Groww Logo
Home>Mutual Funds>Tata Mutual Fund>Tata Banking and Financial Services Fund Direct Growth

Tata Banking and Financial Services Fund Direct Growth

Equity
Sectoral / Thematic
Very High Risk
7.09%
3Y annualised
+1.93% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 26 May 2022₹25.67
Min. SIP amount₹150
Rating4
Fund size₹946.66Cr

Returns and rankings

Category: Equity Sectoral / Thematic
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns-3.5%7.1%10.2%15.8%
Category average56.1%9.1%12.0%NA
Rank with in category1422NA
Understand terms

Holdings (28)

NameSectorInstrumentAssets
ICICI Bank Ltd.FinancialEquity15.4%
HDFC Bank Ltd.FinancialEquity13.7%
Axis Bank Ltd.FinancialEquity8.8%
State Bank of IndiaFinancialEquity7.7%
Housing Development Finance Corpn. Ltd.FinancialEquity7.4%
Kotak Mahindra Bank Ltd.FinancialEquity6.8%
SBI Cards & Payments Services Ltd.FinancialEquity3.5%
HDFC Life Insurance Co Ltd.InsuranceEquity2.8%
SBI Life Insurance Company Ltd.InsuranceEquity2.7%
ICICI Lombard General Insurance Company Ltd.InsuranceEquity2.6%
See All

Pros and cons

Category: Equity Sectoral / Thematic

Pros

3Y annualised returns higher than category average by 1.56%
Higher alpha: 3.53 The fund has generated returns higher than benchmark - NIFTY Financial Services TRI - in the last 3Y
Lower expense ratio: 0.81%

Cons

1Y and 5Y annualised returns lower than category average

Expense ratio, exit load and tax

Expense ratio: 0.68%

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₹150

Fund house & investment objective

Fund house contact details

Address
9th Floor, Mafatlal Centre,Nariman Point, Mumbai 400021
Phone
1800-209-0101
Launch Date
30 Jun 1995
Website
NA
Amc Image
Tata Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

Compare funds

Tata Banking and Financial Services Fund Direct Growth
VS
Add mutual fund to compare

FAQs

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 -3.54% 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 0.68% as of 28 May 2022...

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 ₹946.66Cr as of 28 May 2022.

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.

Can I invest in SIP and Lump Sum of Tata Banking and Financial Services Fund Direct Growth?

You can select either SIP or Lumpsum investment of Tata Banking and Financial Services Fund Direct Growth based on your investment objective and risk tolerance.

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

The NAV of Tata Banking and Financial Services Fund Direct Growth is ₹25.67 as of 26 May 2022.

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).

Loading...
ⓒ 2016-2022 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 2.4.0
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  ICICI PRUDENTIAL |  HDFC |  NIPPON INDIA |  ADITYA BIRLA SUN LIFE |  SBI |  UTI |  FRANKLIN TEMPLETON |  KOTAK MAHINDRA |  IDFC |  DSP |  AXIS |  TATA |  L&T |  SUNDARAM |  PGIM |  INVESCO |  LIC |  JM FINANCIAL |  BARODA PIONEER |  CANARA ROBECO |  HSBC |  IDBI |  INDIABULLS |  MOTILAL OSWAL |  BNP PARIBAS |  MIRAE ASSET |  PRINCIPAL |  BOI AXA |  UNION KBC |  TAURUS |  EDELWEISS |  NAVI |  MAHINDRA |  QUANTUM |  PPFAS |  IIFL |  Quant |  SHRIRAM |  SAHARA |  ITI