Nippon India Nifty Bank Index Fund
Portfolio as on Aug 2026 · 14 equity positions
Same portfolio, 16 funds
These 16 passive funds hold portfolios at least 90% identical by weight. They track the same index, so the stocks inside are the same and what you pay to hold them is the main difference. In our data their expense ratios run from 0.23% to 0.31% a year.
| Fund | Type | Expense ratio | AUM |
|---|---|---|---|
| Index Fund | 0.23% p.a. | ₹778.25 Cr | |
| Index Fund | 0.25% p.a. | ₹181.30 Cr | |
| Index Fund | 0.27% p.a. | ₹63.51 Cr | |
Nippon India Nifty Bank Index Fund (this fund) | Index Fund | 0.31% p.a. | ₹202.02 Cr |
| ETF | — | ₹8,046 Cr | |
| ETF | — | ₹4,549 Cr | |
| ETF | — | ₹3,681 Cr | |
| ETF | — | ₹3,089 Cr | |
| ETF | — | ₹2,993 Cr | |
| ETF | — | ₹2,493 Cr | |
| ETF | — | ₹2,194 Cr | |
| ETF | — | ₹439.54 Cr | |
| ETF | — | ₹324.51 Cr | |
| ETF | — | ₹323.94 Cr | |
| Index Fund | — | ₹204.89 Cr | |
| Index Fund | — | ₹3.04 Cr |
Cost is not the only difference. An ETF trades on the exchange like a share, so buying one needs a demat account and costs brokerage and the bid–ask spread; an index fund is bought from the fund house at NAV. Tracking error also varies from fund to fund. Expense ratios are the direct-plan figures from our AMFI-sourced feed and can lag a fund house's latest change; a dash means we do not have one yet, which is currently true of every ETF. Check the fund house's own disclosure before investing. Information only, not investment advice. Why so many funds hold the same portfolio →
The portfolio at a glance
Nippon India Nifty Bank Index Fund is an Index Fund scheme from Nippon India MF. Its Aug 2026 portfolio holds 14 stocks, and its average assets under management are ₹202.02 Cr.
As an index tracker it holds what its index holds, in the same proportions. The largest position is HDFC Bank at 17.01% of the portfolio, and the ten largest together make up 86.71%.
By sector, Banks is the largest at 100.00% of the equity portfolio.
Hold other funds too? The fund overlap tool shows how many of these stocks they share. A scheme's official riskometer is in its factsheet on the fund house's website.
NAV history
₹12.06 per unit -3.6% vs Oct '25
Last 365 days · daily NAV from AMFI · Nippon India Nifty Bank Index Fund
Performance & risk
Based on ~11 months of weekly NAV history from AMFI. Volatility is the annualized standard deviation of NAV returns. Sharpe ratio and alpha assume a 6.5% risk-free rate. Beta measures how much the fund moves with its benchmark (1.0 = in step); alpha is the return above what that beta would predict. Measured against the NAV of Kotak Nifty 50 Index Fund, standing in for the NIFTY 50 itself. A tracker's NAV is the index minus its running costs, so this compares funds against an investable benchmark rather than a costless one. Past performance does not guarantee future returns — not investment advice.
Sector allocation
- Banks100%
Top holdings
Top 10 holdings make up 86.7% of the portfolio · top 5 = 61.2%.
| # | ||||
|---|---|---|---|---|
| 1 | HDFC BankBanks₹39.50 Cr | 17.01% | ₹39.50 Cr | 5.57 L |
| 2 | ICICI BankBanks₹34.47 Cr | 14.84% | ₹34.47 Cr | 2.37 L |
| 3 | State Bank of IndiaBanks₹23.83 Cr | 10.26% | ₹23.83 Cr | 2.25 L |
| 4 | Kotak Mahindra BankBanks₹22.92 Cr | 9.87% | ₹22.92 Cr | 5.47 L |
| 5 | Axis BankBanks₹21.34 Cr | 9.19% | ₹21.34 Cr | 1.64 L |
| 6 | The Federal BankBanks₹16.59 Cr | 7.14% | ₹16.59 Cr | 4.65 L |
| 7 | IndusInd BankBanks₹12.63 Cr | 5.44% | ₹12.63 Cr | 1.24 L |
| 8 | AU Small Finance BankBanks₹11.19 Cr | 4.82% | ₹11.19 Cr | 1.03 L |
| 9 | IDFC First BankBanks₹10.85 Cr | 4.67% | ₹10.85 Cr | 12.62 L |
| 10 | Bank of BarodaBanks₹8.07 Cr | 3.47% | ₹8.07 Cr | 3.38 L |
| 11 | Punjab National BankBanks₹7.83 Cr | 3.37% | ₹7.83 Cr | 6.85 L |
| 12 | Yes BankBanks₹7.73 Cr | 3.33% | ₹7.73 Cr | 33.88 L |
| 13 | Canara BankBanks₹7.72 Cr | 3.32% | ₹7.72 Cr | 6.08 L |
| 14 | Union Bank of IndiaBanks₹7.35 Cr | 3.17% | ₹7.35 Cr | 3.90 L |
Nippon India Nifty Bank Index Fund — FAQ
- What are the top holdings of Nippon India Nifty Bank Index Fund?
