This Product is suitable for investors
who are seeking :-
1. Return that corresponds to the performance of Nifty Bank Index subject to tracking error.
2. Equity and equity related securities covered by Nifty Bank Index.
3. Long term capital growth.
The investment strategy would revolve around reducing the tracking error to the least possible through regular rebalancing of the portfolio, taking into account the change in weights of stocks in the indices as well as the incremental collections /redemptions from the Scheme.