Tata Banking & Financial Services Fund Direct Growth
EquitySector - Financial ServicesVery High Risk
Direct
NAV (21-Nov-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹2,374 Cr
Expense Ratio
0.54%
ISIN
INF277K01Z10
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
28 Dec 2015
About this fund
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹44.02, Assets Under Management (AUM) of 2374.28 Crores, and an expense ratio of 0.54%.
- Tata Banking & Financial Services Fund Direct Growth has given a CAGR return of 18.12% since inception.
- The fund's asset allocation comprises around 98.61% in equities, 0.00% in debts, and 1.39% in cash & cash equivalents.
- You can start investing in Tata Banking & Financial Services Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+18.38%
+16.56% (Cat Avg.)
3 Years
+14.52%
+13.37% (Cat Avg.)
5 Years
+14.79%
+12.64% (Cat Avg.)
Since Inception
+18.12%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹2,341.27 Cr | 98.61% |
| Others | ₹33.01 Cr | 1.39% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹546.75 Cr | 23.03% |
| Axis Bank Ltd | Equity | ₹227.27 Cr | 9.57% |
| ICICI Bank Ltd | Equity | ₹215.16 Cr | 9.06% |
| Kotak Mahindra Bank Ltd | Equity | ₹147.14 Cr | 6.20% |
| State Bank of India | Equity | ₹81.2 Cr | 3.42% |
| PNB Housing Finance Ltd | Equity | ₹72.53 Cr | 3.05% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹57.83 Cr | 2.44% |
| Max Financial Services Ltd | Equity | ₹57.74 Cr | 2.43% |
| HDFC Life Insurance Co Ltd | Equity | ₹57.61 Cr | 2.43% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹57.52 Cr | 2.42% |
| Home First Finance Co India Ltd --- | Equity | ₹53.09 Cr | 2.24% |
| PB Fintech Ltd | Equity | ₹47.63 Cr | 2.01% |
| Bandhan Bank Ltd | Equity | ₹47.37 Cr | 2.00% |
| UTI Asset Management Co Ltd | Equity | ₹46.67 Cr | 1.97% |
| IndusInd Bank Ltd | Equity | ₹44.34 Cr | 1.87% |
| Aptus Value Housing Finance India Ltd | Equity | ₹42.68 Cr | 1.80% |
| India Shelter Finance Corporation Ltd | Equity | ₹42.41 Cr | 1.79% |
| Central Depository Services (India) Ltd | Equity | ₹41.74 Cr | 1.76% |
| SBFC Finance Ltd | Equity | ₹41.68 Cr | 1.76% |
| AAVAS Financiers Ltd | Equity | ₹40.92 Cr | 1.72% |
| Prudent Corporate Advisory Services Ltd | Equity | ₹40.39 Cr | 1.70% |
| Five-Star Business Finance Ltd | Equity | ₹38.94 Cr | 1.64% |
| Karur Vysya Bank Ltd | Equity | ₹38.17 Cr | 1.61% |
| DCB Bank Ltd | Equity | ₹35.38 Cr | 1.49% |
| Repco Home Finance Ltd | Equity | ₹35.28 Cr | 1.49% |
| BSE Ltd | Equity | ₹33.49 Cr | 1.41% |
| Piramal Enterprises Ltd | Equity | ₹31.84 Cr | 1.34% |
| RBL Bank Ltd | Equity | ₹28.86 Cr | 1.22% |
| IDFC First Bank Ltd | Equity | ₹28.35 Cr | 1.19% |
| REC Ltd | Equity | ₹26.13 Cr | 1.10% |
| Fino Payments Bank Ltd | Equity | ₹20.69 Cr | 0.87% |
| A) Repo | Cash - Repurchase Agreement | ₹17.52 Cr | 0.74% |
| Cash / Net Current Asset | Cash | ₹15.48 Cr | 0.65% |
| Bajaj Housing Finance Ltd | Equity | ₹9.58 Cr | 0.40% |
| Equitas Small Finance Bank Ltd Ordinary Shares | Equity | ₹4.89 Cr | 0.21% |
Allocation By Market Cap (Equity)
Large Cap Stocks
56.67%
Mid Cap Stocks
13.90%
Small Cap Stocks
27.64%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹2,341.27 Cr | 98.61% |
Risk & Performance Ratios
Standard Deviation
This fund
15.37%
Cat. avg.
16.63%
Lower the better
Sharpe Ratio
This fund
0.62
Cat. avg.
0.45
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.79
Higher the better
Fund Managers
Amey Sathe
Since October 2021
Additional Scheme Detailsas of 31st October 2024
ISIN INF277K01Z10 | Expense Ratio 0.54% | Exit Load No Charges | Fund Size ₹2,374 Cr | Age 8 years 10 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty Financial Services TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Sector - Financial Services Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata Nifty Private Bank ETF Very High Risk | 0.1% | - | ₹10.92 Cr | 9.7% |
| Aditya Birla Sun Life Nifty Financial Services ETF Very High Risk | - | - | - | - |
| Nippon India ETF Nifty PSU Bank BeES Very High Risk | 0.5% | - | ₹2481.67 Cr | 25.4% |
| Kotak Nifty PSU Bank ETF Very High Risk | 0.5% | - | ₹1396.39 Cr | 25.4% |
| HDFC Nifty Bank ETF Very High Risk | 0.2% | - | ₹2818.24 Cr | 16.1% |
| ICICI Prudential Nifty Private Banks ETF Very High Risk | 0.1% | - | ₹1911.12 Cr | 14.1% |
| Axis NIFTY Bank ETF Very High Risk | 0.2% | - | ₹239.75 Cr | 16.0% |
| ICICI Prudential Banking and Financial Services Regular Growth Very High Risk | 1.8% | 1.0% | ₹8850.47 Cr | 19.2% |
| UTI Banking and Financial Services Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1159.45 Cr | 20.8% |
| Nippon India Banking & Financial Services Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹6237.85 Cr | 18.9% |
About the AMC
Tata Mutual Fund
Total AUM
₹1,85,301 Cr
Address
Mafatlal Centre, 9th Floor, Mumbai, 400 021
Other Funds by Tata Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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- Amey Sathe
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