MF
MFGenie.ai

Which mutual funds own Punjab National Bank?

149 mutual funds hold Punjab National Bank · latest as of 30 Apr 2026.

ISIN
INE160A01022
  1. 1

    11.82%

    ₹37.78 cr

    as of 30 Apr 2026

  2. 2
    SBI BSE PSU BANK ETF

    SBI Mutual Fund · ETF

    11.80%

    ₹164.26 cr

    as of 30 Apr 2026

  3. 3
    Kotak Nifty PSU Bank ETF

    Kotak Mahindra Mutual Fund · ETF

    10.42%

    ₹245.11 cr

    as of 30 Apr 2026

  4. 4
    Kotak Nifty Bank ETF

    Kotak Mahindra Mutual Fund · ETF

    3.37%

    ₹159.52 cr

    as of 30 Apr 2026

  5. 5
    SBI Nifty Bank ETF

    SBI Mutual Fund · ETF

    3.37%

    ₹123.23 cr

    as of 30 Apr 2026

  6. 6

    3.37%

    ₹5.46 cr

    as of 30 Apr 2026

  7. 7
    Motilal Oswal Nifty Bank Index - Regular Plan

    Motilal Oswal Mutual Fund · Index Fund

    3.37%

    ₹21.58 cr

    as of 30 Apr 2026

  8. 8
    SBI Quant Fund- Regular Plan- Growth

    SBI Mutual Fund · Sectoral / Thematic

    2.91%

    ₹91.50 cr

    as of 30 Apr 2026

  9. 9
    Motilal Oswal BSE Enhanced Value Index Fund-Regular plan

    Motilal Oswal Mutual Fund · Index Fund

    2.80%

    ₹58.83 cr

    as of 30 Apr 2026

  10. 10
    Motilal Oswal BSE Enhanced Value ETF

    Motilal Oswal Mutual Fund · ETF

    2.79%

    ₹4.58 cr

    as of 30 Apr 2026

  11. 11
    SBI CONTRA FUND - REGULAR PLAN -GROWTH

    SBI Mutual Fund · Contra Fund

    2.68%

    ₹1266.90 cr

    as of 30 Apr 2026

  12. 12
    Kotak Nifty200 Value 30 Index Fund - Regular - Growth

    Kotak Mahindra Mutual Fund · Index Fund

    2.05%

    ₹66.13 L

    as of 30 Apr 2026

  13. 13
    Motilal Oswal Quant Fund - Regular - Growth

    Motilal Oswal Mutual Fund · Sectoral / Thematic

    2.04%

    ₹5.03 cr

    as of 30 Apr 2026

  14. 14

    2.02%

    ₹4.53 cr

    as of 31 Mar 2026

  15. 15

    1.89%

    ₹6.03 cr

    as of 31 Mar 2026

  16. 16
    SBI Balanced Advantage Fund - Regular Plan - Growth

    SBI Mutual Fund · Dynamic Asset Allocation

    1.79%

    ₹730.20 cr

    as of 30 Apr 2026

  17. 17
    Kotak BSE PSU Index Fund - Regular Plan - Growth

    Kotak Mahindra Mutual Fund · Index Fund

    1.66%

    ₹1.52 cr

    as of 30 Apr 2026

  18. 18

    1.54%

    ₹16.41 cr

    as of 30 Apr 2026

  19. 19
    Kotak Nifty Next 50 ETF

    Kotak Mahindra Mutual Fund · ETF

    1.53%

    ₹23.64 L

    as of 30 Apr 2026

  20. 20
    SBI Nifty Next 50 ETF

    SBI Mutual Fund · ETF

    1.53%

    ₹45.69 cr

    as of 30 Apr 2026

  21. 21

    1.53%

    ₹31.02 cr

    as of 30 Apr 2026

  22. 22

    1.53%

    ₹6.90 cr

    as of 30 Apr 2026

  23. 23
    MOTILAL OSWAL NIFTY NEXT 50 ETF

    Motilal Oswal Mutual Fund · ETF

    1.53%

    ₹5.55 L

    as of 30 Apr 2026

  24. 24
    SBI BSE Sensex Next 50 ETF

    SBI Mutual Fund · ETF

    1.43%

    ₹35.06 L

    as of 30 Apr 2026

  25. 25
    SBI MULTI ASSET ALLOCATION FUND - REGULAR PLAN - GROWTH

    SBI Mutual Fund · Multi Asset / Dynamic

    1.30%

    ₹229.66 cr

    as of 30 Apr 2026

  26. 26
    Kotak Nifty 100 Equal Weight ETF

    Kotak Mahindra Mutual Fund · ETF

    0.93%

    ₹18.02 L

    as of 30 Apr 2026

  27. 27

    0.93%

    ₹38.76 L

    as of 30 Apr 2026

  28. 28

    0.73%

    ₹312.94 cr

    as of 30 Apr 2026

  29. 29

    0.55%

    ₹126.58 cr

    as of 30 Apr 2026

  30. 30
    Kotak Arbitrage Fund - Regular Plan - Growth

    Kotak Mahindra Mutual Fund · Arbitrage

    0.32%

    ₹224.23 cr

    as of 30 Apr 2026

  31. 31
    SBI BSE 100 ETF

    SBI Mutual Fund · ETF

    0.28%

    ₹2.61 L

    as of 30 Apr 2026

  32. 32
    SBI Equity Savings Fund - Regular Plan - Growth

    SBI Mutual Fund · Equity Savings

    0.28%

    ₹15.84 cr

    as of 30 Apr 2026

  33. 33
    Motilal Oswal Nifty 100 ETF

    Motilal Oswal Mutual Fund · ETF

    0.28%

    ₹3.69 L

    as of 30 Apr 2026

  34. 34
    Kotak MSCI India ETF

    Kotak Mahindra Mutual Fund · ETF

    0.19%

    ₹2.98 cr

    as of 30 Apr 2026

  35. 35

    0.19%

    ₹1.48 cr

    as of 30 Apr 2026

  36. 36
    Motilal Oswal Nifty 500 Index Fund - Regular Plan

    Motilal Oswal Mutual Fund · Index Fund

    0.19%

    ₹5.78 cr

    as of 30 Apr 2026

  37. 37
    Motilal Oswal Nifty 500 ETF

    Motilal Oswal Mutual Fund · ETF

    0.19%

    ₹53.15 L

    as of 30 Apr 2026

  38. 38
    Motilal Oswal BSE 1000 Index Fund - Regular Plan - Growth

    Motilal Oswal Mutual Fund · Index Fund

    0.19%

    ₹11.31 L

    as of 30 Apr 2026

  39. 39
    Groww Nifty PSU Bank Index Fund Regular Growth

    Groww Mutual Fund · Index Fund

    0.10%

    ₹71.96 L

    as of 30 Apr 2026

  40. 40
    ICICI Prudential Nifty PSU Bank ETF

    ICICI Prudential Mutual Fund · ETF

    0.10%

    ₹12.87 cr

    as of 30 Apr 2026

  41. 41
    HDFC NIFTY PSU BANK ETF

    HDFC Mutual Fund · ETF

    0.10%

    ₹3.62 cr

    as of 30 Apr 2026

  42. 42
    Nippon India ETF Nifty PSU Bank BeES

    Nippon India Mutual Fund · ETF

    0.10%

    ₹407.85 cr

    as of 30 Apr 2026

  43. 43
    DSP Nifty PSU Bank ETF

    DSP Mutual Fund · ETF

    0.10%

    ₹18.04 cr

    as of 30 Apr 2026

  44. 44
    Groww Nifty PSU Bank ETF

    Groww Mutual Fund · ETF

    0.10%

    ₹59.25 L

    as of 30 Apr 2026

  45. 45
    Mirae Asset Nifty PSU Bank ETF

    Mirae Asset Mutual Fund · ETF

    0.10%

    ₹5.52 cr

    as of 31 Mar 2026

  46. 46
    Kotak Balanced Advantage Fund -Regular Plan - Growth Option

    Kotak Mahindra Mutual Fund · Dynamic Asset Allocation

    0.09%

    ₹14.96 cr

    as of 30 Apr 2026

  47. 47
    Baroda BNP Paribas Nifty Bank ETF

    Baroda BNP Paribas Mutual Fund · ETF

    0.03%

    ₹12.83 L

    as of 30 Apr 2026

  48. 48

    0.03%

    ₹5.24 cr

    as of 30 Apr 2026

  49. 49
    UTI Nifty Bank ETF

    UTI Mutual Fund · ETF

    0.03%

    ₹112.20 cr

    as of 31 Mar 2026

  50. 50
    Mirae Asset Nifty Bank ETF

    Mirae Asset Mutual Fund · ETF

