To provide returns before expenses that corresponds to the total returns of the Nifty Bank TRI subject to tracking errors. However
there is no assurance that the investment objective of the Scheme will be achieved.
 |
DATE OF ALLOTMENT | 24th May 2024 |
 |
MONTHLY AVERAGE | 121.53Cr. |
| AS ON 31st July, 2024 | 123.11Cr. | |
 |
BENCHMARK | Nifty Bank TRI |
 |
TRACKING ERROR | 0.19%
(As compared to Nifty Bank TRI) |
 |
FUND MANAGER | |
| Mr. Karthik Kumar | Work experience: 15 years.He has been managing this fund since 24th May 2024 | |
| Mr. Ashish Naik | Work experience: 16 years.He has been managing this fund since 24th May 2024 | |
Entry Load : NA
Exit Load : 0.25% if redeemed/ switched out within 7 days from the date of allotment/ Investment
Note: Since the Scheme has not completed Six Months, performance details for the Scheme are not provided.
Since the fund has not completed 1-year, tracking error is taken from the launch date of the scheme. The tracking error may look optically elevated on account
of deployment during the first few days of the scheme. This effect is transitionary in nature and normalizes as the fund completes 1 year since fund launch.
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TER,
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