Taurus Banking & Financial Services Fund Direct IDCW - Latest NAV[38.22], MF Performance & Returns 2022

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Taurus Banking & Financial Services Fund Direct IDCW
Equity
Sectoral / Thematic
Very High Risk
Payout
15.22%
3Y annualised
-0.90% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 19 Jan 2022₹38.22
Min. SIP amount₹1,000
Rating3
Fund size₹8.92Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity Sectoral / Thematic
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns17.0%15.2%16.6%12.0%
Category average56.1%9.1%12.0%NA
Rank with in category854NA
Understand terms
Holdings (16)NameSectorInstrumentAssets
ICICI Bank Ltd.
FinancialEquity23.9%
HDFC Bank Ltd.
FinancialEquity19.5%
Kotak Mahindra Bank Ltd.
FinancialEquity14.2%
State Bank of India
FinancialEquity9.4%
Housing Development Finance Corpn. Ltd.
FinancialEquity4.8%
Bajaj Finance Ltd.
FinancialEquity4.2%
Motilal Oswal Financial Services Ltd
FinancialEquity4.0%
Axis Bank Ltd.
FinancialEquity3.7%
Crisil Ltd.
ServicesEquity3.7%
Cholamandalam Investment & Finance Company Ltd.
FinancialEquity2.9%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Equity Sectoral / Thematic
Pros
3Y and 5Y annualised returns higher than category average
Higher alpha: 2.78
The fund has generated returns higher than benchmark - S&P BSE Bankex TRI - in the last 3Y 
Lower expense ratio: 1.68%
Cons
Lower AUM: 9Cr.
Funds with lower AUM tend to have higher expense ratio
1Y annualised returns lower than category average by 38.46%
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
30 Nov 2021 - Present
1.68%
31 Oct 2021 - 30 Nov 2021
1.68%
30 Sep 2021 - 31 Oct 2021
1.68%
31 Aug 2021 - 30 Sep 2021
1.68%
31 Jul 2021 - 31 Aug 2021
1.68%
30 Jun 2021 - 31 Jul 2021
1.68%
31 May 2021 - 30 Jun 2021
1.68%
30 Apr 2021 - 31 May 2021
1.68%
31 Mar 2021 - 30 Apr 2021
1.51%
28 Feb 2021 - 31 Mar 2021
1.51%
31 Jan 2021 - 28 Feb 2021
1.51%
31 Dec 2020 - 31 Jan 2021
1.51%
30 Nov 2020 - 31 Dec 2020
1.52%
31 Oct 2020 - 30 Nov 2020
1.52%
30 Sep 2020 - 31 Oct 2020
1.80%
31 Aug 2020 - 30 Sep 2020
1.46%
31 Jul 2020 - 31 Aug 2020
1.46%
30 Jun 2020 - 31 Jul 2020
2.16%
31 May 2020 - 30 Jun 2020
2.16%
30 Apr 2020 - 31 May 2020
2.16%
31 Mar 2020 - 30 Apr 2020
2.16%
29 Feb 2020 - 31 Mar 2020
1.53%
31 Jan 2020 - 29 Feb 2020
1.53%
31 Dec 2019 - 31 Jan 2020
1.53%
30 Nov 2019 - 31 Dec 2019
1.53%
31 Oct 2019 - 30 Nov 2019
1.53%
30 Sep 2019 - 31 Oct 2019
1.53%
31 Aug 2019 - 30 Sep 2019
1.53%
31 Jul 2019 - 31 Aug 2019
1.53%
30 Jun 2019 - 31 Jul 2019
1.91%
31 May 2019 - 30 Jun 2019
1.79%
30 Apr 2019 - 31 May 2019
1.79%
31 Mar 2019 - 30 Apr 2019
2.08%
28 Feb 2019 - 31 Mar 2019
2.08%
31 Jan 2019 - 28 Feb 2019
2.14%
31 Dec 2018 - 31 Jan 2019
1.85%
30 Nov 2018 - 31 Dec 2018
1.85%
31 Oct 2018 - 30 Nov 2018
1.85%
30 Sep 2018 - 31 Oct 2018
1.96%
31 Aug 2018 - 30 Sep 2018
1.96%
31 Jul 2018 - 31 Aug 2018
1.96%
30 Jun 2018 - 31 Jul 2018
1.96%
31 May 2018 - 30 Jun 2018
1.82%
30 Apr 2018 - 31 May 2018
1.82%
31 Mar 2018 - 30 Apr 2018
1.82%
28 Feb 2018 - 31 Mar 2018
1.82%
31 Jan 2018 - 28 Feb 2018
1.82%
31 Dec 2017 - 31 Jan 2018
1.82%
30 Nov 2017 - 31 Dec 2017
1.82%
31 Oct 2017 - 30 Nov 2017
1.82%
