Banking and Financial Services Mutual Funds
All 28 banking and financial services funds, Direct Growth plans, compared on returns, risk and cost. NAV as of 7 Oct 2026.
Category average
+11.7%
3-year return, annualised
Category average
+10.9%
5-year return, annualised
Category average
16.1%
Volatility, 3 years
Category average
1.15%
Expense ratio
Against the NIFTY Financial Services Index: 11 of 14 funds with at least 5 calendar years of history returned more than the index in at least half of the years from 2017 to 2026. The 2026 figure is year to date.
Banking and Financial Services funds compared
Direct plan, Growth option. Returns as of 7 Oct 2026. Click a column heading to sort.
| Returns (3Y and 5Y annualised) | Consistency | Risk | Against the index | Cost and size | |||||
|---|---|---|---|---|---|---|---|---|---|
| +3.3% | +16.2% | +13.3% | 8 of 10 | 15.8% | -23.2% | 6 of 10 | 0.94% | ₹1,896 Cr | |
| +2.5% | +11.4% | +13.0% | 7 of 10 | 16.8% | -20.1% | 5 of 10 | 0.92% | ₹1,722 Cr | |
| -1.7% | +10.7% | +12.0% | 5 of 10 | 15.6% | -18.7% | 6 of 10 | 1.05% | ₹7,910 Cr | |
| 0.0% | +11.5% | +11.6% | 4 of 6 | 16.1% | -21.0% | 6 of 6 | 0.72% | ₹2,357 Cr | |
| -2.5% | +14.7% | +11.6% | 4 of 10 | 14.6% | -21.7% | 5 of 10 | 1.20% | ₹10,873 Cr | |
| -1.7% | +10.5% | +11.3% | 7 of 10 | 16.3% | -23.1% | 7 of 10 | 0.96% | ₹3,301 Cr | |
| +1.5% | +11.5% | +11.3% | 4 of 5 | 16.5% | -21.7% | 4 of 5 | 0.96% | ₹4,688 Cr | |
| +0.5% | +13.4% | +10.9% | 5 of 10 | 16.2% | -21.7% | 4 of 10 | 1.08% | ₹460 Cr | |
| -0.3% | +12.0% | +10.7% | 1 of 10 | 15.9% | -21.9% | 6 of 10 | 1.38% | ₹1,452 Cr | |
| -0.9% | +8.7% | +9.7% | 4 of 10 | 16.5% | -22.2% | 5 of 10 | 1.15% | ₹3,668 Cr | |
| -4.0% | +6.2% | +9.0% | 1 of 10 | 16.5% | -21.4% | 2 of 10 | 1.64% | ₹275 Cr | |
| -5.2% | +9.3% | +8.9% | 3 of 10 | 14.5% | -20.3% | 5 of 10 | 1.23% | ₹11,331 Cr | |
| -5.9% | +7.4% | +8.5% | 4 of 10 | 14.8% | -22.1% | 2 of 10 | 1.84% | ₹11 Cr | |
| +10.8% | +20.1% | N/A | 3 of 3 | 18.6% | N/A | 3 of 3 | 1.89% | ₹922 Cr | |
| -1.6% | +13.8% | N/A | 1 of 3 | 16.5% | N/A | 2 of 3 | 0.96% | ₹1,122 Cr | |
| +0.7% | +11.5% | N/A | 2 of 3 | 16.5% | N/A | 2 of 3 | 0.82% | ₹1,561 Cr | |
| +1.7% | +10.5% | N/A | 1 of 5 | 16.2% | N/A | 4 of 5 | 1.12% | ₹388 Cr | |
| +10.1% | N/A | N/A | 1 of 2 | N/A | N/A | 1 of 2 | 1.09% | ₹91 Cr | |
| +6.2% | N/A | N/A | 3 of 3 | 16.3% | N/A | 3 of 3 | 0.78% | ₹2,184 Cr | |
| +5.2% | N/A | N/A | 1 of 1 | N/A | N/A | 1 of 1 | 0.96% | ₹963 Cr | |
| +2.9% | N/A | N/A | 1 of 1 | N/A | N/A | 1 of 1 | 1.20% | ₹477 Cr | |
| +0.6% | N/A | N/A | 1 of 2 | N/A | N/A | 1 of 2 | 1.06% | ₹665 Cr | |
| -3.2% | N/A | N/A | 0 of 2 | N/A | N/A | 1 of 2 | 1.14% | ₹211 Cr | |
| N/A | N/A | N/A | 0 of 1 | N/A | N/A | 1 of 1 | 1.14% | ₹499 Cr | |
| N/A | N/A | N/A | N/A | N/A | N/A | N/A | 1.65% | ₹273 Cr | |
| N/A | N/A | N/A | N/A | N/A | N/A | N/A | 1.12% | ₹657 Cr | |
| N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.98% | ₹289 Cr | |
| N/A | N/A | N/A | N/A | N/A | N/A | N/A | 1.27% | ₹217 Cr | |
Ordered by 5-year annualised return, highest first; funds younger than 5 years follow by 3-year, then 1-year return. Click a heading to sort by another figure. Top half, by year shows the fund's quartile in the category each calendar year from 2017 to 2026(green top quarter, grey second, amber third, red bottom; an outline means too young to rank) and how many of those years it finished in the top half. Years ahead of index counts the calendar years from 2017 to 2026 in which the fund returned more than the NIFTY Financial Services Index. Returns over 3 years and longer are compounded annual returns. Volatility is the annualised standard deviation of monthly returns. Worst fall is the largest drop from a peak in the last 5 years. N/A means the fund is too young for that period.
What a banking and financial services fund is
Banking and financial services funds put at least 80% of their assets in banks, lenders, insurers and other financial companies.
Source: SEBI categorisation of mutual fund schemes, 6 October 2017, as amended.
Investing from the UAE
NRIs living in the UAE can generally invest once KYC is complete, paying from an NRE or NRO bank account. Some fund houses do not accept residents of the United States or Canada, or accept them only offline. The UAE does not levy personal income tax, and the India UAE tax treaty may affect how gains are treated, so confirm your own position with a tax adviser.
Questions
How are these banking and financial services funds ordered?
By 5-year annualised return, highest first. Funds younger than 5 years follow, ordered by 3-year return and then 1-year return. Every figure is worked out from each fund's own Direct Growth NAV, the same way for every fund. We do not label any fund as the best.
Can NRIs living in the UAE invest in banking and financial services funds?
Generally yes, once KYC is complete, paying from an NRE or NRO bank account. Some fund houses do not accept investments from residents of the United States or Canada, or accept them only offline, so check the fund house's current policy if that applies to you.
How are gains taxed for NRIs?
For equity funds, India taxes gains on units held for 12 months or less at 20%, and gains on units held longer at 12.5% on the amount above ₹1.25 lakh in a financial year, plus cess and any surcharge. For NRIs the fund house deducts this tax when you redeem. The outcome depends on your tax residence and facts, so confirm your position with a tax adviser.
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