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A passively managed ETF scheme investmenting in stocks forming part of NIFTY Bank Index.
A passively managed scheme investmenting in stocks that endeavour to generate returns in line with the underlying index subject to expenses and tracking error. Nifty Bank Index tracks the performance of 12 most liquid and and large banks listed on NSE.
Not Applicable
N/A
Not Applicable
Securities covered by Nifty Bank Index: 95-100% (Medium to High) Debt / Cash / Money Market instruments including Triparty Repo on Government Securities or treasury bill and units of Liquid Mutual Fund: 0-5% (Low)
- Passive fund for Long Term Wealth Creation - Simple to understand product for new investors - Sector specific portfolio of 12 companies with sector concentration to Banking sector.
Nifty Bank Bank
An open-ended scheme replicating/tracking the Nifty Bank Index.
- Passive fund for Long Term Wealth Creation - Simple to understand product for new investors - Sector specific portfolio of 12 companies with sector concentration to Banking sector.
This product is suitable for investors who are seeking*: Long term capital appreciation Investment in securities covered by Bank Index RISKOMETER *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
• Investors looking for taking market exposure in Banking Sector at cheaper cost • Ideal for investment with a time horizon of preferably, 5 years or above
An open ended scheme replicating / tracking Nifty Bank Index listed on stock exchanges