Reliance Banking Fund

4 Value Research
Change from previous, NAV as on Jul 22, 2014
Category: Equity: Banking
Assets: R 1,656 crore (As on Jun 30, 2014)
Expense: 2.34% (As on Mar 31, 2014)
Investment Objective

The scheme aims to generate continuous returns by actively investing in equity, equity related or fixed income securities of banks. The proportion of investment between equity and debt will be decided based on the view of the fund manager on anticipated movement in both debt as well as equity markets.

Fund Managers
+ Sanjay Parekh since Apr 2012
+ Shrey Loonker since Sep 2010
  • Education: Mr. Loonkar is a Commerce Graduate, CA and cleared Level III of CFA, USA.
  • Experience: Prior to this, had worked as Research Analyst - Equity Investments with Reliance AMC and with Ernst & Young Pvt. Ltd. for two years.
  • Funds Managed:
  • Reliance Banking Fund - since Sep 2010