| CATEGORY OF SCHEME | Sectoral/ Thematic Fund |
| INVESTMENT OBJECTIVE | 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. However, there can be no assurance that the investment objective of the scheme would be achieved. |
| Inception Date (Date of Allotment): | 06-Dec-21 |
| Benchmark: | Nifty Financial Services Total Return Index |
| Minimum Application Amount: | Rs. 5,000/- and in multiples of Re. 1/- thereafter |
| Load Structure: | Entry Load: Nil Exit Load:1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units · Nil, if redeemed or switched out after completion of 12 months from the date of allotment of units. |
| Total Expense Ratio (TER): | Including Additional Expenses and Goods and Service Tax on Management Fees Regular Plan: 2.63% Direct Plan: 0.38% |
| Fund Manager | Mr. Rohan Korde (Since 29-Apr-22) |
| AUM (in Rs. Cr): | 213.59 |
| AAUM (in Rs. Cr): | 204.67 |
| % of top 5 holdings: | 62.01% |
| % of top 10 holdings: | 81.90% |
| No of scrips: | 22 |
| Average P/B | 3.34 |
| Average P/E | 23.89 |
| Portfolio Beta | 0.92 |
(P/E ratio taken on net equity level) |
|
Regular Plan
(in Rs.) |
Direct Plan
(in Rs.) |
|
| Growth: | 10.8066 |
10.9275 |
| IDCW: | 10.8066 |
10.9275 |
Name of the Instrument |
% to
NAV |
% to NAV
Derivatives |
|
Equity & Equity Related Total |
98.02 |
||
Financial Services |
98.02 |
||
HDFC Bank Limited |
18.26 |
||
ICICI Bank Limited |
18.13 |
||
Housing Development Finance Corporation Limited |
9.83 |
||
Axis Bank Limited |
8.70 |
||
Kotak Mahindra Bank Limited |
7.08 |
||
State Bank of India |
6.88 |
||
Bajaj Finance Limited |
3.64 |
||
SBI Life Insurance Company Limited |
3.63 |
||
City Union Bank Limited |
2.90 |
||
Karur Vysya Bank Limited |
2.84 |
||
ICICI Lombard General Insurance Company Limited |
2.63 |
||
Muthoot Finance Limited |
2.19 |
||
DCB Bank Limited |
2.09 |
||
Cholamandalam Investment and Finance Company Ltd |
1.90 |
||
HDFC Life Insurance Company Limited |
1.63 |
||
UTI Asset Management Company Limited |
1.33 |
||
Motilal Oswal Financial Services Limited |
1.29 |
||
Bank of Baroda |
1.27 |
||
The Federal Bank Limited |
0.62 |
||
Aavas Financiers Limited |
0.57 |
||
Shriram Transport Finance Company Limited |
0.46 |
||
Sundaram Finance Limited |
0.13 |
||
Short Term Debt & Net Current Assets |
1.98 |
Top Ten Holdings
| Period | Fund Returns (%) |
Benchmark Returns (%) |
Additional Benchmark Returns (%) |
Regular - Growth |
|||
| Last 6 Months | 24.76% |
24.32% |
12.63% |
| Since Inception | 8.03% |
6.95% |
8.76% |
Direct - Growth |
|||
| Last 6 Months | 27.37% |
24.32% |
12.63% |
| Since Inception | 10.51% |
6.95% |
8.76% |
Past performance may or may not be sustained in future. Different Plans i.e. Regular Plan and Direct Plan under the scheme have different expense structure. Benchmark: Nifty Financial Services TRI # Additional Benchmark: Nifty 50 TRI. Fund Managers: Mr. Pratibh Agarwal (Since 06-Dec-21) and Mr. Rohan Korde (Since 29-Apr-22). Face Value per unit: Rs. 10.
THIS PRODUCT IS SUITABLE FOR INVESTORS WHO ARE SEEKING^
- Capital appreciation over long term
- Investments in equity and equity related securities of companies engaged in banking and financial services
^Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Face Value per Unit: Rs. 10 unless other wise specified; Data is as of October 31, 2022 unless other wise specified.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully