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The Scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity related instruments of companies engaged in financial services.
NIFTY Financial Services
Sumit Agarwal, Manish Gunwani, Harshal Joshi, Nishita Shah
|Mirae Asset Banking and Financial Services Fund||13.56(6M)||29.30(1Y)|
|Nippon India Banking & Financial Services Fund||11.96(6M)||29.41(1Y)|
An economy lifeline - the financial services - is getting renewed attention from the MF manufacturers. And it is a very large segment of the listed space.
Fund House AAUM:
Rs. 11832921.9 Lakhs (as on 30th June 2023)
Combined experience of above 16 years
As financialisation happens to people's assets, this segment can only grow, perhaps faster than others. High ooomph if patience is there.