Category: Equity: Sectoral-Banking and Financial Services |
Launch Date: 01-12-2013 |
Asset Class: Equity |
Benchmark: Nifty Financial Services TRI |
Expense Ratio: 2.03% As on (30-04-2023) |
Status: Open Ended Schemes |
Minimum Investment: 1000.0 |
Minimum Topup: 1000.0 |
Total Assets: 2,524.46 Cr As on (30-04-2023) |
Turn over: 19% | Exit Load: 1% for redemption within 30 days |
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
The scheme aims to maximize long term capital appreciation by investing primarily in equity & equity related securities of companies engaged in banking & financial services. The scheme would invest in banks as well as NBFC's, insurance companies, rating agencies, broking companie, etc.
Standard Deviation | 24.99 |
Sharpe Ratio | 0.87 |
Alpha | 0.29 |
Beta | 0.96 |
Yield to Maturity | - |
Average Maturity | - |
Minimum investment in equity & equity related instruments of a particular sector/ particular theme - 80% of total assets.
Small Cap
9.08%
Others
5.99%
Large Cap
69.04%
Mid Cap
15.91%
Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#
Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **
# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund