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Sahara Banking and Financial Services Fund Growth-0.01%

-39.48%
1 Year Return
Equity
Sectoral / Thematic
1.0star
6M
1Y
3Y
5Y

Fund Details

Sahara Banking and Financial Services Fund Growth

RiskHigh
Min SIP AmountNot Supported
Expense RatioNaN%
NAV₹43.56 (27 Mar 2020)
Fund Started16 Sep 2008
Fund Size4 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
-39.5%
-5.9%
-0.7%
3.7%
Category Average
56.1%
9.1%
12.0%
-
Rank Within Category
-
-
-
-
*All returns are annualized.
SIP
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with -39.5% returns per annum

Comparison

Data not available
Pros
1. Age is more than 10 years
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 2.7%
3. 1Y Returns are lower than the category average returns
4. 3Y Returns are lower than the category average returns
5. 5Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
HDFC Bank Ltd.FinancialEquity26.8%
ICICI Bank Ltd.FinancialEquity23.2%
State Bank of IndiaFinancialEquity12.2%
Axis Bank Ltd.FinancialEquity11.0%
Kotak Mahindra Bank Ltd.FinancialEquity6.6%
Indusind Bank Ltd.FinancialEquity4.7%
Bajaj Finance Ltd.FinancialEquity4.2%
RBL Bank Ltd.FinancialEquity3.2%
Bajaj Finserv Ltd.FinancialEquity2.5%
Federal Bank Ltd.FinancialEquity1.5%
See All

Fund Managers

Anshum Nandecha
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Sahara Banking and Financial Services Fund Growth Details

Sahara Banking and Financial Services Fund Growth is a Equity Mutual Fund Scheme launched by Sahara Mutual Fund. This scheme was made available to investors on 16 Sep 2008. Anshum Nandecha is the Current Fund Manager of Sahara Banking and Financial Services Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹4 Cr and the Latest NAV as of 27 Mar 2020 is ₹43.56.

The Sahara Banking and Financial Services Fund Growth is rated High risk. Minimum SIP Investment is set to 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 scheme seeks to provide long term capital appreciation through investment in equities and equities related securities of companies engaged in Banking & Financial Service.

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

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About Sahara Mutual Fund

Address
97-98, 9th Floor, ATLANTA, Nariman Point Mumbai 400021
Phone
022 22047196
Launch Date
18 Jul 1996
Website
NA
Sahara Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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