Inception Date
01 Jan 2013
NAV
31.4100 as on 12 Apr 2021
Fund Type
Equity Schemes
Risk Level
Very High Risk
Who should invest?
- Investors believe on India's long term growth potential.
- Investors who agree on the importance of the Banking & Financial Services Sector.
- Investors comfortable with the higher risk profile offered of Equity Investments.
- Investors who wish to complement their core portfolio holdings.
Fund Performance
Return(%)
NAV Details (Growth Option) |
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1 Year |
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3 Year |
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5 Year |
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Since Inception |
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Fund’s Portfolio Analysis
As on:
Banks 74.31%
City Union Bank Ltd. | 1.11% |
Karur Vysya Bank Ltd. | 0.35% |
ICICI Bank Ltd. | 22.74% |
HDFC Bank Ltd. | 18.22% |
Kotak Mahindra Bank Ltd. | 15.52% |
State Bank of India | 8.34% |
Axis Bank Ltd. | 6.24% |
IndusInd Bank Ltd. | 1.79% |
Finance 20.15%
Bajaj Finserv Ltd. | 3.78% |
HDFC Life Insurance Company Ltd. | 3.71% |
Housing Development Finance Corporation Ltd. | 3.67% |
Bajaj Finance Ltd. | 3.53% |
ICICI Prudential Life Insurance Company Ltd. | 2.60% |
Muthoot Finance Ltd. | 1.00% |
Reliance Nippon Life Asset Management Ltd. | 0.77% |
Cholamandalam Investment & Finance Co. Ltd. | 0.75% |
SBI Life Insurance Company Ltd. | 0.34% |
Fund Manager

Mr. Prasanna Pathak
Head of Equity & Fund Manager
Profile
He has worked with Hindustan Unilever as research analyst for 2 years, UTI Mutual Fund as Asst. Fund Manager & research analyst for 4.5 years, Taurus Mutual Fund as Fund Manager-Equity for 1.5 years & IndiaFirst Life as Fund Manager-Equity for 5.5 years
Fund Manager

Mr. Prasanna Pathak
Profile
He has worked with Hindustan Unilever as research analyst for 2 years, UTI Mutual Fund as Asst. Fund Manager & research analyst for 4.5 years, Taurus Mutual Fund as Fund Manager-Equity for 1.5 years & IndiaFirst Life as Fund Manager-Equity for 5.5 years
Riskometer

Investors understand that their principal will be at very high risk
* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Source: ICRA
Fund Details
Nature
Primary Investment in equity & equity related securities of companies in the Banking & Financial services sector.
Entry load
Nil
Exit Load
0.5% if exited on or before 7 days. Nil, if exited after 7 days (w.e.f 1 January 2020)
Minimum Application Amount
Rs.5000 and multiple of Re 1 thereof
Investment Objective
The primary objective of the Scheme is 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 a part of the BFSI Sector.
Date of Allotment
May 22, 2012
Benchmark
S&P BSE Bankex TRI. Benchmark Index renamed w.e.f. 01/02/2018
Asset Allocation
Equity & Equity related instruments of companies belonging to Banking & Financial Services Sector: 80 - 100%
Debt & Money Market Instruments: 0 - 20%
Monthly AUM
Monthly Average AUM: Rs 7.27 Cr. Month End AUM: Rs 7.51 Cr.
Liquidity
Sale & repurchase on all business days.
Net Asset Value (NAV)
Face Value Rs10/-. Regular Plan: Rs 24.60 (D), 27.50(G) per unit. Direct Plan: Rs 29.06 (D), 29.43 (G) per unit. NAV Calculation: All Business days.
Quantitative Data
Regular Plan:
Sharpe Ratio: 0.56
Standard Deviation: 16.74
Beta: 0.89
(Based on monthly returns over the past 3 years Mibor has been assumed as the risk-free rate of return)
Portfolio Turnover: 0.63
Nature
Primary Investment in equity & equity related securities of companies in the Banking & Financial services sector.
Entry load
Nil
Exit Load
0.5% if exited on or before 7 days. Nil, if exited after 7 days (w.e.f 1 January 2020)
Minimum Application Amount
Rs.5000 and multiple of Re 1 thereof
Investment Objective
The primary objective of the Scheme is 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 a part of the BFSI Sector.
Date of Allotment
May 22, 2012
Benchmark
S&P BSE Bankex TRI. Benchmark Index renamed w.e.f. 01/02/2018
Asset Allocation
Equity & Equity related instruments of companies belonging to Banking & Financial Services Sector: 80 - 100%
Debt & Money Market Instruments: 0 - 20%
Monthly AUM
Monthly Average AUM: Rs 7.27 Cr. Month End AUM: Rs 7.51 Cr.
Liquidity
Sale & repurchase on all business days.
Net Asset Value (NAV)
Face Value Rs10/-. Regular Plan: Rs 24.60 (D), 27.50(G) per unit. Direct Plan: Rs 29.06 (D), 29.43 (G) per unit. NAV Calculation: All Business days.
Quantitative Data
Regular Plan:
Sharpe Ratio: 0.56
Standard Deviation: 16.74
Beta: 0.89
(Based on monthly returns over the past 3 years Mibor has been assumed as the risk-free rate of return)
Portfolio Turnover: 0.63
Inception Date
22 Jul 2012
NAV
29.0400 as on 12 Apr 2021
Fund Type
Equity Schemes
Risk Level
Very High Risk
Who should invest?
- Investors believe on India's long term growth potential.
- Investors who agree on the importance of the Banking & Financial Services Sector.
- Investors comfortable with the higher risk profile offered of Equity Investments.
- Investors who wish to complement their core portfolio holdings.
Fund Performance
Return(%)
NAV Details (Growth Option) |
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|
|
||||||
---|---|---|---|---|---|---|---|---|---|
1 Year |
|
|
|
||||||
3 Year |
|
|
|
||||||
5 Year |
|
|
|
||||||
Since Inception |
|
|
|
Fund’s Portfolio Analysis
As on:
Banks 74.31%
ICICI Bank Ltd. | 22.74% |
HDFC Bank Ltd. | 18.22% |
Kotak Mahindra Bank Ltd. | 15.52% |
State Bank of India | 8.34% |
Axis Bank Ltd. | 6.24% |
IndusInd Bank Ltd. | 1.79% |
City Union Bank Ltd. | 1.11% |
Karur Vysya Bank Ltd. | 0.35% |
Finance 20.18%
Bajaj Finserv Ltd. | 3.78% |
HDFC Life Insurance Company Ltd. | 3.71% |
Housing Development Finance Corporation Ltd. | 3.67% |
Bajaj Finance Ltd. | 3.53% |
ICICI Prudential Life Insurance Company Ltd. | 2.60% |
Muthoot Finance Ltd. | 1.00% |
Reliance Nippon Life Asset Management Ltd. | 0.77% |
Cholamandalam Investment & Finance Co. Ltd. | 0.75% |
SBI Life Insurance Company Ltd. | 0.37% |
Fund Manager

