Key metrics
Further reading: Median maximum drawdown by fund category, measured across 1,767 funds
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -1.59% | -2.35% | -3.80% | -3.40% | -5.08% | – | – | – | – |
NAV history
About this fund
Nippon India Nifty Bank Index Fund is a passive index fund/ETF offered by Nippon India Mutual Fund, classified under Index/ETF as Other Scheme - Index Funds. It aims to mirror an index rather than beat it, usually at a lower cost than active funds. Its latest NAV is ₹11.86, with assets under management of about ₹202 Cr (April - June 2026).
Further reading: What a category rank actually tells you
Performance analysis
Over the trailing one year, Nippon India Nifty Bank Index Fund has recorded a return of about -5.1%. Its annualised volatility is 16.2% — relatively large fluctuations — and its Sharpe ratio is -0.72, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.17%, deducted daily from the NAV.
Further reading: Reading a fund page: what each number does and doesn't say
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 8.79 | 8.67 | -5.08 | 26.44 | 90% | 32% |
Further reading: Why a single trailing return misleads, measured across 830 funds
Frequently asked questions
Compare with peers
Further reading: Every fund measured against the best performer in its own category
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Nippon India Nifty IT Index Fund Other Scheme - Index Funds | 12.43 | 12.56 | 6.08 | -7.52 | – | – | – | 0.21 |
| HDFC NIFTY200 Momentum 30 Index Fund Other Scheme - Index Funds | -7.52 | -8.29 | -9.32 | -12.29 | – | – | – | – |
| ICICI Prudential Nifty LargeMidcap 250 Index Fund Other Scheme - Index Funds | -5.59 | -6.86 | -5.53 | -6.87 | – | – | – | 0.21 |
| HDFC NIFTY Realty Index Fund Other Scheme - Index Funds | -6.77 | -10.81 | 0.18 | -14.42 | – | – | – | – |
| Navi NiftyIT Index Fund Other Scheme - Index Funds | 12.51 | 12.50 | 5.99 | -7.62 | – | – | – | 0.35 |
| Tata Nifty Auto Index Fund Other Scheme - Index Funds | -7.65 | -8.26 | -4.82 | -7.60 | – | – | – | 0.40 |
| Tata Nifty MidSmall Healthcare Index Fund Other Scheme - Index Funds | -8.76 | -4.93 | 8.09 | 8.22 | – | – | – | 0.40 |
| Tata Nifty Realty Index Fund Other Scheme - Index Funds | -6.77 | -10.74 | 0.21 | -14.52 | – | – | – | 0.39 |
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Nippon India MNC Fund Sectoral/Thematic - MNC | -7.35 | -9.64 | -7.73 | -8.75 | – | – | – | 1.02 |
| Nippon India Nifty 1D Rate Liquid ETF Other Scheme - Other ETFs | 0.40 | 1.16 | 2.34 | 4.72 | – | – | – | 0.42 |
| Nippon India Nifty India Manufacturing ETF Other Scheme - Other ETFs | -7.15 | -7.64 | -5.03 | -2.14 | – | – | – | 0.21 |
| Nippon India Income Plus Arbitrage Omni Fund of Fund Other Scheme - FoF Domestic | 0.18 | – | – | – | – | – | – | – |
| Nippon India Arbitrage Fund Hybrid Scheme - Arbitrage Fund | 0.57 | 1.49 | 3.14 | 6.67 | 7.25 | 6.83 | 6.47 | 0.28 |
| Nippon India Banking & Financial Services Fund Sectoral/Thematic - Banking/Financial | -5.83 | -6.38 | -6.74 | -6.86 | 9.97 | 10.61 | 12.26 | 0.82 |
| Nippon India Large Cap Fund Equity Scheme - Large Cap Fund | -3.93 | -5.25 | -6.63 | -9.57 | 9.77 | 11.14 | 13.40 | 0.57 |
| Nippon India Multi Cap Fund Equity Scheme - Multi Cap Fund | -6.30 | -6.41 | -6.66 | -7.85 | 11.00 | 14.38 | 14.69 | 0.58 |