|Min SIP Amount||₹1000|
|NAV||₹23.19 (18 Sep 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹8 Cr|
|HDFC Bank Ltd.||Financial||Equity||20.8%|
|ICICI Bank Ltd.||Financial||Equity||19.2%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||15.6%|
|State Bank of India||Financial||Equity||5.9%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||5.5%|
|Axis Bank Ltd.||Financial||Equity||5.1%|
|Bajaj Finance Ltd.||Financial||Equity||4.9%|
|HDFC Life Insurance Co Ltd.||Financial||Equity||4.2%|
|Indusind Bank Ltd.||Financial||Equity||2.4%|
|ICICI Prudential Life Insurance Company 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 ₹8 Cr and the Latest NAV as of 18 Sep 2020 is ₹23.19.
The Taurus Banking & Financial Services Fund Direct Dividend is rated 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.