Expense ratio, exit load and taxExpense ratio: 1.68%Inclusive of GST
Exit loadExit load of 0.5%, if redeemed within 7 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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 amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000
Fund managementPrasanna Pathak
Jul 2017 - Present
View details
Education
Mr. Pathak is B.Tech and MBA in Finance.
Experience
Prior to joining Taurus Mutual Fund, he had worked as Asst.Fund Manager and Equity Analyst in the Department of Fund Management with UTI AMC for more than 4 yrs. and with HLL-Unilever for about 2 yrs. as All India Officer.
Also manages these schemes
Taurus Flexi Cap Fund Regular Growth
Taurus Discovery (Midcap) Fund Regular Growth
Taurus Tax Shield Regular Growth
Taurus Largecap Equity Fund Regular Growth
Taurus Infrastructure Fund Regular Growth
Taurus Infrastructure Fund Regular IDCW
Taurus Tax Shield Regular IDCW
Taurus Largecap Equity Fund Regular IDCW
Taurus Flexi Cap Fund Regular IDCW
Taurus Discovery (Midcap) Fund Regular IDCW
Taurus Ethical Fund Regular Growth
Taurus Ethical Fund Regular IDCW
Taurus Ethical Fund Regular Bonus
Taurus Nifty Index Fund Regular Growth
Taurus Nifty Index Fund Regular IDCW
Taurus Banking & Financial Services Fund Regular Growth
Taurus Banking & Financial Services Fund Regular IDCW
Taurus Tax Shield Direct Growth
Taurus Tax Shield Direct IDCW
Taurus Banking & Financial Services Fund Direct Growth
Taurus Banking & Financial Services Fund Direct IDCW
Taurus Largecap Equity Fund Direct Growth
Taurus Largecap Equity Fund Direct IDCW
Taurus Discovery (Midcap) Fund Direct Growth
Taurus Discovery (Midcap) Fund Direct IDCW
Taurus Ethical Fund Direct Growth
Taurus Ethical Fund Direct IDCW
Taurus Ethical Fund Direct Bonus
Taurus Infrastructure Fund Direct Growth
Taurus Infrastructure Fund Direct IDCW
Taurus Nifty Index Fund Direct Growth
Taurus Nifty Index Fund Direct IDCW
Taurus Flexi Cap Fund Direct Growth
Taurus Flexi Cap Fund Direct IDCW
Fund house & investment objective
Taurus Mutual Fund
Rank (total assets)#37 in India
Total AUM₹472.24Cr
Date of Incorporation20 Aug 1993
 Taurus Banking & Financial Services Fund Direct IDCW is a Equity Mutual Fund Scheme launched by Taurus Mutual Fund. This scheme was made avail
 Taurus Banking & Financial Services Fund Direct IDCW is a Equity Mutual Fund Scheme launched by Taurus Mutual Fund. This scheme was made available to investors on 20 Aug 1993. Prasanna Pathak is the Current Fund Manager of Taurus Banking & Financial Services Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹472 Cr and the Latest NAV as of 19 Jan 2022 is ₹38.22.
The Taurus Banking & Financial Services Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 0.5%, if redeemed within 7 days.
...Read more
Investment Objective
The scheme seeks to generate capital appreciation through a portfolio that invests predominantly in equity and equity related instruments of Banking, 
The scheme seeks 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 part of the BFSI Sector.
...Read more
Fund benchmarkS&P BSE Bankex TRI
Scheme Information Document(SID)
Fund house contact details
Address
