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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

Returns and rankings

Category: 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
FinancialEquity23.9%
FinancialEquity19.5%
FinancialEquity14.2%
FinancialEquity9.4%
FinancialEquity4.8%
FinancialEquity4.2%
FinancialEquity4.0%
FinancialEquity3.7%
ServicesEquity3.7%
FinancialEquity2.9%
See All

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%

Expense ratio, exit load and tax

Expense ratio: 1.68%

Inclusive of GST

Exit load

Exit load of 0.5%, if redeemed within 7 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₹1,000

Fund management

Prasanna Pathak
Jul 2017 - Present
View details

Fund house & investment objective

Fund house contact details

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