# Banking and Financial Services mutual funds compared

Source page: https://www.rudowealth.com/mutual-funds/category/banking-and-financial-services-funds

Banking and financial services funds put at least 80% of their assets in banks, lenders, insurers and other financial companies. (SEBI categorisation of mutual fund schemes, 6 October 2017, as amended.)

All 28 banking and financial services funds, Direct plan, Growth option, NAV as of 2026-10-07. Every figure is worked out from each fund's own NAV.

Category averages: 3-year return +11.7% a year, 5-year return +10.9% a year (both annualised), volatility over 3 years 16.1%, expense ratio 1.15%.

| Rank | Fund | 1Y | 3Y (annualised) | 5Y (annualised) | Volatility 3Y | Worst fall 5Y | Expense ratio | Fund size |
|---|---|---|---|---|---|---|---|---|
| 1 | [Invesco India Financial Services Fund - Direct Plan - Growth](https://www.rudowealth.com/mutual-funds/invesco-india-financial-services-fund-direct-plan-growth) | +3.3% | +16.2% | +13.3% | 15.8% | -23.2% | 0.94% | ₹1,896 Cr |
| 2 | [Sundaram Financial Services Opportunities Fund Direct Plan - Growth](https://www.rudowealth.com/mutual-funds/sundaram-financial-services-opportunities-fund-direct-plan-growth) | +2.5% | +11.4% | +13.0% | 16.8% | -20.1% | 0.92% | ₹1,722 Cr |
| 3 | [Nippon India Banking & Financial Services Fund - Direct Plan Growth Plan - Growth Option](https://www.rudowealth.com/mutual-funds/nippon-india-banking-financial-services-fund-direct-plan-growth-plan-growth-option) | -1.7% | +10.7% | +12.0% | 15.6% | -18.7% | 1.05% | ₹7,910 Cr |
| 4 | [Mirae Asset Banking and Financial Services Fund Direct Growth](https://www.rudowealth.com/mutual-funds/mirae-asset-banking-and-financial-services-fund-direct-growth) | +0.0% | +11.5% | +11.6% | 16.1% | -21.0% | 0.72% | ₹2,357 Cr |
| 5 | [SBI Banking & Financial Services Fund - Direct Plan - Growth](https://www.rudowealth.com/mutual-funds/sbi-banking-financial-services-fund-direct-plan-growth) | -2.5% | +14.7% | +11.6% | 14.6% | -21.7% | 1.20% | ₹10,873 Cr |
| 6 | [Tata Banking and Financial Services Fund-Direct Plan-Growth](https://www.rudowealth.com/mutual-funds/tata-banking-and-financial-services-fund-direct-plan-growth) | -1.7% | +10.5% | +11.3% | 16.3% | -23.1% | 0.96% | ₹3,301 Cr |
| 7 | [HDFC Banking & Financial Services Fund - Growth Option - Direct Plan](https://www.rudowealth.com/mutual-funds/hdfc-banking-and-financial-services-fund-growth-option-direct-plan) | +1.5% | +11.5% | +11.3% | 16.5% | -21.7% | 0.96% | ₹4,688 Cr |
| 8 | [Baroda BNP Paribas Banking and Financial Services Fund - Direct - Growth Option](https://www.rudowealth.com/mutual-funds/baroda-bnp-paribas-banking-and-financial-services-fund-direct-growth-option) | +0.5% | +13.4% | +10.9% | 16.2% | -21.7% | 1.08% | ₹460 Cr |
| 9 | [UTI Banking and Financial Services Fund - Direct Plan - Growth Option](https://www.rudowealth.com/mutual-funds/uti-banking-and-financial-services-fund-direct-plan-growth-option) | -0.3% | +12.0% | +10.7% | 15.9% | -21.9% | 1.38% | ₹1,452 Cr |
| 10 | [Aditya Birla Sun Life Banking and Financial Services Fund - Direct Plan - Growth](https://www.rudowealth.com/mutual-funds/aditya-birla-sun-life-banking-and-financial-services-fund-direct-plan-growth) | -0.9% | +8.7% | +9.7% | 16.5% | -22.2% | 1.15% | ₹3,668 Cr |
| 11 | [LIC MF Banking and Financial Services Fund-Direct Plan-Growth](https://www.rudowealth.com/mutual-funds/lic-mf-banking-and-financial-services-fund-direct-plan-growth) | -4.0% | +6.2% | +9.0% | 16.5% | -21.4% | 1.64% | ₹275 Cr |
| 12 | [ICICI Prudential Banking and Financial Services Fund - Direct Plan -  Growth](https://www.rudowealth.com/mutual-funds/icici-prudential-banking-and-financial-services-fund-direct-plan-growth) | -5.2% | +9.3% | +8.9% | 14.5% | -20.3% | 1.23% | ₹11,331 Cr |
| 13 | [Taurus Banking & Financial Services Fund - Direct Plan - Growth](https://www.rudowealth.com/mutual-funds/taurus-banking-financial-services-fund-direct-plan-growth) | -5.9% | +7.4% | +8.5% | 14.8% | -22.1% | 1.84% | ₹11 Cr |
