Two funds walk into a table. Only the numbers talk.
SBI Banking & Financial Services Fund vs Nippon India Taiwan Equity Fund
Pick two or three funds. We’ll tell you in plain words which grew faster, which was calmer, which costs less and what your money would have become. Figures are for the Direct plan, Growth option, where a fund has one.
- ASBI Banking & Financial Services Fund
SBI Mutual Fund- Sectoral / Thematic Fund
- Direct plan
- Very High Risk
NAV ₹52.06 on 13 Nov 2026
- BNippon India Taiwan Equity Fund
Nippon India Mutual Fund- Sectoral / Thematic Fund
- Direct plan
- Very High Risk
NAV ₹28.76 on 13 Nov 2026
The short version
Who comes out ahead on each measure, over the 3 years all of them have been around.
Grew faster
BNippon India Taiwan Equity Fund
Nippon India Taiwan Equity Fund returned 46.5% a year over 3 years, against 18% for SBI Banking & Financial Services Fund. ₹1 lakh invested 3 years ago would be about ₹3.15 Lakh today, against ₹1.64 Lakh.
Smoother ride
ASBI Banking & Financial Services Fund
SBI Banking & Financial Services Fund swung the least: about 15.9% a year either way, against 38.1% for Nippon India Taiwan Equity Fund. Lower means fewer scary days.
Costs less
BNippon India Taiwan Equity Fund
Nippon India Taiwan Equity Fund charges 1.06% a year, against 1.19% for SBI Banking & Financial Services Fund. On ₹1 lakh that's ₹1,060 a year against ₹1,190, taken quietly from the NAV.
What your money would have become
The same amount, put into each fund on the same day.
The dashed line is the ₹10,000 you put in. Above it is profit, below it is loss.
- ASBI Banking & Financial Services Fund₹16,382 from ₹10,000(18% a year)
- BNippon India Taiwan Equity Fund₹30,587 from ₹10,000(45.3% a year)
A one-time ₹10,000 put in 3 years ago, valued at the latest NAV. This is what happened, not what will.
Strengths and watch-outs
Each fund judged against its own category, and against a 5-year SBI FD at 6.05%.
ASBI Banking & Financial Services Fund
- Strength: Beat a 5-year SBI FD: 13.2% a year over 5 years, against 6.05%
- Watch out: Fell harder than its category in the worst crash
BNippon India Taiwan Equity Fund
- Strength: Ahead of its category: 46.5% a year over 3 years, against a category average of 15%
- Strength: In the top quarter of its category over 3 years (#1 of 139)
- Strength: Beat a 5-year SBI FD: 46.5% a year over 3 years, against 6.05%
- Watch out: Swings more than most funds in its category
All the numbers
The stronger figure in each row is marked Best. Under each return is the fund’s rank in its category and the category average.
| Measure | ASBI Banking & Financial Services Fund | BNippon India Taiwan Equity Fund |
|---|---|---|
| ReturnsHow much the fund grew. Beyond a year, this is per year (annualised). | ||
| 1 yearLast 12 months, the most noisy figure | 3.7%#125 of 226 · avg 6.1% | 60.6%Best#1 of 226 · avg 6.1% |
| 3 yearsPer year, over a full market mood swing | 18%#41 of 139 · avg 15% | 46.5%Best#1 of 139 · avg 15% |
| 5 yearsPer year, the fairest single test | 13.2%#43 of 100 · avg 12.5% | – |
| 10 yearsPer year, across bull and bear markets | 16.1%#28 of 68 · avg 15% | – |
| RiskHow bumpy the ride was. This is what decides whether you stay invested. | ||
| Ups and downsVolatility: how far it swings in a typical year. Lower is calmer | 15.9%Bestcategory avg 15.8% | 38.1%category avg 15.8% |
| Worst fallThe biggest drop from a peak in 10 years. Lower is better | −43.8%category avg −25.5% | −44.8%data from 14 Dec 2021 only |
| Best 12 monthsIts strongest year | 98.2% | 279.5%data from 14 Dec 2021 only |
| Worst 12 monthsIts weakest year | -34.2% | -33.6%data from 14 Dec 2021 only |
| Odds of a gainShare of all 1-year holding periods that ended in profit | 87% | 86%data from 14 Dec 2021 only |
| Cost and sizeThe fee comes out of your returns every year, whether the fund does well or not. | ||
| Expense ratioYearly fee. Lower keeps more for you | 1.19% | 1.06%Best |
| Fund sizeMoney managed (AUM). Neither better nor worse | ₹10,420 Cr | ₹1,147 Cr |
| Minimum SIPSmallest monthly amount | ₹500 | – |
| Lock-inTime before you can withdraw | None | None |
| What it holdsWhere the money sits. Equity is shares, debt is bonds, cash is waiting to be invested. | ||
| In sharesEquity | 91.7% | – |
| In bondsDebt | 0.1% | – |
| In cashNot yet invested | 8.3% | – |
| HoldingsNumber of investments | 39 | – |
“Best” is not a recommendation: a fund that returned more usually took more risk to do it.
Top 10 holdings
Marked Both where another fund here holds it too.
ASBI Banking & Financial Services Fund
- ICICI Bank Ltd13.4%
- Kotak Mahindra Bank Ltd11.1%
- HDFC Bank Ltd11%
- Axis Bank Ltd5.2%
- HDFC Life Insurance Company Ltd4.7%
- Bank of Baroda3%
- Billionbrains Garage Ventures Ltd3%
- The South Indian Bank Ltd3%
- BSE Ltd2.7%
- Muthoot Finance Ltd2.5%
As on 31 Oct 2026
BNippon India Taiwan Equity Fund
Holdings are not available for this fund yet.
Which one fits you?
There is no best fund, only a better fit for what you need the money to do.
ASBI Banking & Financial Services Fund
Might suit you if…
- a smoother ride matters more to you than the top return
BNippon India Taiwan Equity Fund
Might suit you if…
- you want the stronger long-run growth and can sit through sharper falls
- you care about keeping costs low, which adds up over decades