Fund Snapshot

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IDBI BANKING & FINANCIAL SERVICES FUND

An open ended equity scheme investing in Banking & Financial Services Sector

Fund Manager

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Ms. Uma Venkatraman

Total Experience: Over 16 Years (Managing this Scheme since inception)

Other Funds Managed by Ms. Uma Venkatraman - Click Here

Fund Information

IDCW stands for Income Distribution cum Capital Withdrawal

Fund Category

SECTORAL/ THEMATIC

Inception

04 Jun 2018

Benchmark

NIFTY Financial Services - Total Return Index (TRI)

Entry Load

Not Applicable

Exit Load

1% for exit within 12 months from the date of allotment

Face Value

Rs. 10/- per unit

Returns

As of last business day of the month- February 2021

12.00%

Investment Essentials

Minimum Application Amount

Minimum Lumpsum Amount:
Rs. 5,000/- and in multiples of Re. 1
Minimum Additional Lumpsum Amount:
Rs. 1,000/- and in multiples of Re. 1
Systematic Investment Plan (SIP) Options
Monthly Option:
Rs. 500/- for minimum 12 months
Or
Rs. 1000 for minimum 6 months

Quarterly Option:
Rs. 1500/- for minimum4 quarters.

PRODUCT LABEL

Riskometer
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This product is suitable for investors who are seeking*

  • Long term capital growth
  • Investment predominantly in Equity & Equity related instruments of companies engaged in Banking & Financial Sevices Sectors
*Investor should consult their financial advisors if in doubt about whether the product is suitable for them.