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The Scheme seeks to provide returns that, before expenses, correspond to the total return of the underlying index (Nifty PSU Bank TRI), subject to tracking errors.
NIFTY PSU BANK
Anil Ghelani, Diipesh Shah
|Kotak Nifty PSU Bank ETF||9.43(6M)||64.10(1Y)|
|Not Available||Not Available||Not Available|
Where the Private banks wont work, perhaps the public ones will. A little convoluted a logic but the manufacturer has found value in the argument.
Fund House AAUM:
Rs. 11772590.28 Lakhs (as on 30th June 2023)
Combined experience of above 23 years
I will treat cautiously even if there is a lot of potential big gainers. But that is me.