Nifty Financial Services Index is a customized basket designed using the most representative companies in the Indian financial services sector. The constituents and asset allocation are determined using Kristal's proprietary algorithm which uses a combination of Tracking Error Minimization and Genetic Algorithm in order to formulate a portfolio which closely tracks the Nifty Financial Services Total Return Index.
Why Invest ?
This Kristal allows you to gain exposure to the broader financial companies which includes banks, broking houses, insurance which form the most prominent sector driving an economy These companies are known for their highest weightages in stock indices due to their stability and track record.
When to Invest ?
One should invest in this Kristal when the economy is in the recovery phase. However, over the long term, the financial services industry is known to grow with the economy and becomes the defining sector of the economy.
Investment ofper month
gives returns of :
at -23.67% / annum
₹in 1 years
for a time period of
Returns % (CAGR)based on historic returns of -23.67% per annum
Subscription & redemption: Daily
Notice period for subscription: None
Notice period of redemption: None
Redemption settlement: 2 business days
Strategy - How is this Kristal managed ?
The investment objective of India BFSI is to track the performance of Nifty Financial Services Total Return Index.
We are licensed in Singapore, Hong Kong, and India. Kristal Advisors (SG) Pte. Ltd. (CMS100614-4) presently operates under the CMS license by the Monetary Authority of Singapore (MAS). Kristal Advisors (HK) Ltd. (BHZ135) is licensed and regulated by the Securities and Futures Commission to carry out Type 4 and Type 9 regulated activities and is not involved in the discretionary management of any collective investment scheme. Kristal Advisors Private Ltd. (INA100006852) presently operates as a Registered Investment Advisor under the jurisdiction of the Securities and Exchange Board of India. Kristal, its affiliates and/or its employees may hold positions in the assets discussed herein.
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