mutual funds nippon india nifty bank index fund directgrowth

holdings

Nippon India Nifty Bank Index Fund Direct-Growth

Equity: Sectoral-Banking - Growth (Open ended)

Nippon India Nifty Bank Index Fund Direct-GrowthNAV: 12.25 as on 07 Jul, 2026

Risk levelCategoryBenchmark

Factsheet

SEBI Riskometer: Very HighCategory: Equity: Sectoral-BankingBenchmark: NIFTY Bank Total Return Index

NAV: ₹12.25-2.50%

08 Jul 2026

Holdings Analysis

Equity, debt and cash allocation snapshot with market cap distribution for Nippon India Nifty Bank Index Fund Direct-Growth.

Asset Allocation

As on 31 May 2026

Equity

99.82%

Others

0.18%

Debt

0.00%

Market Cap Distribution

Large Cap (75.4%)

Mid Cap (24.6%)

Historical Asset Allocation

Asset	31 May 2026	30 Apr 2026	31 Mar 2026	28 Feb 2026	31 Jan 2026	31 Dec 2025
Equity	99.82%	100.02%	99.92%	99.92%	99.90%	99.94%
Debt	0.00%	0.00%	0.01%	0.00%	0.00%	0.00%
Others (incl. cash)	0.18%	-0.02%	0.07%	0.08%	0.10%	0.06%
Commodities	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Real Estate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Portfolio Snapshot

No. of Securities

P/E Ratio

14.06

P/B Ratio

1.79

Top Holding %

17.90%

Top 5 Holdings %

60.60%

Top 10 Holdings %

85.94%

AUM

₹195 Cr

Expense Ratio

0.31%

Since Inception

8.90%

Max Drawdown

-0.18%

Top Portfolio Holdings by Weight

Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.

Instrument	Sector	No. of Shares	Value (Rs. Cr)	Weight	Change
HDFC Bank Ltd.	Financial	4,69,405	34.95	17.90%	-0.47%↓
ICICI Bank Ltd.	Financial	2,11,446	26.57	13.60%	0.05%↑
Axis Bank Ltd.	Financial	1,55,748	20.04	10.26%	0.24%↑
Kotak Mahindra Bank Ltd.	Financial	4,97,608	19.12	9.79%	0.12%↑
State Bank of India	Financial	1,83,326	17.68	9.05%	-0.89%↓
The Federal Bank Ltd.	Financial	4,30,544	12.44	6.37%	0.10%↑
Indusind Bank Ltd.	Financial	1,15,191	10.53	5.39%	0.04%↑
AU Small Finance Bank Ltd.	Financial	96,368	9.49	4.86%	-0.11%↓
Bank Of Baroda	Financial	3,24,494	8.71	4.46%	0.12%↑
IDFC First Bank Ltd.	Financial	11,66,562	8.32	4.26%	0.14%↑
Canara Bank	Financial	5,93,722	7.77	3.98%	-0.08%↓
Yes Bank Ltd.	Financial	30,92,499	7.16	3.67%	0.54%↑
Punjab National Bank	Financial	6,07,205	6.44	3.30%	-0.07%↓
Union Bank of India	Financial	3,40,284	5.71	2.93%	0.07%↑

Sector-wise Portfolio Allocation

Equity exposure by sector as a percentage of total net assets, tracked across recent portfolio dates. Identifies concentration risk and sector rotation trends in the fund's holdings.

Sector	31 May 2026	30 Apr 2026	31 Mar 2026	28 Feb 2026	31 Jan 2026	31 Dec 2025
Financial	99.82%	100.02%	99.92%	99.92%	99.90%	99.94%

Equity Insights

A detailed look at the equity holdings of this scheme — aggregated scores on value, momentum, quality parameters along with diversification and performance analysis.

Style Analysis

Value score

73.0 / 100

Weighted average Value score is 73.0. This indicates that portfolio is relatively reasonably valued using composite of value measures.

Price Momentum score

64.3 / 100

Weighted average Price Momentum score is 64.3. This indicates that portfolio has average momentum using composite of momentum measures.

Quality score

66.7 / 100

Weighted average Quality score is 66.7. This indicates that portfolio has average quality using composite of quality measures.

QVM score

82.5 / 100

Weighted average QVM score is 82.5. This indicates that portfolio has high QVM score and hence could be considered for investment.

Red Flags

Declining revenues

Following companies have seen their sales decline for 2 consecutive quarters (measured on yoy basis): Canara Bank

Frequently Asked Questions

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

The top holdings of Nippon India Nifty Bank Index Fund Direct-Growth sorted by portfolio weight are listed in the Top Portfolio Holdings section of the Holdings tab.

How many stocks does Nippon India Nifty Bank Index Fund Direct-Growth hold in its portfolio?

