Nippon India Nifty Bank Index Fund Direct - Growth

The current Net Asset Value (NAV) of the Nippon India Nifty Bank Index Fund - Direct Growth plan is approximately ₹11.8431 as of Apr 23, 2025.

The Nippon India Nifty Bank Index Fund is a 1 yrs 2 m old fund and has delivered average annual returns of 16.49% since inception.

Nippon India Nifty Bank Index Fund Returns

The Nippon India Nifty Bank Index Fund - Direct Growth has an expense ratio of 0.2%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

The Nippon India Nifty Bank Index Fund currently has assets under management (AUM) or fund size valued at approximately ₹144 Crs crore as of Mar 31, 2025.

The Nippon India Nifty Bank Index Fund has invested the majority of its money in the stocks of the following companies -

The Nippon India Nifty Bank Index Fund has primarily invested in the following sectors

This is a Other Equity Index fund comes with Very High risk.

No, this fund does not have any lock-in period.

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

1. Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

1. Click on the "Invest on App" button at the bottom to download the app.
2. Once the app is downloaded:
3. Sign-up and complete your one time KYC process, or log in if you're already registered.
4. Search for Nippon India Nifty Bank Index Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
5. Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Nippon India Nifty Bank Index Fund is complete.

Redeeming your investments in Nippon India Nifty Bank Index Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Nippon India Nifty Bank Index Fund from anywhere else, you can go to the fund house website and put a request through it.