Category: Equity: Sectoral-Banking and Financial Services |
Launch Date: 14-07-2008 |
Asset Class: Equity |
Benchmark: Nifty Financial Services TRI |
Expense Ratio: 2.67% As on (30-04-2022) |
Status: Open Ended Schemes |
Minimum Investment: 1000.0 |
Minimum Topup: 1000.0 |
Total Assets: 415.15 Cr As on (30-04-2022) |
Turn over: 14% | Exit Load: For units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
The objective of the Scheme is to generate long-term capital growth from a portfolio of equity and equity-related securities of companies engaged in the business of banking and financial services.
Volatility | 17.71 |
Sharp Ratio | 1.09 |
Alpha | 6.72 |
Beta | 0.89 |
Yield to Maturity | - |
Average Maturity | - |
Minimum investment in equity & equity related instruments of a particular sector/ particular theme - 80% of total assets.
Small Cap
17.59%
Others
3.28%
Large Cap
74.0%
Mid Cap
5.13%
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