Nippon India Nifty Bank Index Fund Direct-Growth holds 15 securities in its portfolio. The top 5 holdings account for 60.60% of the portfolio and the top 10 for 85.94% — a concentrated portfolio that amplifies stock-specific outcomes.

What is the sector allocation of Nippon India Nifty Bank Index Fund Direct-Growth?

The sector allocation of Nippon India Nifty Bank Index Fund Direct-Growth is in the Sector Allocation section, showing each industry's weight in the portfolio.

What is the equity and debt allocation of Nippon India Nifty Bank Index Fund Direct-Growth?

As of 31 May 2026, Nippon India Nifty Bank Index Fund Direct-Growth has 99.82% in equity, 0.00% in debt and 0.18% in cash/others. This asset mix determines the fund's overall risk-return profile.

What is the market cap allocation of Nippon India Nifty Bank Index Fund Direct-Growth?

Nippon India Nifty Bank Index Fund Direct-Growth's equity portfolio — Large Cap: 75.41%, Mid Cap: 24.59%. Market cap allocation determines the fund's risk profile — large cap offers stability while mid and small cap offer higher growth potential with higher volatility.

Is Nippon India Nifty Bank Index Fund Direct-Growth a concentrated or diversified fund?

Nippon India Nifty Bank Index Fund Direct-Growth holds 15 securities, with the top 10 accounting for 85.94% of the portfolio and the top 5 for 60.60%. With fewer than 30 holdings, this is a concentrated fund — each stock has a meaningful impact on performance.

What is the credit quality of Nippon India Nifty Bank Index Fund Direct-Growth?

The credit quality breakdown of Nippon India Nifty Bank Index Fund Direct-Growth's debt portfolio is in the Credit Rating section. For equity-oriented funds, this section may not be applicable.

How often does Nippon India Nifty Bank Index Fund Direct-Growth change its portfolio?

The portfolio currently holds 15 securities with the top 10 accounting for 85.94% as of 31 May 2026. Portfolio turnover reflects how actively the fund manager trades. A high turnover increases transaction costs while a low turnover reflects a buy-and-hold approach. Historical asset allocation snapshots across multiple dates are in the Holdings Analysis section.

What is the PE ratio of Nippon India Nifty Bank Index Fund Direct-Growth's portfolio?

The weighted average PE ratio of Nippon India Nifty Bank Index Fund Direct-Growth's portfolio is 14.06 and the PB ratio is 1.79. These metrics reflect the overall valuation and interest rate sensitivity of the portfolio.

When is the latest portfolio disclosure for Nippon India Nifty Bank Index Fund Direct-Growth?

The latest portfolio disclosure for Nippon India Nifty Bank Index Fund Direct-Growth is as of 31 May 2026. Mutual funds and ETFs in India are required to disclose their full portfolio monthly, within 10 business days of month-end. You can switch between historical disclosure dates using the date selector in the Top Portfolio Holdings section.

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Asset

31 May 2026

30 Apr 2026

31 Mar 2026

28 Feb 2026

31 Jan 2026

31 Dec 2025

Equity

99.82%

100.02%

99.92%

99.90%

99.94%

Debt

0.00%

0.01%

0.00%

Others (incl. cash)

0.18%

-0.02%

0.07%

0.08%

0.10%

0.06%

Commodities

0.00%

Real Estate

0.00%

Instrument

Sector

No. of Shares

Value (Rs. Cr)

Weight

Change

HDFC Bank Ltd.

Financial

4,69,405

34.95

17.90%

-0.47%↓

ICICI Bank Ltd.

Financial

2,11,446

26.57

13.60%

0.05%↑

Axis Bank Ltd.

Financial

1,55,748

20.04

10.26%

0.24%↑

Kotak Mahindra Bank Ltd.

Financial

4,97,608

19.12

9.79%

0.12%↑

State Bank of India

Financial

1,83,326

17.68

9.05%

-0.89%↓

The Federal Bank Ltd.

Financial

4,30,544

12.44

6.37%

0.10%↑

Indusind Bank Ltd.

Financial

1,15,191

10.53

5.39%

0.04%↑

AU Small Finance Bank Ltd.

Financial

96,368

9.49

4.86%

-0.11%↓

Bank Of Baroda

Financial

3,24,494

8.71

4.46%

0.12%↑

IDFC First Bank Ltd.

Financial

11,66,562

8.32

4.26%

0.14%↑

Canara Bank

Financial

5,93,722

7.77

3.98%

-0.08%↓

Yes Bank Ltd.

Financial

30,92,499

7.16

3.67%

0.54%↑

Punjab National Bank

Financial

6,07,205

6.44

3.30%

-0.07%↓

Union Bank of India

Financial

3,40,284

5.71

2.93%

0.07%↑