Taurus Banking & Financial Services Fund Direct Plan Growth Option
Equity
Direct
Sector - Financial Services
NAV: ₹ 52.12 as on 22-04-2024
Fund Performance
5 people have invested ₹ 4.5K in Taurus Banking & Financial Services Fund Direct Plan Growth Option in the last three months
Mutual Fund Insights
In the last 3 years, Nippon India Banking & Financial Services Fund Direct Plan - Growth has given 24.02% return, outperforming this fund by 6.79% per annum.
In the last 5 years, Sundaram Financial Services Opportunities Fund Direct Plan Growth Option has given 18.62% return, outperforming this fund by 4.58% per annum.
In the last 1 year, Invesco India Financial Services Fund Direct Plan Growth has given 39.29% return, outperforming this fund by 14.15%.
INDmoney Rank of Taurus Banking & Financial Services Fund Direct Plan Growth Option
Powered by IND quant engine
IND ranking is not available for this fund.
Pros
Beats FD returns for both 3Y & 5Y duration
Cons
3Y returns in the bottom 25% of the category
About the Taurus Banking & Financial Services Fund Direct Plan Growth Option
Taurus Banking & Financial Services Fund Direct Plan Growth Option is an equity fund. This fund was started on 1 January, 2013. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Taurus Banking & Financial Services Fund Direct Plan Growth Option has ₹10 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 1.4.
Taurus Banking & Financial Services Fund Direct Plan Growth Option Overview
 | 1.39% |
 Benchmark | S&P BSE BANKEX INR |
 | ₹10 Cr |
 | 1 January, 2013 |
 | ₹500/₹500 |
 Exit Load | 0.5% |
 | No Lock-in |
 TurnOver | 91.69% |
Taurus Banking & Financial Services Fund Direct Plan Growth Option Distribution as on (31-Mar-24)
Size breakup
Large cap
76.4%
Mid cap
15%
Small cap
7.1%
Sector Allocation
Financial Services
98.5%
Tech
1.5%
Top Holdings of Taurus Banking & Financial Services Fund Direct Plan Growth Option as on (31-Mar-24)
Equity Holdings18
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 18.05% | 0% | |
 ICICI Bank Ltd | 17.85% | 0% | |
 State Bank of India | 12.09% | 0% | |
 Bank of India | 9.72% | 0% | |
 Axis Bank Ltd | 9.26% | 0% |
See all
Taurus Banking & Financial Services Fund Direct Plan Growth Option: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.46% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 1.93% in Mar'24
AUM Change
- AUM of the fund stands at 10.3 Cr as of Mar'24
- AUM increased by 0.1 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Taurus Banking & Financial Services Fund Direct Plan Growth Option portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Union Bank of India | 5.4% |
 Kotak Mahindra Bank Ltd | 4.8% |
 HDFC Bank Ltd | 4% |
Top Losers | 1M Return |
|---|---|
 Axis Bank Ltd | -0.6% |
 State Bank of India | 2.6% |
 Aditya Birla Sun Life AMC Ltd | 5.1% |
Peer Analysis
Taurus Banking & Financial Services Fund Direct Plan Growth Option Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 12.58% since inception which is less than its category average return of 15.45%
Fund Allocations
This fund has an allocation of 98.47% in Equity, 0% in Debt and 1.53% in Cash related instruments
AUM size ₹10 Cr
This fund has AUM of ₹10 Cr which is less than its category average of ₹ 1553 Cr
Expense Ratio 1.39%
This fund has an expense ratio of 1.39% which is more than its category average expense ratio of 1.35%
Frequently Asked Questions
The current NAV of Taurus Banking & Financial Services Fund Direct Plan Growth Option is ₹52.12 as on 22-Apr-2024.
Existing (Absolute + CAGR) as on 22-Apr-2024.
Taurus Banking & Financial Services Fund Direct Plan Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 2.4% | 2.4% |
6 Month Returns | 14.4% | 14.4% |
1 Year Returns | 25.14% | 25.14% |
3 Years Returns | 61.11% | 17.23% |
5 Years Returns | 92.89% | 14.04% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
1.39% as on March 2024
₹10 Cr as on March 2024
HDFC Bank Ltd(18.05%), ICICI Bank Ltd(17.85%), State Bank of India(12.09%), Bank of India(9.72%), Axis Bank Ltd(9.26%) as on March 2024
The alpha ratio for the Taurus Banking & Financial Services Fund Direct Plan Growth Option for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Taurus Banking & Financial Services Fund Direct Plan Growth Option | 9.75 | 2.39 | 3.21 |
As on March 2024
The alpha for Taurus Banking & Financial Services Fund Direct Plan Growth Option 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 Taurus Banking & Financial Services Fund Direct Plan Growth Option for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Taurus Banking & Financial Services Fund Direct Plan Growth Option | 0.86 | 0.91 | 0.88 |
As on March 2024
The Beta for Taurus Banking & Financial Services Fund Direct Plan Growth Option 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 Taurus Banking & Financial Services Fund Direct Plan Growth Option for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Taurus Banking & Financial Services Fund Direct Plan Growth Option | 1.52 | 0.66 | 0.43 |
As on March 2024
The sharpe ratio for Taurus Banking & Financial Services Fund Direct Plan Growth Option 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 Taurus Banking & Financial Services Fund Direct Plan Growth Option for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Taurus Banking & Financial Services Fund Direct Plan Growth Option | 12.11 | 15.23 | 24.15 |
As on March 2024
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 1.18 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.46 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of Taurus Banking & Financial Services Fund Direct Plan Growth Option is 0.5%