Category: Equity: Sectoral-Banking and Financial Services |
Launch Date: 01-08-2005 |
Asset Class: Equity |
Benchmark: Nifty Financial Services TRI |
Expense Ratio: 2.45% As on (28-02-2021) |
Status: Open Ended Schemes |
Minimum Investment: 5000.0 |
Minimum Topup: 1000.0 |
Total Assets: 677.12 Cr As on (31-03-2021) |
Turn over: 37% | Exit Load: 1% for redemption within 364 days |
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
An open-ended equity fund with the objective to provide capital appreciation through investments in the stocks of the companies/institutions engaged in the banking and financial services activities.
Volatility | 18.33 |
Sharp Ratio | 0.89 |
Alpha | 1.99 |
Beta | 0.49 |
Yield to Maturity | - |
Average Maturity | - |
Minimum investment in equity & equity related instruments of a particular sector/ particular theme - 80% of total assets.
Small Cap
3.81%
Others
1.26%
Large Cap
84.94%
Mid Cap
9.99%
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