Tata Banking & Financial Services Fund Direct Growth

Fund Overview

Fund Size

₹2,227 Cr

Expense Ratio

0.47%

ISIN

INF277K01Z10

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

28 Dec 2015

About this fund

Tata Banking & Financial Services Fund Direct Growth is a Sector - Financial Services mutual fund schemes offered by Tata Mutual Fund. This fund has been in existence for 8 years, 6 months and 28 days, having been launched on 28-Dec-15.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹43.35, Assets Under Management (AUM) of 2227.37 Crores, and an expense ratio of 0.47%.

Tata Banking & Financial Services Fund Direct Growth has given a CAGR return of 18.66% since inception.
The fund's asset allocation comprises around 94.47% in equities, 0.00% in debts, and 5.53% 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

+19.03%

+17.99% (Cat Avg.)

3 Years

+16.92%

+16.83% (Cat Avg.)

5 Years

+16.92%

+14.67% (Cat Avg.)

Since Inception

+18.66%

— (Cat Avg.)

Portfolio Summaryas of 30th June 2024

Equity	₹2,104.25 Cr	94.47%
Others	₹123.11 Cr	5.53%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
HDFC Bank Ltd	Equity	₹478.2 Cr	21.47%
ICICI Bank Ltd	Equity	₹199.73 Cr	8.97%
Axis Bank Ltd	Equity	₹161.95 Cr	7.27%
Kotak Mahindra Bank Ltd	Equity	₹126.18 Cr	5.66%
A) Repo	Cash - Repurchase Agreement	₹116.14 Cr	5.21%
State Bank of India	Equity	₹84.05 Cr	3.77%
PNB Housing Finance Ltd	Equity	₹64.02 Cr	2.87%
Karur Vysya Bank Ltd	Equity	₹62.38 Cr	2.80%
ICICI Lombard General Insurance Co Ltd	Equity	₹53.69 Cr	2.41%
IndusInd Bank Ltd	Equity	₹51.26 Cr	2.30%
PB Fintech Ltd	Equity	₹48.9 Cr	2.20%
SBI Cards and Payment Services Ltd Ordinary Shares	Equity	₹47.07 Cr	2.11%
Home First Finance Co India Ltd ---	Equity	₹46.6 Cr	2.09%
AAVAS Financiers Ltd	Equity	₹45.33 Cr	2.04%
HDFC Life Insurance Company Limited	Equity	₹44.63 Cr	2.00%
Five-Star Business Finance Ltd	Equity	₹43.43 Cr	1.95%
Repco Home Finance Ltd	Equity	₹41.19 Cr	1.85%
Max Financial Services Ltd	Equity	₹40.33 Cr	1.81%
DCB Bank Ltd	Equity	₹39.74 Cr	1.78%
Bandhan Bank Ltd	Equity	₹39.74 Cr	1.78%
Aptus Value Housing Finance India Ltd	Equity	₹39.59 Cr	1.78%
RBL Bank Ltd	Equity	₹39.45 Cr	1.77%
Central Depository Services (India) Ltd	Equity	₹38.2 Cr	1.71%
SBFC Finance Ltd	Equity	₹38 Cr	1.71%
IDFC First Bank Ltd	Equity	₹35.33 Cr	1.59%
India Shelter Finance Corporation Ltd	Equity	₹35.07 Cr	1.57%
UTI Asset Management Co Ltd	Equity	₹35.02 Cr	1.57%
REC Ltd	Equity	₹28.9 Cr	1.30%
Piramal Enterprises Ltd	Equity	₹27.81 Cr	1.25%
Prudent Corporate Advisory Services Ltd	Equity	₹24.55 Cr	1.10%
Spandana Sphoorty Financial Ltd	Equity	₹21.19 Cr	0.95%
Fino Payments Bank Ltd	Equity	₹15.94 Cr	0.72%
Cash / Net Current Asset	Cash	₹6.98 Cr	0.31%
Equitas Small Finance Bank Ltd Ordinary Shares	Equity	₹6.8 Cr	0.31%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹2,104.25 Cr	94.47%

