CLOSED
NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%
MF—

R* Shares Banking ETF

IndexETFs - IndexBenchmark: NIFTY BANK
NAV · 04 Nov 2016₹2,078.28-0.63%
AUM₹574 Cr
Expense Ratio0.20%
CAGR—
Exit LoadNil
Min SIP—
Launched2008

Investment Objective

To provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the CNX Bank Index. However, the performance of Scheme may differ from that of the underlying index due to tracking error.

Fund Mandate

Debt0%–10%
MMI0%–10%
Others90%–100%
Asset Allocation
Domestic Equity100.0%
Fund Managers
OK
Omprakash Kuckian
Fund Manager
Key Information
0.20%
—
₹5,000
Nil
Nil
Inception19 Jun 2008
AMC—
Top Holdings
1HDFC Bank LimitedBanks30.81%
2ICICI Bank LimitedBanks19.65%
3Kotak Mahindra Bank LimitedBanks11.57%
4Axis Bank LimitedBanks9.93%
5State Bank of IndiaBanks9.78%
6IndusInd Bank LimitedBanks7.25%
7Yes Bank LimitedBanks5.11%
8Bank of BarodaBanks1.80%
9The Federal Bank LimitedBanks1.72%
10Punjab National BankBanks1.31%
Sector Allocation
Banks100.0%
Other0.0%
On This Page
NAV growthAsset allocationTop holdings
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Trailing Returns
PeriodReturns
1 Day-0.63%
Risk Metrics

Risk metrics are not available for this fund.

Fees
0.20%
Nil
Nil
—
₹5,000
Capital Gains Tax, general rules

This is an equity-oriented fund. Under rules effective since Budget 2024 (23 July 2024):

Short-Term Capital Gains (held ≤ 12 months): taxed at a flat 20%.

Long-Term Capital Gains (held > 12 months): taxed at 12.5% on gains above ₹1.25 lakh in a financial year, with no indexation benefit.

General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.

Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme