Bank on this sector

FUND MONITOR/ FUND STRATEGY

State Bank of India12.95 Andhra Bank8.77 Corporation Bank8.64 Indian Overseas Bank8.40 ICICI Bank8.21 HDFC Bank7.59 Canara Bank7.53 Allahabad Bank6.89 South Indian Bank4.93 Federal Bank4.66 Karur Vysya Bank3.86 ING Vysya Bank  - Rights issue3.29 Jammu & Kashmir Bank2.24 ING Vysya Bank1.49 Dena Bank0.73  Currently two funds - Reliance Banking Fund (Growth) and UTI Banking Sector Fund - are available for those wishing to cash in on the growth in the banking segment vis the sector mutual fund route. Both funds have performed well, though the former scores slightly over the latter - Reliance's fund gained 41.29 per cent in the past six months compared to 37.95 per cent returns generated by UTI