myplexus

NFO Monitor

Fund Fact

Name of Funds:

quant BFSI

Opening:

1st June 2023

Closing:

14th June 2023

Minimum Investment:

Rs. 5,000/- and in multiples of Re. 1/- thereafter

Plan:

Regular and Direct

Options:

Growth and IDCW

Entry Load:

Nil

Exit Load:

Nil

Fund Stats

Objective:

The primary investment objective of the scheme is to generate consistent returns by investing in equity and equity related instruments of banking and financial services.

Benchmark:

NIFTY Financial Services

Fund Manager:

Sandeep Tandon, Ankit Pande, Sanjeev Sharma, Vasav Sahgal

Asset Allocation

80-100% Equity upto 20% Money Market

upto 20% Debt upto 20% Others

Comparable existing schemes

ITI Banking and Financial Services Fund	0.88(6M)	18.42(1Y)
Aditya Birla Sun Life Infrastructure Fund	10.74(6M)	32.79(1Y)

Fund Prognosis

Idea Distiller

The financial sector has been a stellar returns generator over a long while now and the fund house thinks it is the right time to get in again.

Fund House AAUM:
Rs. 1876061.59 Lakhs (as on 31st March 2023)
Fund Manager:
Combined experience of above 20 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

With the sector doing very well, business wise and a lot of action taking place on the M&A in the sector, this has potential. High ooomph.

We provide a range of tools and financial know-how that can help you make the most of your short-term and long-term investment goals.

Important Links

Fund

Snapshot

Company

Registered with AMFI AMFI Registration No: 2654 Initial Registration Date: 19th March 2003 Validity: 14th May 2025 to 23rd May 2028