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Unrated

Nippon India ETF PSU Bank BeES download report


1 Lakh

Investment declined to
₹ 0.81 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.23 Lakh

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 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

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Nippon India ETF PSU Bank BeES -4.66 -2.73 0.55 -14.34 -14.56 -14.26 7.02 -6.85 -8.84 -5.54 -1.32
S&P BSE Bankex TRI -4.46 -2.48 -0.59 -8.05 -10.35 -10.89 1.25 5.72 8.70 9.55 14.54
Equity: Sectoral-Banking -7.42 -2.43 -0.30 -8.69 -11.17 -13.87 -1.78 3.51 4.91 6.86 10.08
Rank within category 2 32 1 32 31 18 1 17 16 14 7
Number of funds in category 31 33 33 33 32 30 28 18 17 15 8

As on 19-May-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Nippon India ETF PSU Bank BeES  | Invest Online
Unrated
Oct-07 7.02 -6.85 -8.84 0.49% 460
SBI Banking & Financial Services Fund - Regular Plan  | Invest Online
5 star
Feb-15 -4.48 6.27 10.13 2.09% 3,240
Tata Banking and Financial Services Fund - Regular Plan  | Invest Online
4 star
Dec-15 -6.03 5.99 7.88 2.40% 947
Sundaram Financial Services Opportunities Fund - Regular Plan
4 star
Jun-08 -3.24 7.92 7.24 2.62% 511
Invesco India Financial Services Fund  | Invest Online
4 star
Jul-08 -3.46 6.33 8.36 2.67% 415

Best & Worst Performance

Best Performance Worst Performance
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

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Nippon India ETF PSU Bank BeES 6.27 45.71 0.06 0.10 1.13 -8.22
S&P BSE Bankex TRI 13.24 32.71 0.30 0.36 -- --
Equity: Sectoral-Banking 11.67 32.63 0.26 0.30 0.96 -1.13
Rank within category 17 17 17 17 17 17
Number of funds in category 18 18 18 18 18 18

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Apr-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 12
Top 10 Stocks (%) 98.63
Top 5 Stocks (%) 81.88
Top 3 Sectors (%) 99.95
Portfolio P/B Ratio 0.89
Portfolio P/E Ratio 11.55

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 72,530 2,51,304
Giant (%) 28.27 72.46
Large (%) 19.23 12.95
Mid (%) 52.50 12.27
Small (%) -- 4.24
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down State Bank of India Financial 11.67 34.50 26.08 28.26
down Bank of Baroda Financial 6.55 22.52 15.07 19.22
down Canara Bank Financial 5.76 15.95 9.88 14.09
down Punjab National Bank Financial 8.54 16.27 10.67 13.82
down Union Bank of India Financial 4.68 7.50 4.19 6.49
down Indian Bank Financial 4.73 5.97 2.43 5.97
down Bank of India Financial 6.39 6.87 4.42 5.50
down Indian Overseas Bank Financial 19.07 3.26 0.00 2.02
down Central Bank of India Financial 14.36 3.32 1.34 1.67
down Bank of Maharashtra Financial 9.37 2.59 0.00 1.59
down UCO Bank Financial 14.76 2.87 0.00 1.04
down Punjab & Sind Bank Financial 10.14 0.80 0.00 0.28

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Apr-2022

Fund Manager

— 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:


-2.73%

Change from previous, NAV as on 19-May-2022

Growth: ₹ 26.2908


Investment Strategy

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.

Investment Details

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

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 25-Oct-2007
Return Since Launch: -0.29%
Benchmark: NIFTY PSU Bank TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 460 Cr (As on 30-Apr-2022)
Expense: 0.49% (As on 30-Apr-2022)
Risk Grade: --
Return Grade: --
Turnover: 210.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Growth10-Nov-20090.2151

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

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