Sectoral Fund
Fund Type
Open Ended
Investment Plan
Growth
Expense Ratio
2%
Asset Size
1149.90 Cr.
(As of 31 Aug, 2023)
Benchmark
S&P BSE 100 TR INR
Riskometer
Investors understand that their principal will be at Very High Risk.
To provide long-term capital appreciation by primarily investing in equity and equity related securities of companies which directly or indirectly benefit from the growing consumer demand in India. However, there can be no assurance that the investment objective of the scheme will be realized.
Fund manager
Shridatta Bhandwaldar
Exit load
1 %
(If redeemed within 365 days)Minimum sip
₹0
Minimum investment
₹5000
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
ICICI Bank Ltd
6.10%
ITC Ltd
5.76%
Hindustan Unilever Ltd
5.14%
Maruti Suzuki India Ltd
4.72%
As the name suggests, Sectoral Funds invest in specific sectors of the economy. These funds are less diversified as they invest entirely in a particular sector; hence, their risk factor also depends on the respective sector’s performance, this carrying high risk. For example, a FMCG fund will only invest in FMCG companies while a tech fund will invest in only tech companies.The aim of these funds is to give investors a chance to benefit from the growth prospects of a particular fund.
This fund is rated 0 stars by Morning Star Ratings.