Category: Equity: Sectoral-Banking and Financial Services |
Launch Date: 22-05-2012 |
Asset Class: Equity |
Benchmark: S&P BSE BANKEX TRI |
Expense Ratio: 2.43% As on (31-12-2022) |
Status: Open Ended Schemes |
Minimum Investment: 5000.0 |
Minimum Topup: 1000.0 |
Total Assets: 9.62 Cr As on (31-12-2022) |
Turn over: 91% | Exit Load: 0.5% for redemption within 7 days |
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
The scheme seeks to generate capital appreciation through a portfolio that invests predominantly in equity and equity related instruments of Banking, Financial and Non Banking Financial Companies that form part of the BFSI Sector.
Standard Deviation | 29.27 |
Sharpe Ratio | 0.36 |
Alpha | -0.17 |
Beta | 0.88 |
Yield to Maturity | - |
Average Maturity | - |
Minimum investment in equity & equity related instruments of a particular sector/ particular theme - 80% of total assets.
Small Cap
7.74%
Others
0.54%
Large Cap
77.39%
Mid Cap
14.33%
There are no scheme documents available
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