1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
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 flexi-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 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Nippon India ETF Nifty PSU Bank BeES | 13.89 | -0.41 | 1.58 | 13.80 | 8.93 | -3.64 | 17.79 | 2.97 | -4.79 | -3.44 | 0.11 |
S&P BSE Bankex TRI | 8.37 | 0.47 | 0.97 | 12.02 | 7.90 | -1.36 | 7.36 | 12.04 | 9.51 | 10.93 | 14.68 |
Equity: Sectoral-Banking | 5.67 | 0.36 | 0.95 | 12.06 | 7.87 | -2.11 | 4.55 | 10.28 | 6.12 | 8.23 | 10.80 |
Rank within category | 1 | 33 | 2 | 2 | 3 | 29 | 1 | 18 | 16 | 14 | 9 |
Number of funds in category | 31 | 34 | 33 | 33 | 33 | 32 | 30 | 19 | 17 | 15 | 10 |
As on 05-Aug-2022
Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
---|---|---|---|---|---|---|---|
Nippon India ETF Nifty PSU Bank BeES | Invest Online | Oct-07 | 17.79 | 2.97 | -4.79 | 0.49 | 421 | |
SBI Banking & Financial Services Fund - Regular Plan | Invest Online | Feb-15 | 0.54 | 12.94 | 10.66 | 1.94 | 3,129 | |
Sundaram Financial Services Opportunities Fund - Regular Plan | Jun-08 | 2.91 | 13.59 | 8.84 | 2.71 | 498 | |
Invesco India Financial Services Fund | Invest Online | Jul-08 | -1.75 | 11.99 | 8.07 | 2.55 | 444 | |
Nippon India ETF Nifty Bank BeES | Invest Online | May-04 | 6.25 | 10.74 | 8.73 | 0.19 | 8,705 |
Best Performance | Worst Performance | |||
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Return (%) | Period | Return (%) | Period | |
Week | 35.53 | 13-May-2009 - 20-May-2009 | -25.19 | 20-Oct-2008 - 27-Oct-2008 |
Month | 43.54 | 28-Apr-2009 - 28-May-2009 | -41.04 | 20-Feb-2020 - 23-Mar-2020 |
Quarter | 101.30 | 09-Mar-2009 - 10-Jun-2009 | -51.16 | 03-Jan-2020 - 03-Apr-2020 |
Year | 149.11 | 09-Mar-2009 - 09-Mar-2010 | -67.97 | 27-May-2019 - 26-May-2020 |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Nippon India ETF Nifty PSU Bank BeES | 10.74 | 45.75 | 0.16 | 0.28 | 1.11 | -6.01 |
S&P BSE Bankex TRI | 15.39 | 33.19 | 0.36 | 0.44 | -- | -- |
Equity: Sectoral-Banking | 14.09 | 33.17 | 0.33 | 0.40 | 0.96 | -0.82 |
Rank within category | 18 | 18 | 18 | 18 | 18 | 18 |
Number of funds in category | 19 | 19 | 19 | 19 | 19 | 19 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Jul-2022
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Number of Stocks | 12 |
Top 10 Stocks (%) | 97.14 |
Top 5 Stocks (%) | 80.68 |
Top 3 Sectors (%) | 98.48 |
Portfolio P/B Ratio | 0.80 |
Portfolio P/E Ratio | 9.30 |
Fund | Category | |
---|---|---|
Average Mkt Cap (Rs Cr) | 66,143 | 2,40,880 |
Giant (%) | 29.70 | 73.68 |
Large (%) | 19.48 | 10.84 |
Mid (%) | 50.82 | 13.15 |
Small (%) | -- | 4.52 |
Tiny (%) | -- | -- |
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Company | Sector | P/E | 3Y High | 3Y Low | % Assets | |
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State Bank of India | Financial | 13.08 | 34.50 | 26.08 | 29.25 |
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Bank of Baroda | Financial | 7.12 | 22.52 | 15.07 | 19.18 |
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Punjab National Bank | Financial | 12.40 | 16.27 | 10.67 | 13.08 |
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Canara Bank | Financial | 5.74 | 15.95 | 9.88 | 12.87 |
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Union Bank of India | Financial | 4.67 | 7.50 | 4.19 | 6.30 |
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Indian Bank | Financial | 5.19 | 6.59 | 2.43 | 5.91 |
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Bank of India | Financial | 5.86 | 6.87 | 4.42 | 5.47 |
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Indian Overseas Bank | Financial | 19.06 | 3.26 | 0.00 | 1.97 |
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Central Bank of India | Financial | 14.46 | 3.32 | 1.34 | 1.62 |
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Bank of Maharashtra | Financial | 8.46 | 2.59 | 0.00 | 1.49 |
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UCO Bank | Financial | 14.86 | 2.87 | 0.00 | 1.04 |
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Punjab & Sind Bank | Financial | 9.64 | 0.80 | 0.00 | 0.30 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Jun-2022
— Mehul Dama since 06-Nov-2018
Education: Mr. Dama has done C.A. & B.Com
Experience: Prior to joining Nippon India Mutual Fund, he has worked with Goldman Sachs Asset Management(India) Private Ltd. as Vice President, Benchmark Asset Management Company Private Ltd. as Assistant Vice President and Lovelock & Lewes as Assistant Manager.
Funds Managed:
The scheme aims to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the Nifty PSU Bank Index. It will invest at least 90% of its total assets in the stocks of its corresponding underlying index.
Min. Investment (₹) | 10,000 |
Min. Addl Investment (₹) | -- |
Min. SIP Investment (₹) | -- |
Min. No of Cheques | -- |
Min. Withdrawal (₹) | 100 |
Min. Balance (₹) | -- |
Lock-in Period | Not Applicable |
Exit Load | 0 |
Fund House: | Nippon India Mutual Fund |
Launch Date: | 25-Oct-2007 |
Return Since Launch: | 1.30% |
Benchmark: | NIFTY PSU Bank TRI |
Riskometer: | Very High |
Type: | Open-ended |
Assets: | ₹ 421 Cr (As on 30-Jun-2022) |
Expense Ratio: | 0.49% (As on 30-Jun-2022) |
Risk Grade: | -- |
Return Grade: | -- |
Turnover: | 146.00% |
Plan | Record Date | Dividend (₹ / Unit) | |
---|---|---|---|
Growth | 10-Nov-2009 | 0.2151 |
Registrar & Transfer Agent: KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Phone: 040-44857874
Email: [email protected]
Website: www.karvymfs.com