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Home>Mutual Funds>Tata Mutual Fund>Tata Banking and Financial Services Fund Direct IDCW

Tata Banking and Financial Services Fund Direct IDCW

Equity
Sectoral / Thematic
Very High Risk
Payout
16.34%
3Y annualised
-0.70% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 19 Jan 2022₹28.71
Min. SIP amount₹500
Rating4
Fund size₹854.37Cr

Returns and rankings

Category: Equity Sectoral / Thematic
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns15.3%16.3%17.5%19.0%
Category average56.1%9.1%12.0%NA
Rank with in category1222NA
Understand terms

Holdings (24)

NameSectorInstrumentAssets
FinancialEquity17.0%
FinancialEquity16.2%
FinancialEquity9.6%
FinancialEquity9.1%
FinancialEquity7.9%
FinancialEquity7.6%
FinancialEquity4.3%
FinancialEquity3.4%
FinancialEquity3.3%
FinancialEquity3.1%
See All

Pros and cons

Category: Equity Sectoral / Thematic

Pros

3Y and 5Y annualised returns higher than category average
Higher alpha: 4.52 The fund has generated returns higher than benchmark - NIFTY Financial Services TRI - in the last 3Y
Lower expense ratio: 0.87%

Cons

1Y annualised returns lower than category average by 39.45%

Expense ratio, exit load and tax

Expense ratio: 0.85%

Inclusive of GST

Exit load

Exit load of 0.25% if redeemed within 30 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund house & investment objective

Fund house contact details

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