Equity
Direct
Sector - Financial Services
NAV as on 06-09-2024
₹ 55.56
1D
Inception Returns
12.8%
/yr
Taurus Banking & Financial Services Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by . The fund could potentially beat inflation in the long-run.
Taurus Banking & Financial Services Fund Direct Growth has given a CAGR return of 12.77% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 21.82%, 14.16% and 16.24% respectively.
Taurus Banking & Financial Services Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, State Bank of India, Axis Bank Ltd, Bank of India
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 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
The primary objective of the Scheme is to generate capital appreciation through a portfolio that invests predominantly in equity and equity related instruments of Banking, Financial and Non Banking Financial Companies that form a part of the BFSI Sector.
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Taurus Banking & Financial Services Fund Direct Growth has no lock in period.
Expense ratio | 1.78% |
Benchmark | S&P BSE BANKEX INR |
AUM | ₹11 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 50.81% |
STCG | Redeeming 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 |
as on (06-Sep-24)
as on (31-Jul-24)
Top 2 Sectors in July were Financial Services, Tech
Taurus Banking & Financial Services Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.74% | 2.74% |
6 Month Returns | 6.11% | 6.11% |
1 Year Returns | 21.82% | 21.82% |
3 Years Returns | 48.79% | 14.16% |
5 Years Returns | 112.22% | 16.24% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Taurus Banking & Financial Services Fund Direct Growth | 6.38 | 2.17 | 2.49 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Taurus Banking & Financial Services Fund Direct Growth | 0.8 | 0.9 | 0.88 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Taurus Banking & Financial Services Fund Direct Growth | 1.32 | 0.61 | 0.54 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Taurus Banking & Financial Services Fund Direct Growth | 11.87 | 14.92 | 23.94 |