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Investment Objective
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The primary investment objective of the scheme is to generate consistent returns by investing in equity and equity
related instruments of banking and financial services. However, there is no assurance that the investment objective
of the Scheme will be achieved.
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Category of Scheme
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Thematic
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Type of Scheme
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An open ended equity scheme predominantly investing in large cap stocks
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Inception Date
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20-Jun-23
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Lock in Period
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Nil
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Minimum Application Amount
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For new investor, INR 5000/- and any amount thereafter
For existing investors, INR 1000/- and any amount thereafter
For Systematic Investment Plan (SIP), the minimum amount is INR 1000/- and in multiples of INR 1/- thereafter.
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Benchmark Index
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Nifty Financial Services TRI
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Load Structure
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Entry Load - Nil
Exit Load -15 Days / 1% Effective from August,11,2023
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set Allocation Pattern
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Under normal circumstances, the asset allocation pattern will be as follows
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Indicative allocations (% of total assets)
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Risk Profile
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Instrument
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Minimum
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Maximum
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High/Medium/Low
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Equity and Equity related instruments of companies engaged in Banking and Financial Services Sector
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80
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100
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Very High
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Equity and Equity related instruments of companies other than those engaged in Banking and Financial Services Sector
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0
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20
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Very High
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Debt & Money Market instruments*
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0
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20
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Low to Medium
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Units issued by REITs & InvITs
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0
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5
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Very High
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Foreign securities including ADRs / GDRs / Foreign equity and debt securities and Overseas ETFs 0 20 Very High Debt & Money Market instrument
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0
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20
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Very High
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The Scheme does not intend to invest in securities with Structured Obligations or Credit Enhancements. The Scheme does not intend to invest
in debt instruments with special features in line with SEBI Circular no. SEBI/HO/IMD/DF4/CIR/P/2021/032 dated March 10, 2021.
* In line with SEBI Circular dated November 29, 2022, the scheme shall not invest more than:
a. 10% of its NAV in debt and money market securities rated AAA;
b. 8% of its NAV in debt and money market securities rated AA;
c. 6% of its NAV in debt and money market securities rated A and below: issued by a single issuer.
The above investment limits may be extended by up to 2% of the NAV of the scheme with prior approval of the Board of Trustees and Board of Directors of the AMC, subject to compliance with the overall 12% limit specified in clause 1 of Seventh Schedule of SEBI MF Regulation.
The investment pattern stated above is indicative and may be changed due to market conditions. The proportion of the scheme invested in
each type of security will vary in accordance with microeconomic & macroeconomic conditions, interest rates, and other relevant
considerations. These instances may be beyond the control of the fund manager & the AMC and hence may require such deviations. Such
changes in the investment pattern will be transitionary in nature and will be undertaken as defensive considerations only in accordance with
SEBI circular dated March 04, 2021. Defensive considerations may be determined by the fund manager and in case of deviations on account
of exogenous factors, the fund manager will endeavor to rebalance the Scheme within 30 calendar days from the date of such deviation. The
intention being at all times to seek to protect the interests of the Unit holders. The risks associated with each investment are an important factor
as well. The net assets of this scheme shall predominantly be invested as per the investment pattern stated above.
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Fund Manager
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Mr. Sandeep Tandon, Mr. Ankit Pande, Mr. Sanjeev Sharma, Mr. Vasav Sahgal
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Plans Available
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Regular Plan and Direct Plan.
(The Regular and Direct plan will have a common portfolio)
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Options Available
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1. Growth Option and 2. IDCW
The IDCW option has the following facilities: (i) IDCW Reinvestment Facility. (ii) IDCW Pay-out Facility. Default Investment option is Growth Option. For the IDCW option, the default facility will be IDCW Reinvestment.
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Applicable NAV
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The NAV applicable for purchase or redemption or switching of Units based on the time of the Business Day on which the application is time stamped
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Risk Factors
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For detailed scheme/securities related risk factors, please refer to the Scheme Information Document
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Investment Strategy
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The scheme will invest in BFSI companies that are expected to benefit from financial inclusion and evolving digital technologies. These include Banks, NBFCs, Insurance, Fintech Platforms, AMCs, Wealth Management, Exchanges, Rating Agencies etc
Being an inflection points strategist, our money managers will construct a focused or diversified portfolio based on the macro environment
Will actively hedge our portfolio, if it is Risk-Off environment for BFSI sector
VLRT, our risk mitigating investment framework, and Predictive Analytics tools will be used to dynamically manage the known risks and opportunities across the portfolio
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For Further Details :- https://quantmutual.com/downloads/factsheet
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