An open ended equity scheme investing in the Banking and Financial Services sectors
An open ended equity scheme investing in the Banking and Financial Services sectors
 
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The investment objective of the scheme is
to generate long-term capital appreciation
from a portfolio that is invested
predominantly in equity and equity related
securities of companies engaged in banking
and financial services sector.
However, there can be no assurance that
the investment objective of the scheme
would be achieved.
The investment objective of the scheme is
to generate long-term capital appreciation
from a portfolio that is invested
predominantly in equity and equity related
securities of companies engaged in banking
and financial services sector.
However, there can be no assurance that
the investment objective of the scheme
would be achieved.
| Issuer/Instrument | Industry/ Rating |
% to Net Assets |
|---|---|---|
| Equity & Equity related |
||
| Banks | 61.32 | |
| HDFC Bank Ltd. | 18.32 | |
| ICICI Bank Ltd. | 18.00 | |
| Axis Bank Ltd. | 8.49 | |
| State Bank Of India | 5.25 | |
| Kotak Mahindra Bank Ltd. | 4.91 | |
| Federal Bank Ltd. | 2.12 | |
| Bank Of Baroda | 2.03 | |
| IndusInd Bank Ltd. | 1.45 | |
| Bandhan Bank Ltd. | 0.42 | |
| AU Small Finance Bank Ltd. | 0.33 | |
| Finance | 22.47 | |
| HDFC Ltd. | 11.58 | |
| Bajaj Finance Ltd. | 3.42 | |
| Cholamandalam Investment and Finance Company Ltd. | 3.29 | |
| Mahindra & Mahindra Financial Services Ltd. | 1.43 | |
| Sundaram Finance Ltd. | 1.37 | |
| Power Finance Corporation Ltd. | 0.90 | |
| Shriram Finance Ltd. | 0.48 | |
| Equity & Equity related - Total | 83.79 | |
| Triparty Repo | 16.28 | |
| Net Current Assets/(Liabilities) | -0.07 | |
| Grand Total | 100.00 | |
| | ||
| Reg-Plan-IDCW | Rs10.104 |
| Dir-Plan-IDCW | Rs10.119 |
| Growth option | Rs10.104 |
| Direct Growth option | Rs10.119 |
A) Direct Plan B) Regular Plan
Options: Growth and Income Distribution cum capital withdrawal (IDCW) (Payout and Reinvestment)
| Fund Manager* |
Ms.Shibani Kurian,
Mr. Abhishek Bisen &
Mr. Arjun Khanna (Dedicated Fund manager for investments in foreign securities) |
| Benchmark | Nifty Financial Services TRI |
| Allotment date | February 27, 2023 |
| AAUM | Rs458.68 crs |
| AUM | Rs474.11 crs |
| Folio count | 25,353 |
Trustee's Discretion
Initial Investment: Rs5000 and in multiples of
Rs1 for purchases and of Rs0.01 for switches
Additional Investment: Rs1000 & in multiples of Rs1 for purchases and of
Rs0.01 for switches
Ideal Investments Horizon: 5 years & above
Entry Load: Nil. (applicable for all plans)
Exit Load:
a) For redemption / switch out of upto 10%
of the initial investment amount (limit)
purchased or switched in within 1 year from
the date of allotment: Nil.
b) If units redeemed or switched out are in
excess of the limit within 1 year from the
date of allotment: 1%.
Regular:2.40%; Direct: 0.83%
Benchmark
This product is suitable for investors who are seeking*:
- Long term capital growth
- Investment in portfolio of predominantly equity & equity related securities of companies engaged in Banking & Financial Services
* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
The above risk-o—meter is based on the scheme portfolio as on 31st March, 2023.
Scheme has not completed 6 months since inception
* For Fund Manager experience, please refer 'Our Fund Managers'