2.38	23.86
Nippon India Multicap Fund - Direct Plan - Growth	4	47294.47	2.56	1.76	10.59	4.93	22.95
Nippon India Large Cap Fund - Direct Plan - Growth	5	46463.11	3.17	3.89	9.08	8.44	20.24
Nippon India Growth Mid Cap Fund - Direct Plan - Growth	4	39328.98	3.91	3.46	11.26	6.33	26.14
Nippon India Liquid Fund - Direct Plan - Growth	1	27071.82	0.48	1.45	3.06	6.80	7.10
Nippon India Money Market Fund - Direct Plan - Growth	2	23246.25	0.51	1.49	3.46	7.79	7.72
Nippon India Arbitrage Fund - Direct Plan - Growth	3	15516.06	0.56	1.42	2.99	6.98	7.66
Nippon India ELSS Tax Saver Fund - Direct Plan - Growth	3	15059.64	3.55	2.56	8.30	4.89	18.53
Nippon India Ultra Short Duration Fund - Direct Plan - Growth	2	10507.39	0.56	1.62	3.56	7.76	7.76
Nippon India Corporate Bond Fund - Direct Plan - Growth	3	9921.51	0.83	1.31	3.23	8.76	8.44