How to Invest in Tata Banking and Financial Services Fund Direct Growth?

You can easily invest in Tata Banking and Financial Services Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Tata Banking and Financial Services Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Tata Banking and Financial Services Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Tata Banking and Financial Services Fund Direct Growth provide?

The Tata Banking and Financial Services Fund Direct Growth has been there from 28 Dec 2015 and the average annual returns provided by this fund is 20.24% since its inception.

How much expense ratio is charged by Tata Banking and Financial Services Fund Direct Growth?

The term Expense Ratio used for Tata Banking and Financial Services Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Tata Banking and Financial Services Fund Direct Growth is 0.51% as of 21 Jan 2026...

What is the AUM of Tata Banking and Financial Services Fund Direct Growth?

The AUM, short for Assets Under Management of Tata Banking and Financial Services Fund Direct Growth is ₹3,225.32Cr as of 21 Jan 2026.

How to Redeem Tata Banking and Financial Services Fund Direct Growth?

If you want to sell your Tata Banking and Financial Services Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

What is the PE and PB ratio of Tata Banking and Financial Services Fund Direct Growth?

The PE ratio ratio of Tata Banking and Financial Services Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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Tata Banking and Financial Services Fund Direct Growth

Name: Tata Banking and Financial Services Fund Direct Growth
Brand: Tata Mutual Fund

Equity

Sectoral

Very High Risk

+17.56%

3Y annualised

-0.97% 1D

All

NAV: 20 Jan '26

₹52.31

Min. SIP amount

₹100

Fund size

₹3,225.32 Cr

Expense ratio

0.51%

Return calculator

Monthly SIP

One time

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Returns
1 year	₹60,000	₹64,746	+7.91%
3 years	₹1,80,000	₹2,29,137	+27.30%
5 years	₹3,00,000	₹4,56,331	+52.11%
10 years	₹6,00,000	₹14,20,197	+136.70%

Holdings (30)

Name	Sector	Instruments	Assets
HDFC Bank Ltd.	Financial	Equity	18.44%
ICICI Bank Ltd.	Financial	Equity	15.61%
Axis Bank Ltd.	Financial	Equity	8.54%
State Bank of India	Financial	Equity	8.13%
Bajaj Finserv Ltd.	Financial	Equity	3.23%
Bank Of Baroda	Financial	Equity	3.03%
Kotak Mahindra Bank Ltd.	Financial	Equity	2.87%
Bajaj Finance Ltd.	Financial	Equity	2.75%
Canara HSBC Life Insurance Company Ltd.	Insurance	Equity	2.47%
ICICI Lombard General Insurance Company Ltd.	Insurance	Equity	2.43%
One97 Communications Ltd.	Services	Equity	2.42%
PNB Housing Finance Ltd.	Financial	Equity	2.21%
HDFC Life Insurance Co Ltd.	Insurance	Equity	2.09%
SBI Cards And Payment Services Ltd.	Financial	Equity	2.00%
Indusind Bank Ltd.	Financial	Equity	1.97%
City Union Bank Ltd.	Financial	Equity	1.89%
SBI Life Insurance Company Ltd.	Insurance	Equity	1.83%
Five-Star Business Finance Ltd.	Financial	Equity	1.62%
DCB Bank Ltd.	Financial	Equity	1.54%
Max Financial Services Ltd.	Financial	Equity	1.38%
Aavas Financiers Ltd.	Financial	Equity	1.34%
Star Health and Allied Insurance Company Ltd.	Insurance	Equity	1.34%
Home First Finance Company India Ltd.	Financial	Equity	1.33%
Motilal Oswal Financial Services Ltd.	Financial	Equity	1.23%
IDFC First Bank Ltd.	Financial	Equity	1.14%
Repco Home Finance Ltd.	Financial	Equity	1.06%
Tata Capital Ltd.	Financial	Equity	1.02%
HDB Financial Services Ltd.	Financial	Equity	0.95%
Billionbrains Garage Ventures Ltd.	Financial	Equity	0.58%
ICICI Prudential Asset Management Company Ltd.	Financial	Equity	0.35%

See All

Minimum investments

Min. for 1st investment

₹5,000

Min. for 2nd investment

₹1,000

Min. for SIP

₹100

Returns and rankings

Annualised returns

Absolute returns

Name	3Y	5Y	10Y	All
Fund returns	+17.6%	+15.9%	+18.6%	+17.9%
Category average (Equity Sectoral)	+14.4%	+16.1%	+13.7%	--
Rank (Equity Sectoral)	9	6	3	--

Exit load, stamp duty and tax

Exit load

Exit load of 0.25% if redeemed within 30 days.

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Check past data

Fund management

KM
Kapil Malhotra
Oct 2025 - Present
View details

Education

Mr.Malhotra has done B.Sc(Hons.) in Business and Administration and MBA(PGPEM)

Experience

Prior to joining Tata Mutual Fund, he has worked with Trust Financial Consultancy Services Pvt Ltd., Avvanti Advisors Pvt. Ltd.and SHK India Pvt Ltd

Also manages these schemes

Tata Large & Mid Cap Fund Direct Plan Growth

Tata Housing Opportunities Fund Direct Growth

Tata Banking and Financial Services Fund Direct Growth

About Tata Banking and Financial Services Fund Direct Growth

Tata Banking and Financial Services Fund Direct Growth is a Equity Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Kapil Malhotra is the Current Fund Manager of Tata Banking and Financial Services Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,16,851 Cr and the Latest NAV as of 20 Jan 2026 is ₹52.31. The Tata Banking and Financial Services Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.25% if redeemed within 30 days. ;

Investment Objective

The scheme seeks 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.

Fund benchmarkNIFTY Financial Services Total Return Index

Scheme Information Document(SID)