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Unrated

Tata Nifty Private Bank Exchange Traded Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.22 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.72 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 9.22 -0.09 0.30 -1.48 12.93 50.57 22.25 -- -- -- --
S&P BSE Bankex TRI 10.66 0.05 0.25 -2.33 15.01 53.77 24.02 -- -- -- --
Equity: Sectoral-Banking 13.00 0.12 0.06 -0.88 16.18 51.17 24.01 -- -- -- --
Rank within category 23 21 4 14 25 14 15 -- -- -- --
Number of funds in category 28 28 28 28 27 25 23 17 17 11 8

As on 08-Mar-2021

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 22.25 -- -- 0.15 12
SBI Banking & Financial Services Fund - Regular Plan  | Invest Online
5 star
Feb-15 24.32 17.37 22.17 2.30 2,040
Tata Banking and Financial Services Fund - Regular Plan  | Invest Online
4 star
Dec-15 24.99 14.61 20.49 2.60 581
Kotak Banking ETF Fund Regular  | Invest Online
Unrated
Dec-14 24.64 12.51 18.41 0.18 7,625
Nippon India ETF Bank BeES  | Invest Online
Unrated
May-04 24.79 12.57 18.37 0.18 7,589

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 48.81 24-Sep-2020 - 24-Dec-2020 -50.15 23-Dec-2019 - 23-Mar-2020
Year 20.52 04-Mar-2020 - 04-Mar-2021 -32.57 25-Sep-2019 - 24-Sep-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE Bankex TRI* 16.87 33.53 0.37 0.43 -- --
Equity: Sectoral-Banking* 13.61 33.95 0.29 0.32 0.97 -2.89
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 28-Feb-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 11
Top 10 Stocks (%) 99.76
Top 5 Stocks (%) 87.89
Top 3 Sectors (%) 99.76
Portfolio P/B Ratio 2.81
Portfolio P/E Ratio 29.61

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,42,171 2,20,014
Giant (%) 79.46 76.26
Large (%) 12.34 7.75
Mid (%) 8.20 13.77
Small (%) -- 5.55
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 HDFC Bank Financial 27.93 31.39 0.00 24.84
equal ICICI Bank Financial 28.99 22.41 0.00 21.87
equal Axis Bank Financial 76.44 17.75 0.00 17.75
equal Kotak Mahindra Bank Financial 41.83 17.81 0.00 14.81
equal Indusind Bank Financial 33.79 12.87 0.00 8.62
equal Bandhan Bank Financial 21.42 4.64 0.00 3.69
equal Federal Bank Financial 11.50 3.10 0.00 2.55
equal City Union Bank Financial 32.47 2.90 0.00 2.22
equal IDFC First Bank Financial 88.60 1.74 0.00 1.74
equal RBL Bank Financial 25.61 2.35 0.00 1.67
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-Jan-2021

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:


-0.09%

Change from previous, NAV as on 08-Mar-2021

Growth: ₹ 189.4658


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 (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Tata Mutual Fund
Launch Date: 30-Aug-2019
Return Since Launch: 15.21%
Benchmark: Nifty Private Bank TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 12 Cr (As on 31-Jan-2021)
Expense: 0.15% (As on 31-Jan-2021)
Risk Grade: --
Return Grade: --
Turnover: 43.40%

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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