    0.03%

    ₹9.10 cr

    as of 31 Mar 2026

  51. 51
    HDFC NIFTY Bank ETF - GROWTH

    HDFC Mutual Fund · ETF

    0.03%

    ₹87.83 cr

    as of 30 Apr 2026

  52. 52
    Edelweiss Nifty Bank ETF - Growth

    Edelweiss Mutual Fund · ETF

    0.03%

    ₹39.24 L

    as of 30 Apr 2026

  53. 53
    Nippon India ETF Nifty Bank BeES

    Nippon India Mutual Fund · ETF

    0.03%

    ₹266.61 cr

    as of 30 Apr 2026

  54. 54

    0.03%

    ₹6.60 cr

    as of 30 Apr 2026

  55. 55
    Axis NIFTY Bank ETF

    Axis Mutual Fund · ETF

    0.03%

    ₹11.61 cr

    as of 30 Apr 2026

  56. 56

    0.03%

    ₹1.97 cr

    as of 30 Apr 2026

  57. 57
    ICICI Prudential Nifty Bank ETF

    ICICI Prudential Mutual Fund · ETF

    0.03%

    ₹96.35 cr

    as of 30 Apr 2026

  58. 58
    Aditya Birla Sun Life Nifty Bank ETF

    Aditya Birla Sun Life Mutual Fund · ETF

    0.03%

    ₹83.97 cr

    as of 30 Apr 2026

  59. 59
    ICICI Prudential Nifty Bank Index Fund - Growth

    ICICI Prudential Mutual Fund · Index Fund

    0.03%

    ₹24.14 cr

    as of 30 Apr 2026

  60. 60
    DSP Nifty Bank ETF

    DSP Mutual Fund · ETF

    0.03%

    ₹20.30 cr

    as of 30 Apr 2026

  61. 61
    ICICI Prudential Nifty200 Value 30 ETF

    ICICI Prudential Mutual Fund · ETF

    0.02%

    ₹1.04 cr

    as of 30 Apr 2026

  62. 62
    ICICI Prudential Nifty200 Value 30 Index Fund - Growth

    ICICI Prudential Mutual Fund · Index Fund

    0.02%

    ₹4.72 cr

    as of 30 Apr 2026

  63. 63
    BANK OF INDIA Arbitrage Fund Regular Growth

    Bank of India Mutual Fund · Arbitrage

    0.02%

    ₹78.74 L

    as of 30 Apr 2026

  64. 64
    BANDHAN Arbitrage Fund - Regular Plan - Growth

    Bandhan Mutual Fund · Arbitrage

    0.02%

    ₹137.01 cr

    as of 30 Apr 2026

  65. 65
    HSBC Value Fund - Regular Growth

    HSBC Mutual Fund · Value Fund

    0.02%

    ₹246.97 cr

    as of 30 Apr 2026

  66. 66
    Aditya Birla Sun Life Nifty Next 50 Index Fund-Regular Growth

    Aditya Birla Sun Life Mutual Fund · Index Fund

    0.02%

    ₹3.29 cr

    as of 31 Mar 2026

  67. 67
    Aditya Birla Sunlife Nifty Next 50 ETF

    Aditya Birla Sun Life Mutual Fund · ETF

    0.02%

    ₹1.47 cr

    as of 31 Mar 2026

  68. 68

    0.02%

    ₹32.50 cr

    as of 31 Mar 2026

  69. 69

    0.02%

    ₹89.95 cr

    as of 31 Mar 2026

  70. 70
    Mirae Asset Nifty Next 50 ETF

    Mirae Asset Mutual Fund · ETF

    0.02%

    ₹17.13 cr

    as of 31 Mar 2026

  71. 71

    0.02%

    ₹1.59 cr

    as of 31 Mar 2026

  72. 72

    0.02%

    ₹3.49 cr

    as of 31 Mar 2026

  73. 73
    BARODA BNP PARIBAS LARGE CAP Fund- Regular Plan - Growth Option

    Baroda BNP Paribas Mutual Fund · Large Cap

    0.02%

    ₹36.20 cr

    as of 31 Mar 2026

  74. 74

    0.02%

    ₹2.26 cr

    as of 30 Apr 2026

  75. 75

    0.02%

    ₹1.58 cr

    as of 30 Apr 2026

  76. 76
    HDFC NIFTY Next 50 Index Fund - Growth Option

