Name: Taurus Banking & Financial Services Fund Direct IDCW
Brand: Taurus Mutual Fund

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Taurus Banking & Financial Services Fund Direct IDCW
Equity
Sectoral / Thematic
Very High Risk
61.28%
1Y return
-1.61% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 20 Sep 2021₹37.49
Min. SIP amount₹1,000
Rating3star
Fund size₹9.18 Cr
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 returns61.3%15.8%14.9%12.2%
Category average56.1%9.1%12.0%NA
Rank with in category1054NA
Understand termsinfo
Holdings (16)NameSectorInstrumentAssets
ICICI Bank Ltd.
FinancialEquity24.7%
HDFC Bank Ltd.
FinancialEquity21.5%
Kotak Mahindra Bank Ltd.
FinancialEquity14.3%
State Bank of India
FinancialEquity9.3%
Housing Development Finance Corpn. Ltd.
FinancialEquity6.2%
Axis Bank Ltd.
FinancialEquity4.7%
Bajaj Finance Ltd.
FinancialEquity4.0%
Cholamandalam Investment & Finance Company Ltd.
FinancialEquity3.0%
Sundaram Finance Ltd.
FinancialEquity2.2%
Mahindra & Mahindra Financial Services Ltd.
FinancialEquity1.7%
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 consinfo
Category: Equity Sectoral / Thematic
thumb_up_altPros
1Y Returns are higher than the category average returns
3Y Returns are higher than the category average returns
5Y Returns are higher than the category average returns
thumb_down_altCons
Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Higher expense ratio - 1.68%
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
31 Aug 2021 - Present
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 termsinfo
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
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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
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Taurus Mutual Fund
Rank (total assets)#37 in India
Total AUM472.24 Cr
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 available to 
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 20 Sep 2021 is ₹37.49.
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
descriptionScheme Information Document(SID)
Fund house contact details
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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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Taurus Banking & Financial Services Fund Direct IDCW
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	1Y	3Y	5Y	All
Fund returns	61.3%	15.8%	14.9%	12.2%
Category average	56.1%	9.1%	12.0%	NA
Rank with in category	10	5	4	NA

Name	Sector	Instrument	Assets
ICICI Bank Ltd.	Financial	Equity	24.7%
HDFC Bank Ltd.	Financial	Equity	21.5%
Kotak Mahindra Bank Ltd.	Financial	Equity	14.3%
State Bank of India	Financial	Equity	9.3%
Housing Development Finance Corpn. Ltd.	Financial	Equity	6.2%
Axis Bank Ltd.	Financial	Equity	4.7%
Bajaj Finance Ltd.	Financial	Equity	4.0%
Cholamandalam Investment & Finance Company Ltd.	Financial	Equity	3.0%
Sundaram Finance Ltd.	Financial	Equity	2.2%
Mahindra & Mahindra Financial Services Ltd.	Financial	Equity	1.7%

Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	3
Fund size	₹9.18 Cr