| 14 | [Quant BFSI Fund - Growth Option - Direct Plan](https://www.rudowealth.com/mutual-funds/quant-bfsi-fund-growth-option-direct-plan) | +10.8% | +20.1% | N/A | 18.6% | N/A | 1.89% | ₹922 Cr |
| 15 | [Bandhan Financial Services Fund - Direct Plan - Growth](https://www.rudowealth.com/mutual-funds/bandhan-financial-services-fund-direct-plan-growth) | -1.6% | +13.8% | N/A | 16.5% | N/A | 0.96% | ₹1,122 Cr |
| 16 | [Kotak Banking & Financial Services Fund - Direct Plan - Growth](https://www.rudowealth.com/mutual-funds/kotak-banking-financial-services-fund-direct-plan-growth) | +0.7% | +11.5% | N/A | 16.5% | N/A | 0.82% | ₹1,561 Cr |
| 17 | [ITI Banking and Financial Services Fund - Direct Plan - Growth Option](https://www.rudowealth.com/mutual-funds/iti-banking-and-financial-services-fund-direct-plan-growth-option) | +1.7% | +10.5% | N/A | 16.2% | N/A | 1.12% | ₹388 Cr |
| 18 | [Groww Banking & Financial Services Fund - Direct Plan - Growth](https://www.rudowealth.com/mutual-funds/groww-banking-financial-services-fund-direct-plan-growth) | +10.1% | N/A | N/A | N/A | N/A | 1.09% | ₹91 Cr |
| 19 | [DSP Banking & Financial Services Fund - Direct - Growth](https://www.rudowealth.com/mutual-funds/dsp-banking-financial-services-fund-direct-growth) | +6.2% | N/A | N/A | 16.3% | N/A | 0.78% | ₹2,184 Cr |
| 20 | [HSBC Financial Services Fund - Direct Growth](https://www.rudowealth.com/mutual-funds/hsbc-financial-services-fund-direct-growth) | +5.2% | N/A | N/A | N/A | N/A | 0.96% | ₹963 Cr |
| 21 | [Mahindra Manulife Banking & Financial Services Fund - Direct - Growth](https://www.rudowealth.com/mutual-funds/mahindra-manulife-banking-financial-services-fund-direct-growth) | +2.9% | N/A | N/A | N/A | N/A | 1.20% | ₹477 Cr |
| 22 | [WhiteOak Capital Banking & Financial Services Fund - Direct Growth](https://www.rudowealth.com/mutual-funds/whiteoak-capital-banking-financial-services-fund-direct-growth) | +0.6% | N/A | N/A | N/A | N/A | 1.06% | ₹665 Cr |
| 23 | [Helios Financial Services Fund - Direct Plan - Growth Option](https://www.rudowealth.com/mutual-funds/helios-financial-services-fund-direct-plan-growth-option) | -3.2% | N/A | N/A | N/A | N/A | 1.14% | ₹211 Cr |
| 24 | [Bajaj Finserv Banking and Financial Services Fund - Direct - Growth](https://www.rudowealth.com/mutual-funds/bajaj-finserv-banking-and-financial-services-fund-direct-growth) | N/A | N/A | N/A | N/A | N/A | 1.14% | ₹499 Cr |
| 25 | [Bank of India Banking & Financial Services Fund - Direct Plan - Growth](https://www.rudowealth.com/mutual-funds/bank-of-india-banking-and-financial-services-fund-direct-plan-growth) | N/A | N/A | N/A | N/A | N/A | 1.65% | ₹273 Cr |
| 26 | [Canara Robeco Banking and Financials Services Fund - Direct Plan - Growth](https://www.rudowealth.com/mutual-funds/canara-robeco-banking-and-financials-services-fund-direct-plan-growth) | N/A | N/A | N/A | N/A | N/A | 1.12% | ₹657 Cr |
| 27 | [Edelweiss Financial Services Fund - Direct Plan - Growth Option](https://www.rudowealth.com/mutual-funds/edelweiss-financial-services-fund-direct-plan-growth-option) | N/A | N/A | N/A | N/A | N/A | 0.98% | ₹289 Cr |
| 28 | [Motilal Oswal Financial Services Fund- Direct Growth](https://www.rudowealth.com/mutual-funds/motilal-oswal-financial-services-fund-direct-growth) | 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. Volatility is the annualised standard deviation of monthly returns. Worst fall is the largest drop from a peak in the last 5 years. We do not label any fund as the best.

Investing from the UAE: NRIs 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. 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.

---
RuDo Wealth is a fee-only cross-border advisory operating through two separate companies. India: RuDo Wealth Investment Advisory, SEBI Registered Investment Adviser, registration INA000019503. UAE: RuDo Digital Wealth, FSRA Financial Services Permission 220155, Category 3C (Retail), ADGM. The entity permitted to serve you depends on your country of residence.

General information, not a recommendation to buy or sell any fund. Past performance does not indicate future returns.