    HDFC Mutual Fund · Index Fund

    0.02%

    ₹36.22 cr

    as of 30 Apr 2026

  77. 77

    0.02%

    ₹1.93 cr

    as of 30 Apr 2026

  78. 78
    Nippon India ETF Nifty Next 50 Junior BeES

    Nippon India Mutual Fund · ETF

    0.02%

    ₹119.35 cr

    as of 30 Apr 2026

  79. 79

    0.02%

    ₹7.25 cr

    as of 30 Apr 2026

  80. 80

    0.02%

    ₹19.25 cr

    as of 30 Apr 2026

  81. 81
    DSP Nifty Next 50 ETF

    DSP Mutual Fund · ETF

    0.02%

    ₹13.02 L

    as of 30 Apr 2026

  82. 82
    ICICI Prudential Nifty Next 50 ETF

    ICICI Prudential Mutual Fund · ETF

    0.02%

    ₹37.01 cr

    as of 30 Apr 2026

  83. 83
    ICICI Prudential Nifty Next 50 Index Fund - Growth

    ICICI Prudential Mutual Fund · Index Fund

    0.02%

    ₹135.92 cr

    as of 30 Apr 2026

  84. 84
    Groww Nifty Next 50 ETF

    Groww Mutual Fund · ETF

    0.02%

    ₹12.91 L

    as of 30 Apr 2026

  85. 85

    0.01%

    ₹41.67 L

    as of 31 Mar 2026

  86. 86
    Nippon India ETF BSE Sensex Next 50

    Nippon India Mutual Fund · ETF

    0.01%

    ₹2.08 cr

    as of 30 Apr 2026

  87. 87
    Franklin India Arbitrage Fund - Growth

    Franklin Templeton Mutual Fund · Arbitrage

    0.01%

    ₹16.01 cr

    as of 30 Apr 2026

  88. 88
    Bandhan Multi-Factor Fund - Regular Plan - Growth

    Bandhan Mutual Fund · Sectoral / Thematic

    0.01%

    ₹8.97 cr

    as of 30 Apr 2026

  89. 89

    0.01%

    ₹8.01 cr

    as of 31 Mar 2026

  90. 90
    Mirae Asset Nifty 500 Value 50 ETF

    Mirae Asset Mutual Fund · ETF

    0.01%

    ₹7.58 L

    as of 31 Mar 2026

  91. 91
    Axis Nifty500 Value 50 ETF

    Axis Mutual Fund · ETF

    0.01%

    ₹46.54 L

    as of 30 Apr 2026

  92. 92

    0.01%

    ₹2.49 cr

    as of 30 Apr 2026

  93. 93
    DSP Arbitrage Fund - Regular - Growth

    DSP Mutual Fund · Arbitrage

    0.01%

    ₹83.46 cr

    as of 30 Apr 2026

  94. 94
    BANDHAN Equity Savings Fund - Regular Plan - Growth

    Bandhan Mutual Fund · Equity Savings

    0.01%

    ₹4.81 cr

    as of 30 Apr 2026

  95. 95

    0.01%

    ₹28.78 cr

    as of 30 Apr 2026

  96. 96
    HSBC Arbitrage Fund - Regular Growth

    HSBC Mutual Fund · Arbitrage

    0.01%

    ₹30.27 cr

    as of 30 Apr 2026

  97. 97
    Franklin India Multi-Factor Fund- Growth

    Franklin Templeton Mutual Fund · Sectoral / Thematic

    0.01%

    ₹6.02 cr

    as of 30 Apr 2026

  98. 98
    LIC MF Arbitrage Fund-Regular Plan-Growth

    LIC Mutual Fund · Arbitrage

    0.01%

    ₹2.36 cr

    as of 30 Apr 2026

  99. 99
    Edelweiss Business Cycle Fund - Regular Plan - Growth

    Edelweiss Mutual Fund · Sectoral / Thematic

    0.01%

    ₹13.39 cr

    as of 31 Mar 2026

  100. 100

    0.01%

    ₹1.14 cr

    as of 31 Mar 2026

  101. 101

    0.01%

    ₹4.03 cr

    as of 30 Apr 2026

  102. 102
    HSBC Equity Savings Fund - Regular Growth

    HSBC Mutual Fund · Equity Savings

    0.01%

    ₹8.31 cr

    as of 30 Apr 2026

