(An open-ended scheme replicating/tracking the Nifty Bank Index) | Data as on 31 July 2026
| 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 |
01st September, 2020 | ||||||||||||
| Fund Manager |
Mr. Sharwan Kumar Goyal, B.Com, CFA, MMS Managing the scheme since September 2020 Total Exp: 19 Yrs Mr Ayush Jain, Assistant Fund Manager, B.com, CA Managing the scheme since May 2022 Total Exp: 7 Yrs Mr. Lokesh Kulthia (Asst. Fund Manager) - B.Com (Hons), MBA (Finance), PGPFM, EPAT, Managing the scheme Since June, 2026 Total Exp: 7 Yrs |
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| Fund AUM/Folio as on 31st July, 2026 |
Average AUM for the quarter : ₹ 3,358.34 Crore ended 30th June 2026 Fund Size Monthly Average : ₹ 3,151.64 Crore Closing AUM : ₹ 3,128.20 Crore No. of Folios : 24,575 |
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High/Low NAV in the month |
High Growth Option : ₹ 60.5315 Low Growth Option : ₹ 58.5410 |
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Month-end Total Expense Ratio (%)* |
Regular: 0.20 *For detailed YTD Total Expense Ratio refer to Click Here |
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Market Capitalisation (%) |
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NAV per unit as on 31st July, 2026 |
₹ 59.2351 | ||||||||||||
| Tracking error as on 31st July, 2026 | ![]() |
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| Load Structure | Entry Load : Not Applicable as per SEBI guidelines Exit Load : Not Applicable *In terms of provision no. 11.7.1 of para 11.7 under Chapter 11 of SEBI Master Circular for Mutual Funds no entry load will be charged by the Scheme to the investor
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| Plans and Options offered | The Scheme does not offer any Plans/Options for investment. |
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Benchmark Index |
Nifty Bank Index | ||||||||||||
| Financial Services | 100% |
Fund |
Benchmark |
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| Beta | 1.00 |
1 |
| Standard Deviation (Annual) | 15.98% |
16.00% |
| Sharpe Ratio | 0.20 |
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| Portiolio Turnover Ratio (Annual) | 0.27 |
% of top 10 stocks |
86.73 |
Median Market Cap (₹ Cr) |
5,36,572 |
Weighted Average Market Cap |
5,65,199 |
Number of Securities |
14 |
All figures given are provisional and unaudited. |
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Equity
|
% of NAV
|
| HDFC Bank Ltd | 18.14 |
| ICICI Bank Ltd | 14.81 |
| State Bank Of India | 10.05 |
| Kotak Mahindra Bank Ltd | 9.29 |
| Axis Bank Ltd | 8.78 |
| The Federal Bank Ltd | 7.26 |
| Indus Ind Bank Ltd | 5.48 |
| AU Small Finance Bank Ltd | 4.70 |
| IDFC First Bank Ltd | 4.65 |
| Bank Of Baroda | 3.57 |
| Punjab National Bank | 3.36 |
| Yes Bank Ltd | 3.36 |
| Canara Bank | 3.31 |
| Union Bank Of India | 2.90 |
| Net Current Assets | 0.34 |
| TOTAL | 100.00 |
| Fund Performance Vs Benchmark (CAGR) as on 31st July, 2026 Growth of ₹ 10000
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| Period | NAV Growth (%) |
Nifty Bank TRI (%) |
Nifty 50 TRI (%) |
NAV Growth (₹) |
Nifty Bank TRI(₹) |
Nifty 50 TRI (₹) |
| 1 Y | 2.83 | 3.06 | -0.43 | 10,283 | 10,306 | 9,957 |
| 3 Y | 8.55 | 8.71 | 8.56 | 12,793 | 12,850 | 12,797 |
| 5 Y | 11.31 | 11.46 | 10.40 | 17,092 | 17,208 | 16,404 |
| SI* | 16.69 | 16.81 | 14.95 | 24,918 | 25,070 | 22,799 |
Past performance may or may not be sustained in future. Different plans have a different expense structure. The scheme does not offer any plan / options. Date of allotment in the scheme/plan has been considered for inception date. Returns less than 1 year are Simple Annualized Growth Rate. Returns greater than 1 year period are Compound Annual Growth Rate (CAGR). The Schemes is Managed by the Fund Manager Mr. Sharwan Kumar Goyal, Mr Ayush Jain (Asst. Fund Manager) & Mr. Lokesh Kulthia (Asst. Fund Manager). The performance of the benchmark is calculated using total return index variant of the benchmark index. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement. In case, the start/end date of the concerned period is a non-business day, the NAV of the previous date is considered for computation of returns. Load is not taken into consideration for computation of performance.
This product is suitable for investors who are seeking*:
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.