Dezerv

Fund Overview

Fund Size

Fund Size

₹35 Cr

Expense Ratio

Expense Ratio

0.34%

ISIN

ISIN

INF277KA1BA6

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

26 Apr 2024

About this fund

This fund has been in existence for 1 months and 27 days, having been launched on 26-Apr-24.
As of 21-Jun-24, it has a Net Asset Value (NAV) of ₹10.77, Assets Under Management (AUM) of 34.81 Crores, and an expense ratio of 0.34%.
  • Tata Nifty Financial Services Index Fund Direct Growth has given a CAGR return of 7.73% since inception.
  • The fund's asset allocation comprises around 99.40% in equities, 0.00% in debts, and 0.60% in cash & cash equivalents.
  • You can start investing in Tata Nifty Financial Services Index 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.

Since Inception

+7.73%

(Cat Avg.)

Portfolio Summaryas of 31st May 2024

Equity34.6 Cr99.40%
Others0.21 Cr0.60%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity10.93 Cr31.41%
ICICI Bank LtdEquity7.47 Cr21.46%
Axis Bank LtdEquity3.13 Cr8.99%
State Bank of IndiaEquity3.02 Cr8.69%
Kotak Mahindra Bank LtdEquity2.35 Cr6.74%
Bajaj Finance LtdEquity1.77 Cr5.07%
Bajaj Finserv LtdEquity0.78 Cr2.24%
Power Finance Corp LtdEquity0.67 Cr1.93%
REC LtdEquity0.63 Cr1.80%
Shriram Finance LtdEquity0.62 Cr1.77%
SBI Life Insurance Company LimitedEquity0.59 Cr1.69%
HDFC Life Insurance Company LimitedEquity0.55 Cr1.57%
Cholamandalam Investment and Finance Co LtdEquity0.48 Cr1.38%
ICICI Lombard General Insurance Co LtdEquity0.38 Cr1.09%
HDFC Asset Management Co LtdEquity0.37 Cr1.05%
ICICI Prudential Life Insurance Company LimitedEquity0.2 Cr0.57%
SBI Cards and Payment Services Ltd Ordinary SharesEquity0.19 Cr0.55%
Cash / Net Current AssetCash0.19 Cr0.54%
LIC Housing Finance LtdEquity0.18 Cr0.52%
Muthoot Finance LtdEquity0.17 Cr0.48%
IDFC LtdEquity0.14 Cr0.39%
A) RepoCash - Repurchase Agreement0.02 Cr0.06%

Allocation By Market Cap (Equity)

Large Cap Stocks

96.96%

Mid Cap Stocks

2.05%

Small Cap Stocks

0.40%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services34.6 Cr99.40%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

KM

Kapil Menon

Since April 2024

Additional Scheme Detailsas of 31st May 2024

ISININF277KA1BA6Expense Ratio0.34%Exit LoadNo ChargesFund Size₹35 CrAge26 Apr 2024Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty Financial Services TR INR

Investment ObjectiveInvestment 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 Index Funds Funds

Fund nameExpense RatioExit LoadFund size
1Y
ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹436.55 Cr55.3%
ICICI Prudential Nifty Midcap 150 Index Fund Regular Growth

Very High Risk

0.9%0.0%₹436.55 Cr54.3%
ICICI Prudential Nifty 200 Momentum 30 Index Fund Regular Growth

Very High Risk

1.0%0.0%₹264.53 Cr66.0%
SBI Nifty Midcap 150 Index Fund Regular Growth

Very High Risk

1.0%0.0%₹445.99 Cr54.7%
DSP Nifty 50 Equal Weight Index Fund Regular Growth

Very High Risk

1.0%0.0%₹1408.53 Cr34.8%
SBI Nifty Smallcap 250 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹746.91 Cr61.9%
SBI Nifty Midcap 150 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹445.99 Cr55.6%
ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹264.53 Cr67.0%
DSP Nifty 50 Equal Weight Index Fund Direct Growth

Very High Risk

0.4%0.0%₹1408.53 Cr35.5%
SBI Nifty Smallcap 250 Index Fund Regular Growth

Very High Risk

1.0%0.0%₹746.91 Cr60.9%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
Wealth Monitor

Unlock Expert Insights!

Maximise Returns with our Wealth Monitor App. Try it now!

Still got questions?
We're here to help.

The NAV of Tata Nifty Financial Services Index Fund Direct Growth, as of 21-Jun-2024, is ₹10.77.
The fund's allocation of assets is distributed as 99.40% in equities, 0.00% in bonds, and 0.60% in cash and cash equivalents.
The fund managers responsible for Tata Nifty Financial Services Index Fund Direct Growth are:-
  1. Kapil Menon