Taurus Banking & Financial Services Fund Direct Dividend-0.12%

3Groww
-0.81%
1 Year Return
Equity
Sectoral/Thematic
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

Taurus Banking & Financial Services Fund Direct Dividend

RiskHigh
Min SIP Amount₹1000
Expense Ratio1.53%
NAV25.5 (23 Aug 2019)
Fund Started01 Jan 2013
Fund Size7 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Taurus Banking & Financial Services Fund Direct Dividend
-0.8%
11.5%
10.2%
9.8%
Category Average
-4.1%
10.3%
10.2%
-
Rank within category
2
4
8
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with -0.8% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Risk is lower compared to the benchmark
    3. 1Y Returns are higher than the benchmark
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Higher expense ratio
    3. 3Y Returns are lower than the benchmark
    4. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    ICICI Bank Ltd.FinancialEquity22.4%
    HDFC Bank Ltd.FinancialEquity18.5%
    Kotak Mahindra Bank Ltd.FinancialEquity16.0%
    State Bank of IndiaFinancialEquity9.8%
    Axis Bank Ltd.FinancialEquity7.8%
    Federal Bank Ltd.FinancialEquity2.1%
    Indusind Bank Ltd.FinancialEquity2.1%
    HDFC Life Insurance Co Ltd.FinancialEquity1.7%
    Bajaj Finance Ltd.FinancialEquity1.7%
    City Union Bank Ltd.FinancialEquity1.2%
    See All

    Fund Managers

    addPrasanna Pathak
    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.
    Funds Managed

    Other Details

    Taurus Banking & Financial Services Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Taurus Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Prasanna Pathak is the Current Fund Manager of Taurus Banking & Financial Services Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹7 Cr and the Latest NAV as of 23 Aug 2019 is ₹25.5.

    The Taurus Banking & Financial Services Fund Direct Dividend is rated High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 365 days..

    Investment Objective

    The primary objective of the Scheme is 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. However, there is no assurance or guarantee that the objectives of the scheme will be realized and the scheme does not assure or guarantee any returns.

    Tax Implications

    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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 1% if redeemed within 365 days.
    Exit Load

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    About Taurus Mutual Fund

    Address
    Ground Floor,AML Centre-1,8 Mahal Industrial Estate Mahakali Caves Rd., Andheri(E) Mumbai - 400093
    Phone
    022-66242700
    Launch Date
    19 Aug 1993
    Taurus Mutual Fund
    Asset Management Company
    Custodian
    SBI SG Global Securities Services Pvt.Ltd.
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
    Enter investment amount
    + ₹1,000
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    + ₹10,000
    ONE TIME
    MONTHLY SIP
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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