  103. 103

    0.01%

    ₹90.50 cr

    as of 31 Mar 2026

  104. 104
    Baroda BNP Paribas Equity Savings Fund - Regular Plan - Growth

    Baroda BNP Paribas Mutual Fund · Equity Savings

    0.01%

    ₹2.19 cr

    as of 30 Apr 2026

  105. 105
    Axis Arbitrage Fund - Regular Plan - Growth

    Axis Mutual Fund · Arbitrage

    0.01%

    ₹70.69 cr

    as of 30 Apr 2026

  106. 106
    DSP Dynamic Asset Allocation Fund - Regular Plan - Growth

    DSP Mutual Fund · Dynamic Asset Allocation

    0.01%

    ₹23.97 cr

    as of 30 Apr 2026

  107. 107
    DSP Equity Savings Fund - Regular Plan - Growth

    DSP Mutual Fund · Equity Savings

    0.01%

    ₹22.04 cr

    as of 31 Mar 2026

  108. 108
    Aditya Birla Sun Life PSU Equity Fund-Regular Plan-Growth

    Aditya Birla Sun Life Mutual Fund · Sectoral / Thematic

    0.01%

    ₹35.61 cr

    as of 30 Apr 2026

  109. 109
    HSBC Multi Cap Fund - Regular - Growth

    HSBC Mutual Fund · Multi Cap

    0.01%

    ₹30.40 cr

    as of 30 Apr 2026

  110. 110
    Axis Equity Savings Fund - Regular Plan - Growth

    Axis Mutual Fund · Equity Savings

    0.01%

    ₹4.55 cr

    as of 30 Apr 2026

  111. 111

    0.01%

    ₹76.10 cr

    as of 31 Mar 2026

  112. 112
    ICICI Prudential Equity Arbitrage Fund - Growth

    ICICI Prudential Mutual Fund · Arbitrage

    0.01%

    ₹160.01 cr

    as of 31 Mar 2026

  113. 113
    Mirae Asset BSE 200 Equal Weight ETF

    Mirae Asset Mutual Fund · ETF

    0.00%

    ₹7.47 L

    as of 31 Mar 2026

  114. 114
    Tata Arbitrage Fund-Regular Plan-Growth

    Tata Mutual Fund · Arbitrage

    0.00%

    ₹97.81 cr

    as of 30 Apr 2026

  115. 115
    BARODA BNP PARIBAS ARBITRAGE FUND- REGULAR PLAN- GROWTH OPTION

    Baroda BNP Paribas Mutual Fund · Arbitrage

    0.00%

    ₹5.07 cr

    as of 30 Apr 2026

  116. 116

    0.00%

    ₹64.83 cr

    as of 30 Apr 2026

  117. 117
    Edelweiss Balanced Advantage Fund - Regular Plan - Growth Option

    Edelweiss Mutual Fund · Dynamic Asset Allocation

    0.00%

    ₹41.53 cr

    as of 31 Mar 2026

  118. 118
    BANDHAN Balanced Advantage Fund Regular Plan Growth

    Bandhan Mutual Fund · Dynamic Asset Allocation

    0.00%

    ₹6.18 cr

    as of 31 Mar 2026

  119. 119
    ICICI Prudential Nifty 100 ETF

    ICICI Prudential Mutual Fund · ETF

    0.00%

    ₹44.59 L

    as of 30 Apr 2026

  120. 120
    LIC MF Nifty 100 ETF

    LIC Mutual Fund · ETF

    0.00%

    ₹2.04 cr

    as of 30 Apr 2026

  121. 121
    HDFC NIFTY 100 Index Fund - Growth Option

    HDFC Mutual Fund · Index Fund

    0.00%

    ₹1.19 cr

    as of 30 Apr 2026

  122. 122
    HDFC NIFTY 100 ETF - Growth Option

    HDFC Mutual Fund · ETF

    0.00%

    ₹12.67 L

    as of 30 Apr 2026

  123. 123
    Nippon India ETF Nifty 100

    Nippon India Mutual Fund · ETF

    0.00%

    ₹96.93 L

    as of 30 Apr 2026

  124. 124

    0.00%

    ₹5.53 cr

    as of 30 Apr 2026

  125. 125

