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3 star

Tata Banking and Financial Services Fund - Regular Plan download report


1 Lakh

Investment Grown to
₹ 1.13 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.85 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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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Tata Banking and Financial Services Reg-G -10.25 1.36 2.93 -1.97 -6.65 -8.80 -9.15 4.22 6.95 -- --
S&P BSE Bankex TRI -3.75 1.30 2.48 -2.29 -4.27 -1.78 -1.14 4.35 8.16 -- --
Equity: Sectoral-Banking -6.60 1.52 2.89 -1.47 -5.78 -5.00 -4.56 2.34 4.73 -- --
Rank within category 29 30 13 28 24 29 28 5 8 -- --
Number of funds in category 31 33 33 33 33 31 28 18 17 15 9

As on 24-Jun-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Tata Banking and Financial Services Fund - Regular Plan  | Invest Online
3 star
Dec-15 -9.15 4.22 6.95 0.95% 962
SBI Banking & Financial Services Fund - Regular Plan  | Invest Online
5 star
Feb-15 -6.60 5.73 9.83 1.94% 3,237
Sundaram Financial Services Opportunities Fund - Regular Plan
4 star
Jun-08 -4.91 6.60 7.18 2.72% 513
Invesco India Financial Services Fund  | Invest Online
4 star
Jul-08 -8.47 4.31 6.54 2.51% 410
Nippon India ETF Bank BeES  | Invest Online
Unrated
May-04 -2.88 2.91 7.36 0.19% 9,431

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 14.30 26-May-2020 - 02-Jun-2020 -24.29 16-Mar-2020 - 23-Mar-2020
Month 21.37 22-May-2020 - 23-Jun-2020 -40.82 20-Feb-2020 - 23-Mar-2020
Quarter 36.67 24-Sep-2020 - 24-Dec-2020 -40.94 23-Dec-2019 - 23-Mar-2020
Year 84.97 23-Mar-2020 - 23-Mar-2021 -31.20 27-May-2019 - 26-May-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Tata Banking and Financial Services Reg-G 9.31 26.95 0.22 0.25 0.81 -0.20
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 12 1 6 5 1 6
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 28
Top 10 Stocks (%) 71.06
Top 5 Stocks (%) 52.50
Top 3 Sectors (%) 95.00
Portfolio P/B Ratio 1.95
Portfolio P/E Ratio 17.47

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,51,046 2,55,966
Giant (%) 61.79 73.45
Large (%) 15.41 12.30
Mid (%) 13.55 11.83
Small (%) 9.25 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
equal ICICI Bank Financial 19.77 17.90 13.28 15.39
equal HDFC Bank Financial 19.76 24.17 13.54 13.54
up Axis Bank Financial 13.79 9.94 1.06 8.55
equal HDFC Financial 17.58 12.62 7.44 7.58
up State Bank of India Financial 11.46 8.54 0.00 7.45
up Kotak Mahindra Bank Financial 27.88 11.55 6.74 7.11
equal SBI Cards & Payments Services Financial 44.36 5.16 0.00 3.24
equal SBI Life Insurance Company Insurance 71.64 3.25 0.00 2.83
equal HDFC Life Insurance Insurance -- 5.30 0.00 2.81
equal ICICI Lombard General Insurance Company Insurance 43.31 3.15 1.38 2.57
equal UTI Asset Management Co. Financial 15.26 3.76 0.00 1.82
up DCB Bank Financial 8.19 4.28 0.00 1.75
up Bank of Baroda Financial 6.58 1.86 0.00 1.72
equal Indusind Bank Financial 13.02 2.11 0.00 1.69
up Cholamandalam Financial Holdings Financial 11.34 1.67 0.00 1.67
up The Federal Bank Financial 9.54 1.66 0.00 1.62
up Indian Bank Financial 4.59 1.59 0.00 1.59
up IDFC First Bank Financial 145.24 1.55 0.00 1.55
up Karur Vysya Bank Financial 5.40 2.41 0.00 1.52
equal CRISIL Services 46.37 1.63 0.00 1.49
up Piramal Enterprises Healthcare 20.41 1.51 0.00 1.48
equal Max Financial Services Financial 111.37 2.84 0.00 1.41
equal IIFL Wealth Management Financial 21.12 1.55 0.00 1.38
up PNB Housing Finance Financial 6.63 1.39 0.00 1.08
up Equitas Small Finance Bank Financial 17.52 1.04 0.00 1.04

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

— Amey Sathe since 18-Jun-2018

Education: Mr. Sathe is MMS & CFA

Experience: Prior to joining TATA Mutual Fund he has worked with JM Financial Institutional Securities Ltd as Assistant Vice President Equity Research, CARE Ratings as Deputy Manager and HDFC Securities in Equity research.

Funds Managed:


1.36%

Change from previous, NAV as on 24-Jun-2022

Growth: ₹ 22.2364

IDCW: ₹ 20.4599


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.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 150
Min. No of Cheques 12
Min. Withdrawal (₹) 500
Min. Balance (₹) 500
Lock-in Period Not Applicable
Exit Load 0.25% for redemption within 30 days

Basic Details

Fund House: Tata Mutual Fund
Launch Date: 28-Dec-2015
Return Since Launch: 13.10%
Benchmark: NIFTY Financial Services TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 962 Cr (As on 31-May-2022)
Expense: 0.95% (As on 31-May-2022)
Risk Grade: Below Average
Return Grade: Average
Turnover: 11.02%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW19-Jan-20181.4000

Contact Information

AMC: Tata Asset Management Private Ltd

Address: 9th Floor, Mafatlal Centre, Nariman Point, Mumbai - 400021

Phone: 1800-209-0101

Email: [email protected]

Website: http://www.tatamutualfund.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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