INVESTMENT STYLE:

Exchange Traded Fund replicating / tracking Nifty Private Bank Index.

INVESTMENT OBJECTIVE:

The investment objective of the scheme is to provide returns that is closely correspond to the total returns of the securities as represented by the Nifty Private Bank index, subject to tracking error. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.

DATE OF ALLOTMENT:

August 30, 2019

FUND MANAGER(S)

Kapil Menon (Managing Since 26-Apr-24 and overall experience of 20 years)

BENCHMARK:

Nifty Private Bank TRI

NAV

Direct - Growth	: 247.9158
FUND SIZE
Rs. 8.96 (Rs. in Cr.)
MONTHLY AVERAGE AUM
Rs. 8.74 (Rs. in Cr.)
TURN OVER
Portfolio Turnover (Equity component only)	21.25%
EXPENSE RATIO**
Direct	0.13
Regular	NA
**Note: The rates specified are actual month end expenses charged as on May 31, 2024. The above ratio includes the Service tax on Investment Management Fees. The above ratio excludes, borrowing cost, wherever applicable.

VOLATILITY MEASURES^	FUND	BENCHMARK
Std. Dev (Annualised)	15.98	16.11
Sharpe Ratio	0.22	0.24
Portfolio Beta	0.96	NA
R Squared	1.00	NA
Treynor	0.32	NA
Jenson	-0.01	NA
^Risk-free rate based on the FBIL Overnight MIBOR rate of 6.76% as on May 31, 2024 For calculation methodology

MINIMUM INVESTMENT/
MULTIPLES FOR NEW INVESTMENT:

Transactions by Market Makers: in creation unit size (refer SID for creation unit size)
Transactions by Investors:
• Amount greater than 25 Crs: Directly through AMC or through exchange
• Amount less than 25 Crs: Through exchange, min 1 unit and in multiple thereof

ADDITIONAL INVESTMENT/
MULTIPLES FOR EXISTING INVESTORS:

Transactions by Market Makers: in creation unit size (refer SID for creation unit size)
Transactions by Investors:
• Amount greater than 25 Crs: Directly through AMC or through exchange
• Amount less than 25 Crs: Through exchange, min 1 unit and in multiple thereof

LOAD STRUCTURE:

ENTRY LOAD	Not Applicable
EXIT LOAD	Nil

Please refer to our Tata Mutual Fund website for fundamental changes, wherever applicable