NFO Alert: All you need to know about WhiteOak Capital Banking and Financial Services Fund

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₹1,000 per plan/option and in multiples of Re 1. There is no upper limit for investment.

Under normal circumstances, the asset allocation of the scheme will be as follows:Indicative allocations (% of total assets)MinimumMaximumEquity and equity-related instruments of companies engaged in the financial services sector80%100%Very HighEquities and equity-related securities other than above 0%20%Very HighDebt Securities and Money Market Instruments0%20%Low to MediumUnits issued by REITs & InvITs0%10%Very High To date, many asset management companies (AMCs) have launched such banking and financial services funds. These include:Mutual Fund HouseName of the FundTATA Mutual FundTata Banking And Financial Services FundSBI Mutual Fund SBI Banking & Financial Services FundBaroda BNP Paribas Mutual FundBaroda BNP Paribas Banking and Financial Services FundTaurus Mutual FundTaurus Banking and Financial Services FundITI Mutual FundITI Banking and Financial Services FundAditya Birla Sun Life Mutual FundAditya Birla Sun Life Banking and Financial Services FundNippon India Mutual FundNippon India Banking & Financial Services FundMirae Asset Mutual FundMirae Asset Banking and Financial Services FundICICI Prudential Mutual FundICICI Prudential Banking and Financial Services FundHDFC Mutual FundHDFC Banking and Financial Services FundIDBI Mutual FundIDBI Banking & Financial Services FundKotak Mahindra Mutual FundKotak Banking & Financial Services FundLIC Mutual FundLIC MF Banking & Financial Services Fund The scheme would be benchmarked at Nifty Financial Services Total Return Index (TRI).