|Min SIP Amount||₹1000|
|NAV||₹34.26 (26 Feb 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹9 Cr|
|ICICI Bank Ltd.||Financial||Equity||22.5%|
|HDFC Bank Ltd.||Financial||Equity||21.5%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||15.4%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||6.5%|
|Axis Bank Ltd.||Financial||Equity||4.9%|
|State Bank of India||Financial||Equity||4.9%|
|HDFC Life Insurance Co Ltd.||Financial||Equity||3.6%|
|Bajaj Finance Ltd.||Financial||Equity||3.0%|
|Indusind Bank Ltd.||Financial||Equity||2.1%|
|Cholamandalam Investment & Finance Co. Ltd.||Financial||Equity||1.7%|
Taurus Banking & Financial Services Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Taurus Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Prasanna Pathak is the Current Fund Manager of Taurus Banking & Financial Services Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹9 Cr and the Latest NAV as of 26 Feb 2021 is ₹34.26.
The Taurus Banking & Financial Services Fund Direct Dividend 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.
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.
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.