Welcome To myplexus.com

Fund Facts
  • Name of Fund:
    Tata Nifty Financial Services Index
  • Opening:
    8th April 2024
  • Closing:
    22nd April 2024
  • Scheme Type:
    Open Ended Equity Sectoral/ Thematic - BFS
  • 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 Road:
    0.25 % NAV if redeemed on or before 15 days from the date of allotment.
  • Thereafter:
    Nil

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
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

  • UNIQNESS
  • RETURN
  • RISK
  • OPERABILITY

OOMP 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.