Tata Banking & Financial Services Fund Direct Growth
NAV as on 15-04-2025
₹ 46.67
▲2.7%
1D
Inception Returns
18%
/yr
Historical NAV & Returns
Absolute
▲
▼
1624 people have invested ₹ 1.8Cr in Tata Banking & Financial Services Fund Direct Growth in the last three months
About Tata Banking & Financial Services Fund Direct Growth
Tata Banking & Financial Services Fund Direct Growth is an equity fund. This fund was started on 28 December, 2015. The fund is managed by Amey Sathe. The fund could potentially beat inflation in the long-run.
Key Parameters
- Tata Banking & Financial Services Fund Direct Growth has ₹2548 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
- The fund has an expense ratio 0.5.
Returns
Tata Banking & Financial Services Fund Direct Growth has given a CAGR return of 18.02% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 17.77%, 18.89% and 24.81% respectively.
Holdings
Tata Banking & Financial Services Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech. Its top holdings are HDFC Bank Ltd, Kotak Mahindra Bank Ltd, Axis Bank Ltd, ICICI Bank Ltd, SBI Cards and Payment Services Ltd Ordinary Shares
Taxation
As it is a sector - financial services mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Tata Banking & Financial Services Fund Direct Growth
The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies in the Banking and Financial Services sector in India.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Tata Banking & Financial Services Fund Direct Growth has no lock in period.
Tata Banking & Financial Services Fund Direct Growth Overview
| Expense ratio | 0.53% |
Benchmark | Nifty Financial Services TR INR |
| AUM | ₹2548 Cr |
| Inception Date | 28 December, 2015 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 21.1% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
INDmoney Rank for Tata Banking & Financial Services Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
3Y returns in the top 25% of the category
Lower expense ratio
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Trailing Returns
as on (15-Apr-25)
Fund Distribution
as on (31-Mar-25)
Large cap
58.9%
Small cap
22.3%
Mid cap
13.8%
Sector Allocation
Financial Services
98.1%
Tech
1.9%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 7.33% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund outperformed Nifty 500 by 0.08% in Mar'25
- AUM of the fund stands at 2.5K Cr as of Mar'25
- AUM increased by 263.6 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Kotak Mahindra Bank Ltd's allocation increased from 9.58% to 9.8%
AAVAS Financiers Ltd's allocation increased from 1.8% to 2%
AU Small Finance Bank Ltd's allocation increased from 1.49% to 1.68%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 24.26 % to 22.96 %
Axis Bank Ltd's allocation decreased from 8.89 % to 8.82 %
SBI Cards and Payment Services Ltd Ordinary Shares's allocation decreased from 3.23 % to 3.04 %
Small Cap allocation has gone down from 23.8% to 22.3%
Mid Cap allocation has gone down from 14.9% to 13.8%
Large Cap allocation has gone down from 60% to 58.9%
Cash allocation has gone up from 1.3% to 5%
Top 2 Sectors in March were Financial Services, Tech
Mar'25
Financial Services
98%
Tech
2%
Feb'25
Financial Services
98%
Tech
2%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 22.96% | 0% | |
 Kotak Mahindra Bank Ltd | 9.8% | 0% | |
 Axis Bank Ltd | 8.82% | 2% | |
 ICICI Bank Ltd | 8.81% | 0% | |
 SBI Cards and Payment Services Ltd Ordinary Shares | 3.04% | 0% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Tata Banking & Financial Services Fund Direct Growth | 17.77% | 18.89% | 24.81% | 18.02% |
 SBI Banking & Financial Services Direct Growth | 17.46% | 17.61% | 25.7% | 15.55% |
 Mirae Asset Banking and Financial Services Fund Direct Growth | 15.71% | 17.25% | - | 17.79% |
 ICICI Prudential Banking and Financial Services Fund Direct Plan Growth | 15.16% | 14.76% | 25.69% | 15.74% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 Kotak Mahindra Bank Ltd | 5.9% |
 HDFC Bank Ltd | 5.6% |
 ICICI Bank Ltd | 3.4% |
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Amey Sathe
Fund Manager of Tata Banking & Financial Services Fund Direct Growth, since 14 October 2021
Top funds managed
Fund House
Tata Asset Management Limited
Total Schemes
Total AUM
₹1.85L Cr
as on 31-Mar-2025
Address
Tata Asset Management Private Limited,Mafatlal Centre, 9th Floor,,Nariman Point,,India
Phone
+912266578282
Website
kiran@tataamc.com
Mutual Fund Insights
Over the last 3 months, this fund has increased expense ratio by 23.3% moving from 0.43 to 0.53.
