Tata Banking & Financial Services Fund (An open ended equity scheme investing in Banking & Financial Services Sector) |
Tata Banking & Financial Services Fund (An open ended equity scheme investing in Banking & Financial Services Sector) |
As on 31st May 2024
Primarily focuses on investment in at least 80% of its net assets in equity/equity related instruments of the companies in the Banking and Financial Services sector in India.
INVESTMENT OBJECTIVE:The investment objective of the scheme is to seek 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.
DATE OF ALLOTMENT:December 28,2015
FUND MANAGER(S)Amey Sathe (Managing Since 14-Oct-2021 and overall experience of 16 years)
BENCHMARK:Nifty Financial Services TRI
NAVDirect - IDCW | : 40.4708 |
Direct - Growth | : 40.4708 |
Reg - IDCW | : 32.4921 |
Reg - Growth | : 35.3269 |
FUND SIZE | |
Rs. 2048.30 (Rs. in Cr.) | |
MONTHLY AVERAGE AUM | |
Rs. 2051.94 (Rs. in Cr.) | |
TURN OVER | |
Portfolio Turnover (Equity component only) | 22.79% |
EXPENSE RATIO** | |
Direct | 0.49 |
Regular | 1.99 |
**Note: The rates specified are actual month end expenses charged as on May 31, 2024. The above ratio includes the Service tax on Investment Management Fees. The above ratio excludes, borrowing cost, wherever applicable. |
VOLATILITY MEASURES^ | FUND | BENCHMARK |
Std. Dev (Annualised) | 15.02 | 15.23 |
Sharpe Ratio | 0.41 | 0.27 |
Portfolio Beta | 0.89 | NA |
R Squared | 0.86 | NA |
Treynor | 0.59 | NA |
Jenson | 0.21 | NA |
^Risk-free rate based on the FBIL Overnight MIBOR rate of 6.76% as
on May 31, 2024 For calculation methodology |
Rs. 5,000/- and in multiples of Re. 1/- thereafter.
ADDITIONAL INVESTMENT/Rs. 1,000/- and multiples of Re. 1/- thereafter.
LOAD STRUCTURE:ENTRY LOAD | Not Applicable |
EXIT LOAD | 0.25% of NAV if redeemed/switched out
before 30 days from the date of allotment. |
Company Name | No. of Shares | Market Value Rs Lakhs | % of assets |
Equity & Equity Related Total | 198227.98 | 96.77 | |
Banks | |||
HDFC Bank Ltd. | 2840000 | 43496.02 | 21.24 |
ICICI Bank Ltd. | 1665000 | 18665.48 | 9.11 |
Axis Bank Ltd. | 1280000 | 14875.52 | 7.26 |
Kotak Mahindra Bank Ltd. | 700000 | 11762.80 | 5.74 |
State Bank Of India | 1050000 | 8718.68 | 4.26 |
Karur Vysya Bank Ltd. | 3017310 | 5947.12 | 2.90 |
Indusind Bank Ltd. | 350000 | 5116.48 | 2.50 |
Dcb Bank Ltd. | 2880022 | 3689.31 | 1.80 |
Rbl Bank Ltd. | 1500000 | 3685.50 | 1.80 |
Bandhan Bank Ltd. | 1950000 | 3671.85 | 1.79 |
IDFC First Bank Ltd. | 4300000 | 3285.20 | 1.60 |
Fino Payments Bank Ltd. | 543000 | 1477.50 | 0.72 |
Equitas Small Finance Bank Ltd. | 700000 | 648.20 | 0.32 |
Capital Markets | |||
Nippon Life India Asset Management Ltd. | 600000 | 3589.80 | 1.75 |
Central Depository Services (India) Ltd. | 160000 | 3327.52 | 1.62 |
Uti Asset Management Company Ltd. | 350000 | 3180.28 | 1.55 |
Prudent Corporate Advisory Services Ltd. | 129287 | 2133.49 | 1.04 |
Finance | |||
Pnb Housing Finance Ltd. | 815709 | 5896.76 | 2.88 |
Sbi Cards And Payment Services Ltd. | 649600 | 4495.88 | 2.19 |
Five-Star Business Finance Ltd. | 547551 | 4145.23 | 2.02 |
Aavas Financiers Ltd. | 244620 | 3906.09 | 1.91 |
Sbfc Finance Ltd. | 4615116 | 3747.47 | 1.83 |
Home First Finance Company India Ltd. | 450000 | 3680.78 | 1.80 |
Aptus Value Housing Finance India Ltd. | 1200000 | 3597.60 | 1.76 |
Repco Home Finance Ltd. | 750000 | 3524.25 | 1.72 |
Rec Ltd. | 600000 | 3226.50 | 1.58 |
India Shelter Finance Corporation Ltd. | 492909 | 2888.94 | 1.41 |
Piramal Enterprises Ltd. | 300000 | 2384.55 | 1.16 |
Spandana Sphoorty Financial Ltd. | 300000 | 2269.05 | 1.11 |
Manappuram Finance Ltd. | 400000 | 674.60 | 0.33 |
Financial Technology (Fintech) | |||
Pb Fintech Ltd. | 350000 | 4530.40 | 2.21 |
Insurance | |||
ICICI Lombard General Insurance Co. Ltd. | 300000 | 4742.25 | 2.32 |
Max Financial Services Ltd. | 415000 | 3810.32 | 1.86 |
HDFC Life Insurance Co. Ltd. | 625000 | 3436.56 | 1.68 |
Repo | 5376.62 | 2.62 | |
Portfolio Total | 203604.60 | 99.39 | |
Cash / Net Current Asset | 1225.27 | 0.61 | |
Net Assets | 204829.87 | 100.00 |
Issuer Name | % to NAV |
HDFC Bank Ltd. | 21.24 |
ICICI Bank Ltd. | 9.11 |
Axis Bank Ltd. | 7.26 |
Kotak Mahindra Bank | 5.74 |
State Bank Of India | 4.26 |
Karur Vysya Bank Ltd. | 2.90 |
Pnb Housing Finance Ltd. | 2.88 |
Indusind Bank Ltd. | 2.50 |
ICICI Lombard General Insurance Co. Ltd. | 2.32 |
Pb Fintech Ltd. | 2.21 |
Total | 60.42 |
Large Cap | 59.80% |
Mid Cap | 10.73% |
Small Cap | 29.47% |
Market Capitalisation is as per list provided by AMFI. |