The primary investment objective of the scheme is to generate consistent returns by investing in equity and equity related instruments of banking and financial services.
Benchmark:
NIFTY Financial Services
Fund Manager:
Sandeep Tandon, Ankit Pande, Sanjeev Sharma, Vasav Sahgal
| ITI Banking and Financial Services Fund | 0.88(6M) | 18.42(1Y) |
| Aditya Birla Sun Life Infrastructure Fund | 10.74(6M) | 32.79(1Y) |
The financial sector has been a stellar returns generator over a long while now and the fund house thinks it is the right time to get in again.
Fund House AAUM:
Rs. 1876061.59 Lakhs (as on 31st March 2023)
Fund Manager:
Combined experience of above 20 years
With the sector doing very well, business wise and a lot of action taking place on the M&A in the sector, this has potential. High ooomph.