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DAIBX DMS India Bank Index A

  • Fund
  • DAIBX
  • Price as of: Mar 27, 2015
  • $10.47
  • - $0.00
  • - 0.00%
  • Category
  • India Equities

DAIBX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $237 K
  • Holdings in Top 10 32.4%

52 WEEK LOW AND HIGH

$10.47
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 62.60%

SALES FEES

  • Front Load 5.00%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 0.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

STANDARD (TAXABLE)

$1,500

IRA

N/A

Investment Themes

CATEGORY

India Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Financial

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.57%
DIVIDENDS
  • Dividend Yield N/A
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name DMS India Bank Index Fund
  • Fund Family Name DMS FUNDS
  • Inception Date Jan 17, 2013
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Peter R. Kohli

Fund Description

The fund employs a "passive management" - or indexing - investment approach by investing all, or substantially all, of its assets in the common stocks included in the CNX Bank Index. It will seek to replicate the index precisely, using the identical weightings of individual stocks as the index uses, and will not just invest in a representative sample of the index. The index currently includes twelve common stocks of banks operating in India. The fund is non-diversified.

DAIBX - Performance

Return Ranking - Trailing

Period DAIBX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -13.4% 4.4% 66.67% 5
1 Yr 10.4% -16.3% 70.2% 27.78% 2
3 Yr N/A * -5.5% 19.4% N/A N/A
5 Yr N/A * 6.2% 16.7% N/A N/A
10 Yr N/A * 11.7% 14.8% N/A N/A

* Annualized


Return Ranking - Calendar

Period DAIBX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 0.0% -23.3% 1.4% 11.11% 2
2017 17.4% 17.4% 49.0% 100.00% 5
2016 N/A -32.1% 2.8% N/A N/A
2015 N/A -16.4% 35.0% N/A N/A
2014 N/A 36.1% 62.5% N/A N/A

Total Return Ranking - Trailing

Period DAIBX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -13.4% 4.4% 66.67% 5
1 Yr 10.4% -16.3% 70.2% 27.78% 2
3 Yr N/A * -5.5% 19.4% N/A N/A
5 Yr N/A * 7.5% 16.7% N/A N/A
10 Yr N/A * 12.4% 17.5% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period DAIBX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 0.0% -23.3% 1.4% 11.11% 2
2017 17.4% 17.4% 49.0% 100.00% 5
2016 N/A -32.1% 2.8% N/A N/A
2015 N/A -5.7% 35.0% N/A N/A
2014 N/A 39.3% 65.9% N/A N/A

NAV & Total Return History

DAIBX - Holdings

Filings data as of: Sep 30, 2014

Concentration Analysis

DAIBX Category Low Category High DAIBX % Rank Quintile
Net Assets 237 K 40.8 K 1.53 B 50.00% 5
Number of Holdings 14 4 89 44.44% 4
Net Assets in Top 10 71.8 K 76 698 M 38.89% 4
Weighting of Top 10 32.4% 0.0% 99.1% 38.89% 4

Top 10 Holdings

  1. ICICI Bank Ltd 9.67%
  2. HDFC Bank Ltd 9.42%
  3. State Bank of India 3.64%
  4. Axis Bank Ltd 3.42%
  5. Kotak Mahindra Bank Ltd 2.24%
  6. IndusInd Bank Ltd 1.54%
  7. Bank of Baroda 0.99%
  8. Yes Bank Ltd 0.86%
  9. Canara Bank 0.29%
  10. Bank Of India 0.29%

Asset Allocation

Weighting Category Low Category High DAIBX % Rank Quintile
Cash
67.35% 0.00% 99.99% 22.22% 1
Stocks
32.65% 0.01% 100.00% 33.33% 4
Preferred Stocks
0.00% 0.00% 0.00% 5.56% 5
Other
0.00% 0.00% 93.67% 11.11% 5
Convertible Bonds
0.00% 0.00% 0.00% 5.56% 5
Bonds
0.00% 0.00% 0.00% 5.56% 5

Stock Sector Breakdown

Weighting Category Low Category High DAIBX % Rank Quintile
Financial Services
32.65% 0.00% 35.20% 11.11% 1
Utilities
0.00% 0.00% 6.28% 22.22% 5
Technology
0.00% 0.00% 20.82% 50.00% 5
Real Estate
0.00% 0.00% 1.81% 27.78% 5
Industrials
0.00% 0.00% 18.07% 44.44% 5
Healthcare
0.00% 0.00% 14.57% 38.89% 5
Energy
0.00% 0.00% 8.46% 44.44% 5
Communication Services
0.00% 0.00% 4.39% 16.67% 5
Consumer Defense
0.00% 0.00% 13.49% 44.44% 5
Consumer Cyclical
0.00% 0.00% 14.06% 50.00% 5
Basic Materials
0.00% 0.00% 19.93% 44.44% 5

Stock Geographic Breakdown

Weighting Category Low Category High DAIBX % Rank Quintile
Non US
32.65% 0.00% 100.00% 33.33% 4
US
0.00% 0.00% 3.63% 33.33% 5

DAIBX - Expenses

Operational Fees

DAIBX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 62.60% 0.90% 62.60% 5.56% 5
Management Fee 0.75% 0.66% 1.30% 22.22% 2
12b-1 Fee 0.25% 0.00% 1.00% 36.36% 3
Administrative Fee N/A 0.14% 0.15% N/A N/A

Sales Fees

DAIBX Fees (% of AUM) Category Low Category High DAIBX Rank Quintile
Front Load 5.00% 5.00% 5.75% 50.00% 1
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

DAIBX Fees (% of AUM) Category Low Category High DAIBX Rank Quintile
Max Redemption Fee 2.00% 2.00% 2.00% 9.09% 5

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

DAIBX Fees (% of AUM) Category Low Category High DAIBX Rank Quintile
Turnover 0.00% 0.00% 82.84% 38.89% 1

DAIBX - Distributions

Dividend Yield Analysis

DAIBX Category Low Category High DAIBX % Rank Quintile
Dividend Yield N/A 0.00% 0.03% N/A N/A

Dividend Distribution Analysis

DAIBX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

DAIBX Category Low Category High DAIBX % Rank Quintile
Net Income Ratio -0.57% -1.49% 0.84% 50.00% 3

Capital Gain Distribution Analysis

DAIBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency N/A Annually Annually Annually

DAIBX - Managers

Peter R. Kohli

Manager

Start Date

Jan 17, 2013

Tenure

1.87

Tenure Rank

41.4%

Peter R. Kohli, Chief Executive Officer and Chief Investment Officer of DMS. As Chief Investment Officer, he is responsible for the oversight of the investment management activities of DMS. Mr. Kohli is a registered representative of Trustmont Financial Group, a registered broker dealer and member of FINRA. Mr. Kohli has been engaged in the securities business on a full time basis for the last fifteen years, and prior thereto on a part time basis. He received the Chartered Financial Consultant designation from The American College, and holds a Bachelor’s degree in Mathematics from the Open University, England.


Tenure Analysis

Category Low

0.4

Category High

12.7

Category Average

4.63

Category Mode

4.2