    0.00%

    ₹1.50 cr

    as of 31 Mar 2026

  126. 126
    Aditya BIRLA SUN LIFE ARBITRAGE FUND - REGULAR PLAN - GROWTH

    Aditya Birla Sun Life Mutual Fund · Arbitrage

    0.00%

    ₹63.17 cr

    as of 30 Apr 2026

  127. 127

    0.00%

    ₹78.74 L

    as of 30 Apr 2026

  128. 128

    0.00%

    ₹56.70 L

    as of 30 Apr 2026

  129. 129
    HDFC BSE 500 ETF - Growth Option

    HDFC Mutual Fund · ETF

    0.00%

    ₹4.54 L

    as of 30 Apr 2026

  130. 130
    ICICI Prudential Nifty 500 Index Fund - Growth

    ICICI Prudential Mutual Fund · Index Fund

    0.00%

    ₹16.63 L

    as of 30 Apr 2026

  131. 131

    0.00%

    ₹58.59 L

    as of 30 Apr 2026

  132. 132
    DSP MSCI INDIA ETF

    DSP Mutual Fund · ETF

    0.00%

    ₹0.62 L

    as of 30 Apr 2026

  133. 133

    0.00%

    ₹69.64 L

    as of 31 Mar 2026

  134. 134
    DSP Nifty 500 Index Fund - Regular - Growth

    DSP Mutual Fund · Index Fund

    0.00%

    ₹2.20 L

    as of 31 Mar 2026

  135. 135

    0.00%

    ₹8.49 L

    as of 31 Mar 2026

  136. 136
    Aditya Birla Sun Life MSCI India ETF

    Aditya Birla Sun Life Mutual Fund · ETF

    0.00%

    ₹1.90 L

    as of 30 Apr 2026

  137. 137
    ICICI Prudential Equity Savings Fund - Cumulative option

    ICICI Prudential Mutual Fund · Equity Savings

    0.00%

    ₹31.50 cr

    as of 30 Apr 2026

  138. 138

    0.00%

    ₹62.34 L

    as of 30 Apr 2026

  139. 139

    0.00%

    ₹59.75 L

    as of 30 Apr 2026

  140. 140

    0.00%

    ₹18.37 L

    as of 30 Apr 2026

  141. 141

    0.00%

    ₹38.81 L

    as of 31 Mar 2026

  142. 142

    0.00%

    ₹4.60 L

    as of 31 Mar 2026

  143. 143
    Mirae Asset Nifty500 Multicap 50:25:25 ETF

    Mirae Asset Mutual Fund · ETF

    0.00%

    ₹10.07 L

    as of 31 Mar 2026

  144. 144
    ICICI Prudential Nifty LargeMidcap 250 Index Fund - Growth

    ICICI Prudential Mutual Fund · Index Fund

    0.00%

    ₹35.91 L

    as of 30 Apr 2026

  145. 145

    0.00%

    ₹1.42 cr

    as of 30 Apr 2026

  146. 146
    Mirae Asset Equity Savings Fund- Regular Plan- Growth

    Mirae Asset Mutual Fund · Equity Savings

    0.00%

    ₹1.37 cr

    as of 31 Mar 2026

  147. 147
    Mirae Asset Multi Asset Allocation Fund - Regular Plan - Growth

    Mirae Asset Mutual Fund · Multi Asset / Dynamic

    0.00%

    ₹2.01 cr

    as of 31 Mar 2026

  148. 148
    Mirae Asset Balanced Advantage Fund Regular Plan- Growth

    Mirae Asset Mutual Fund · Dynamic Asset Allocation

    0.00%

    ₹96.54 L

    as of 31 Mar 2026

  149. 149
    Bandhan Multi Asset Allocation Fund - Regular Plan - Growth

    Bandhan Mutual Fund · Multi Asset / Dynamic

    0.00%

    ₹96.54 L

    as of 31 Mar 2026

ARN-295666 · EUIN E028009. Mutual Fund investments are subject to market risks. Read all scheme-related documents carefully. Holdings data is published by AMCs on a monthly cadence and shown with the latest available as-of date per fund.