Taurus Banking & Financial Services Fund Direct Plan Payout of Income Dist cum cap wdrl

Equity
Direct
Sector - Financial Services
Taurus Banking & Financial Services Fund Direct Plan Payout of Income Dist cum cap wdrl

About the Fund

Taurus Banking & Financial Services Fund Direct Plan Payout of Income Dist cum cap wdrl 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

  1. Taurus Banking & Financial Services Fund Direct Plan Payout of Income Dist cum cap wdrl has ₹11 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 1.7.

Returns

Taurus Banking & Financial Services Fund Direct Plan Payout of Income Dist cum cap wdrl has given a CAGR return of 12.71% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 22.16%, 15.54% and 13.89% respectively.

Holdings

Taurus Banking & Financial Services Fund Direct Plan Payout of Income Dist cum cap wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Tech. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, State Bank of India, Axis Bank Ltd, Bank of India

Taxation

As it is a sector - financial services mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Taurus Banking & Financial Services Fund Direct Plan Payout of Income Dist cum cap wdrl

The primary objective of the Scheme is 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 a part of the BFSI Sector.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. Taurus Banking & Financial Services Fund Direct Plan Payout of Income Dist cum cap wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio
Expense ratio
1.68%
Benchmark
Benchmark
S&P BSE BANKEX INR
AUM
AUM
₹11 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹500
Exit Load
Exit Load
0.5%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
91.69%

Fund Distribution
as on (31-May-24)

  • Equity 98.8%

  • Debt & Cash 1.2%

Large cap
78%

Mid cap
13.8%

Small cap
6.6%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
98.4%
Tech
1.6%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Taurus Banking & Financial Services Fund Direct Plan Payout of Income Dist cum cap wdrl Highlights

Risk 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 12.71% since inception which is less than its category average return of 17.38%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.85% in Equity, 0% in Debt and 1.15% in Cash related instruments
AUM size ₹11 Cr

AUM size ₹11 Cr

This fund has AUM of ₹11 Cr which is less than its category average of ₹ 1524 Cr
Expense Ratio 1.68%

Expense Ratio 1.68%

This fund has an expense ratio of 1.68% which is more than its category average expense ratio of 1.33%

Frequently Asked Questions

The current NAV of Taurus Banking & Financial Services Fund Direct Plan Payout of Income Dist cum cap wdrl is ₹53.69 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
Taurus Banking & Financial Services Fund Direct Plan Payout of Income Dist cum cap wdrl
Absolute Returns
CAGR Returns
1 Month Returns
4.64%
4.64%
6 Month Returns
7.81%
7.81%
1 Year Returns
22.16%
22.16%
3 Years Returns
54.24%
15.54%
5 Years Returns
91.61%
13.89%
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.
1.68% as on May 2024
₹11 Cr as on May 2024
HDFC Bank Ltd(18.5%), ICICI Bank Ltd(17.68%), State Bank of India(12.93%), Axis Bank Ltd(9.95%), Bank of India(8%) as on May 2024
The alpha ratio for the Taurus Banking & Financial Services Fund Direct Plan Payout of Income Dist cum cap wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Taurus Banking & Financial Services Fund Direct Plan Payout of Income Dist cum cap wdrl
6.79
2.18
2.74
As on May 2024
The alpha for Taurus Banking & Financial Services Fund Direct Plan Payout of Income Dist cum cap wdrl 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 Payout of Income Dist cum cap wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Taurus Banking & Financial Services Fund Direct Plan Payout of Income Dist cum cap wdrl
0.89
0.92
0.88
As on May 2024
The Beta for Taurus Banking & Financial Services Fund Direct Plan Payout of Income Dist cum cap wdrl 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 Payout of Income Dist cum cap wdrl 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 Payout of Income Dist cum cap wdrl
0.96
0.6
0.42
As on May 2024
The sharpe ratio for Taurus Banking & Financial Services Fund Direct Plan Payout of Income Dist cum cap wdrl 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 Payout of Income Dist cum cap wdrl 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 Payout of Income Dist cum cap wdrl
12.3
15.13
24.14
As on May 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 1.03 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.43 as on May 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 Payout of Income Dist cum cap wdrl is 0.5%