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Sahara Banking and Financial Services Direct Fund Growth
Equity
Sectoral
High Risk
NAV: 27 Mar '20
₹46.51
Min. SIP amount
Not Supported
Fund size
₹4.25 Cr
Expense ratio
0.00%
Holdings (10)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 26.83% |
| ICICI Bank Ltd. | Financial | Equity | 22.10% |
| State Bank of India | Financial | Equity | 12.50% |
| Axis Bank Ltd. | Financial | Equity | 10.80% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 6.33% |
| Indusind Bank Ltd. | Financial | Equity | 4.89% |
| Bajaj Finance Ltd. | Financial | Equity | 4.03% |
| RBL Bank Ltd. | Financial | Equity | 3.47% |
| Bajaj Finserv Ltd. | Financial | Equity | 2.45% |
| Federal Bank Ltd. | Financial | Equity | 1.53% |
Minimum investments
Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported
Returns and rankings
Annualised returns
Absolute returns
| Name | 3M | 6M | 1Y | All |
|---|---|---|---|---|
| Fund returns | -- | -- | -- | -- |
| Category average (Equity Sectoral) | -- | -- | +16.5% | -- |
| Rank (Equity Sectoral) | -- | -- | -- | -- |
Exit load, stamp duty and tax
Exit load
Exit load of 1% if redeemed within 12 months. (Exit load of 1% if redeemed within 12 months by way of SIP)
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Check past data
About Sahara Banking and Financial Services Direct Fund Growth
Sahara Banking and Financial Services Direct Fund Growth is a Equity Mutual Fund Scheme launched by Sahara Mutual Fund. This scheme was made available to investors on 18 Jul 1996. The fund currently has an Asset Under Management(AUM) of ₹13 Cr and the Latest NAV as of 27 Mar 2020 is ₹46.51.
The Sahara Banking and Financial Services Direct Fund Growth is rated High risk. Minimum SIP Investment is set to ₹1,000. Exit load of 1% if redeemed within 12 months. (Exit load of 1% if redeemed within 12 months by way of SIP)
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Investment Objective
The scheme seeks to provide long term capital appreciation through investment in equities and equities related securities of companies engaged in Banking & Financial Service.
Fund benchmarkNIFTY Bank Total Return Index
Fund house
Rank (total assets)#39 in India
Total AUM₹12.55 Cr
Date of Incorporation18 Jul 1996
Launch Date18 Jul 1996
Address97-98, 9th Floor, ATLANTA, Nariman Point Mumbai 400021
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,