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Fund Overview

Fund Size

Fund Size

₹11 Cr

Expense Ratio

Expense Ratio

1.68%

ISIN

ISIN

INF044D01CN2

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

About this fund

Taurus Banking & Financial Services Fund Direct Growth is a Sector - Financial Services mutual fund schemes offered by Taurus Mutual Fund. This fund has been in existence for 11 years, 6 months and 19 days, having been launched on 01-Jan-13.
As of 19-Jul-24, it has a Net Asset Value (NAV) of ₹56.75, Assets Under Management (AUM) of 11.20 Crores, and an expense ratio of 1.68%.
  • Taurus Banking & Financial Services Fund Direct Growth has given a CAGR return of 13.14% since inception.
  • The fund's asset allocation comprises around 98.16% in equities, 0.00% in debts, and 1.84% in cash & cash equivalents.
  • You can start investing in Taurus Banking & Financial Services Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

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

+21.60%

+23.26% (Cat Avg.)

3 Years

+17.28%

+17.29% (Cat Avg.)

5 Years

+15.36%

+14.14% (Cat Avg.)

10 Years

+13.80%

+12.75% (Cat Avg.)

Since Inception

+13.14%

(Cat Avg.)

Portfolio Summaryas of 30th June 2024

Equity10.99 Cr98.16%
Others0.21 Cr1.84%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity2.16 Cr19.33%
ICICI Bank LtdEquity2.02 Cr18.00%
State Bank of IndiaEquity1.41 Cr12.56%
Axis Bank LtdEquity1.15 Cr10.30%
Kotak Mahindra Bank LtdEquity0.71 Cr6.31%
Bank of IndiaEquity0.69 Cr6.19%
IndusInd Bank LtdEquity0.39 Cr3.45%
The Federal Bank LtdEquity0.3 Cr2.70%
Bajaj Holdings and Investment LtdEquity0.3 Cr2.64%
CreditAccess Grameen Ltd Ordinary SharesEquity0.27 Cr2.37%
Prudent Corporate Advisory Services LtdEquity0.25 Cr2.26%
Canara BankEquity0.23 Cr2.01%
Net Receivable / PayableCash - Collateral0.21 Cr1.84%
Computer Age Management Services Ltd Ordinary SharesEquity0.19 Cr1.73%
UTI Asset Management Co LtdEquity0.19 Cr1.69%
Union Bank of IndiaEquity0.18 Cr1.62%
Cholamandalam Investment and Finance Co LtdEquity0.18 Cr1.59%
IDFC First Bank LtdEquity0.13 Cr1.19%
CARE Ratings LtdEquity0.13 Cr1.17%
SBI Life Insurance Company LimitedEquity0.12 Cr1.06%

Allocation By Market Cap (Equity)

Large Cap Stocks

78.86%

Mid Cap Stocks

12.45%

Small Cap Stocks

6.86%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services10.8 Cr96.44%
Technology0.19 Cr1.73%

Risk & Performance Ratios

Standard Deviation

This fund

15.17%

Cat. avg.

16.57%

Lower the better

Sharpe Ratio

This fund

0.76

Cat. avg.

0.55

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.98

Higher the better

Fund Managers

Anuj Kapil

Anuj Kapil

Since June 2023

Additional Scheme Detailsas of 30th June 2024

ISIN
INF044D01CN2
Expense Ratio
1.68%
Exit Load
No Charges
Fund Size
₹11 Cr
Age
01 Jan 2013
Lumpsum Minimum
₹500
Fund Status
Open Ended Investment Company
Benchmark
BSE BANKEX 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 Sector - Financial Services Funds

Fund nameExpense RatioExit LoadFund size
1Y
Tata Nifty Private Bank ETF

Very High Risk

0.1%-₹9.45 Cr12.3%
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 Cr61.9%
Kotak Nifty PSU Bank ETF

Very High Risk

0.5%-₹1477.69 Cr62.0%
HDFC Nifty Bank ETF

Very High Risk

0.2%-₹2535.06 Cr15.2%
ICICI Prudential Nifty Private Banks ETF

Very High Risk

0.1%-₹1911.12 Cr14.1%
Axis NIFTY Bank ETF

Very High Risk

0.2%-₹274.29 Cr15.2%
ICICI Prudential Banking and Financial Services Regular Growth

Very High Risk

1.9%1.0%₹7671.24 Cr20.7%
UTI Banking and Financial Services Fund Regular Growth

Very High Risk

2.2%1.0%₹1140.83 Cr22.1%
Nippon India Banking & Financial Services Fund Regular Growth

Very High Risk

1.9%1.0%₹5932.60 Cr25.0%

About the AMC

Total AUM

₹799 Cr

Address

Ground Floor, AML Centre-1, Mumbai, 400 093

Other Funds by Taurus Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Taurus Banking & Financial Services Fund Direct Growth

Very High Risk

1.7%0.0%₹11.20 Cr21.6%
Taurus Largecap Equity Fund Direct Growth

Very High Risk

2.5%1.0%₹48.78 Cr40.1%
Taurus Ethical Fund Direct Growth

Very High Risk

1.2%1.0%₹198.19 Cr45.3%
Taurus Discovery (Midcap) Fund Direct Growth

Very High Risk

2.2%1.0%₹131.99 Cr40.3%
Taurus Infrastructure Fund Direct Growth

Very High Risk

2.0%0.0%₹9.97 Cr53.7%
Taurus Nifty 50 Index Fund Direct Growth

Very High Risk

0.8%0.0%₹4.03 Cr23.5%
Taurus Tax shield Direct Growth

Very High Risk

1.8%0.0%₹77.95 Cr36.1%
Taurus Flexi Cap Fund Direct Growth

Very High Risk

2.6%1.0%₹369.03 Cr42.6%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Taurus Banking & Financial Services Fund Direct Growth, as of 19-Jul-2024, is ₹56.75.
The fund has generated 21.60% over the last 1 year and 17.28% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 98.16% in equities, 0.00% in bonds, and 1.84% in cash and cash equivalents.
The fund managers responsible for Taurus Banking & Financial Services Fund Direct Growth are:-
  1. Anuj Kapil