An open-ended scheme replicating/ tracking Nifty Private Bank TRI | Data as on 31 July 2026
| Investment Objective The Investment objective of the Scheme is to provide returns that, before expenses, corresponds to the total return 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 |
20th September, 2024 | ||||||||||||
| Fund Manager |
Mr. Sharwan Kumar Goyal, B.Com, CFA, MMS Managing the scheme since September 2024 Total Exp: 19 Yrs Mr Ayush Jain, Assistant Fund Manager, B.com, CA Managing the scheme since September 2024 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 |
Fund Size Monthly Average : 221.68 Crore Closing AUM : 220.32 Crore No. of Folios : 16,246 |
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| High/Low NAV in the month |
High Growth Option : 10.4781 Low Growth Option : 10.0246 |
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Month-end Total Expense Ratio (%)* |
Regular : 1.05 Direct : 0.59 *For detailed YTD Total Expense Ratio refer to Click Here |
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Minimum Investment Amount |
Minimum initial investment amount is 1,000/- and in multiples of 1/- | ||||||||||||
Plans/Options
(Regular / Direct) |
Growth Option | ||||||||||||
Market Capitalisation (%) |
|
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Load Structure |
Entry Load *: Nil (Not Applicable as per SEBI guidelines) Exit Load : Nil *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 | ||||||||||||
NAV per unit as on 31st July, 2026 |
Regular Growth Option : 10.1127 Direct Growth Option : 10.2086 |
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| Tracking error as on 31st July, 2026 | |||||||||||||
Benchmark Index |
Nifty Private Bank TRI | ||||||||||||
| Financial Services | 100% |
% of top 10 stocks |
99.61 |
Median Market Cap ( Cr) |
7,75,613 |
Weighted Average Market Cap |
6,20,540 |
Number of Securities |
10 |
All figures given are provisional and unaudited. |
Fund |
Benchmark |
|
Portfolio Turnover Ratio (Annual) |
0.20 |
|
Equity
|
% of NAV
|
| ICICI Bank Ltd | 22.10 |
| HDFC Bank Ltd. | 19.95 |
| Kotak Mahindra Bank Ltd. | 19.57 |
| Axis Bank Ltd. | 18.21 |
| The Federal Bank Ltd. | 6.02 |
| IndusInd Bank Ltd. | 4.54 |
| IDFC First Bank Ltd. | 3.83 |
| Yes Bank Ltd. | 2.72 |
| RBL Bank Ltd. | 1.58 |
| Bandhan Bank Ltd. | 1.08 |
| Net Current Assets | 0.39 |
| TOTAL | 100.00 |
| Fund Performance Vs Benchmark (CAGR) as on 31st July, 2026 Growth of 10000
|
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| Period | NAV Growth (%) |
Nifty Private Bank TRI (%) |
Nifty 50
TRI (%) |
NAV Growth() |
Nifty Private Bank TRI () |
Nifty 50 TRI () |
| 1 Y | 1.15 | 2.21 | -0.43 | 10,115 | 10,221 | 9,957 |
| SI* | 0.60 | 1.42 | -1.82 | 10,112 | 10,266 | 9,664 |
Past performance may or may not be sustained in future. Different plans have a different expense structure. The performance details provided herein are of regular plan growth option. 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). 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.
| Period | |||||||
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Investment Amount ()
|
Fund Value
() |
Nifty 500 TRI ()
|
Nifty 50 TRI ()
|
Yield (%) Fund
|
Yield (%)
Nifty 500 TRI |
Yield (%)
Nifty 50 TRI |
|
| 1 Y | 1,20,000 | 1,21,054 | 1,21,727 | 1,19,609 | 1.64 | 2.69 | -0.61 |
| SI | 2,30,000 | 2,37,020 | 2,39,500 | 2,32,436 | 3.06 | 4.14 | 1.07 |
Note: Systematic Investment Plan (SIP) returns are worked out assuming investment of 10,000/- every month at NAV per unit of the scheme as on the first working day for the respective time periods. The loads have not been taken into account. Past performance may or may not be sustained in future.
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.