Goldman Sachs Banking Index Exchange Traded Scheme

Goldman Sachs Banking Index Exchange Traded Scheme is an open ended equity scheme. The investment objective of GS Bank BeES is to provide returns that, before expenses, closely correspond to the total returns of securities as represented by CNX Bank Index. The fund is managed by Mr. Vishal Jain and has some of the best holdings like ICICI Bank, HDFC Bank. The NAV of the fund was INR 1306 on 15th January, 2013 and INR 916 on 17th May, 2012.  
 

AUM :

INR 51.46 crores (31/03/13)

NAV :

INR 1197.6506 (17/04/13)

Top Holdings :

ICICI Bank                       28.69
HDFC Bank                     27.26
State Bank of India        12.72
Axis Bank                         9.76
Kotak Mahindra Bank    5.85