Sahara Banking and Financial Services Fund Dividend is a Equity Mutual Fund Scheme launched by Sahara Mutual Fund. This scheme was introduced to investors on 16 Sep 2008. Anshum Nandecha is the Current Fund Manager of Sahara Banking and Financial Services Fund Dividend.The fund currently has an Asset Under Management(AUM) of ₹4 Cr and the Latest NAV as of 17 Oct 2019 is ₹25.02.
The Sahara Banking and Financial Services Fund Dividend is rated High risk. Minimum SIP Investment is 1000. Exit load of 1% if redeemed within 12 months. (Exit load of 1% if redeemed within 12 months by way of SIP).
Investment Objective
The investment objective would be to provide long term capital appreciation through investment in equities and equities related securities of companies engaged in Banking & Financial Service, either whole or in part. There can be no assurance that the investment objective of the Scheme will be realized. The scheme does not assure any guaranteed returns.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Scheme Information Document(SID)
Not Supported
Min for First Investment
Not Supported
Min for Second Investment
Exit load of 1% if redeemed within 12 months. (Exit load of 1% if redeemed within 12 months by way of SIP)
Exit Load