- Nippon India Nifty Bank Index Fund holds 14 equity positions; the largest is HDFC Bank Ltd at 17.01% of the portfolio, as on Aug 2026. Information only, not investment advice.
- How concentrated is Nippon India Nifty Bank Index Fund?
- Its single largest equity position is HDFC Bank Ltd, at 17.01% of the fund's disclosed portfolio.
- As of when is this Nippon India Nifty Bank Index Fund portfolio?
- Portfolio as on Aug 2026, taken from Nippon India Mutual Fund's public monthly portfolio disclosure.
- What is the NAV of Nippon India Nifty Bank Index Fund?
- The latest NAV (Net Asset Value) of Nippon India Nifty Bank Index Fund is ₹12.18 per unit, as on Aug 2026, sourced from AMFI's public scheme data. NAV changes daily with market movements. Information only, not investment advice.
- What is the AUM of Nippon India Nifty Bank Index Fund?
- Nippon India Nifty Bank Index Fund has a Monthly Average AUM (Assets Under Management) of ₹202.02 Cr, as per AMFI's latest published data. AUM reflects the total market value of all assets managed across all plans of this scheme. Information only, not investment advice.
- Who manages Nippon India Nifty Bank Index Fund?
- Nippon India Nifty Bank Index Fund is managed by Jitendra Tolani, as per AMFI's public disclosure. Fund manager details sourced from Kuvera/AMFI data. Information only, not investment advice.
- What is the expense ratio of Nippon India Nifty Bank Index Fund?
- Nippon India Nifty Bank Index Fund has a Total Expense Ratio (TER) of 0.31% p.a., as disclosed to AMFI. The TER is the annual cost of running the fund, deducted daily from the NAV. A lower TER means more of the fund's return flows to investors. Information only, not investment advice.
- What is the 1-year NAV return of Nippon India Nifty Bank Index Fund?
- Nippon India Nifty Bank Index Fund's NAV moved from ₹12.51 (Oct 2025) to ₹12.06 (Sep 2026), a change of -3.6% over approximately one year. NAV data sourced from AMFI. Past performance is not indicative of future returns. Information only, not investment advice.
- What is the Sharpe ratio of Nippon India Nifty Bank Index Fund?
- Based on roughly 11 months of NAV history, Nippon India Nifty Bank Index Fund has an annualized return of about -4% with 16% annualized volatility, giving a Sharpe ratio of -0.66 (assuming a 6.5% risk-free rate). A higher Sharpe ratio means more return per unit of risk taken. Past performance is not indicative of future returns.
- What are the beta and alpha of Nippon India Nifty Bank Index Fund?
- Nippon India Nifty Bank Index Fund has a beta of 1.12 and an annualized alpha of +11.3%. Beta measures how much the fund moves with its benchmark — 1.0 means it moves in step, above 1.0 amplifies it. Alpha is the return above what that beta would predict. Measured against the NAV of Kotak Nifty 50 Index Fund, standing in for the NIFTY 50 itself. A tracker's NAV is the index minus its running costs, so this compares funds against an investable benchmark rather than a costless one. Alpha assumes a 6.5% risk-free rate. The benchmark explains 82% of this fund's movement. Past performance is not indicative of future returns. Information only, not investment advice.
Similar funds
- UTI Nifty 50 Index FundUTI MF
- HDFC Nifty 50 Index FundHDFC MF
- SBI Nifty Index FundSBI MF
- ICICI Prudential Nifty Next 50 Index FundICICI Pru MF
- HDFC BSE Sensex Index FundHDFC MF
Equity holdings only, ISIN-verified, from Nippon India Mutual Fund's public monthly portfolio disclosure (Aug 2026). Not investment advice.
Weight = the position as a % of this fund's portfolio. Values in ₹: L = Lakh (1,00,000), Cr = Crore (1,00,00,000).