To generate long-term capital appreciation for unit holders from a portfolio invested predominantly in equity and equity related securities of companies engaged in the Banking & Financial Services Sector.
Rs. 1500/- per installment, where an investor ops for a quarterly SIP.
SWP : Rs. 1000/- and in multiples of Re. 1/- thereafter per installment, where an investor opts for a monthly SIP
Allocation (% of net assets)
Equity & Equity related securities of companies engaged in Banking & Financial Services Sector *
Medium to High
Debt & Money Market Instruments
Low to Medium
No investment will be made in securitized debt, including foreign securitized debt. The Scheme may take derivatives position based on the opportunities available, subject to the guidelines issued by SEBI from time to time and in line with the overall investment objective of the Scheme. These may be taken to hedge the portfolio, rebalance the same or to undertake any other strategy as permitted under the SEBI Regulations. The Scheme shall, under normal circumstances, not have exposure of more than 50% of its net assets in derivative instruments.In addition to the instruments stated in the above table, the Scheme may invest in Collateralized Borrowing & Lending Obligations (CBLO) or repo or in an alternative investment as may be provided by RBI, to meet liquidity requirements. Pending deployment of the funds in securities as per the investment objectives of the Scheme, the Fund may park the funds of the Scheme in short term deposits of Scheduled Commercial Banks, subject to the guidelines issued by SEBI vide its circular dated April 16, 2007, as may be amended from time to time.The Scheme shall not invest in the equity linked debentures. The cumulative gross exposure through equity, debt and derivative positions shall not exceed 100% of the net assets of the Scheme