The Scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity related instruments of companies engaged in financial services.
Benchmark:
NIFTY Financial Services
Fund Manager:
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)
Fund Manager:
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.