In the last 5 years, Nippon India Banking & Financial Services Fund Direct Plan - Growth has given 30.12% return, outperforming this fund by 5.31% per annum.
Over the last 1 month, this fund has experienced a 11.5% growth in AUM moving from 2.28K Cr to 2.54K Cr.
In the last 3 years, Sundaram Financial Services Opportunities Fund Direct Plan Growth Option has given 19.91% return, outperforming this fund by 1.02% per annum.
This fund expense ratio is slightly on the lower side within the category (sector - financial services). Its expense ratio is 0.53% which is lower than the category average expense ratio of 1.08%.
In the last 1 year, DSP Banking & Financial Services Fund Direct Growth has given 23.89% return, outperforming this fund by 6.12%.
Tata Banking & Financial Services Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 18.02% since inception which is more than its category average return of 13.5%
Fund Allocations
This fund has an allocation of 94.97% in Equity, 0% in Debt and 5.03% in Cash related instruments
AUM size ₹2548 Cr
This fund has AUM of ₹2548 Cr which is more than its category average of ₹ 1926 Cr
Expense Ratio 0.53%
This fund has an expense ratio of 0.53% which is less than its category average expense ratio of 1.33%
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5Y CAGR
▲ 36.67
5Y CAGR
▲ 23.79
5Y CAGR
▲ 31.80
3Y CAGR
▲ 18.85
5Y CAGR
▲ 26.89
Frequently Asked Questions for Tata Banking & Financial Services Fund Direct Growth
The current NAV of Tata Banking & Financial Services Fund Direct Growth is ₹46.67 as on 15-Apr-2025.
Existing (Absolute + CAGR) as on 15-Apr-2025.
Tata Banking & Financial Services Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 10.07% | 10.07% |
6 Month Returns | 1.13% | 1.13% |
1 Year Returns | 17.77% | 17.77% |
3 Years Returns | 68.06% | 18.89% |
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0.53% as on March 2025
₹2548 Cr as on March 2025
HDFC Bank Ltd(22.96%), Kotak Mahindra Bank Ltd(9.8%), Axis Bank Ltd(8.82%), ICICI Bank Ltd(8.81%), SBI Cards and Payment Services Ltd Ordinary Shares(3.04%) as on March 2025
The alpha ratio for the Tata Banking & Financial Services Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Tata Banking & Financial Services Fund Direct Growth | -2.31 | 4.65 | 3.19 |
As on March 2025
The alpha for Tata Banking & Financial Services Fund Direct Growth is calculated against Nifty Financial Services TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Tata Banking & Financial Services Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Tata Banking & Financial Services Fund Direct Growth | 1.04 | 0.92 | 0.87 |
As on March 2025
The Beta for Tata Banking & Financial Services Fund Direct Growth is calculated with Nifty Financial Services TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Tata Banking & Financial Services Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Tata Banking & Financial Services Fund Direct Growth | 0.78 | 0.84 | 1 |
As on March 2025
The sharpe ratio for Tata Banking & Financial Services Fund Direct Growth is calculated with Nifty Financial Services TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Tata Banking & Financial Services Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Tata Banking & Financial Services Fund Direct Growth | 14.32 | 14.6 | 18.27 |
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.8 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.82 as on March 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
Amey Sathe is the fund manager of Tata Banking & Financial Services Fund Direct Growth
The Exit load of Tata Banking & Financial Services Fund Direct Growth is 0.25%