Groww Logo
Home>Mutual Funds>Taurus Mutual Fund>Taurus Banking & Financial Services Fund Direct IDCW

Taurus Banking & Financial Services Fund Direct IDCW

Equity
Sectoral / Thematic
Very High Risk
Payout
12.21%
3Y annualised
+0.50% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 10 Aug 2022₹37.38
Min. SIP amount₹1,000
Rating3
Fund size₹9.49Cr

Returns and rankings

Category: Equity Sectoral / Thematic
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.7%12.2%10.4%11.0%
Category average56.1%9.1%12.0%NA
Rank with in category873NA
Understand terms

Holdings (22)

NameSectorInstrumentAssets
ICICI Bank Ltd.FinancialEquity19.7%
Kotak Mahindra Bank Ltd.FinancialEquity15.6%
HDFC Bank Ltd.FinancialEquity15.1%
State Bank of IndiaFinancialEquity9.8%
Bajaj Holdings & Investment Ltd.FinancialEquity5.2%
Axis Bank Ltd.FinancialEquity4.3%
Cholamandalam Investment & Finance Company Ltd.FinancialEquity3.5%
Housing Development Finance Corpn. Ltd.FinancialEquity3.4%
Bajaj Finance Ltd.FinancialEquity2.6%
HDFC Asset Management Company Ltd.FinancialEquity2.4%
See All

Pros and cons

Category: Equity Sectoral / Thematic

Pros

Cons

3Y annualised returns higher than category average by 3.07%
Lower AUM: 9Cr. Funds with lower AUM tend to have higher expense ratio
1Y and 5Y annualised returns lower than category average
Higher expense ratio: 1.69%

Expense ratio, exit load and tax

Expense ratio: 1.69%

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

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

Fund house & investment objective

Fund house contact details

Address
Ground Floor - AML Centre-1,8 Mahal Industrial Estate,Mahakali Caves Road, Andheri (E), Mumbai 400093
Phone
022-66242700 / 1800-108-1111
Launch Date
20 Aug 1993
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,

Compare funds

Taurus Banking & Financial Services Fund Direct IDCW
VS
Add mutual fund to compare

FAQs

How 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 4.65% 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 1.69% as of 10 Aug 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 ₹9.49Cr as of 10 Aug 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 ₹37.38 as of 10 Aug 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).

Loading...
ⓒ 2016-2022 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 3.2.3
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  ICICI PRUDENTIAL |  HDFC |  NIPPON INDIA |  ADITYA BIRLA SUN LIFE |  SBI |  UTI |  FRANKLIN TEMPLETON |  KOTAK MAHINDRA |  IDFC |  DSP |  AXIS |  TATA |  L&T |  SUNDARAM |  PGIM |  INVESCO |  LIC |  JM FINANCIAL |  BARODA PIONEER |  CANARA ROBECO |  HSBC |  IDBI |  INDIABULLS |  MOTILAL OSWAL |  BNP PARIBAS |  MIRAE ASSET |  PRINCIPAL |  BOI AXA |  UNION KBC |  TAURUS |  EDELWEISS |  NAVI |  MAHINDRA |  QUANTUM |  PPFAS |  IIFL |  Quant |  SHRIRAM |  SAHARA |  ITI