Suitability:
This is a fund that invests mainly in shares of banks and financial services companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in multi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other banking sector fund, if you need to redeem your investment in less than seven years.
Taxability of earnings:
Capital gains
Dividends
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| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -33.08 | 0.61 | -0.06 | -2.54 | 9.60 | -31.04 | -- | -- | -- | -- | -- |
| S&P BSE Bankex TRI | -32.90 | 0.71 | -0.10 | -2.18 | 8.95 | -31.30 | -- | -- | -- | -- | -- |
| Equity: Sectoral-Banking | -31.29 | 0.58 | 0.06 | -1.96 | 11.63 | -30.07 | -- | -- | -- | -- | -- |
| Rank within category | 13 | 18 | 15 | 18 | 21 | 11 | -- | -- | -- | -- | -- |
| Number of funds in category | 23 | 23 | 23 | 23 | 23 | 23 | 19 | 17 | 15 | 10 | 8 |
As on 06-Aug-2020
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
|---|---|---|---|---|---|---|---|
| Motilal Oswal Nifty Bank Index Fund - Regular Plan | Invest Online | Sep-19 | -- | -- | -- | 1.03 | 47 | |
| SBI Banking & Financial Services Fund - Regular Plan | Invest Online |  |
Feb-15 | -11.48 | 1.13 | 9.12 | 2.21 | 1,350 |
| Tata Banking and Financial Services Fund - Regular Plan | Invest Online |  |
Dec-15 | -10.41 | -1.41 | -- | 1.68 | 434 |
| Nippon India ETF Bank BeES | Invest Online | May-04 | -23.91 | -4.77 | 2.53 | 0.18 | 4,876 | |
| Kotak Banking ETF Fund Regular | Invest Online | Dec-14 | -23.89 | -4.81 | 2.62 | 0.18 | 3,995 |
| Best (Period) | Worst (Period) | |
|---|---|---|
| Week | 17.22 (26-May-2020 - 02-Jun-2020) | -25.35 (16-Mar-2020 - 23-Mar-2020) |
| Month | 28.14 (22-May-2020 - 23-Jun-2020) | -44.20 (20-Feb-2020 - 23-Mar-2020) |
| Quarter | 27.34 (24-Mar-2020 - 23-Jun-2020) | -46.78 (23-Dec-2019 - 23-Mar-2020) |
| Year | -- ( - ) | -- ( - ) |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
| Fund | -- | -- | -- | -- | -- | -- |
| S&P BSE Bankex TRI* | 0.04 | 28.74 | -0.18 | -0.18 | -- | -- |
| Equity: Sectoral-Banking* | -3.57 | 29.92 | -0.27 | -0.33 | 0.99 | -3.68 |
| Rank within category | -- | -- | -- | -- | -- | -- |
| Number of funds in category | -- | -- | -- | -- | -- | -- |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on
* As on 31-Jul-2020
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| Number of Stocks | 13 |
| Top 10 Stocks (%) | 96.80 |
| Top 5 Stocks (%) | 86.57 |
| Top 3 Sectors (%) | 98.22 |
| Portfolio P/B Ratio | 1.63 |
| Portfolio P/E Ratio | 29.76 |
| Fund | Category | |
|---|---|---|
| Average Mkt Cap (Rs Cr) | 2,02,811 | 1,59,142 |
| Giant (%) | 88.14 | 74.90 |
| Large (%) | 2.04 | 7.41 |
| Mid (%) | 9.82 | 16.09 |
| Small (%) | -- | 3.96 |
| Tiny (%) | -- | -- |
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| Company | Sector | P/E | 3Y High | 3Y Low | % Assets | |
|---|---|---|---|---|---|---|
|
HDFC Bank | Financial | 20.14 | 32.03 | 27.21 | 27.21 |
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ICICI Bank | Financial | 22.79 | 20.14 | 18.33 | 18.33 |
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Kotak Mahindra Bank | Financial | 31.19 | 16.04 | 12.53 | 16.04 |
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Axis Bank | Financial | 72.28 | 14.35 | 12.12 | 14.32 |
|
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State Bank of India | Financial | 7.88 | 12.27 | 9.12 | 10.68 |
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Indusind Bank | Financial | 9.99 | 7.76 | 3.44 | 4.47 |
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Bandhan Bank | Financial | 17.87 | 2.00 | 0.00 | 2.00 |
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Federal Bank | Financial | 6.74 | 1.63 | 1.33 | 1.59 |
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RBL Bank | Financial | 25.01 | 1.39 | 0.92 | 1.25 |
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Bank of Baroda | Financial | 24.13 | 1.07 | 0.76 | 0.91 |
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Punjab National Bank | Financial | 70.40 | 0.71 | 0.42 | 0.71 |
|
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IDFC First Bank | Financial | -- | 0.79 | 0.66 | 0.71 |
|
Yes Bank | Financial | -- | 1.29 | 0.00 | 0.00 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Jun-2020
— Swapnil P Mayekar since 19-Aug-2019
Education: Mr. Mayekar is an M.Com from Mumbai University and also holds an Advanced Diploma in Business Administration from Welingkar, Mumbai.
Experience: Prior to joining Motilal Oswal AMC he worked with Business Standard Limited from Aug 2005 to Feb 2010.
Funds Managed:
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The Scheme seeks investment return that corresponds to the performance of Nifty Bank Index subject to tracking error.
| Minimum Investment (₹) | 500 |
| Minimum Addl Investment (₹) | 500 |
| Minimum SIP Investment (₹) | 500 |
| Minimum No of Cheques | 12 |
| Minimum Withdrawal (₹) | 500 |
| Minimum Balance (₹) | -- |
| Exit Load | 1% for redemption within 90 days |
| Fund House: | Motilal Oswal Mutual Fund |
| Launch Date: | 06-Sep-2019 |
| Return Since Launch: | -21.51% |
| Benchmark: | NIFTY Bank TRI |
| Riskometer: | High |
| Type: | Open-ended |
| Assets: | ₹ 47 Cr (As on 30-Jun-2020) |
| Expense: | 1.03% (As on 30-Jun-2020) |
| Risk Grade: | -- |
| Return Grade: | -- |
| Turnover: | 50.00% |
Fund News - 30-Aug-2019
AMC: Motilal Oswal Asset Management Company Ltd.
Address: Motilal Oswal Towers - 10th Floor, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai - 400025
Phone: 022-39804238 / 1800-200-6626
Email: [email protected]
Website: http://www.motilaloswalmf.com
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Phone: 040-44857874
Email: [email protected]
Website: www.karvymfs.com
Saturday, 08-Aug-2020
04:00 PM - 04:30 PM