Risk | Very High |
---|---|
Min SIP Amount | ₹1000 |
Expense Ratio | 2.41% |
NAV | ₹28.71 (26 Feb 2021) |
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Fund Started | 22 May 2012 |
Fund Size | ₹9 Cr |
Name | Sector | Instrument | % Assets |
---|---|---|---|
ICICI Bank Ltd. | Financial | Equity | 22.5% |
HDFC Bank Ltd. | Financial | Equity | 21.5% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 15.4% |
Housing Development Finance Corpn. Ltd. | Financial | Equity | 6.5% |
Axis Bank Ltd. | Financial | Equity | 4.9% |
State Bank of India | Financial | Equity | 4.9% |
HDFC Life Insurance Co Ltd. | Financial | Equity | 3.6% |
Bajaj Finance Ltd. | Financial | Equity | 3.0% |
Indusind Bank Ltd. | Financial | Equity | 2.1% |
Cholamandalam Investment & Finance Co. Ltd. | Financial | Equity | 1.7% |
Taurus Banking & Financial Services Fund Regular Dividend is a Equity Mutual Fund Scheme launched by Taurus Mutual Fund. This scheme was made available to investors on 22 May 2012. Prasanna Pathak is the Current Fund Manager of Taurus Banking & Financial Services Fund Regular Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹9 Cr and the Latest NAV as of 26 Feb 2021 is ₹28.71.
The Taurus Banking & Financial Services Fund Regular Dividend 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.
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.