|Fund Type||Open Ended|
|Benchmark||NIFTY Financial Services|
|Asset Size(Cr)||113.92 (As on Oct 31, 2018)|
|Fund Manager||Amit Ganatra (7.6), Dhimant Kothari (0.1)|
|Min SIP Investment||500|
|Min Addl Investment||1000|
|Exit Load||1 % For 365 Days|
- Returns for less than one year are Absolute, and those for more than one year are Annualised (CAGR).
|Fund Name||Ratings||1 Yr Rtn.||3 Yr Rtn.||5 Yr Rtn.|
|SBI Banking & Financial Services Fund (G)||4.36%||19.23%||%|
|ICICI Prudential Banking and Financial Services Fund (G)||-5.87%||17.79%||22.94%|
|Aditya Birla Sun Life Banking & Financial Services Fund (G)||-7.22%||17.18%||%|
|Reliance Banking Fund (G)||-3.61%||14.53%||20.75%|
|UTI Banking and Financial Services Fund (G)||-8.71%||13.16%||17.97%|
|No. of Investment||Amount Invested||Investment Value As on date||Units Purchased||CAGR|
| No. of Investment
|| Amount Invested
|| Investment Value As on date
|| Units Purchased || CAGR
The graph depicts the wealth generated or the historical returns offered by the SIP investments made in the selected time horizon.
|Total Amount Invested||Investment Value As on Date||Total Units Purchased||Abs. Return|
| Total Amount Invested
|| Investment Value As on Date
|| Total Units Purchased || Abs. Return
The graph depicts the wealth generated or the historical returns offered by the lump sum investments made in the selected time horizon.
|Sector||Value(In Cr)||Allocation (%)|
|Holdings||Instrument||Industry||Rating||Market Value||% to NAV|
Investments play a crucial role in one’s life and help in attaining the financial goals. Everyone wants to invest in the best strategy and fetch the maximum possible returns. And, this is the reason why mutual funds are mostly preferred above all, as it provides the expected returns with minimised risks.
Invesco Mutual Fund (now Invesco MF) is among the most prominent asset management companies(AMCs), which is trying to cater the needs of various investors and has been successful in the same. The Invesco Banking Fund renamed as ‘Invesco India Banking Fund’ is a scheme of the same AMC, which is formulated to offer long-term capital appreciation. It invests in the equities and stocks of companies engaged in the banking-related and financial services.
We at MySIPonline are committed to delivering various investment solutions to cater the needs of investors. You can avail our services to invest in this strategy as well through SIP(Systematic Investment Plan) or by making a lump sum payment. The Banking Fund has been performing predominantly in the MF industry since its inception, and thus is a must-have for your portfolio. Below-mentioned is the overview of this programme which would help you to know why this scheme must be considered while planning to invest in MF:
In order to fulfil the long-term investment goals of varied investors, the Banking Fund is the best choice to make. By investing in the specific sector related to banks and finance, it makes sure the value generation and hence capital appreciation. Being a growth-oriented scheme, it is well-suited to the ones who do not need regular income, but desire for a flourishing future. You can add the same to your portfolio to achieve the financial goals of your life.
Hence, if you are looking for mentorship regarding mutual fund investments, then you can get in touch with us and use various solutions including SIP calculator to make a worthwhile decision and create a fortune for yourself.
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