Fund Overview
Fund
Nippon India Nifty Bank Index Fund
Underlying Index: Nifty BankISIN: INF204KC1BY2
11.93-1.38% (1Y)
End of Day NAV as on Oct 09, 2026
Fundamentals
| Asset Type | Equity |
| Underlying Index Type | Sectoral Index |
| No. of Companies | 12 Companies |
| Market Cap Focus | Large & Mid Cap |
| Std Deviation (1 yr) | 1.05% |
| P/E | 18.48 |
| P/B | 1.93 |
| Div Yield | 1.15% |
| Asset Type | Equity |
| Underlying Index Type | Sectoral Index |
| No. of Companies | 12 |
| Market Cap Focus | Large & Mid Cap |
| P/E | 18.48 |
| P/B | 1.93 |
| Div Yield | 1.15% |
| Std Deviation (1 yr) | 1.05% |
Fund Parameters
| AUM (Cr) | 232 |
| Base Expense Ratio | 0.17% |
| Tracking Error | 0.13% |
| All-In-Cost | 0.30% |
| Inception Date | 22 Feb 2024 |
| Scheme Plan - Option - Type | Direct Plan - Growth - Open ended scheme |
Native Score
| AUM (Cr) | 232 |
| Base Expense Ratio | 0.17% |
| Tracking Error | 0.13% |
| All-In-Cost | 0.30% |
| Inception Date | 22 Feb 2024 |
| Scheme Plan - Option - Type | Direct Plan - Growth - Open ended scheme |
| Native Score |
Similar Exchange Traded Funds (ETFs)
| Fund Name | ||||||||
|---|---|---|---|---|---|---|---|---|
| 572.92 | 8,397 | 0.16% | 0.00% | 33 | -0.01% | 0.16% | ||
| 57.48 | 4,466 | 0.13% | 0.00% | 5 | -0.08% | 0.13% | ||
| 568.75 | 3,745 | 0.17% | 0.00% | 5 | 0.00% | 0.17% |
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| Fund Name | Last Close | AUM (Cr) | Avg Exp Ratio | Tracking Error | 1M ADTO (Cr) | 1M Avg NAV Gap | All-In-Cost | Score |
|---|---|---|---|---|---|---|---|---|
| 572.92 | 8,397 | 0.16% | 0.00% | 33 | -0.01% | 0.16% | ||
| 57.48 | 4,466 | 0.13% | 0.00% | 5 | -0.08% | 0.13% | ||
| 568.75 | 3,745 | 0.17% | 0.00% | 5 | 0.00% | 0.17% |
Similar Index Funds
| Fund Name | ||||||
|---|---|---|---|---|---|---|
| N/A | 794 | 0.13% | 0.13% | 0.26% | ||
| N/A | 676 | 0.23% | 0.13% | 0.36% | ||
| N/A | 649 | 0.15% | 0.13% | 0.28% |
Swipe to view more data →
| Fund Name | Last Close | AUM (Cr) | Avg Exp Ratio | Tracking Error | All-In-Cost | Score |
|---|---|---|---|---|---|---|
| N/A | 794 | 0.13% | 0.13% | 0.26% | ||
| N/A | 676 | 0.23% | 0.13% | 0.36% | ||
| N/A | 649 | 0.15% | 0.13% | 0.28% |
Sectoral Allocation
Total
100%
allocation
- Bank99.9%
- Miscellaneous0.2%
- Bank99.9%
- Miscellaneous0.2%
Fund Holdings
| Name | Weight |
|---|
| HDFC Bank Ltd. | 17.0% |
| ICICI Bank Ltd. | 14.8% |
| State Bank Of India | 10.3% |
| Kotak Mahindra Bank Ltd. | 9.9% |
| Axis Bank Ltd. | 9.2% |
| The Federal Bank Ltd. | 7.1% |
| IndusInd Bank Ltd. | 5.4% |
| AU Small Finance Bank Ltd. | 4.8% |
| IDFC First Bank Ltd. | 4.7% |
| Bank Of Baroda | 3.5% |
| Punjab National Bank | 3.4% |
| Yes Bank Ltd. | 3.3% |
| Canara Bank | 3.3% |
| Union Bank Of India | 3.2% |
| Tri-Party Repo (TREPS) | 0.2% |
| Cash & Cash Equivalent | 0.0% |
| Net Current Asset | -0.1% |
NameWeight
HDFC Bank Ltd.17.0%
ICICI Bank Ltd.14.8%
State Bank Of India10.3%
Kotak Mahindra Bank Ltd.9.9%
Axis Bank Ltd.9.2%
The Federal Bank Ltd.7.1%
IndusInd Bank Ltd.5.4%
AU Small Finance Bank Ltd.4.8%
IDFC First Bank Ltd.4.7%
Bank Of Baroda3.5%
Punjab National Bank3.4%
Yes Bank Ltd.3.3%
Canara Bank3.3%
Union Bank Of India3.2%
Tri-Party Repo (TREPS)0.2%
Cash & Cash Equivalent0.0%
Net Current Asset-0.1%
Holdings Concentration
Total covered: 100%
Top 1–5
5 holdings
61.2%
61%
share
Top 6–10
5 holdings
25.5%
26%
share
Top 11–20
6 holdings
13.4%
13%
share
Market Cap Classification
Total
100%
allocation
- Large Cap74.5%
- Mid Cap25.4%
- Large Cap74.5%
- Mid Cap25.4%
Advanced Ratios
| Alpha | -0.01 |
| Beta | 1.00 |
| Sharpe Ratio | 0.02 |
| Sortino Ratio | 0.04 |
| Treynor Ratio | 0.03 |
| Information Ratio | -0.10 |
| Upside Capture | 96.98% |
| Downside Capture | 100.27% |
Index Methodology
| Factor Basis | Sector/Theme |
| What universe selected from? | Nifty 500 |
| Weightage? | Free-Float Market Cap Weighting, Max Wt per stock = 33% |
| Stocks Included | Top 12 stocks in the Nifty 500 based on Free float market cap are included |
| Exclusions | Constituents being excluded from the Nifty 500 that are currently part of Nifty Bank Index |
| Factor Basis | Sector/Theme |
| Universe | Nifty 500 |
| Weightage | Free-Float Market Cap Weighting, Max Wt per stock = 33% |
| Stocks Included | Top 12 stocks in the Nifty 500 based on Free float market cap are included |
| Exclusions | Constituents being excluded from the Nifty 500 that are currently part of Nifty Bank Index |
Fund • Last updated: 12/10/2026