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Unrated

Tata Nifty Private Bank Exchange Traded Fund - Regular Plan


1 Lakh

Investment declined to
₹ 0.93 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.52 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 multi-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
Fund -7.85 0.48 1.53 24.15 26.10 55.66 -7.30 -- -- -- --
S&P BSE Bankex TRI -7.59 0.12 0.83 23.72 25.62 53.07 -6.36 -- -- -- --
Equity: Sectoral-Banking -9.88 0.52 1.78 22.52 21.54 49.23 -9.33 -- -- -- --
Rank within category 10 13 11 4 2 2 10 -- -- -- --
Number of funds in category 23 27 27 26 24 23 23 17 15 10 8

As on 27-Nov-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Tata Nifty Private Bank Exchange Traded Fund - Regular Plan
Unrated
Aug-19 -7.30 -- -- 0.13 11
SBI Banking & Financial Services Fund - Regular Plan  | Invest Online
5 star
Feb-15 1.11 10.21 16.61 2.13 1,665
Tata Banking and Financial Services Fund - Regular Plan  | Invest Online
4 star
Dec-15 -0.62 7.58 -- 2.60 499
Nippon India ETF Bank BeES  | Invest Online
Unrated
May-04 -8.72 5.00 11.12 0.18 5,634
Kotak Banking ETF Fund Regular  | Invest Online
Unrated
Dec-14 -8.82 4.95 11.19 0.18 5,087

Best & Worst Performance

Best (Period) Worst (Period)
Week 18.43 (26-May-2020 - 02-Jun-2020) -28.47 (16-Mar-2020 - 23-Mar-2020)
Month 29.49 (22-May-2020 - 23-Jun-2020) -47.44 (20-Feb-2020 - 23-Mar-2020)
Quarter 35.59 (19-Aug-2020 - 18-Nov-2020) -50.15 (23-Dec-2019 - 23-Mar-2020)
Year -4.48 (19-Nov-2019 - 18-Nov-2020) -32.57 (25-Sep-2019 - 24-Sep-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE Bankex TRI* 4.24 30.49 -0.02 -0.03 -- --
Equity: Sectoral-Banking* -1.37 30.47 -0.18 -0.24 0.95 -5.64
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 31-Oct-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 11
Top 10 Stocks (%) 99.73
Top 5 Stocks (%) 87.44
Top 3 Sectors (%) 99.73
Portfolio P/B Ratio 2.36
Portfolio P/E Ratio 36.36

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,97,914 1,81,469
Giant (%) 79.90 75.64
Large (%) 11.91 9.94
Mid (%) 8.19 12.07
Small (%) -- 6.18
Tiny (%) -- 0.41

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
up HDFC Bank Financial 26.83 31.39 0.00 26.58
up ICICI Bank Financial 23.43 22.41 0.00 20.23
down Kotak Mahindra Bank Financial 41.59 17.81 0.00 17.07
down Axis Bank Financial 51.92 17.02 0.00 15.80
down Indusind Bank Financial 23.20 12.87 0.00 7.76
up Bandhan Bank Financial 21.72 4.12 0.00 4.12
down City Union Bank Financial 33.58 2.90 0.00 2.57
down Federal Bank Financial 8.32 3.10 0.00 2.36
down RBL Bank Financial 27.39 2.35 0.00 1.83
down IDFC First Bank Financial -- 1.73 0.00 1.41
equal Yes Bank Financial -- 1.82 0.00 0.00

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-Oct-2020

Fund Manager

— Sailesh Jain since 16-Aug-2019

Education: Mr. Jain is a Commerce Graduate and an MBA.

Experience: Prior to joining TATA Mutual Fund, he has worked with Invesco Mutual Fund, IDFC Securities Ltd. as Head Derivatives, Quant Broking Pvt Ltd. as Vice President and IIFL(India Infoline) as Vice President.

Funds Managed:


0.48%

Change from previous, NAV as on 27-Nov-2020

Growth: ₹ 165.7328


Investment Strategy

The scheme seeks to provide returns that is closely correspond to the total returns of the securities as represented by the Nifty Private Bank index, subject to tracking error.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) --
Minimum SIP Investment (₹) --
Minimum No of Cheques --
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: Tata Mutual Fund
Launch Date: 30-Aug-2019
Return Since Launch: 6.70%
Benchmark: Nifty Private Bank TRI
Riskometer: High
Type: Open-ended
Assets: ₹ 11 Cr (As on 31-Oct-2020)
Expense: 0.13% (As on 31-Oct-2020)
Risk Grade: --
Return Grade: --
Turnover: 47.93%

News & Analysis

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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Critical Investment Decisions

dateSaturday, 28-Nov-2020
time04:00 PM - 04:30 PM

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