The Scheme seeks to provide returns that, before expenses, correspond to the total return of the underlying index (Nifty PSU Bank TRI), subject to tracking errors.
Benchmark:
NIFTY PSU BANK
Fund Manager:
Anil Ghelani, Diipesh Shah
Kotak Nifty PSU Bank ETF | 9.43(6M) | 64.10(1Y) |
Not Available | Not Available | Not Available |
Where the Private banks wont work, perhaps the public ones will. A little convoluted a logic but the manufacturer has found value in the argument.
Fund House AAUM:
Rs. 11772590.28 Lakhs (as on 30th June 2023)
Fund Manager:
Combined experience of above 23 years
I will treat cautiously even if there is a lot of potential big gainers. But that is me.