The primary objective of the Scheme is to provide long-term capital appreciation by investing predominantly in equity and equity related instruments of banks & companies engaged in Financial Services Sector.
Benchmark:
NIFTY Financial Services
Fund Manager:
Trupti Agrawal, Piyush Baranwal, Ramesh Mantri, Shariq Merchant
Taurus Banking and Financial Services Fund | 9.77(6M) | 23.18(1Y) |
SBI Banking & Financial Services Fund | 14.88(6M) | 30.49(1Y) |
Financial and the allied services are seemingly a place where value exists. And coupled with rapid gdp growth, this could get bigger.
Fund House AAUM:
Rs 631079.04 Lakhs(as on 31st December 2023)
Fund Manager:
Combined experience of above 20 years
If you are a risk taker then sure. This sector, although the index remains flattish, could provide decent management alpha.