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4 star

Taurus Banking & Financial Services Fund - Regular Plan download report


1 Lakh

Investment Grown to
₹ 1.11 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.89 Lakh

Suitability:

This is a fund that invests mainly in shares of banks and financial services companies.

We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other banking sector fund, if you need to redeem your investment in less than seven years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Taurus Banking & Financial Services Reg-G -9.79 -1.08 0.87 -6.98 -8.72 -8.89 -6.69 3.50 7.45 8.41 10.48
S&P BSE Bankex TRI -4.90 -1.20 1.03 -7.14 -6.58 -3.57 -2.82 3.36 8.15 9.53 13.15
Equity: Sectoral-Banking -7.36 -1.01 1.52 -5.70 -7.34 -6.41 -6.17 1.49 4.84 7.06 9.14
Rank within category 25 18 33 30 31 25 17 4 3 10 6
Number of funds in category 31 33 33 33 33 31 28 18 17 15 10

As on 29-Jun-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Taurus Banking & Financial Services Fund - Regular Plan
4 star
May-12 -6.69 3.50 7.45 2.44% 9
SBI Banking & Financial Services Fund - Regular Plan  | Invest Online
5 star
Feb-15 -7.72 5.24 9.84 1.94% 3,237
Sundaram Financial Services Opportunities Fund - Regular Plan
4 star
Jun-08 -6.34 5.70 7.18 2.72% 513
Invesco India Financial Services Fund  | Invest Online
4 star
Jul-08 -9.67 3.55 6.49 2.51% 410
Nippon India ETF Nifty Bank BeES  | Invest Online
Unrated
May-04 -4.53 1.99 7.37 0.19% 9,431

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 15.63 03-Sep-2013 - 10-Sep-2013 -24.04 16-Mar-2020 - 23-Mar-2020
Month 21.90 22-May-2020 - 23-Jun-2020 -41.03 20-Feb-2020 - 23-Mar-2020
Quarter 45.31 17-Feb-2014 - 19-May-2014 -41.48 23-Dec-2019 - 23-Mar-2020
Year 83.70 28-Jan-2014 - 28-Jan-2015 -33.86 27-May-2019 - 26-May-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Taurus Banking & Financial Services Reg-G 10.25 28.57 0.24 0.29 0.87 0.29
S&P BSE Bankex TRI 10.95 32.61 0.23 0.28 -- --
Equity: Sectoral-Banking 8.84 32.57 0.18 0.20 0.96 -1.78
Rank within category 6 3 3 3 5 3
Number of funds in category 18 18 18 18 18 18

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-May-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 21
Top 10 Stocks (%) 82.05
Top 5 Stocks (%) 65.27
Top 3 Sectors (%) 98.34
Portfolio P/B Ratio 2.16
Portfolio P/E Ratio 17.67

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,33,790 2,55,966
Giant (%) 72.36 73.45
Large (%) 15.42 12.30
Mid (%) 12.22 11.83
Small (%) -- 4.70
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down ICICI Bank Financial 19.58 25.36 16.98 19.61
up Kotak Mahindra Bank Financial 27.21 17.45 12.95 16.38
up HDFC Bank Financial 19.67 22.01 13.33 14.58
up State Bank of India Financial 11.75 10.63 3.92 9.27
up Bajaj Holdings & Inv Financial 12.70 5.43 0.00 5.43
up Axis Bank Financial 13.85 12.62 2.75 4.40
up Cholamandalam Investment & Finance Company Financial 23.64 3.72 0.00 3.57
up HDFC Financial 17.37 6.49 0.32 3.22
down CRISIL Services 47.66 4.03 0.00 2.82
equal Bajaj Finance Financial 46.52 5.07 1.66 2.77
up Union Bank of India Financial 4.45 2.26 0.00 2.26
equal ICICI Prudential Life Insurance Co. Ltd. Insurance -- 3.37 0.00 2.22
equal Indusind Bank Financial 12.82 4.51 0.00 2.03
equal Motilal Oswal Financial Ser. Financial 8.67 3.95 0.00 1.94
down Aditya Birla Capital Financial 12.66 2.89 0.00 1.93
up Bank of Baroda Financial 6.44 1.91 0.00 1.91
up Muthoot Finance Financial 9.76 2.07 0.00 0.94
equal Sundaram Finance Financial 16.75 2.27 0.00 0.94
equal Bajaj Finserv Financial 38.14 5.40 0.00 0.93
equal M&M Financial Services Financial 19.07 1.93 0.00 0.79
new HDFC Asset Management Company Financial 27.42 1.50 0.00 0.40

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2022

Fund Manager

— Prasanna Pathak since 01-Jul-2017

Education: Mr. Pathak is B.Tech and MBA in Finance.

Experience: Prior to joining Taurus Mutual Fund, he had worked as Asst.Fund Manager and Equity Analyst in the Department of Fund Management with UTI AMC for more than 4 yrs. and with HLL-Unilever for about 2 yrs. as All India Officer.

Funds Managed:


0.53%

Change from previous, NAV as on 30-Jun-2022

Growth: ₹ 30.2900

IDCW: ₹ 27.1100


Investment Strategy

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.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 1,000
Min. No of Cheques 6
Min. Withdrawal (₹) 1,000
Min. Balance (₹) 5,000
Lock-in Period Not Applicable
Exit Load 0.5% for redemption within 7 days

Basic Details

Fund House: Taurus Mutual Fund
Launch Date: 22-May-2012
Return Since Launch: 11.53%
Benchmark: S&P BSE Bankex TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 9 Cr (As on 31-May-2022)
Expense: 2.44% (As on 31-May-2022)
Risk Grade: Average
Return Grade: Average
Turnover: 46.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW22-Mar-20131.2500

Contact Information

AMC: Taurus Asset Management Company Ltd

Address: Ground Floor - AML Centre-1, 8 Mahal Industrial Estate, Mahakali Caves Road, Andheri (E), Mumbai - 400093

Fax: 022-66242777

Website: http://www.taurusmutualfund.com

Registrar & Transfer Agent: KFin Technologies Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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