Lotus India Banking Fund -NFO

Fund category -Equity - Diversified
Scheme plan-Growth, Dividend
Scheme type-Open Ended
Launch date-May 19, 2008
Fund manager-Mr. Tridib Pathak
Initial Price-Rs 10
Min investment-Rs 5,000
Entry load-2.25 % Exit load-1
Objective-The investment objective of the Scheme is to generate long-term capital growth from a portfolio of equity and equity-related securities of companies engaged in the business of banking and financial services.
Investors can look into proven funds available around the same theme. Banking is a high risk return sector as there are a lot of uncertainties at this point of time.


Naresh said...

It seems a good fund.

Sherin Devassy said...

Naresh is correct. It seems good one but, there was an another fund from sundaram BNP paribas financial sector fund and that you can take a look. It has a well experience fund manager as well... certainly the financial sector is a best bet...

this commnet frm Sherin Devassy

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