Ground Floor,AML Centre-1,8 Mahal Industrial Estate Mahakali Caves Rd., Andheri(E) Mumbai - 400093
Phone
022-66242700
Launch Date
20 Aug 1993
E-mail
[email protected]
Website
NA
Taurus Mutual Fund
Asset Management Company
Custodian
SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
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FAQsHow to Invest in Taurus Banking & Financial Services Fund Direct IDCW
You can easily invest in Taurus Banking & Financial Services Fund Direct IDCW 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 Taurus Banking & Financial Services Fund Direct IDCW 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 Taurus Banking & Financial Services Fund Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does Taurus Banking & Financial Services Fund Direct IDCW provide?
The Taurus Banking & Financial Services Fund Direct IDCW has been there from 01 Jan 2013 and the average annual returns provided by this
fund is 17.04% since its inception.
How much expense ratio is charged by Taurus Banking & Financial Services Fund Direct IDCW?
The term Expense Ratio used for Taurus Banking & Financial Services Fund Direct IDCW 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 Taurus Banking & Financial Services Fund Direct IDCW is 1.68% as of 20 Jan 2022...
What is the AUM of Taurus Banking & Financial Services Fund Direct IDCW?
The AUM, short for Assets Under Management of Taurus Banking & Financial Services Fund Direct IDCW is ₹8.92Cr as of 20 Jan 2022.
How to Redeem Taurus Banking & Financial Services Fund Direct IDCW?
If you want to sell your Taurus Banking & Financial Services Fund Direct IDCW 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 Taurus Banking & Financial Services Fund Direct IDCW?
You can select either SIP  or Lumpsum  investment of Taurus Banking & Financial Services Fund Direct IDCW based on your investment objective and risk tolerance.
What is the NAV of Taurus Banking & Financial Services Fund Direct IDCW?
The NAV of Taurus Banking & Financial Services Fund Direct IDCW is ₹38.22 as of 19 Jan 2022.
What is the PE and PB ratio of Taurus Banking & Financial Services Fund Direct IDCW?
The PE ratio ratio of Taurus Banking & Financial Services Fund Direct IDCW 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).

	1Y	3Y	5Y	All
Fund returns	17.0%	15.2%	16.6%	12.0%
Category average	56.1%	9.1%	12.0%	NA
Rank with in category	8	5	4	NA

Name	Sector	Instrument	Assets
ICICI Bank Ltd.	Financial	Equity	23.9%
HDFC Bank Ltd.	Financial	Equity	19.5%
Kotak Mahindra Bank Ltd.	Financial	Equity	14.2%
State Bank of India	Financial	Equity	9.4%
Housing Development Finance Corpn. Ltd.	Financial	Equity	4.8%
Bajaj Finance Ltd.	Financial	Equity	4.2%
Motilal Oswal Financial Services Ltd	Financial	Equity	4.0%
Axis Bank Ltd.	Financial	Equity	3.7%
Crisil Ltd.	Services	Equity	3.7%
Cholamandalam Investment & Finance Company Ltd.	Financial	Equity	2.9%

Rank (total assets)	#37 in India
Total AUM	₹472.24Cr

Date of Incorporation	20 Aug 1993

Fund benchmark	S&P BSE Bankex TRI

No.11, 2nd floor, 80 FT Road
4th Block, S.T Bed, Koramangala
Bengaluru – 560034
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	3
Fund size	₹8.92Cr