Tata Banking & Financial Services Fund Direct Growth
Tata Banking & Financial Services Fund Direct Growth

Tata Banking & Financial Services Fund Direct Growth

Equity
Direct
Sector - Financial Services

NAV: ₹ 30.8 as on 27-01-2023

Fund Performance
zero opening, trading, fund transfer fee
979 people have invested ₹ 76.9L in mutual fund in the last three months

Fund Insights

In the last 1 year, this fund has outperformed all funds in its category

In the last 3 years, Sundaram Financial Services Opportunities Fund Direct Plan Growth Option has given 11.55% return, outperforming this fund by 0.93%

In the last 5 years, this fund has outperformed all funds in its category

INDmoney Rank

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IND ranking is not available for this fund.
Pros
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Lower expense ratio
Cons
No bad points found for this fund.

Fund Performance as on (19-Jan-23)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
-4.5%
0.4%
13.8%
8.8%
10.6%
11.1%
Benchmark
-2.3%
2.2%
9.6%
-0.5%
15%
9.6%
Category
-5.6%
-1.3%
10.8%
7.6%
9.2%
6.7%
About the Fund

Tata Banking & Financial Services Fund Direct Growth is an equity fund. This fund was started on  28 December, 2015. The fund is managed by Amey Sathe. The fund could potentially beat inflation in the long-run.

Key parameters

1) Tata Banking & Financial Services Fund Direct Growth has a NAV of 30.7643 as on 27-01-2023.

2) Tata Banking & Financial Services Fund Direct Growth has 1305 Cr worth of assets under management (AUM) as on 30-11-2022 and is less than category average.

3) The fund has an expense ratio 0.58 %.

Fund Overview

Expense ratio
Expense ratio
0.58%
Benchmark
Benchmark
S&P BSE BANKEX INR
AUM
AUM
₹1305 Cr
Inception Date
Inception Date
28 December, 2015
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹150
Exit Load
Exit Load
0.25%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
11.59%

Fund Distribution as on (31-Dec-22)

  • Equity 96.9%
  • Debt & Cash 3.1%
Size breakup
Large cap
66.2%
Small cap
21.5%
Mid cap
9.2%

Sector Allocation

Dec'22

Nov'22

Oct'22

Financial Services

99.2%

Health

0.8%

Top Holdings as on (31-Dec-22)

  • Equity
  • Debt & Cash
Equity Holdings27
Debt Holdings2

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 14.3 Cr in last 1M
Dec'22 return outperformed benchmark

Change in AUM

Dec'22
₹ 1.3K Cr
Nov'22
₹ 1.3K Cr
Oct'22
₹ 1.2K Cr

Fund Returns vs Benchmark

Dec'22
7.29%
5.37%
Nov'22
4.52%
2.63%
Oct'22
7.29%
5.37%
Fund Return
Benchmark Return

Concentration Analysis as on (31-Dec-22)

Fund
Dec'22
Nov'22
Oct'22
No of Holdings
29
30
30
Top 5 Company Concentration
50.2%
51.3%
51.3%
Company having highest exposure
ICICI Bank Ltd (13%)
ICICI Bank Ltd (14%)
ICICI Bank Ltd (14.4%)
No of Sectors
3
3
3
Top 5 Sectors Concentration
100%
100%
100%
Sector having highest exposure
Financial Services (96.1%)
Financial Services (96.9%)
Financial Services (97%)

Fund Manager

Amey Sathe

Amey Sathe

Fund Manager of Tata Banking & Financial Services Fund Direct Growth, since 14 October 2021

AMC details

Fund House
Tata Asset Management Limited
Total Schemes
Total AUM
₹99.46K Cr
as on 31-Dec-2022
Address
Tata Asset Management Private Limited,Mafatlal Centre, 9th Floor,,Nariman Point,,India
Phone
+912266578282
Email
kiran@tataamc.com

Fund Highlights

meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 17.19% since inception which is less than its category average return of 26.26%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.88% in Equity, 0% in Debt and 3.12% in Cash related instruments
AUM size ₹1305 Cr

AUM size ₹1305 Cr

This fund has AUM of ₹1305 Cr which is less than its category average of ₹ 1474 Cr
Expense Ratio 0.58%

Expense Ratio 0.58%

This fund has an expense ratio of 0.58% which is less than its category average expense ratio of 1.53%

Frequently Asked Questions

The current NAV of Tata Banking & Financial Services Fund Direct Growth is 31.63 as on 25-Jan-2023.
Existing (Absolute + CAGR)
Tata Banking & Financial Services Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.59%
1.59%
6 Month Returns
16.75%
16.75%
1 Year Returns
12.49%
12.49%
3 Years Returns
37.74%
11.26%
5 Years Returns
73.98%
11.71%
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0.58 as on December 2022
1305 Cr as on December 2022
ICICI Bank Ltd(12.97%),HDFC Bank Ltd(12.6%),Axis Bank Ltd(9.16%),Housing Development Finance Corp Ltd(8%),State Bank of India(7.52%) as on December 2022
Financial Services(96.11%),Cash Equivalent(3.12%),Health(0.77%) as on December 2022
The alpha ratio for the Tata Banking & Financial Services Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Tata Banking & Financial Services Fund Direct Growth
7.61
2.25
0.21
As on December 2022
The alpha for Tata Banking & Financial Services Fund Direct Growth is calculated against S&P BSE BANKEX INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Tata Banking & Financial Services Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Tata Banking & Financial Services Fund Direct Growth
0.96
0.89
0.9
As on December 2022
The Beta for Tata Banking & Financial Services Fund Direct Growth is calculated with S&P BSE BANKEX INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Tata Banking & Financial Services Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Tata Banking & Financial Services Fund Direct Growth
0.75
0.41
0.42
As on December 2022
The sharpe ratio for Tata Banking & Financial Services Fund Direct Growth is calculated with S&P BSE BANKEX INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Tata Banking & Financial Services Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Tata Banking & Financial Services Fund Direct Growth
18.89
27.91
24.45
As on December 2022
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.57 as on December 2022. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.4 as on December 2022. It tells the consistency of the fund in generating superior risk-adjusted performance
Amey Sathe is the fund manager of Tata Banking & Financial Services Fund Direct Growth
The Exit load of Tata Banking & Financial Services Fund Direct Growth is 0.25%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.