myplexus

NFO Monitor

Fund Fact

Name of Funds:

Tata Nifty Financial Services Index

Opening:

8th April 2024

Closing:

22nd April 2024

Minimum Investment:

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

Plan:

Regular and Direct

Options:

Growth and IDCW

Entry Load:

Not Applicable

Exit Load:

0.25 % NAV if redeemed on or before 15 days from the date of allotment.

Fund Stats

Objective:

The investment objective of the scheme is to provide returns, before expenses, that commensurate with the performance of Nifty Financial Services Index (TRI), subject to tracking error.

Benchmark:

NIFTY Financial Services

Fund Manager:

Kapil Menon

Asset Allocation

95-100% Securities covered by Nifty Financial Services Index upto 5% Money Market

upto 5% Debt Nil Others

Comparable existing schemes

SBI Banking & Financial Services Fund	15.83(6M)	29.78(1Y)
ICICI Prudential Banking and Financial Services Fund	8.28(6M)	20.91(1Y)

Fund Prognosis

Idea Distiller

The sector is a very wide one and something or the other clicks in it all the time. A prudent addition to their line up of schemes.

Fund House AAUM:
Rs 14727150.03 Lakhs(as on 31st March, 2024)
Fund Manager:
Experience of above 18 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

Even though it is a broad spectrum index, it follows an overall trend of averaging itself. A decent segment for the medium term. And cheap.

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