| Investment Objective The investment objective of the scheme is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. However there is no guarantee or assurance that the investment objective of the scheme will be achieved. |
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| Date of inception/allotment |
04th September, 2020 | ||||||||
| Fund Manager |
Mr. Sharwan Kumar Goyal, CFA, MMS Managing the scheme since September 2020 |
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| Fund AUM |
Average AUM for the quarter : 21.52 Crore ended 31 October 2021 Fund Size Monthly Average : 24.52 Crore Closing AUM : 28.21 Crore |
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High/Low NAV in the month |
High Growth Option : 41.3127 Low Growth Option : 37.2964 |
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Total expense ratio (%) |
0.16% | ||||||||
| No. of Unit Holding Accounts | 3,684 | ||||||||
| Market Capitalisation (%) |
|
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NAV per unit as on 31st October, 2021 |
39.1855 | ||||||||
| Load Structure | Entry Load : Not Applicable as per SEBI guidelines Exit Load : Not Applicable |
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| Plans and Options offered | The Scheme does not offer any Plans/Options for investment. |
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Benchmark Index |
S&P BSE Sensex | ||||||||
|
Equity
|
% of NAV
|
HDFC Bank Ltd. |
26.61 |
ICICI Bank Ltd |
22.91 |
State Bank Of India |
13.82 |
Kotak Mahindra Bank Ltd. |
12.28 |
Axis Bank Ltd. |
11.44 |
IndusInd Bank Ltd. |
5.20 |
AU Small Finance Bank Ltd |
2.01 |
Bandhan Bank Ltd. |
1.49 |
Federal Bank Ltd. |
1.47 |
IDFC First Bank Ltd |
1.16 |
Punjab National Bank |
0.94 |
RBL Bank Ltd. |
0.68 |
Net Current Assets |
-0.01 |
TOTAL |
100.00 |
% of top 10 stocks |
98.38 |
Median Market Cap ( Cr) |
5,50,247 |
Weighted Average Market Cap |
5,08,695 |
All figures given are provisional and unaudited. |
This product is suitable for investors who are seeking*
- Long term capital appreciation
- Investment in securities covered by Nifty Bank Index
*Investors should consult their Mutual Fund Distributor if in doubt about whether the product is suitable for them.