Risk & Performance Ratios

Fund Managers

Amey Sathe

Since October 2021

Additional Scheme Detailsas of 30th June 2024

ISIN

INF277K01Z10

Expense Ratio

0.47%

Exit Load

No Charges

Fund Size

₹2,227 Cr

Age

28 Dec 2015

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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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%	-	₹9.45 Cr	8.9%
Aditya Birla Sun Life Nifty Financial Services ETF Very High Risk	-	-	-	-
Nippon India ETF Nifty PSU Bank BeES Very High Risk	0.5%	-	₹2759.48 Cr	59.2%
Kotak Nifty PSU Bank ETF Very High Risk	0.5%	-	₹1477.69 Cr	59.3%
HDFC Nifty Bank ETF Very High Risk	0.2%	-	₹2535.06 Cr	11.8%
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%	-	₹274.29 Cr	11.7%
ICICI Prudential Banking and Financial Services Regular Growth Very High Risk	1.9%	1.0%	₹7671.24 Cr	18.8%
UTI Banking and Financial Services Fund Regular Growth Very High Risk	2.2%	1.0%	₹1140.83 Cr	19.3%
Nippon India Banking & Financial Services Fund Regular Growth Very High Risk	1.9%	1.0%	₹5932.60 Cr	22.7%

About the AMC

Tata Mutual Fund

+91 22 6657 8282

https://www.tatamutualfund.com/

Total AUM

₹1,55,659 Cr

Address

Mafatlal Centre, 9th Floor, Mumbai, 400 021

Other Funds by Tata Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Tata Silver ETF Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹43.42 Cr	-
Tata Gold ETF Fund of Fund Direct Growth High Risk	0.1%	0.0%	₹70.67 Cr	-
Tata Fixed Maturity Plan Series 56 Scheme G Direct Growth Low to Moderate Risk	-	0.0%	-	-
Tata Fixed Maturity Plan Series 56 Scheme H Direct Growth Low to Moderate Risk	-	0.0%	-	-
Tata Fixed Maturity Series E Direct Growth Low to Moderate Risk	-	0.0%	-	-
Tata Balanced Advantage Fund Direct Growth High Risk	0.4%	1.0%	₹9464.82 Cr	22.4%
Tata Ultra Short Term Fund Direct Growth Moderate Risk	0.4%	0.0%	₹2698.33 Cr	7.6%
Tata Business Cycle Fund Direct Growth Very High Risk	0.4%	1.0%	₹2572.74 Cr	48.4%
Tata Nifty India Digital ETF Fund of Fund Direct Growth Very High Risk	0.1%	1.0%	₹54.22 Cr	45.3%
Tata Nifty SDL Plus AAA PSU Bond Dec 2027 60: 40 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹858.21 Cr	7.4%
Tata Floating Rate Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹221.77 Cr	7.6%
Tata Small Cap Fund Direct Growth Very High Risk	0.3%	1.0%	₹7867.72 Cr	49.5%
Tata Large & Mid Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹7967.53 Cr	31.9%
Tata Mid Cap Growth Fund Direct Growth Very High Risk	0.7%	1.0%	₹4193.89 Cr	54.4%
Tata Hybrid Equity Fund Direct Growth Very High Risk	1.0%	1.0%	₹3917.01 Cr	24.9%
Tata Ethical Fund Direct Growth Very High Risk	0.7%	0.0%	₹2817.12 Cr	37.1%
Tata Gilt Securities Fund Direct Growth Moderate Risk	0.4%	0.0%	₹715.23 Cr	8.1%
Tata Equity P/E Fund Direct Growth Very High Risk	0.8%	1.0%	₹8483.97 Cr	49.0%
Tata Infrastructure Fund Direct Growth Very High Risk	1.2%	0.0%	₹2479.68 Cr	66.5%
Tata Treasury Advantage Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2564.50 Cr	7.5%
Tata Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹24331.85 Cr	7.8%
Tata Equity Savings Fund Direct Growth Low to Moderate Risk	0.5%	0.0%	₹155.98 Cr	16.6%
Tata Young Citizens Fund Direct Growth Very High Risk	2.2%	1.0%	₹363.23 Cr	32.4%
Tata Liquid Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹25804.31 Cr	7.4%
