Tata Banking & Financial Services Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 26.06 | 13.62 | 16.89 | N/A |
Average Rolling Returns(%) | 20.56 | 15.56 | 15.18 | N/A |
The Current NAV of Tata Banking & Financial Services Fund - Growth - Direct Plan is ₹38.53.
You should look for a fund with better more consistent performance track record. Funds returns likely to be fairly different than its benchmark Nifty Financial Services , as Funds portfolio is somewhat different.
Tata Banking & Financial Services Fund - Growth - Direct Plan fund’s expense ratio is 0.51%
The process for redemption is
The AUM of Tata Banking & Financial Services Fund - Growth - Direct Plan is currently ₹1,944 Crores.
The Top three stocks are HDFC Bank, ICICI Bank and Axis Bank and account for 36% of its portfolio. Top 5 and 10 stocks of fund account for 47% and 60% of fund’s portfolio respectively.
Top three sectors of Tata Banking & Financial Services Fund - Growth - Direct Plan fund are BFSI, IT and Miscellaneous accounting for 99% of the total portfolio.
Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Equity - Sectoral Fund - Banks & Financial Service it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Tata Banking & Financial Services Fund - Growth - Direct Plan Fund is Equity - Sectoral Fund - Banks & Financial Service.
Amey Sathe manages the Tata Banking & Financial Services Fund - Growth - Direct Plan Fund.
Tata Banking & Financial Services Fund - Growth - Direct Plan current PE ratio is 22.22 and PB ratio is 3.31
The asset allocation of Tata Banking & Financial Services Fund - Growth - Direct Plan is Stocks : 97.68%, Debt : 2.33% and Gold : 0%
The minimum SIP amount for Tata Banking & Financial Services Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹5000.00
The exit load for Tata Banking & Financial Services Fund - Growth - Direct Plan is 0.25% on or before 30 days