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Value Research Rating
Analyst’s Choice
Riskometer
Very High
₹39.2775 0.21%
As on 09-Sep-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
Tata Banking and Financial Services Fund - Regular Plan
|
|
|
Very High
|
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1.97 |
|
 |
|
Very High
|
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1.88 |
||
|
|
Very High
|
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1.84 |
||
|
|
Very High
|
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1.89 |
||
|
|
Very High
|
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2.05 |
₹2,302 Cr
0.25 (30)
5,000
500
100
6
Investment Strategy
The scheme seeks long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies in the Banking and Financial Services sector in India.
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.
Capital Gains Taxation
Dividend Taxation
Tata Banking and Financial Services Fund - Regular Plan is mandated to invest at least 80 per cent of its assets in the shares of banks and financial services companies.
Mutual funds can be bought directly from the website of the fund house. For instance, Tata Banking and Financial Services Fund - Regular Plan fund can be purchased from the website of Tata Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of Tata Banking and Financial Services Fund - Regular Plan is ₹39.2775 as of 10-Sep-2024.
The AUM of Tata Banking and Financial Services Fund - Regular Plan Fund is ₹2,302 Cr as of 31-Aug-2024
The riskometer level of Tata Banking and Financial Services Fund - Regular Plan is Very High. See More
| Company | Percentage of Portfolio |
|---|---|
|
20.90
|
|
|
8.89
|
|
|
6.53
|
|
|
5.76
|
|
|
3.51
|
As of 31-Aug-2024, Tata Banking and Financial Services Fund - Regular Plan had invested 96.14% in Equity and 3.86% in Cash & Cash Eq. See More
Tata Banking and Financial Services Fund - Regular Plan is 8 years 8 months old. It has delivered 17.01% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
19.80%
|
14.06%
|
16.22%
|
12.15%
|
--
|
17.01%
|
No, There is no lock in period in Tata Banking and Financial Services Fund - Regular Plan.
The expense ratio of Tata Banking and Financial Services Fund - Regular Plan is 1.97.