Mr. Prasanna Pathak
Head of Equity & Fund Manager
Profile
He has worked with Hindustan Unilever as research analyst for 2 years, UTI Mutual Fund as Asst. Fund Manager & research analyst for 4.5 years, Taurus Mutual Fund as Fund Manager-Equity for 1.5 years & IndiaFirst Life as Fund Manager-Equity for 5.5 years
Fund Manager

Mr. Prasanna Pathak
Profile
He has worked with Hindustan Unilever as research analyst for 2 years, UTI Mutual Fund as Asst. Fund Manager & research analyst for 4.5 years, Taurus Mutual Fund as Fund Manager-Equity for 1.5 years & IndiaFirst Life as Fund Manager-Equity for 5.5 years
Riskometer

Investors understand that their principal will be at very high risk
* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Source: ICRA
Fund Details
Nature
Primary Investment in equity & equity related securities of companies in the Banking & Financial services sector.
Entry load
Nil
Exit Load
0.5% if exited on or before 7 days. Nil, if exited after 7 days (w.e.f 1 January 2020)
Minimum Application Amount
Rs.5000 and multiple of Re 1 thereof
Investment Objective
The primary objective of the Scheme is 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 a part of the BFSI Sector.
Date of Allotment
May 22, 2012
Benchmark
S&P BSE Bankex TRI. Benchmark Index renamed w.e.f. 01/02/2018
Asset Allocation
Equity & Equity related instruments of companies belonging to Banking & Financial Services Sector: 80 - 100%
Debt & Money Market Instruments: 0 - 20%
Monthly AUM
Monthly Average AUM: Rs 7.27 Cr. Month End AUM: Rs 7.51 Cr.
Liquidity
Sale & repurchase on all business days.
Net Asset Value (NAV)
Face Value Rs10/-. Regular Plan: Rs 24.60 (D), 27.50(G) per unit. Direct Plan: Rs 29.06 (D), 29.43 (G) per unit. NAV Calculation: All Business days.
Quantitative Data
Regular Plan:
Sharpe Ratio: 0.56
Standard Deviation: 16.74
Beta: 0.89
(Based on monthly returns over the past 3 years Mibor has been assumed as the risk-free rate of return)
Portfolio Turnover: 0.63
Fund Download File
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Nature
Primary Investment in equity & equity related securities of companies in the Banking & Financial services sector.
Entry load
Nil
Exit Load
0.5% if exited on or before 7 days. Nil, if exited after 7 days (w.e.f 1 January 2020)
Minimum Application Amount
Rs.5000 and multiple of Re 1 thereof
Investment Objective
The primary objective of the Scheme is 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 a part of the BFSI Sector.
Date of Allotment
May 22, 2012
Benchmark
S&P BSE Bankex TRI. Benchmark Index renamed w.e.f. 01/02/2018
Asset Allocation
Equity & Equity related instruments of companies belonging to Banking & Financial Services Sector: 80 - 100%
Debt & Money Market Instruments: 0 - 20%
Monthly AUM
Monthly Average AUM: Rs 7.27 Cr. Month End AUM: Rs 7.51 Cr.
Liquidity
Sale & repurchase on all business days.
Net Asset Value (NAV)
Face Value Rs10/-. Regular Plan: Rs 24.60 (D), 27.50(G) per unit. Direct Plan: Rs 29.06 (D), 29.43 (G) per unit. NAV Calculation: All Business days.
Quantitative Data
Regular Plan:
Sharpe Ratio: 0.56
Standard Deviation: 16.74
Beta: 0.89
(Based on monthly returns over the past 3 years Mibor has been assumed as the risk-free rate of return)
Portfolio Turnover: 0.63