The investment objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in financial services.
Benchmark:
NIFTY Financial Services
Fund Manager:
Alok Bahl, Pratik Singh
UTI Banking and Financial Services Fund | 8.00(6M) | 23.13(1Y) |
Mirae Asset Banking and Financial Services Fund | 7.97(6M | 23.96(1Y) |
The financial services is a very large segment and and even larger one from the active traded category. So perhaps is the growth potential and thereby the fund.
Fund House AAUM:
Rs 104278.78 Lakhs(as on 31st March, 2024)
Fund Manager:
Combined experience of above 32 years
Not really oomphy as a product but the promoter's name makes it very attractive to some of the early movers into MF.