Tata Large Cap Fund Direct Growth Very High Risk	1.1%	1.0%	₹2315.94 Cr	35.0%
Tata Retirement Savings Moderate Fund Direct Growth Very High Risk	0.6%	1.0%	₹2107.27 Cr	33.0%
Tata Retirement Savings Conservative Fund Direct Growth Moderately High risk	1.0%	1.0%	₹174.60 Cr	15.5%
Tata Short Term Bond Fund Direct Growth Moderate Risk	0.4%	0.0%	₹2225.04 Cr	7.6%
Tata Retirement Savings Progressive Fund Direct Growth Very High Risk	0.6%	1.0%	₹2002.53 Cr	39.3%
Tata Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1571.53 Cr	7.9%
Tata India Consumer Fund Direct Growth Very High Risk	0.8%	0.0%	₹2100.91 Cr	39.2%
Tata Digital India Fund Direct Growth Very High Risk	0.4%	0.0%	₹10204.35 Cr	46.2%
Tata Banking & Financial Services Fund Direct Growth Very High Risk	0.5%	0.0%	₹2227.37 Cr	19.0%
Tata Resources & Energy Fund Direct Growth Very High Risk	0.7%	0.0%	₹716.53 Cr	47.1%
Tata India Pharma & Healthcare Fund Direct Growth Very High Risk	0.8%	0.0%	₹948.99 Cr	48.0%
TATA Nifty G-SEC Dec 2029 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹172.96 Cr	8.0%
Tata Multi Asset Opportunities Fund Direct Growth Very High Risk	0.4%	1.0%	₹3050.77 Cr	27.3%
Tata Flexi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹2909.58 Cr	33.6%
Tata Dividend Yield Fund Direct Growth Very High Risk	0.5%	1.0%	₹998.06 Cr	40.9%
Tata Housing Opportunities Fund Direct Growth Very High Risk	0.6%	1.0%	₹637.89 Cr	34.9%
Tata Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹11519.47 Cr	8.6%
Tata Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹207.53 Cr	7.0%
Tata Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹4581.43 Cr	6.8%
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹323.11 Cr	66.1%
Tata CRISIL IBX Gilt Index-April 2026 Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹1103.60 Cr	7.4%
Tata Multicap Fund Direct Growth Very High Risk	0.3%	1.0%	₹3160.02 Cr	31.0%
Tata Treasury Advantage Fund Segregated Portfolio 1 Direct Growth Low to Moderate Risk	-	0.0%	-	154.6%
Tata Medium Term Fund Segregated Portfolio 1 Direct Growth Moderate Risk	-	1.0%	-	187.2%
Tata Corporate Bond Fund Segregated Portfolio 1 Direct Growth Moderate Risk	-	0.0%	-	116.5%
TATA Nifty G-Sec Dec 2026 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹115.93 Cr	7.6%

Risk Level

Your principal amount will be at Very High Risk

Still got questions?
We're here to help.

What is the current NAV of Tata Banking & Financial Services Fund Direct Growth?

The NAV of Tata Banking & Financial Services Fund Direct Growth, as of 25-Jul-2024, is ₹43.35.

What are the returns of Tata Banking & Financial Services Fund Direct Growth?

The fund has generated 19.03% over the last 1 year and 16.92% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Tata Banking & Financial Services Fund Direct Growth?

The fund's allocation of assets is distributed as 94.47% in equities, 0.00% in bonds, and 5.53% in cash and cash equivalents.

Who manages the Tata Banking & Financial Services Fund Direct Growth?

The fund managers responsible for Tata Banking & Financial Services Fund Direct Growth are:-

Amey Sathe

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

;

©2021-2022 Dezerv. All Rights Reserved

Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.

Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.