FAQ : Tata Banking & Financial Services Fund - Growth - Direct Plan

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 ₹38.33.

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

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

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

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